The Cross Training shoes market, as per newly released data by Future Market Insights (FMI), is estimated at US$ 318 million in 2022 and is projected to reach US$ 439.9 million by 2032, at a CAGR of ~3.3% from 2022 to 2032.
Cross-training enjoys popularity among gym enthusiasts, particularly those aiming for weight loss or athletes engaging in off-season training. Unlike gym shoes, cross-training shoes are designed to be high-performance and versatile, accommodating various workouts and activities associated with cross-training.
The two main factors that athletes include cross training in their routine are off seasons and the weather conditions. To counter the bad weather conditions, manufacturers are developing the shoe for durability as well which is a critical factor.
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These shoes are also getting popularity among gym goers, who are following gym routines and including HIIT and many other active exercise types. As the cross training gyms and training camps are established all over the world, the demand for the cross training shoes is also increasing.
Key manufacturers are producing shoes with number of features and special designs, which will attract customers. The marketing campaigns like collaborations and endorsements are also helping in increasing sales.
The biggest threat to the cross training shoes market is the availability of counterfeit products. The fake manufacturing companies provide low quality shoes in low cost. As the material used for making these shoes is not up to standards, they get damaged if used roughly. These factors affect the genuine manufacturers and decrease the sales.
Key Takeaways from the Cross Training Shoes Market Study
- Elastic closure type of cross training shoes are popular among customers, as they are easy to put on and take off. Also, the elastic band keeps the shoe from moving too much and provides a comfortable fit.
- Resin is commonly used for making soles of cross training shoes. the resin material is durable, flexible and light weight, making it an ideal choice for making an all-purpose gym shoes.
- Cross fit shoes made from mesh are more popular than the synthetic material. The reason being light weight and breathability of mesh is far superior than any other type of material.
- In the case of regional analysis of regions like the North America and Asia is expected to gain traction in the light up shoes market.
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“the cross training shoes are gaining popularity, as more and more people are turning towards cross fit exercises. The demand for the cross training shoes will increase, as the world is going back to the normal routine.” Says an FMI Analyst.
Who is winning?
- Nike Inc.
- New Balance
- Adidas
- ASICS
- Skechers
- Reebok
- ON
- HOKA
- PUMA SE
- Under Armour, Inc.
- GeoX S. p. A
- Crocs
- Vans
- Converse
- Wolverine
- Others
Author
Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.
Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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