Thursday, March 30, 2023

Asia-Pacific Sports Apparel Market is Projected to Expand at a CAGR of 5.8% by 2028

 The asia-pacific sports apparel market is anticipated to see significant growth between 2021 and 2028. According to Data Bridge Market Research’s analysis, the market is projected to expand at a CAGR of 5.8% from 2021 to 2028 and reach USD 52,324.10 million by that time.

Sports clothing is clothing that is deliberately made to fit better, especially when engaging in strenuous exercise or leading an active lifestyle. Depending on the sport or activity the user participates in, they are produced from a variety of materials including cotton, spandex, and a number of others.

The market for sports gear is expanding as a result of rising sport sponsorships. The commercialization of counterfeit sports clothing goods is impeding the market’s expansion. The market for sports gear is expanding as a result of the large increase in participation in the various sports activities. The sports clothing market’s expansion is being hampered by the expensive cost of sports gear.

Asia-Pacific Sports Apparel Market Scope and Market Size

  • On the basis of material, the sports apparel market is segmented into natural and synthetic. In 2021, the synthetic segment is dominating due to the synthetic based material used in the manufacturing of sports apparel due to its wide benefits.
  • On the basis of type of print, the sports apparel market is segmented into water based, silicone emboss, reflective transfer, pigment, high density, foil, glitter, cracking ink, discharge, all over print, photo print and others. In 2021, the water based segment is dominating as the water-based type of printing are able to produce long lasting prints with impeccable detail along with this, water-based printing are special as well as different which is highly demanded among the consumers.

Sports Apparel Market Country Level Analysis

Sports apparel market is analysed and market size information is provided by the country, material, type of print, gender and distribution channel as referenced above.

The countries covered in Asia-Pacific sports apparel market report are Japan, China, Singapore, South Korea, Indonesia, Thailand, Philippines, Malaysia, Australia, India, rest of Asia-Pacific.

China is dominating the sports apparel market due to gaining popularity of e-commerce and increasing health awareness and gaining popularity of active lifestyles.

Get More Information@

https://www.databridgemarketresearch.com/reports/asia-pacific-sports-apparel-market

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, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to Asia-Pacific sports apparel market.

The major players covered in the report is SKECHERS USA, INC., YONEX Co., Ltd., Nike, Inc., Under Armour, Inc., ASICS Corporation, Columbia Sportswear Company, FILA Luxembourg S.a.r.l., Amer Sports,  Formative Sports, Heini Sports, Patagonia, Inc., ADIDAS AG, PUMA SE, Jockey,  Lotto Spa, Diadora S.p.A., THE NORTH FACE, A VF COMPANY other players domestic and global. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.


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