Running Apparel and Footwear Market in the U.S. 2015-2019 with Adidas, ASICS, Nike, Puma & Skecher Dominating
DUBLIN, Oct. 01 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/wnhxxp/running_apparel) has announced the addition of the "Running Apparel and Footwear Market in the US 2015-2019" report to their offering.
The running apparel and footwear market in the US to grow at a CAGR of 5.92% in terms of revenue over the period 2014-2019.
Growing awareness of health and fitness worldwide has increased the popularity of running as it is considered one of the best activities to enhance physical fitness. Marathons are also increasingly popular, with participation not restricted to athletes alone. The running apparel and footwear market caters to the demand generated by participation in running related events. Active consumers focus on purchasing technologically advanced apparel manufactured from lightweight and breathable fabrics. They also show a high inclination toward products with a casual and fashionable appearance. As a result, leading sports equipment manufacturers have begun developing running apparel and footwear that are stylish as well as functional.
The rise in demand for cost-effective and high-quality products that can improve the running skills of the consumer is encouraging market players to offer advanced and comfortable running products. For this reason, the focus on R&D has increased in the industry, and leading players are launching products with advanced technologies, which can improve the overall running experience.
According to the report, Participation in various fitness activities, such as running and jogging, has increased along with the rise in the number of running events, such as marathons, half marathons, and triathlons, being organized throughout the country. The rise in the number of female participants is also helpful in propelling the growth of the running apparel and footwear market.
Further, the report states that the market is highly fragmented with the presence of several vendors. Leading vendors, such as Nike, Adidas, Puma, and ASICS, face increased competition from vendors offering low-cost products. Vendors are also witnessing a decline in their profit margins owing to the rising prices of raw materials and fluctuating labor costs.
Key Vendors
- Adidas
- ASICS
- Nike
- Puma
- Skechers
Other Prominent Vendors
- Brooks
- Columbia Sportswear
- Eddie Bauer
- Gap
- Hanes
- New Balance
- Ralph Lauren
- Under Armour
- VF
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
05. Introduction
06. Global Sports Apparel and Footwear Market
07. Global Running Apparel and Footwear Market
08. Market Landscape
09. Market Segmentation by Product
10. Market Segmentation by Distribution
11. Buying Criteria
12. Market Growth Drivers
13. Drivers and their Impact
14. Market Challenges
15. Impact of Drivers and Challenges
16. Market Trends
17. Trends and their Impact
18. Vendor Landscape
19. Key Vendor Analysis
20. Other Prominent Vendors
For more information visit http://www.researchandmarkets.com/research/wnhxxp/running_apparel
Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net
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