Global Sports Apparel Market Overview
The global Sports Apparel market was valued at USD 171.98 billion in 2019 and is expected to reach USD 243.59 billion by the year 2026, at a CAGR of 5.15%.
Sports apparel and outdoor clothes are used for wearing during physical or sports activities. The individuals enthusiastic about sports, gym and other activities prefer specific kind of apparel that provides comfort, safety, and energy to perform better. Sports apparels are generally flexible and lightweight so that the person is at his comfort while engaged in the sports activity.
According to the analyst, the major driving factors for the Sports Apparel market size 2020 is expected to be USD 180.49 billion due to the increasing awareness of health across the globe. Factors like the rising popularity of health clubs and gyms are increasing the demand of the global sportswear market. This is the major driver for increasing the awareness among the millennials about the advantages of sports and outdoor games. Celebrity endorsements and social media platforms are also one of the largest platforms for increasing the growth of the Global sports apparel market.
By the end of 2027, the Sports Apparel market size is estimated to be USD 256.51billion. Major key players are introducing innovative and comfortable sports apparel that is attracting the target audience to increase the size of the market. For instance, Adidas has launched its performance tank tops which provide extra comfort and energy for the individual. Global Sports Apparel market major industry manufacturer Nike has launched its various sportswear through celebrities like Maria Sharapova, Neymar, Cristiano Ronaldo, Rafael Nadal, and LeBron James which has increased the market size of the brand.
The Sports Apparel market is segmented by Product type (Hoodies & Sweatshirts, Tops & T-Shirts, Jackets & Vests, Shorts, Socks, Surf & Swimwear, Pants & Tights, and Others), by Distribution Channel type (Online Stores, Supermarkets/Hypermarkets, Retail Stores, Brand Outlets, Discounted Stores), by Sports (Soccer, Basketball, Baseball and Others), by End-User (Children, Men and Women). The market is further analyzed on the basis of regional analysis and divided into major regions like North-America, Latin America, Asia-Pacific, Europe and MEA.
Impact of COVID-19 on Sports Apparel Market
Due to major countries that underwent the lockdown because of the novel coronavirus, there was a major hitch in the market of consumer goods due to the shortage in supply of raw materials. As the pandemic hit across the globe, the industries and the manufacturing companies weren’t prepared for the economic loss incurred due to the lockdown. Hence, the consumer goods market suffered a bit lost due to it. But as the companies gained their feet in the market, the sports apparel and consumer goods market gained the perspective of the situation, there is an increase in the growth. There is a noticeable growth for the sports apparel market in the forecast period due to the high awareness about fitness and the people now getting more health-conscious after the pandemic.
Market Segmentation
The Sports Apparel market is segmented by Product type |
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By Distribution Channel type |
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By Sports |
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Regions and Countries Level Analysis: |
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End-User Type Insights:
By end-user industry type, the market is segmented into children, men, and women. In this segment, the Men segment is accounted for the largest segment with more than half of the market share of 54.32% and estimated to have a market size of USD 132.89 billion in the year 2026 with a CAGR of 5.20%. While the segment for women is expected to have the highest CAGR of 5.28% in the forecast period due to the changing lifestyle and the influence from social media trends and the market size of USD 64.09 billion in the year 2026.
Distribution Channel Type Insights:
By Distribution Channel type, the market is segmented into Online Stores, Supermarkets/Hypermarkets, Retail Stores, Brand Outlets, Discounted Stores. In this segment, Discounted Stores segment is accounted for the largest segment with a market share of 34.71% and estimated to have a market size of USD 84.99 billion in the year 2026 with a CAGR of 5.21%. Due to the variety of sportswear with discounted price and trial before purchase benefits, this segment is dominating the market. However, the increased use of smartphones and the heavy penetration of e-commerce and online retail stores with easy access to the audience has made the segment online stores the fastest-growing segment in the forecast period with a CAGR of 5.48%.
