The modern-day document posted via Report Ocean, titled “Sports Apparel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023 to 2031,” affords a complete evaluation of the industry, which includes insights on the market trends. The file additionally consists of competitor and regional analysis, and present-day developments in the market. This document can serve as a fantastic information for investors, researchers, consultants, advertising strategists and all these who are planning to foray into the market in any form.
Sports apparel is mainly worn during workout sessions or while playing sports. They are designed to provide comfort and agility while performing physical movements. These apparel are made using breathable fabric that allows sweat to evaporate faster, helping the person wearing it remain fresh for long. Polyester, microfiber, calico, and spandex are some of the most commonly used fabrics in production of these clothing. Initially, the sports apparel was mostly worn by athletes but, with time, it has become quite common with regular gym-goers and other non-athletes.
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The adoption of sports apparel has been quite high in the developed regions such as the U.S., Canada, and Germany, while emerging countries such as China, Brazil and India are catching up quickly.
The global sports apparel market has witnessed significant growth over the years and is expected to grow at a steady pace during the forecasted period. This can be attributed to growing health awareness and increasing adoption of fitness activities such as aerobics, swimming, running, and yoga among consumers. Moreover, rise in participation of women in sports and fitness activities has paved the way for sports apparel.
Additionally, increase in disposable income and improvement in living standards in the emerging countries such as China and India along with rise in affinity of consumers in emerging economies toward health and fitness further boost the demand for fitness apparel. However, availability of low quality and counterfeit products restricts the growth of the global market. On the contrary, growth in demand for trendy and fashionable sports apparel and increase in popularity of sports apparel among children are anticipated to provide lucrative growth opportunities for the sports apparel market.
The sports apparel market has been segmented based on end user, distribution channel, and region. On the basis of end user, the market is split into children, men, and women. Based on distribution channel, it is segmented into E-commerce, supermarket/hypermarket, brand outlets, and discount stores. On the basis of region, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
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KEY BENEFITS FOR STAKEHOLDERS
– The report provides a quantitative analysis of the current market trends, estimations, and dynamics of the market size from 2018 to 2026 to identify the prevailing sports apparel market opportunities.
– Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
– In-depth analysis of the size and segmentation assists in determining the prevailing market opportunities.
– The major countries in each region are mapped according to their revenue contribution to the global industry.
– The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the sports apparel industry.
The key players profiled in the report include Adidas AG, Nike, Inc., Puma SE, Under Armour, Inc., Ralph Lauren Corporation, Umbro Ltd., Fila, Inc, Lululemon Athletica Incorporation, New Balance Athletic Shoe, Inc., and Columbia Sportswear Company.
KEY MARKET SEGMENTATION
– By End User
o Children
o Men
o Women
– By Distribution Channel
o E-commerce
o Supermarket/Hypermarket
o Brand Outlets
o Discount Stores
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– By Region
o North America
– U.S.
– Canada
– Mexico
o Europe
– Germany
– France
– UK
– Italy
– Spain
– Rest of Europe
o Asia-Pacific
– China
– India
– Japan
– Australia
– Rest of Asia-Pacific
o LAMEA
– Brazil
– South Africa
– UAE
– Rest of LAMEA
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
In this report, the key questions answered:
- How has the adoption of Market impacted COVID-19?
- What are the key market tips in key areas?
- Which utilized sciences are most impacting the anticipated global enterprise?
- Who are the major global game enthusiasts in modern times dominating the Market?
- How do AI clients turn out to be conscious of technological knowledge in strolling theatres?
- What are the vital corporation fashions determined via way of the foremost market players?
- What are the key factors that will have an effect on the expand of Market globally?
- How foremost game enthusiasts in the Global corporation environment are incorporating key
- What is the present day income contribution of distinct product kinds in the market and what are the predicted changes?
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