Press release
Asia Pacific Sports Equipment and Apparel Market to Reach US$ 109.3 Billion by 2027, Growing at an 8.15% CAGR
๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐ ๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐ง๐ ๐๐ฉ๐ฉ๐๐ซ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐๐ญ๐ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ:The Asia Pacific sports equipment and apparel market, valued at US$ 63.2 billion in 2020, is projected to surge to US$ 109.3 billion by 2027, marking a compound annual growth rate (CAGR) of 8.15% over the forecast period.
๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐ ๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐ง๐ ๐๐ฉ๐ฉ๐๐ซ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐๐๐ฆ๐๐ง๐ ๐๐ง๐๐ซ๐๐๐ฌ๐ ๐จ๐ซ ๐๐๐๐ซ๐๐๐ฌ๐ ๐๐จ๐ซ ๐ฐ๐ก๐๐ญ ๐๐จ๐ง๐ญ๐๐ข๐ง๐ฌ
Health & Fitness Awareness: The increasing awareness of health and fitness, particularly among the younger generation, is a primary driver of the market. This trend, coupled with the rising popularity of sports and fitness activities, is expected to fuel demand for sports equipment and apparel across the region.
Impact of COVID-19: The report highlights the varied impact of COVID-19 lockdowns across different regions and segments. This analysis provides a comprehensive understanding of the short-term and long-term effects on market leaders, followers, and disruptors, aiding decision-makers in formulating effective strategies.
๐๐ซ๐๐ ๐๐จ๐ฎ๐ซ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/21026/
๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐ ๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐ง๐ ๐๐ฉ๐ฉ๐๐ซ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
โฆ ๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ฒ๐ฉ๐
โข Equipment
โข Apparel & shoes
โฆ ๐๐ฒ ๐๐ข๐ฌ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง ๐๐ก๐๐ง๐ง๐๐ฅ
โข Sport Shop
โข Department & Discount Stores
โข Online
โข Others
Distribution Channels: The online segment is expected to dominate the market during the forecast period, driven by the increasing use of the internet and the growing trend of online shopping. Consumers are increasingly opting for the convenience and variety offered by online platforms.
โฆ ๐๐ฒ ๐๐ฉ๐จ๐ซ๐ญ
โข Winter Sport
โข Football
โข Tennis
โข Running
โข Fitness
โข Other Team Sport
โข Others
Sports Segments: The fitness segment is anticipated to hold the largest market share, reflecting the growing awareness and consciousness regarding health and fitness. The rising participation in fitness activities is a significant contributor to this trend.
๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐ ๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐ง๐ ๐๐ฉ๐ฉ๐๐ซ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ: ๐๐ก๐จ'๐ฌ ๐๐ฑ๐ฉ๐๐ซ๐ข๐๐ง๐๐ข๐ง๐ ๐ญ๐ก๐ ๐๐ข๐ ๐ก๐๐ฌ๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก?
Country Insights: India is projected to lead the market, supported by an increase in youth participation in sports, heightened health awareness, and a growing economy. Other key markets include China, Japan, South Korea, and Australia.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐
Strategic Initiatives: Major players in the market are undertaking strategic measures such as facility expansions and partnerships to strengthen their market position. For instance, Columbia Sportswear Company's partnership with Chogori India Retail Limited in 2013 aimed to tap into India's growing outdoor sports apparel market. Similarly, Adidas's collaboration with Bluesign Technologies in 2014 sought to enhance its global supply chain and business operations.
๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ง๐ค ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ฅ๐ข๐๐ค ๐๐๐ซ๐: https://www.maximizemarketresearch.com/request-sample/21026/
๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐ ๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐ง๐ ๐๐ฉ๐ฉ๐๐ซ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐๐จ๐ฉ๐ ๐๐ง๐ ๐๐๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ:
The report looks at elements that impact the market, like economic situations and trends. To understand better about Asia Pacific Sports Equipment and Apparel market scenarios, it uses competitive analysis and market segmentation. The report provides useful understanding and suggestions for people involved in this industry. The Asia Pacific Sports Equipment and Apparel Market Report provides a thorough examination of the Asia Pacific Sports Equipment and Apparel industry, covering market dynamics, market trends, and key players. The research approach involves gathering data from primary and secondary sources like articles, surveys, interviews, and industry reports. Growth potential, market size as well as regional insights are studied using both quantitative and qualitative research methods in this study.