Major Key Players Considered in the Market
- Adidas AG,
- Nike, Inc.,
- Puma SE,
- Under Armour, Inc.,
- Ralph Lauren Corporation,
- Umbro Ltd.,
- Fila, Inc,
- Lululemon Athletica Incorporation,
- New Balance Athletic Shoe, Inc.,
- Decathlon,
- Amer Sports Corporation,
- Billabong International Limited,
- Everlast Worldwide Inc.,
- GAP Inc.,
- Jockey International,
- Lotto Sport,
- Columbia Sportswear Company
- many others.
Competitive Analysis of the Sports Apparel Market
The approximate expected value for Sports Apparel was USD 171.98 billion in 2019, and it is expected to reach USD 243.59 billion by 2026.
- Puma SE collaborated with Cloud9 to launch an apparel section for the gamers in the year 2019. The clothing for the apparel section is available on both the company’s website which includes pants and branded league players jerseys.
- Cloud9, an escort brand, helped Puma to explore different target audiences and helped increase the customer base through the market.
- In 2019, for an e-sports competition in China, Nike colluded with the League of Legends Pro League to provide sneakers, clothing, and jerseys as their official apparel provider.
- Decathlon, a major industry player for Sports apparel, was appointed as an official licensee of the National Basketball Association (NBA) across all the major regions in 2021.
Frequently Asked Questions :
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1. What is the major driver for the Sports Apparel Market ?
Factors like increasing health awareness among the target audience and the endorsements by celebrities on the social media are hyping the growth of the market.
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2. What was the market size during the impact of COVID-19 ?
The estimated market size for the Sports Apparel is valued at USD 180.49 billion in the year 2020.
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3. What size is the Sports Apparel market expected to take in terms of volume and value during the study period ?
The market size is estimated to be USD 256.51 billion in the year 2027.
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4. Which are the major key players for the Sports Apparel market ?
Adidas AG, Nike, Inc., Puma SE, Under Armour, Inc., Ralph Lauren Corporation, Umbro Ltd., Fila, Inc, Lululemon Athletica Incorporation, New Balance Athletic Shoe, Inc., Decathlon.
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5. What are the segments for Sports Apparel market ?
The market is segmented into Product type, Distribution Channel type, Sports, End-User and main regions like North-America, Asia-Pacific, Latin America, MEA and Europe.
Table of Content Chapter 1 About the Sports Apparels Industry 1.1 Industry Definition and Types 1.1.1 Shirt 1.1.2 Coat 1.1.3 Pants 1.1.1.4 Skirts 1.2 Main Market Activities 1.3 Similar Industries 1.4 Industry at a Glance Chapter 2 World Market Competition Landscape 2.1 Sports Apparels Markets by Regions 2.1.1 USA Market Revenue (M USD) and Growth Rate 2015-2020 Sales and Growth Rate 2015-2020 Major Players 2.1.2 Europe Market Revenue (M USD) and Growth Rate 2015-2020 Sales and Growth Rate 2015-2020 Major Players 2.1.3 China Market Revenue (M USD) and Growth Rate 2015-2020 Sales and Growth Rate 2015-2020 Major Players 2.1.4 India Market Revenue (M USD) and Growth Rate 2015-2020 Sales and Growth Rate 2015-2020 Major Players 2.1.5 Japan Market Revenue (M USD) and Growth Rate 2015-2020 Sales and Growth Rate 2015-2020 Major Players 2.1.6 South East Asia Market Revenue (M USD) and Growth Rate 2015-2020 Sales and Growth Rate 2015-2020 Major Players 2.2 World Sports Apparels Market by Types Shirt Coat Pants Skirts 2.3 World Sports Apparels Market by Applications Professional Athletic Amateur Sport 2.4 World Sports Apparels Market Analysis 2.4.1 World Sports Apparels Market Revenue and Growth Rate 2015-2020 2.4.2 World Sports Apparels Market Consumption and Growth rate 2015-2020 2.4.3 World Sports Apparels Market Price Analysis 2015-2020 Chapter 3 World Sports Apparels Market share 3.1 Major Production Market share by Players 3.2 Major Revenue (M USD) Market share by Players 3.3 Major Production Market share by Regions in 2020, Through 2025 3.4 Major Revenue (M USD) Market share By Regions in 2020, Through 