Global Outdoor Sportswear Market to Reach USD 28.47 Billion by 2030, Growing at a 6.2% CAGR!

Global Outdoor Sportswear Market Projected to Reach $28.47 Billion by 2030

The global outdoor sportswear market is experiencing significant growth, driven by increasing participation in outdoor activities and a rising focus on health and fitness. According to Maximize Market Research, the market was valued at approximately $18.68 billion in 2023 and is expected to reach $28.47 billion by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 6.2% during the forecast period.

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Competitive Landscape

The outdoor sportswear industry is characterized by intense competition, with major players such as Nike, Adidas, Under Armour, and The North Face leading the market. These companies continually innovate and expand their product lines to meet the evolving demands of consumers.

Regional Demand Highlights

North America holds a significant share of the outdoor sportswear market, driven by a high prevalence of outdoor recreational activities and a strong consumer base. Europe also represents a substantial market share, with a growing trend towards athleisure and wellness. The Asia Pacific region is anticipated to witness the highest growth rate, attributed to increasing disposable incomes and a growing interest in outdoor sports.

Outdoor Sportswear Growth in the United States

The United States continues to be a dominant market for outdoor sportswear, fueled by a robust culture of outdoor activities and fitness. Companies like JD Sports have been expanding their presence in the U.S. market through strategic acquisitions. For instance, JD Sports is advancing its global footprint by continuing acquisitions, such as the forthcoming $1.1 billion purchase of Hibbett Sports.

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Segmentation Analysis

by Product Type

Apparel
footwear
Equipment

merchandise category, encompassing clothing, footwear, and equipment. Along with accessories like hats, gloves, and socks, the apparel category consists of shirts, coats, and pants. They are made especially for outdoor activities and offer durability and breathability along with protection from inclement weather and wetness. Hiking boots, trekking shoes, running shoes, and climbing shoes are all included in the footwear category. Features including comfort, waterproofing, stability, and grip are highlighted in this section.

by Consumer Demographics

Gender
Age
Activity levels

by Distribution Channels

Offline retail
Online Retail
Direct to consumer(D2C)

divided into two categories: online and offline retail. For outdoor sportswear, department stores and outdoor retailers have historically been important distribution outlets. These channels give customers the chance to sample and feel the goods before buying it, as well as individualized help from salespeople. The market for outdoor sportswear has been greatly impacted by the growth of e-commerce. Online platforms offer low pricing, a large selection of products with multiple options, reviews from other customers, and convenience.

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Key Market Participants:

1. Columbia (United States)
2. Helly Hansen (Norway)
3. The North Face (United States)
4. Timberland (United States)
5. Patagonia (United States)
6. SALOMON (France)
7. Peak Performance (Sweden)
8. Descente (Japan)
9. Napapijri (Italy)
10. Kathmandu (New Zealand)
11. Nike (United States)
12. Adidas (Germany)

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