The new standard and a battleground is athleisure. Athleisure was a huge trend prior to COVID-19, but the pandemic has helped to further blur the lines between work and play, and there is a rising acceptance of casual attire in previously more professional settings. Sports goods companies must rely on their innovation capabilities and market knowledge to compete in this more congested industry as fashion brands quickly enter this space.
Global Sports Apparel Market was valued at USD 171.25 Billion in 2021, and it is expected to reach USD 287.70 Billion by 2029, exhibiting a CAGR of 6.7% during the forecast period (2022-2029)
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Market Scope:
MMR report gives decision making to know the market segments, market trends, growth factors and market key findings. Report also provides major key players in terms of their revenues, business strategies and product launches. The Global Sports Apparel market report provides qualitative and quantitative analysis, market share, size and competitive benchmarking. Our research experts helps you to aware the market risk in present and future for business prospective. The market include landscape analysis, CAGR analysis, five Porter’s analysis and PESTLE analysis
Global Sports Apparel Market Overview:
MMR Report has given detail analysis of Global Sports Apparel market By their type, application and region, in 2020 and forecast Global Sports Apparel market at the end of 2027 with the help of primary and secondary research. The report covers all the market insight, environmental condition, political issue of specific region. Our research methodologies gives all the key finding of Global Sports Apparel market.
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Key Players:
• Nike Inc.
• Fila
• Lululemon Athletica Inc.
• New Balance
• Under Armour Inc.
• Columbia Sportswear Company
• Puma Se
• Adidas AG
• Umbro
• Ralph Lauren Corporation
• Anta International Group Holdings Ltd.
The competitive landscape is an important aspect of which every key actor should be aware. The research illuminates the competitive landscape of the Global Sports Apparel market, allowing readers to understand competitiveness at both the domestic and global levels. Areas of operation, production, and product portfolio are all important considerations. In addition, the study examines key characteristics such as company size, market share, market growth, revenue, production volume, and profitability.
Global Sports Apparel Market Regional Analysis Includes:
- Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
- Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
- North America (United States, Mexico, and Canada.)
- South America (Brazil etc.)
- The Middle East and Africa (GCC Countries and Egypt.)
COVID-19 Impact Analysis on Global Sports Apparel Market:
The COVID-19 pandemic has had a different impact on different racial and ethnic groups. Inequities in the social determinants of health income and wealth, access to and utilisation of health care, education, occupation, discrimination, and housing—are all linked. For emerging market and developing countries, economic headwinds will come from a variety of directions. Even this bleak forecast is rife with uncertainties and significant risks. The speed with which the crisis has swept the global economy may reveal the severity of the downturn. Our highly experienced and knowledgeable staff is always inventing and delivering unique solutions to our clients while utilising cutting-edge technology.
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The following are some of the highlights of the report:
- A global overview of Global Sports Apparel
- The global market’s drivers, restraints, and other forces, as well as the current market size and projections, are identified.
- A comprehensive examination of the regulatory system and policies.
- Comprehensive business profiles of the industry’s top players.
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