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Asia Pacific Sports Equipment and Apparel Market to Reach US$ 109.3 Billion by 2027, Growing at an 8.15% CAGR

07-16-2024 01:21 PM CET | Consumer Goods & Retail

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Asia Pacific Sports Equipment and Apparel Market

Asia Pacific Sports Equipment and Apparel Market

๐€๐ฌ๐ข๐š ๐๐š๐œ๐ข๐Ÿ๐ข๐œ ๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐š๐ง๐ ๐€๐ฉ๐ฉ๐š๐ซ๐ž๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐‘๐š๐ญ๐ž ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ:

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.

๐€๐ฌ๐ข๐š ๐๐š๐œ๐ข๐Ÿ๐ข๐œ ๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐š๐ง๐ ๐€๐ฉ๐ฉ๐š๐ซ๐ž๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐ƒ๐ž๐ฆ๐š๐ง๐ ๐ˆ๐ง๐œ๐ซ๐ž๐š๐ฌ๐ž ๐จ๐ซ ๐ƒ๐ž๐œ๐ซ๐ž๐š๐ฌ๐ž ๐Ÿ๐จ๐ซ ๐ฐ๐ก๐š๐ญ ๐œ๐จ๐ง๐ญ๐š๐ข๐ง๐ฌ

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.

๐†๐ซ๐š๐› ๐˜๐จ๐ฎ๐ซ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/21026/
๐€๐ฌ๐ข๐š ๐๐š๐œ๐ข๐Ÿ๐ข๐œ ๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐š๐ง๐ ๐€๐ฉ๐ฉ๐š๐ซ๐ž๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

โ™ฆ ๐›๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐“๐ฒ๐ฉ๐ž

โ€ข Equipment
โ€ข Apparel & shoes

โ™ฆ ๐›๐ฒ ๐ƒ๐ข๐ฌ๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ

โ€ข Sport Shop
โ€ข Department & Discount Stores
โ€ข Online
โ€ข 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.

โ™ฆ ๐›๐ฒ ๐’๐ฉ๐จ๐ซ๐ญ

โ€ข Winter Sport
โ€ข Football
โ€ข Tennis
โ€ข Running
โ€ข Fitness
โ€ข Other Team Sport
โ€ข 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.

๐€๐ฌ๐ข๐š ๐๐š๐œ๐ข๐Ÿ๐ข๐œ ๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐š๐ง๐ ๐€๐ฉ๐ฉ๐š๐ซ๐ž๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ƒ๐ฒ๐ง๐š๐ฆ๐ข๐œ๐ฌ: ๐–๐ก๐จ'๐ฌ ๐„๐ฑ๐ฉ๐ž๐ซ๐ข๐ž๐ง๐œ๐ข๐ง๐  ๐ญ๐ก๐ž ๐‡๐ข๐ ๐ก๐ž๐ฌ๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก?

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.

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž

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.

๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‹๐ข๐ง๐ค ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ฌ ๐‚๐ฅ๐ข๐œ๐ค ๐‡๐ž๐ซ๐ž: https://www.maximizemarketresearch.com/request-sample/21026/
๐€๐ฌ๐ข๐š ๐๐š๐œ๐ข๐Ÿ๐ข๐œ ๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐š๐ง๐ ๐€๐ฉ๐ฉ๐š๐ซ๐ž๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐œ๐จ๐ฉ๐ž ๐š๐ง๐ ๐Œ๐ž๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ:

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…๐ฎ๐ญ๐ฎ๐ซ๐ž ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค

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.

๐€๐ฌ๐ข๐š ๐๐š๐œ๐ข๐Ÿ๐ข๐œ ๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐š๐ง๐ ๐€๐ฉ๐ฉ๐š๐ซ๐ž๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

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

๐‚๐จ๐ง๐œ๐ฅ๐ฎ๐ฌ๐ข๐จ๐ง:

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.

