Authored By: Sarah
18 Sep 2023

Tennis Apparel Market In Americas Size to Grow by $ 94.70 mn through 2021-2025  

Technavio research projects the tennis apparel market in americas to grow by $ 94.70 mn, accelerating at a CAGR of almost 4% till 2025. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking


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Tennis Apparel Market In Americas: Key Market Driver

One of the primary factors that will trigger the growth of the tennis apparel market in americas size is growing adoption of healthy lifestyle. This research report provides a comprehensive analysis of all the factors that are likely to propel market growth, taking into account the market trends as well as challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.

Tennis Apparel Market In Americas | COVID-19 Impact Analysis

Tennis Apparel Market In Americas: Vendor Analysis

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. adidas AG, ANTA Sports Products Ltd., ASICS Corp., Babolat Co., Fila Holdings Corp., Lotto sport Italia Spa, Nike Inc., PUMA SE, Sumitomo Rubber Industries Ltd., and Under Armour Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with a pipeline analysis of vendor operations and the impact of government regulations.

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The Tennis Apparel Market in Americas has the potential to grow by $ 94.70 mn during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of almost 4% .

This tennis apparel market in americas research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by End-user (Men, Women, and Children), Distribution Channel (Offline and Online), and Geographic (US, Canada, Brazil, Argentina, and Rest of Americas). The tennis apparel market in americas report also offers information on several market vendors, including adidas AG, ANTA Sports Products Ltd., ASICS Corp., Babolat Co., Fila Holdings Corp., Lotto sport Italia Spa, Nike Inc., PUMA SE, Sumitomo Rubber Industries Ltd., and Under Armour Inc. among others.


Tennis Apparel Market In Americas: Receive FREE sample report


The Consumer Discretionary sector is expected to have NEGATIVE impact due to the spread of COVID-19 virus. There has been a NEGATIVE impact on the tennis apparel market in Americas as well due to the restrictions imposed on outdoor activities.

Tennis Apparel Market In Americas | COVID-19 Impact Analysis

Tennis Apparel Market In Americas: Top Drivers to Impact Market Growth

  • Hectic work schedules and the associated increase in stress levels are increasing the prevalence of health issues, especially among the urban population. This, in turn, is encouraging people to exercise daily to remain healthy and reduce the risk of developing various chronic medical conditions such as obesity, heart diseases, diabetes, and depression.
  • The increasing prevalence of chronic diseases and growing awareness about the benefits of staying fit are increasing the adoption of various sports activities, including tennis, by a large population of countries in the Americas. Playing tennis acts as a high-intensity interval training workout that helps in improving metabolic function, lowering body fat, improving muscle flexibility, reducing risk for developing CVDs and type-2 diabetes, and increasing aerobic fitness. Such advantages of playing tennis are driving the number of tennis players in the Americas, which, in turn, is expected to drive the tennis apparel market in Americas during the forecast period.
  • Expansion of retail and online distribution landscape. Vendors in the market tare focusing on adopting various strategies such as opening new retail stores or remodeling the existing stores to expand and enhance their customer base across the Americas. For instance, in August 2019, PUMA SE (Germany) opened its first North American flagship store in New York City (US). The company focused on providing consumers a unique shopping experience through effective interaction. The store includes a customization studio, innovative sports engagement zones, and digitally connected offerings. I

Tennis Apparel Market In Americas: Report Highlights: 

  • CAGR of the market during the forecast period
  • Detailed information on factors that will Tennis Apparel Market in Americas growth during the next five years
  • Precise estimation of the Tennis Apparel Market in Americas size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the Tennis Apparel Market in Americas industry across
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of Tennis Apparel Market in Americas vendors

Market Segmentation by End-user

    • Tennis Apparel Market In Americas Split by End-user
      • Men
      • Women
      • Children
    • Tennis Apparel Market In Americas Split by Distribution Channel
      • Offline
      • Online
    • Tennis Apparel Market In Americas Split by Geographic
      • US
      • Canada
      • Brazil
      • Argentina
      • Rest of Americas

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • adidas AG
  • ANTA Sports Products Ltd.
  • ASICS Corp.
  • Babolat Co.
  • Fila Holdings Corp.
  • Lotto sport Italia Spa
  • Nike Inc.
  • PUMA SE
  • Sumitomo Rubber Industries Ltd.
  • Under Armour Inc.

 

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