Global Trail Running Shoes Market - 2023-2030

Overview

Global Trail Running Shoes Market reached US$ 7.2 billion in 2022 and is expected to reach US$ 11.0 billion by 2030, growing with a CAGR of 5.5% during the forecast period 2023-2030.

A number of important factors have contributed to the significant expansion witnessed in the trail running shoe industry globally. The need for specialized footwear has increased dramatically due to the rise in outdoor fitness activities and the growing appeal of trail running as a recreational activity. In order to satisfy these objectives, manufacturers constantly innovate, emphasizing lightweight designs appropriate for a range of terra-ins, traction, durability and stability.

Outdoor activities, fitness and health consciousness are highly valued by American customers. The growing market for high-performance trail running shoes has compelled shoe manufacturers to introduce footwear with modern technologies and tailored designs for various terrain types. For example, the Nike Zegama 2 and the Nike Pegasus Trail 5, are two new trail running shoes that Nike said would be available in stores in 2024 in December 2023. Consequently, U.S. is fueling the growth of the regional market, which in turn is propelling the global trail running shoe industry.

Dynamics

Growing Companies Investments and Product Launches

Innovative features and technology are introduced into trail running shoes by companies that spend in research and development (R&D). Better control durability, cushioning and lightweight materials are just a few of the developments that make better-performing footwear options appealing to consumers.

Customers looking for higher-quality shoes for better trail running experiences are drawn to product introductions with improved performance capabilities. In order to accommodate varying trail conditions and runner preferences, new designs, materials and functionality are tailored to particular terrains.

For instance, on April 25, 2023, the lightest-ever trail running shoe, the MTL Skyfire 2, is the next elite invention from the Merrell Test Lab (MTL) and was unveiled by Merrell, the top hike and adventure footwear brand in the world. Customers all across the world can now purchase the sneaker.

Market Expansion in Emerging Economies

Growing middle classes with increasing disposable incomes are common in emerging economies. Growing numbers of people are moving into the middle class and are looking for leisure activities and healthier lifestyles. A new market for trail running shoes is created when trail running becomes a desirable alternative.

Growing Urbanization: As a result of urbanization, people's lifestyles in emerging countries are changing, with a rise in fitness and outdoor pursuits among them. People demand for recreational opportunities as cities grow and develop, which increases the demand for specialized footwear like trail running shoes.

For instance, in 2020, there were various difficulties facing the European hiking and trail footwear market. Among the nations most impacted in the area are Spain, UK, France, Italy and Russia. The majority of the region's governments implemented lockdowns, which are still in place in full or in part. Additionally, the governments imposed travel restrictions on tourism sites, such as trekking and trailheads. In 2020, these variables had a negative impact on Europe's demand for hiking and trail shoes.

Seasonal Demand and Weather Conditions

Weather and seasonal fluctuations have a big impact on trial running. Adverse weather conditions such as snow, persistent rain, intense heat or low temperatures may discourage people from participating in trail running activities. As a result, the demand for specialized trail running shoes is diminished by the decreased frequency of trail running throughout particular seasons.

Different climates and seasons are experienced in different geographic locations. Trail running shoe demand may reduce dramatically or be restricted to a certain period of time in regions where specific weather conditions, like severe rainfall or snowfall, are prevalent for an extended length of time.

Harnessing the Calming Power of Trail Running for Shoe

More people could participate part in trail running events, group runs or solo drives if a campaign emphasizing the calming benefits of the sport is launched. As more people participate in the activity, there is a greater need for trail running shoes as people look for shoes that fit their newfound interest. Promoting trail running's mental health advantages engages not only seasoned runners but also people searching for stress-reduction and mental health enhancement techniques. Sales of trail running shoes rise as a result of this growing consumer base's demand for specialized footwear.

For instance, on August 21, 2023, the new trail running commercial from ASICS emphasizes the mental relaxation benefits of trail running. The ad introduces the newest line of trail running footwear, with a focus on the FUJI SPEED 2, which has undergone significant transforms since its 2022 debut.

Segment Analysis

The global trail running shoes market is segmented based on type, distribution channel, gender, size, shoe outer material and region.

Owing to Comfort and Flexibility, Light Trail Running Shoes Market is Growing

A wider range of runners, including casual and recreational runners, are served by light trail running shoes. On well-kept trails, their lightweight design and versatility appeal to people who value comfort, speed and agility.

