Press release
Overview of Global Sports Apparel Market Covering Prime Factors and Competitive Outlook till 2022
Modern consumers are more conscious about their physical fitness and appearance, which is eventually motivating them to take up various physical activities such as swimming, aerobics, yoga and running among others. Meanwhile, desires to maintain a sporty look and follow the latest fashion trends is further driving that motivation. This, in turn, is creating opportunities for sports brands to introduce stylish and attractive sports apparels that complement the wearer’s physical attributes, giving him/her a more dynamic overall look. In recent years, brands have started paying greater attention to innovation in design of apparels owing to their increasing role in improving the athletes’ overall performance level. Factors as such are reflecting favorably on the global sales of sports apparels.As per the latest report published by FactMR, the global market for sports apparel is projected to reflect an above-average CAGR during the forecast period (2017-2022), to reach a valuation in excess of US$ 204,500 Mn. Products that are created by infusing leading-edge fashion and sports technology are more appealing to the consumers, as they are not only comfortable to wear but highly durable as well.
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Top companies operating in the global sport apparel market are concentrating on the development of wearer-specific apparels. However, new entrants are finding it challenging to compete with international brands, when it comes to reliability, quality, and technological innovation. The report, compiled by FactMR, provides in-depth analysis of the global sport apparel market for the forecast period 2017-2022, and offers key insights about future market direction.
The scope of FactMR’s report is to analyze the global sport apparel market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Sport apparel manufacturers, stakeholders, and suppliers in the global sports industry can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and journals pertaining to sport apparel.
North America – Largest Market for Sports Apparel
Demand for sport apparel in North America is expected to remain strong throughout the forecast period (2017-2022). In terms of revenue, the region is expected account for a significant share of the global market in 2017 and beyond. The sports apparel market in North America is projected soar at an Impressive CAGR of 5.5% between 2017 and 2022. In addition, region’s market is estimated to surpass a valuation of to US$ 64,880 Mn in by 2022-end.
Tops & T-Shirts - Highest Selling Sports Apparel
Tops & t-Shirts will continue to outsell other types of sports apparels during the forecast period. Global sales of top & t-shirts currently represent close to one-fourth share of the global market in terms of revenue. Towards the end of the forecast period, more than US$ 45,400 Mn worth sports apparels are estimated to be sold globally.
Competition Tracking
Fact.MR’s report offers comprehensive information on top companies that are likely to contribute to the expansion of global sport apparel market through 2022, which include NIKE, Inc., Adidas AG, PUMA SE, Under Armour, Inc., SKECHERS USA, Inc, ASICS Corporation, Fila Korea Co Ltd., Columbia Sportswear Company, Lululemon Athletica, Inc., and Yonex Co., Ltd.
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Table Of Content
1. Global Sports Apparel Market - Executive Summary
2. Global Sports Apparel Market Overview
2.1. Introduction
2.1.1. Global Sports Apparel Market Taxonomy
2.1.2. Global Sports Apparel Market Definition
2.2. Global Sports Apparel Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Sports Apparel Market Y-o-Y Growth
2.3. Global Sports Apparel Market Dynamics
2.4. Cost Structure Analysis
2.5. Trade Outlook
2.6. Value Chain Assessment and Profitability Margins
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region
3. Global Sports Apparel Market Analysis and Forecast By Product Type
3.1. Global Sports Apparel Market Size and Forecast By Product Type, 2012-2022
3.1.1. Tops & T-Shirts Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Hoodies & Sweatshirts Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region
Continue…@@
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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Retail & Consumer Goods Market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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