Global Running Footwear Market Research Report 2017 to 2021 provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure of the Running Footwear Market.
Companies Mentioned are adidas, ASICS, New Balance, Nike, SKECHERS USA, Amer Sports, AVIA, Brooks Sports, British Knights, Columbia Sportswear, Eddie Bauer, Kering, NEWTON RUNNING, Nfinity, The Rockport Group, SAUCONY, Under Armour, and VF Corporation.
The global Running Footwear market consists of different international, regional, and local vendors. The market competition is foreseen to grow higher with the rise in technological innovation and M&A activities in the future. Moreover, many local and regional vendors are offering specific application products for varied end-users. The new vendor entrants in the market are finding it hard to compete with the international vendors based on quality, reliability, and innovations in technology.
Major points covered in Global Running Footwear Market 2017 Research are:-
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global Running Footwear market?
- What are the key market trends impacting the growth of the global Running Footwear market?
- What are the challenges to market growth?
- Who are the key vendors in the global Running Footwear market?
- What are the market opportunities and threats faced by the vendors in the global Running Footwear market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global Running Footwear market?
This independent 84 page report guarantees you will remain better informed than your competition. With over 160 tables and figures examining the Running Footwear market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2021.
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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Running Footwear in these regions, from 2012 to 2021 (forecast), covering Americas, APAC and EMEA.
MIR Announces the Publication of its Research Report – Global Running Footwear Market 2017-2021
MIR recognizes the following companies as the key players in the global running footwear market: adidas, ASICS, New Balance, Nike, and SKECHERS USA.
Other Prominent Vendors in the market are: Amer Sports, AVIA, Brooks Sports, British Knights, Columbia Sportswear, Eddie Bauer, Kering, NEWTON RUNNING, Nfinity, The Rockport Group, SAUCONY, Under Armour, and VF Corporation.
Commenting on the report, an analyst from MIR’s team said: “The latest trend gaining momentum in the market is Growing adoption of shoe knitting technology. Manufacturers of running footwear adopt and implement upgraded features in their products, which helps them to differentiate themselves from their competitors. One of the growing trends in this industry is shoe knitting technology, which is also used to manufacture sports shoes. adidas Group employs knitting technology in its Primeknit series, which includes footgear for football, running, basketball, and soccer.”
According to the report, one of the major drivers for this market is High profit margin. Running footwear is more expensive than other regular footwear. These shoes are available in different forms and innovative designs that enhance the performance of any sport. Manufacturers focus on introducing new features in their footgear and make them suitable for sports such as running, tennis, basketball, football, soccer, and other activities. The manufacturers earn high profits from premium-priced running footwear category. This is because although the manufacturing cost of these shoes is less, they are sold at high prices. The sale of running footwear allows producers and marketers to earn high operating margins as part of their total income.
Further, the report states that one of the major factors hindering the growth of this market is High labor cost. Growing labor cost is one of the prominent operational challenges for domestic and international players of the running footwear market. The global players in the market have manufacturing facilities in multiple countries. Therefore, they suffer variations in labor cost in different countries. The Asian countries such as China, Indonesia, Bangladesh, and Vietnam have manufacturing contracts with the global vendors in running footwear market. Labor costs in China have grown rapidly over the past nine to ten years.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
The report provides a basic overview of the Running Footwear industry including definitions, classifications, applications and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and cost structures.
Then, the report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. What’s more, the Running Footwear industry development trends and marketing channels are analyzed.
The research includes historic data from 2012 to 2016 and forecasts until 2021 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Running Footwear on the basis of stating current situation of the industry in 2017 so as to make comprehensive organization and judgment on the competition situation and development trend of Running Footwear Market and assist manufacturers and investment organization to better grasp the development course of Running Footwear Market.