New Forecast Report till 2022 Explored the Global Sports Apparel Market

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Rockville, US, 2018-Nov-21 — /EPR Network/ — Modern consumers are more conscious about their physical fitness and appearance, which is eventually motivating them to take up various physical activities such as swimming, aerobics, yoga and running among others.  Meanwhile, desires to maintain a sporty look and follow the latest fashion trends is further driving that motivation. This, in turn, is creating opportunities for sports brands to introduce stylish and attractive sports apparels that complement the wearer’s physical attributes, giving him/her a more dynamic overall look. In recent years, brands have started paying greater attention to innovation in design of apparels owing to their increasing role in improving the athletes’ overall performance level.

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Factors as such are reflecting favorably on the global sales of sports apparels. As per the latest report published by Fact.MR, the global market for sports apparel is projected to reflect an above-average CAGR during the forecast period (2017-2022), to reach a valuation in excess of US$ 204,500 Mn. Products that are created by infusing leading-edge fashion and sports technology are more appealing to the consumers, as they are not only comfortable to wear but highly durable as well.

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.

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North America – Largest Market for Sports Apparel

Demand for sport apparel in North America is expected to remain strong throughout the forecast period (2017-2022). In terms of revenue, the region is expected account for a significant share of the global market in 2017 and beyond. The sports apparel market in North America is projected soar at an Impressive CAGR of 5.5% between 2017 and 2022. In addition, region’s market is estimated to surpass a valuation of to US$ 64,880 Mn in by 2022-end.

Tops & T-Shirts – Highest Selling Sports Apparel

Tops & t-Shirts will continue to outsell other types of sports apparels during the forecast period. Global sales of top & t-shirts currently represent close to one-fourth share of the global market in terms of revenue. Towards the end of the forecast period, more than US$ 45,400 Mn worth sports apparels are estimated to be sold globally.

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.

Table of Content:

  1. Global Sports Apparel Market – Executive Summary
  2. Global Sports Apparel Market Overview
    2.1. Introduction
    2.1.1. Global Sports Apparel Market Taxonomy
    2.1.2. Global Sports Apparel Market Definition
    2.2. Global Sports Apparel Market Size (US$ Mn) and Forecast, 2012-2022
    2.2.1. Global Sports Apparel Market Y-o-Y Growth
    2.3. Global Sports Apparel Market Dynamics
    2.4. Cost Structure Analysis
    2.5. Trade Outlook
    2.6. Value Chain Assessment and Profitability Margins
    2.7. Raw Material Sourcing Strategy and Analysis
    2.8. List of Distributors
    2.9. Key Participants Market Presence (Intensity Map) By Region
  3. Global Sports Apparel Market Analysis and Forecast By Product Type
    3.1. Global Sports Apparel Market Size and Forecast By Product Type, 2012-2022
    3.1.1. Tops & T-Shirts Market Size and Forecast, 2012-2022
    3.1.1.1. Revenue (US$ Mn) Comparison, By Region
    3.1.1.2. Market Share Comparison, By Region
    3.1.1.3. Y-o-Y growth Comparison, By Region
    3.1.2. Hoodies & Sweatshirts Market Size and Forecast, 2012-2022
    3.1.2.1. Revenue (US$ Mn) Comparison, By Region
    3.1.2.2. Market Share Comparison, By Region
    3.1.2.3. Y-o-Y growth Comparison, By Region
    3.1.3. Jackets & Vests Market Size and Forecast, 2012-2022
    3.1.3.1. Revenue (US$ Mn) Comparison, By Region
    3.1.3.2. Market Share Comparison, By Region
    3.1.3.3. Y-o-Y growth Comparison, By Region
    3.1.4. Shorts Market Size and Forecast, 2012-2022
    3.1.4.1. Revenue (US$ Mn) Comparison, By Region
    3.1.4.2. Market Share Comparison, By Region
    3.1.4.3. Y-o-Y growth Comparison, By Region
    3.1.5. Socks Market Size and Forecast, 2012-2022
    3.1.5.1. Revenue (US$ Mn) Comparison, By Region
    3.1.5.2. Market Share Comparison, By Region
    3.1.5.3. Y-o-Y growth Comparison, By Region
    3.1.6. Surf & Swimwear Market Size and Forecast, 2012-2022
    3.1.6.1. Revenue (US$ Mn) Comparison, By Region

Continued……………..

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