Global Triathlon Clothing Market, By Type (Tri Tops, Tri Shorts, Tri Suits), Application (Men, Women), Distribution Channel (Online, Offline) - Industry Trends and Forecast to 2030.
Triathlon Clothing Market Analysis and Size
Triathlon is a sport that is a combination of swimming, cycling and running. Both men and women participate in this event that tests their stamina, endurance, strength, agility and concentration. Therefore, the event requires a proper clothing to wear that is lightweight in nature, allows flexible body movement and can withstand temperature.
Data Bridge Market Research analyses that the Global Triathlon Clothing Market which was USD 1.78 billion in 2022, would rocket up to USD 3.14 billion by 2030, and is expected to undergo a CAGR of 7.34% during the forecast period.
Increased commercialization and changing lifestyles of humans especially in the developing economies are the major factors fostering growth of the triathlon clothing market, among other during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Triathlon Clothing 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 Tons
|
|
Segments Covered
|
By Type (Tri Tops, Tri Shorts, Tri Suits), Application (Men, Women), Distribution Channel (Online, Offline)
|
|
Countries Covered
|
U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa
|
|
Market Players Covered
|
Everlast Worldwide, Inc. (U.S.), GIII Apparel Group, Ltd. (New York), Fanatics, Inc. (U.S.), shop.adidas.co.in (U.S.), Under Armour, Inc. (U.S.), PUMA SE (Germany), VF Corporation (U.S.), Columbia Sportswear Company. (Oregon)
|
|
Market Opportunities
|
|
Market Definition
Triathlon is a sport that is a combination of swimming, cycling and running. Both men and women participate in this event that tests their stamina, endurance, strength, agility and concentration. Therefore, the event requires a proper clothing to wear that is lightweight in nature, allows flexible body movement and can withstand temperature.
Triathlon Clothing Market Dynamics
Drivers
- Increased commercialization and changing lifestyle.
Increased commercialization and changing lifestyles of humans especially in the developing economies are the major factors fostering growth of the triathlon clothing market. Rising awareness about the benefits of swimming and cycling and growing prevalence of obesity will further create lucrative growth opportunities for the triathlon clothing market. Growing government initiatives to promote this sport especially in the developing economies, surging number of triathletes, growing focus of the major manufacturers on technological advancements, intensifying product collection of triathlon clothing and rising popularity of triathlon competitions and championships are other important factors bolstering the triathlon clothing market growth rate.
- Growing popularity of Triathlons
The increasing popularity of triathlons as a sport has led to a rise in demand for specialized triathlon clothing. As more people participate in triathlons, the demand for performance-oriented clothing specifically designed for the sport increases
Opportunities
- Performance Enhancement
Triathletes are constantly seeking ways to improve their performance. Clothing manufacturers can focus on developing advanced fabrics and designs that enhance aerodynamics, reduce drag, improve breathability, and optimize temperature regulation. Innovative features like compression technology, moisture-wicking properties, and UV protection can also be integrated into triathlon apparel.
Restraints/Challenges
- High Costs and limited target audience.
Triathlon clothing tends to be more expensive compared to regular sportswear due to its specialized design and materials. The high cost can be a deterrent for some potential customers, especially those who are new to the sport or have budget constraints
Recent Developments
- Sept 2, 2022 Puma launches new outdoor footwear and apparel collection. The collection is rooted in trail running, as part of Run Puma’s performance collection, to offer elevated pieces made with technical materials and innovative, stay-dry features to protect against the elements.
Global Triathlon Clothing Market Scope
The triathlon clothing market is segmented on the basis of type, application, and distribution channel. The growth amongst these segments will help you analyse 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.
Type
- Tri Tops
- Tri Shorts
- Tri Suits
Application
- Men
- Women
Distribution channel
- Online
- Offline
Global Triathlon Clothing Market Regional Analysis/Insights
The global triathlon clothing market is analysed, and market size insights and trends are by type, application and distribution channel as referenced above.
The countries covered in the global triathlon clothing 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.
Europe is the fastest-growing and expected to dominate the triathlon clothing market during the forecast period owing to the increasing expenditure for research and development proficiencies and increasing participation of women in this sport especially in Germany and France.
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 like down-stream and upstream 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 Triathlon Clothing Market Share Analysis
The Global Triathlon Clothing 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 company’s focus related to the market .
Some of the major players operating in the global triathlon clothing market are:
- Everlast Worldwide, Inc. (U.S.)
- GIII Apparel Group, Ltd. (New York)
- Fanatics, Inc. (U.S.)
- shop.adidas.co.in (U.S.)
- Under Armour, Inc. (U.S.)
- PUMA SE (Germany)
- VF Corporation (U.S.)
- Columbia Sportswear Company (Oregon)
SKU-