Sportswear or Activewear contains footwear and apparel worn during sports or any physical workout. The outlook for the sportswear market appears confident, with increase in health and rapid innovation awareness among the people across the globe. Growing awareness about lading a about the health benefits and healthy lifestyle of fitness yoga, running, activities, such as swimming, and aerobics are expected to drive the market. Growing popularity of sports events, such as Olympic Games, Soccer World Cup, and Cricket World Cup, is also boosting the development of this market. Growth in participation of people in a wide range of sporting events, such as tennis, football, and cricket, is boosting the demand for sportswear across the globe. Growth in disposable income, high spending power of consumers, and growth in propensity of consumers to purchase comfortable clothing are some of the major factors driving the global sportswear market. These consumers are opting for numerous fitness activities such as running, swimming, and gym to stay active and healthy. Growth in request for fashion-friendly sports apparel has encouraged key players to announce innovative products that meet the requirements of consumers. Many technologies such as insulators, nano-technology, microfibers are gaining popularity in the sportswear market.

Global Sportswear Market is projected to grow up to US$ 586.59 billion by 2028 growing at a CAGR of 11.02% during the forecasting period 2023-2028.

Report Scope

The global market report scope consists of a comprehensive study covering primary factors impacting the industry trends. The study includes analysis of regional and country-level market dynamics. The scope also consists of competitive overview offering company market shares coupled with company profiles for key revenue contributing companies. The report scope covers a detailed competitive outlook covering market shares and profiles of key participants in the market share.

Major Market Players

The key players of the market are Nike; Inc., Adidas AG, LI-NING Company Ltd, Umbro Ltd., Puma SE Inc., Fila Inc., Lululemon Athletica Inc., Under Armour, Columbia Sportswear Company ad Anta Sports Products Ltd. Inc.

The Global sportswear Market report has been categorized as below     

By Distribution Channel Outlook

• Online
• Retail

By End-User

• Men
• Women
• Kids

By Product

• Shoes
• Clothes

By Region

• North America
• Europe
• Asia Pacific
• Rest of the World

The years considered for the study are as follows:

• Base year – 2022
• Estimated year – 2023
• Projected year – 2022
• Forecast period – 2023 to 2028

Key Questions Addressed by the Report

• New products/service competitors are exploring?
• Key players in the sportswear market and how extreme is the competition?
• What are the future market trends that manufacturers are emphasizing on in the future updates?
• For each segment, what are the crucial opportunities in the market?
• What are the key growth strategies embraced by key market players in the market?
• What are the key success strategies adopted by major competitors in the market?

Why Buy this Report:

• Obtain comprehensive insights on the sportswear & market trends
• Note comprehensive analysis of the market status
• Identifies the market opportunities and growth segments
• Assessing business segments & product portfolios, and explain competitive dynamics
• Provide strategy planning and industry dynamics to strengthen decision making