Global Sports Apparel Market 2024-2030

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    SPORTS APPAREL MARKET

     

    INTRODUCTION

     

    Sports clothing is what people wear when engaging in physically demanding activities like working out or playing sports.

     

    They are created such that performing physical actions is both comfortable and agile.Sportswear, often known as activewear, is any apparel or footwear worn for physical activity.

     

    Clothing used when engaging in physical activities like jogging, yoga, and hiking is referred to as sports gear. Men, women, and children’s needs of all kinds are met by these products.

     

    Both retail and online distribution channels are available for consumers to buy these products.

     

    Wearing high-quality compression clothing helps shield the muscles from inflammation and injury. Oxygen is vital for exercising muscles, and compression clothing increases blood flow to the heart.

     

    Sports attire is the apparel used only for fitness activities that is particular to a profession.

     

    Tracksuits, gym suits, yoga clothing, swimming, and stockings are among the several styles of sportswear offered, depending on the sports.

     

    The increased use of these garments is attributable to their distinctive properties, which include increased durability, enhanced muscle strength, materials breathability, as well as essential thing.

     

    Furthermore, there has been an increase in the use of sports gear to prevent ligament injuries and physical stresses on muscles, as well as to improve the performance.

     

    Consumers’ increased wealth and discretionary spending has allowed them to priorities health and wellbeing. Increased health consciousness is consequently moving consumer emphasis toward the usage of sportswear, propelling the industry.

     

    They are intended to give comfort as well as agility while engaging in physical activities. Sports clothing is comprised of breathable materials that allow perspiration to escape quickly, allowing these people donning it to stay cool for longer periods of time.

     

    Polyester, microfiber, calico, and spandex were among the most frequent materials utilised in the manufacture of these garments.

     

    Initially, sports gear was largely worn by players, but it has since grown extremely popular with regular gym-goers and other non-athletes.

     

    Individuals’ increased adoption of fitness activities such as aerobics, swimming, jogging, and yoga is one of the reasons responsible for the growth of the sports apparel industry.

     

    To know more about India Sportswear Market, read our report

     

    SPORTS APPAREL MARKET SIZE AND FORECAST

     

    Infographic

     

    The Global Sports Apparel Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

     

    SPORTS APPAREL MARKET DEVELOPMENTS AND INNOVATIONS

     

    S No Overview of Development Development Detailing Region of Development Possible Future Outcomes
    1 Fila introduces size-inclusive activewear collection Sportswear specialists Fila have launched the size-inclusive womenswear collection Fila Performa, which offers up a selection of technology-enhanced activewear designed to heighten performance. Global This would enhance operational capability

    SPORTS APPAREL MARKET DYNAMICS

     

    Increased healthcare and consciousness, as well as an opportunity to remain a healthy lifestyle and just seem fit, are motivating individuals to include sporting programs into their regular activities.

     

    The above increasing engagement has resulted in a shift in market dynamics, which has led to increase throughout desire for sports clothes.

     

    Out over projection timeframe, the increased engagement of women in professional and personal athletics and workout regimens is likely to boost the industry.

     

    The growing crossover among sporting as well as aesthetic has resulted in a rise in the appearance of stylish sports clothing, which is projected to further pique female empowerment.

     

    The introduction of sports gear with increased attributes such as moisture management, temperature regulation, and other performance-enhancing features that avoid pain and physical harm has piqued the curiosity of many athletes.

     

    Attractive sports gear is in high demand since it is adaptable, handy, contemporary, and can also be donned for a number of circumstances.

     

    Such increasing attention on aesthetics has already been seized on by important brands in the industry examined, who have produced novel, technologically sophisticated items that are both pleasant as well as functional to meet this demand, increasing their profitability.

     

    Asia-Pacific is the speediest sector in the worldwide athletic footwear market, owing to the growing number of young people in emerging economies such As China and India.

     

    SPORTS APPAREL MARKET SEGMENTATION

     

    The Global Athletic Apparel Market can be segmented into following categories for further analysis.

    By Sports Type 

    • Soccer
    • Basketball
    • Baseball
    • Cricket
    • Field Athletics
    • Others

     

    By Distribution Channel

    • Speciality Stores
    • Supermarket
    • Hypermarket
    • Large Scale Stores
    • Online Retail Stores
    • E Commerce Stores
    • Other Channels

     

    By End Usage Application

    • Professional Sports
    • Daily Use Sports
    • Commercial Sports
    • Personal Usage Sports

     

    By Regional Classification

    • Asia Pacific Region – APAC
    • Middle East and Gulf Region
    • Africa Region
    • North America Region
    • Europe Region
    • Latin America and Caribbean Region

     

    RECENT TECHNOLOGICAL TRENDS IN SPORTS APPAREL MARKET

     

    Nonetheless, the availability of cheap and fraudulent items, as well as variations in the pricing of natural resources required to manufacture these garments, limit market development.

