Global Sports & Fitness Clothing Market to Reach $221.3 Billion by 2026. Introduction The global sports optic market reached a value of US$ 2.13 Billion in 2021. Progressive Markets published a report, Sports Apparel Market Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025, which says that the sports apparel market is expected to grow at a CAGR of 4.55% from 2018-2025. The apparel and leather market is expected to grow to $1,379.91 billion in 2026 at a CAGR of 9.4%. Global Sportswear Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027. 14.77 %. Men contribute a higher share in the global sportswear market compare to other end-user segments. The largest share in the market will be dominated by North America. The Global Sports Apparel Market Size is expected to reach $202 billion by 2022, growing at a CAGR of 5.9% during 2016 -2022. Pune, India, Nov. 09, 2021 (GLOBE NEWSWIRE) -- Sportswear Market: According to Fortune Business Insights™, the global sportswear market size is expected to gain momentum by reaching USD 267.61 . Women's wear has long been the largest segment of the apparel market by type for decades, contributing over 55.7% of the global apparel market revenue every year. The sports apparels are majorly designed with an idea to provide comfort and agility, especially during physical movements. Global "Power Sports (Snowmobile, UTV, ATV) Market" forecast 2022-2024 research report is a professional and in-depth study on the current state focuses on the major drivers and restraints for the key players. This segment accounts for the third-highest growth rate among other women . Sports Drink Market Growth and Forecast (2022 - 2027): The Global Sports Drink Market Size was valued at USD 24.44 billion in 2021 and is likely to reach USD 32.61 billion by 2027, garnering a CAGR of above 4% during the forecast period (2022 - 2027).. Market Overview: Water has consistently been the primary ingredient in sports drinks. Value Market Research. This comprehensive market research report offers of an in-depth outlook on the Global Sports Analytics Market encompassing crucial factors such as the overall size of the global sports analytics market, in both regional and country-wise terms, as well as market share values, an analysis of recent developments and potential opportunities, sales and competitive landscape . Sportswear is dedicated to the competition of sports clothing It is usually designed according to the specific requirements of sports And sportswear also includes those clothes which are. Further, the health benefits associated with sports is also a major driver for the growth of global sports equipment market. Outdoor apparel is clothing worn outdoors, or clothing designed to be worn outside other garments, as opposed to underwear. Industry analysts at NPD predicted the global sports market will be worth $626.8 billion by 2023 — up 33% . Global Badminton Sportswear Demand Share Forecast, 2019-20269. 12. Amid the COVID-19 crisis, the global market for Sports & Fitness Clothing estimated at US$172 Billion in the year 2020, is . The market growth can be attributed to rising number of sports-event in the recent years. The growing number of inter-school/college sports events across the globe is boosting the market growth. It is projected to grow at a significant rate of CAGR over the forecasted period, 2019 to 2025. The Asia Pacific sports analytics market is anticipated to grow at the highest CAGR of 23.53% during the forecast period, 2020-2028. The global functional apparel market is expected to show significant growth in the future, owing to the growing participation in fitness and sports activities due to increased health-consciousness of the global population. The global luxury fashion market size was valued at USD 110.64 billion in 2020 and is expected to reach USD 153.97 billion by 2026 growing at a CAGR of 5.66%. Global Sportswear (Apparel and Footwear) Market Research Report 2022 with Short-term Impacts of COVID-19 on Production, Gross Margin, Size, Share, Trends and Forecasts Up to 2028 with Dominant Sectors Chapter 3, the Football Sportswear competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast. Global sports tourism market is projected to accomplish an extraordinary growth in the forecast period, 2023-2027 with an impressive CAGR. It can be worn for formal or casual occasions, or as warm clothing during winter. Industry market research reports, statistics, analysis, data, trends and forecasts. 