Sports apparel market to exceed us$ 362.3 bn by 2032 amid rising demand for trendy and comfortable sportswear

NEW YORK, April 12, 2022 /PRNewswire/ -- The global sports apparel market is poised to expand at a CAGR of 5.8% between 2022 and 2032. Overall sales in the sports apparel market are estimated to reach US$ 205.2 Bn in 2022.

Rising health consciousness is motivating people to engage in physical activities such as running, aerobics, yoga, swimming, and others. On account of this, to maintain a sporty look, sales of sports apparels are expected to increase over the forecast period.

Additionally, growing participation of women in sports and fitness activities is improving the demand for comfortable and fashionable sports apparel. This is likely to create prolific growth opportunities for the manufacturers.

Moreover, key players are focusing on adopting new marketing strategies such as promotional marketing, advertising campaigns and celebrity brand endorsement for sports apparel. This is projected to push the demand in the market over the forthcoming years.

Consequently, demand for comfortable and fashionable active wear such as pastel colored yoga pants and others is surging through social media platforms. This is anticipated to spur the sales of sports apparel by 2.3x over the assessment period.

More Valuable Insights on Sports Apparel Market

Fact.MR in its latest study provides a comprehensive analysis on the global sports apparel market for the forecast period of 2022 to 2032. It also uncovers key factors spurring the sales of sports apparel market with detailed segmentation as follows:

By Product Type

● Tops & T-Shirts

● Hoodies & Sweatshirts

● Jackets & Vests

● Shorts

● Socks

● Surf & Swimwear

● Pants & Tights

● Others

By End-Use

● Men Sports Apparel

● Women Sports Apparel

● Children Sports Apparel

By Sales Channel

● Online Sales Channel

-Company Owned Websites

-E-Commerce Websites

● Offline Sales Channel

-Modern Trade Channels

-Independent Sports Outlet

-Franchised Sports Outlet

-Specialty Stores

-Other Sales Channel

By Region

● North America

● Latin America

● Europe

● East Asia

● South Asia & Oceania

● Middle East and Africa (MEA)

Leading manufacturers operating in the global sports apparel market are concentrating on advancing their product line to cater to the growing demand for comfortable active wear. Meanwhile, some of manufacturers are using biodegradable materials to tackle growing recyclability issues as well as to gain competitive edge.

Post time: Jun-01-2022