Tag: Billion

Sports Apparel Market Size to Exceed USD 248.1 Billion By 2026 | CAGR of 5.1%

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Sports-Apparel-Market

the men segment held the highest share, accounting for more than half of the global market share.

PORTLAND, OREGON, UNITED STATES, June 28, 2023/EINPresswire.com/ — According to a new report published by Allied Market Research, titled, “Sports Apparel Market by End User and Distribution Channel: Opportunity Analysis and Industry Forecast, 2018-2026,” the sports apparel market size was valued at $167.7 billion in 2018 and is estimated to reach $248.1 billion by 2026, registering a CAGR of 5.1% from 2019 to 2026.

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In 2018, the men end user segment accounted for more than half of the share in the total sports apparel market and is expected to grow at a CAGR of 4.6% throughout the forecast period. U.S. is one of the prominent regions in the market that accounted for a sizeable share of the total market in 2018. Sports apparel are mainly worn during workout sessions or while playing sports. They are designed to provide comfort and agility while performing physical movements. Sports apparel are made using breathable fabrics that allow sweat to evaporate faster, helping the person wearing it remains fresh for long. Polyester, microfiber, calico, and spandex are some of the most commonly used fabrics in the production of these clothing. Initially, the sports apparel was mostly worn by athletes but, with time, it has become quite common with regular gym-goers and other non-athletes.

The sports apparel market has witnessed significant growth over the years and is expected to grow at a steady pace during the forecasted period. The factors that drive the sports apparel market growth include growth in health awareness and increase in adoption of fitness activities such as aerobics, swimming, running, and yoga among consumers. Moreover, rise in participation of women in sports and

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Tricky Experience Sports Devices Current market Report 2023: A $3.9 Billion Industry by 2028

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Dublin, April 04, 2023 (World NEWSWIRE) — The “Tricky Adventure Sporting activities Products Current market by Variety (Climbing Tools, Trekking Machines, and Other folks), Application (Dry Land Sporting activities, Water Sporting activities, Air Sports activities), Distribution Channel (Independent Retailers, Expert Merchants, Online Stores, and Other individuals), and Region 2023-2028” report has been additional to ResearchAndMarkets.com’s offering.

The world wide challenging journey sports tools market sizing reached US$ 3.2 Billion in 2022. Wanting ahead, the sector is projected to access US$ 3.9 Billion by 2028, exhibiting a CAGR of 3.35% during 2022-2028.

The escalating participation in sports activities and outdoor functions, effortless product or service availability throughout numerous e-commerce platforms, and growing wellness consciousness among the masses represent some of the key components driving the current market.

Tough journey sports activities equipment refers to specially developed gear employed for out of doors functions, these types of as trekking, climbing, mountaineering, and caving. It involves sleeping baggage, jackets, climbing boots, rope ladders, tents, backpacks, ropes, carabiners, helmets, cams, damp fits, and dive lights. It is extensively employed to offer security and comfort and ease when engaging in a variety of actions.

Hard experience sporting activities tools is created employing metals, ceramics, polymers, and composite supplies. It is comfy and tough as it is subjected to a ton of use and tear and allows quick movement in tight spaces and above tough terrain. It also shields cavers from the hazards inherent in caving, these as slipping rocks or slipping on damp surfaces.

Tough Adventure Athletics Tools Market Traits:

The escalating participation in sports activities and out of doors routines is just one of the crucial things driving the market place progress. Tricky experience sporting activities products is extensively applied to improve security in a variety of scenarios and support athletes in

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Sports Equipment and Apparel Market is estimated to surge at a CAGR of 8.3% to reach US$ 930.5 Billion by 2031

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Sports Equipment and Apparel

Rise in popularity of sport and fitness activities among the youth propels the overall sports equipment and apparel market growth.

PORTLAND, OREGON, UNITED STATES, February 13, 2023 /EINPresswire.com/ — According to a new report published by Allied Market Research, titled, “Sports Equipment and Apparel Market,” The sports equipment and apparel market was valued at $340.6 billion in 2020, and is estimated to reach $930.5 billion by 2031, growing at a CAGR of 8.3% from 2022 to 2031.

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Sports equipment are utility devices or tools useful for engaging in sports activity. Similarly, sports apparel is useful for boosting the sports performance with required comfort. Increase in fitness consciousness among consumers and rapid rise in per capita disposable income are expected to boost demand for sports equipment and apparels. In addition, trend of sports apparel among young sports enthusiasts and advancements in formulation of sports equipment fuel the market growth. However, decline in participation of the young generation in sports activity hampers the market growth.

