Press release
Sports Apparel Market Expected To Reach USD 302.98 Billion 2032, Growing at CAGR 5.2% From 2024-2032
Sports Apparel Market
Some of the prominent players highlighted in the study include
Adidas (Germany), Nike(US), Puma (Germany), Billabong (Australia), Everlast Worldwide (US), GAP Inc (US), Fila Inc (South Korea), Lululemon Athletica Incorporation (US), New Balance Athletic Shoe, Inc (US), Decathlon (France), Amer Sports Corporation (France), Under Armour, Inc (US), Ralph Lauren Corporation (US), Umbro Ltd. (UK), Jockey International (US), Lotto Sport (Italy), Columbia Sportswear Company (US) and other major players..
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The Global Sports Apparel Market size is expected to grow from USD 202.64 Billion in 2023 to USD 302.98 Billion by 2032, at a CAGR of 5.2 % during the forecast period (2024-2032).
Sports apparel includes a wide range of clothing items like jerseys, shorts, pants, jackets, socks, and shoes, each tailored to meet the specific demands of different sports and athletic pursuits. Materials used in sports apparel are often lightweight, breathable, moisture-wicking, and stretchable to maximize comfort and mobility while also offering support and durability. Sports apparel is defined as clothing particularly designed for physical activity and sports performance. These garments are engineered to provide comfort, flexibility, and performance enhancement to athletes and sports enthusiasts during various activities.
North America is expected to grow with a significant growth rate in the sports apparel market in the forecast period.
Segmentation Analysis of the Sports Apparel Market
By Type
Shorts & Tights
Tracksuits
T-Shirts
By End-User
Men
Women
Children
By Platform
Online Stores
Offline Stores
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Sports Apparel Market Trend Analysis
Shift in Consumer Preference for Recreational Activities to Fuel Market Progress
In January 2023, Lululemon announced the launch of its new e-commerce website 'Lazada' as the athletic wear brand moves to expand its presence across Asia Pacific. The launch is for the brand's flagship store on Lazmall. In addition, this is the brand's first e-commerce partnership in Asia.
In November 2022, Nike unveiled its new web3 platform called "SWOOSH", which will be used to launch apparel and footwear for avatars. With the introduction of this new technology, the brand wanted to improve and expand its presence and reach amongst the younger generation.
Geographically, the distinctive analysis of consumption, revenue, market share, and growth rate of the subsequent areas:
• North America (U.S., Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)
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Comprehensive Offerings:
• Historical Market Size and Competitive Analysis (2017-2023)
• Historical Pricing Trends and Regional Price Curve (2017-2023)
• Sports Apparel Market Size, Share, and Forecast by Segment (2024-2032)
• Sports Apparel Market Dynamics
• Sports Apparel Market Trend Analysis
• Import and Export Analysis
• Sports Apparel Market Segmentation
• Competitive Landscape
• PESTLE Analysis
• PORTER's Five Forces Analysis
• Industry Value Chain Analysis
• Legal and Regulatory Environment by Region
• Strategic Opportunities and SWOT Analysis
• Conclusion and Strategic Recommendations
Why Invest in this Report?
-Leverage Data for Strategic Decision-Making
-Craft Expansion Strategies for Diverse Markets
-Conduct Comprehensive Competitor Analysis
-Gain Insight into Competitors' Financial Metrics
-Benchmark Against Key Competitors
-Formulate Region-Specific Growth Strategies
Get Detailed TOC and Overview of Report @ https://introspectivemarketresearch.com/reports/sports-apparels-market/
Points Covered in Table of Content of Sports Apparel Market:
Chapter 01 - Introduction
Chapter 02 - Executive Summary
Chapter 03 - Sports Apparel Market Landscape
Chapter 04 - Sports Apparel Market by Segment (xx, xx, xx) (2017-2032)
Chapter 05 - Company Profiles and Competitive Analysis
Chapter 06 - Global Sports Apparel Market by Region
Chapter 07 - Analyst Viewpoint and Conclusion
Chapter 08 - Our Thematic Research Methodology
Chapter 09 - Case Study
Chapter 10 - Appendix
Vishwanath K (PR & Marketing Manager)
Introspective Market Research Private Limited
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About us:
At Introspective Market Research Private Limited, we are a forward-thinking research consulting firm committed to driving our clients' growth and market dominance. Leveraging cutting-edge technology, big data, and advanced analytics, we provide deep insights and strategic solutions that enable our clients to stay ahead in a competitive landscape. Our expertise spans across comprehensive Market Research Reports, Holistic Market Insights, Macro-Economic Analysis, and tailored Go-to-Market (GTM) Strategies. Through our Consulting Services and AI-Driven Solutions, we empower businesses to navigate challenges and achieve their objectives. Additionally, we offer Product Design and Prototyping support and Flexible Staffing Solutions to meet evolving industry demands. Our IMR Knowledge Cluster ensures continuous learning and innovation, guiding our clients toward sustainable success.
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