     

    On the contrary, the sports clothing sector is expected to benefit from increased demand for trendy and attractive sports gear as well as overwhelming demand of sports clothing among youngsters.

     

    Aside from hard effort and practise, high competence and economical clothing is required in a sport where winning or losing is determined by microseconds.

     

    These serve as protective armour in certain circumstances, performance enhancers in others, and productivity monitoring in still others.

     

    Some well-known technologies utilised in athletic gear include nanotechnology, microfibers, and insulation.

     

    This athletic clothing featuring constriction enhances blood circulation to the extremities, enhances vertically athlete performance, minimizes muscle oscillation while making contact with the surface, enhances torque generated inside the joints, and minimizes the wearer’s risk of injury.

     

    The compression generated lowers the likelihood of pain during and after exertion. Compression clothing is used by athletes and sportspeople for running, cycling, golfing, triathlon, and rehabilitation.

     

    There are also several technological solutions that are causing a stir in the market.

     

    Compressed garment is one of these. This notion was first used to medical compression socks, which are wrapped and over ankle to provide a gradients and regulated compressive load.

     

    This increases venous blood flow, lowers vein stasis, and avoids thrombosis in post-operative individuals.

     

    COMPETITIVE LANDSCAPE

     

    Furthermore, the advantage of low and fraudulent items, as well as variations in the pricing of building ingredients required to manufacture these garments, limit market development.

     

    On the contrary, the sports clothing sector is expected to benefit from increased demand for trendy and attractive sports gear as well as increased popularity of sports apparel among youngsters.

     

    This can be ascribed to increased male engagement in sports with advantageous alternatives such as reductions and try before purchasing, and also the reward of instant pleasure.

     

    Nike International has been focused upon development of the athlete experience in terms of better mobility and movement solutions. Nike Aero Adapt is one of the adaptive technologies being developed in the market at varied times of integration.

     

    Air flow in garments usually reduces when you sweat because the fabric becomes saturated, but it rises with Nike Aero Adapt.

     

    Because when Aero Adapt detects perspiration, the material’s moisture-reactive threads open the cloth, allowing body heat to escape and fresh air to enter. The more you moisten the cloth, the more it opens up.

     

    The vents seal when the moisture evaporates, trapping body heat and preventing the athlete from being cold or staying wet throughout a warm-up or cool-down.

     

    Because the technology reacts to the person wearing it, factors such as sweat and the surroundings, as well as personal body temperature, can influence when the vents open.

     

    Adidas Group has been developing new multi-sport-based apparel which is a smart technology fabric approach.

     

    It is one of the most advanced system of responsive apparel shielding athletes from the elements that is created for both elite and everyday athletes, the technology is set to perform on the hottest stage in sport during the summer seasons.

     

    The READY Product uses responsive fabrics and intuitive design to help athletes perform.

     

    The READY apparel uses a smart layering system that allows athletes to build modular sports outfits that address seasonal needs, selecting different pieces that can be worn together without bulking at the seams and which allow for maximum movement, comfort, and ventilation.

     

    NEW TECHNOLOGY

     

    ASICS: creating quality lifestyle through intelligent sports technology.Although the well-known Japanese sports company ASICS started operating in 1977, its origins may be traced back to 1949, when Kihachiro Onitsuka, a former military commander, founded Onitsuka Co.

     

    in Kobe, Japan. In the 1950s, Mr. Onitsuka set out to equip the youth of Japan with suitable shoes to promote participation in sports. He had a strong enthusiasm for sports and health.

     

    The business changed its name to ASICS in the late 1970s. The phrase “a sound mind in a sound body” from the Latin language, Anima Sana In Corpore Sano, is the basis of the name.

     

    It is the company’s operating concept and the cornerstone upon which it still rests. “Create quality lifestyle through intelligent sport technology” is the company’s long-standing mission statement.

     

    ASICS has created a lot of advancements and inventions since its founding. Many of these ideas have helped athletes smash records at sporting events all across the world.

     

    Among other footwear categories, the business has focused on creating high-performance running shoes.To meet various situations and guarantee athletes enjoy a comfortable running experience, the firm has created a selection of distinctive running shoe styles. The creator of the firm, Mr.

     

    Onitsuka, made a strong commitment to fusing technology, design, and comfort with performance in every generation of shoes. The 1960-launched ‘Magic Runner’ marathon line serves as an early illustration of this.

     

    Long-distance marathon runners were able to avoid getting blisters because of the “Magic Runner’s” air ventilation device. Many of ASICS’ innovations have been granted Japanese patents.

