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Tennis Apparel, Footwear, and Accessories Market in US by End-user and Distribution Channel - Forecast and Analysis 2021-2025

  • Published: Feb 2021
  • Pages: 120
  • SKU: IRTNTR70116
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The tennis apparel, footwear, and accessories market size in the US has the potential to grow by USD 173.10 million during 2021-2025, and the market’s growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by end-user (men, women, and children) and distribution channel (offline and online). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including adidas AG, Amer Sports Corp., ASICS Corp., Fila Holdings Corp., Lotto sport Italia Spa, New Balance Athletics Inc., Nike Inc., PUMA SE, The Gap Inc., and Under Armour Inc.

Market Overview

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Market Competitive Analysis

The market is fragmented. adidas AG, Amer Sports Corp., ASICS Corp., Fila Holdings Corp., Lotto sport Italia Spa, New Balance Athletics Inc., Nike Inc., PUMA SE, The Gap Inc., and Under Armour Inc. are some of the major market participants. Factors such as increasing awareness about the health benefits of sports will offer immense growth opportunities. However, threats associated with counterfeit tennis apparel and footwear may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this tennis apparel, footwear, and accessories market forecast report of the US provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this tennis apparel, footwear, and accessories market analysis report of the US provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • adidas AG
  • Amer Sports Corp.
  • ASICS Corp.
  • Fila Holdings Corp.
  • Lotto sport Italia Spa
  • New Balance Athletics Inc.
  • Nike Inc.
  • PUMA SE
  • The Gap Inc.
  • Under Armour Inc.

Tennis Apparel, Footwear, and Accessories Market in the US: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive tennis apparel, footwear, and accessories market growth in US during the next five years
  • Precise estimation of the tennis apparel, footwear, and accessories market size in US and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of tennis apparel, footwear, and accessories market vendors in US

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Tennis Apparel, Footwear, and Accessories Market Scope in US

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 6%

Market growth 2021-2025

$ 173.10 million

Market structure

Fragmented

YoY growth (%)

5.43

Regional analysis

US

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

adidas AG, Amer Sports Corp., ASICS Corp., Fila Holdings Corp., Lotto sport Italia Spa, New Balance Athletics Inc., Nike Inc., PUMA SE, The Gap Inc., and Under Armour Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five Forces Summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by End-user

    • Market segments
    • Comparison by End-user
    • Men - Market size and forecast 2020-2025
    • Women - Market size and forecast 2020-2025
    • Children - Market size and forecast 2020-2025
    • Market opportunity by End-user
    • COVID-19 impact and recovery of the end-user segment

    Market Segmentation by Distribution channel

    • Market segments
    • Comparison by Distribution channel
    • Offline - Market size and forecast 2020-2025
    • Online - Market size and forecast 2020-2025
    • Market opportunity by Distribution channel

    Customer landscape

    • Volume drivers – Demand led growth
    • Market challenges
    • Market trends

    Vendor Landscape

    • Overview
    • Vendor landscape
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • adidas AG
    • Amer Sports Corp.
    • ASICS Corp.
    • Fila Holdings Corp.
    • Lotto sport Italia Spa
    • New Balance Athletics Inc.
    • Nike Inc.
    • PUMA SE
    • The Gap Inc.
    • Under Armour Inc.

    Appendix

    • Scope of the report
    • Research methodology
    • Currency conversion rates for US$
    • List of abbreviations

    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
    Interested in this report?
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    The tennis apparel, footwear, and accessories market growth will increase by $173.10 million during 2020-2025.
    The tennis apparel, footwear, and accessories market is expected to grow at a CAGR of 6.35% during 2020-2025.
    Technavio has segmented the tennis apparel, footwear, and accessories market by end user (Men, Women, and Children) ,distribution channel (Offline and Online) , and geographic (North America, Europe, Asia, and ROW).
    adidas AG, Amer Sports Corp., ASICS Corp., Fila Holdings Corp., Lotto sport Italia Spa, New Balance Athletics Inc., Nike Inc., PUMA SE, The Gap Inc., Under Armour Inc. are a few of the key vendors in the tennis apparel, footwear, and accessories market.
    North America will register the highest growth rate of 37.06% among the other regions. Therefore, the tennis apparel, footwear, and accessories market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the tennis apparel, footwear, and accessories market growth are:
    • Increasing awareness about health benefits of sports
    • Funding for building new tennis facilities
    The tennis apparel, footwear, and accessories market vendors should focus on grabbing business opportunities from the men segment as it accounted for the largest market share in the base year.
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