Global Badminton Apparel By Product Type (Top Wear Badminton Apparel, Bottom Wear Badminton Apparel, Badminton Footwear and Others), Material (Badminton Apparel Made from Natural Fabric and Badminton Apparel Made from Synthetic Fabric), Distribution Channel (Online Badminton Apparel Sales and Offline Badminton Apparel Sales), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Badminton Apparel Market
The badminton apparel market is expected to be growing at a growth rate of 4.50% in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the factors responsible for fostering the growth of badminton apparel market. This rise in badminton apparel value can be attributed to the various factors such as increased focus of the product manufacturers on product innovations, growing adoption of badminton as a professional sport by youngsters, growing popularity of e-commerce platforms especially in the developing economies and increasing personal disposable income. This signifies that the badminton apparel market value would stand tall by USD 35000 million by 2028.
From the name itself, it is clear that badminton apparel is the clothing, footwear and other accessories such as shorts, shoes, t-shirts, badminton skirts and others that is worn while playing badminton. Badminton apparel is made out of different materials and is lightweight in nature.
Rising popularity of Badminton League, Premier League, Para-Badminton World Championships and others and increasing personal disposable income are the major factors fostering the growth of the market. Growth and expansion of sports industry especially in the developing economies, surge in the participation of youngsters and different kinds of sports, evolving consumer preferences for natural fabric and rise in the research and development activities are some other indirect market growth determinants. Growing penetration of e-commerce platforms, ever-rising population and rising globalization and westernization will also create lucrative and remunerative market growth opportunities in the long run.
- On the flip side, lack of awareness regarding the availability of special kind of badminton shoes will pose a major challenge to the growth of market in the long run. Fluctuations in the prices of raw materials will further derail the market growth rate. Further, a large number of alternative sports and fitness related activities will also create hindrances for the market growth rate.
This badminton apparel market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on badminton apparel market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Badminton Apparel Market Scope and Market Size
The badminton apparel market is segmented on the basis of product type, material and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product type, the badminton apparel market has been segmented into top wear badminton apparel, bottom wear badminton apparel, badminton footwear and others. Top wear badminton apparel segment is sub-segmented into badminton jackets, badminton sports bras, badminton sweatshirts, badminton track suits and badminton t-shirt and tees. Bottom Wear Badminton Apparel segment is sub-segmented into badminton pants and trousers, badminton shorts and tights and badminton skirts.
- On the basis of material, the badminton apparel market is segmented into badminton apparel made from natural fabric and badminton apparel made from synthetic fabric.
- On the basis of distribution channel, the badminton apparel market is segmented into online badminton apparel sales and offline badminton apparel sales. Online badminton apparel sales segment is sub-segmented into e-commerce and company-owned website. Offline badminton apparel sales segment is sub-segmented into speciality stores, hyper market, super market and other retailer stores.
Badminton Apparel Market Country Level Analysis
The badminton apparel market is analysed and market size insights and trends are provided by country, product type, material and distribution channel as referenced above.
The countries covered in the badminton apparel market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the badminton apparel market owing to the presence of major players in this region. Asia-Pacific region is expected to score the highest CAGR owing to the rising popularity of indoor sports, growing personal disposable income, rapid globalization, westernization, modernization and surge in the number of sports centres are some major market growth determinants for this region.
The country section of the badminton apparel market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Badminton Apparel Market Share Analysis
The badminton apparel market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to badminton apparel market.
The major players covered in the badminton apparel market report are Under Armour, Inc., ASICS Asia Pte. Ltd., adidas America Inc., Nike, Inc., New Balance, PUMA SE, SHOP4REEBOK.COM, Mizuno USA., SKECHERS., PUMA SE, Fila Inc., Amer Sports, Babolat, FZ Forza, Wilson Sporting Goods, RSL INTERNATIONAL LIMITED., Apacs Sports (M) Sdn Bhd., YONEX Co., Ltd., Karakal (Worldwide) Ltd. and ZOOT SPORTS among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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