Sports Apparel Market Size, Share, Development Status, Top Manufacturers, And Forecasts 2029


Posted June 14, 2023 by Shitalmax

Sports Apparel Market was valued at USD 171.25 Billion in 2021, and it is expected to reach USD 287.70 Billion by 2029, exhibiting a CAGR of 6.7% during the forecast period (2022-2029)

 
Sports Apparel Market Overview

The market overview focuses on analyzing the dynamics of the Sports Apparel industry, including its key players and market rivalry. The report provides revenue forecasts for the industry at the global, regional, and segment levels, with a particular emphasis on sales forecasting by segment and region. This comprehensive analysis allows for a detailed understanding of the market's current state and future trends, providing valuable insights for industry stakeholders.

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Sports Apparel Market Report Scope and Research Methodology

The report on Sports Apparel Market provides an in-depth analysis of the industry. Key highlights of the report include the market size and the growth rate. Insights of the report covers the drivers, restraints, challenges & opportunities for Sports Apparel market growth. A detailed PESTEL analysis is also included in the report. The report covers a thorough regional analysis of the Sports Apparel industry at local, regional and global level. Segment wise marker share estimation & Industry potential is also covered.

The Sports Apparel Market was analysed by region, revenue, financial status, portfolio, technological advancement adopted, and mergers and acquisitions. The new entrants & existing players in Sports Apparel market were researched for growth prospects and future business outlooks. The analysis acts as a guide for stakeholders, investors, market players and followers and new entrants with an overall view of the Sports Apparel market for formulating investment approaches and marketing tactics. Bottom-up approach was used to estimate the Sports Apparel market size.

Sports Apparel Market Regional Insights

The report provides a comprehensive examination of the factors driving growth, constraints, future prospects, and competitive landscape across all regions. The market is segmented by region into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Additionally, the report identifies the top countries in each region and provides market forecasts for each one..

Sports Apparel Market Segmentation

by Product

• Top Wear
• Bottom Wear
• Support items
The market is divided into Top Wear, Bottom Wear, and Support products based on Product Type. The market share leader and projected to reach USD 76.2 billion in 2021 is the Top Wear sector. Throughout the forecast period, this market segment is anticipated to expand at a CAGR of 5.2%.

by End-use
• Men
• Women
• Children

A major component influencing market demand is consumers' growing preference for top wear sports apparel over other top wears. Men, Women, and Children are the market segments based on End-Use. The Men end-use segment now holds the biggest market share and is anticipated to surpass it by USD 129.3 billion throughout the forecast period.

by Distribution Channel
• Online
• Offline
The market is divided into Online and Offline segments based on Distribution Channel. The Offline segment accounted for the greatest market share of xx% in 2021 and is anticipated to continue to hold the top spot in the market during the projected period by 87.98 billion. Because they sell goods from global brands like Adidas, Nike, and others, stores, hypermarkets, and specialised showrooms are becoming more and more well-liked, which is why the offline industry is expanding. Choices like discounts and free trials before purchases, as well as the advantage of instant gratification, are credited with the segment's rise.

Sports Apparel Market Key Players

• Nike Inc.
• Fila
• Lululemon Athletica Inc.
• New Balance
• Under Armour Inc.
• Columbia Sportswear Company
• Puma Se
• Adidas AG
• Umbro
• Ralph Lauren Corporation
• Anta International Group Holdings Ltd.
• Li Ning Company Limited
• VF Corporation
• Jockey
• Lotto Spa
• Everlast Worldwide, Inc.
• Brooks Sports, Inc.
• Diadora S.p.A.
• Million Special Industries Co. Ltd.

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Key questions answered in the Sports Apparel Market are:

What is Sports Apparel ?
What are the factors driving the Sports Apparel Market growth?
What are the factors are limiting the Sports Apparel Market growth?
What was the Sports Apparel market size in 2021?
Which trends are expected to generate additional revenue for the Sports Apparel market growth?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Sports Apparel Market?
What growth strategies are the players considering to increase their foothold in the Sports Apparel Market?
Who held the largest market share in the Sports Apparel Market?
Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
About Maximize Market Research:

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Issued By MMR
Country India
Categories Business
Tags sports apparel market , sports apparel market size , sports apparel market share
Last Updated June 14, 2023