Press release
Gym Apparel Market to be US$ 384.8 Billion by 2032 | Future Market Insights, Inc.
Gym Apparel
The sales of gym apparel have increased significantly in the recent past years owing to multiple factors. The major factor driving the gym apparel market growth is the establishment of different levels of gyms and fitness centres at several locations.
A growing trend among the younger generation to improve their physique has also raised the gym membership subscriptions exponentially and secondarily boosted the demand for gym apparel in the recent past years.
An outbreak of the Covid-19 pandemic also provided a serious impetus among the aged population to join gyms as part of their daily routine. Encouragement by public associations to visit gyms also created a new consumer base for the global gym apparel market around the world.
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Gym gear producers are introducing new innovative components into their products to meet the current demands of the burgeoning smart wear trend. Furthermore, several technological advancements aimed at boosting user performance and comfort are projected to help the gym gear business. One of the biggest breakthroughs for the rising trends in the gym gear market is the introduction of smart nanotechnology fabric.
Key Takeaways
The present value of the global gym apparel market is estimated to be around US$ 210.8 Billion in the year 2022.
The net worth of the global gym apparel market is expected to witness an absolute increment of US$ 174 Billion over the forecast period of 2022 to 2032 that may take the net worth up to US$ 384.8 Billion by the end of 2032.
Sweatshirts and tanks are the most popular product type segment of the gym apparel market share that is expected to witness the highest the growth rate of nearly 4% during the forecast period.
Online retailers or e-commerce platforms are the rapidly expanding segments for the global gym apparel market future trends on the basis of the supply chain.
Leading Companies Profiled in Gym Apparel Market are
Adidas AG
ASICS Corp
Columbia Sportswear
Dick's Sporting Goods Inc.
G-III Apparel Group Ltd.
Gildan Activewear Inc.
Hanesbrands Inc.
Nike Inc.
PUMA SE
PVH Corp
VF Corp
New Balance
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Key Segments
By Product Type:
Shirts
Pants
Shorts
Sweatshirts
Hoodies
Tank-top
Others
By Material Type:
Nylon
Wool
Polyester
Others
By Consumer Orientation:
Men
Women
Unisex
By Sales Channel:
Direct Sales
Franchised Stores
Specialty Stores
Online Retailers
Mono Brand Stores
Wholesalers or Retailers
Other Sales Channel
By Region:
North America
Latin America
Europe
Asia Pacific
Middle East and Africa (MEA)
Recent Developments in Gym Apparel Market
In September 2021, Eastbay and Champs Sports launched a new clothing brand called Eastbay Performance. This new range is designed to boost the company's prominence in compression shirts, tights, and tanks for gym junkies' training and casual wear.
Kappa is a renowned Italian clothing company and fibre producer that offers value chain services from textile mills to customers. It partnered with Hyosung to unveil its new K-spirit e-sports and gym gear collection at Tencent Global E-sports Arena in October 2020.
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Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
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