Press release
Sports Apparel Market: Size, Growth, Share, Trends, Competitive Landscape, Forecast To 2033
Sports Apparel Market
As per the report, the sports apparel market size has grown strongly in recent years. It will grow from $198.82 billion in 2023 to $210.58 billion in 2024 at a compound annual growth rate (CAGR) of 5.9%. The sports apparel market size is expected to see strong growth in the next few years. It will grow to $266.53 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=15478&type=smp
The Role Of Sports And Fitness Activities In Driving The Sports Apparel Market
The increasing popularity of sports and fitness activities is expected to propel the growth of the sports apparel market. Sports activities refer to physical activities that involve physical exertion, skill, and competition, often governed by rules and patterns of behavior. The popularity of sports and fitness activities is driven by their health benefits, social interaction opportunities, stress-relieving effects, personal development aspects, entertainment value, and media influence. Sports apparel plays a significant role in enhancing the performance, comfort, and safety of athletes during sports and fitness activities, contributing to a more enjoyable and effective workout experience. For instance, in February 2023, according to the Topline Participation Report by the Sports & Fitness Industry Association (SFIA), a US-based trade association of industry sports and fitness brands, the physical activity rates in the United States increased for a fifth consecutive year. Furthermore, in 2022, 77.6% of the entire American population, totaling 236.9 million individuals, participated in at least one physical activity throughout the year. The United States experienced a 1.9% increase from 2021 in overall participation rates. Therefore, the increasing popularity of sports and fitness activities is driving the growth of the sports apparel market.
Advancing Sustainability And Performance In Athletic Footwear
Major companies operating in the sports apparel market are developing and integrating innovative technologies, such as advanced foam technologies, into their sports apparel to enhance their performance and better serve customers. Advanced foam technologies involve the use of innovative foam materials and manufacturing processes to create lightweight, supportive, and protective garments for athletes. For instance, in July 2023, Nike, a US-based footwear company, unveiled ReactX, its newest installment of advanced foam technology. Nike has incorporated the updated foam into its InfinityRN 4 model running shoes to provide a higher energy return with a lower carbon footprint compared to its predecessors. This release marked a significant advancement in Nike's commitment to sustainability and performance in athletic footwear, catering to the needs of runners seeking supportive cushioning for a smooth run. ReactX is designed to reduce a pair of midsoles' carbon footprint by at least 43% through reduced energy in the production process while increasing energy return by 13%.
The sports apparel market covered in this report is segmented -
1) By Product Type: Athletic Footwear, Sports Apparel, Accessories
2) By Distribution Channel: E-Commerce, Supermarket Or Hypermarket, Brand Outlets, Discount Stores
3) By End User: Children, Men, Women
Buy Now & Get Exclusive Discount on this Report, Checkout link @ https://www.thebusinessresearchcompany.com/Discount?id=15478&type=discount
Major companies operating in the sports apparel market are Nike Inc., Adidas AG, The Gap Inc., Decathlon Group, Kappa, VF Corporation, Puma SE, Anta Sports Products Limited, Karhu Holding B.V., Skechers USA Inc., Ralph Lauren Corporation, Lululemon Athletica Inc., Hanesbrands Inc., Under Armour Inc., New Balance Athletics Inc., ASICS Corporation, The North Face Inc., Columbia Sportswear Company, Wolverine World Wide Inc., Li Ning Company Limited, Mizuno Corporation, Brooks Sports Inc., Deckers Outdoor Corp., Fila Holdings Corp., Iconix International, Reebok International Limited, Umbro International Limited
Contents of the report:
1. Executive Summary
2. Sports Apparel Market Report Structure
3. Sports Apparel Market Trends And Strategies
4. Sports Apparel Market - Macro Economic Scenario
5. Sports Apparel Market Size And Growth
…..
27. Sports Apparel Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/sports-apparel-global-market-report
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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 Sports Apparel Market: Size, Growth, Share, Trends, Competitive Landscape, Forecast To 2033 here
News-ID: 3565308 • Views: …
More Releases from The Business research company
Future Perspective: Key Factors Influencing the Intelligent Road System Market U …
The intelligent road system market is rapidly advancing as technology and infrastructure evolve to meet the demands of modern transportation. With the rise of autonomous vehicles and smart city initiatives, this sector is set to experience significant growth in the coming years. Here, we explore the market's size, leading players, key trends, and segmentation to provide a comprehensive overview of the intelligent road system landscape.
