Press release
Sports Apparel Market to Reach USD 337.2 Billion by 2030 with 6.7% CAGR Growth
๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฉ๐ฉ๐๐ซ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ญ ๐ญ๐จ ๐๐ข๐ญ๐ง๐๐ฌ๐ฌ ๐๐๐ฆ๐๐ซ๐ค๐๐๐ฅ๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐๐ซ๐จ๐ฌ๐ฌ ๐๐๐ฒ ๐๐๐ ๐ข๐จ๐ง๐ฌThe Sports Apparel Market is experiencing a dynamic transformation with significant growth potential across various countries. The market was valued at USD 214.2 billion in 2023 and is projected to reach USD 337.2 billion by 2030, growing at a CAGR of 6.7% during the forecast period from 2024 to 2030. This press release explores the key developments, opportunities, and trends across Vietnam, Thailand, Japan, South Korea, Singapore, the US, and Europe, while highlighting recent mergers, acquisitions, and leading company updates.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ ๐ฎ๐ง๐๐จ๐ฏ๐๐ซ ๐ข๐ญ๐ฌ ๐๐จ๐ง๐ญ๐๐ง๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/83971/
๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฉ๐ฉ๐๐ซ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ข๐๐ญ๐ง๐๐ฆ:
The sports apparel market in Vietnam is witnessing exponential growth, fueled by an increasing fitness-conscious population and rising disposable incomes. Domestic and international players are investing heavily in Vietnam, with companies like Nike and Adidas expanding their retail presence. Recent collaborations between local suppliers and global brands have strengthened Vietnam's position in the supply chain for high-quality sportswear.
๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฉ๐ฉ๐๐ซ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐:
In Thailand, the market is driven by innovation and sustainability. Eco-friendly fabrics and cutting-edge designs are gaining traction among consumers. Key players like Puma and Under Armour have introduced exclusive product lines tailored to the preferences of Thai consumers. Government incentives to boost domestic manufacturing are further enhancing market competitiveness.
๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฉ๐ฉ๐๐ซ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐ฉ๐จ๐ซ๐ญ๐ฌ๐ฐ๐๐๐ซ ๐ข๐ง ๐๐๐ฉ๐๐ง:
Japan remains a lucrative market for premium sportswear. Companies like Asics and Mizuno are leveraging advanced technology and traditional craftsmanship to develop superior products. The growing popularity of fitness regimes and sports events is creating a surge in demand for performance-oriented apparel.
๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฉ๐ฉ๐๐ซ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐๐๐๐ซ๐ฌ ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐:
The sports apparel industry in South Korea is characterized by strategic mergers and acquisitions. Recent acquisitions by Fila Holdings and collaborations between local brands and international giants have resulted in market consolidation. The surge in e-commerce platforms has also provided significant growth opportunities.
๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฉ๐ฉ๐๐ซ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ง๐ฌ๐ฎ๐ฆ๐๐ซ ๐๐ซ๐๐๐๐ซ๐๐ง๐๐๐ฌ ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐:
In Singapore, the market is evolving rapidly due to changing consumer preferences and a focus on active lifestyles. Key brands like Decathlon and Reebok are introducing versatile and stylish sportswear ranges. Government-supported wellness initiatives are further propelling market growth.
๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฉ๐ฉ๐๐ซ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ญ๐ก๐ฅ๐๐ข๐ฌ๐ฎ๐ซ๐ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ:
The US sports apparel market continues to dominate globally, driven by the growing trend of athleisure. Leading companies like Lululemon Athletica and Under Armour are innovating with sustainable materials and personalized apparel options. High-profile collaborations and celebrity endorsements remain a strong driver of sales.
๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฉ๐ฉ๐๐ซ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ฎ๐ฌ๐ญ๐๐ข๐ง๐๐๐ฅ๐ ๐๐ฉ๐จ๐ซ๐ญ๐ฌ๐ฐ๐๐๐ซ ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐:
In Europe, sustainability is the dominant trend in the sports apparel market. Companies such as Adidas and Nike are leading the charge with recycled materials and zero-waste initiatives. The European Union's stringent regulations on environmental standards are influencing market dynamics positively.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐๐๐ค ๐ข๐ง๐ฌ๐ข๐๐? ๐๐ซ๐๐ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/83971/
๐๐๐๐๐ง๐ญ ๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ
๐๐๐ข๐๐๐ฌ recently partnered with Vietnamese manufacturers to scale its production capacity in the region.
๐๐ข๐ค๐ acquired a South Korean startup specializing in AI-driven apparel design.
๐๐ง๐๐๐ซ ๐๐ซ๐ฆ๐จ๐ฎ๐ซ expanded its presence in Thailand through strategic collaborations with local distributors.
๐๐ฎ๐ฆ๐ announced its entry into the Japanese e-commerce market, targeting young fitness enthusiasts.
๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฉ๐ฉ๐๐ซ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ
Increasing adoption of AI and IoT in designing personalized sportswear.
The growing trend of eco-friendly and sustainable apparel globally.
Expansion of e-commerce platforms, offering consumers access to a diverse range of products.
๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฉ๐ฉ๐๐ซ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
๐๐ ๐ท๐๐๐ ๐๐๐
Top Wear
Bottom Wear
Support items
Others
The sports apparel market is separated into three product segments: support goods, bottom wear, and top wear. With a projected value of USD 81.2 billion as of 2023 and a projected compound annual growth rate (CAGR) of 5.2% over the course of the projection period, the Top Wear category dominated. Demand for sports apparel is greatly boosted by consumers' growing preference for sportswear in the Top Wear category when compared to other popular clothing products. Products like t-shirts, sweatshirts, sports vests, and sports hoodies are included in this category.
๐๐ ๐ฌ๐๐ ๐ผ๐๐๐
Men
Women
Children
By the final user, The sports apparel market, which is divided into three segments-men, women, and children-offers an opportunity. With a projected sports apparel market value of USD 129.3 billion during the projection period, the men's segment now holds a dominant market share. Men's increased involvement in sports and physical activities, along with the growing need for fashionable yet cozy sportswear, are the main drivers of this expansion. In the meantime, the Women's category has encouraging development potential, with a projected CAGR of 7.19%. This expansion is fueled by factors including cultural changes and a rise in the number of women participating in sports, yoga, the gym, and physical activities. Since women make up a sizable share of runners, the women's category is expected to rise significantly over the next forecast period. The children's section is also adding to the potential expansion.
๐๐ ๐ซ๐๐๐๐๐๐๐๐๐๐๐ ๐ช๐๐๐๐๐๐
Online
Offline
Franchised Sports stores
Brand Outlets
Independent Sports stores
Others
๐ ๐จ๐ซ ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐จ๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ฌ๐ญ๐ฎ๐๐ฒ, ๐ง๐๐ฏ๐ข๐ ๐๐ญ๐ ๐ญ๐จ: https://www.maximizemarketresearch.com/request-sample/83971/
๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฉ๐ฉ๐๐ซ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
1. Nike Inc. (United State)
2. Decathlon Sports India Pvt Ltd (India)
3. Lululemon Athletica Inc.
4. New Balance. (United State)
5. Under Armour Inc. (Maryland)
6. V.F. Corporation (U.S.)
7. Columbia Sportswear Company (U.S.)
8. Puma Se (Germany)
9. Fila (Seoul)
10. Adidas AG (Germany)
11. Amer Sports (Finland)
12. DESCENTE LTD (Japan) Group Rossignol Inc. (U.S.)
13. Volcom, LLC. (U.S.)
14. SPYDER ACTIVE SPORTS (U.S.)
15. Halti Global Store. (Finland)
16. Under Armour Inc., (U.S.)
17. BOGNER (U.S.)
18. Trek Kit India (India)
19. Tube Pro, Inc. (Canada)
20. Airhead Sports Group (U.S.)
21. L.L. Bean Inc., (U.S.)
๐๐ง๐๐จ๐ฏ๐๐ซ ๐ ๐ซ๐จ๐ฎ๐ง๐๐๐ซ๐๐๐ค๐ข๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐๐๐ฅ๐ฏ๐ข๐ง๐ ๐ข๐ง๐ญ๐จ ๐ญ๐ก๐ ๐๐ซ๐๐ฌ๐ก๐๐ฌ๐ญ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐๐ซ๐จ๐ฆ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Global Ultrasonic Dental Scalers Market https://www.maximizemarketresearch.com/market-report/global-ultrasonic-dental-scalers-market/82873/
Global Ceramic Single Layer Capacitor Market https://www.maximizemarketresearch.com/market-report/global-ceramic-single-layer-capacitor-market/66900/
Nepheline Market https://www.maximizemarketresearch.com/market-report/nepheline-market/187688/
South America UV LED Market https://www.maximizemarketresearch.com/market-report/south-america-uv-led-market/195631/
Global Tremor Proof Devices Market https://www.maximizemarketresearch.com/market-report/global-tremor-proof-devices-market/84520/
Tile Adhesives and Stone Adhesives Market https://www.maximizemarketresearch.com/market-report/tile-adhesives-and-stone-adhesives-market/158274/
Global Health Care Social Media Marketing Market https://www.maximizemarketresearch.com/market-report/global-health-care-social-media-marketing-market/99853/
BRICS Diabetes Drugs Market https://www.maximizemarketresearch.com/market-report/brics-diabetes-drugs-market/356/
Global Non-breathable Films Market https://www.maximizemarketresearch.com/market-report/global-non-breathable-films-market/44746/
Global IV Infusion Pump Accessories Market https://www.maximizemarketresearch.com/market-report/global-iv-infusion-pump-accessories-market/106886/
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ
MAXIMIZE MARKET RESEARCH PVT. LTD.
3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
+91 9607365656
sales@maximizemarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
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 to Reach USD 337.2 Billion by 2030 with 6.7% CAGR Growth here
News-ID: 3791852 • Views: โฆ
More Releases from Maximize Market Research Pvt. Ltd.
 
