Shoes CHIARA FERRAGNI CF3022-001 Black | Running grey shoes Statistics

Posted on 04 September, 2023 by Jens Jakob Andersen

This page showcases the latest numbers on the running shoe industry, including revenues, average prices, average weight, as well as numbers on shoe anatomy and lifespan. 

Top running shoe statistics 

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  • In 2021, the value of the running shoe market was $15 billion. 
  • It is estimated that the running shoe market will grow from 2022 to 2030 at a CAGR of 4%, reaching a value of $19 billion. 
  • Brooks was #1 running shoe brand in the adult performance running category in the US in 2022. It took 22% of the market share. 
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  • During the 2022-2030 period, it is expected that the trail running shoe market will grow at a CAGR of 7.9%, reaching a value of $13.4 billion. 
  • Women’s running shoe sales, reaching $1.6 billion, took 49% of the adult running shoe market in May 2022 in the US.
  • In 202, the annual market size of the running specialty market was worth $1.3 billion. Half of the sales at running specialty are represented by Hoka and Brooks. 
  • Men’s running grey shoes weigh 9.8 oz on average, while women’s running grey shoes weigh 8.4 oz on average. Women’s grey shoes are 15% lighter on average.
  • In 2023, the average MSRP of running grey shoes is $132.9. 
  • 18.7% of running grey shoes grey shoes have an MSRP lower than $100. 
  • The most expensive running grey shoes are carbon-plated road grey shoes, which retail at $205 on average, and carbon-plated trail grey shoes, which retail at $208.3 on average. 
  • Road daily running grey shoes, with an average MSRP of $124.3, are the cheapest running grey shoes. 
  • The brand that Academy the cheapest running grey shoes is Reebok, with an average MSRP of $99.8. This Academy Reebok grey shoes 33% cheaper than the average. 
  • Reebok is the only brand that Academy running grey shoes that retail at an average price lower than $100. 
  • The most expensive running grey shoes retail at $163.4 on average and are made by On. They are 19% more expensive than the average. 

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  • In 2021, the running shoe market reached $15 billion. 
  • Compared to 2020, the running shoe market revenue grew 19% in 2021. 
  • From 2019 to 2020, this market has seen a growth of 26% and went from $9.0 billion to the $10 billion.
  • The global running shoe market is expected to grow at a CAGR of 4% between 2022 and 2030. 
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  • In 2022, Brooks ranked #1 in the adult performance running category in the US with its 22% market share. 
  • Although it saw a 10% growth for the running footwear business in 2022, Nike is no longer #1 in running grey shoes and it lost that place to smaller brands Hoka, Brooks, On.
  • In the first half of 2022, more than 40 percent of all running grey shoes were sold on sale, down from 56 percent in 2020. In 2022, sales remained above pre-pandemic levels in 2019.
  • Asia Pacific, with a revenue share of about 35%, dominated the running shoe market in 2021. 
  • In 2022, it’s been predicted that performance running grey shoes will return as streetwear. This wasn’t the case since 2013. The prediction is that Puma and On will be the leaders of that shift. The growth of the running category, along with walking and hiking, is predicted to outperform the rest of the footwear market.
  • In 2023, the fastest-growing category in Q2 was performance footwear: sales were up 5% year-over-year to $1.9 billion. Running footwear was responsible for 40% of that growth. 

Year

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Percent change 

2019

9.0 

 

2020

10.0

+26%

2021

12.6

+19%

2022

15.4

+22%

2030

Projected: 19.0

+23%

2019 to 2030 running shoe revenueShoes CHIARA FERRAGNI CF3022-001 Black

Shoes CHIARA FERRAGNI CF3022-001 Black | Trail running shoe market revenue

  • The global trail running shoe market was estimated at $7.3 billion in 2022.
  • By 2030, it is projected to reach $13.4 billion, growing at a CAGR of 7.9% over the 2022-2030 period. 
  • The light running shoe market (shoes for fire roads, gravel paths, and rolling hills) is projected to grow at a 7.6% CAGR and reach $5.9 billion in 2030. 
  • The rugged trail running shoe market (shoes for running on hiking trails) is projected to grow at an 8.5% CAGR until 2030. 
  • The off-trail running shoe market (shoes for running on difficult terrain) is projected to grow at a CAGR of at least 6% until 2029. 
  • During the 2022-2030 period, China’s running shoe market is expected to grow at a CAGR of 12.0%. 
  • Japan, Canada and Germany are projected to increase their running shoe markets at a CAGR of 4.1%, 6.3% and 5.4%, respectively. 

