openPR Logo
Press release

Sportwear Market is Anticipated to Witness a promising Growth of 5.3% during the forecast period till 2029 | Size, Share & Industry Analysis

12-01-2022 10:57 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: GMI Research

Sportwear Market

Sportwear Market

Analysts at GMI Research estimates that The Sportwear Market is exhibiting a CAGR of 5.3% over the upcoming years till 2029.

For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/sportswear-market-share-analysis-industry-research/

The factors driving the growth of Sportwear Market includes increasing participation of women in different sports such as basketball, football, and athletics, rising prevalence of work-related stress and obesity, growing demand for athletic shoes and improvements in the living standards. In addition, wearable devices help consumers in scheduling workout and trainings and preventing injury during heavy load sessions and integration of advanced technologies such as Artificial Intelligence (AI) and Machine Learning (ML), are some of the additional factors supplementing the market growth. Moreover, the increasing investments by leading players on research and development, growing disposable incomes and rising population growth rates, are further contributing towards the sportswear market size.

However, growth of the Sportwear Market is hindered attributed to variations in the prices of raw materials.

The prominent players operating in the market are Lululemon athletica, PUMA SE, RALPH LAUREN, Nike, Inc., Adidas, Columbia Sportswear Company, Under Armour, Umbro, Fila and New Balance, among others.

Based on Fiber, the Polyester segment is predicted to expand at a remarkable CAGR during the forecast period

Polyester materials eliminate the growth of the bacteria and is non-allergic in nature, are pushing growth of the segment.

Based on Product, the Footwear segment is projected to capture the largest market share over the forecast period

Rise in the production foam-blown polyurethane footwear and growing demand for sports and casual shoes, are propelling growth of the segment.

Based on Region, the North American region is anticipated to grow at a robust CAGR during the forecast period

Presence of the leading manufacturers such as New Balance, Nike, Inc. and, Columbia Sportswear Company, growing popularity of athletic shoes, rapid industrialization, rising population growth rates and high per capita incomes, are some of the important factors augmenting the Sportswear Market size in the North American region.

Key Development

In 2019, Adidas introduced limited Black & Grey and White & Light Grey colorway sports shoes, which were issued widely across the industry.

Market Segmentation

Segmentation by Fiber

Polyester
Polypropylene
Nylon
Cotton
Viscose Rayon

Segmentation by Product

Apparel
Footwear
Wearable Patches
Others

Segmentation by Region

Asia Pacific
China
Japan
India
Rest of APAC

North America
United States of America
Canada

Europe
United Kingdom
Germany
France
Spain
Rest of Europe

RoW
Brazil
South Africa
Saudi Arabia
UAE

About GMI Research

GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.

Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: enquiry@gmiresearch.com
Phone: Europe - +353 1 442 8820; US - +1 860 881 2270
Address: Dublin, Ireland
Website: https://www.gmiresearch.com/

Level 1, The Chase Carmanhall Road, Sandyford Industrial Estate, Dublin D18 Y3X2, Ireland

GMI Research's leadership team with extensive experience in research and consulting together with our research and domain expertise creates a strong value proposition to create solutions that addresses our clients business problems and add significant value to long lasting relationship.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Sportwear Market is Anticipated to Witness a promising Growth of 5.3% during the forecast period till 2029 | Size, Share & Industry Analysis here

News-ID: 2830470 • Views:

