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Report Overview

The Brazil running gear market reached around USD 1.65 Billion in 2024. The market is projected to grow at a CAGR of 6.30% between 2025 and 2034 to reach nearly USD 3.04 Billion by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

  • Data from Brazil in 2019 indicated that approximately 4 million individuals participated in running, contributing to a market valued at around BRL 3.1 billion annually.

  • On average, Brazilians spend about three hours per week on physical exercise, averaging around 26 minutes each day.

  • As per the Brazilian Association of Street Running (ABCR), the year 2023 witnessed the organisation of 150,000 street races, reflecting a 13% rise in participant numbers in comparison to the prior year.

Compound Annual Growth Rate

Value in USD Billion

6.3%

2025-2034


Brazil Running Gear Market Outlook

*this image is indicative*

Brazil Running Gear Market Report Summary Description Value
Base Year USD Billion 2024
Historical Period USD Billion 2018-2024
Forecast Period USD Billion 2025-2034
Market Size 2024 USD Billion 1.65
Market Size 2034 USD Billion 3.04
CAGR 2018-2024 Percentage XX%
CAGR 2025-2034 Percentage 6.30%
CAGR 2025-2034 - Market by Region Minas Gerais 6.8%
CAGR 2025-2034 - Market by Region Rio Grande do Sul 6.5%
CAGR 2025-2034 - Market by Gender Unisex 6.9%
CAGR 2025-2034 - Market by Distribution Channel Offline 11.4%
2024 Market Share by Region Bahia 4.1%

Brazil Running Gear Market Growth

The Brazilian Association of Street Running (ABCR) reports that there are currently 13 million runners in Brazil. In 2019, Brazil reported total e-commerce sales of EUR 12.5 billion, marking a 16% increase compared to the previous year. The e-commerce sector in Brazil is experiencing rapid growth, with an annual rate of 14.3%. Online platforms grant consumers convenient access to an extensive array of running gear, including footwear, clothing, and accessories, all from the comfort of their homes. This convenience is particularly attractive to busy individuals who may lack the time to shop in physical stores. Furthermore, online retailers typically provide a wider variety of running gear than traditional stores, allowing consumers to explore numerous brands, styles, and sizes to find products that best suit their needs and preferences.

The Brazil fitness tracker market, which includes well-known models such as the Apple Watch, has experienced substantial growth in recent years. As of January 2023, the market share of Apple Watch ownership in Brazil stands at 21.9%. Apple has sold 26.7 million smartwatches during the first three quarters of 2023. Fitness smartwatches are equipped with sensors that monitor a variety of activities, including steps walked, distance covered, calories burned, and active minutes. These functionalities assist users in tracking their daily physical activity and establishing goals to maintain an active lifestyle. For individuals engaged in running, cycling, and hiking, GPS capabilities are essential. This feature allows users to monitor their routes, distance, and pace independently of a smartphone, thereby facilitating performance analysis and enhancement.

Key Trends and Development

Brazil Running Gear Market Trends

The growing trend of active lifestyles and the rising awareness regarding well-being and health are surging the demand for running gear. Running gear is designed to support the body for exercise, allow freedom of movement, provide necessary support to joints and muscles, wick away sweat, and reduce friction while regulating the body temperature. The increasing interest in running and the rising number of marathons and half-marathons are further aiding the demand for running gear.

Brazil Running Gear Industry Segmentation

Brazil Running Gear Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Product:

  • Running Footwear
  • Running Apparel
  • Running Accessories
  • Fitness Trackers

Market Breakup by Gender:

  • Male
  • Female
  • Unisex

Market Breakup by Distribution Channel:

  • Offline
  • Online

Market Breakup by Region:

  • São Paulo
  • Minas Gerais
  • Rio de Janeiro
  • Bahia
  • Rio Grande do Sul
  • Others

CAGR 2025-2034 - Market by Region
Minas Gerais 6.8%
Rio Grande do Sul 6.5%
Bahia 6.1%
São Paulo XX%
Rio de Janeiro XX%
Others XX%

Brazil Running Gear Market Share

Based on the distribution channel, the market is segmented into online and offline. The offline segment is projected to grow at a CAGR of 11.4% during the forecast period of 2025-2034 as these channels deliver a concrete shopping experience and frequently present opportunities for individualised service. These stores generally provide an extensive selection of items, encompassing running footwear, clothing, and various accessories.

Leading Companies in the Brazil Running Gear Market

Major players are focusing on the integration of smart technology into the running gears to gain a competitive edge in the market.

  • Adidas AG
  • Puma SE
  • Nike, Inc.
  • Under Armour®, Inc.
  • Asics Corp.
  • Skechers USA, Inc.
  • Actvitta
  • Columbia Sportswear Company
  • On Holding AG
  • NewBalance, Inc.
  • Others

The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2024, the market attained a value of nearly USD 1.65 Billion.

The market is assessed to grow at a CAGR of 6.30% between 2025 and 2034.

The market is estimated to reach around USD 3.04 Billion by 2034.

The market is being driven by the rising health consciousness among the Brazilian population and the increasing influence of social media fitness trends.

The key trends aiding the market expansion include the integration of technology into the running gear and the growth of the e-commerce sector.

The major distribution channels in the market are online and offline.

The major regions considered in the market are São Paulo, Minas Gerais, Rio de Janeiro, Bahia, and Rio Grande do Sul, among others.

The major players in the market are Adidas AG, Puma SE, Nike, Inc., Under Armour®, Inc., Asics Corp., Skechers USA, Inc., Actvitta, Columbia Sportswear Company, On Holding AG, and NewBalance, Inc., and others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment

  • Product
  • Gender
  • Distribution Channel
  • Region
Breakup by Product
  • Running Footwear
  • Running Apparel
  • Running Accessories
  • Fitness Trackers
Breakup by Gender
  • Male
  • Female
  • Unisex
Breakup by Distribution Channel
  • Offline
  • Online
Breakup by Region
  • São Paulo
  • Minas Gerais
  • Rio de Janeiro
  • Bahia
  • Rio Grande do Sul
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Adidas AG
  • Puma SE
  • Nike, Inc.
  • Under Armour®, Inc.
  • Asics Corp.
  • Skechers USA, Inc.
  • Actvitta
  • Columbia Sportswear Company
  • On Holding AG
  • NewBalance, Inc.
  • Others

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