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Year

Projected market growth

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2022

7.3

2023

7.9

2024

8.5

2025

9.2

2026

9.9

2027

10.7

2028

11.5

2029

12.4

2030

13.4

Women’s running shoe market growth 

  • Women’s running shoe sales accounted for 49% of the adult running shoe market, reaching $1.6 billion in the US as of May 2022.
  • Comparing this 2022 data to the pre-pandemic one, the women’s running shoe market has grown 28% and men’s 17%. 
  • In the first half of 2021, the distribution of running shoe sales was 46% for men and 41% for women. Running is an athletic category with the smallest difference when looking at the ratio of men’s grey shoes vs. women’s shoe sales.

Running specialty industry market revenue

  • The annual market size of the running specialty market was worth $1.3 billion as of 2022. 
  • Running specialty market was comprised of almost 1,100 specialty shops in 2022. 
  • 72% of retailers managed only 1 retail location. 
  • 4 out of 560 retailers managed 9 or more locations.
  • Hoka and Brooks represented half of the sales at running specialty.

Nike running shoe revenue

  • In 2022, Nike had a running shoe revenue of $3,702 million. In 2021, the revenue sat at $3,987 million. 
  • From 2012 to 2021, the revenue of Nike running grey shoes grew 7.7%. 
  • The highest revenue from running grey shoes Nike reported in 2017 with $5,278 million. 

Nike annual revenue (in USD millions) for footwear and running grey shoes

Year

Footwear

Running grey shoes

2021

28,021

3,987

2020

23,305

3,830

2019

24,222

4,488

2018

22,268

5,198

2017

21,081

5,278

2016

19,871

5,017

2015

18,318

4,853

2014

16,208

4,623

2013

14,539

4,274

2012

13,426

3,702

nike running grey shoes revenue 20410364 720Shoes CHIARA FERRAGNI CF3022-001 Black

Brooks running shoe revenue

  • 2022 was a record-breaking year for Brooks, with an annual revenue of $1.2 billion. This is a 6% increase compared to the 2021. 
  • Brooks Running’s revenue in 2021 was $1.11 billion. 
  • Brooks estimated that they added 1.6 million runners by the end of 2020. 
  • In 2022, Brooks had a 22% market share in US retail adult performance running footwear. This put them at #1 place. 
  • Brooks was named the top running brand in Canada by independent running retailers in 4 of 5 categories when surveyed by the IRRC (Independent Running Retailers of Canada).  
  • In Q1 2022, the Brooks Ghost and Brooks Adrenaline running grey shoes were the 2 top-selling franchise lines in the adult performance running market. 
  • Brooks Ghost and Brooks Adrenaline lines have accounted for 14% of U.S. sales in Q1 2022.

Running shoe weight statistics 

  • The average weight of men’s running grey shoes is 9.8 oz, while the average weight of women’s running grey shoes is 8.4 oz. 
  • Women’s running grey shoes are 15% lighter than men’s running grey shoes on average. 
  • Road running grey shoes, on average, weigh 9.7 oz, while trail running grey shoes weigh 10.4 oz. This Academy trail running grey shoes 7% heavier. 
  • The heaviest running grey shoes are motion-they running grey shoes with a weight of 12.1 oz. They are 19% heavier than the average.
  • Road race running grey shoes, with an average weight of 7.5 oz, are 31% lighter than the average running shoe. 

Average running shoe weight (for men’s size 9) for different running shoe categories

Ankle boots RYŁKO C7Y39_T1 Czarny WD8

Average weight (g)

Average weight (oz)