                                            
                                                    Functional Brain Imaging Systems Market Key Trends, Opportunities, Revenue Analy โฆ                                                
                                            
                                        
                                            Functional Brain Imaging Systems Market was valued at US$ 4.98 Bn. in 2023, and the total functional brain imaging systems revenue is expected to grow at a CAGR of 6.8 % for the period 2024-2030, reaching nearly US$ 7.90 Bn. in 2030.
Functional Brain Imaging Systems Market Overview:
The Functional Brain Imaging Systems Market is witnessing significant growth due to increasing demand for advanced diagnostic tools in neuroscience and mental health research.โฆ  
                                        
                                     
                                            
                                                    Small-Scale Bioreactors Market Development Status, Share, Size, Trend Anlysis, C โฆ                                                
                                            
                                        
                                            The Small-Scale Bioreactors Market size was valued at USD 1.41 Billion in 2024 and the total Small-Scale Bioreactors revenue is expected to grow at a CAGR of 8.6% from 2025 to 2032, reaching nearly USD 2.73 Billion.
Small-Scale Bioreactors Market Overview:
The Small-Scale Bioreactors Market is witnessing robust growth driven by increasing demand for efficient and scalable solutions in biopharmaceutical research, process development, and academic laboratories. These systems enable rapid optimization ofโฆ  
                                        
                                     
                                            
                                                    India Microwave Oven Market Growth Forecast (2022-2029) - Expected to Reach USD  โฆ                                                
                                            
                                        
                                            India Microwave Oven Market size was valued at US$ 398.53 Bn in 2021 and the total revenue is expected to grow at 8.96% through 2022 to 2029, reaching nearly US$ 791.77 Bn.
India Microwave Oven Market Overview:
The India Microwave Oven Market is experiencing steady growth, driven by the increasing adoption of modern kitchen appliances and the rising influence of urban lifestyles. Changing food consumption patterns, growing disposable income, and a preferenceโฆ  
                                        
                                     
                                            
                                                    Glutathione Market Future Scope Analysis with Size, Trend, Opportunities, Revenu โฆ                                                
                                            
                                        
                                            The glutathione market size was valued at USD 2.58 Billion in 2024 and the total revenue is expected to grow at a CAGR of 12.87 % from 2025 to 2032, reaching nearly USD 6.8 Billion.
Glutathione Market Overview:
The Glutathione Market is witnessing robust growth driven by the increasing awareness of its powerful antioxidant properties and its rising application across pharmaceuticals, cosmetics, and nutraceuticals. Glutathione plays a vital role in detoxification, immuneโฆ  
                                        
                                    More Releases for Sports
                                                    Sports Nutrition Market By Type (Sports Supplements, Sports Food, Sports Drinks, โฆ                                                
                                            
                                        
                                            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:
ย Glanbia Plcย ย ย ย ย ย ย ย ย  ย ย ย 
PepsiCo Inc.ย ย ย ย ย ย ย  ย ย ย 
The Coca-Cola Companyย ย ย ย ย ย ย ย ย ย ย ย ย ย  ย ย ย 
LOVATE HEALTH SCIENCESย ย ย ย ย ย ย ย ย ย  ย ย ย 
Clif Bar & Company.ย ย ย ย ย ย ย  ย ย ย 
BULK POWDERS ย ย ย 
Abbottย  ย ย ย 
Yakult Honsha Co., Ltd.ย  ย ย ย 
MUSCLEPHARM CORPORATION ย ย ย 
GNC HOLDINGS INC
The report covers key developments inโฆ  
                                        
                                    
                                                    Sports Tourism Market to Witness Massive Growth| ITC Sports Travel, Sports Tours โฆ                                                
                                            
                                        
                                            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 BACโฆ  
                                        
                                    
                                                    Sports Tourism Market 2019 - BAC Sport, Great Atlantic Sports Travel, ITC Sports โฆ                                                
                                            
                                        
                                            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 ย ย ย Market Industry Market. With Global Sports Tourism ย ย ย 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 Globalโฆ  
                                        
                                    
                                                    Big Boom in Global Sports Tourism Market 2018: BAC Sport, Great Atlantic Sports  โฆ                                                
                                            
                                        
                                            A professional survey done by Report Consultant has formulated a report titled โGlobal Sports Tourism Marketโ, 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 globalโฆ  
                                        
                                    
                                                    Sports Tourism Market Breakdown of Leading Market Playerโs 2018-2022: Great At โฆ                                                
                                            
                                        
                                            ReportsWeb.com has announced the addition of the โGlobal Sports Tourism Market Size Status and Forecast 2018-2022โ 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 Southeastโฆ  
                                        
                                    
                                                    Professional Sports Leagues Dominate U.S. Licensed Sports Merchandise Market By  โฆ                                                
                                            
                                        
                                            "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 blueprintโฆ  
                                        
                                    