Dublin, July 06, 2016 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "Global Running Gear Market 2016-2020" report to their offering.
The global running gear market to grow at a CAGR of 7.35% during the period 2016-2020.
Global Running Gear Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The growing awareness of the benefits of being healthy and maintaining physical fitness among the global population is aiding in increasing the popularity of running, as it is considered as one of the best forms of exercise to enhance fitness. Marathons are increasingly becoming popular as well, with participation not restricted to only professional athletes.
A trend boosting market growth is the rise in product innovations. Growing competition among global players has paved the way for the development of innovative running apparel and footwear with a focus on improving user experience. Individuals purchasing running shoes seek cost-effective and high-quality products that can improve their running skills and eventually assist them in running events. Consequently, leading players are launching products with advanced technologies that can improve their overall running experience.
According to the report, a key growth driver is the awareness of the benefits of a physically active lifestyle. The global running gear market is being driven by the increasing awareness of the importance of leading a healthy lifestyle and being physically fit. Hectic work schedules and increasing health issues have been compelling people to opt for running as a form of exercise. As a direct result of this, the market is registering an increase in the demand for apparel, footwear, and gear that people use for running or jogging, and for participating in different running events.
Further, the report states that one challenge that could adversely impact the market is the availability of counterfeit products.
Key vendors
- Adidas
- ASICS
- Nike
- Puma
- Skechers
Other prominent vendors
- Amer Sports
- Brooks Sports
- Columbia Sportswear
- Eddie Bauer
- Fitbit
- Garmin
- Jawbone
- Misfit
- Newton Running
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by product
Part 07: Market segmentation by retail format
Part 08: Geographical segmentation
Part 09: Key leading countries
Part 10: Market drivers
Part 11: Impact of drivers
Part 12: Market challenges
Part 13: Impact of drivers and challenges
Part 14: Market trends
Part 15: Vendor landscape
Part 16: Appendix
For more information visit http://www.researchandmarkets.com/research/dvbrxr/global_running