Trail Running Shoes Market Size, Share & Trends Analysis Report By Type (Light, Rugged, Off Trail), By Distribution Channel (Online, Offline), By Region, And Segment Forecasts, 2019 - 2025
Trail Running Shoes Market Growth & Trends
The global trail running shoes market size is expected to reach USD 8.9 billion by 2025, registering a 5.9% CAGR over the forecast period, according to a new report published by Grand View Research, Inc. Increasing participation in trail running events is anticipated to drive the product demand. The rising popularity of outdoor activities is supporting the product demand. As per the Physical Activity Council, the participation rate in outdoor activities increased from 53.9% in 2013 to 59.2% in 2018. The boom in marathon running is also projected to drive market growth.
The demand for trail running shoes is majorly driven by the growing number of female participants. The female participation in running increased from 22% in 2014 to 34% in 2017. The growing popularity of trail running events, such as Ultra-Trail du Mont-Blanc (UTMB), is also supporting the market growth. The demand for entry in this event witnessed a 68% rise from 2016 to 2019. In 2019, the event received 26,000 applications from 10,000 places. There are around 4,300 races certified and recognized by the International Trail Running Association (ITRA), with around 10,000 events taking place worldwide.
A high number of professional ultra-trail running participants is also a major factor driving the growth of the trail running shoes market. Ultra-trail running witnessed a 14% year-on-year growth over the past 25 years. The participants in this group are the core consumers of trail running shoes. High adoption among these consumers in order to maintain a grip over dirt, mud, gravel, roots, and rock slabs, along with protecting the feet from injuries, is expected to bode well for the overall market growth.
Asia Pacific registered the fastest CAGR in 2018 and is anticipated to continue leading over the forecasted period. The growth is majorly driven by the demand for trail running shoes from China. North America was the largest market in 2018. As per the American Trail Running Association, 83% of runners wore trail-specific shoes when training on the trails in 2019, compared to 78% in 2018.
Trail Running Shoes Market Report Highlights
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