Global Sports Apparel Market Projected to Record Highest CAGR by 2020 to 2027

GMI Research market report focuses on providing an overview of the industry through detailed market segmentation. The report has information related to the overview and scope of the market followed by the key drivers, restraints, and emerging trends in the market. This report is especially designed to include both qualitative and quantitative aspects of the industry in each region and country included in the study.

List of Significant Manufacturers in the Sports Apparel Market include:

Adidas AG
Nike, Inc.
Puma SE
Under Armour Inc.
Ralph Lauren Corporation
Umbro International
Fila Holdings Corp.
Lululemon Athletica Inc.
New Balance Athletic Inc.
Columbia Sportswear Company

Sports Apparel Market Drivers and Restraints:

Growing health awareness, shifting lifestyles of individuals, improved marketing strategies used by players, and increasing government’s focus toward sports activities in different regions, are the major factors boosting the growth of the market. It has created an affluent population, which consists of working individuals and youth, thereby disrupting lifestyles. This lifestyle affects the daily life of an individual, with multiple problems associated with anxiety, stress, obesity, and others. Thereby, individuals worldwide have changed their focus toward a healthy lifestyle with nutritious food and physical activities. Physical activities enhance body image, relieve stress, and reduce anxiety. All these exceptional advantages have raised individuals' focus on yoga, gym, Zumba, dance, aerobics, and other activities. Furthermore, growing physical activities increase demand for sports apparel as they are more protective and comfortable compared to casual outfits.

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Nowadays, online marketing strategies are being preferred by players in the market, which fuels the growth of the sports apparel market share in terms of revenue. Apart from television advertisements, marketers have started targeting a special group of individuals through fitness blogs, fitness influences, social media ad campaigns, and others. Brands also endorse their products through celebrities, which gains the high popularity of the target audience. In addition to this, improved marketing strategies by market players are accelerating the growth of the market at a global level.

Segmentation: Sports Apparel Market

Sports Apparel Market: By End-User

Children
Men
Women

Sports Apparel Market: By Distribution Channel

E-commerce
Supermarket/Hypermarket
Brand Outlets
Discount Stores

Sports Apparel Market: By Region

North America

United States of America
Canada

Asia Pacific

China
Japan
India
Rest of APAC

Europe

United Kingdom
Germany
France
Spain
Rest of Europe

Brazil
South Africa
Saudi Arabia
UAE
Rest of the world (remaining countries of the LAMEA region)

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