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Outdoor Sports Apparel Market Size to Grow USD 28.7 Billion by 2032 at a CAGR of 7.5% | IMARC Group

09-23-2024 08:58 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Goup

Outdoor Sports Apparel Market Size to Grow USD 28.7 Billion

๐†๐ฅ๐จ๐›๐š๐ฅ ๐Ž๐ฎ๐ญ๐๐จ๐จ๐ซ ๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐€๐ฉ๐ฉ๐š๐ซ๐ž๐ฅ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ: ๐Š๐ž๐ฒ ๐’๐ญ๐š๐ญ๐ข๐ฌ๐ญ๐ข๐œ๐ฌ ๐š๐ง๐ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ

๐’๐ฎ๐ฆ๐ฆ๐š๐ซ๐ฒ:

โ— The global outdoor sports apparel market size reached USD 14.8 Billion in 2023.
โ— The market is expected to reach USD 28.7 Billion by 2032, exhibiting a growth rate (CAGR) of 7.5% during 2024-2032.
โ— North America leads the market, accounting for the largest outdoor sports apparel market share.
โ— Discount stores dominate the market as they attract a large customer base seeking affordable products.
โ— With increasing health awareness, outdoor activities like hiking, running, cycling, skiing, and camping are gaining popularity. These activities are believed to improve physical fitness, reduce stress, and enhance overall well-being.
โ— Fabric innovations like moisture-wicking materials, breathable membranes, and advanced insulation technologies are improving outdoor sports apparel. These fabrics enhance performance by regulating body temperature, managing moisture, and providing insulation in different weather conditions.
โ— E-commerce platforms are making outdoor sports apparel more accessible to people worldwide. Online retailers offer a vast selection of products from different brands, allowing shoppers to easily browse and purchase outdoor gear from anywhere.

๐†๐ซ๐š๐› ๐š ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/outdoor-sports-apparel-market/requestsample

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ ๐š๐ง๐ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ:

โ— ๐†๐ซ๐จ๐ฐ๐ข๐ง๐  ๐‡๐ž๐š๐ฅ๐ญ๐ก ๐š๐ง๐ ๐…๐ข๐ญ๐ง๐ž๐ฌ๐ฌ ๐€๐ฐ๐š๐ซ๐ž๐ง๐ž๐ฌ๐ฌ:

More individuals are engaging in physical activities, such as hiking, running, cycling, and various team sports, which is driving the need for specialized, high-performance clothing. This trend is further supported by the increasing popularity of outdoor workouts and adventure sports as people seek to combine fitness with nature exploration. The rise in fitness consciousness is not limited to specific demographics but spans across different age groups and genders, driven by a broader societal shift towards healthier lifestyles. Additionally, sports apparel brands are investing in research operations to innovate and manufacture gear that enhances performance, offers greater comfort, and provides better protection against the elements, thus catering to the evolving demands of fitness enthusiasts.

โ— ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐œ๐š๐ฅ ๐€๐๐ฏ๐š๐ง๐œ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ ๐ข๐ง ๐€๐ฉ๐ฉ๐š๐ซ๐ž๐ฅ ๐…๐š๐›๐ซ๐ข๐œ:

Modern sportswear is being manufactured using advanced materials that offer superior functionality, including moisture-wicking fabrics, breathable textiles, and enhanced durability. Innovations like antimicrobial treatments, ultraviolet (UV) protection, and thermal insulation are also becoming standard features in outdoor sports apparel. These technological improvements enhance the comfort and performance of athletes. Additionally, the incorporation of smart textiles, which can monitor physical activity and health metrics, are propelling the growth of the market.

โ— ๐‘๐ข๐ฌ๐ž ๐จ๐Ÿ ๐„-๐œ๐จ๐ฆ๐ฆ๐ž๐ซ๐œ๐ž ๐š๐ง๐ ๐ƒ๐ข๐ ๐ข๐ญ๐š๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ๐ข๐ง๐ :

Online platforms offer buyers a convenient way to browse, compare, and purchase sportswear from a wide array of brands, often accompanied by detailed product information and user reviews. This accessibility is expanding the market reach, particularly in regions where physical retail stores may be limited. Digital marketing strategies, including social media campaigns, influencer partnerships, and targeted advertising, are further increasing buyer interest and brand engagement. These platforms allow brands to connect with a broader audience, showcase the functionality and benefits of their products, and provide personalized shopping experiences.

๐€๐ฌ๐ค ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/request?type=report&id=6123&flag=C

๐Ž๐ฎ๐ญ๐๐จ๐จ๐ซ ๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐€๐ฉ๐ฉ๐š๐ซ๐ž๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐“๐ฒ๐ฉ๐ž:

โ— Top Wear
โ— Bottom Wear
โ— Others

Based on the product type, the market has been divided into top wear, bottom wear, and others.

๐๐ฒ ๐Œ๐จ๐๐ž ๐จ๐Ÿ ๐’๐š๐ฅ๐ž:

โ— Retail Stores
โ— Supermarkets
โ— Brand Outlets
โ— Discount Stores
โ— Online Stores

Discount stores hold the biggest market share due to their affordability and widespread access.

๐๐ฒ ๐„๐ง๐ ๐”๐ฌ๐ž๐ซ:

โ— Men
โ— Women
โ— Kids

Men account for the majority of the market share attributed to higher spending on sports apparel and outdoor activities.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

โ— North America (United States, Canada)
โ— Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
โ— Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
โ— Latin America (Brazil, Mexico, Others)
โ— Middle East and Africa

North America dominates the market owing to the rising demand for outdoor sports apparel and a strong presence of key industry players.

๐“๐จ๐ฉ ๐Ž๐ฎ๐ญ๐๐จ๐จ๐ซ ๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐€๐ฉ๐ฉ๐š๐ซ๐ž๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‹๐ž๐š๐๐ž๐ซ๐ฌ:

The outdoor sports apparel market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:

โ— Adidas AG
โ— Columbia Sportswear Company
โ— Cotswold Outdoor (Outdoor and Cycle Concepts Limited)
โ— L. L. Bean Inc.
โ— Lululemon athletica inc.
โ— Mizuno Corporation
โ— Mountain Warehouse Ltd.
โ— Nike Inc.
โ— Patagonia Inc.
โ— Puma SE
โ— Under Armour Inc.
โ— VF Corporation

๐ˆ๐Ÿ ๐ฒ๐จ๐ฎ ๐ซ๐ž๐ช๐ฎ๐ข๐ซ๐ž ๐š๐ง๐ฒ ๐ฌ๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ญ๐ก๐š๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐œ๐จ๐ฏ๐ž๐ซ๐ž๐ ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ž ๐ฌ๐œ๐จ๐ฉ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ž ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž ๐ญ๐ก๐ž ๐ฌ๐š๐ฆ๐ž ๐š๐ฌ ๐š ๐ฉ๐š๐ซ๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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