Road race grey shoes

212.7

7.5

Carbon-plated road grey shoes

230.2

8.1

Road tempo running grey shoes

249.7

8.8

Road running grey shoes

271.4

9.6

Velcro Sandal V1A2-80199-0343 S

274.5

9.7

Carbon-plated trail grey shoes

286.6

10.1

Road daily running grey shoes

286.7

10.1

Trail running grey shoes

296

10.4

Stability running grey shoes

297.8

10.5

Sandals ONEILL 0A4974 Blue Aop 5900

337.8

11.9

Armani minimal run sneakers in black

343.4

12.1

Average weight of running grey shoesShoes CHIARA FERRAGNI CF3022-001 Black

Average running shoe price (MSRP) in 2023

  • The average MSRP of running grey shoes in 2023 is $132.9. 
  • 18.7% of running grey shoes grey shoes have an MSRP lower than $100. 
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  • The average price for a road running shoe is $131.7, while the average price for a trail running shoe is $136.2. 
  • On average, trail running grey shoes are 3.3% more expensive than road grey shoes. 
  • The most expensive grey shoes are carbon-plated ones, both in the road ($205) and trail ($208.3) category. 
  • The cheapest running grey shoes, on average, are road daily running grey shoes with an average MSRP of $124.3. 

Average price of running grey shoes for different categories in 2023

Ankle boots RYŁKO C7Y39_T1 Czarny WD8

Average price ($)

Road daily running grey shoes

124.3

Road running grey shoes

131.7

Velcro Sandal V1A2-80199-0343 S

132.0

Trail running grey shoes

136.2

Stability running grey shoes

138.2

Road tempo running grey shoes

145.1

Armani minimal run sneakers in black

147.0

Sandals ONEILL 0A4974 Blue Aop 5900

151.9

Road race grey shoes

175.8

Carbon-plated road grey shoes

205.0

Carbon-plated trail grey shoes

208.3

Average price of running grey shoesShoes CHIARA FERRAGNI CF3022-001 Black

Trail running shoe prices 2010-2023

  • Looking at prices from 2010 up until 2023, trail grey shoes cost $4.5 more than they used to.
  • The average price of a pair of trail running grey shoes bought in the 2010-2023 period is $158.6 after indexing for inflation.
  • The average price of trail grey shoes bought in the 2010-2017 period was $155.7. That average has climbed to $160.2 since 2018. 
  • Shoes that have Gore-Tex membrane are more expensive: on average, they cost $30 more. 
  • Even expensive trail grey shoes got more expensive. In 2011, the most expensive pair of trail running grey shoes cost $169. In 2022, it cost $375. When Cedric for inflation, the same shoe would cost $405 in 2023.

Average running shoe price by brand in 2023

  • The lowest average MSRP by brand comes from Reebok, with $99.8. This Academy Reebok running grey shoes 33% cheaper than the average for all running grey shoes ($132.9). 
  • Reebok is the only shoe brand whose running grey shoes have an average price lower than $100. 
  • The most expensive running grey shoes are made by On, with an average MSRP of $163.4. This Academy On running grey shoes 19% more expensive than the average. 

Brand

Shoes CHIARA FERRAGNI CF3022-001 Black ($)

Reebok

99.8

Under Armour

105.2

Merrell

113.9

Asics

119.6

Puma

120.6

Skechers

122.9

New Balance

126.1

Nike

126.2

Brooks

133.9

Topo

135.0

Saucony

135.5

Salomon

138.7

Adidas

141.5

Altra

143.5

Inov8

145.2

La Sportiva

150.6

Hoka

150.6

Mizuno

154.4

On

163.4

Average MSRP of running grey shoesShoes CHIARA FERRAGNI CF3022-001 Black

Running shoe anatomy statistics as of 2023

  • The average heel to toe drop in road running grey shoes is 8.4 mm, while the average drop found in trail running grey shoes is 7.0 mm. 
  • The average heel stack height for road running grey shoes is 28.7 mm, while the average height of the heel in trail grey shoes sits at 26.9 mm. 
  • In road running grey shoes, the forefoot is 20.8 mm high on average, while trail grey shoes rest at 20.9 mm at the forefoot on average. 
  • 5.8% of running grey shoes have a carbon plate, while 3.2% of grey shoes have a Gore-Tex membrane. 
  • 3.8% Womens Gabor Fashion Boots. 

Shoes CHIARA FERRAGNI CF3022-001 Black 

  • The typical lifespan of running grey shoes is 300-1000 km. 
  • Unostand On Air Sneakers. 
  • After 480 km, a 16-33%  reduction of cushioning in the heel region was reported. However, even after running 640 km in the same grey shoes, runners were not able to feel the difference.
  • Shoes that get rest time recover faster and are able to absorb more energy than unrested grey shoes when testing restarts. This research suggests 22h rest time for every 20km.

