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A Deep Dive into Sports And Fitness Wears Market 2025: Key Drivers, Growth Factors, and Projections 2025-2034
"What Are the Market Size and Growth Forecast for the Sports And Fitness Wears Market?The size of the sports and fitness wear market has seen a significant increase in recent times, with predictions pointing towards growth from its $71.48 billion worth in 2024 to $75.89 billion in 2025. This growth, exhibiting a compound annual growth rate (CAGR) of 6.2%, is largely due to factors such as the rise in fitness and health consciousness, the popularity of athleisure, celebrity product endorsement and influencer culture, advancements in technology, and the widespread adoption of e-commerce.
The size of the sports and fitness wear market is anticipated to experience considerable expansion in the upcoming years, projected to reach a value of $95.05 billion by 2029, growing at a compound annual growth rate (CAGR) of 5.8%. This growth during the projection period can be accredited to several factors such as sustainable and ethical operations, digital transformation, customization, the rise of emerging markets, and prevailing health and wellness trends along with the breakthroughs in performance wear. Additionally, noticeable trends during this period involve the emergence of direct-to-consumer (DTC) brands, concerted efforts on inclusivity and diversity, development of sustainable product ranges, incorporation of augmented reality (AR) and virtual reality (VR), and health assessment and fitness tracking.
What Is Contributing to the Growth of the Sports And Fitness Wears Market?
The emphasis on sports involvement is a driving factor for the growth of the sports and fitness wear market. Sports involvement pertains to individuals engaging in a myriad of sporting and physical activities, which might be organized or recreational. Sports and fitness attire offer practical perks such as performance boost, harm reduction and mental and social benefits for sportspersons. For example, in February 2023, as per the Sports & Fitness Industry Association (SFIA), a US-based industry association committed to pushing forward the sports and fitness industry, around 236.9 million Americans, which makes up to 77.6% of the population, participated in a minimum of one sport, showing a 1.9% uplift from 2021. Moreover, pickleball remains the sport witnessing the most rapid growth, with participation shooting up by about 85.7% annually and by an incredible 158.6% over the span of three years. Thus, the growing emphasis on sports involvement will stimulate the development of the sports and fitness wear market in the future.
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Which Key Market Leaders Are Driving Sports And Fitness Wears Industry Growth?
Major companies operating in the sports and fitness wears market are Nike Inc., Adidas AG, Decathlon Group, The Gap Inc., Kappa, VF Corporation, Puma SE, Anta Sports Products Limited, Lululemon Athletica Inc., Skechers USA Inc., Ralph Lauren Corporation, Hanesbrands Inc., Under Armour Inc., New Balance Athletics Inc., Li Ning Company Limited, ASICS Corporation, Columbia Sportswear Company, Deckers Outdoor Corp., Fila Holdings Corp., Wolverine World Wide Inc., Mizuno Corporation, Brooks Sports Inc., Iconix International, Reebok International Limited, Patagonia Inc., Karhu Holding BV, Umbro International Limited
What Are the Emerging Trends in the Sports And Fitness Wears Industry?
Leading firms in the sports and fitness wear sector are emphasizing the provision of personalized activewear solutions such as bespoke physical running shoes to meet individual preferences and enable unique, customized customer experiences. Physically customized running shoes are catered specifically to the customer's unique needs or preferences. ASICS Corporation, a Japanese sports apparel company, for example, unveiled its ASICS x Solana UI Collection in November 2022. This collection includes custom GT-2000 11 running shoes, made-to-order in two styles, light mode and dark mode. These shoes, designed specifically for daily activities, can be purchased worldwide using USDC on Solana Pay. This ASICS x Solana UI Collection launch aligns with ASICS' Web3 strategy, seeking to drive the global Web3 community with top-tier experiences.
What Are the Main Segments in the Sports And Fitness Wears Market?
The sports and fitness wears market covered in this report is segmented -
1) By Product: Top Wear, Bottom Wear, Support Items
2) By Application: Outdoor, Sports-Inspired, Performance
3) By End User: Men, Women
Subsegments:
1) By Top Wear: T-Shirts, Tank Tops, Jackets, Sweatshirts, Sports Bras
2) By Bottom Wear: Sports Shorts, Leggings, Track Pants, Compression Pants, Joggers
3) By Support Items: Sports Socks, Sports Shoes, Knee Or Elbow Support, Compression Sleeves, Gloves
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Which Geographic Area Leads the Sports And Fitness Wears Market?
North America was the largest region in the sports and fitness wears market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sports and fitness wears market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Sports And Fitness Wears Global Market Report?
- Market Size Analysis: Analyze the Sports And Fitness Wears Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Sports And Fitness Wears Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Sports And Fitness Wears Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Sports And Fitness Wears Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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