
Sportswear Market
The global sportswear market size was valued at USD 193.89 billion in 2023. The market is anticipated to expand to USD 305.67 billion by 2030, exhibiting a CAGR of 6.72% over the estimated period. The rise is due to the growing popularity of the product on account of breathability and sweat-wicking capability.
Fortune Business Insightsโข provides this information in its research report, titled “Sportswear Market, 2024-2030”.
๐๐๐ญ ๐ ๐
๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐
๐๐ซ๐จ๐๐ก๐ฎ๐ซ๐:
๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐๐ง๐ญ๐ข๐จ๐ง๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐ฆ๐ฝ๐ผ๐ฟ๐๐๐๐ฒ๐ฎ๐ฟ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
โฃ Puma SE (Germany)
โฃ Umbro Ltd (U.K.)
โฃ Adidas AG (Germany)
โฃ Nike, Inc. (U.S.)
โฃ Columbia Sportswear Company (U.S.)
โฃ Under Armour, Inc. (U.S.)
โฃ Anta Sports Products Limited (U.S.)
โฃ Lululemon Athletica Inc. (Canada)
โฃ Fila Holdings Corp (South Korea)
โฃ Li Ning Company Limited (China)
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง: ๐ฆ๐ฝ๐ผ๐ฟ๐๐๐๐ฒ๐ฎ๐ฟ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐
๐๐ฝ๐ฝ๐ฎ๐ฟ๐ฒ๐น ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐ ๐๐ผ ๐๐ผ๐บ๐ถ๐ป๐ฎ๐๐ฒ ๐ผ๐ป ๐๐ฐ๐ฐ๐ผ๐๐ป๐ ๐ผ๐ณ ๐๐ถ๐ด๐ต ๐ฃ๐ฟ๐ผ๐ฑ๐๐ฐ๐ ๐๐ฒ๐บ๐ฎ๐ป๐ฑ
Based on product type, the market is subdivided into apparel, footwear, and wearables. The apparel segment is poised to account for a dominating share in the market. This is due to the escalating product demand in numerous activities such as tennis, basketball, football, and others.
๐ ๐ฒ๐ป ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐ ๐๐ผ ๐๐
๐ต๐ถ๐ฏ๐ถ๐ ๐๐ผ๐ป๐๐ถ๐ฑ๐ฒ๐ฟ๐ฎ๐ฏ๐น๐ฒ ๐ฆ๐๐ฟ๐ด๐ฒ ๐๐บ๐ฝ๐ฒ๐น๐น๐ฒ๐ฑ ๐ฏ๐ ๐๐ฟ๐ผ๐๐ถ๐ป๐ด ๐๐ป๐๐ผ๐น๐๐ฒ๐บ๐ฒ๐ป๐ ๐ถ๐ป ๐ง๐ฟ๐ฒ๐ธ๐ธ๐ถ๐ป๐ด
On the basis of end-user, the market is subdivided into women, men, and children. The men segment is expected to dominate the market on account of increasing participation in outdoor activities. These include trekking, rock climbing, cycling, and others.
๐ฅ๐ฒ๐๐ฎ๐ถ๐น ๐ฆ๐๐ผ๐ฟ๐ฒ๐ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐ ๐๐ผ ๐๐
๐ต๐ถ๐ฏ๐ถ๐ ๐๐ฝ๐ฝ๐ฟ๐ฒ๐ฐ๐ถ๐ฎ๐ฏ๐น๐ฒ ๐ฆ๐๐ฟ๐ด๐ฒ ๐๐ฟ๐ถ๐๐ฒ๐ป ๐ฏ๐ ๐ฅ๐ถ๐๐ถ๐ป๐ด ๐ฃ๐ผ๐ฝ๐๐น๐ฎ๐ฟ๐ถ๐๐
Based on distribution channel, the market is segmented into retail stores and e-commerce stores. The retail stores segment is touted to depict substantial expansion throughout the forecast period. The surge is propelled by the escalating popularity of brands across the globe.
