Sports Apparel Market: Industry Analysis and Forecast (2021-2027) Trends, Statistics, Dynamics, Segmentation by Product Type, End-use, Distribution Channel, and Region.

Sports Apparel Market size was valued at US$ 182.61 Bn. in 2020 and the total revenue is expected to grow at CAGR 4.57% through 2021 to 2027, reaching nearly US$ 249.67 Bn.

Sports Apparel Market Overview:

Sports Apparel is clothes worn for most sports and physical exercise, for practical, comfort, or safety concerns. Sports apparel is made of breathable material that permits sweat to fade faster, helping the individual wearing it remains fresh for longer. Polyester, microfiber, calico, and spandex are some of the most usually used fabrics in the making of sports apparel clothing. Growing health awareness and adoption of fitness activities like aerobics, swimming, running, gym & yoga among customers drive the market growth across the globe. Sports Apparel Market To know about the Research Methodology :- Request Free Sample Report 2020 is considered as a base year to forecast the market from 2021 to 2027. 2020’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years' trends are considered while forecasting the market through 2027. 2020 is a year of exception and analyzed especially with the impact of lockdown by region.

Sports Apparel Market Dynamics:

The sports apparel markets have shown northward direction growth, thanks to changing consumer trends towards sports apparel. A growing interest in health and wellbeing has led to increased participation in fitness activities. In addition, there has been a higher demand from men and women for clothes that are both stylish and comfortable sports apparel. For instance, in the United States, 64% of adults said they wore sports clothes and sports shoes as part of their everyday life. The increasing participation of women in sports and fitness activities is expected to drive the market during the forecast period. The rising trends in sports and fashion, led to an increased presence of fashionable sports apparel, resulting in is expected to fuel the interest of women. Growing demand for sports apparel product competition among manufacturers is set to intensify as brands fight for a bigger share of the sports apparel market. Nike and Adidas are the most dominant sportswear and sporting goods companies across the globe and have a combined revenue of approximately US $ 61 billion in 2020. Lonely Nike Company has generated the highest revenue accounted the US $ 37.4 billion in the company's fiscal year 2020. Continuously increasing raw material costs and easy availability of counterfeit products is a prime factor considered to hamper the market growth. Moreover, China is the leading exporter of cotton and has a monopoly over trade across the globe, which is expected to create supply-chain disruption during the forecast period.

Sports Apparel Market Segment Analysis:

Based on the Product type, the market is segmented into Top Wear, Bottom Wear, and Support items. The Top Wear segment captured the largest market share and estimated at the US $ 76.2 billion in 2020. This segment is expected to grow at a CAGR of 5.2% during the forecast period. Growing preference for top wear sports apparel over other top wears is a key factor to drive the market demand. The top wear segment consists of t-shirts, sweatshirts, sports vests, sports hoodies, and others. The United States held the largest regional market for the Top Wear segment, accounting for 34.7% of the global sales in 2020. Sports Apparel Market Based on End-Use, the market is segmented into Men, Women, and Children. The Men end-use segment held the largest market share and is expected to grab the leading share of the market by $129.3 billion in the forecast period. This segment growth is attributed to the higher participation of men in sports and physical activities along with the rising popularity of sportswear, owing to their stylish appearance, and good comfort. The Women end-use segment is expected to grow at a CAGR of 7.19% during the forecast period. Culture changes and the growing participation of women in many sports, yoga, gym, and physical activities are driving the market growth of the segment. In addition, women have accounted for a higher proportion of runners than men, which is expected for the women segment to grow significantly during the forecast period. Sports Apparel MarketBased on Distribution Channel, the market is segmented into Online and Offline. The Offline segment captured the largest market share of xx% in 2020 and is expected to grab the leading share of the market by 87.98 billion in the forecast period. The growth of the offline segment is attributed to the growing popularity of stores, hypermarkets, and specialized showrooms, as they offer products from international brands including Adidas, Nike, and others. The growth of the segment is attributed to choices such as discounts and trials before purchase as well as the benefit of immediate gratification boosting the market growth. The Online segment is expected to witness the highest CAGR of 8.71% during the forecast period. Increased use of the internet and smartphones for online shopping allows the consumer to compare products and prices drive the market growth.

