Global Sports and Fitness Wear Market 2019-2023

  • Published: Oct 2018
  • Pages: 152
  • SKU: IRTNTR30168
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The global sports and fitness wear market size will grow by USD 50.46 billion during 2019-2023. This report provides an analysis of the market by end-users (men and women), product (bottom wear, top wear, and support items), application (outdoor, sports-inspired, and performance), and geography (the Americas, APAC, and EMEA). Also, the report analyzes the market’s competitive landscape and offers information on several companies including Adidas, Nike, PUMA, Under Armour, and VF Corporation.

Some of the key findings from this sports and fitness wear market analysis report are summarized below

Sports-and-Fitness-Wear-Market

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Global Sports and Fitness Wear Industry Overview

The sales volume of sports and fitness wear is increasing because of the growing interest of individuals across the world in various sports activities. Baseball, ball sports, racket sports are some of the popular sports that are witnessing a rise in number of tournaments. This will result in an increased need for sports and fitness wear. The rise in number of sports tournaments will be one of the major factors that will drive the growth of the sports and fitness wear market during the forecast period.

Technological advancements in sports and fitness wear will also drive market growth during 2019-2023. The growing interest in sports activities among individuals has intensified the level of competition among companies in the sports apparel industry. As a result, companies are highly focusing on the development and introduction of innovative products to enhance their customer base. Few vendors have already introduced products manufactured using thermal technology and moisture-wicking fabrics. The increasing demand for sports apparel will lead to further technological developments in sports and fitness wear products, which will subsequently drive sports and fitness wear market growth.

Top Sports and Fitness Wear Companies Covered in this Market Research Report

The sports and fitness wear market is fragmented due to the presence of many companies. By offering a complete analysis of the market's competitive landscape and with information on the products offered by these companies, this sports and fitness wear industry analysis will help clients identify new growth opportunities and design new growth strategies.

The report offers a complete analysis of a number of companies, including:

  • Adidas
  • Nike
  • PUMA
  • Under Armour
  • VF Corporation

Sports and Fitness Wear Market Segmentation Based on Geographic Region

  • Americas
  • APAC
  • EMEA

With a complete study of the growth opportunities for companies across the Americas, APAC, and EMEA, our industry research analysts have found that countries in the Americas accounted for the largest share of the market during 2018.

Sports and Fitness Wear Market Segmentation Based on Products

  • Bottom wear
  • Top wear
  • Support items

According to our market research experts, the top wear segment accounted for the highest market share in 2018. This report provides a detailed analysis of all the product segments to the growth of the sports and fitness wear market size.

Key highlights of the Global Sports and Fitness Wear Market Forecast Report for the Period 2019-2023

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will accelerate the growth of sports and fitness wear market during the next five years
  • Precise estimation of global sports and fitness wear market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the sports and fitness wear industry across the Americas, APAC, and EMEA
  • A thorough analysis of the market's competitive landscape and detailed information on several vendors
  • Comprehensive information about factors that will challenge the growth of sports and fitness wear companies

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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