Loading...
0

Sports Apparel Market is Estimated to Garner $184.6 Billion, Globally, by 2020

 
 

quote Based on geography, North American region dominated the global sports apparel market in 2014. However, in terms of growth, APAC region would outpace all the other regions, and emerge as the biggest market of the sports apparel from 2018 onwards. The growth would primarily be driven by the increasing disposable income, rising health awareness and the evolving sports industry. quote

Priyanka Bisht

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

Global Sports Apparel Market is expected to generate revenue of $184.6 billion by 2020, growing at a CAGR of 4.3% during the forecast period, 2015-2020, according to new research published by Allied Market Research. Growing health awareness, increasing disposable income and a surge in female participation in sports are the major factors driving the growth of the sports apparels market.

The global sports apparel market is categorized, based on end users, into apparels for men, women and kids. The men segment dominates the sports apparel market, constituting around 52% of the total market revenue. The women segment is the second biggest contributor, expected to grow at a relatively higher CAGR of 5.7% during the forecast period, on account of the growing interest and participation of women in different sports activities.

Based on the mode of sale; retail segment accounted for significant market share in 2014. Some of the prominent companies have focused on opening retail stores in the emerging economies to expand their geographical presence and increase their customer base. The retail segment comprises of supermarkets, brand outlets and discount stores. Online platforms, especially e-commerce sites, have exhibited a robust growth across the globe, owing to the ease of accessibility and availability of a wide range of products at a competitive price. The online mode of sale segment is expected grow at a CAGR of 9.5% during the forecast period.

Key Findings of Sports Apparel Market:

  • The sports apparel market is expected to exhibit a significant growth during the forecast period (2015-2020) due to increasing disposable income, changing lifestyle and growing health awareness among consumers

  • Men sports apparel is the highest revenue-generating segment in the sports apparel market. The segment would continue to dominate the market throughout the analysis period

  • The retail stores sports apparel segment would grow at a CAGR of 3.1% during the forecast period

  • Asia Pacific would emerge as the largest sports apparel market by 2018

Product launches, acquisition and partnership have been the key growth strategies adopted by established players in the market to increase their market share and expand their customer base. The key companies profiled in the report include, Adidas AG, Nike, Inc., Puma SE, Under Armour, Inc., Ralph Lauren Corporation, Umbro Ltd., Fila, Inc., Lululemon Athletica Incorporation, New Balance Athletic Shoe, Inc. and Columbia Sportswear Company.

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Shaun Godinho
Communications Officer
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

 
 

First time buyer?
Check offers and discount on this report
To get this report

 
Click Here
 
 

quote Sports Apparel Market by End User (Men, Women, Kids) and Mode of Sale (Retail stores, Supermarkets, Brand outlets, Discount stores, Online stores) - Global Opportunity Analysis and Industry Forecast, 2014 - 2020 quote

View Report
 
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
 

Get Fresh content delivered

Get insights on topics that matter to your business. Stay updated on the area that interests you.

 
Get Industry Data Alerts
 

Buy Full Version
"Sports Apparel Market"
Purchase Enquiry