Sports Apparel Market Regional Insights:

North America region held the largest market share accounting for xx% in 2020 and is expected to grow with a CAGR of 6.58% during the forecast period. Growing health awareness and popularity of active lifestyles fuels the demand for the growth of sports apparel. The U.S. market is estimated at the US $ 62.4 billion in 2020. Asia Pacific region is expected to witness the highest CAGR of 6.73% during the forecast period. India and China have the largest growing youth population approximately 0.652 billion, which fuels the demand for sports apparel. The increasing desire to lead improved lifestyles and rising disposable income, are expected to positively impact the demand for sports apparel in the region. China dominated the market in the Asia Pacific region and is forecast to reach a market size of US$ 32.6 billion by the year 2027 trailing a CAGR of 7.1% during the forecast period. The objective of the report is to present a comprehensive analysis of the Trampoline Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Trampoline Market dynamic, structure by analyzing the market segments and projecting the Trampoline Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Trampoline Market make the report investor’s guide.

Sports Apparel Market Scope: Inquire before buying

Global Sports Apparel Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2020 Market Size in 2020: US $ 182.61 Bn.
Forecast Period 2021 to 2027 CAGR: 4.57% Market Size in 2027: US $ 249.67 Bn.
Segments Covered: by Product • Top Wear • Bottom Wear • Support items
by End-use • Men • Women • Children
by Distribution Channel • Online • Offline

Sports Apparel Market by Region

• North America • Europe • Asia Pacific • South America • The Middle East and Africa

Sports Apparel Market Key Players

Nike Inc. • Fila • Lululemon Athletica Inc. • New Balance • Under Armour Inc. • Columbia Sportswear Company • Puma Se • Adidas AG • Umbro • Ralph Lauren Corporation • Anta International Group Holdings Ltd. • Li Ning Company Limited • VF Corporation • Jockey • Lotto Spa • Everlast Worldwide, Inc. • Brooks Sports, Inc. • Diadora S.p.A. • Million Special Industries Co. Ltd.

Frequently Asked Questions:

