Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

The Sportswear Market to Reach $635.69 Billion by 2028, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, & Forecast 2023-2028 - Arizton

This image opens in the lightbox

News provided by

Arizton Advisory & Intelligence

20 Sep, 2023, 18:50 GMT

Share this article

Share toX

Share this article

Share toX

CHICAGO, Sept. 20, 2023 /PRNewswire/ -- Arizton publishes the latest research report on the sportswear market. The market will grow at a CAGR of 6.93% during 2022-2028.

To Know More, Download the Free Sample Report: https://www.arizton.com/request-sample/3957

Continue Reading
This image opens in the lightbox
Sportswear Market Research Report by Arizton

Browse In-Depth TOC on the Sportswear Market          
89 – Tables         
133 – Charts          
330 – Pages     

Surge in Sports Engagement Ignites Remarkable Growth in Sportswear Market

The sportswear market is witnessing remarkable expansion, propelled by a surge in sports participation. This increased engagement in sports has led to a heightened demand for sportswear products, resulting in substantial gains for manufacturers and retailers alike. Moreover, the growing emphasis on fitness and wellness is further fueling consumer appetite for sportswear items.

The increased focus on fitness and well-being has motivated more individuals to participate in a diverse range of sports and physical activities, including recreational sports, fitness classes, and outdoor adventures. These pursuits often necessitate specialized sportswear tailored to specific exercises or environments, such as yoga attire, running shoes, or hiking gear.

As the number of people actively engaging in sports activities continues to rise, the sportswear consumer base is expanding across different regions. Consequently, the future outlook for sportswear product demand remains exceedingly positive, driven by these pivotal factors.

Global Sportswear Market Report Scope

Report Attributes

Details

Market Size (2028)

USD 635.69 Billion

Market Size (2022)

USD 425.37 Billion

CAGR (2022-2028)

6.93 %

Base Year

2022

Forecast Year

2023-2028

Market Segmentation

Product, Activity Type, End-Users, Distribution Channel, and Geography

Geographic Analysis

North America, Europe, APAC, Latin America, and Middle East & Africa

Market Dynamics

·  Expanding Involvement in Gyms and Outdoor Activities

·  Significant Participation in Sports

·  Promotional and Advertising Strategies Aiding Industry Growth

·  Government Initiatives Supporting Demand for Sportswear

·  Rising Prevalence of Obesity and Other Health-Related Issues

As the global sportswear market presents a lucrative revenue growth potential, many vendors are expected to enter the market during the forecast period. It is also anticipated to make the market highly consolidated. Many firms are expected to expand their local stores in other regions, such as North America and Europe, which is likely to lead to a price war between new and existing vendors. Sportswear products are expected to increase with the rise in the adoption of sports activities.

Promotional and Advertising Strategies Fuel Market Expansion

Companies are harnessing technology to captivate the youth market on ubiquitous social media platforms. This approach leads to amplified brand followers, increased revenue, and heightened product awareness. The cost-effectiveness of social media marketing, in contrast to conventional advertising methods, is a major draw for businesses. Crafting informative and valuable content centered around fitness, health, and sports positions a brand as an industry authority. Utilizing blogs, articles, videos, and podcasts, companies can enlighten consumers, offer workout advice, and spotlight the advantages of their sportswear products. This strategic approach fosters brand loyalty and nurtures enduring customer relationships.

Sponsorship plays a crucial role in the sportswear industry. Companies pay athletes, designers, actors, and other influential individuals to wear and promote their products, effectively influencing consumer behavior. These individuals serve as the public faces of the company, helping to enhance brand recognition and desirability. For instance, PUMA signs multiple deals with the Confederação Brasileira de Atletismo (CBAt), and the Brazilian team wore PUMA apparel during the World Championships in Oregon, US, in 2023. Moreover, PUMA sponsored 24 adult and youth teams to increase brand awareness among consumers, and sports athletes.

Buy the Report Now: https://www.arizton.com/market-reports/sportswear-market-size-analysis

Post-Purchase Benefit               

  • 1hr of free analyst discussion
  • 10% of customization

APAC to witness the Fastest Growth Rate in the Sportswear Market

The APAC sportswear market to grow at a CAGR of 8.70% during 2022-2028. APAC has experienced significant economic growth in recent years, with countries such as China, India, and Southeast Asian countries leading the way. This growth has led to increased disposable income, urbanization, and consumer spending, resulting in a high demand for sportswear. This has enabled consumers to spend highly on recreational activities, including sports, thereby driving the demand for sportswear. Global sportswear brands such as Nike, Adidas, Puma, Under Armour, and Reebok have a strong presence in the APAC market and continue to invest in expanding their reach.