Strong Growth Outlook for the Intelligent…
Segment Analysis and Major Growth Areas in the Consumer Telematics Market
The consumer telematics market is on the brink of remarkable expansion, driven by increasing demand for vehicle monitoring and safety solutions. Advances in technology combined with growing smartphone usage and affordable data plans are setting the stage for significant market growth. Let's explore the current market size, key players, emerging trends, and detailed segment insights shaping this industry's future.
Consumer Telematics Market Size and Growth Projections
The consumer telematics market…
Worldwide Trends Overview: The Rapid Evolution of the Vehicle Diagnostics Market
The vehicle diagnostics sector is gearing up for significant expansion, driven by rapid technological advancements and evolving automotive needs. As vehicles become increasingly complex and connected, diagnostic solutions are evolving to offer more precise, efficient, and predictive capabilities. Let's explore the current market size, key players, emerging trends, and segmentation details that shape the future of this dynamic industry.
Projected Market Growth and Size of the Vehicle Diagnostics Market
The…
In-Depth Examination of Segments, Industry Trends, and Key Competitors in the El …
The electric vehicle battery swapping market is on the brink of remarkable expansion in the coming years, driven by innovative technologies and growing environmental awareness. As the demand for zero-emission vehicles intensifies, this market is set to transform how electric vehicle users recharge their batteries, promising faster, more convenient solutions. Below is a detailed look at the market's future size, key players, emerging trends, and important segments shaping its trajectory.
Strong…
More Releases for Sports
Sports Nutrition Market By Type (Sports Supplements, Sports Food, Sports Drinks, …
Global Sports Nutrition Market 2023 Research Report initially provides a basic overview of the industry that covers definition, applications and manufacturing technology, post which the report explores into the international players in the market.
Download Sample PDF at https://www.theinsightpartners.com/sample/TIPRE00006894?utm_source=OpenPR&utm_medium=10379
Key Players Analysis:
Glanbia Plc
PepsiCo Inc.
The Coca-Cola Company
LOVATE HEALTH SCIENCES
Clif Bar & Company.
BULK POWDERS
Abbott
Yakult Honsha Co., Ltd.
MUSCLEPHARM CORPORATION
GNC HOLDINGS INC
The report covers key developments in…
Sports Tourism Market to Witness Massive Growth| ITC Sports Travel, Sports Tours …
A latest study released by HTF MI on Global Sports Tourism Market covering key business segments and wide scope geographies to get deep dive analysed market data. The study is a perfect balance bridging both qualitative and quantitative information of Sports Tourism market. The study provides historical data (i.e. Volume** & Value) from 2013 to 2018 and forecasted till 2025*. Some are the key & emerging players that are BAC…
Sports Tourism Market 2019 - BAC Sport, Great Atlantic Sports Travel, ITC Sports …
Global Sports Tourism Market 2019-2023:
With the rise in Global Sports Tourism Market, the need for niche Market has grown by a staggering rate. This has resulted in a major push in the Global Sports Tourism Market Industry Market. With Global Sports Tourism Market gaining traction across the globe including the developing Markets of APAC and Africa, many software providers have jumped onto the software bandwagon to develop and provide Global…
Big Boom in Global Sports Tourism Market 2018: BAC Sport, Great Atlantic Sports …
A professional survey done by Report Consultant has formulated a report titled “Global Sports Tourism Market”, which instills a crisp idea of the influential aspects affecting the growth of the market. It gives the new entrants a clear idea of all the business strategies incorporated by the key players, which is helping them regulate their trade success. It serves a reliable business tool helping the reader to understand the global…
Sports Tourism Market Breakdown of Leading Market Player’s 2018-2022: Great At …
ReportsWeb.com has announced the addition of the “Global Sports Tourism Market Size Status and Forecast 2018-2022” The report classifies the global Sports Tourism Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
This report studies the global Sports Tourism market, analyzes and researches the Sports Tourism development status and forecast in United States, EU, Japan, China, India and Southeast…
Professional Sports Leagues Dominate U.S. Licensed Sports Merchandise Market By …
"The Report US Licensed Sports Merchandise Market: Trends, Opportunities and Forecasts (2016-2021) (By Segment - Sports Apparel, Sports Footwear, Sports Equipment -Videogames, Sporting goods and Toys; By Leagues - NFL, NBA, MLB, NHL; By Key Players - Competitive Landscape) provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"
MarketResearchReports has announced the addition of a new research report providing an executive-level blueprint…
