Training Shoes Market Poised to Reach US$ 356.6 Million by 2032, Reflecting a 3.9% CAGR Growth Trajectory

Training Shoes Market
Training Shoes Market

According to newly released data by Future Market Insights (FMI), the Training Shoes Market is estimated at US$ 243.2 million in 2022 and is projected to reach US$ 356.6 million by 2032, at a CAGR of 3.9% from 2022 to 2032.

As awareness grows regarding the importance of wearing appropriate footwear for sports activities to prevent muscular injuries, sprains, knee pain, and back pain, individuals are also becoming mindful of potential future complications such as hip and lower back issues. Prolonged stress on calf muscles and tendons can lead to ruptures and damage.

The versatility of training footwear has contributed to its increasing popularity among a diverse range of users, including athletes, fitness enthusiasts, gym-goers, and those engaging in light exercise routines. Available in various varieties, training footwear is crafted from high-quality materials such as leather, foam, plastic, and modern chemical additives.

Manufacturers’ use of social media for promotion and marketing has made these training shoes a hot topic. Furthermore, in addition to shops and retail stores, internet marketplaces are a popular platform for purchasing training shoes. Discounts and numerous incentives are available while purchasing products online, attracting more buyers.

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The biggest hindrance to the market is environmental concerns, as these shoes are constructed of synthetic materials and the production process involves the use of chemicals and dyes that are hazardous to the environment. Waste debris and waste water are commonly dumped into rivers, creating pollution and endangering marine life. Many government measures and restrictions are constraining producers and, as a result, the total training shoe industry.

Key Takeaways from the Sneaker Market Study

  • The lace-up training shoes are the popular type among all the different shoes type. The laces are commonly employed by manufacturers as they provide additional support and can be adjusted by loosening or tightening them.
  • PU soles are widely used for Training shoes. PU soles are ideal for the training shoes, as they are comfortable, provide support and also are durable, keeping them in top shape even in strenuous physical activities.
  • Men’s Training shoes are in higher demand than children’s and women’s Training shoes. Men are preferring the training shoes for different physical activities, including workouts and weight training.
  • In the case of regional analysis of regions like the North America and Asia is expected to gain traction in the Training shoes market.

“As people are re-joining gyms and starting to include exercise in their daily life, training shoes are gaining their demand back. People are not aware of using proper shoes of different activities.” Says an FMI Analyst.

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Who is winning?

Leading players operating in the sneaker market

  • Nike Inc.
  • Adidas Group
  • Asics Corp.
  • Puma SE
  • New Balance Inc.
  • Skechers Inc.
  • Reebok
  • Under Armour
  • FILA Ltd.
  • Others

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the sneaker market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the Training Shoes Market by Closure Type (Lace-Up, Elastic, Slip-on, Velcro, Others), Sole Material (Polyurethane, Rubber, Leather, EVA, Others), Outer Material (Leather, Mesh, Synthetic Material, Other), Consumer Orientation (Men, Women, Kids), Sales Channel (Multi-brand Stores, Independent Small Stores, Online Retailers, Others) & Region – Forecast to 2022-2032

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Training Shoes Market by Category

By Closure Type

  • Lace Up
  • Elastic
  • Slip-on
  • Velcro
  • Others

By Sole Material

  • Polyurethane
  • Rubber
  • Leather
  • EVA
  • Others

By Outer Material

  • Leather
  • Mesh
  • Synthetic Material
  • Others

By Consumer Orientation

  • Men
  • Women
  • Kids

By Sales Channel

  • Multi-brand Stores
  • Independent Small Stores
  • Online Retailers
  • Other Sales Channel

By Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • MEA

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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