Recent Developments

Adidas: In 2022, the company partnered with Foot Looker, one of the athletic retailers, for new product innovation in the market. Thus, it has a target to achieve more than $2 billion in retail sales by the end of 2025.

PUMA: In May 2023, the company has a partnership with Formula 1 races. The company provides motorsport apparel, footwear, and accessories. In addition, products are available in PUMA stores across the world. This partnership can increase brand awareness among diverse consumer groups, including Gen Z and the affluent.

ANTA Sports Goods: In 2022, the company developed the supply chain management model. Through the new model, the organization increases the fastest delivery and quality, reduces costs, covers a diverse range, and analyzes store inventory. This helps the company to increase efficiency and create good brand representation among consumers.

Market Segmentation

  • Product: Apparel and Footwear and accessories
  • Activity Type: Sports, Training and Activewear, Swimming, and Others
  • End-Users: Male, Female, and Children
  • Distribution Channel: Offline and Online
  • Geography: North America, Europe, APAC, Latin America, and Middle East & Africa

Key Company Profiles

  • adidas
  • Nike
  • PUMA
  • ASICS Corporation
  • ANTA Sports Goods
  • Page Industries
  • lululemon athletica
  • HANESBRANDS
  • Under Armour
  • V.F. Corporation
  • Columbia Sportswear Company
  • BROOKS BROTHERS GROUP
  • Decathlon
  • Kappa
  • New Balance
  • Life is Good
  • Saucony
  • Castore
  • Mizuno Corporation
  • Outdoor Voices
  • THE GAP
  • Pentland Group
  • GEOX s.p.a
  • DECKERS BRANDS
  • RALPH LAUREN MEDIA LLC
  • Iconix International
  • Authentic Brands Group LLC
  • Recreational Equipment
  • Foot Locker
  • P.E NATION INTERNATIONAL
  • New Era Cap
  • Oakley
  • Fruit of the Loom
  • Everlast Worldwide
  • Academy Sports + Outdoors
  • Li-Ning Company Limited
  • DICK'S Sporting Goods

Market Segmentation

Product

  • Apparel
  • Footwear and Accessories

Activity Type

  • Sports
  • Training and Activewear
  • Swimming
  • Others

End-Users

  • Male
  • Female
  • Children

Distribution Channel

  • Online
  • Offline

Geography

  • North America
    • The US
    • Canada
  • APAC
    • China
    • India
    • Japan
    • Australia
    • South Korea
  • Europe
    • Germany
    • The UK
    • France
    • Italy
    • Spain
    • Netherlands
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Middle East & Africa
    • Turkey
    • Saudi Arabia
    • The UAE
    • South Africa
    • Egypt
    • Nigeria

Get the Detailed TOC @ https://www.arizton.com/market-reports/sportswear-market-size-analysis?details=tableOfContents

Key Questions Answered in the Report:

  • How big is the global sportswear market?
  • What is the growth rate of the global sportswear market?
  • Which region dominates the global sportswear market share?
  • What are the significant trends in the sportswear market?
  • Who are the key players in the global sportswear market?

Check Out Some of the Latest Research Reports:

Industrial Sewing Thread Market - Global Outlook and Forecast 2021-2026

Fantasy Sports Market - Global Outlook & Forecast 2023-2028

Diving Suit Market - Global Outlook and Forecast 2021-2026

Sports Headphones Market - Global Outlook and Forecast 2019-2024

Why Arizton?     

  • 100% Customer Satisfaction
  • 24x7 availability – we are always there when you need us
  • 200+ Fortune 500 Companies trust Arizton's report
  • 80% of our reports are exclusive and first in the industry
  • 100% more data and analysis
  • 1500+ reports published till date

About Us: 

Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.     

We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.  

Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.  

Contact Us:     

Call: +1-312-235-2040          
          +1 302 469 0707      
Mail: enquiry@arizton.com      
Contact Us: https://www.arizton.com/contact-us                                
Blog: https://www.arizton.com/blog                                
Website: https://www.arizton.com/        

Photo: https://mma.prnewswire.com/media/2216105/sportswear_market_Arizton.jpg
Logo: https://mma.prnewswire.com/media/818553/Arizton_Logo.jpg

Modal title

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.