Press release
Functional Apparel Market Size, Share, Development by 2023
Functional Apparel is the clothes that meet the specific requirement of users, the requirement of clothing can be different, depending on the activities that users perform. As such, there is a large market for any kind of functional wear from breathable running shirts to lightweight outdoor jackets. Functional clothing can be used in many areas to meet the multifaceted and complex requirements of the user. In this report, footwear is not included in functional apparel.
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Global Functional Apparel Market: Forecast by Type / Application / Region
China is the largest consumption place, with a consumption market share nearly 28.9% in 2017. Following China, North America is the second largest consumption place with the consumption market share of 24%.
Market competition is intense. Nike, Adidas, Under Armour, Puma, VF, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
According to this study, over the next five years the Functional Apparel market will register a 6.2% CAGR in terms of revenue, the global market size will reach US$ 404000 million by 2024, from US$ 298700 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Functional Apparel business, shared in Chapter 3.
Global Functional Apparel Market: Key Players
Nike
Adidas
Under Armor
PVH Corp.
Puma
Anta
VF Corporation
Gap
Columbia Sportswear
Perry Ellis International
Lululemon Athletica
LiNing
Sketchers
Asics Corporation
HanesBrands
Amer Sports
PEAK
Ralph Lauren
361sport
MIZUNO Corporation
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Related Information:
United States Functional Apparel Market Research Report 2018
Europe Functional Apparel Market Research Report 2018
North America Functional Apparel Market Research Report 2018
Asia-Pacific Functional Apparel Market Research Report 2018
China Functional Apparel Market Research Report 2018
EMEA Functional Apparel Market Research Report 2018
Global Functional Apparel Market Research Report 2018
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