1.01 %. Sportswear or Activewear includes apparel and footwear worn during sports or any physical exercise. Product launch and business expansion among market players, along with partnership with popular clubs and national teams for jerseys, is anticipated to drive the demand . Market share of the U.S. sports apparel and footwear market as of 2018, by company Purchase of sportswear in China in 2012, by income group Men that bought fashion and sport products online Spain 2019 The report aims to provide an overview of global sports gun market with detailed market segmentation by type, metal type, application and geography. Global Sports Betting Market for Line-In-Play, 2021-2028 (USD Billion) 14. Increasing awareness about lading a healthy lifestyle and about the health benefits of fitness activities, such as swimming, yoga, running, and aerobics are expected to drive the market. Global Badminton Sportswear Market Analysis and Forecast by Sales Channel 7.1. The global women apparel market grew at a CAGR of 4.8% during 2015-2020. Sports Sponsorship Market is valued at USD 57.00 Billion in 2020 and is expected to reach USD 89.60 Billion in 2027, growing at a CAGR of 6.72% from 2021 to 2027.. Global Athletic Footwear Market is expected to grow at a CAGR of 3.5% and is anticipated to reach around USD 120,000 Million by 2026. Athleisure Market Size & Growth 2022 - 2027: The Athleisure market was assessed at $175.4 billion in 2021 and is estimated to reach $247.3 billion by 2026, developing at a CAGR of 6.7% over the conjecture period from 2022 - 2027.. Athleisure is the trend of wearing specially designed sports training clothing that is now applicable to both gym-goers and casual wear. January 2021. Shoes still represent the main product line of Nike, but they are far from the only ones at this point. North-America has dominated the market for Global Sports Drink Market with the largest market share, accounting for astronomical amounts and is expected to grow further over its previous growth records by 2027, Asia-Pacific and RoW are the growing market for Global Sports Drink Market and are expected to grow at a substantial CAGR during 2016 . The global sportswear market is projected to grow from $170.94 billion in 2021 to $267.61 billion in 2028 at a CAGR of 6.6% in forecast period, 2021-2028 Data Bridge Market Research analyses that the market is growing at a CAGR of 5.2% in the forecast period of 2021 to 2028 and expected to reach USD 277,010.78 million by 2028. Market Analysis and Insights: Global Sports Apparel Market The sports apparel market is expected to gain market growth in the forecast period of 2021 to 2028. The global sport sponsorship is expected to grow at a significant rate due to the number of driving factors. In 2018, the men end user segment accounted for more than half of the share in the total sports apparel market, and is expected to grow at a CAGR of 4.6% throughout the forecast period. By the product type, the market for sportswear is divided into footwear, apparel, and wearable. Looking forward, IMARC Group expects the market to grow at a CAGR of 4.2% during 2021-2026. Sports Apparel Market - Overall Industry Statistics 2025. Sports apparel find importance during workout sessions or while playing sports. Sports Direct remains leader of the UK sports clothing market despite further share erosion in 2018. "The UK Sportswear Market, 2018-2023", report offers comprehensive insight and analysis of the sportswear market (including forecasts up to 2023), the major players, the main trends, and consumer attitudes. The global sports optic market reached a value of US$ 2.13 Billion in 2021. Footwear is used for covering and protecting the foot from ground textures, temperatures, and from gravel roads. Based on product type, the footwear segment held a market share of 33.27% in 2020. The global sports apparel market is anticipated to garner $267,576.3 million in the 2021 - 2028 timeframe, growing from $183,609.7 million in 2020 at a healthy CAGR of 4.8%.. Market Synopsis. Introduction 7.2.1. The combination of sportswear and fashion is the current-day trend of the global sportswear market. Global Sports Sponsorship Market is valued at USD 55 Billion in 2018 and expected to reach USD 86.60 Billion by 2025 with the CAGE of 6.72% over the forecast period. On the thought of the product, this . Introduction Athletic footwear also referred to as athletic shoes are mainly designed for sports and other outdoor and physical activities. The global sports equipment market is expected to grow at a significant rate during the forecast period owing to the increasing adoption of sports and other recreational activities by people for stress management. Global Outdoor Apparel Market is estimated to reach USD 21523.65 million by 2027, growing at a CAGR of 4.6 % between 2019 and 2027. Global Apparel Manufacturing industry trends (2016-2021) Global Apparel Manufacturing industry outlook (2021-2026) poll Average