Running Apparel and Footwear Market size in the US to increase by USD 9.89 billion from 2021 to 2026| Adidas AG, ASICS Corp., Authentic Brands Group LLC, and more to emerge as key players- Technavio

admin 0 Comments July 19, 2023

NEW YORK, July 19, 2023 /PRNewswire/ — The running apparel and footwear market size in the US is expected to increase by USD 9.89 billion from 2021 to 2026, at a decelerating CAGR of 6.49%, according to Technavio.The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market’s competitive landscape and offers information on several market vendors including – Adidas AG, ASICS Corp., Authentic Brands Group LLC, Berkshire Hathaway Inc., Columbia Sportswear Co., Deckers Outdoor Corp, Hanesbrands Inc., Karhu Holding BV, Mizuno Corp, New Balance Athletics Inc, Newton Running Co. Inc., Nike Inc, On AG, PUMA SE, Ralph Lauren Corp., Skechers USA Inc., The Gap Inc., Under Armour Inc., VF Corp., and Wolverine World Wide Inc. – Download the sample report

Running Apparel and Footwear Market in the US Insights –

Vendors: 15+, Including adidas AG, ASICS Corp., Authentic Brands Group LLC, Berkshire Hathaway Inc., Columbia Sportswear Co., Deckers Outdoor Corp, Hanesbrands Inc., Karhu Holding BV, Mizuno Corp, New Balance Athletics Inc, Newton Running Co. Inc., Nike Inc, On AG, PUMA SE, Ralph Lauren Corp., Skechers USA Inc., The Gap Inc., Under Armour Inc., VF Corp., and Wolverine World Wide Inc., among others
Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
Segments: End-user (men, women, and children) and Distribution Channel (offline and online)

To understand more about the running apparel and footwear market in the US, Download the sample Report.

Key driver- The high-profit margin is the key factor driving the market growth. Manufacturers in the footwear industry prioritize adding new features to their products, specifically targeting sports activities like running, tennis, basketball, and soccer. Among these sports, premium-priced running footwear holds a significant position as it generates substantial profits for manufacturers. Despite the relatively lower manufacturing cost, running footwear is sold at premium prices, contributing to higher profit margins. Moreover, this profitability in the running footwear category plays an important role in earning high operating margins and income for producers and marketers. The strong financial performance of these companies positively influences sales growth in both running apparel and footwear segments. Hence, these factors are expected to drive market growth during the forecast period.

Major Trends- The growing adoption of shoe knitting technology is a major trend in the market.

Significant Challenges- The high labor cost will be a major challenge restricting the market growth.

Drivers, Trends & Challenges have an impact on market dynamics and can impact businesses. Find some insights from a sample report!

The running apparel and footwear market in the US report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as prospects.

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What are the key data covered in this Running Apparel and Footwear Market In US report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the running apparel and footwear market In the US between 2022 and 2026
Precise estimation of the size of the running apparel and footwear market In the US and its contribution to the market with a focus on the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the running apparel and footwear market In the US across the US
A thorough analysis of the market’s competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of the running apparel and footwear market in US vendors

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Running Apparel and Footwear Market in US Scope
Report Coverage	Details
Base year	2021
Historic period	2017-2021
Forecast period	2022-2026
Growth momentum & CAGR	Decelerate at a CAGR of 6.49%
Market Growth 2022-2026	USD 9.89 billion
Market structure	Fragmented
YoY growth 2022-2023 (%)	7.25
Competitive landscape	Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	adidas AG, ASICS Corp., Authentic Brands Group LLC, Berkshire Hathaway Inc., Columbia Sportswear Co., Deckers Outdoor Corp, Hanesbrands Inc., Karhu Holding BV, Mizuno Corp, New Balance Athletics Inc, Newton Running Co. Inc., Nike Inc, On AG, PUMA SE, Ralph Lauren Corp., Skechers USA Inc., The Gap Inc., Under Armour Inc., VF Corp., and Wolverine World Wide Inc.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

