PUBLISHER: IMARC | PRODUCT CODE: 1370587
PUBLISHER: IMARC | PRODUCT CODE: 1370587
Sportswear Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Abstract
Market Overview:
The global sportswear market size reached US$ 181.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 239.6 Billion by 2028, exhibiting a growth rate (CAGR) of 4.5% during 2023-2028.
Sportswear refers to informal clothing designed for comfort and playing sports. Tracksuits, tennis shirts, T-shirts, hoodies, shorts, polo shirts, and swimsuits are common sportswear mainly worn while participating in physical activities. Depending on the intensity and the type of sport, they can be manufactured using various flexible materials, such as cotton-polyester, nylon-spandex, cotton, polypropylene, polyester-spandex, and wool blend. Sportswear is commonly worn while playing golf, tennis, cricket, football, basketball, hiking, bicycling, and jogging. Compared to non-specific sportswear, it helps improve athletes' performance, prevents injury during exercise, provides extra comfort, reduces the delayed onset muscle soreness (DOMS), promotes the health of the wearer, and minimizes post-workout muscle cramps.
Sportswear Market Trends:
The growing participation in sports and fitness activities due to the rising incidences of work-related health conditions, such as stress and obesity, is driving the market growth. Additionally, the widespread product adoption to protect the wearer against environmental conditions during outdoor activities is favoring the market growth. Sportswear is made up of breathable fabrics that help to keep the body cool and provide ventilation. Moreover, the increasing awareness about the health benefits of fitness activities, such as swimming, yoga, running, and aerobics, is acting as another growth-inducing factor. Apart from this, the launch of fast-drying materials and t-shirts that can track heart rate and are made of lightweight infrared emitting fabrics using energy infrared technology that manages body heat and improve circulation is providing an impetus to the market growth. Furthermore, the widespread product utilization to enhance overall performance by supporting the right muscle groups during exercising and training and providing protection to the sensitive muscle areas is facilitating the market growth. Other factors, including rising expenditure capacities of consumers, increasing demand for trendy and comfortable sportswear, and growing demand for specialized garments, such as swimsuits, ski suits, and leotards, are anticipated to drive the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global sportswear market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, distribution channel and end user.
Breakup by Product:
Shoes
Clothes
Breakup by Distribution Channel:
Online Stores
Retail Stores
Breakup by End User:
Men
Women
Kids
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Adidas AG, Anta Sports Products Limited, ASICS Corporation, Columbia Sportswear Company, Fila Inc., Lululemon Athletica Inc., New Balance Athletics Inc., Nike Inc., Patagonia Inc., Puma SE and Under Armour Inc.
Key Questions Answered in This Report:
- How has the global sportswear market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global sportswear market?
- What are the key regional markets?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the distribution channel?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global sportswear market and who are the key players?
- What is the degree of competition in the industry?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Sportswear Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product
- 6.1 Shoes
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Clothes
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Distribution Channel
- 7.1 Online Stores
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Retail Stores
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by End User
- 8.1 Men
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Women
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Kids
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Adidas AG
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.1.4 SWOT Analysis
- 14.3.2 Anta Sports Products Limited
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 ASICS Corporation
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.4 Columbia Sportswear Company
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.4.4 SWOT Analysis
- 14.3.5 Fila Inc.
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.6 Lululemon Athletica Inc.
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 New Balance Athletics Inc.
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 Nike Inc.
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.8.4 SWOT Analysis
- 14.3.9 Patagonia Inc.
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 Puma SE
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.10.4 SWOT Analysis
- 14.3.11 Under Armour Inc.
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
- 14.3.11.4 SWOT Analysis
- 14.3.1 Adidas AG
List of Figures
- Figure 1: Global: Sportswear Market: Major Drivers and Challenges
- Figure 2: Global: Sportswear Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Sportswear Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Sportswear Market: Breakup by Product (in %), 2022
- Figure 5: Global: Sportswear Market: Breakup by Distribution Channel (in %), 2022
- Figure 6: Global: Sportswear Market: Breakup by End User (in %), 2022
- Figure 7: Global: Sportswear Market: Breakup by Region (in %), 2022
- Figure 8: Global: Sportswear (Shoes) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Sportswear (Shoes) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Sportswear (Clothes) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Sportswear (Clothes) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Sportswear (Online Stores) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Sportswear (Online Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Sportswear (Retail Stores) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Sportswear (Retail Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Sportswear (Men) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Sportswear (Men) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Sportswear (Women) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Sportswear (Women) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Sportswear (Kids) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Sportswear (Kids) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: North America: Sportswear Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: North America: Sportswear Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: United States: Sportswear Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: United States: Sportswear Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Canada: Sportswear Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Canada: Sportswear Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Asia-Pacific: Sportswear Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Asia-Pacific: Sportswear Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: China: Sportswear Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: China: Sportswear Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Japan: Sportswear Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Japan: Sportswear Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: India: Sportswear Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: India: Sportswear Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: South Korea: Sportswear Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: South Korea: Sportswear Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: Australia: Sportswear Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: Australia: Sportswear Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: Indonesia: Sportswear Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: Indonesia: Sportswear Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: Others: Sportswear Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: Others: Sportswear Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Europe: Sportswear Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Europe: Sportswear Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Germany: Sportswear Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Germany: Sportswear Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: France: Sportswear Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: France: Sportswear Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: United Kingdom: Sportswear Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: United Kingdom: Sportswear Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: Italy: Sportswear Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: Italy: Sportswear Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Spain: Sportswear Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Spain: Sportswear Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Russia: Sportswear Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Russia: Sportswear Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Others: Sportswear Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Others: Sportswear Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Latin America: Sportswear Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Latin America: Sportswear Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Brazil: Sportswear Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Brazil: Sportswear Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Mexico: Sportswear Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Mexico: Sportswear Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Others: Sportswear Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Others: Sportswear Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Middle East and Africa: Sportswear Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Middle East and Africa: Sportswear Market: Breakup by Country (in %), 2022
- Figure 70: Middle East and Africa: Sportswear Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 71: Global: Sportswear Industry: SWOT Analysis
- Figure 72: Global: Sportswear Industry: Value Chain Analysis
- Figure 73: Global: Sportswear Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Sportswear Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Sportswear Market Forecast: Breakup by Product (in Million US$), 2023-2028
- Table 3: Global: Sportswear Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
- Table 4: Global: Sportswear Market Forecast: Breakup by End User (in Million US$), 2023-2028
- Table 5: Global: Sportswear Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Sportswear Market: Competitive Structure
- Table 7: Global: Sportswear Market: Key Players
