“Global Trail Running Shoes Market to reach a market value of USD 10.6 Billion by 2031 growing at a CAGR of 5.2%”
The Global Trail Running Shoes Market size is expected to reach $10.6 billion by 2031, rising at a market growth of 5.2% CAGR during the forecast period. In the year 2023, the market attained a volume of 72,698.7 thousand units, experiencing a growth of 21.3% (2020-2023).
Europe is renowned for its diverse and scenic landscapes, from the Alps and Pyrenees to the vast forests and coastal trails, which attract trail runners of all skill levels. The popularity of trail running events, such as ultramarathons and mountain races, has surged in recent years, further boosting the demand for high-quality trail running shoes. Hence, the Europe segment acquired 31% revenue share in the market in 2023. In terms of volume, the region is expected to utilize 33,386.8 thousand units of trail running shoes by the year 2031. European consumers strongly emphasize sustainability and environmentally friendly products, prompting manufacturers to innovate and produce eco-friendly trail running shoes.
Trail running has emerged as one of the most popular outdoor activities, combining the benefits of running with the scenic and often challenging environments of natural trails. This activity is appealing to a significant number of individuals due to its potential to provide physical exercise and mental health benefits, including enhanced mood and stress reduction. The increased popularity of trail running is reflected in the participation statistics. Hence, the growing participation in outdoor activities is a major factor propelling the growth of the market.
Furthermore, Manufacturers continually innovate to improve trail running shoes' performance, durability, and comfort, making them more appealing to consumers. These technological enhancements address the specific needs and challenges faced by trail runners. One of the key technological advancements in trail running shoes is the development of enhanced grip and traction. Trail running often involves navigating uneven, slippery, and rugged terrains, making traction a critical feature. Thus, the continuous evolution of shoe technology not only attracts seasoned trail runners but encourages new participants to explore trail running, contributing to the expanding market.
However, the market has been dominated by a multitude of well-established brands for an extended period, resulting in a significant barrier to entry for new companies. These established brands, such as Salomon, Hoka One, and Merrell, have built strong reputations and loyal customer bases. Their extensive product lines, marketing strategies, and established distribution channels give them a significant advantage. In addition to these established actors, the market is constantly being disrupted by new entrants who are attempting to establish a niche. Hence, the high level of competition in the market presents challenges.
Based on type, the market is characterized into light trail running shoes, rugged trail running shoes, off trail running shoes, and others. The light trail running shoes segment garnered 41% revenue share in the market in 2023. In terms of volume, 50,118.1 thousand units of light trail running shoes are expected to be utilized by the year 2031. One of the key factors that is driving the expansion of the light trail running shoe sector is the increasing popularity of trail running among athletes who participate in trail running for leisure purposes.
On the basis of gender, the market is classified into unisex, male, and female. The female segment recorded 32% revenue share in the market in 2023. In terms of volume, it is expected that 39,306.9 thousand units of trail running shoes for female would be utilized by the year 2031. The promotion of outdoor activities among women and a shift toward gender inclusivity are the primary factors driving this growth. In response, manufacturers have developed trail running shoes that are specifically intended to fulfill the specific anatomical requirements of female runners. These shoes offer a more comfortable fit, designs that are appealing, and a better fit overall.
By sales channel, the market is divided into online and offline. The offline segment witnessed 62% revenue share in the market in 2023. In terms of volume, 67,196.5 thousand units of trail running shoes are expected to be sold through offline channel by the year 2031. One of the key advantages of the offline segment is the ability for consumers to try on shoes and ensure the proper fit and comfort before making a purchase. Trail running shoes, which need support, durability, and protection on rugged terrains, often require a precise fit that consumers prefer to assess in person.
Free Valuable Insights: Global Trail Running Shoes Market size to reach USD 10.6 Billion by 2031
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North America segment procured 36% revenue share in the market in 2023. In terms of volume, 41,036.5 thousand units of trail running shoes in this region by the year 2031. The region boasts a well-established culture of outdoor activities and adventure sports, with trail running being a popular pursuit among fitness enthusiasts and athletes alike. The presence of vast natural landscapes, including national parks and dedicated trail systems, provides ample opportunities for trail running, further fueling the demand for specialized footwear.
| Report Attribute | Details |
|---|---|
| Market size value in 2023 | USD 7.2 Billion |
| Market size forecast in 2031 | USD 10.6 Billion |
| Base Year | 2023 |
| Historical Period | 2020 to 2022 |
| Forecast Period | 2024 to 2031 |
| Revenue Growth Rate | CAGR of 5.2% from 2024 to 2031 |
| Quantitative Data | Volume in Thousand units, Revenue in USD Billion, and CAGR from 2024 to 2031 |
| Number of Pages | 317 |
| Number of Tables | 690 |
| Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives |
| Segments covered | Sales Channel, Gender, Type, Region |
| Country scope |
|
| Companies Included | New Balance Athletics, Inc., SKECHERS USA, Inc., Nike, Inc., Reebok International Ltd. (Authentic Brands Group LLC), Adidas AG, La Sportiva S.p.A., PUMA SE (Groupe Artémis S.A.), Wolverine World Wide, Inc., Altra Running (VF Corporation), Salomon SAS (Amer Sports Corporation) |
By Sales Channel (Volume, Thousand Units, USD Billion, 2020-2031)
By Gender (Volume, Thousand Units, USD Billion, 2020-2031)
By Type (Volume, Thousand Units, USD Billion, 2020-2031)
By Geography (Volume, Thousand Units, USD Billion, 2020-2031)
This Market size is expected to reach $10.6 billion by 2031.
Increasing Participation in Outdoor Activities are driving the Market in coming years, however, High Competition in The Trail Running Shoes Market restraints the growth of the Market.
New Balance Athletics, Inc., SKECHERS USA, Inc., Nike, Inc., Reebok International Ltd. (Authentic Brands Group LLC), Adidas AG, La Sportiva S.p.A., PUMA SE (Groupe Artémis S.A.), Wolverine World Wide, Inc., Altra Running (VF Corporation), Salomon SAS (Amer Sports Corporation)
In the year 2023, the market attained a volume of 72,698.7 thousand units, experiencing a growth of 21.3% (2020-2023).
The Male segment is leading the Market by Gender in 2023; thereby, achieving a market value of $5.0 billion by 2031.
The North America region dominated the Market by Region in 2023; thereby, achieving a market value of $3.7 billion by 2031.
Our team of dedicated experts can provide you with attractive expansion opportunities for your business.
Unique Offerings 