Trail Running Shoes Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Rugged, Light, Off Trail); Distribution Channel (Specialty store, Supermarkets and hypermarkets, Online retail, Others) and Geography
Trail running shoes are usually more stiff through the midsoles as compared to road running shoes. The more stiffness provides support on uneven surfaces and rugged trails. Some type of trail-running shoes also include rock plates between the outsoles and midsoles. Major types of trail running shoes are light, rugged and off trail. Trail running shoes market is expected to witness significant growth in coming years all over the world.
The "Global Trail Running Shoes Market Analysis to 2028" is a specialized and in-depth study of the consumer goods industry with a special focus on the global market trend analysis. The report aims to provide an overview of the trail running shoes market with detailed market segmentation by type, distribution channel, and geography. The report provides key statistics on the market status of the leading trail running shoes market players and offers key trends and opportunities in the market.
Based on type, the global trail running shoes market is segmented into rugged, light and off trail.
Based on distribution channel, the market is bifurcated into specialty store, supermarkets and hypermarkets, online retail and others.
MARKET DYNAMICS Drivers:
Growing inclination towards use of trail running shoes.
Increasing per capita disposable income to boost market growth of trail running shoes.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The trail running shoes market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the trail running shoes market in these regions.
IMPACT OF COVID-19 ON TRAIL RUNNING SHOES MARKET
The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities. This pandemic restricted movement of people from one place to another. Many play grounds, jogging tracks and sports complex were temporarily closed. Due to restriction like limited workforce at production site, this market also suffered from supply side.
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The report covers key developments in the trail running shoes market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from trail running shoes market are anticipated to lucrative growth opportunities in the future with the rising demand for trail running shoes in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the trail running shoes market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
ASICS America Corporation
Brooks Sports, Inc
Wolverine World Wide, Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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The List of Companies
1. Adidas AG
2. ASICS America Corporation
3. Brooks Sports, Inc
4. Deckers Brands
5. New Balance
6. Nike Inc.
10. Wolverine World Wide, Inc.