1] What segments are covered in the Sports Apparel Market report? Ans. The segments covered in the Sports Apparel Market report are based on Product Type, End-use, and Distribution Channel. 2] Which region is expected to hold the highest share in the Sports Apparel Market? Ans. North America region is expected to hold the highest share in the Sports Apparel market. 3] What is the market size of the Sports Apparel Market by 2027? Ans. The market size of the Sports Apparel Market by 2027 is US $ 249.67 Bn. 4] Who are the top key players in the Sports Apparel Market? Ans. Nike Inc., Fila, Lululemon Athletica Inc., New Balance, Under Armour Inc., Columbia Sportswear Company, Puma Se, Adidas AG, Umbro, Ralph Lauren Corporation, Anta International Group Holdings Ltd., Li Ning Company Limited, VF Corporation, Jockey, Lotto Spa, Everlast Worldwide, Inc., Brooks Sports, Inc, and Diadora S.p.A. 5] What was the market size of the Sports Apparel Market in 2020? Ans. The market size of the Sports Apparel Market in 2020 was US $ 182.61 Bn.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Sports Apparel Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2020 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Trampoline Market 3.4. Geographical Snapshot of the Trampoline Market, By Manufacturer share 4. Sports Apparel Market Overview, 2020-2027 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porter Five Forces Analysis 4.1.6.1. The threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. The Threat of Substitute Products 4.1.6.5. The intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Trampoline Market 5. Supply Side and Demand Side Indicators 6. Sports Apparel Market Analysis and Forecast, 2020-2027 6.1. Trampoline Market Size & Y-o-Y Growth Analysis. 7. Sports Apparel Market Analysis and Forecasts, 2020-2027 7.1. Market Size (Value) Estimates & Forecast By Product type, 2020-2027 7.1.1. Top Wear 7.1.2. Bottom Wear 7.1.3. Support items 7.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 7.2.1. Men 7.2.2. Women 7.2.3. Children 7.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 7.3.1. Online 7.3.2. Offline 8. Sports Apparel Market analysis and Forecasts, by Region 8.1. Market Size (Value) Estimates & Forecast by Region, 2020-2027 8.1.1. North America 8.1.2. Europe 8.1.3. Asia Pacific 8.1.4. The Middle East and Africa 8.1.5. South America 9. North America Sports Apparel Market Analysis and Forecasts, 2020-2027 9.1. Market Size (Value) Estimates & Forecast By Product type, 2020-2027 9.1.1. Top Wear 9.1.2. Bottom Wear 9.1.3. Support items 9.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 9.2.1. Men 9.2.2. Women 9.2.3. Children 9.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 9.3.1. Online 9.3.2. Offline 10. North America Sports Apparel Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Sports Apparel Market Analysis and Forecasts, 2020-2027 11.1. Market Size (Value) Estimates & Forecast By Product type, 2020-2027 11.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 11.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 12. Canada Sports Apparel Market Analysis and Forecasts, 2020-2027 12.1. Market Size (Value) Estimates & Forecast By Product type, 2020-2027 12.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 12.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 13. Mexico Sports Apparel Market Analysis and Forecasts, 2020-2027 13.1. Market Size (Value) Estimates & Forecast By Product type, 2020-2027 13.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 13.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 14. Europe Sports Apparel Market Analysis and Forecasts, 2020-2027 14.1. Market Size (Value) Estimates & Forecast By Product type, 2020-2027 14.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 14.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 15. Europe Sports Apparel Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Sports Apparel Market Analysis and Forecasts, 2020-2027 16.1. Market Size (Value) Estimates & Forecast By Product type, 2020-2027 16.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 16.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 17. France Sports Apparel Market Analysis and Forecasts, 2020-2027 17.1. Market Size (Value) Estimates & Forecast By Product type, 2020-2027 17.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 17.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 18. Germany Sports Apparel Market Analysis and Forecasts, 2020-2027 18.1. Market Size (Value) Estimates & Forecast By Product type, 2020-2027 18.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 18.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 19. Italy Sports Apparel Market Analysis and Forecasts, 2020-2027 19.1. Market Size (Value) Estimates & Forecast By Product type, 2020-2027 19.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 19.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 20. Spain Sports Apparel Market Analysis and Forecasts, 2020-2027 20.1. Market Size (Value) Estimates & Forecast By Product type, 2020-2027 20.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 20.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 21. Sweden Sports Apparel Market Analysis and Forecasts, 2020-2027 21.1. Market Size (Value) Estimates & Forecast By Product type, 2020-2027 21.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 21.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 22. CIS Countries Sports Apparel Market Analysis and Forecasts, 2020-2027 22.1. Market Size (Value) Estimates & Forecast By Product type, 2020-2027 22.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 22.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 23. Rest of Europe Sports Apparel Market Analysis and Forecasts, 2020-2027 23.1. Market Size (Value) Estimates & Forecast By Product type, 2020-2027 23.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 23.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 24. Asia Pacific Sports Apparel Market Analysis and Forecasts, 2020-2027 24.1. Market Size (Value) Estimates & Forecast By Product type, 2020-2027 24.