Sports Apparel Market Overview
The global sports apparel market is estimated to witness a CAGR of greater than 7% during the forecast period (2022 – 2027). Rising health and self-consciousness, desire to lead active lifestyles and to appear fit, is encouraging consumers to incorporate sports and fitness activities into their daily routine. The rising participation of women in professional and domestic sports and fitness activities is expected to drive the market over the forecast period. The availability of sports apparel with enhanced properties such as moisture management, temperature control, and other performance-boosting characteristics that prevent discomfort and potential injury, has captured the interest of consumers, who have been observed to be willing to pay more for such additional benefits.
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Sports Apparel Market – Geographical Overview
Asia-Pacific is the fastest-growing region in the global sports apparel market, owing to countries such as China and India which have a higher percentage of young population. The increasing appetite for foreign brands, and rising disposable income, coupled with the desire to lead improved lifestyles are expected to positively impact the demand for sports apparel in the region. China, backed by government initiatives to encourage active participation in sports, is leading the market in the region and has the potential to surpass the United States as the leading market worldwide in the future.
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Mordor Intelligence has segmented the global sports apparel market based on sport, end-user, distribution channel, and geography:
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