The global shock absorption running shoes market is expected to grow during the forecast period due to factors such as rise in the number of trails running event, and the growing awareness regarding the benefits associated with this product, such as reducing stress levels, etc. These factors will accelerate the market during the forecast period.
Shock absorption running shoes are designed with a mechanism that helps to absorb the shock of each step, thereby lowering the stress placed on the foot and ankle. This is advantageous for those who experience chronic pain in these areas. This is expected to encourage the market growth throughout the projection period.
Shock absorption running shoes are technologically sound which helps reduce the impact on the feet, knees, hips, ankles, and back, stopping numerous injury-causing factors in their tracks. As a result, it gives a comfortable and fluid running stride while minimizing strain on the body.
Moreover, the
Additionally, new product launches and technological innovation are anticipated to contribute to the market growth during the projection period. For instances, in 2022, Huntsman, collaborated with Joe Nimble and Footwear Innovation Lab GmbH over a high-performance running shoe. Also, Joe Nimble’s Ultreya launched new shoe
In December 2021, consumer spending on footwear increased by 20.5%, compared to December 2020, according to the Footwear Distribution and Retailers of America.
Increasing Participation of Outdoor Activities Fuel the Market Growth
According to the Outdoor Foundation's 2022, more than half (54%) of Americans aged six and older engaged in at least one outdoor activity in 2021, and the number of people participating in outdoor recreation increased by 2.2 percent to 164.2 million
Rising Awareness about the Health Benefits Boosting the Market Growth
The growing awareness about the health benefits of the shock absorption running shoes will lead to the market growth, owing to the
Market Segmentation
The shock absorption running shoes market is segmented based on product type, application, and distribution channel. Based on product type, the market is divided into men shock absorption running shoes and women shock absorption running shoes. Based on application, the market is divided into daily life running, tournament, and outdoor enthusiasts. Based on distribution channels, the market is fragmented into supermarkets/hypermarkets, multi-branded retailers, exclusive retailers, specialty retailers, online, and others (direct sales, distributors & dealers.).
Company Profiles
Nike Inc., ASICS Corporation, New Balance Athletics Inc, Brooks Sports, Inc., Adidas AG, Deckers Outdoor Corporation, Wolverine World Wide Inc, The North Face,