Authored By: Sarah
17 Sep 2024

Latest News: Tennis Apparel Market in Americas is expected to grow by a CAGR of 3.94% during 2024-2028; Trends and Forecasts to 2018

The Tennis Apparel Market in Americas is expected to grow at a CAGR of 3.94% to reach USD 91 million by 2028. In the dynamic tennis apparel market in Americas, vendors are relentlessly innovating to enhance the technology and attributes of their offerings. The success of tennis apparel is contingent upon factors such as comfort, flexibility, durability, and wicking. To cater to evolving consumer preferences, global and regional vendors are investing significantly in the creation of advanced and superior tennis apparel. By utilizing specialized materials and refining product designs, these companies aim to deliver unparalleled comfort and functionality to their clientele. The competitive landscape of the tennis apparel market in Americas continues to motivate market participants to continually push the boundaries of design and technology.

Americas dominates the regional market because of The Tennis Apparel Market in the Americas is experiencing significant growth, driven by increasing participation rates and a rising interest in the sport. Key players in this market include Nike, Adidas, and Fila, who are investing in innovative technologies and designs to cater to consumer preferences. Consumbers are seeking high-performance, comfortable, and stylish apparel, leading to a focus on moisture-wicking materials and ergonomic fits. The market is expected to continue expanding, driven by these trends and the growing popularity of tennis as a recreational and competitive activity.

There are various factors that drive the Tennis Apparel Market in Americas market which are as following: The escalating work demands and resulting stress levels among urban populations in the Americas are leading to an increased focus on maintaining good health. This trend is driving a significant interest in daily exercise and sports participation as a means to prevent chronic medical conditions such as obesity, heart diseases, diabetes, and depression. According to the Centers for Disease Control and Prevention (CDC), cardiovascular diseases (CVDs) account for approximately 655,000 fatalities annually in the US. Consequently, there is a growing awareness of the importance of leading active lifestyles to mitigate the risks associated with sedentary work environments, excessive workloads, and unhealthy eating habits. This shift in consumer behavior is creating a robust demand for tennis apparel, as tennis is an accessible and popular sport for people of all ages and fitness levels.

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Tennis Apparel Market in Americas Segmentation

  • Distribution Channel
    • Offline
    • Online
  • End-user
    • Men
    • Women
    • Children
  • Geography
    • Americas

The market witnesses several challenges, which are as follows The tennis apparel market in the Americas, particularly in South American countries, faces limitations in revenue growth due to insufficient sports infrastructure and popular sports preferences. Brazil, for instance, prioritizes football, resulting in minimal professional support for tennis and other sports. Inadequate infrastructure hinders the expansion of the tennis apparel industry in these regions, restricting market potential.

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Some of the key companies that have been profiled in the report include: 

  • Adidas AG
  • ANTA Sports Products Ltd.
  • ASICS Corp.
  • Babolat
  • Bjorn Borg AB
  • BloqUV
  • FILA Holdings Corp.
  • Jofit LLC
  • Loriet LLC
  • Lotto sport Italia Spa
  • Mizuno Corp.
  • New Balance Athletics Inc.
  • Nike Inc.
  • PUMA SE
  • Serigo Tacchini Operations Inc.
  • Solinco Sports
  • Sumitomo Rubber Industries Ltd.
  • Under Armour Inc.
  • Uniqlo Co. Ltd.
  • Yonex Co. Ltd.

Market Research Overview 

The Tennis Apparel Market in the Americas is a segment of the larger global Apparel, Accessories, and Luxury Goods market. This market encompasses businesses involved in the manufacturing, marketing, and rental services of textiles, apparel, accessories, and luxury goods, excluding footwear manufacturers. According to Technavio, the expansion of this market is attributed to several key factors, including the growing working women population, which increases household disposable income and consumer spending on apparel, accessories, and luxury goods. - The Tennis Apparel Market in Americas is experiencing significant growth, fueled by the Increasing awareness about health benefits of sports and growing adoption of healthy lifestyle. Businesses are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Market Research Analysis

The tennis apparel market in the Americas is a thriving industry, catering to the needs of male tennis players, core tennis players, and youth tennis participants. The market offers a wide range of tennis apparel, including undergarments, tops, accessories, hats, shoes, socks, jackets, dresses, shorts, and shirts. Tennis attire for men is a significant segment, with a focus on functionality, comfort, and style. Biobased textiles and eco-friendly materials are gaining popularity in tennis apparel, as consumers become more conscious of their environmental impact. Tennis shoes, socks, hats, and accessories are essential components of tennis wear, ensuring optimal performance and protection on the court. Besides tennis, the apparel market also caters to other sports such as cricket and basketball. Tennis clothing comes in various designs and colors, with skirts and dresses for women and shorts and shirts for men. Tennis jackets provide an extra layer of warmth during cooler matches, while tennis dresses and skirts offer breathability and flexibility. In summary, the tennis apparel market in the Americas is diverse and caters to the needs of various tennis players, offering functional, comfortable, and stylish options made from innovative materials.


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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