By geography, the market for sportswear is fragmented into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
๐๐ฌ๐ค ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง:
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐:
The report gives an analysis of the major factors impelling the global market scenario over the forthcoming years. It further provides an overview of the pivotal steps undertaken by leading market players for strengthening their positions in the industry. These insights have been provided after in-depth research from credible sources.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ:
๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฉ๐ฎ๐น๐๐ฒ ๐๐ผ ๐ฅ๐ถ๐๐ฒ ๐ผ๐ป ๐๐ฐ๐ฐ๐ผ๐๐ป๐ ๐ผ๐ณ ๐๐ฟ๐ผ๐๐ถ๐ป๐ด ๐๐ฒ๐บ๐ฎ๐น๐ฒ ๐ฃ๐ฎ๐ฟ๐๐ถ๐ฐ๐ถ๐ฝ๐ฎ๐๐ถ๐ผ๐ป ๐ถ๐ป ๐ฆ๐ฝ๐ผ๐ฟ๐๐ ๐๐ฐ๐๐ถ๐๐ถ๐๐ถ๐ฒ๐
The sportswear market growth is being driven by an escalation in female participation in an array of sports domains such as basketball, athletics, football, and others. The industry expansion is further impelled by the growing popularity of female sporting events such as Women’s FIH Hockey World Cup, ICC Women’s World Cup, FIFA Women’s World Cup, and others.
However, there has been an increase in counterfeit products such as leather goods, clothing, and footwear in various countries. This may hinder industry expansion to some extent.
๐๐๐ญ ๐ ๐๐ฎ๐จ๐ญ๐ ๐๐จ๐ฐ:
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
๐ก๐ผ๐ฟ๐๐ต ๐๐บ๐ฒ๐ฟ๐ถ๐ฐ๐ฎ ๐๐ผ ๐๐บ๐ฒ๐ฟ๐ด๐ฒ ๐ฃ๐ฟ๐ผ๐บ๐ถ๐ป๐ฒ๐ป๐ ๐๐บ๐ฝ๐ฒ๐น๐น๐ฒ๐ฑ ๐ฏ๐ ๐ฆ๐๐ฟ๐ด๐ถ๐ป๐ด ๐ฃ๐ฟ๐ผ๐ฑ๐๐ฐ๐ ๐๐ฒ๐ฝ๐น๐ผ๐๐บ๐ฒ๐ป๐
North America is set to emerge dominant in terms of the sportswear market share over the forecast period. The surge is propelled by the growing product adoption across the region.
The Asia Pacific market is expected to depict considerable growth throughout the projected period. The rise is driven by the escalating investment in sports by government players.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
๐๐ฒ๐ฎ๐ฑ๐ถ๐ป๐ด ๐ฃ๐น๐ฎ๐๐ฒ๐ฟ๐ ๐๐ป๐ธ ๐ฃ๐ฎ๐ฟ๐๐ป๐ฒ๐ฟ๐๐ต๐ถ๐ฝ ๐๐ฒ๐ฎ๐น๐ ๐๐ผ ๐ฆ๐๐ฟ๐ฒ๐ป๐ด๐๐ต๐ฒ๐ป ๐๐ป๐ฑ๐๐๐๐ฟ๐ ๐๐ผ๐ผ๐๐ถ๐ป๐ด
Major market participants are implementing a range of strategic deals for strengthening the positions of their businesses. These include acquisitions, merger agreements, and the rollout of new solutions. Additional steps comprise an escalation in R&D activities and collaborations.
๐๐๐๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
Sports Apparel Market
https://www.fortunebusinessinsights.com/sports-apparel-market-107401
Sports Optic Market
Sports Footwear Market
๐๐๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ:
February 2023 – Nike, Inc. launched Vaporfly 3 running shoes, which help athletes to run comfortably as they are lightweight. The launch would help the company in increasing its product line and revenue.
๐๐ผ๐ป๐๐ฎ๐ฐ๐ ๐จ๐:
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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This release was published on openPR.
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