Moreover, increase in interest of consumers in leisure activities other than sports such as movies, musical concerts, virtual gaming, and others restrains the growth of the market. Conversely, increase in participation of various organizations in donation of these equipment and apparel to emerging sport enthusiasts and athletes with poor financial background is anticipated to provide lucrative sports equipment and apparel market opportunities. For instance, Sports Gift, Let’s Play It Forward, Global Sports Foundation, and One World Play Project are some of the well-known organizations that support the sports equipment donation process. Thus, rise in distribution of sports equipment and apparel through online retail platform is anticipated to boost the sports equipment and apparel market growth in near future.

The market for

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In-the-water sports equipment market size is expected to grow by USD 5.78 billion from 2021 to 2026: A descriptive analysis of five forces model, market dynamics, and segmentation

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NEW YORK, Feb. 9, 2023 /PRNewswire/ — According to Technavio, the global in-the-water sports equipment market size is estimated to grow by USD 5.78 billion from 2021 to 2026. The market is estimated to grow at a CAGR of 3.91% during the forecast period. Moreover, the growth momentum will accelerate. North America will account for 45% of the market’s growth during the forecast period. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. For more insights on market size, request a sample report

Technavio has announced its latest market research report titled Global In-the-Water Sports Equipment Market

In-the-water sports equipment market – Five forces
The global in-the-water sports equipment market is fragmented, and the five forces analysis covers–

  • Bargaining power of buyers

  • The threat of new entrants

  • Threat of rivalry

  • Bargaining power of suppliers

  • Threat of substitutes

  • For an interpretation of Porter’s five forces model – Buy the report!

In-the-water sports equipment market – Customer landscape

The report includes the market’s adoption lifecycle, from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

In-the-water sports equipment market – Segmentation assessment

Segment overview
Technavio has segmented the market based on product (sports gear and sports apparel), type (swimming, water aerobics, and water polo), and distribution channel (offline and online).

  • The sports gear segment will account for a significant share of the market’s growth during the forecast period. The growth of this segment is attributed to factors such as the rising popularity of different types of water sporting activities and the reopening

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Sports activities Products and Apparel Market place Valuation Value USD 930.5 Billion by 2031, At 8.3% CAGR

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PORTLAND, OR, UNITED STATES, July 18, 2022 /EINPresswire.com/ — According to a new report released by Allied Marketplace Analysis, titled, Sports Machines and Clothing Market place by Item Style, by Sporting activities Sort, by Distribution Channel: Worldwide Opportunity Assessment and Field Forecast, 2020-2031,” The lockdown throughout numerous countries and ban on global journey has disrupted the supply chain and earnings chain.

The athletics devices and clothing market place was valued at $340.6 billion in 2020, and is estimated to achieve $930.5 billion by 2031, increasing at a CAGR of 8.3% from 2022 to 2031.

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Sports activities equipment are utility products or tools beneficial for participating in sports exercise. In the same way, sports clothing is useful for boosting the sporting activities effectiveness with necessary ease and comfort. Enhance in fitness consciousness amid individuals and swift increase in for each capita disposable money are envisioned to improve desire for sporting activities tools and apparels.

In addition, development of sports activities apparel amid younger sporting activities fans and enhancements in formulation of athletics devices gas the market progress. Having said that, drop in participation of the youthful era in athletics activity hampers the current market growth.

By products sort, gear segment retains optimum share of 52.8% in 2019, and it expected to sustain its dominance around the forecast period. Buyers are progressively spending far more on sportswear and its connected devices with a substantial share of the expenditure constituting of athleisure garments and components. The gear section continues to be extremely aggressive, owing to existence of lots of recognized industry gamers. The industry for tools is flourishing immensely on e-commerce, which is a well-liked retail medium today that also features customers the reward to compare all the obtainable brands of athletics gear.

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A $27.2 Billion Global Opportunity for Licensed Sports Merchandise by 2026 – New Research from StrategyR | News

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SAN FRANCISCO, Feb. 22, 2022 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Licensed Sports Merchandise – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE

What’s New for 2022?

  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies – Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to our digital archives and MarketGlass Research Platform
  • Complimentary updates for one year

Edition: 9; Released: February 2022

Executive Pool: 2633

Companies: 62 – Players covered include eBay Inc.; Everlast Worldwide, Inc.; Knights Apparel, Inc.; Li Ning Company Limited; Newell Brands; Nike, Inc.; Prada SpA; PUMA SE; Quick Silver, Inc.; Ralph Lauren Corporation; Sports Direct International PLC; VF Corporation and Others.

Coverage: All major geographies and key segments

Segments: Product (Apparel & Footwear, Toys & Games, Accessories & Gifts, Other Products); Price Range (Economic, Premium); Distribution Channel (Store Based, Non-Store Based)

Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Complimentary Project Preview – This is an ongoing global program. Preview our research program before you make a purchase decision. We are offering a complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles

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