PUBLISHER: TechNavio | PRODUCT CODE: 1517133
PUBLISHER: TechNavio | PRODUCT CODE: 1517133
The sports and fitness wear market is forecasted to grow by USD 62.3 bn during 2023-2028, accelerating at a CAGR of 4.49% during the forecast period. The report on the sports and fitness wear market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing interest in physical fitness activities due to several health benefits, product premiumization due to the introduction of more innovative sports and fitness wear, and surge in wellness initiatives and sports tournaments by governments and corporates.
Technavio's sports and fitness wear market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 4.22% |
CAGR | 4.49% |
Incremental Value | $62.3bn |
By End-user
By Product
By Application
By Geographical Landscape
This study identifies the technological advances in sports and fitness wear as one of the prime reasons driving the sports and fitness wear market growth during the next few years. Also, growth in number and membership of health and fitness clubs and advent of customized and personalized sports and fitness wear will lead to sizable demand in the market.
The report on the sports and fitness wear market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading sports and fitness wear market vendors that include Adidas AG, ASICS Corp., Brooks Sports Inc., Columbia Sportswear Co., Deckers Outdoor Corp., Kappa, Karhu Holding BV, Li Ning Co. Ltd., lululemon athletica Inc., Mizuno USA Inc., New Balance Athletics Inc., Nike Inc., Patagonia Inc., PUMA SE, Ralph Lauren Corp., Skechers USA Inc., The Gap Inc., Under Armour Inc., VF Corp., and Wolverine World Wide Inc.. Also, the sports and fitness wear market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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