Training Shoes Market

Training Shoes Market Outlook (2022 to 2032)

As per newly released data by Future Market Insights (FMI), the Training shoes market is estimated at USD 243.2 million in 2022 and is projected to reach USD 356.6 million by 2032, at a CAGR of 3.9% from 2022 to 2032.

Attribute	Details
Estimated Training Shoe Market Size 2022	USD 243.2 Million
Projected Training Shoes Market (2032) Market Size	USD 356.6 Million
Value CAGR (2022 to 2032)	3.9%

Key Points Covered in Training Shoes Market Survey

• Market estimates and forecast 2016 to 2032
• Key drivers and restraints impacting market growth
• Segment-wise, Country-wise, and Region-wise Analysis
• Competition Mapping and Benchmarking
• Brand share and Market Share Analysis
• Key Product Innovations and Regulatory Climate
• COVID-19 Impact on Training Shoes Market and How to Navigate
• Recommendation on Key Winning Strategies

2017 to 2021 Training Shoes Market Outlook Compared to 2022 to 2032 Forecast

Training shoes are shoes used by athletes or others while participating in strenuous physical exercises. These activities frequently include running, jogging, workouts such as HIIT and Cardio exercises, weight training with heavy weight plates and bars, and many more.

These shoes are used for training because they give a tight fit to the feet and so aid to improve general stability and grip. Along with its comfy sole material and high traction giving grips, these shoes are low weight, which reduces stress on the muscles and aids in gaining greater stability.

Because the market was restricted for all commodities save essential goods during the COVID period, these shoes had less demand. People couldn't go to gyms or training centers since outside activities were restricted and public gatherings were prohibited. Sports events were postponed or canceled throughout the lockdown period, which had the greatest impact on the market.

People are returning to their daily routines, including gyms and other types of physical activity, as the world recovers from the impacts of the epidemic. These reasons are assisting the training shoe market's moderate and steady growth. Improved awareness of how to utilize proper shoes for certain activities is also aiding in sales growth. The training shoes are used as casual shoes by many people, as they are comfortable and allow the user freedom of movement.

Why is there such a high demand for training shoes?

People are also becoming more aware of the need of wearing the proper sort of shoes for sporting activities in order to avoid muscular injuries and sprains, knee pain, and back pain as well as future complications with hip and lower back. There are chances that calf muscles and tendons can rupture and damage if they are under high stress for long time periods.

Because of their versatility, training footwear items are becoming increasingly popular. Training footwear is utilized by a wide range of users, including athletes and gym freaks. There are also fitness-conscious clients, gym-goers, and those who use them for light exercise regimens. Various varieties of training footwear on the market are made from high-quality raw materials such as leather, foam, and plastic, as well as modern chemical additives.

Training shoes are increasingly being worn as casual shoes. Users like wearing these snug-fitting shoes, which come in a variety of styles and patterns. However, if used frequently outside, natural conditions might quickly harm them.

Training shoes are offered in a variety of pricing ranges at various shoe stores and internet markets. They are simple to choose and purchase since the user must look for the best-fitting and most comfortable shoe. Customers are drawn to online market locations that provide unique discounts and promotional deals, and there are official websites for selling these shoes.

What marketing strategies do manufacturers use to improve sales?

Bigger brands in the training shoes market are mainly utilizing social media marketing and celebrity endorsement to market their products. These are the most effective ways to market these shoes, as people are using social media and online entertainment platforms commonly, and celebrities can help in influencing the fan following to purchase the products they are promoting.

Top players like Nike use Instagram and Facebook to market their newly launched products. Not just effective marketing, they increase their sales count by providing high-quality products, with innovative design and technology, that attract customers to try them.

Similarly, Adidas along with launching top-tier products is also involving social media in marketing. They are engaging customers using online campaigns and customer experiences, that help in catching the attention of people and keep them updated about their products and activities.

The top brands also do collaborations with other brands and celebrities, introducing specially designed and limited editions of these shoes. Such an innovative marketing approach triggers excitement in fans and collectors to purchase these shoes to add them to their collections.

Country-wise Insights

Why are training shoes trending in the USA?

Increasing physical activities and the use of comfortable and versatile footwear are trending in the USA

Training shoes are popular among American customers, both at gyms and as part of a casual wardrobe. In their daily lives, Americans are conscious of fitness and physical activity. Most adults and teens participate in some form of exercise programme, whether it be gyms, dancing choreographies, or yoga sessions. People utilise training shoes with various qualities to be ready and active during all of these activities.

Fashion trends change all the time, and Americans are willing to pay money to seem stylish and fresh. Teenagers and young people are increasingly wearing brightly coloured and high-performance shoes with casual outfits. They are not roaming the countryside, but they are prepared. Along with brightly coloured and flashy training shoes, dark-coloured and metallic-finish shoes are becoming increasingly popular.

What factors are increasing training shoe sales in China?

Comfort with style’ is making training shoes a big thing in China.

China is the second biggest market for training shoes, after USA Chinese customers are willing to spend a considerable amount of money to purchase a suitable pair of shoes. Customers in the country are using different stylish shoes and types of shoes, suitable for the venue.

