Compression technology in sports apparel incorporates features that offer targeted support to muscles, minimizing muscle fatigue during physical activity. The snug fit of compression garments promotes improved blood circulation, aiding in the delivery of oxygen to muscles and the removal of waste products. This enhanced circulation contributes to better athletic performance. Compression materials often provide a form of temperature regulation, helping to manage body heat during exercise. The supportive nature of compression wear also assists in reducing muscle vibration, which can contribute to injury prevention.
According to Data Bridge Market Research analyses the Global Sports Apparel Market which was USD 191.55 million in 2022, is expected to reach USD 294.64 million by 2030, and is expected to undergo a CAGR of 5.53% during the forecast period of 2023 to 2030.
"Rise in protection from the environment boosts the market growth"
Protection from the environment is a significant driver in the global sports apparel market as consumers increasingly prioritize performance-enhancing and weather-resistant features in their active wear. The demand for specialized fabrics with moisture-wicking, UV protection, and temperature regulation properties has surged, reflecting a growing awareness of the impact of environmental factors on athletic performance. Athletes and fitness enthusiasts seek apparel that shields them from adverse weather conditions, allowing them to train comfortably in various environments. This has led to innovation in materials and designs, with sportswear brands incorporating advanced technologies to provide athletes with durable and protective gear.
What restraints the growth of global sports apparel market?
“High costs associated with the market hinders its growth”
High costs in the global sports apparel market act as a significant restraint, impacting both manufacturers and consumers. Rising expenses associated with raw materials, production, and marketing contribute to increased product prices, limiting affordability for a broader consumer base. Additionally, the competitive landscape and the need for innovation drive companies to invest heavily in research and development, further elevating operational costs. Importantly, the demand for sustainable and ethically sourced materials adds an extra layer of expense.
Segmentation: Global Sports Apparel Market
The global sports apparel market is segmented on the basis of sport, material, type of print, distribution channel and end-user.
- On the basis of sport, the global sports apparel market is segmented into soccer, basketball, baseball, and others
- On the basis of material, the global sports apparel market is segmented into natural, and synthetic
- On the basis of type of print, the global sports apparel market is segmented into water based, silicone emboss, reflective transfer, pigment, high density, foil, glitter, cracking ink, discharge, all over print, photo print, and others
- On the basis of distribution channel, the global sports apparel market is segmented into e-commerce, supermarket/hypermarket, brand outlets, discount stores, and others
- On the basis of end-user, the global sports apparel market is segmented into men, women, and children
Regional Insights: North America dominates the Global Sports Apparel Market
The North America dominates the sports apparel market due to an escalating demand for athletic wear in the region. North America, particularly the U.S., holds a dominant position in both the production and consumption of sports apparel. The market's robust growth can be attributed to a widespread cultural emphasis on fitness and an active lifestyle. As the popularity of sports and fitness activities continues to rise, North America remains a key driver in the global sports apparel industry.
The Europe is expected to experience the significant growth in the market growth during the forecast period of 2023-2030 due to a surge in demand for sports-related attire. The region's dominance was further propelled by the introduction of advanced technology in sports apparel during the forecast period. Consumers' heightened interest in athletic wear, coupled with innovative technological offerings, positioned Europe as a key hub for the thriving sports apparel market.
To know more about the study visit, https://www.databridgemarketresearch.com/reports/global-sports-apparel-market
Recent Developments in Global Sports Apparel Market
- In February 2022, Nordstrom, a leading US retailer, forged an exclusive partnership with Brady, Tom Brady's athletic apparel brand. This unique collaboration establishes Nordstrom as the exclusive brick-and-mortar retailer for Brady, harnessing the NFL legend's two decades of expertise. The partnership aims to deliver sports-inspired clothing that seamlessly combines high-performance features with everyday comfort, solidifying Nordstrom's commitment to offering cutting-edge athletic wear
The Prominent Key Players Operating in the Global Sports Apparel Market Include:
- V.F. Corporation (U.S.)
- Columbia Sportswear Company (U.S.)
- Adidas (Germany)
- Amer Sports (Finland)
- DESCENTE LTD (Japan)
- Decathlon Sports India Pvt Ltd (India)
- Lafuma (France)
- Group Rossignol Inc. (U.S.)
- Volcom, LLC. (U.S.)
- SPYDER ACTIVE SPORTS (U.S.)
- Halti Global Store. (Finland)
- Under Armour Inc, (U.S.)
- BOGNER (U.S.)
- Trek Kit India (India)
- Tube Pro, Inc (Canada)
- Airhead Sports Group (U.S.)
- L.L. Bean Inc, (U.S.)
- Agit Global, Inc. (U.S.)
- Emsco Group (U.S.)
- Slippery Racer (U.S.)
- Gizmo Riders (U.S.)
- Zipfy Inc, (Canada)
Above are the key players covered in the report, to know about more and exhaustive list of global sports apparel market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Global Sports Apparel Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
