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Global Sports Apparel Market - Industry Trends and Forecast to 2030

  • FMCG
  • Upcoming Report
  • Sep 2023
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Sports Apparel Market - Industry Trends and Forecast to 2030

Market Size in USD Billion

CAGR - 5.53% Diagram

Diagram Forecast Period 2022–2030
Diagram Market Size (Base Year) USD 191.55 Million
Diagram Market Size (Forecast Year) USD 294.64 Million
Diagram CAGR 5.53%

Global Sports Apparel Market, By Sport (Soccer, Basketball, Baseball, Others), Material (Natural, Synthetic), Type of Print (Water Based, Silicone Emboss, Reflective Transfer, Pigment, High Density, Foil, Glitter, Cracking Ink, Discharge, All Over Print, Photo Print, Others), Distribution Channel (E-Commerce, Supermarket/Hypermarket, Brand Outlets, Discount Stores, Others), End User (Men, Women, Children) - Industry Trends and Forecast to 2030.

Sports Apparel Market Analysis and Size

Sports apparel forms by those materials which helps to keep the player comfortable during sport. The type of material required will depend upon the intensity of the sport activity. In yoga clothing should use materials with exceptional stretch ability for easy movement which will probably require the material to be of a knitted construction. Sports apparel for long distance running will provide the wearer good comfort because it has excellent moisture wicking properties which enable sweat to transfer from the inside to the outside from the cloth.

Data Bridge Market Research analyses that the sports apparel market which was USD 191.55 million in 2022, would rocket up to USD 294.64 million by 2030, and is expected to undergo a CAGR of 5.53% during the forecast period of 2023 to 2030.   

“Soccer” dominates the category segment of the sports apparel market due to its immense worldwide popularity and the large fan and player base driving demand for soccer-related apparel.

In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.

Sports Apparel Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Sport (Soccer, Basketball, Baseball, Others), Material (Natural, Synthetic), Type of Print (Water Based, Silicone Emboss, Reflective Transfer, Pigment, High Density, Foil, Glitter, Cracking Ink, Discharge, All Over Print, Photo Print, Others), Distribution Channel (E-Commerce, Supermarket/Hypermarket, Brand Outlets, Discount Stores, Others), End-User (Men, Women, Children)

Countries Covered

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, and Rest of Middle East and Africa

Market Players Covered

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.), and Zipfy Inc, (Canada)

Market Opportunities

  1. Increase in the number of emerging markets
  2. Increasing number of product innovations for enhancing the features of apparel

Market Definition

Sportswear apparel is a clothing in which including footwear, worn for sport and others. Sport apparel specifically wear for most sports for safety or comfort reasons. Typical sport apparel include T-shirts, tracksuits, shorts, and polo shirts, and Specialized garments, included swimsuits (for swimming), ski suits (for skiing), leotards (for gymnastics), Wet suits (for diving or surfing), similarly Sports footwear include riding boots, trainers, football boots, and ice skates.

Global Sports Apparel Market Dynamics

Driver

  • Protection from Environment

Sports apparel can help to protect from the environment. During outdoor exercise in the hot summer need loose clothes and breathable fabrics. It will help keep the body cool due to this the body don't overheat. In the cold winter, put on a layer of clothes on body to keep out the cold. However, it is also used as an outer layer because it provides ventilation, so that body temperature can be easily adjusted due to these factors increase the demand of sports apparel which are expected to drive the growth of the market

Opportunity

  • Rising Popularity among Consumers for Performance-Enhancing Sports Apparel

The convenience of sports apparel with improved properties such as temperature control, moisture management, and other performance-boosting features that prevent potential injury and discomfort which has captured the interest of the consumers who have been observed to be eager to pay more for such additional aids. Growing huge number of participants in the many sports activities is also an opportunity for the growth rate of the sports apparel market

Restraints/Challenges

  • High Costs and Low Awareness

The rise in counterfeit products poses a significant challenge to the global sports apparel market as it not only undermines brand trust and reputation but also affects revenue streams, potentially harming legitimate businesses and consumers who may receive subpar or unsafe products. It can lead to lost sales, brand dilution, and potential safety risks for consumers.

This global sports apparel market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized 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 the global Sports Apparel market contact Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

  • In February 2022, Nordstrom, a prominent US retailer, has made an exclusive partnership with Tom Brady's athletic apparel brand, Brady. This collaboration positions Nordstrom as the sole physical retailer for Brady, leveraging the NFL legend's two decades of expertise to offer sports-inspired clothing that seamlessly blends high-performance features with everyday comfort

Global Sports Apparel Market Scope

The sports apparel market is segmented on the basis of sports, material, type of print, distribution channel and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Sports

  • Soccer
  • Basketball
  • Baseball
  • Others

Material

  • Natural
  • Synthetic

Type of Print

  • Water Based
  • Silicone Emboss
  • Reflective Transfer
  • Pigment
  • High Density
  • Foil
  • Glitter
  • Cracking Ink
  • Discharge
  • All Over Print
  • Photo Print
  • Others

Distribution Channel

  • E-Commerce
  • Supermarket/Hypermarket
  • Brand Outlets
  • Discount Stores
  • Others

End-User

  • Men
  • Women
  • Children

Global Sports Apparel Market Regional Analysis/Insights

The global sports apparel market is analysed and market size insights and trends are provided by sports, material, type of print, distribution channel, end-user, and others are referenced above.

The countries covered in the sports apparel market report are 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.  

North America dominates the sports apparel market because of the growing demand for sports apparel in this region. North America region leads the sports apparel market, with U.S. leading the way in this region's production and consumption of the sports apparel is increasing.

Europe region had the highest growth rate in the sports apparel market due to the huge demand for sports apparel and the advanced technology based on sports apparel are launched in this region in the forecast period.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as down-stream and up-stream value chain analysis, technical trends, and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Global Sports Apparel Market Share Analysis

The global sports apparel market competitive landscape provides details by competitors. 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 the global sports apparel market.

Some of the major players operating in the global sports apparel market are:

  • 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)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

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. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

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FREQUENTLY ASK QUESTIONS

The Sports Apparel Market will be worth USD 294.64 million by 2030.
The Sports Apparel Market growth rate is 5.53% during the forecast period.
Rising Popularity among Consumers for Performance-Enhancing Sports Apparel & Protection from Environment are the growth drivers of the Sports Apparel Market.
The ports, material, type of print, distribution channel and end-user are the factors on which the Sports Apparel Market research is based.
Nordstrom, a prominent US retailer, has made an exclusive partnership with Tom Brady's athletic apparel brand is the latest developments in the Sports Apparel Market.
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