DUBLIN--(BUSINESS WIRE)--The "Global Sports Apparel Market - Growth, Trends and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
Global Sports Apparel market is estimated to witness a CAGR of 4.11% during the forecast period (2020 to 2025).
Rising health and self-consciousness, desire to lead active lifestyles and to appear fit, is encouraging consumers to incorporate sports and fitness activities into their daily routine. This increased participation has led to a change in market dynamics, leading to an increased demand for sports apparel.
The rising participation of women in professional and domestic sports and fitness activities is expected to drive the market over the forecast period. The rising crossover between sports and fashion, which had led to an increased presence of fashionable sports apparel, which is expected to further fuel the interest of women.
Companies Mentioned
- Adidas AG
- Nike, Inc.
- Puma SE
- Under Armour, Inc.
- Lululemon Athletica
- Columbia Sportswear Company
- Anta International Group Holdings Ltd.
- Li Ning Company Limited
-
VF Corporation
Key Market Trends
Rising Demand for Fashionable Sports Apparel
The demand for fashionable sports apparel is on the rise as they are versatile, convenient, trendy, and can be worn for a variety of occasions. This increased emphasis on style has been capitalized by key players in the market studied, who have introduced innovative, technically advanced products which are both comfortable and practical, to cater to this demand, which has, in turn, increased their profitability.
Asia-Pacific is the Fastest Growing Market
Asia-Pacific is the fastest-growing region in the global athletic footwear market, owing to countries such as China and India which have a higher percentage of young population. The increasing appetite for foreign brands, and rising disposable income, coupled with the desire to lead improved lifestyles are expected to positively impact the demand for sports apparel in the region. China, backed by government initiatives to encourage active participation in sports, is leading the market in the region and has the potential to surpass the United States as the leading market worldwide in the future.
Key Topics Covered:
1 INTRODUCTION
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET INSIGHT
4.1 Market Drivers
4.2 Market Restraints
4.3 Industry Attractiveness - Porter's Five Forces Analysis
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Buyers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitutes
4.3.5 Degree of Competition
5 MARKET SEGMENTATION
5.1 By Sport
5.1.1 Soccer
5.1.2 Basketball
5.1.3 Baseball
5.1.4 Others
5.2 By End-User
5.2.1 Men
5.2.2 Women
5.2.3 Children
5.3 By Distribution Channel
5.3.1 Specialty Stores
5.3.2 Supermarket/Hypermarket
5.3.3 Online Retail Stores
5.3.4 Other Distribution Channels
5.4 Geography
5.4.1 North America
5.4.2 Europe
5.4.3 Asia Pacific
5.4.4 South America
5.4.5 Middle East & Africa
6 COMPETITIVE LANDSCAPE
6.1 Most Active Companies
6.2 Most Adopted Strategies
6.3 Market Share Analysis
6.4 Company Profiles
6.4.1 Adidas AG
6.4.2 Nike, Inc.
6.4.3 Puma SE
6.4.4 Under Armour, Inc.
6.4.5 Lululemon Athletica
6.4.6 Columbia Sportswear Company
6.4.7 Anta International Group Holdings Ltd.
6.4.8 Li Ning Company Limited
6.4.9 VF Corporation
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
8 IMPACT OF COVID-19 ON THE MARKET
For more information about this report visit https://www.researchandmarkets.com/r/hsutv5