Chinese customers are seeking comfort, style and convenience in shoes. Mostly, people are spending money on designer sneakers and specially customized and modified sneakers. These sneakers are popular among adults, but youngsters are preferring more comfortable and versatile shoes, making training shoes and sports shoes the perfect choice for them.

Chinese people are sports enthusiasts, and sports events such as the Olympic games are positively impacting the sales of training shoes. People purchase branded and sponsored shoes used by athletes to show support to the national teams. All these factors are helping in increasing the sales of training shoes in China.

What is the variable influencing the training shoes market in the United Kingdom?

Increasing awareness about physical activities is increasing sales of training shoes.

The United Kingdom is quickly becoming a significant market for training shoes. The key cause for the market's growth is the increased relevance of physical fitness in the population. COVID rendered people sluggish, and physical activity was almost completely eliminated from daily life. Sports shoes and training shoes are seeing an increase in sales as individuals return to gyms and add sports activities to their schedules.

Basketball, squash, and badminton are popular pastimes in the United Kingdom. People use shoes with a comfortable fit and a sole design for maximum performance to stay fit, active, and in excellent condition.

Multiple indigenous manufacturers exist in the country, but because the market remained stagnant, multinational companies emerged and are now presenting a challenge to them. Many of these firms suffered as a result of the lockdown and travel restrictions, which caused customers to cease purchasing shoes and total footwear expenditure.

Category-wise Insights

Which type of product will contribute a major share of the training shoes market?

The most popular type in the Training shoes market is Lace-up shoes

Lace-up shoes are preferred by customers mostly. Laces on the shoes help in adjusting the tightness and fitting of the shoes. These factors are very important for training shoes, as they are specially made for providing support and comfort during extensive physical activities.

What sole is used for the training shoes by manufacturers?

Manufacturers commonly utilize PU soles for Training shoes.

PU material had gained popularity among manufacturers, as it outshined all other types of materials used for making soles. Pu soles are durable, water-resistant has high breathability, and are lightweight at the same time. All these positive factors of PU over leather, PVC, and EVA materials made PU the best available option. All these qualities are required in training shoes, and hence, PU is used for making training shoes.

Which outer material is commonly used by the manufacturers?

synthetic material is used for training shoes, as it makes them robust and stylish.

The training shoes are made from synthetic materials and mesh most commonly. Mesh is a popular option among manufacturers, as they make the shoes lightweight and breathable. But, mesh shoes are prone to damage and have much less life. Due to these drawbacks, synthetic material is commonly used to make shoes attractive and durable.

Competitive Landscape

Manufacturers of training shoes are releasing specifically designed shoes that are suitable for workouts and training and will provide comfort and support to the foot, allowing the wearer to exert maximum effort while training.

For Instance:

• Under Armour has a range of special training shoes, designed for heavy workout sessions and weight training, along with other athletic activities. The Under Armour Tribase Reign training shoe is designed with breathable mesh material, with a TriBase sole, providing support for heavy lifts and the sole provides excellent traction while running and cardio exercises.

Scope of Report

Attribute	Details
Forecast Period	2022 to 2032
Historical Data Available for	2017 to 2021
Market Analysis	USD Million for Value
Key Regions Covered	North America; Latin America; Europe; East Asia; South Asia; Oceania & Middle East and Africa(MEA)
Key Countries Covered	United States, Canada, Brazil, Mexico, Germany, United Kingdom, France, Spain, Italy, Russia, South Africa, Northern Africa GCC Countries, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia & New Zealand.
Key Segments Covered	Closure Type, Sole Material, Outer Material, Consumer Orientation, Sales Channel, and Region.
Key Companies Profiled	Nike Inc.; Adidas Group; Asics Corp.; Puma SE; New Balance Inc.; Skechers Inc.; Reebok; Under Armour; FILA Ltd.; Others
Report Coverage	Market Forecast, Company Share Analysis, Competition Intelligence, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing	Available upon Request

Training Shoes Market by Category

By Closure Type, Training Shoes Market is segmented as:

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

By Sole Material, Training Shoes Market is segmented as:

• Polyurethane
• Rubber
• Leather
• EVA
• Others

By Outer Material, Training Shoes Market is segmented as:

• Leather
• Mesh
• Synthetic Material
• Others

By Consumer Orientation, Training Shoes Market is segmented as:

• Men
• Women
• Kids

By Sales Channel, Training Shoes Market is segmented as:

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

By Region, Training Shoes Market is segmented as:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East and Africa(MEA)

Frequently Asked Questions

What is the Growth Potential of the Training Shoes Market?

The growth potential of the market is 3.9% through 2033.

What Marketing Strategies are Being Employed by Manufacturers?

Manufacturers are focusing on celebrity endorsements and social media marketing as effective marketing strategies.

Which are the Key Asian Countries in the Training Shoes Market?

India and China dominate the Asian market.

Which is the Key Segment by Closure Type?

Lace up shoes segment is likely to remain preferred through 2033.

Who are the Key Training Shoes Market Players?

Nike Inc., Adidas Group, and Asics Corp. are the top players.