More Releases from GMI Research

OLED Market is projected to rise at a higher CAGR during the forecast period | S …
The OLED Market is anticipated to expand at a remarkable CAGR during the forecast period For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/global-oled-market/ The factors driving growth of the OLED Market includes increasing penetration of smartphones and gaming consoles around the world, Government policies supporting OLED lighting research, growing popularity of smart Televisions and improvements in the living standards. For instance, the revenue generated from the sales of video game consoles
3D Printed Drugs Market is growing at a CAGR of 4.2% over the forecast period | …
The 3D Printed Drugs Market is growing at a CAGR of 4.2% over the forecast period. For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/global-3d-printed-drugs-market-by-technique-type/ The factors driving growth of the 3D Printed Drugs Market includes increasing geriatric population around the world, growing demand for soluble drugs, rising prevalence of stroke, Alzheimer's disease and head and neck tumors and improvements in the living standards. For instance, the population aged 60 and
Virtual Private Cloud Market is expected to grow at a higher CAGR of 23.4% over …
The Virtual Private Cloud Market is projected to grow at a CAGR of 23.4% over the forecast period. For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/global-virtual-private-cloud-market/ The factors driving growth of the Virtual Private Cloud Market includes huge volumes of data generated across BSFI, Healthcare and Media & Entertainment industries, rising focus by companies on modernizing IT infrastructure, Government initiatives promoting digitalization, increasing number of data breaches reported around the
Pest Control Services Market is poised to grow at a robust CAGR during the forec …
The Pest Control Services Market is estimated to grow at a robust CAGR over the forecast period For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/pest-control-services-market/  The factors driving growth of market includes increasing demand for pest control services from hospitality, pharmaceutical, and food processing industries, growing focus on using biocides, rising concerns related to climate change, and improvements in the living standards. For instance, the market value of biocides worldwide was

All 5 Releases


More Releases for Sportwear

Sportswear Market Top Key Players - Nike International, Adidas AG, Puma SE, Unde …
Digital transformation is the convergence of digital technologies across multiple sectors of the enterprise, resulting in significant operational changes that affect customer value. This is one of the most important problems of the 21st century. Digital transformation in the global sportswear industry helps businesses become more efficient and expand their connections with consumers. As digital transformation has a significant impact on the sportswear sector, it is essential for businesses to
Online Sports Retailing Market 2019 Global Analysis By Key Players – Amazon.co …
WiseGuyReports.Com Publish a New Market Research Report On –“ Online Sports Retailing Market 2019 Global Analysis By Key Players – Amazon.com, Alibaba.com, Walmart, Adidas, ASICS, Columbia Sportwear, MIZUNO”. Online Sports Retailing Industry 2019 Description:- The Online Sports Retailing industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Online Sports Retailing market size to maintain the average annual growth rate of xx from xx
Global Online Sports Retailing Market 2019 Top Key Players: Nike, Adidas, PUMA, …
Summary WiseGuyReports.com adds “Online Sports Retailing Market 2019 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2024” reports to its database. This report provides in depth study of “Online Sports Retailing Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Online Sports Retailing Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an
07-30-2018 | Sports
Research N Reports
Online Sports Retailing Market Amazon, Alibaba, DICK's Sporting Goods, Walmart, …
Online Sports Retailing Market consists of different objects and gears used in any sporting activities. These includes sports apparel, sports protective equipment, sports equipment, and sports footwear. The market's revenue generates from the sales of various sports apparel, sports footwear, sports protective equipment, and sports equipment for ball sports, adventure sports, golf, fitness, and others. With the increasing demand for eco-friendly sports equipment and the strong presence of social media,
Wodee Sportswear is a professional sportswear manufacturer
Wodee Sportwear Co.Ltd is a Chinese professional sportswear supplier over 10 years. Let's introduce ourselves firstly. Company name: Wodee Sportswear Co.Ltd Location: Zhejiang, China Main products: Women's sportwear ( Sport bra and panties, t-shirt, shorts, sport leggings, sock...)                          Men's sportwear ( boxer shorts, t-shirt, sport leggings, sock...) Main market: Europe, North America, South America, Mid East... Annual output value: US$ 1 Million-US$ 5 Million Term
01-17-2018 | Sports
Research N Reports
New Research study of Online Sports Retailing Market and its detail analysis by …
Online sports retailing market consists of different objects and gears used in any sporting activities. These includes sports apparel, sports protective equipment, sports equipment, and sports footwear. The market's revenue generates from the sales of various sports apparel, sports footwear, sports protective equipment, and sports equipment for ball sports, adventure sports, golf, fitness, and others. With the increasing demand for eco-friendly sports equipment and the strong presence of social media,