PUBLISHER: Market Research Future | PRODUCT CODE: 1581703
PUBLISHER: Market Research Future | PRODUCT CODE: 1581703
Global Sports Bras Market Research Report Information By Product Type (Compression Sports Bras, Encapsulation Sports Bras, Criss Cross Back, Racerback, and Pullover), By Application (Running, Cycling, Fitness and Yoga), By Price Range (Economy and Premium), By Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores and Online), By Material (Cotton, Nylon, Spandex, Lycra, and Polypropylene) By Impact (High, Medium and Low), and By Region (North America, Europe, Asia-Pacific, South America, and Middle East and Africa) Forecast Till 2032
In 2023, the Sports Bras Market Size was estimated to be USD 9,805.88 million. By 2032, the Sports Bras market is anticipated to expand from USD 2024 to USD 21,351.39 million, with a compound annual growth rate (CAGR) of 8.96% within the forecast period (2024-2032). The global demand for sports bras is fueled by the growing number of sportswomen, which in turn stimulates market growth, as well as technology-integrated sports bras. The global sports bra market will also expand as a result of the transition toward comfort and functionality, as well as the promotion of inclusivity and diversity.
Sustainability is gaining more and more popularity as a significant market trend. As consumers become increasingly cognizant of the environmental and societal consequences of their purchases, they are seeking sports bra brands that prioritize sustainable and ethical practices. This involves the use of environmentally favorable materials such as bamboo, organic cotton, and recycled textiles, as well as the implementation of ethical production procedures that ensure fair labor conditions and reduce carbon emissions. Companies that integrate sustainability into their business strategies are distinguishing themselves as pioneers in the ethical fashion industry and appealing to consumers who prioritize environmental sustainability. Sportswear is a comprehensive category of clothing that is designed for activities that prioritize functionality and performance.
Market segment insights
The Sports Bras Market has been segmented into five categories: compression sports bras, encapsulation sports bras, criss cross back, racerback, and pullover. This segmentation is based on the type of product.
The Sports Bras Market has been segmented into four categories: fitness, yoga, running, and cycling.
The Market has been divided into economy and premium segments based on price.
Supermarkets/hypermarkets, specialty stores, and online are the three distribution channels that have been used to segment the Sports Bras Market.
The Market has been segmented into cotton, nylon, spandex, lycra, and polypropylene based on material.
The Sports Bras Market has been segmented into high, medium, and low categories based on impact.
Regional Perspectives
The market is segmented by region by the study, including North America, Europe, Asia Pacific, South America, and the Middle East and Africa. In 2023, the North American Sports Bras market is anticipated to exhibit a compound annual growth rate (CAGR) of 8.96%. This market will account for the largest market share at 41.78%. The sports bra market in North America is experiencing significant development as a result of the growing number of women who are actively engaged in sports. Additionally, the sports bra market in the region will expand at an even quicker pace during the projected period as women become more cognizant of the distinctions between sports bras and regular bras. Additionally, the increasing number of women engaging in fitness and sports activities is one of the primary factors contributing to the substantial growth of the Sports Bras Market in this region. The growing health consciousness of women is resulting in a desire for an active, healthy lifestyle, which includes a greater interest in a variety of sports, yoga, and gym activities.
Some of the main players in the market include Nike Inc., Puma, Adidas, Louis Vuitton (LVMH), Wacoal, Jockey, Under Armour, Inc., Lululemon Athletica Inc., and H&M Group.