Report Highlights
Sports Apparel Market Insights
Sports Apparel Market was valued at USD 261.08 Billion in 2019 and is projected to reach USD 542.58 Billion by 2027, growing at a CAGR of 9.6% from 2020 to 2027.
The Sports Apparel Market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics involve the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market are outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Sports Apparel Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.
Global Sports Apparel Market Overview
Rising health and self-consciousness, desire to steer active lifestyles and to seem fit, is encouraging consumers to include sports and fitness activities into their daily routine. This increased participation has led to a change in market dynamics, resulting in an increased demand for Sports Apparel.
This report provides an all-inclusive environment for the analysis of the Sports Apparel Market. The market estimates provided in the report are the result of in-depth secondary research, primary interviews, and in-house expert reviews. These market estimates have been considered by studying the impact of various social, political, and economic factors along with the current market dynamics affecting the Sports Apparel Market growth.
Along with the market overview, which comprises the market dynamics the chapter includes Porter’s Five Forces analysis which explains the five forces: namely buyers’ bargaining power, suppliers’ bargaining power, the threat of new entrants, the threat of substitutes, and degree of competition in the Sports Apparel Market. It explains the various participants, such as system integrators, intermediaries, and end-users within the ecosystem of the market. The report also focuses on the competitive landscape of the Sports Apparel Market.
Report Synopsis
| Report Metrics | Details |
| Base year considered | 2019 |
| Forecast period considered | 2020-2027 |
| Base year market size | 261.08 $ Billion in 2019 |
| Market size forecast | 542.58 $ Billion by 2027 |
| Growth rate | 9.6% |
| Units considered | $ Billion |
| Segments covered | By Distribution Channel, By End User, By Geographic |
| Industry covered | Clothing, Footwear & Accessories |
| Companies studied |
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Global Sports Apparel Market: Segmentation Analysis
The Global Sports Apparel Market is segmented based on Distribution Channel, End User, and Geography.
Key Players In Sports Apparel Market
The Global Sports Apparel Market study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Adidas AG, Nike, Inc., Puma SE, Under Armour, Inc., Ralph Lauren Corporation, Umbro Ltd., Fila, Inc, Lululemon Athletica Incorporation, New Balance Athletic Shoe, Inc., and Columbia Sportswear Company.
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