Global Sports Apparel Market by Products (Pants & Tights, Surf & Swimwear, Sweaters & Hoodies, and Tops & T-shirts), Distribution Channels (Brand Outlets, Discount Stores, E-commerce, and Supermarket/Hypermarket), End-users (Men, Women, and Children), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) Forecasts, 2021-2028
The global sports apparel market is estimated to expand at a robust CAGR during the forecast period, between 2021 and 2028. Sports apparel, often known as fitness wear, is the clothes worn while participating in fitness activities such as aerobics, weight training, swimming, jogging, and yoga. They are made to give agility and comfort while doing physical motions. Sports clothing is constructed of breathable material, which helps sweat to escape faster, allowing the person wearing it to stay fresh for long time. Polyester, microfiber, spandex, and calico are some of the most frequent materials utilized in the manufacture of these garments. Initially, sports gear was largely worn by athletes, but it has since become popular with other non-athletes and regular gym-goers.
Market Trends, Drivers, Restraints, and Opportunities:
- Increased use of fitness activities such as swimming, gym, aerobics, yoga, and running is projected to drive the market.
- Rising participation of women in fitness and sports activities fuels the sports clothing market.
- Educational institutes and government are encouraging kids to participate in sporting activities, which is fueling the market.
- Aggressive advertising and celebrity endorsements have boosted the sports apparel market.
- Desire to keep an athletic appearance while following the current fashion trends is driving the sportswear market.
- Rising disposable income is expected to drive the market.
- Fluctuating pricing of raw materials used to make garments, as well as the accessible availability of counterfeit goods, are the key barriers for the market.
- High initial investment and prices of sports gear are the primary limitations for the market expansion.
- Growth in demand for attractive and stylish sports apparel, as well as an increase in the popularity of sports apparel among youngsters, is expected to create opportunities for the sports apparel market.
Scope of the report:
The report on the sports apparel market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
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Attributes |
Details |
|
Report Title |
Sports Apparel Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2020 |
|
Historic Data |
2018–2019 |
|
Forecast Period |
2021–2028 |
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Segmentation |
Products (Pants & Tights, Surf & Swimwear, Sweaters & Hoodies, and Tops & T-shirts), Distribution Channels (Brand Outlets, Discount Stores, E-commerce, and Supermarket/Hypermarket), End-users (Men, Women, and Children) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Adidas AG; New Balance; Under Armour, Inc; FILA Inc.; Columbia Sportswear Company; Ralph Lauren Corporation; Nike, Inc.; PUMA SE; Lululemon Athletica Inc.; and Umbro |
Sports Apparel Market Segment Insights:
The tops & t-shirts segment is projected to hold significant market share
Based on products, the sports apparel market can be segmented into pants & tights, surf & swimwear, sweaters & hoodies, and tops & t-shirts. The tops & t-shirts segment is projected to hold significant market share. The number of Gen Z people and millennial coming to the gym has expanded enormously, which is contributing to increasing sales of t-shirts and tops. Furthermore, the manufacture of high-quality fabrics to boost performance is propelling the segment.
The discount stores segment is anticipated to account for a substantial share
On the basis of distribution channels, the market can be fragmented into brand outlets, discount stores, e-commerce, and supermarket/hypermarket. The discount stores segment is anticipated to account for a substantial share, due to alternatives like trials before purchase and discounts, as well as the benefit of instant satisfaction. The e-commerce segment is projected to expand at a rapid pace during the forecast period, owing to increased usage of smartphones for online shopping and growing internet penetration, which allows consumers to compare products in real-time and make informed selections.
The men segment is estimated to hold major market share
In terms of end-users, the sports apparel market can be segregated into men, women, and children. The men segment is estimated to hold major market share, due to increased male engagement in sports. The women segment expands at a robust pace in the coming years. The increased engagement of women in domestic and professional sports and fitness activities is estimated to drive the segment. The growing crossover between fashion and sports has resulted in an increasing presence of fashionable sports apparel, which is projected to increase women's interest.