1.1 Market Overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Country Market Characteristics
Exhibit 04: Executive Summary – Chart on Market Segmentation by End-user
Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
Exhibit 06: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 07: Parent market
Exhibit 08: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 09: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 10: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026

Exhibit 11: Chart on US – Market size and forecast 2021-2026 ($ billion)
Exhibit 12: Data Table on US – Market size and forecast 2021-2026 ($ billion)
Exhibit 13: Chart on US: Year-over-year growth 2021-2026 (%)
Exhibit 14: Data Table on US: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary

Exhibit 15: Five forces analysis – Comparison between 2021 and 2026

4.2 Bargaining power of buyers

Exhibit 16: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers

Exhibit 17: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants

Exhibit 18: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes

Exhibit 19: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry

Exhibit 20: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition

Exhibit 21: Chart on Market condition – Five forces 2021 and 2026

5 Market Segmentation by End-user

5.1 Market segments

Exhibit 22: Chart on End-user – Market share 2021-2026 (%)
Exhibit 23: Data Table on End-user – Market share 2021-2026 (%)

5.2 Comparison by End-user

Exhibit 24: Chart on Comparison by End-user
Exhibit 25: Data Table on Comparison by End-user

5.3 Men – Market size and forecast 2021-2026

Exhibit 26: Chart on Men – Market size and forecast 2021-2026 ($ billion)
Exhibit 27: Data Table on Men – Market size and forecast 2021-2026 ($ billion)
Exhibit 28: Chart on Men – Year-over-year growth 2021-2026 (%)
Exhibit 29: Data Table on Men – Year-over-year growth 2021-2026 (%)

5.4 Women – Market size and forecast 2021-2026

Exhibit 30: Chart on Women – Market size and forecast 2021-2026 ($ billion)
Exhibit 31: Data Table on Women – Market size and forecast 2021-2026 ($ billion)
Exhibit 32: Chart on Women – Year-over-year growth 2021-2026 (%)
Exhibit 33: Data Table on Women – Year-over-year growth 2021-2026 (%)

5.5 Children – Market size and forecast 2021-2026

Exhibit 34: Chart on Children – Market size and forecast 2021-2026 ($ billion)
Exhibit 35: Data Table on Children – Market size and forecast 2021-2026 ($ billion)
Exhibit 36: Chart on Children – Year-over-year growth 2021-2026 (%)
Exhibit 37: Data Table on Children – Year-over-year growth 2021-2026 (%)

5.6 Market opportunity by End-user

Exhibit 38: Market opportunity by End-user ($ billion)

6 Market Segmentation by Distribution Channel

6.1 Market segments

Exhibit 39: Chart on Distribution Channel – Market share 2021-2026 (%)
Exhibit 40: Data Table on Distribution Channel – Market share 2021-2026 (%)

6.2 Comparison by Distribution Channel

Exhibit 41: Chart on Comparison by Distribution Channel
Exhibit 42: Data Table on Comparison by Distribution Channel

6.3 Offline – Market size and forecast 2021-2026

Exhibit 43: Chart on Offline – Market size and forecast 2021-2026 ($ billion)
Exhibit 44: Data Table on Offline – Market size and forecast 2021-2026 ($ billion)
Exhibit 45: Chart on Offline – Year-over-year growth 2021-2026 (%)
Exhibit 46: Data Table on Offline – Year-over-year growth 2021-2026 (%)

6.4 Online – Market size and forecast 2021-2026

Exhibit 47: Chart on Online – Market size and forecast 2021-2026 ($ billion)
Exhibit 48: Data Table on Online – Market size and forecast 2021-2026 ($ billion)
Exhibit 49: Chart on Online – Year-over-year growth 2021-2026 (%)
Exhibit 50: Data Table on Online – Year-over-year growth 2021-2026 (%)

6.5 Market opportunity by Distribution Channel

Exhibit 51: Market opportunity by Distribution Channel ($ billion)

7 Customer Landscape

7.1 Customer landscape overview

Exhibit 52: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Drivers, Challenges, and Trends