2025 Chapter 4 Supply Chain Analysis 4.1 Industry Supply chain Analysis 4.2 Raw material Market Analysis 4.2.1 Raw material Prices Analysis 2015-2020 4.2.2 Raw material Supply Market Analysis 4.2 Manufacturing Equipment Suppliers Analysis 4.3 Production Process Analysis 4.4 Production Cost Structure Benchmarks 4.5 End users Market Analysis Chapter 5 Company Profiles 5.1 Nike 5.1.1 Company Details (Foundation Year, Employee Strength and etc) 5.1.2 Product Information (Picture, Specifications and Applications) 5.1.3 Revenue (M USD), Price and Operating Profits 5.2 Adidas 5.2.1 Company Details (Foundation Year, Employee Strength and etc) 5.2.2 Product Information (Picture, Specifications and Applications) 5.2.3 Revenue (M USD), Price and Operating Profits 5.3 Puma 5.3.1 Company Details (Foundation Year, Employee Strength and etc) 5.3.2 Product Information (Picture, Specifications and Applications) 5.3.3 Revenue (M USD), Price and Operating Profits 5.4 VF 5.4.1 Company Details (Foundation Year, Employee Strength and etc) 5.4.2 Product Information (Picture, Specifications and Applications) 5.4.3 Revenue (M USD), Price and Operating Profits 5.5 Anta 5.5.1 Company Details (Foundation Year, Employee Strength and etc) 5.5.2 Product Information (Picture, Specifications and Applications) 5.5.3 Revenue (M USD), Price and Operating Profits 5.6 Gap 5.6.1 Company Details (Foundation Year, Employee Strength and etc) 5.6.2 Product Information (Picture, Specifications and Applications) 5.6.3 Revenue (M USD), Price and Operating Profits 5.7 Columbia Sports Apparels 5.7.1 Company Details (Foundation Year, Employee Strength and etc) 5.7.2 Product Information (Picture, Specifications and Applications) 5.7.3 Revenue (M USD), Price and Operating Profits 5.8 Lululemon Athletica 5.8.1 Company Details (Foundation Year, Employee Strength and etc) 5.8.2 Product Information (Picture, Specifications and Applications) 5.8.3 Revenue (M USD), Price and Operating Profits 5.9 LiNing 5.9.1 Company Details (Foundation Year, Employee Strength and etc) 5.9.2 Product Information (Picture, Specifications and Applications) 5.9.3 Revenue (M USD), Price and Operating Profits 5.10 Under Armour 5.10.1 Company Details (Foundation Year, Employee Strength and etc) 5.10.2 Product Information (Picture, Specifications and Applications) 5.10.3 Revenue (M USD), Price and Operating Profits 5.11 Amer Sports 5.11.1 Company Details (Foundation Year, Employee Strength and etc) 5.11.2 Product Information (Picture, Specifications and Applications) 5.11.3 Revenue (M USD), Price and Operating Profits 5.12 ASICS 5.12.1 Company Details (Foundation Year, Employee Strength and etc) 5.12.2 Product Information (Picture, Specifications and Applications) 5.12.3 Revenue (M USD), Price and Operating Profits 5.13 Hanesbrands 5.13.1 Company Details (Foundation Year, Employee Strength and etc) 5.13.2 Product Information (Picture, Specifications and Applications) 5.13.3 Revenue (M USD), Price and Operating Profits 5.14 PEAK 5.14.1 Company Details (Foundation Year, Employee Strength and etc) 5.14.2 Product Information (Picture, Specifications and Applications) 5.14.3 Revenue (M USD), Price and Operating Profits 5.15 Ralph Lauren 5.15.1 Company Details (Foundation Year, Employee Strength and etc) 5.15.2 Product Information (Picture, Specifications and Applications) 5.15.3 Revenue (M USD), Price and Operating Profits 5.16 361sport 5.16.1 Company Details (Foundation Year, Employee Strength and etc) 5.16.2 Product Information (Picture, Specifications and Applications) 5.16.3 Revenue (M USD), Price and Operating Profits 5.17 Xtep 5.17.1 Company Details (Foundation Year, Employee Strength and etc) 5.17.2 Product Information (Picture, Specifications and Applications) 5.17.3 Revenue (M USD), Price and Operating Profits 5.18 Billabong 5.18.1 Company Details (Foundation Year, Employee Strength and etc) 5.18.2 Product Information (Picture, Specifications and Applications) 5.18.3 Revenue (M USD), Price and Operating Profits 5.19 Kappa 5.19.1 Company Details (Foundation Year, Employee Strength and etc) 5.19.2 Product Information (Picture, Specifications and Applications) 5.19.3 Revenue (M USD), Price and Operating Profits Chapter 6 Globalisation & Trade 6.1 Business Locations 6.2 Supply channels 