North America is expected to dominate the market
In terms of regions, the market is classified as Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America is expected to dominate the market, owing to highly evolved retail system and increased acceptance of sports apparel as a result of aggressive advertising and celebrity brand endorsement. Furthermore, increased consumer spending on fitness apparel as a fashion statement contributes to the appeal of sportswear in the region.
Segments
By Products
- Pants & Tights
- Surf & Swimwear
- Sweaters & Hoodies
- Tops & T-shirts
By Distribution Channels
- Brand Outlets
- Discount Stores
- E-commerce
- Supermarket/Hypermarket
By End-users
- Men
- Women
- Children
By Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
By Key Players
- Adidas AG
- New Balance
- Under Armour, Inc
- FILA Inc.
- Columbia Sportswear Company
- Ralph Lauren Corporation
- Nike, Inc.
- PUMA SE
- Lululemon Athletica Inc.
- Umbro
Competitive Landscape
Key players in the sports apparel market include Adidas AG; New Balance; Under Armour, Inc; FILA Inc.; Columbia Sportswear Company; Ralph Lauren Corporation; Nike, Inc.; PUMA SE; Lululemon Athletica Inc.; and Umbro. These players are widely engaged in several business development activities including collaborations, agreements, mergers & acquisitions, production capacity expansion, new product launches, and partnerships to increase their market share.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Sports Apparel Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Sports Apparel Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Sports Apparel Market - Supply Chain
4.5. Global Sports Apparel Market Forecast
4.5.1. Sports Apparel Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Sports Apparel Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Sports Apparel Market Absolute $ Opportunity
5. Global Sports Apparel Market Analysis and Forecast by End Users
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by End Users
5.2.2. Y-o-Y Growth Projections by End Users
5.3. Sports Apparel Market Size and Volume Forecast by End Users
5.3.1. Men
5.3.2. Women
5.3.3. Children
5.4. Absolute $ Opportunity Assessment by End Users
5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Sports Apparel Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Sports Apparel Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Sports Apparel Demand Share Forecast, 2019-2026
7. North America Sports Apparel Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Sports Apparel Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Sports Apparel Market Size and Volume Forecast by End Users
7.4.1. Men
7.4.2. Women
7.4.3. Children
7.5. Basis Point Share (BPS) Analysis by End Users
7.6. Y-o-Y Growth Projections by End Users
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Sports Apparel Demand Share Forecast, 2019-2026
8. Latin America Sports Apparel Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Sports Apparel Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Sports Apparel Market Size and Volume Forecast by End Users
8.4.1. Men
8.4.2. Women
8.4.3. Children
8.5. Basis Point Share (BPS) Analysis by End Users
8.6. Y-o-Y Growth Projections by End Users
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Sports Apparel Demand Share Forecast, 2019-2026
9. Europe Sports Apparel Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Sports Apparel Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Sports Apparel Market Size and Volume Forecast by End Users
9.4.1. Men
9.4.2. Women
9.4.3. Children
9.5. Basis Point Share (BPS) Analysis by End Users
9.6. Y-o-Y Growth Projections by End Users
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Sports Apparel Demand Share Forecast, 2019-2026
10. Asia Pacific Sports Apparel Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Sports Apparel Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Sports Apparel Market Size and Volume Forecast by End Users
10.4.1. Men
10.4.2. Women
10.4.3. Children
10.5. Basis Point Share (BPS) Analysis by End Users
10.6. Y-o-Y Growth Projections by End Users
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Sports Apparel Demand Share Forecast, 2019-2026
11. Middle East & Africa Sports Apparel Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Sports Apparel Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Sports Apparel Market Size and Volume Forecast by End Users
11.4.1. Men
11.4.2. Women
11.4.3. Children
11.5. Basis Point Share (BPS) Analysis by End Users
11.6. Y-o-Y Growth Projections by End Users
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Sports Apparel Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Sports Apparel Market: Market Share Analysis