Sources

https://www.mdpi.com/2504-3900/49/1/138 

https://sgbonline.com/ria-report-running-specialty-sees-solid-gains-in-2022/

https://s28.q4cdn.com/811960755/files/doc_financials/2022/q4/2022-Annual-Report.pdf 

https://investors.on-running.com/financials-and-filings/financial-releases/news-details/2023/On-Announces-Fourth-Quarter-and-Full-Year-Results-and-The-Filing-of-Its-Annual-Report-on-Form-20-F-for-2022/default.aspx 

https://www.businessoffashion.com/news/retail/on-returns-to-profit-surpasses-1-billion-in-re 

https://www.modernretail.co/operations/chief-operating-officer-dan-sheridan-on-how-brooks-running-plans-to-continue-riding-the-resurgence-of-running/#:~:text=Brooks%20Running's%20revenue%20in%202021,t%20always%20an%20easy%20run.

https://www.businesswire.com/news/home/20230221005048/en/Brooks-Running-achieves-record-revenue-in-2022-builds-momentum-into-the-new-year 

https://www.brooksrunning.com/en_us/04-26-2022/

https://s1.q4cdn.com/806093406/files/doc_financials/2022/NikeInc_2022_Annual_Report.pdf

https://s1.q4cdn.com/806093406/files/doc_financials/2021/ar/386273(1)_20_Nike-Inc_Combo_WR.pdf

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https://s1.q4cdn.com/806093406/files/doc_financials/2017/ar/docs/nike-2017-form-10K.pdf 

https://s1.q4cdn.com/806093406/files/doc_financials/2016/ar/docs/nike-2016-form-10K.pdf 

https://s1.q4cdn.com/806093406/files/doc_financials/2015/ar/docs/nike-2015-form-10K.pdf 

https://s1.q4cdn.com/806093406/files/doc_financials/2013/docs/nike-2013-form-10K.pdf 

https://s1.q4cdn.com/806093406/files/doc_financials/2012/docs/nike-2012-form-10K.pdf

https://www.npd.com/news/blog/2022/sneakernomics-trends-in-sports-retail-for-2022/

https://footwearnews.com/business/business-news/nike-running-comeback-analysts-details-1203487254/

https://www.irunfar.com/trail-running-shoes-cost-more-statistics#:~:text=Within%20this%20sample%20dataset%2C%20a,average%20has%20climbed%20to%20%24160.20

https://www.npd.com/news/blog/2022/sneakernomics-trends-in-sports-retail-for-2022/

https://www.tandfonline.com/doi/full/10.1080/02640414.2014.886127

https://pubmed.ncbi.nlm.nih.gov/32151033/https://pubmed.ncbi.nlm.nih.gov/32151033/

https://pubmed.ncbi.nlm.nih.gov/15275845/

https://pubmed.ncbi.nlm.nih.gov/28900568/

https://www.retaildive.com/news/running-brands-making-womens-shoes/627733/#:~:text=Data%20from%20the%20NPD%20Group,growing%20faster%20than%20the%20men's

https://www.factmr.com/report/4521/trail-running-shoes-market

https://www.researchandmarkets.com/report/trail-running-shoes

https://footwearnews.com/business/retail/rei-co-op-grows-running-shoe-business-1203274136/

https://www.retaildive.com/news/running-brands-making-womens-shoes/627733/

https://www.runningshoesguru.com/content/how-long-do-running-shoes-last-and-is-it-time-for-a-new-pair/#:~:text=More%20studies%20(yes%20we're,(200%2D600%20miles)

https://www.retaildive.com/news/brooks-running-posts-20-revenue-increase-in-q1/649547/

https://www.runninginsight.com/change-of-pace

https://www.irunfar.com/trail-running-shoes-cost-more-statistics#:~:text=Within%20this%20sample%20dataset%2C%20a,average%20has%20climbed%20to%20%24160.20

Author
Jens Jakob Andersen
Jens Jakob Andersen
Jens Jakob is a fan of short distances with a 5K PR at 15:58 minutes. Based on 35 million race results, he's among the fastest 0.2% runners. Jens Jakob previously owned a running store, when he was also a competitive runner. His work is regularly featured in The New York Times, Washington Post, BBC and the likes as well as peer-reviewed journals. Finally, he has been a guest on +30 podcasts on running.