ADIDAS AG, Nike, Inc. and PUMA SE were Dominating the Germany Running Footwear Market in 2021

Germany Running Footwear Market is expected to grow with the CAGR of 6.1% in the forecast period of 2022 to 2029. The years considered for study are as mentioned below.

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Germany running footwear market is a highly fragmented market, which includes majority number of key players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in Germany running footwear market are introducing strong range of products provider along with launching new products and adopting strategic initiative such as acquisition, agreement, business expansion, award and recognition into the market. This helped companies to maximize the sales with enhanced product portfolio.

For instance:

  • In December 2021, ADIDAS AG has introduced Ultraboost 22 for Female Runners. The key feature of this footwear was the usage of continental natural rubber outsole and an upper made with yarn containing 50 percent parley ocean plastic. Through this company strengthen its female running footwear portfolio.

ADIDAS AG is the dominating player in Germany running footwear market. The other key players existing in the market are Saucony, PUMA SE, ASICS Corporation, Nike, Inc., True Motion Running GmbH, Altra, Brooks Sports, Inc, New Balance, Lunge Lauf- und Sportschuhe GmbH, DECKERS BRANDS and others.

Germany Running Footwear MarketADIDAS AG

ADIDAS AG was founded in the year 1949, headquartered is in Herzogenaurach, Germany. The company is engaged in providing wide product portfolio of sports apparel, footwear, hardware and accessories for all gender and ages. The company has several product categories including footwear, clothing, accessories of which footwear is the focused category. The subsidiaries of the company are Reebok International Ltd. (U.S.), adidas America, Inc. (U.S.), adidas Sports(China) Co., Ltd. (China), ADIDAS CIS (Russia), adidas Latin America, S.A. (Panama) among others

For instance,

  • In June 2021, ADIDAS AG has introduced Adizero Adios Pro2, Adizero Boston 10 and Adizero PrimeX running shoes. The key feature of this footwear was that it was specifically designed for distance runners. Through this company further extended its running shoe portfolio..

The company has wide presence across Asia-Pacific, Americas, Europe, Middle East and Africa

Nike, Inc.

Nike, Inc. was founded in the year 1967, headquarter in Oregon, U.S. The company is engaged in providing wide product portfolio of athletic footwear, apparel, equipment, accessories and services for all gender and ages in the world. The company has several product categories including shoes and clothing of which shoes is the focused category. The subsidiaries of the company are American NIKE S.L (Spain), Converse Inc. (U.S.), NIKE Argentina Srl (Argentina), NIKE Asia Holding B.V. (Netherlands), NIKE India Private Limited (India), NIKE Israel Ltd. (Israel) and others.

For instance,

  • In November 2021, Nike, Inc. has launched Nike Zoom GT Jump footwear. The key feature of this shoe was the usage of react foam and forefoot-focused zoom which enhance speed and explosive speed. Moreover, this shoes can be used for playing basketball. Through this company strengthen its running shoe portfolio and offered innovative products to its consumer.

The company has presence in Asia-Pacific, Americas, Europe and Middle East and Africa.

PUMA SE

PUMA SE was founded in the year 1948, headquarter in Herzogenaurach, Germany. The company provides wide product portfolio of sports apparel, footwear and accessories for men, women and kids of all ages. The company offers product categories shoes, clothing, accessories, sports of which shoes is the market focused category. The subsidiaries of the company are Austria PUMA Dassler GmbH (Austria), PUMA United Kingdom Ltd. (U.K.), PUMA Italia S.r.l (Italy), PUMA Retail AG (Switzerland), PUMA Sports Argentina S.A (Argentina), PUMA Sports Ltda. (Brazil), PUMA CHILE SPA (Chile), Cobra Golf Incorporated (U.S.) and others.

For instance,

  • In February 2021, PUMA SE has launched velocity nitro series running shoes. The key feature incorporated in these shoe was supercritical foam technology which aimed to achieve max velocity, grip, stability and other. Five new key styles introduced were deviate, deviate elite, velocity, liberate, and eternity. Through this company strengthened its running shoe portfolio and offered quality products for consumer.

The company has presence across Asia-Pacific, North America, South America, Europe and Middle East and Africa.