Sports Apparel Market Is Driven By Changing Lifestyle And Increasing Disposable Income Of Individuals

The global sports apparel market revenue is expected to expand at a significant CAGR over the forecast period. Sports apparel is designed for sports and physical activities. Sports apparels are made using cotton, microfiber, spandex, synthetic fiber, etc.  Sports apparels are designed considering users comfort, safety and other requirements. It includes different type of clothing such as sports suits, foot wares, pants, shirts, swimsuits, leotards etc. Sports apparels are being used for running, exercising, hiking, mountain climbing, yoga etc. Sports apparels are popular among young population, owing to its trendy and fashionable designs. There are increasing number of sports apparel users, owing to increasing health awareness and concerns towards changing sedentary lifestyles. Availability of counterfeit apparel in much less cost than branded sports appeal may hamper growth of the global market.

The global sports apparel market report has been segmented on the basis of end user, distribution channel, and region. On the basis of end user, the market is segmented into men, women and kids. Currently, men segment dominates the global market. Women segment is expected fast growth, owing to rising women participation in sports and physical activities globally. On the basis of distribution channel, the market is segmented into retail stores, supermarkets, brand outlets, discount stores, and online stores. Retain stores segment dominates the global market in terms of revenue. Internet stores segment is expected to dominate the global market over the forecast period, owing to increasing popularity of online shopping and availability of price comparison websites.

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Based on the region the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America is expected to dominate the global market in terms of revenue over the forecast period. The market in Asia Pacific is expected to register highest share in terms of revenue in the near future, owing to increasing market and rising number of local and branded athletic apparel manufacturers in the region.

Key players operating in the global sports apparel market Adidas AG, NIKE Inc., Ralph Lauren Corporation, Amer Sports Corporation, Billabong International Limited, Everlast Worldwide Inc., Blacks Leisure Group Plc, Gap Inc., Columbia Sportswear Company, and Old Navy, Inc.