     

    The ASICS Institute of Sport Science was founded by ASICS in Kobe, Japan, in 1985. The Institute, which serves as the business’s research and development (R&D) hub, is in charge of creating a variety of technologies in keeping with the company’s dedication to cutting-edge sports innovation and human-centric science.

     

    The Institute creates distinctive materials and structures to satisfy the demands of athletes by analysing natural movements and actions. As a result of broadening the Institute’s activity in recent years, ASICS has improved its R&D capabilities.

     

    ASICS keeps creating new innovations to raise the calibre and effectiveness of athletic footwear. For instance, the creation of sports shoe bottoms is a primary area of R&D attention. 

     

    Innovative solutions for fit, cushioning, stability, flexibility, grip, ventilation, and durability are also a focus of R&D efforts.

     

    The business has a sizable portfolio of intellectual property (IP) rights, which it uses to both fund and defend its investment in these technologies.

     

    For its extremely cushioned GEL brand technology and shoes introduced in 1986, ASICS is arguably best known. Both technology and the selection of shoes are evolving.

     

    The GEL-QUANTUM INFINITY model, which has a full-length GEL technology-infused midsole affording athletes better comfort and an aesthetically stunning pair of trainers, incorporates the most recent advancements in GEL technology.

     

    Additionally, ASICS created FLYTEFOAM, a lightweight and durable foam material that is used in the midsole of popular running shoe lines.

     

    Because of the technology’s superior shape recovery capabilities, ASICS footwear equipped with FLYTEFOAM technology quickly returns to its original form after each step.

     

    The “organic fibres” in the polymer foam used to create this lightweight technology provide long-lasting cushioning. High-quality adaptable cushioning in the shoe gives runners a more supportive, robust, and long-lasting trainer.

     

    The most recent iteration of ASICS’ storied GEL NIMBUS shoe, which was introduced in 2018, incorporates the company’s extremely successful FLYTEFOAM Propel and GEL technologies.

     

    Again, the shoe is a testament to ASICS’ dedication to ongoing development and provides outstanding comfort for runners. These cushioning innovations provide a springy sense for increased energy and lightness.

     

    Launched in February 2019, the company’s most recent and highly anticipated METARIDE model incorporates a number of unique technologies into a completely novel design.

     

    The METARIDE model, which incorporates GUIDESOLE technology, is a cutting-edge sports shoe intended to simplify long-distance running. It is hailed as one of ASICS’ most significant technologies in the past 70 years.

     

    Running efficiency is increased because of the precise engineering that reduces movement in the ankle joint, which absorbs the majority of energy.

     

    The curving sole of the shoe is precisely engineered to redistribute body weight forward and give runners the impression of easy movement.

     

    ASICS has always collaborated with runners to provide the technology needed for more supportive and effective sports footwear. The ASICS Running Lab, a running shop that specialises in high-tech running attire, gear, and footwear, provides more proof of this.

     

    Athletes may maximise their running performance and lower their risk of injury by using the ASICS Running Lab to choose the ideal shoe for their foot type and motion.

     

    SPONSORSHIP

     

    Global sportswear producers like ASICS participate actively in athletic events all over the world, either as sponsors of the events or as official providers of sportswear (shoes, clothes, accessories, and equipment).

     

    The development and delivery of high-quality products by the sporting goods sector assists athletic performance within the confines of the changing laws and rules of competitive sports.

     

    Sports events are extremely effective marketing platforms because of the nearly universal appeal of sports and the wide-ranging advantages that come from physical exercise in terms of health, well-being, and fostering a feeling of community.

     

    A sports company gets the chance to advertise its goods and associated cutting-edge technology and designs to sports fans all over the world as the official sponsor of a sporting event that is televised live.

     

    Sports events that are broadcast turn into incredibly effective marketing platforms with the ability to reach billions of viewers on television or through internet streaming services.

     

    As a result, sponsors are far more concerned about how their brands—which are protected by trademark rights—are utilised.

     

    When creating and introducing any new items during such events, they also take measures to make sure an efficient IP strategy is in place.

     

    It is an honour for ASICS to be an official sponsor of the Tokyo 2020 Olympic and Paralympic Games in the “Sporting Goods” category.

     

    In order to avoid ambush marketing in particular, the firm will take all necessary steps to ensure the correct use and protection of its IP as well as those of other sponsors.

     

    The 2020 Olympic and Paralympic Games will present the firm with an excellent chance to promote the ASICS brand to a worldwide audience and to highlight the company’s dedication to promoting healthy and sustainable communities by fostering great lives via intelligent sports technology. By doing this, we will help the most famous sporting event in the world succeed.

     

    SPORTS APPAREL MARKET COMPANIES PROFILED

     

    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2024-2030
    21 Product installation rate by OEM, 2024
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2024
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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