Global Sports Bra and Underwear Market Overview:
Sports Bra and Underwear are women products that are mostly used in sport activities due to its flexibility and quality of the product. Sports Bra and Underwear market is expected to mark significant growth over forecasted period owing to beneficial for popularity of sports and the enhancement of the consciousness of bodybuilding. In addition, Sports bra is more effective in reducing breast pain and breast displacement than other bra. The major companies are adding more proven technologies systematically and strategically in Asia-Pacific countries as these countries are focused on fastest-growing verticals in the Sports events. Further, increasing demand for health consciousness expected to drive the market growth over the forecasted period.
Growth Drivers
- Increase Demand Due to Change in Life Style.
- Growing Urbanization and Sport Activities.
Market Trends
- Increasing demand of Sports Bra and Underwear in Asia-Pacific regions
Roadblocks
- Lack of Awareness Among the Customers.
- High Cost Associated With Sports Bra and Underwear.
Opportunities
- Proliferation Due to Social Media Marketing.
- Sports Bra and Underwear Market Growth with Increase of Premium Consumer.
Challenges
- Stiff Competition Between the Major Players Due to Presence Of Regional Players.
Competitive Landscape:
Some of the key players profiled in the report are Adidas (Germany), Nike (United States), Decathlon (France), New Balance (United Kingdom), Lululemon Athletica (Canada) and The North Face (United States). Additionally, following companies can also be profiled that are part of our coverage like Arc'Teryx (Canada), Asics (Japan) and Champion (France). Analyst at AMA Research see United States Vendors to retain maximum share of Global Sports Bra and Underwear market by 2026.
Latest Market Insights:
In February 2018, HanesBrands completely acquired Bras N Things. This acquisition is beneficial in expansion of business portfolio in Australia, New Zealand and South Africa region. It also offers specialty retailer and online seller of intimate apparel.
What Can be Explored with the Sports Bra and Underwear Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Sports Bra and Underwear Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Sports Bra and Underwear
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Sports Bra and Underwear market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Sports Bra and Underwear market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Sports Bra and Underwear Manufacturers, Sports Bra and Underwear Traders, End-Use Market Participants of Different Segments of Sports Bra and Underwear, Government and Research Organizations, R&D Institutions and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.