The sports apparel market was estimated to be worth USD 181.51 billion in 2021 and is anticipated to grow to USD 279.20 billion by 2029, recording a CAGR of 5.53% from 2022 to 2029. The market report created by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour in addition to market insights like market value, growth rate, market segments, geographical coverage, market players, and market scenario.
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Sports Apparel Market Dynamics
Drivers
Protection from environment
Sports Apparel can help to protect from the
environment. During outdoor exercise in the hot summer need loose clothes
and breathable fabrics. It will help keep the body cool due to this the
body don't overheat. In the cold winter, put on a layer of clothes on body to
keep out the cold. However, it is also used as an outer layer because it
provides ventilation, so that body temperature can be easily adjusted due to
these factors increase the demand of sports apparel which are expected to drive
the growth of the market.
Maintain overall performance
Sports apparel is designed in a specific way for your sport.
It can further add to your overall performance by supporting the right muscle
groups during exercising and training and by giving protection in the areas
that are mostly needed. Sports apparel also helps you perform more effectively
with less injury. Fitness sports apparel can significantly influence how your
muscles and body move during exercise and playing sports.
Opportunities
The convenience of sports apparel with improved properties
like temperature control, moisture management, and other performance-boosting
features that prevent potential injury and discomfort which has captured the
interest of the consumers who have been observed to be eager to pay more for
such additional aids. Growing huge number of participants in the many sports
activities is also an opportunity for the growth rate of the sports apparel
market. Expensive nature of sports apparels is the major challenge for the
sports apparel market. Moreover, emerging new markets and rise in
strategic collaborations will also act as market drivers and further increase
the beneficial opportunities for the market.
COVID-19 Impact on Sports Apparel Market
Growing self-consciousness and healthy lifestyle desire lead
the active and to appear fit, these reasons is encouraging the consumers to
incorporate fitness and sports activities into their everyday life routine.
During covid-19 pandemic governments imposed lockdown in several countries
which has restricted the outgoing, due to this change the interest of consumer towards
outdoor sports. This the decline in participation has change the market revenue
growth.
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Global Sports Apparel Market Scope
Sports
- Soccer
- Basketball
- Baseball
- Others
Material
- Natural
- Synthetic
Type of Print
- Water
Based
- Silicone Emboss
- Reflective
Transfer
- Pigment
- Photo
Print
- Others
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Distribution Channel
- E-Commerce
- Supermarket/Hypermarket
- Brand
Outlets
- Discount
Stores
- Others
End User
- Men
- Women
- Children
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