๐“๐จ ๐š๐œ๐œ๐ž๐ฌ๐ฌ ๐ฆ๐จ๐ซ๐ž ๐œ๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง, ๐œ๐ฅ๐ข๐œ๐ค ๐ก๐ž๐ซ๐ž: https://www.maximizemarketresearch.com/market-report/asia-pacific-sports-equipment-and-apparel-market/21026/
๐“๐š๐›๐ฅ๐ž ๐จ๐Ÿ ๐‚๐จ๐ง๐ญ๐ž๐ง๐ญ๐ฌ: ๐€๐ฌ๐ข๐š ๐๐š๐œ๐ข๐Ÿ๐ข๐œ ๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐š๐ง๐ ๐€๐ฉ๐ฉ๐š๐ซ๐ž๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ
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

๐Š๐ž๐ฒ ๐ช๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐š๐ง๐ฌ๐ฐ๐ž๐ซ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐€๐ฌ๐ข๐š ๐๐š๐œ๐ข๐Ÿ๐ข๐œ ๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐š๐ง๐ ๐€๐ฉ๐ฉ๐š๐ซ๐ž๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐š๐ซ๐ž:

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?
๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

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
๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐Œ๐จ๐ซ๐ž ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

โ™ฃ Automotive Crank Trigger Market https://www.maximizemarketresearch.com/market-report/automotive-crank-trigger-market/146597/

โ™ฃ Mine Rescue Vehicle Market https://www.maximizemarketresearch.com/market-report/mine-rescue-vehicle-market/146674/

โ™ฃ Spark Plug Accessories Market https://www.maximizemarketresearch.com/market-report/spark-plug-accessories-market/146700/

โ™ฃ Mining Vehicle AC Kits Market https://www.maximizemarketresearch.com/market-report/mining-vehicle-ac-kits-market/146678/

โ™ฃ Two Wheeler Chain Sprocket Kit Market https://www.maximizemarketresearch.com/market-report/two-wheeler-chain-sprocket-kit-market/146619/

โ™ฃ Track Laying Equipment Market https://www.maximizemarketresearch.com/market-report/track-laying-equipment-market/146830/

โ™ฃ Front forks Market https://www.maximizemarketresearch.com/market-report/front-forks-market/146996/

โ™ฃ Marine Shackle Market https://www.maximizemarketresearch.com/market-report/marine-shackle-market/146900/

โ™ฃ Tipper Pads Market https://www.maximizemarketresearch.com/market-report/tipper-pads-market/146925/

โ™ฃ Global Licensed Sports Merchandise Market https://www.maximizemarketresearch.com/market-report/global-licensed-sports-merchandise-market/45228/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

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sales@maximizemarketresearch.com

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๐‘๐ž๐ ๐š๐ซ๐๐ข๐ง๐  ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

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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Project Sport
Project Sport Launches Podcast to Pioneer Positive Change Through Sport
Derby, UK - 16th October 2023. Project Sport, an organisation committed to harnessing the transformative power of sports, is excited to announce the launch of its new podcast, Wider Goals. Hosted by sports broadcaster and performance coach Matt Roberts, Wider Goals is a brand-new podcast featuring conversations with some of the world's leading pioneers, revealing key insights on how we can make the world a better place through sport. Fromโ€ฆ
Power Sport Vehicle Tire
Global Info Research announces the release of the report "Global Power Sport Vehicle Tire Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029" . The report is a detailed and comprehensive analysis presented by region and country, type and application. As the market is constantly changing, the report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across manyโ€ฆ
Padel Sports Market Set for More Growth : Everysport Media, Dunlop Sport, Head S โ€ฆ
Latest added Padel Sports Market research study by AMA Research offers detailed outlook and elaborates market review till 2027. The market Study is segmented by key regions that are accelerating the marketization. At present, the market players are strategizing and overcoming challenges of current scenario; some of the key players in the study are Wilson Sporting Goods Company (United States), Dunlop Sport (United Kingdom), Head Sport GmbH (Austria), Prince Padelโ€ฆ
Sport Footwear Market To See Stunning Growth | Fila, Under Armour, Lotto Sport
Latest research study from HTF MI on Worldwide Sport Footwear Market provides a comprehensive analysis of the Worldwide Sport Footwear. It includes the primary investigations to cover historical progress, ongoing market scenarios, and future prospects defined with an accurate data of the products, strategies and market shares of leading companies to help manufacturers locate market position. The report presents a 360-degree overview of the competitive scenario of the overall marketโ€ฆ
Water Sport Footwear Market is Booming Worldwide | Adidas, ASICS, Fila, Under Ar โ€ฆ
A new business intelligence report released by HTF MI with title "Global Water Sport Footwear Market Research Report 2019" has abilities to raise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy. The Global Water Sport Footwear Market Report offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derivedโ€ฆ