๐ ๐ฎ๐ญ๐ฎ๐ซ๐ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค
The report provides a comprehensive analysis of the market dynamics, offering insights into the factors driving growth and potential challenges. The analysis includes a detailed study of key players, market trends, and future prospects, presenting a clear picture of the market's trajectory.
Market Dynamics: The study covers the impact of macroeconomic factors by country, providing a nuanced understanding of how external and internal factors could influence the market. This analysis is crucial for stakeholders looking to make informed decisions and capitalize on growth opportunities.
Strategic Analysis: The report employs tools such as PORTER, SVOR, and PESTEL analysis to evaluate the market environment. These methodologies help in understanding the competitive landscape, identifying growth trends, and assessing future prospects.
Investor's Guide: With a clear representation of competitive analysis, financial positioning, product portfolio, and growth strategies, the report serves as a valuable resource for investors. It also profiles key industry players, offering strategic perspectives and insights into their market positioning.
๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐ ๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐ง๐ ๐๐ฉ๐ฉ๐๐ซ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
Decathlon S.A.
Nike
Adidas AG
Puma SE
Under Armour Inc.
Amer Sports Corporation
ASICS Corporation
Sports Direct International Plc.
V.F. Corporation New Balance
Chogori India Retail Limited
LI-NING Company Limited
Lululemon Athetica Incorporation
Anta Sports Product Limited, Inc.
Columbia Sportswear Company
Mizuno Corporation
Performax
Piranha
Alcis
Proline
HRX
๐๐จ๐ง๐๐ฅ๐ฎ๐ฌ๐ข๐จ๐ง:
The Asia Pacific sports equipment and apparel market is set for significant growth, driven by rising health consciousness, increased sports participation, and strategic initiatives by key players. As the market evolves, stakeholders can leverage these insights to navigate the dynamic landscape and seize emerging opportunities.
๐๐จ ๐๐๐๐๐ฌ๐ฌ ๐ฆ๐จ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง, ๐๐ฅ๐ข๐๐ค ๐ก๐๐ซ๐: https://www.maximizemarketresearch.com/market-report/asia-pacific-sports-equipment-and-apparel-market/21026/
๐๐๐๐ฅ๐ ๐จ๐ ๐๐จ๐ง๐ญ๐๐ง๐ญ๐ฌ: ๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐ ๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐ง๐ ๐๐ฉ๐ฉ๐๐ซ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ
Section 01: Overview
Section 02: Report Scope for the Asia Pacific Sports Equipment and Apparel Market
Section 03: Landscape of the Asia Pacific Sports Equipment and Apparel Market
Section 04: Size of the Asia Pacific Sports Equipment and Apparel Market
Section 05: Types of Asia Pacific Sports Equipment and Apparel Market Segmentation
Section 06: Analysis of Competitive Forces
Section 07: Profile of Customers
Section 08: Geographic Analysis
Section 09: Decision-Making Framework
Section 10: Factors Driving and Hindering Growth
Section 11: Current Market Developments
Section 12: Assessment of Market Participants
Section 13: Detailed Analysis of Vendors
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐ ๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐ง๐ ๐๐ฉ๐ฉ๐๐ซ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
What is Asia Pacific Sports Equipment and Apparel?
What is the growth rate of the Asia Pacific Sports Equipment and Apparel Market?
Which are the factors expected to drive the Asia Pacific Sports Equipment and Apparel market growth?
What are the different segments of the Asia Pacific Sports Equipment and Apparel Market?
What growth strategies are the players considering to increase their presence in Asia Pacific Sports Equipment and Apparel?
What are the upcoming industry applications and trends for the Asia Pacific Sports Equipment and Apparel Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Asia Pacific Sports Equipment and Apparel Market?
Who are the leading companies and what are their portfolios in Asia Pacific Sports Equipment and Apparel Market?
What segments are covered in the Asia Pacific Sports Equipment and Apparel Market?
Who are the key players in the Asia Pacific Sports Equipment and Apparel market?
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
๐๐๐๐๐ฌ๐ฌ ๐๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
๐๐๐ ๐๐ซ๐๐ข๐ง๐ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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