Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global Shock Absorption Running Shoes Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 7.9% during the review period (2022 to 2027).
The increase in the number of trail running events worldwide is likely to drive the demand of shock absorption running shoes market. The rising level of disposable income of people and changing lifestyle are some of the factors driving the shock absorption running shoes market. Other substantial aspects such as the rise in the consciousness about the benefits linked with this product such as reduced stress level and increasing trend of online purchasing will accelerate the market growth rate. Furthermore, upsurge in the strong demand for various end-use industries will positively impact the market’s growth rate. Additionally, increase in safety concerns associated with professional marathons and running will cushion the growth rate of market. Also, increasing urbanization and growing number of involvement of individuals in sports and games will enhance the growth rate of shock absorption running shoes market.
Top Key players in the Shock Absorption Running Shoes Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Shock Absorption Running Shoes Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes Nike , Inc. (NYSE :NKE), ASICS Corporation (Other OTC:ASCCF), New Balance, Brooks, ADIDAS (TLO:ADSG-U.TI), Deckers, Saucony, The North Face, ANTA, Lining, Pearl Izumi, Under Armour, Inc. (NYSE:UA), Topo Athletic, Mizuno Corporation (Tokyo:8022.T), Altra and others.
Industry News:
Adidas released second pair of limited edition Terry Fox running shoes
December 8, 2020: The two organizations announced the collaboration in May with a re-release of the Adidas Orion, the classic, three-stripe runner worn by Fox during his famous marathon journey.
Jan 11 2022:Adidas India introduces glow in the dark running shoes Ultra4D
Sportswear giant Adidas India has introduced the Ultra4D, an evolution of the iconic Ultraboost 4D running shoe. Launching in two new colourways – black and white – with a glow in the dark feature, the latest addition to the franchise combines the recognisable silhouette of the Ultraboost with the data driven 4D midsole.
Shock Absorption Running Shoes Market is segmented based on the type, applications, companies and regions.
By Type, Shock Absorption Running Shoes Market has been segmented into
The end user’s industry application on Shock Absorption Running Shoes Market is,
North America region is predicted to continue a dominant position among other regions worldwide. This is attributable to the increase in the number of marathons and sports related activities will stimulate the growth of shock absorption running shoes market in this region.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 7.9% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Nike , Inc. (NYSE :NKE), ASICS Corporation (Other OTC:ASCCF), New Balance, Brooks, ADIDAS (TLO:ADSG-U.TI), Deckers, Saucony, The North Face, ANTA, Lining, Pearl Izumi, Under Armour, Inc. (NYSE:UA), Topo Athletic, Mizuno Corporation (Tokyo:8022.T), Altra and others. |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 119 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Shock Absorption Running Shoes Market is studied from 2017 - 2027.
What is the growth rate of Shock Absorption Running Shoes Market?
The Shock Absorption Running Shoes Market is growing at a CAGR of 7.9% over the next 5 years.
Who are the leading key players in Shock Absorption Running Shoes Market?
Nike , Inc. (NYSE :NKE), ASICS Corporation (Other OTC:ASCCF), New Balance, Brooks, ADIDAS (TLO:ADSG-U.TI), Deckers, Saucony, The North Face, ANTA, Lining, Pearl Izumi, Under Armour, Inc. (NYSE:UA), Topo Athletic, Mizuno Corporation (Tokyo:8022.T), Altra and others.
What regions regions does this Shock Absorption Running Shoes Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Shock Absorption Running Shoes Market?
Men Shock Absorption Running Shoes, Women Shock Absorption Running Shoes
What are the significant Applications of Shock Absorption Running Shoes Market?
Daily Life Running, Tournament, Outdoor Enthusiasts
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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