industry growth 2021-2026 : x.x lock Purchase this report or a membership to unlock the average company profit margin for this industry. Market size Estimate by Euromonitor (2021) Estimate by Marketline (2021) Top apparel retail markets Apparel retail sales by region Note: #1 According to industry estimates, the world's apparel retail market is expected to enjoy a 7.6-8.6 percent growth 2021-2022. Scaffolding is a provisional framework that . The growth of the market is attributed to the growing adoption of fitness activities in daily lifestyle and the rising affluent population. Men contribute higher share in the global sportswear market compare to other end-user segments. Chapter 4, the Football Sportswear breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2016 to 2026. Comparing the results to its competitors, Nike Inc reported Total Revenue increase in the 4 quarter 2021 by 1.01 % year on year. The global apparel and leather products market size is expected to grow from $870.37 billion in 2021 to $961.96 billion in 2022 at a compound annual growth rate (CAGR) of 10.5%. Friday, December 24th 2021, 4:51 AM EST. Market Share by Women's Apparel Product Type & Geography. 61.0% of sportswear shoppers exercise in some form at least a few times a week, however this rises among the over 55s, making it clear that there is opportunity to drive spend among mature shoppers. Global Sports Betting Market for Exchange Betting, 2021-2028 (USD Billion) 16. /PRNewswire/ -- The Sports and Fitness Wear Market value is set to grow by USD 66.06 billion, progressing at a CAGR of 4.75% from 2021 to 2026, as per the. The global motorcycle apparel market is segmented on the basis of type, application and geography. Global Military Apparel Market Research Report 2022 with Short-term Impacts of COVID-19 on Production, Gross Margin, Size, Share, Trends and Forecasts Up to 2028 with Dominant Sectors However, the annual growth rate will slow down to 4.0-5.7 percent during 2022-2024 and down further… Market Trends 7.2. Sportswear comprises hoodies, T-shirts, tennis shirts, tracksuits, shoes, and polo shirts and others. The global sportswear market is growing with rising health awareness, product invention, and attraction of athlesiure. ID:PD008052. Smart clothing, an emerging part of . Sportswear Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis) Key Drivers The robust demand for professional athletes resulting in increasing adoption of sportswear is one of the prominent drivers accelerating the growth of the global sportswear market. The global sports footwear market is projected to grow from $97.42 billion in 2021 to $134.99 billion in 2028 at a CAGR of 4.8% in forecast period, 2021-2028 Global Sportswear Market Analysis by Application: Introduction Global Badminton Sportswear Demand Share Forecast, 2019-20269. Outdoor Apparel Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031 Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. The global apparel industry is segmented by type of apparel mainly into women's wear, men's wear and kid's wear. On the basis of product type, largest revenue share of 38.2% in the global women's clothing & apparel market is accounted by tops in 2017 and is likely to maintain its dominance throughout the forecast period. More than 10 million men are involved across the globe performing yoga out of the total yoga practitioners. With a revenue nearing $45 billion now, the Oregon-based American company has been and still is quite comfortably in the lead within the global sportswear market. Looking forward, the publisher expects the market to reach a value of US$ 2.6 Billion by 2027 exhibiting a CAGR of 3.10% . Global functional apparel market expected to reach USD 280.12 billion by 2026, growing at a CAGR of 13.8% between 2019 and 2026. IBISWorld's statistic shows that as of 2022 the market size of the Global Apparel Manufacturing industry is $861.5bn an increase of 4.33% from 2021. Nike remains the biggest sportswear brand in the world. Global sport performance clothing and footwear market share in 2020, by category Number of Weibo followers for major sportswear brands China 2018 Sales revenue of leading sport brands in South . Amid the COVID-19 crisis, the global market for Sports Composites estimated at US$2.7 Billion in the year 2020, is projected to reach a revised size of US$3.7 Billion by 2026, growing at a CAGR of . North America Badminton Sportswear Market Analysis and Forecast 9.1. 4 billion by 2027, rising at a market growth of 5. The sports apparel market was valued at $167.7 billion in 2018 and is estimated to reach $248.1 billion by 2026, registering a CAGR of 5.1% from 2019 to 2026.
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