Sports Apparel Market Analysis Revealing Key Drivers & Growth Trends through 2022

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Dublin 2, Ireland, 2018-Feb-01 — /EPR Network/ — Top companies operating in the global sport apparel market are concentrating on the development of wearer-specific apparels. However, new entrants are finding it challenging to compete with international brands, when it comes to reliability, quality, and technological innovation. The report, compiled by Fact.MR, provides in-depth analysis of the global sport apparel market for the forecast period 2017-2022, and offers key insights about future market direction.

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Scope

The scope of Fact.MR’s report is to analyze the global sport apparel market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Sport apparel manufacturers, stakeholders, and suppliers in the global sports industry can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and journals pertaining to sport apparel.

In order to offer readers with up-to-date information about the latest advancements in the global sport apparel market, the report provides updates about market opportunities, which can benefit leading manufacturers of sport apparel. With continuous evolution of the sports industry, keeping a record of latest developments and trends is fundamental for sport apparel manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, pricing analysis, list of distributors, and cost structure are provided in this section.

Considering the wide scope of the global sport apparel market and to offer in-depth insights, Fact.MR’s report provides segment-wise analysis and forecast. The global sport apparel market has been categorized on the basis of product type, end use, sales channel and region. This segmentation analysis is comprehensive, coupled with a detailed country-wise forecast provided on all parameters.

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Global Sports Apparel Market – Key Insights

On the basis of the product type, the tops & t-shirts segment is likely to retain its top position over 2022. This segment currently command for more than 21% revenue share of the market. Towards the end of the assessment period, the segment is expected to surpass a market valuation of US$ 45,400 Mn, reflecting a healthy CAGR.

By end use, the men sports apparel segment is expected remain domain throughout the forecast period. Currently, the segment represent nearly two-forth share of the global market in terms of revenue. In addition, the men sports apparel segment is estimated to reach a market valuation in excess of US$ 97,380 Mn by 2022-end, reflecting a steady CAGR. Meanwhile, the women sport apparel segment is projected to hold the second spot in terms of revenue.

By sales channels, the modern trade segment is expected to remain highly attractive in 2017 and beyond. This segment presently commands for close to 21% share of the market in terms of revenue and is projected to reach of over US$ 42,500 Mn in 2022, expanding at sound CAGR.

Among regions, the sports apparel market in North America is expected to remain highly lucrative during the forecast period. The region’s market is projected to witness a significant growth over 2022. Also, sales of sport apparels will continue to grow substantially in regions such as Europe and Asia-Pacific excluding Japan (APEJ) during the same period.

Competition Tracking

Fact.MR’s report offers comprehensive information on top companies that are likely to contribute to the expansion of global sport apparel market through 2022, which include NIKE, Inc., Adidas AG, PUMA SE, Under Armour, Inc., SKECHERS USA, Inc, ASICS Corporation, Fila Korea Co Ltd., Columbia Sportswear Company, Lululemon Athletica, Inc., and Yonex Co., Ltd.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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