Tennis Wear Market Research Report 2022-2028 | Share, Global Trends, Key Players, Growth Analysis to 2028

The global tennis wear market is anticipated to grow at a CAGR of 2.8% during the forecast period (2022-2028). Furthermore, an increase in fitness consciousness among consumers and a rapid rise in per capita disposable income are expected to drive demand for tennis wear market. Moreover, the trend of sports apparel among young sports enthusiasts, as well as advancements in the formulation of tennis wear, drive market growth. However, a decline in young generation participation in tennis sports activity is impeding market growth.

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Additionally, an increase in consumer interest in leisure activities other than sports, such as movies, musical concerts, virtual gaming, and others, restrains market growth. Conversely, an increase in the participation of various organizations in donating these tennis wear market to emerging sport enthusiasts and athletes with limited financial resources is expected to provide a lucrative opportunity for market growth. Some well-known organizations that support the several type of different sports donation process include Sports Gift, Let's Play It Forward, Global Sports Foundation, and One World Play Project. Thus, an increase in the distribution of apparel and various sports via online retail platforms is expected to boost market growth.

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Moreover, the increasing and participating of government to increased awareness about the role of various sport in day to day life are propelling and encouraging people across the globe take participated and maintain well and live healthy lifestyle are such factors owing to which the participation will increase and the demand of the tennis wear is also expected to increased. North America is expected to to hold prominent share and continue to dominate the tennis wear market owing to the youth and all age group people majorly participated in the sport activities.

Moreover the presences of various industrial market players that offer various discounts and offers on the product are such other factors. Moreover, the market players are additionally, contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, in order to stay competitive in the market. For instance,

• In March 2022, Lululemon launched new tennis collection, such as footwear, mushroom bags and Olympic uniforms. It is been launched online and in select stores in North America on March 29.

• In August 2021, Tennis superstar Serena Williams and American apparel and footwear company Nike have launched the first collection featuring footwear, performance gear and street wear. This new launch I sunder the initiatives Serena Williams Design Crew (SWDC) that was established back in 2019.

• In April 2021, Adidas has launched a new tennis collection featuring new dyeing technologies that allow colors to be applied to garments earlier in the creation process that saves 60% of water and energy. It also includes Primeblue, a recycled material made from ocean plastic.

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Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Type
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape- Nike, Adidas, Under Armour, Fred Perry, ASICS, ANTA, FILA, ERKE, YONEX, LACOSTE, Nike, LINING, among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Tennis Wear Market Report by Segment
By Type
• Upper Garment
• Under Clothing
• Dress

By Application
• Youth Tennis Participation
• Core Tennis Players (10+ times a year)
• Other

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Orion Market Reports (OMR) endeavors to provide an exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and the most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

This release was published on openPR.