What is Basketball Uniform Market?
Basketball clothing includes a t-shirt, shorts or pants, and other accessories. Most basketball uniforms have the name and number of the player who will wear them on the shirt. The basketball uniforms have different logos and colors to distinguish one team from the other. The basketball uniforms are made from different fabrics. The modern manufacture of clothing is worn for sporting or formal occasions, including high-quality fabrics. Mixed fabrics are widely used in the development of sportswear. Due to their natural sweat-absorbing, comfortable and soft properties, blended fabrics are also used to develop basketball uniforms, including t-shirts and shorts. Manufacturers now focus on designing and developing bespoke basketball uniforms, including logo and color, depending on the needs of each team.
The market study is being classified by Type (Shirt, Coat and Pants), by Application (Individual, Institutional and Promotional) and major geographies with country level break-up.
Nike (United States), Adidas (Germany), Under Armour (United States), Puma (Germany), VF Corporation (United States), Anta Sports (China), Gap Inc. (United States), Columbia Sportswear (United States), Lululemon Athletica (Canada), Li-Ning (China), Amer Sports (Finland), ASICS (Japan), Hanesbrands (United States), PEAK (United Kingdom) and Ralph Lauren Corporation (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are 361sport (China), Xtep (China), Billabong (Australia), Kappa (Italy) and New Balance (United States).
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that European Vendors will contribute to the maximum growth of Global Basketball Uniform market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Basketball Uniform market by Type, Application and Region.
On the basis of geography, the market of Basketball Uniform has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Health Consciousness and Changing Fashion Worldwide
- Consumer Inclination Towards Durable and Comfortable Basketball Uniforms
- Surging Disposable Income in Emerging Economies
Market Trend
- Rising Trend of Basketball Game in Developing Countries and Increasing Participants in Sports Due to Global Media Coverage
Restraints
- High Prices of Basketball Uniforms
- Counterfeit Basketball Uniforms
Opportunities
- The Rising Business Expansions and Market Penetration Opportunities in Emerging Economies
Challenges
- Aging Demography in Various Countries
Key Target Audience
Manufacturers of Basketball Uniform, Suppliers and Distributors of Basketball Uniform, End-Users, Potential Investors, Market Research Firms and Others