The Global Running Apparel Market, 2018-2023: Analysis by Product Type, Apparel Type, Distribution Channel and Geography - ResearchAndMarkets.com

DUBLIN--()--The "Running Apparel Market - Segmented by Product Type (Men, Women, Unisex), by Apparel Type (Clothing, Shoes, Others) by Distribution Channel (Offline Channel, Online Channel) and Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The global running apparel market is has witnessed many new innovation with respect to technology. Changing preferences of consumers with regards to comfort and style have resulted in the increase in the demand for customized running shoes in the running apparels market.

With these key factors, the global running apparel market is expected to grow at a rate of 6.6% during the forecast period, 2018-2023.

Fabrics used for running apparel have been developing considerably in terms of their breathability, weight and smart designs so as to increase the performance of the runner in extreme conditions. Increase in government initiative in various countries to improve the sport participation has been driving the demand for running apparels. For instance, in 2018, the Government of Australia is planning to invest USD 230 million in sport and physical activity initiatives over next five years.

There is a massive growth in the participation of women running these days which have a huge influence on the type and range of apparels, leading to rise in the popularity of women running apparels.

Sweat and water proof running clothes is expected to drive the running apparels market for clothes over the forecast period. Manufacture of key sports brands like Nike and Adidas are using eco-friendly products such as organic cotton, recycled rubber, plastic materials, and water-based adhesives.

Offline channel dominates the running apparel market with a significant market share and it also expected to remain so over the forecast period.

The market is highly dominated by the key players such as Adidas, Nike, VF Corp, Under Armour, and Gildan holding a considerable market share in the global running apparel market. Key players are highly investing on R&D activities for better comfort and quality of running apparels. This has led them to gain competitive advantage over other players in the global running apparel market.

Developments in the Market

  • Gildan.com plans to expand the label's sales to the United Kingdom and then on to Europe, Canada and later Japan. This expansion is aimed at gaining higher sales revenue and reach USD 100 million by the end of 2018.

Topics Covered

1. Introduction

2. Market Insights

3. Market Dynamics

4. Market Segmentation

5. Regional Analysis

6. Competitive Landscape

7. Company Profiles

  • Nike Inc.
  • Adidas Inc.
  • The North Face - a VF Company
  • Under Armour Inc.
  • Puma
  • Columbia Sportswear Company
  • Anta.com
  • ASICS America Corporation
  • Amer Sports
  • Gildan.com

For more information about this report visit https://www.researchandmarkets.com/research/v57n43/the_global?w=4

Contacts

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Related Topics: Sportswear

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Sportswear