Sports Apparel Market

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

  • Report ID: CG-3095
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 175
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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.

Sports Apparel Market key takeaways

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.

Attributes

Details

Report Title

Sports Apparel Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

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)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

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.

Sports Apparel Market by products

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.

Sports Apparel Market by channels

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

Segments Covered in the Report:

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.

Sports Apparel Market by key players

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

Segments Covered in the Report:

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

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.

Sports Apparel Market by key players

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