Latin America Trail Running Shoes Market Size & Outlook
Latin America trail running shoes market, 2015-2025 (US$M)
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Latin America trail running shoes market highlights
- The Latin America trail running shoes market generated a revenue of USD 418.3 million in 2018.
- The market is expected to grow at a CAGR of 4.2% from 2019 to 2025.
- In terms of segment, light trail running shoes was the largest revenue generating product in 2018.
- Light Trail Running Shoes is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2019 to 2025.
Latin America data book summary
| Market revenue in 2018 | USD 418.3 million |
| Market revenue in 2025 | USD 558.1 million |
| Growth rate | 4.2% (CAGR from 2018 to 2025) |
| Largest segment | Light trail running shoes |
| Fastest growing segment | Light Trail Running Shoes |
| Historical data covered | 2015 - 2017 |
| Base year for estimation | 2018 |
| Forecast period covered | 2019 - 2025 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Light Trail Running Shoes, Rugged Trail Running Shoes, Off Trail Running Shoes |
| Key market players worldwide | VF Corp, Wolverine World Wide Inc, Adidas AG, Nike Inc Class B, Skechers USA Inc Class A, ASICS Corp, Deckers Outdoor Corp, Amer Sports Inc |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.0% of the global trail running shoes market in 2018.
- Globally, North America is projected to lead the regional market in terms of revenue in 2025.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,549.8 million by 2025.
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Trail Running Shoes Market Scope
Trail Running Shoes Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America trail running shoes market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to trail running shoes market will help companies and investors design strategic landscapes.
Light trail running shoes was the largest segment with a revenue share of 59.22% in 2018. Horizon Databook has segmented the Latin America trail running shoes market based on light trail running shoes, rugged trail running shoes, off trail running shoes covering the revenue growth of each sub-segment from 2015 to 2025.
The popularity of trail races in the region is one of the factors driving the demand for trail running shoes. A study found that trail running builds endurance and also participating in trail running presents very specific psychological traits to the runners.
Addition to the fact that mental toughness, resilience, addiction, and passion are part of the runner model, age, experience, and the quality of the athlete also matters the most. All these factors are responsible for increase in demand for trail shoes.
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Target buyers of Latin America trail running shoes market databook
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Our clientele includes a mix of trail running shoes market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America trail running shoes market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America trail running shoes market from 2015 to 2025, including revenue numbers, major trends, and company profiles.
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Latin America trail running shoes market size, by country, 2015-2025 (US$M)
Latin America Trail Running Shoes Market Share, 2018 & 2025 (US$M)
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