Authored By: Sarah
11 Jul 2024

 Sports And Fitness Wear Market Size to grow by USD 62.3 billion between 2024-2028

According to a research report “ Sports And Fitness Wear Market” by End-user (Women, Men) Product (Top wear, Bottom wear, Support items) Application (Outdoor, Sports-inspired, Performance) Geography (North America, APAC, Europe, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 62.3 billion, at a CAGR of  4.49% during the forecast period. The global sports and fitness wear market is experiencing significant growth due to increasing health consciousness and sedentary work schedules. With the rise of obesity and health issues such as diabetes and high cholesterol, there is a heightened emphasis on maintaining an active lifestyle through regular exercise. This trend is driving demand for sports and fitness wear as individuals seek functional and stylish apparel to support their health goals. Additionally, the youth demographic is increasingly recognizing the importance of preventative health measures, further fueling market expansion.

Browse market data tables, figures, and in-depth TOC on “Sports And Fitness Wear Market” by End-user (Women, Men) Product (Top wear, Bottom wear, Support items) Application (Outdoor, Sports-inspired, Performance) Geography (North America, APAC, Europe, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample

 

By End-user, the Women segment is projected to dominate the market size in 2024

The Sports and Fitness Wear market represents a significant business opportunity, driven by the increasing health consciousness and active lifestyle trends. Consumers seek high-performance apparel that enhances comfort, functionality, and style. Market players focus on innovation, technology integration, and sustainable production to cater to evolving customer demands. The sector's growth is further fueled by e-commerce platforms and collaborations with fitness influencers.

By Product, Top wear  segment is expected to hold the largest market size for the year 2024

The Sports and Fitness Wear market represents a significant business opportunity, driven by the increasing health consciousness and active lifestyle trends. Consumers seek high-performance apparel that enhances comfort, functionality, and style. Brands focusing on innovative materials, technology, and design are gaining traction, as they cater to the evolving needs of fitness enthusiasts and athletes. The market's growth is further fueled by strategic collaborations, partnerships, and e-commerce platforms that facilitate seamless access to these products.

North America is forecasted to hold the largest market size by region in 2024

The Sports and Fitness Wear market represents a significant business opportunity, driven by the increasing global health consciousness and the growing popularity of active lifestyles. This sector encompasses performance apparel, footwear, and equipment designed to enhance athletic performance and promote wellness. Market trends include advanced materials, customizable options, and integrated technology solutions. Companies that can effectively cater to these demands and deliver high-quality, innovative products will thrive in this competitive landscape.

The Sports And Fitness Wear Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • Adidas AG
  • ASICS Corp.
  • Brooks Sports Inc.
  • Columbia Sportswear Co.
  • Deckers Outdoor Corp.
  • Kappa
  • Karhu Holding BV
  • Li Ning Co. Ltd.
  • lululemon athletica Inc.
  • Mizuno USA Inc.
  • New Balance Athletics Inc.
  • Nike Inc.
  • Patagonia Inc.
  • PUMA SE
  • Ralph Lauren Corp.
  • Skechers USA Inc.
  • The Gap Inc.
  • Under Armour Inc.
  • VF Corp.
  • Wolverine World Wide Inc.
.

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Research Analysis Overview

The Sports and Fitness Wear market is a thriving industry that caters to the needs of various demographics, including gym goers, young working professionals, teenagers, and even individuals engaged in individual or team sports. Brands like Nike, Adidas, and Under Armour dominate this market, offering high-performance activewear made from breathable fabrics such as Spandex. These fabrics provide excellent stretching ability, lightness, and friction reduction, making them ideal for physical fitness activities. Public institutions and corporations have also joined the bandwagon, offering their employees premium sportswear as part of their wellness programs. Urban localities have seen a surge in demand for gym apparel market, with a focus on water resistance and fashionable designs. Fashion designers have collaborated with activewear brands to create stylish and comfortable clothing that blends fashion and functionality. Youngsters and women, in particular, are driving the demand for fashionable and comfortable activewear. The line between gym apparel and casual wear is blurring, with many opting for activewear in their daily lives. The emphasis on comfort and product performance has made activewear a staple in the modern wardrobe, whether one is engaging in fitness activities or leading an active lifestyle.

Market Research Overview

The Sports and Fitness Wear market is a dynamic and growing industry, encompassing various segments such as Yoga, Weightlifting, and Running trends. Brands are leveraging social media campaigns and collaborating with fitness influencers to promote their Athleisure trend offerings. Consumers, including young working professionals, youngsters, gym goers, and urban localities, are increasingly drawn to custom apparel like sweatshirts, T-shirts, tanks, sports bras, and leggings made from recycled fabrics, organic materials, and eco-friendly materials. Industry frontrunners in the Workout cloth market are focusing on product performance, temperature regulation, water resistance, and stretching ability, while also addressing fashion trends and price sensitivity. Brands are expanding their offerings to include premium sportswear and casual wear for both men and women. Fashion designers are incorporating breathable fabrics like microfiber and Spandex into their designs, prioritizing comfort and lightness, as well as friction reduction for active lifestyle enthusiasts. The market for Leather goods and Nylon is also growing, catering to consumers engaged in individual sports and adventure travel. Public institutions and corporations are also investing in gym apparel for their employees, further fueling the market's growth. Women in sports are a significant demographic, with a focus on fitness activities and physical fitness. Overall, the Sports and Fitness Wear market is a diverse and evolving industry, responding to the needs and preferences of consumers.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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