Market Snapshot:
The sports apparel market includes manufacturing of ready-to-wear apparel and custom apparel from which types of apparel are women’s wear, men’s wear and kids wear. The different types of fibres are polyester, cotton and others which are used for manufacturing. E-commerce growth has shown a positive impact on this market and also latest health conscious mind-set is showing great opportunities. The technological advancements and smart apparel are talk of the town and raising more awareness and interest for younger generations. Major factors which are challenging in this market are different government regulations and also the climate change due to different manufacturing techniques the sustainability goals which are set by different countries are effecting sports apparel manufacturers.
Highlights from Sports Apparel Online Retailing Market Study
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The key Vendors profiled in the report are Nike (United States), Adidas (Germany), Puma (Germany), Under Armour (United States), New Balance (United States), Lululemon Athletica (Canada), Asics (Japan), Columbia Sportswear. (United States), Fila (South Korea) and Authentic Brands (United States).
Geographic Breakdown and Segment Analysis
The Global Sports Apparel Online Retailing market presents a comprehensive analysis of the Sports Apparel Online Retailing market by product type (Amateur sports and Professional Athlete), by end-user/application (Professional Athletic and Amateur Sports), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Sports Apparel Online Retailing industry. Investors and Vendors can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Sports Apparel Online Retailing market
Analyst at AMA have segmented the market study of Global Sports Apparel Online Retailing market by Type, Application and Region.
Influencing Trend:
Rising adoption of smarts footwear. and People looking for more comfort in terms of sportswear has given rise to leisure sportswear.
Market Growth Drivers:
Rising number of female participation is driving the growth of sports apparel market. and Easy convenience of internet and better E-commerce services with better offers are major contributors for growth.
Challenges:
Maintaining sustainability in production is a major challenge for sports industry considering the process what needs to be followed for production of any sports apparel.
Restraints:
Rise in number of counterfeit products hampers the market.
Opportunities:
Increase in health conscious mind-sets of people and many people adopting gym or yoga for fitness is an opportunity for growth.
Market Developments Activities:
After 26 years German sportswear brand Adidas has sold Reebok to Authentic Brands Group for 4 billion.
The shoe when worn did break the two hour barrier for a marathon on May 6th 2017 was made by Nike and now Nike has announced to launch the successor to it called as ZoomX AlphaFly NEXT% 2
Regulatory Insights:
The Flammable Fabrics Act (FFA), also known as 16 CFR (Code of Federal Regulation) Part 1610, is enforced by the CPSC and establishes flammability requirements for potentially highly flammable clothing, including sportswear manufactured or imported into the US.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Key Target Audience
Sports Apparel Manufacturers, New Entrants and Investors, Cleaning Mops Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others