The shoes are appropriate for a variety of runners because they frequently place an emphasis on comfort and flexibility. More people are taking up trail running because of the lightweight materials and structure, which make running more comfortable and natural. Therefore, the light trail running shoes dominates the global trail running shoes market.

Geographical Penetration

Innovation and Technology Leadership Drives the Regional Growth

In the sports footwear sector, North American manufacturers and brands are renowned for their inventiveness and technological prowess. Companies make significant investments in R&D to produce premium, function-focused trail running footwear. The region has a strong marketing infrastructure that works well to promote sports and outdoor activities. The raises awareness of trail running and increases its appeal, which in turn motivates more people to purchase specialized footwear.

For instance, on May 25, 2023, the lightest-ever trail running shoe, the MTL Skyfire 2, is the next elite invention from the Merrell Test Lab (MTL) and was unveiled by Merrell, the top hike and adventure footwear brand in the world. Customers all across the world can now purchase the sneaker. The MTL Skyfire 2 boasts exceptional versatility, making it the lightest trail running shoe available on the market. Therefore, North America holds for the more than 1/3rd of the global market share.

COVID-19 Impact Analysis

Trail running and other outdoor sports were restricted during the early stages of the epidemic due to lockdowns, limits on outdoor activities and social distancing measures. The preference for indoor or solo exercise caused a brief drop in the market for trail running shoes.

Due to lockdowns that resulted in lower foot traffic or shutdown of physical retail shops, there was a significant trend towards online shopping. Trail running shoe purchases are now mostly made online, which has forced merchants and companies to upgrade their digital marketing tactics and expand their online presence.

During the epidemic, there was a greater emphasis on exercise and health despite early setbacks. Trail jogging and other outdoor exercises became more popular as regulations loosened and people looked for safe outdoor sports. The demand for trail running shoes increased as a result of this increase in interest.

Russia-Ukraine War Impact Analysis

The global supply chain for materials required to make footwear, particularly trail running shoes, involves both Russia and Ukraine. Production schedules can be impacted by any interruptions in the flow of raw materials, such as rubber, fabrics or specialty components, which are imported from these nations. It could result in shortages or delays in the production of trail running shoes.

Production costs may be impacted by regional instability due to trade disruptions, economic penalties and currency volatility. Trail running shoe companies may see greater manufacturing costs as a result of the war, which could result in higher prices for customers, if it causes higher tariffs, transportation issues or currency devaluation.

Consumer confidence may be impacted by market uncertainties brought on by geopolitical tensions and conflicts. Customers may delay making discretionary purchases as a result of this uncertainty, which could have an impact on the trends in trail running shoe purchases.

By Type

• Light Trail Running Shoes
• Rugged Trail Running Shoes
• Off Trail Running Shoes

By Distribution Channel

• E-Commerce
• Retail Stores

By Gender

• Male
• Female
• Unisex
• Kids

By Size

• Less than 6 Inch
• 6-8 Inch
• 9-10 Inch
• 11-12 Inch
• More than 12 Inch

By Shoe Outer Material

• Canvas
• Faux Leather
• Leather
• Mesh
• Natural Rubber
• Nylon
• Polyester

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Rest of Europe
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
• Middle East and Africa

Key Developments

• On April 25, 2023, the lightest-ever trail running shoe, the MTL Skyfire 2, is the next elite invention from the Merrell Test Lab (MTL) and was unveiled by Merrell, the top hike and adventure footwear brand in the world. Customers all across the world can now purchase the sneaker.
• On August 21, 2023, the new trail running commercial from ASICS emphasizes the mental relaxation benefits of trail running. The ad introduces the newest line of trail running footwear, with a focus on the FUJI SPEED 2, which has undergone significant transforms since its 2022 debut.
• In December 2023, the Nike Zegama 2 and the Nike Pegasus Trail 5, are two new trail running shoes that Nike said would be available in stores in 2024.

Competitive Landscape

The major global players in the market include: ASICS Group, Nike Inc., New Balance Athletics, Inc., VF Corporation, Brooks Sports, Inc., Adidas AG, Skechers U.S.A, Inc., Amer Sports, REI Co-op and iRun Far.

Why Purchase the Report?

• To visualize the global trail running shoes market segmentation based on type, distribution channel, gender, size, shoe outer material and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of trail running shoes market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Type mapping available as excel consisting of key products of all the major players.

The global trail running shoes market report would provide approximately 77 tables, 82 figures and 215 Pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies