Germany Running Footwear Market, By Type (Neutral Shoes, Motion Control Shoes, Stability Shoes, Cushioning Shoes, Racing Flats, Running Spikes, Minimalist Running Shoes, Trail Shoes, Others), Waterproofing Type (Waterproof, Water Repellent), Product Type (With Laces, Lace Less Shoes), Price Range (Economy, Medium, And High), Distribution Channel (Supermarkets/Hypermarkets, Multi-Brand Stores, E-Commerce, Others), Application (Professional User, Recreational User), End-User (Men, Women, Kids) Industry Trends and Forecast to 2029.
Market Analysis and Insights: Germany Running Footwear Market
Footwear is garments or apparel used to cover feet, such as shoes, sandals, and boots. The purpose of footwear is to protect against the adversities of the environment. The footwear is made for men, women, and children end-users. It is of various types, including shoes, sandals, loafers, sneakers, slippers, and boots. It is now a basic need for human life. Footwear should be comfortable to the feet, as ill-fitted footwear can cause injury and sprain to feet and legs. Athletic shoes are running shoes used majorly to play sports, including basketball, golf, tennis, boxing, and many others, running, walking, and exercising. Various materials are also used to make running footwear, such as leather, rubber, cotton, polyester, and plastic.
The running footwear is essential as footwear has become a necessity for humans. The demand for footwear may fluctuate little, but it will never get over. Data Bridge Market Research analyses that the running footwear market will grow at a CAGR of 6.1% during the forecast period of 2022 to 2029.
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2019 - 2014)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Neutral Shoes, Motion Control Shoes, Stability Shoes, Cushioning Shoes, Racing Flats, Running Spikes, Minimalist Running Shoes, Trail Shoes, Others), Waterproofing Type (Waterproof, Water Repellent), Product Type (With Laces, Lace Less Shoes), Price Range (Economy, Medium, And High), Distribution Channel (Supermarkets/Hypermarkets, Multi-Brand Stores, E-Commerce, Others), Application (Professional User, Recreational User), End-User (Men, Women, Kids)
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Countries Covered
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Germany
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Market Players Covered
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ADIDAS AG, (Germany), Nike, Inc., (U.S.), PUMA SE, (Germany), Saucony, (U.S.), ASICS Corporation, (Japan), DECKERS BRANDS, (U.S.), True Motion Running GmbH, (Germany), Brooks Sports, Inc, (U.S.), New Balance, (U.S.), Altra Running, (U.S.), Lunge Lauf- und Sportschuhe GmbH, (Germany)
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Running Footwear Market Dynamics
Drivers
- Growth in Health Consciousness Among All Generations
Increased health awareness among all generation of the population has a positive impact, rising health & fitness consciousness indicates that consumers are concerned about their health and are more likely to improve their health standards this hoisting the market growth.
- Rise of E-Commerce and Other Online Platforms
E-commerce or electronic commerce is the process of buying and selling of goods and services over an electronic network or online platform, primarily the internet. In recent times, widespread use of E-commerce platforms such as Amazon, Flipkart and eBay is providing is one of the huge factor for the market growth.
- Surge in demand for Stylish, Comfortable and Custom Build Running Footwear
Style and comfort are almost the trade hallmark for the success of the footwear brand this factor is expected to drive the market growth.
- Increasing Sporting Culture Scenario and Events in the Region
Sporting events and sporting culture has a direct correlation with running shoe footwear market, as athletes participating in such events will require running shoes for warming up, practice and others. Moreover, the new generation of German society will also get inspired by the sporting culture which will directly boost the sales of running footwear market.
Opportunities
- Growth in Cross fit Sports and Trail-Running Sport
Cross-Fit sports is recognized and considered among one of the fastest growing high-intensity functional training sports in the world. CrossFit is a form of high-intensity interval training which can be compared with other high-intensity exercises this growing popularity is expected to provide lucrative opportunity for the growth of the market.
Also, the launch of various footwear products will provide beneficial opportunities for the running footwear market in the forecast period of 2022-2029.
Restraints/Challenges
However, the fake/counterfeit of branded footwear is the biggest concern for the companies across the globe, Europe and Germany hence is a major restraining factor for the footwear market in Germany. Increasing emission of hazardous gases during the manufacturing of footwear which is causing environmental hazards such as rising health concerns and global greenhouse gas emissions and supply chains issues till 2023 due to port congestion, labor shortages and COVID-19 will hamper the manufacturer’s product rate and will hamper the growth of Germany running footwear market.
Covid-19 Impact on Running Footwear Market
The COVID-19 has negatively affected the market. Lockdowns and isolation during pandemics complicate the supply chain management of the footwear raw materials and products. This has led to shortage of footwear products in market. Consumer demand for running footwear products spiked post COVID as slight relaxation where given, but the shortage of raw materials for fabrication and manufacturing continued to stay due port congestion and labor shortages due to heavy impact of the COVID-19.
Recent Development
- In December 2021, ADIDAS AG has introduced Ultraboost 22 for Female Runners. The key feature of this footwear was the usage of a continental natural rubber outsole and an upper made with yarn containing 50% parley ocean plastic.
Germany Running Footwear Market Scope
The running footwear market is segmented on the basis of type, waterproofing type product type, application, price range, distribution channel, and end-user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Neutral Shoes
- Motion Control Shoes
- Stability Shoes
- Cushioning Shoes
- Racing Flats
- Running Spikes
- Minimalist Running Shoes
- Trail Shoes
- Others
On the basis of type, Germany running footwear market is segmented into neutral shoes, motion control shoes, stability shoes, cushioning shoes, racing flats, running spikes, minimalist running shoes, trail shoes, others.
Waterproofing
- Waterproof
- Water Repellent
On the basis of waterproofing type, Germany running footwear market is segmented into waterproof and water repellent.
Product Type
- With Laces
- Laceless Shoes
On the basis of product type, the Germany running footwear market is segmented into with laces and lace less shoes
Price Range
- Economy
- Medium
- High
On the basis of price range, the Germany running footwear market is segmented into economy, medium, and high.
Distribution Channel
- Supermarkets/Hypermarkets
- Multi-Brand Stores
- E-Commerce
- Others
On the basis of distribution channel, the Germany running footwear market is segmented into supermarkets/hypermarkets, multi-brand stores, e-commerce, others.
Application
- Professional User
- Recreational User
On the basis of application, the Germany running footwear market is segmented into with professional user and recreational user.
End-User
- Men
- Women
- Kids
On the basis of end-user, the Germany running footwear market is segmented into men, women and kids.
Germany Running Footwear Market Regional Analysis/Insights
The running footwear market is analysed and market size insights and trends are provided by country, type, waterproofing type, product type, application, price range, distribution channel, and end-user as referenced above.
The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Competitive Landscape and Running Footwear Market Share Analysis
The running footwear market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to running footwear market.
Some of the major players operating in the running footwear market are ADIDAS AG, Nike, Inc., PUMA SE, Saucony, ASICS Corporation, DECKERS BRANDS, True Motion Running GmbH, Brooks Sports, Inc, New Balance, Altra Running, Lunge Lauf- und Sportschuhe GmbH among others.
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