Global Running Shoe Market 2025–2034

Reports Description

According to Custom Market Insights (CMI), the Global Running Shoe Market size was estimated at USD 15 Billion in 2021 and is expected to reach USD 15.44 billion in 2022 and is expected to hit around USD 19 Billion by 2030, poised to grow at a compound annual growth rate (CAGR) of 4% from 2022 to 2030.

Our research report offers a 360-degree view of the Running Shoe market’s drivers and restraints, coupled with the impact they have on demand during the projection period. Also, the report examines global opportunities and competitive analysis for the Running Shoe market.

• Running shoes provide comfort and protection for the feet. The styles of shoes have changed significantly over time and between cultures. The market has grown due to the necessity of specific shoes for a given activity and the significance of shoes for that activity. Shoes should be chosen based on activities as well as other considerations like age, gender, weight, and any history of back, ankle, or other leg injuries.
• Due to the growing popularity of outdoor activities, there has been an increase in the demand for running shoes during the past few years. During the forecast period, this element, together with rising disposable income and a preference for physical fitness, is anticipated to boost the worldwide running shoe market.
• COVID-19 has had a substantial effect on the athletic footwear and apparel industries. In terms of brands, sales of footwear under the Nike, Jordan, and Converse brands all experienced declines in the high teens and low teens, respectively. Under Armour’s decline was about 25%, Fila’s decline was almost 50%, while Skechers, Adidas, ASICS, and Vans saw declines in the teens.
• Shoes for running are necessary for training, road running, advanced running, track running, trail running, and racing.

Report Scope

The global Running Shoe Market research report offers an in-depth analysis of the global market size, which is further segmented into regional and country-level market size, and segmentation market growth. Also, it provides the market share, sales analysis, competitive landscape, the impact of domestic and global market participants, trade regulations, value chain optimization, recent key developments, strategic market growth analysis, opportunities analysis, product launches, and technological innovations. The scope of the study includes market sizing and forecast for segmentation by gender, type, distribution channel, and geography.

Report Scope

Key Market Dynamics

• The advancement of technology has resulted in the creation of more comfortable and protective running shoes. Nowadays, shoes are manufactured of rubber, plastic, and petrochemical-derived materials instead of traditional materials like leather, canvas, etc. Environmental dangers, including temperature swings and sharp rocks, can hurt a person’s foot. During the projected period, rising outdoor activities and safety concerns are anticipated to fuel demand for running shoes.
• Product demand is expected to rise as consumers become more aware of how sports and fitness can improve health and lower the risk of chronic diseases. Running shoes are likely to be in high demand throughout the forecast period as a result of consumers realizing how important the right equipment is to prevent muscular soreness, knee and leg pain, and other problems.
• Running shoe producers are putting more effort into creating footwear that is stable and comfortable. To draw in additional customers, several manufacturers also provide customization options. The market for running shoes is anticipated to increase during the forecast period as a result of company sales expansion, and novel product launches through online channels, marketing campaigns, and promotional methods.
• However, the high cost of branded footwear and the different health risks associated with its manufacture and disposal are the main factors restricting the market for running shoes. At the same time, the existence of several counterfeit items has the potential to pose a threat to the market’s expansion.

Asia Pacific Region Dominated the Running Shoe Market in 2021

• In 2021, Asia Pacific had a revenue share of about 35.0%, dominating the market. Over the course of the forecast, the region is expected to keep dominating the market.
• Additionally, there is a growing interest among the locals in running, fitness, and other sporting activities. Additionally, the region’s growing e-commerce penetration, rising levels of disposable money, and increased interest in participating in numerous sports events.
• Sales growth in the Asia Pacific market is attributed to the rising demand for comfy and lightweight running shoes due to the increased use of fitness activities, including running, walking, and aerobics. Additionally, buyers from the younger generation are favouring running shoes in bold colors and fashionable styles more and more to complete their athleisure image.
• During the forecast period, China and India are anticipated to have the highest potential.
• China’s market for running shoes is anticipated to grow at the quickest rate throughout the forecast period. The steadily rising degree of health consciousness among the country’s emerging middle-class population and the expanding athletic environment drive the market for athletic footwear in China. Although well-known companies like Nike and Adidas dominate the market, domestic firms like Anta and Li Ning have seen a sharp increase in popularity over the past few years.
• There is a growing appreciation for domestic brands, supported by a rekindled feeling of national pride among younger customers, as more domestic firms enter the market with less expensive options, reinforcing the price-sensitive nature of the Chinese consumer purchase pattern. Additionally, by adopting various localized branding strategies adjusted to the Chinese geography, foreign businesses and brands have increased the number of Chinese consumers interested in their line of sports shoes.
• For instance, Nike customers can follow the business on the messaging platform WeChat to receive daily news and updates on Nike. Nike wants to improve its WeChat customer relationships by moving from broadcasting to talking or from “one to many” to “one to one.”

Competitive Landscape

The competitive landscape of the running shoe industry gives information about the competitors. The company’s financials, revenue generated, market potential, investment in R&D, global presence, new market initiatives, production capacities, production sites & facilities, company strengths and weaknesses, product release, product width and breadth, and application dominance are among the details that are included. The data points mentioned above only pertain to the companies’ market focus on running shoes.

• 2022: The ASICS X SOLANA UI Collection has been introduced, according to the Japanese sportswear brand ASICS. Custom-made, limited-edition GT-2000 11 running shoes from the new collection offer buyers an opportunity to win an ASICS x STEPN GT-2000 NFT.
• 2022: Hilma, a local running shoe firm, has introduced customized footwear for ladies.
• 2022: To boost sales, even more, $5 million is invested in Holo Shoes.
• 2022: Adidas announced the opening of its 3,140-square-foot largest offline retail location in India. The retailer sells a variety of items from Adidas Originals, including shoes, clothing, and accessories.

Prominent Players:

• Nike Inc.
• ASICS
• Adidas AG
• Saucony
• New Balance Athletics Inc.
• Under Armour Inc.
• Salomon Group
• Reebok International Limited
• Brooks Sports Inc.
• Mizuno Corporation
• Hoka One One
• Puma SE
• Others

The global Running Shoe market is segmented as follows:

By Gender

• Men
• Women
• Kids

By Product

• Treadmill
• Road
• Trail
• Mud
• Snow

By Distribution Channel

• Online
• Offline

By Region

North America

• U.S.
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• France
• U.K.
• Italy
• Spain
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• Rest of Asia Pacific

The Middle East & Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of the Middle East & Africa

Latin America

• Brazil
• Argentina
• Rest of Latin America