8.1 Market drivers

8.2 Market challenges

8.3 Impact of drivers and challenges

Exhibit 53: Impact of drivers and challenges in 2021 and 2026

8.4 Market trends

9 Vendor Landscape

9.1 Overview

9.2 Vendor landscape

Exhibit 54: Overview on Criticality of inputs and Factors of differentiation

9.3 Landscape disruption

Exhibit 55: Overview on factors of disruption

9.4 Industry risks

Exhibit 56: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered

Exhibit 57: Vendors covered

10.2 Market positioning of vendors

Exhibit 58: Matrix on vendor position and classification

10.3 adidas AG

Exhibit 59: adidas AG – Overview
Exhibit 60: adidas AG – Business segments
Exhibit 61: adidas AG – Key news
Exhibit 62: adidas AG – Key offerings
Exhibit 63: adidas AG – Segment focus

10.4 ASICS Corp.

Exhibit 64: ASICS Corp. – Overview
Exhibit 65: ASICS Corp. – Business segments
Exhibit 66: ASICS Corp. – Key news
Exhibit 67: ASICS Corp. – Key offerings
Exhibit 68: ASICS Corp. – Segment focus

10.5 Berkshire Hathaway Inc.

Exhibit 69: Berkshire Hathaway Inc. – Overview
Exhibit 70: Berkshire Hathaway Inc. – Business segments
Exhibit 71: Berkshire Hathaway Inc. – Key offerings
Exhibit 72: Berkshire Hathaway Inc. – Segment focus

10.6 Columbia Sportswear Co.

Exhibit 73: Columbia Sportswear Co. – Overview
Exhibit 74: Columbia Sportswear Co. – Business segments
Exhibit 75: Columbia Sportswear Co. – Key news
Exhibit 76: Columbia Sportswear Co. – Key offerings
Exhibit 77: Columbia Sportswear Co. – Segment focus

10.7 New Balance Athletics Inc

Exhibit 78: New Balance Athletics Inc – Overview
Exhibit 79: New Balance Athletics Inc – Product / Service
Exhibit 80: New Balance Athletics Inc – Key offerings

10.8 Nike Inc

Exhibit 81: Nike Inc – Overview
Exhibit 82: Nike Inc – Business segments
Exhibit 83: Nike Inc – Key news
Exhibit 84: Nike Inc – Key offerings
Exhibit 85: Nike Inc – Segment focus

10.9 PUMA SE

Exhibit 86: PUMA SE – Overview
Exhibit 87: PUMA SE – Business segments
Exhibit 88: PUMA SE – Key news
Exhibit 89: PUMA SE – Key offerings
Exhibit 90: PUMA SE – Segment focus

10.10 Skechers USA Inc.

Exhibit 91: Skechers USA Inc. – Overview
Exhibit 92: Skechers USA Inc. – Business segments
Exhibit 93: Skechers USA Inc. – Key news
Exhibit 94: Skechers USA Inc. – Key offerings
Exhibit 95: Skechers USA Inc. – Segment focus

10.11 Under Armour Inc.

Exhibit 96: Under Armour Inc. – Overview
Exhibit 97: Under Armour Inc. – Business segments
Exhibit 98: Under Armour Inc. – Key offerings
Exhibit 99: Under Armour Inc. – Segment focus

10.12 VF Corp.

Exhibit 100: VF Corp. – Overview
Exhibit 101: VF Corp. – Business segments
Exhibit 102: VF Corp. – Key news
Exhibit 103: VF Corp. – Key offerings
Exhibit 104: VF Corp. – Segment focus

11 Appendix

11.1 Scope of the report

11.2 Inclusions and exclusions checklist

Exhibit 105: Inclusions checklist
Exhibit 106: Exclusions checklist

11.3 Currency conversion rates for US$

Exhibit 107: Currency conversion rates for US$

11.4 Research methodology

Exhibit 108: Research methodology
Exhibit 109: Validation techniques employed for market sizing
Exhibit 110: Information sources

11.5 List of abbreviations

Exhibit 111: List of abbreviations

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