6.3 Marketing strategy 6.4 Barriers to Entry Chapter 7 Distributors and Customers 7.1 Major Distributors and contact information by Regions 7.2 Major Customers and contact information by Regions Chapter 8 Import, Export, Consumption and Consumption Value by Major Countries 8.1 USA 8.2 Germany 8.3 China 8.4 Japan 8.5 India Chapter 9 World Sports Apparels Market Forecast through 2025 9.1 World Sports Apparels Demand by Regions Forecast through 2025 9.2 World Sports Apparels Price(by Regions, Types, Applications)Analysis Forecast through 2025 9.3 World Sports Apparels Revenue (M USD)(by Regions, Types, Applications) Forecast through 2025 9.4 World Sports Apparels Market Analysis 9.4.1 World Sports Apparels Market Revenue and Growth Rate 2015-2020 9.4.2 World Sports Apparels Market Consumption and Growth rate 2015-2020 9.4.3 World Sports Apparels Market Price Analysis 2015-2020 Chapter 10 Key success factors and Market Overview
Tables and figures Table Main Market Activities by Regions Table Market Revenue (M USD) and Growth Rate 2015-2020 Table Major Players Table Market Revenue (M USD) and Growth Rate 2015-2020 Table Major Players Table Market Revenue (M USD) and Growth Rate 2015-2020 Table Major Players Table Market Revenue (M USD) and Growth Rate 2015-2020 Table Major Players Table Market Revenue (M USD) and Growth Rate 2015-2020 Table Major Players Table Major Production Market share by Players 2019 Table Major Revenue (M USD) Market share by Players 2019 Table Production Market share by Major Regions in 2015-2020 Table Production Market share by Major Regions in 2020-2025 Table Revenue (M USD) Market share by Regions in 2015-2020 Table Revenue (M USD) Market share by Regions in 2020-2025 Table Industry Supply chain Analysis Table Raw material Prices Analysis 2015-2020 Table Raw material Suppliers Market Analysis Table Manufacturing Equipment Suppliers Analysis Figure Production Process Analysis Figure Production Cost Structure Table major End Users by Regions Table Nike Information List Figure Sports ApparelsSports Apparels Picture, Specifications and Applications of Nike Table Sports Apparels Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Nike 2019-2020 Figure Sports Apparels Sales Volume and World Market Share of Nike 2019-2020 Table Adidas Information List Figure Sports Apparels Picture, Specifications and Applications of Adidas Table Sports Apparels Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Adidas 2019-2020 Figure Sports Apparels Sales Volume and World Market Share of Adidas 2019-2020 Table Puma Information List Figure Sports Apparels Picture, Specifications and Applications of Puma Table Sports Apparels Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Puma 2019-2020 Figure Sports Apparels Sales Volume and World Market Share of Puma 2019-2020 Table VF Information List Figure Sports Apparels Picture, Specifications and Applications of VF Table Sports Apparels Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of VF 2019-2020 Figure Sports Apparels Sales Volume and World Market Share of VF 2019-2020 Table Anta Information List Figure Sports Apparels Picture, Specifications and Applications of Anta Table Sports Apparels Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Anta 2019-2020 Figure Sports Apparels Sales Volume and World Market Share of Anta 2019-2020 Table Gap Information List Figure Sports Apparels Picture, Specifications and Applications of Gap Table Sports Apparels Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Gap 2019-2020 Figure Sports Apparels Sales Volume and World Market Share of Gap 2019-2020 Table Columbia Sports Apparels Information List Figure Sports Apparels Picture, Specifications and Applications of Columbia Sports Apparels Table Sports Apparels Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Columbia Sports Apparels 2019-2020 Figure Sports Apparels Sales Volume and World Market Share of Columbia Sports Apparels 2019-2020 Table Lululemon Athletica Information List Figure Sports Apparels Picture, Specifications and Applications of Lululemon Athletica Table Sports Apparels Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Lululemon Athletica 2019-2020 Figure Sports Apparels Sales Volume and World Market Share of Lululemon Athletica 2019-2020 Table LiNing