Market Size of Running Apparel Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 4.51 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
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*Disclaimer: Major Players sorted in no particular order |
Running Apparel Market Analysis
The Running Apparel Market size is expected to grow from USD 13.07 billion in 2023 to USD 16.30 billion by 2028, at a CAGR of 4.51% during the forecast period (2023-2028).
- In line with the sports trend, consumers are increasingly seeking designer running apparel, including athletic shoes that include elements of sports design. Additionally, the continued shift toward more active lifestyles drives the demand for running and cycling footwear across the world. Additionally, with the increased workload and societal adoption of Western culture, marathon participation has grown in popularity since it aids in strength building, which supports the worldwide market's expansion. In addition, growing technology usage and the popularity of smart wearables are some of the key drivers boosting the development of the running apparel market.
- As per the data published by NHS Digital, in the year 2021, in England, the percentage of the obese population was 26% for women and 25% for males. Such conditions have been prevalent across the globe over the past few years. Hence, due to the rising health problems and the hectic lifestyles of the working population worldwide, people are compelled to incorporate jogging and running into their daily routines to keep in shape and be healthy. Due to the rise in athletic involvement, customers are increasingly looking for designer athletic footwear with a sports-inspired style.
- Additionally, the worldwide demand for running apparel is driven by the ongoing move toward more active lives. The need for running apparel in recent years has also been significantly fueled by a rise in government efforts in many nations to boost sports participation.
- For instance, During 2018-2022, the Sports Authority of India (SAI) promoted sports participation by launching strategic schemes like Fit India Movement, Khelo India Scheme, Sports Talent Search Portal, Target Olympic Podium Scheme, and National Sports Awards Scheme, among others. Such factors will drive the growth of the market during the forecast period.
Running Apparel Industry Segmentation
The clothing suited for running or other sports activities is categorized as running apparel.
The running apparel market is segmented by product type, end-user, distribution channel, and geography. By product type, the market is segmented into clothing, footwear, and other product types. By the end-user, the market is segmented by men, women, and kids. The market is segmented by distribution channel into offline and online retail channels. Also, the study analyzes the running apparel market in emerging and established markets worldwide, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
The market sizing has been done in value terms in USD for all the abovementioned segments.
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| Clothing | |
| Footwear | |
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| End-User | |
| Men | |
| Women | |
| Kids |
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| Online Retail Channel | |
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Running Apparel Market Size Summary
The running apparel market is experiencing a notable expansion, driven by a growing consumer inclination towards designer athletic wear and a shift towards more active lifestyles. This trend is further bolstered by the increasing popularity of marathons and the adoption of Western cultural practices, which emphasize fitness and strength building. The market's growth is also supported by the rise in technology usage and the integration of smart wearables, which enhance the functionality and appeal of running apparel. The global health landscape, marked by rising obesity rates, has prompted individuals to incorporate jogging and running into their routines, thereby fueling demand for running apparel. Government initiatives in various countries, aimed at promoting sports participation, have also contributed to the market's expansion, with programs like India's Fit India Movement and Khelo India Scheme playing a significant role.
North America stands as the largest market for running apparel, with the United States and Canada leading the charge due to their robust fitness cultures and well-known marathons. The region's market growth is supported by the increasing popularity of online shopping, driven by the convenience and benefits it offers, such as discounts and quick delivery. Key players in the market, including Nike, Adidas, and Under Armour, are focusing on expanding their digital presence and product offerings to capture a larger market share. Innovations like shoe knitting technology and product customization are further propelling market growth. The competitive landscape is characterized by major companies investing in research and development, advanced distribution networks, and strategic expansions to enhance their global footprint and meet the rising demand for running apparel.
Running Apparel Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Product Type
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2.1.1 Clothing
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2.1.2 Footwear
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2.1.3 Other Product Types
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2.2 End-User
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2.2.1 Men
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2.2.2 Women
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2.2.3 Kids
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2.3 Distribution Channel
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2.3.1 Online Retail Channel
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2.3.2 Offline Retail Channel
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2.4 Geography
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2.4.1 North America
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2.4.1.1 United States
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2.4.1.2 Canada
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2.4.1.3 Mexico
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2.4.1.4 Rest of North America
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2.4.2 Europe
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2.4.2.1 Spain
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2.4.2.2 United Kingdom
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2.4.2.3 Germany
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2.4.2.4 France
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2.4.2.5 Italy
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2.4.2.6 Russia
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2.4.2.7 Rest of Europe
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2.4.3 Asia-Pacific
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2.4.3.1 China
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2.4.3.2 Japan
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2.4.3.3 India
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2.4.3.4 Australia
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2.4.3.5 Rest of Asia-Pacific
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2.4.4 South America
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2.4.4.1 Brazil
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2.4.4.2 Argentina
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2.4.4.3 Rest of South America
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2.4.5 Middle East and Africa
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2.4.5.1 South Africa
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2.4.5.2 Saudi Arabia
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2.4.5.3 Rest of Middle East and Africa
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Running Apparel Market Size FAQs
What is the current Running Apparel Market size?
The Running Apparel Market is projected to register a CAGR of 4.51% during the forecast period (2024-2029)
Who are the key players in Running Apparel Market?
Nike, Inc., Adidas AG, Under Armour, Inc., ASICS Corporation and Puma SE are the major companies operating in the Running Apparel Market.
