Sports Apparel Market Report

Sports Apparel Market Insights

Sports Apparel Market is likely to witness a CAGR of 4.5% during the forecast period. Growing number of participation of women in professional, domestic sports and fitness, availability of sports apparel with improved features, such as temperature control, moisture management, and other performance-boosting properties which prevent discomfort and potential injury, and increase in health and self-consciousness to live an active lifestyle, and to have physically fit appearance are the major factors driving the growth of the market during the forecast period.

Market Share Analysis

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Sports Apparel Market Share: By End-User Type

Based on the end-user type, the market is segmented as men, women, and children. The women segment is estimated to be the fastest-growing end-user type in the market owing to increase in demand for trendy and fashionable sports apparel and participation of women in sports over the forecast period. On the other hand, the men’s segment is anticipated to account for the largest share of the market owing to higher participation of men in sports during the forecast period.

Sports Apparel Market Share: By Region

In terms of regions, Asia-Pacific is estimated to be the fastest-growing region in the market during the forecast period with China and India being the major countries with higher percentage of young population. China being the leading country fueling the regional market growth by encouraging the youth population to actively participate in sports, supported by several government initiatives, and growing appetite for foreign brands, and rise in disposable income along with the desire to lead better lifestyles are some of the major factors positively influencing the market growth over the forecast period. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

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Some of the key players in the sports apparel market are-

• Adidas AG
• Anta International Group Holdings Ltd.
• Columbia Sportswear Company
• Li Ning Company Limited
• Lululemon Athletica
• Nike, Inc.
• Puma SE
• Umbro
• Under Armour, Inc.
• VF Corporation.

Market Scope & Segmentation

Sports apparel are clothes that are worn during physical activities such as during workout sessions or playing sports, which provide comfort and ease while performing any physical exercise.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The sports apparel market is segmented into the following categories.

Sports Apparel Market Size, Share, & Forecast, by Sport Type:

• Soccer (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Basketball (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Baseball Cabinet (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Sports Apparel Market Size, Share, & Forecast, by End-User Type:

• Men (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Women (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Children (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Sports Apparel Market Size, Share, & Forecast, by Distribution Channel Type:

• Specialty Stores (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Supermarket/Hypermarket (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Online Retail Stores (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Other Distribution Channels (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Sports Apparel Market Size, Share, & Forecast, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the sport types by end-user type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.