Information List Figure Sports Apparels Picture, Specifications and Applications of LiNing Table Sports Apparels Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of LiNing 2019-2020 Figure Sports Apparels Sales Volume and World Market Share of LiNing 2019-2020 Table Under Armour Information List Figure Sports Apparels Picture, Specifications and Applications of Under Armour Table Sports Apparels Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Under Armour 2019-2020 Figure Sports Apparels Sales Volume and World Market Share of Under Armour 2019-2020 Table Amer Sports Information List Figure Sports Apparels Picture, Specifications and Applications of Amer Sports Table Sports Apparels Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Amer Sports 2019-2020 Figure Sports Apparels Sales Volume and World Market Share of Amer Sports 2019-2020 Table ASICS Information List Figure Sports Apparels Picture, Specifications and Applications of ASICS Table Sports Apparels Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of ASICS 2019-2020 Figure Sports Apparels Sales Volume and World Market Share of ASICS 2019-2020 Table Hanesbrands Information List Figure Sports Apparels Picture, Specifications and Applications of Hanesbrands Table Sports Apparels Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Hanesbrands 2019-2020 Figure Sports Apparels Sales Volume and World Market Share of Hanesbrands 2019-2020 Table PEAK Information List Figure Sports Apparels Picture, Specifications and Applications of PEAK Table Sports Apparels Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of PEAK 2019-2020 Figure Sports Apparels Sales Volume and World Market Share of PEAK 2019-2020 Table Ralph Lauren Information List Figure Sports Apparels Picture, Specifications and Applications of Ralph Lauren Table Sports Apparels Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Ralph Lauren 2019-2020 Figure Sports Apparels Sales Volume and World Market Share of Ralph Lauren 2019-2020 Table 361sport Information List Figure Sports Apparels Picture, Specifications and Applications of 361sport Table Sports Apparels Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of 361sport 2019-2020 Figure Sports Apparels Sales Volume and World Market Share of 361sport 2019-2020 Table Xtep Information List Figure Sports Apparels Picture, Specifications and Applications of Xtep Table Sports Apparels Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Xtep 2019-2020 Figure Sports Apparels Sales Volume and World Market Share of Xtep 2019-2020 Table Billabong Information List Figure Sports Apparels Picture, Specifications and Applications of Billabong Table Sports Apparels Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Billabong 2019-2020 Figure Sports Apparels Sales Volume and World Market Share of Billabong 2019-2020 Table Kappa Information List Figure Sports Apparels Picture, Specifications and Applications of Kappa Table Sports Apparels Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Kappa 2019-2020 Figure Sports Apparels Sales Volume and World Market Share of Kappa 2019-2020 Table Business Locations Figure Supply channels Figure Marketing strategy Table Barriers Analysis to Entry Table Major Distributors and contact information by Regions Table Major Customers and contact information by Regions Table USA Supply, Import, Export, Consumption and Consumption Value(M USD) Table Germany Supply, Import, Export, Consumption and Consumption Value(M USD) Table China Supply, Import, Export, Consumption and Consumption Value(M USD) Table Japan Supply, Import, Export, Consumption and Consumption Value(M USD) Table India Supply, Import, Export, Consumption and Consumption Value(M USD) Table World Demand by Regions Forecast Analysis of Sports Apparels (2020-2025) Table World Price by Regions Forecast Analysis of Sports Apparels (2020-2025) Table World Price by Types Forecast Analysis of Sports Apparels (2020-2025) Table World Price by Applications Forecast Analysis of Sports Apparels (2020-2025) Table World Revenue (M USD) by Regions Forecast Analysis of Sports Apparels (2020-2025) Table World Revenue (M USD) by Types Forecast Analysis of Sports Apparels (2020-2025) Table World Revenue (M USD) by Applications Forecast Analysis of Sports Apparels (2020-2025)