The global Trail Running Shoes Market size was estimated at USD 8.2 billion in 2023 and is projected to reach USD 12.1 billion in 2030 at a CAGR of 5.8% during the forecast period 2024-2030.
Increasing participation in trail running is anticipated to drive the demand for shoes over the forecast period. Growing female participation is also driving the demand for trail shoes. From 2016 to 2021, female participation in running increased from 20% to 37%. According to the American Trail Running Association, the majority of trail runners are in the age group 40 to 59 years, accounting for 53% of all the participants, while the age group of 20 to 39 years accounted for 36% of the participants in 2020.
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The growing trend of ultra-trail running is driving the demand for gadgets, clothing, safety equipment, and footwear required for trail running. Ultra-trail running witnessed an average year-on-year growth over the past 25 years. The participants belonging to this group are the core consumers of trail running shoes.
Key Findings:
On the basis of Type, the trail running shoe market is segmented into light, rugged, and off-trail running shoes. Light trail running shoes dominated in 2020 and are projected to grow the fastest due to their lightweight design and high traction, making them ideal for fire roads, gravel paths, and rolling hills.
On the basis of distribution channel, the trail running shoe market is segmented into online and offline. The offline distribution channel held the largest market share in 2020, as consumers prefer purchasing footwear and other accessories in-store to ensure the right fit, understand the shoe's mechanism and functionality, and choose from various cushioning options.
The market is also divided into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. The North American region is expected to lead the trail running shoes market share due to the presence of major industrial manufacturers and key players in the area.
Recent Developments
· In March 2022, New Balance announced plans to expand its Green Leaf product line to include select footwear, focusing on high-volume models. This includes specific colorways from two of the brand's popular footwear models, the Fresh Foam 1080v12 and the 574. The initiative targets two of New Balance's most climate-impacting materials, polyester and leather, and aims to support the company's sustainability goals.
· In March 2022, Wolverine, a venerable 139-year-old boot and clothing brand, announced an exciting collaboration with 343 Industries, the creators of the popular Halo franchise. This partnership resulted in the creation of exclusive boots inspired by the iconic character Master Chief.
Competitive Landscape
· NIKE INC.
· ASICS GROUP
· NEW BALANCE ATHLETICS INC.
· SKECHERS U.S.A INC.
· ADIDAS AG
· VF CORPORATION
· SALOMON and more.
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North America to Dominate the Market
North America is projected to be the largest market for trail running shoes, driven by a significant rise in outdoor activities and health-conscious behaviours. The increasing focus on fitness and outdoor adventure is boosting demand for outdoor equipment, activewear, and footwear.
The Trail Running Shoes Market Segmentation:
Based on Type
· Light Trail Running Shoes
· Rugged Trail Running Shoes
· Off Trail Running Shoes
Based on Distribution channel
· Online
· Offline
Based on region:
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
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Frequently Asked Questions
· What are the years considered to study Trail Running Shoes Market intelligence report?
· What is the compound annual growth rate (CAGR) of the Trail Running Shoes Market?
· Which region holds the largest market share in Trail Running Shoes Market?
· Which region is the fastest growing in Trail Running Shoes Market?
· Who are the major players in Trail Running Shoes Market?
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