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 24.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 25. Asia Pacific Sports Apparel Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates &Forecast By Country, 2020-2027 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Sports Apparel Market Analysis and Forecasts, 2020-2027 26.1. Market Size (Value) Estimates & Forecast By Product type, 2020-2027 26.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 26.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 27. India Sports Apparel Market Analysis and Forecasts, 2020-2027 27.1. Market Size (Value) Estimates & Forecast By Product type, 2020-2027 27.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 27.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 28. Japan Sports Apparel Market Analysis and Forecasts, 2020-2027 28.1. Market Size (Value) Estimates & Forecast By Product type, 2020-2027 28.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 28.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 29. South Korea Sports Apparel Market Analysis and Forecasts, 2020-2027 29.1. Market Size (Value) Estimates & Forecast By Product type, 2020-2027 29.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 29.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 30. Australia Sports Apparel Market Analysis and Forecasts, 2020-2027 30.1. Market Size (Value) Estimates & Forecast By Product type, 2020-2027 30.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 30.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 31. ASEAN Sports Apparel Market Analysis and Forecasts, 2020-2027 31.1. Market Size (Value) Estimates & Forecast By Product type, 2020-2027 31.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 31.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 32. Analysis and Forecasts, 2020-2027 32.1. Market Size (Value) Estimates & Forecast By Product type, 2020-2027 32.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 32.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 33. Middle East Africa Sports Apparel Market Analysis and Forecasts, 2020-2027 33.1. Market Size (Value) Estimates & Forecast By Product type, 2020-2027 33.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 33.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 34. Middle East Africa Sports Apparel Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2020-2027 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Sports Apparel Market Analysis and Forecasts, 2020-2027 35.1. Market Size (Value) Estimates & Forecast By Product type, 2020-2027 35.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 35.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 36. GCC Countries Sports Apparel Market Analysis and Forecasts, 2020-2027 36.1. Market Size (Value) Estimates & Forecast By Product type, 2020-2027 36.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 36.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 37. Egypt Sports Apparel Market Analysis and Forecasts, 2020-2027 37.1. Market Size (Value) Estimates & Forecast By Product type, 2020-2027 37.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 37.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 38. Nigeria Sports Apparel Market Analysis and Forecasts, 2020-2027 38.1. Market Size (Value) Estimates & Forecast By Product type, 2020-2027 38.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 38.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 39. Rest of ME&A Sports Apparel Market Analysis and Forecasts, 2020-2027 39.1. Market Size (Value) Estimates & Forecast By Product type, 2020-2027 39.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 39.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 40. South America Sports Apparel Market Analysis and Forecasts, 2020-2027 40.1. Market Size (Value) Estimates & Forecast By Product type, 2020-2027 40.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 40.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 41. South America Sports Apparel Market Analysis and Forecast, by country 41.1. Market Size (Value) Estimates & Forecast by Country, 2020-2027 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Sports Apparel Market Analysis and Forecasts, 2020-2027 42.1. Market Size (Value) Estimates & Forecast By Product type, 2020-2027 42.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 42.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 43. Argentina Sports Apparel Market Analysis and Forecasts, 2020-2027 43.1. Market Size (Value) Estimates & Forecast By Product type, 2020-2027 43.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 43.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 44. Rest of South America Sports Apparel Market Analysis and Forecasts, 2020-2027 44.1. Market Size (Value) Estimates & Forecast By Product type, 2020-2027 44.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 44.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Trampoline Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications, and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment, and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures, and Strategic Alliances/ Sales Agreements 45.3. Company Profile: Key Players 45.3.1 Nike Inc. 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. UpperBounce 45.3.3. Fila 45.3.4. Lululemon Athletica Inc. 45.3.5. New Balance 45.3.6. Under Armour Inc. 45.3.7. Columbia Sportswear Company 45.3.8. Puma Se 45.3.9. Adidas AG 45.3.10. Umbro 45.3.11. Ralph Lauren Corporation 45.3.12. Anta International Group Holdings Ltd. 45.3.13. Li Ning Company Limited 45.3.14. VF Corporation 45.3.15. Jockey 45.3.16. Lotto Spa 45.3.17. Everlast Worldwide, Inc. 45.3.18. Brooks Sports, Inc. 45.3.19. Diadora S.p.A. 45.3.20. Million Special Industries Co. Ltd. 46. Primary Key Insights

About This Report

Report ID 83971
Category Consumer Goods & Services
Published Date March 2021
Updated Date Oct 2021
Contact Us