Market Snapshot:
Athletic apparel is a sort of clothes that people wear when they engage in physical activities such as sports, walking, jogging, and other activities. Cotton, calico, spandex, microfiber, Gore-Tex, nylon, polyester, and other fabrics are used in athletic wear to make workout sessions more pleasant, minimize sweat, and support body movements with an appropriate balance of elastic and compressing structures. Because they are enslaved to desk occupations for the majority of the day, the growing working-class population has a stronger inclination to live a sedentary lifestyle. Their regular workout is their only source of activity, which is fueling demand for workout gear and assisting in the expansion of the athletic apparel industry.
Highlights from Athletic Apparel Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The key Vendors profiled in the report are Adidas (Germany), Nike (United States), Decathlon (France), Puma (Germany), Under Armour (United States), New Balance (United States), Lululemon Athletica (Canada), Asics (Japan), Columbia (United States), Fila (South Korea) and Reebok (United States). Additionally, other players that are part of this comprehensive study are Anta (China), Lafuma (France) and Halti (Finland).
Geographic Breakdown and Segment Analysis
The Global Athletic Apparel market presents a comprehensive analysis of the Athletic Apparel market by product type (Caps, Shoes, Pants, Shirts and Others), by end-user/application (Amateurs, Professional Athletes and Others), 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 Athletic Apparel 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 Athletic Apparel market
Analyst at AMA have segmented the market study of Global Athletic Apparel market by Type, Application and Region.
Influencing Trend:
Rising Demand For Fashionable Athletic Apparel
Market Growth Drivers:
The Rising Participation Of Women In Sports And Fitness Activities Is Drive The Market
Challenges:
Availability Of Counterfeit Products and High Competition Among The Key Players
Restraints:
Fluctuating Raw Material Prices and Increasing Number Of Local Manufacturers In The Market
Opportunities:
Surge In Health Awareness And Continuing Popularity Of Fitness Activities Such As Yoga, Running, Aerobics, And Other Gym Activities and Growing The Sales Of Product Online Platform
Market Developments Activities:
In April 2021, Adidas closed the gap with Nike by acquiring Reebok. Today, it's only about half the value of Nike's brand, while less than one-third of Nike's worth. Popular in the 1980s, Reeboks Classics have been relaunched a few years ago to match the trend back to "daddy trainers."
On 30 September 2021, Global sports brand PUMA has launched Royal Challengers Bangalore (RCB) athleisure range as part of its three-year strategic partnership deal the company signed with the franchise.
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
Athletic Apparel Manufacturers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others