Market Overview:
The Europe running gear market size reached US$ 12.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 23.6 Billion by 2032, exhibiting a growth rate (CAGR) of 7.4% during 2024-2032.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
US$ 12.1 Billion |
Market Forecast in 2032
|
US$ 23.6 Billion |
Market Growth Rate 2024-2032 |
7.4% |
Running gear refers to various wearables and accessories worn by individuals while running or conducting sports-related activities. They are usually manufactured using water-resistant materials that prevent the skin from getting scratched and minimize the penetration of wind and rain. Some of the commonly used running gear products include running shoes, jackets, belts, gloves and goggles. These products also provide enhanced protection to the wearer from injuries and improve air circulation while running. Various wearables, such as smartwatches and smart patches, are also worn by runners to track their progress and monitor their vitals.
The rising health consciousness among the masses, along with increasing participation in sports-related activities, is one of the key factors driving the growth of the market. The widespread acceptance of running as an effective alternative to maintaining physical well-being has immensely contributed to the increasing popularity of comfortable running gear products. Moreover, significant growth in the e-commerce sector and the proliferation of online retail channels, are creating a positive outlook for the market. Product manufacturers and vendors are offering innovative products with attractive designs and high-quality fibres at affordable price points and convenient delivery services to attract a wider consumer base. Other factors, including increasing product endorsements by celebrities and sports personalities, are anticipated to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe running gear market report, along with forecasts at the regional and country level from 2024-2032. Our report has categorized the market based on product, gender and distribution channel.
Breakup by Product:
- Running Footwear
- Running Apparel
- Running Accessories
- Fitness Trackers
Breakup by Gender:
Breakup by Distribution Channel:
- Specialty and Sports Shops
- Supermarkets and Hypermarkets
- Department and Discount Stores
- Online
- Others
Breakup by Country:
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Billion |
Segment Coverage |
Product, Gender, Distribution Channel, Country |
Countries Covered |
Germany, France, United Kingdom, Italy, Spain, Others |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the Europe running gear market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Europe running gear market?
- What are the key regional markets?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the gender?
- What is the breakup of the market based on the distribution channel?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Europe running gear market and who are the key players?
- What is the degree of competition in the industry?