Sportswear Market: Introduction
The global sportswear market has witnessed continuous development over the past couple of years and is expected to grow significantly more during the period 2020-2026. Exploration introduces an overall assessment of the sportswear market and contains future patterns, current growth factors, conscious sentiments, certainties, chronicle information, and factually backed and industry-approved market information.
the global sportswear market was valued at USD 3,83,256 million in 2018 and is expected to reach a value of USD 663,444.70 million by 2026, registering a CAGR of 7.1% during the forecast period, 2019-2026.
Competitive analysis
The report contains an in-depth analysis of the vendor’s profile, including financial health, business units, key business priorities, SWOT, strategies and opinions.
Nike, Inc., Adidas Group, ASICS Corporation, PUMA SE, SKECHERS USA, Inc., Under Armor Performance, Gap Inc., KORAL LLC and Columbia Sportswear Company.
Suppliers were identified based on portfolio, geographic presence, marketing and distribution channels, revenue generation and significant R&D investments.
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Vendors across different verticals are planning major investments in this market and hence, the market is expected to grow at an impressive rate in the coming years. The major players are adopting various organic and inorganic growth strategies such as mergers and acquisitions, collaboration and partnerships, joint ventures, and few other strategies to gain a strong position in the global market.
The report provides an extensive assessment of the market, providing in-depth qualitative insights, historical data and justifiable projections as well as assumptions about the size of the Activewear market. The projections presented in the report have been derived using proven research methodologies and assumptions based on vendor portfolio, blogs, white papers, and vendor presentations. Thus, the research report represents all aspects of the Sportswear Market and is segmented on the basis of regional markets, offerings, applications, and end users.
By product, Clothing, Upper body, Lower body, Others, Footwear, Accessories
By material, Natural, Cotton, Wool, Others, Synthetic, Polyester, Nylon, Spandex, Neoprene, Polypropylene, Others
By Distribution Channel, Retail, Traditional Sporting Goods Retailer, Specialty Stores, Online
Regional analysis
North America held the largest sportswear market share in 2018 and is expected to dominate the market over the forecast period. The market will witness a strong rise in the following regions covered: North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
Advantages
Companies in the sportswear industry provide business continuity with powerful protection by constantly checking the report and representing attractive growth opportunities for businesses. Activewear meets all the needs of operators by allowing them to improve their services and focus on their core business. Activewear Market Research aims to increase business agility and reduce operating and capital expenditures through improved technology deployments and capacity planning. The report examines service types and regions related to this Sportswear market. Additionally, the report provides details about the major challenges affecting the growth of the market.
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Other report features:
- Provides an in-depth analysis of key strategies with a focus on corporate structure, R&D methods, location strategies, production capacities, sales and performance of various companies.
- Provides valuable product portfolio insights including product planning, development and positioning.
- Analyzes the role of the major players in the sportswear market and their partnerships as well as mergers and acquisitions.
Thank you for reading this article; you can also get individual chapter wise sections or region wise report versions like North America, Europe or Asia.
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