Trail Running Shoes Market Size, Growth, Share and Industry Analysis, By Type (Barefoot Shoes, Low Profile Shoes, Traditional Shoes, Maximalist Shoes, and Others), By Application (Men’s and Women's Trail Running Shoes), Regional Insights, and Forecast To 2031

Updated On: 08 April 2024

Trail Running Shoes Market Report Overview

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The global trail running shoes market size was USD 3283 million in 2021 and is expected to touch USD 7000.36 million by 2031, exhibiting a CAGR of 7.8% during the forecast period.

Trail running shoes are footwear meant for off-road journeys and include various design elements. These running shoes involve walking or running on diverse terrains in outdoor environments, thus using the benefits of the geographical features offered by each region, such as deserts and mountains. Trailing shoes are made for running on trails as these shoes help trail runners while running to avoid potential injuries and exhaustion. Trail running is different from road running; trail shoes' tops are a complicated combination of materials to produce asymmetric shapes and patterns.

Trail shoes are made up keeping in mind natural hazards such as holes, rough terrain, and other environmental obstacles. These shoes have thick soles, deep feet, and heavy upper shoes. Trail shoes are recommended for unpaved and rocky paths. The market is anticipated to boost the growth of shoes over the forecast period owing to these various features. Technological advancements, the resumption of industrial activities, and the post-pandemic boom are the major factors propelling market growth.

COVID-19 Impact: Supply Chain Shutdown and Low Demand Impeded Market Growth

The market need for trail shoes is expected to increase during the forecast period. The global COVID-19 pandemic was unprecedented & staggering, with trail running shoes experiencing lower-than-anticipated demand across regions compared to pre-pandemic times. The spike in CAGR is attributable to trail running shoes market growth and demand returning to pre-pandemic levels after two years.

The supply chain shutdown and low demand for trail running shoes during the pandemic impeded the market growth for the product, leading to losses for investors and manufacturers worldwide. The significant factors restraining the market share were rising inflation, decreasing consumer income, and the closure of industrial activities in developing countries in the Asia Pacific region. Thus, the market recorded negative sales during the last two years. However, the market will witness a significant surge in production post the pandemic.  

LATEST TRENDS

"Rising Popularity of Trail Running to Drive Market Growth"

Trail running is becoming increasingly popular with a combination of stamina and footwork, transporting the runner into nature. The growing popularity of leisure and outdoor activities will propel the market share and growth of the product. Additionally, interest in trail running is rising amongst youth significantly. Moreover, the demand for trail running shoes has grown due to increasing women's sports participation, which drives the need for trail shoes.

Trail Running Shoes Market Segmentation

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• By Type

The market is categorized based on types of barefoot shoes, low profile shoes, traditional shoes, maximalist shoes, and others.

• By Application

The market is subcategorized based on other applications into men's and women's trail running shoes.

DRIVING FACTORS

"Rising Popularity of Sports Events to Boost Market Sales"

The growing interest of individuals in developed countries for multi-day trail running events will lead the trail running shoes market growth. Promoting these activities by the government in the trail-running field in developed regions is the primary factor leading to the product's market share and industrial development. The organization of trail running events in clubs, sports organizations, and universities will thus lead to sales and revenues for the product. 

"Innovative Product Designs and Features to Lead Market Demand"

Trail running shoes provide foot comfort with specific trail designs and innovative product features aimed at becoming preferable to ordinary running shoes amongst consumers. Additionally, these shoes can tolerate rough and coarse terrain and reduce the risk of sprained or injured ankles. The global shoe market is expected to grow substantially due to all these features and characteristics offered by manufacturers.

RESTRAINING FACTORS

"Growing Inflation and Manufacturing Prices to Restrain Growth"

The growing manufacturing and industrial prices to produce trailing shoes will affect the sales and revenues of the product as tensions in the European region continue to grow. The resulting inflation, decreased consumer income, and the lowered economic capacities of manufacturers and industrial players worldwide are the significant factors reducing the market growth and share of the product. Thus, the rising prices will prohibit consumers from purchasing the product in developing regions such as the Asia Pacific.

Trail Running Shoes Market Regional Insights

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"North America to Lead Market Share Owing to Major Industrial Presence"

The North American region will lead the trail running shoes market share owing to the presence of major industrial manufacturers and players in the area. An increase in innovations and productions, along with mergers, collaborations, partnerships, and launches, will be the significant factors propelling the market share, leading to profits and revenues for investors and leading global players. The U.S. will show the production and supply chain with the maximum market share. Thus, the region will witness a surge in sales and demand.

KEY INDUSTRIAL PLAYERS

"Developed Countries to Lead Market Demand and Production"

The report has analyzed various global market players in the industry, and the information has been published after analysis of trends, key technological developments, and innovations. The report also includes research on companies, technical outcomes, and emerging industries' impact and risks. After a comprehensive analysis, the study considers all the points, thus generating future possibilities for the trail shoes enterprise. Therefore, the factors specified in the report are subject to change as the market dynamics fluctuate. Europe will lead the significant industrial share as leading manufacturers are based in the area.

List of Market Players Profiled

• Brooks (U.S.)
• Salomon (France)
• New Balance (U.S.)
• Saucony (U.S.)
• Adidas (Germany)
• Hoka One One (U.S.)
• La Sportiva (Italy)
• ASICS (Japan)
• SCARPA (Italy)
• Tecnica (Italy)
• Altra (U.S.)
• Vasque (U.S.)
• The North Face (U.S.)
• Columbia Montrail (U.S.)
• Nike (U.S.)
• LOWA (U.S.)
• Pearl Izumi (U.S.)
• Under Armor (U.S.)
• Mizuno (Japan)
• Puma (Germany)

INDUSTRY DEVELOPMENT

"October 2022: "The leading outerwear and running shoe manufacturer, Hoka One One, has launched its latest shoe, the Mafate-OG. With this development, the brand has supplied a consistent roll-out of trail footwear designed to withstand environmental elements and act as a supportive silhouette for outdoor travel. This new launch will significantly benefit the company's market share and growth, leading to significant profits and revenues.

REPORT COVERAGE 

The report has examined elements that will affect the demand & supply and estimate forces for the forecast period. After thoroughly evaluating the industrial factors, the report provides an extensive, comprehensive SWOT analysis and estimates all the factors mentioned, taken into consideration after thorough research. The report also includes information on segmentation, market trends and the latest worldwide developments, key industry mergers and acquisitions, and an analysis of the risks of the running shoes industry. The report has listed the worldwide leading manufacturers and the regions that will experience growth during the period.