Global Sports Apparel Market By Product Type (Tops & T-Shirts, Hoodies & Sweatshirts, Jackets & Vests, Shorts, Socks, Surf & Swimwear, Pants & Tights, Others), Category (Men, Women, Children), Distribution Channel (Retail Stores, Supermarkets, Brand Outlets, Discount Stores, Online Stores), 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 2027
Market Analysis and Insights: Global Sports Apparel Market
Sports apparel market will reach an estimated valuation of USD 264.4 billion by 2027 from USD 176.25 billion in 2019, while registering this growth at a rate of 5.20% for the forecast period of 2020 to 2027. Data Bridge Market Research report on sports apparel market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
The rising health consciousness along with growing participation of individuals towards various fitness activities will help impact the sports apparel market growth in the forecast period of 2020 to 2027. The increasing focus of individuals performing physical activity, due to rising health concerns and changing eating patterns, increasing disposable income levels and rising participation in sports owing to global media coverage of important sports events are also expected to improve the market growth. On the other hand, rapid growth in the number of woman tending to sports and fitness activities will further boost ample opportunities that will lead to the growth of the sports apparel market in the above mentioned forecast period.
Availability of low quality and fake products will restrict the growth of the sports apparel market in the above mentioned forecast period.
This sports 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 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, geographical expansions, technological innovations in the market. To gain more info on sports 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 Sports Apparel Market Scope and Market Size
Sports apparel market is segmented on the basis of product type, category and distribution channel. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product type, the sports apparel market is segmented into tops & t-shirts, hoodies & sweatshirts, jackets & vests, shorts, socks, surf & swimwear, pants & tights and others.
- Based on category, the sports apparel market is segmented into men, women and children.
- Sports apparel market is segmented in terms of market value, volume, market opportunities, and niches into multiple applications. The application segment for sports apparel market includes retail stores, supermarkets, brand outlets, discount stores and online stores.
Sports Apparel Market Country Level Analysis
Sports apparel market is analyzed and market size, volume information is provided by country product type, category and distribution channel as referenced above.
The countries covered in the 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 sports apparel market due to growing health consciousness among people in the region. Asia-Pacific region is expected to hold the largest growth rate in the forecast period of 2020 to 2027 due to the better living standards and increasing disposable income of people especially in India and China.
The country section of the 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 Sports Apparel Market Share Analysis
Sports 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 sports apparel market.
The major players covered in the sports apparel market report are NIKE, Inc., Adidas AG, PUMA SE, Under Armour, Inc., Everlast Worldwide Inc., Ralph Lauren, Umbro International, Fila Luxembourg, S.a.r.L., Lululemon Athletica, Blacks Leisure Group Plc, Gap Inc., Columbia Sportswear Company, New Balance Athletic, Inc., Jockey India, Lotto Spa, SKECHERS USA, Inc, ASICS, Billabong, Old Navy, Banana Republic, Columbia Sportswear Company, and Yonex Co., Ltd. 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.
Data Bridge Market Research is a leader in consulting and 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 production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis 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 (Factbook) or can assist you in creating presentations from the data sets available in the report.