12.2. Sports Apparel Distributors and Customers
12.3. Sports Apparel Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Adidas AG
12.4.2. New Balance
12.4.3. Under Armour, Inc
12.4.4. FILA Inc.
12.4.5. Columbia Sportswear Company
12.4.6. Ralph Lauren Corporation
12.4.7. Nike, Inc.
12.4.8. PUMA SE
2. Assumptions and Acronyms Used
3. Research Methodology
4. Sports Apparel Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Sports Apparel Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Sports Apparel Market - Supply Chain
4.5. Global Sports Apparel Market Forecast
4.5.1. Sports Apparel Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Sports Apparel Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Sports Apparel Market Absolute $ Opportunity
5. Global Sports Apparel Market Analysis and Forecast by End Users
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by End Users
5.2.2. Y-o-Y Growth Projections by End Users
5.3. Sports Apparel Market Size and Volume Forecast by End Users
5.3.1. Men
5.3.2. Women
5.3.3. Children
5.4. Absolute $ Opportunity Assessment by End Users
5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Sports Apparel Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Sports Apparel Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Sports Apparel Demand Share Forecast, 2019-2026
7. North America Sports Apparel Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Sports Apparel Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Sports Apparel Market Size and Volume Forecast by End Users
7.4.1. Men
7.4.2. Women
7.4.3. Children
7.5. Basis Point Share (BPS) Analysis by End Users
7.6. Y-o-Y Growth Projections by End Users
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Sports Apparel Demand Share Forecast, 2019-2026
8. Latin America Sports Apparel Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Sports Apparel Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Sports Apparel Market Size and Volume Forecast by End Users
8.4.1. Men
8.4.2. Women
8.4.3. Children
8.5. Basis Point Share (BPS) Analysis by End Users
8.6. Y-o-Y Growth Projections by End Users
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Sports Apparel Demand Share Forecast, 2019-2026
9. Europe Sports Apparel Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Sports Apparel Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Sports Apparel Market Size and Volume Forecast by End Users
9.4.1. Men
9.4.2. Women
9.4.3. Children
9.5. Basis Point Share (BPS) Analysis by End Users
9.6. Y-o-Y Growth Projections by End Users
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Sports Apparel Demand Share Forecast, 2019-2026
10. Asia Pacific Sports Apparel Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Sports Apparel Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Sports Apparel Market Size and Volume Forecast by End Users
10.4.1. Men
10.4.2. Women
10.4.3. Children
10.5. Basis Point Share (BPS) Analysis by End Users
10.6. Y-o-Y Growth Projections by End Users
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Sports Apparel Demand Share Forecast, 2019-2026
11. Middle East & Africa Sports Apparel Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Sports Apparel Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Sports Apparel Market Size and Volume Forecast by End Users
11.4.1. Men
11.4.2. Women
11.4.3. Children
11.5. Basis Point Share (BPS) Analysis by End Users
11.6. Y-o-Y Growth Projections by End Users
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Sports Apparel Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Sports Apparel Market: Market Share Analysis
12.2. Sports Apparel Distributors and Customers
12.3. Sports Apparel Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Adidas AG
12.4.2. New Balance
12.4.3. Under Armour, Inc
12.4.4. FILA Inc.
12.4.5. Columbia Sportswear Company
12.4.6. Ralph Lauren Corporation
12.4.7. Nike, Inc.
12.4.8. PUMA SE
By Products
- Pants & Tights
- Surf & Swimwear
- Sweaters & Hoodies
- Tops & T-shirts
By Distribution Channels
- Brand Outlets
- Discount Stores
- E-commerce
- Supermarket/Hypermarket
By End-users
- Men
- Women
- Children
By Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
By Key Players
Key players in the sports apparel market include Adidas AG; New Balance; Under Armour, Inc; FILA Inc.; Columbia Sportswear Company; Ralph Lauren Corporation; Nike, Inc.; PUMA SE; Lululemon Athletica Inc.; and Umbro. These players are widely engaged in several business development activities including collaborations, agreements, mergers & acquisitions, production capacity expansion, new product launches, and partnerships to increase their market share.
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