Sports Apparel Industry Analysis – Size, Growth, Trends, and Segmentation Market Analysis

Sports Apparel Industry Overview

The market for fitness and sports apparel is expected to increase by over USD 50 billion between 2018-2023, accelerating at a CAGR of 5% during the forecast period. This growth in market size will be attributed to increasing health awareness worldwide and continuing popularity of fitness activities such as yoga, running, aerobics, and other gym activities. Additionally, technological advances in sports and fitness wear are also driving the sports apparel market, as market participants are striving to improve their sports and fitness wear line year-over-year. These technological advancements offer numerous advantages. For example, thermal technology has been gaining popularity because it reacts to temperature and helps in keeping the body warm during colder conditions and climates.

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One of the major sports apparel industry trends taking place is the increase in women participating in sport. This trend has led to major sports apparel industry companies putting more of an emphasis on sports apparel designed for females, as they try to capture more of the women’s sportswear market share. Other emerging trends that will positively impact the market during the forecast period include the growth in the number and membership of health and fitness clubs and the advent of customized and personalized sports apparel.

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Over the past few years, the sportswear industry has also become more fashionable thanks to athleisure wear. The growing popularity of athleisure is becoming not only a sports apparel industry trend but a fashion industry movement as well. Thanks to improved textile materials, sports apparel has become more versatile, allowing consumers to wear clothing designed for workouts in other settings such as at the workplace and social outings. 

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Sports Apparel Market Insights

  • The sales volume of sports apparel is increasingly growing around the world in various sports activities. The rising number of sports tournaments is one of the major factors driving the growth of the sports apparel market.
  • An increasing number of celebrity endorsements is positively impacting the market. Launching campaigns and promoting products by famous athletes is an old and effective marketing strategy undertaken by most apparel manufacturing companies. This increase in promotional activities will further propel the growth prospects for this market.
  • The increasing preference for outdoor recreational activities due to the physical and mental benefits of such activities is expected to aid the market's size increase over the next few years.

Sports Apparel Market Share and Segmentation

Within our sports apparel industry research, we provide deep insights into the market landscape, its segments, and their market share. Our research experts segment this market into sports apparel garments, specialized sports apparel, sports undergarments, athleisure, sports footwear, and sports protective wear.

Our sports apparel market segmentation research offerings include:

  • Sports Apparel Garments Market
    • Tracksuits Market
    • Shorts Market
      • Boardshorts market
      • Gym shorts market
      • Running shorts market
      • Boxer shorts market
      • Tennis skirts & skorts market
    • T-Shirt Market
      • Sleeveless shirt market
    • Polo Shirts Market
      • Rugby shirts market
    • Compression Garments Market
      • Compression shorts market
      • Compression shirts market
      • Compression tights market
      • Compression socks market
      • Compression sleeves market
      • Compression underwear market
  • Athleisure market
    • Yoga Apparel Market
    • Tights Market
    • Sneakers Market
    • Leggings Market
    • Athleisure Shorts Market
      • Boy shorts market
  • Sports Footwear Market
    • Athleisure Sports Footwear Market
    • Running Sports Footwear Market
    • Court-Game Sports Footwear Market
    • Cleats Sports Footwear Market
    • Skates market
      • Ice skates market
      • In-line skates market
    • Riding Boots Market

We at Technavio, with our comprehensive understanding of the sports apparel industry, have been monitoring the latest sports apparel industry developments to create an in-depth portfolio of sports apparel market reports that are based on a broad knowledge of this textile market sphere. Our sports apparel industry analysis covers the following:

  • Sports apparel industry overview
  • Sports apparel industry statistics
  • Sports apparel market share
  • Sports apparel market size
  • Sports apparel market forecast
  • Sports apparel market growth
  • Sports apparel market trends

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