Tag: CAGR

Women Sports and Swimwear Market: Surging Demand Propels USD [$148.32 Bn] with a Strong CAGR of [6.4%] by 2031

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Women Sports and Swimwear Market

Increase in health consciousness among women led to adoption of fitness activities such as yoga, jogging, swimming, &aerobics

PORTLAND, 5933 NE WIN SIVERS DRIVE, #205, UNITED STATE, August 8, 2023/EINPresswire.com/ — Allied Market Research published a report, titled, “Women Sports and Swimwear Market by Material (Synthetic, Natural), by Price Point (Premium, Mass), by Distribution Channel (E commerce, Supermarkets and hypermarkets, Brand Outlets, Discount Stores): Global Opportunity Analysis and Industry Forecast, 2021-2031.”According to the report, the global women sports and swimwear industry generated $81.73 billion in 2021, and is estimated to reach $148.32 billion by 2031, witnessing a CAGR of 6.4% from 2022 to 2031.

Drivers, Restraints, and Opportunities

Increase in health consciousness among women led to adoption of fitness activities such as yoga, jogging, swimming, &aerobics and thus, increased the demand for sports and swimwear. This, in turn, drives the growth of the global women sports and swimwear market. Moreover, increase in demand for high-end swimwear and expansion of public and private swimming pools supplement the growth. However, the presence of counterfeit goods and fluctuating costs of raw materials used for manufacturing clothes restrain the market growth. On the other hand, high adoption of e-commerce platforms and the emergence of innovative materials such as neoprene create opportunities in the coming years.

Get detailed COVID-19 impact analysis on the Women Sports and Swimwear Market @https://www.alliedmarketresearch.com/request-for-customization/17283?reqfor=covid

Covid-19 Scenario

Production activities for sports and swimwear were stopped completely or partially due to lockdown implementation, unavailability of sufficient workforce, and disruptions in the supply chain worldwide. This impacted the overall production volumes.
The demand from sports and swimwear reduced considerably due to closure ofsports events, gyms, fitness centers, and other places that promote physical activities. Moreover, swimming pools and beaches were also closed during

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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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Sports Robotic Kit Market Size To Surpass USD$ 1,424.2 Million by 2033; Exhibiting A CAGR of 13.6%

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FACT.MR

Sports Robotic Kit Market Analysis By Weight (Light Weight (Up to 20 Lbs), Middle Weight (21 – 40 Lbs), Heavy Weight (Above 40 Lbs)), By Sales Channel (Online Sales, Offline Sales), By End User (Individual, Institutes, Professional), and Region – Global Insights 2023 to 2033

Rockville, May 03, 2023 (GLOBE NEWSWIRE) — A 10-year projection from 2023 to 2033 is provided in Fact.MR’s recent study on the Sports Robotic Kit Market. Other details include significant market-shaping aspects including drivers, constraints, and opportunities. The market is segmented into product type, payload capacity, robot axes, application, end user, and region to make the information for a clear understanding of key trends.

Fact.MR – A Market Research and Competitive Intelligence Provider: According to Fact.MR, the global sports robotic kit market is likely to reach a valuation at US$ 397.9 million in 2023 and is expected to grow at a CAGR of 13.6% during the forecast years of 2023-2033. The increasing disposable income of the parents has created the demand for smart sports equipment for the kids.

Using robotics kits, students can work in teams to solve a problem or accomplish a common goal. This is a great way to improve teamwork skills. By bringing a variety of strengths, knowledge, and concepts to the problem-solving process, online learning creates opportunities. The need to rely on one another and the unique contribution made by considering various ideas enhance social and communication skills.

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The increased participation in STEM (Science, Technology, Engineering, and Mathematics) related activities is also influenced by a growing interest in robots and coding and programming. The majority of the robots host hands-on coding challenges that give students the chance to work together to solve real-world problems.

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Sports Tourism Market Size Worth USD 1,803,704.0 Million by 2030, Growing with a CAGR of 16.1%

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Sports Tourism

sports tourism market is projected to reach $1,803,704.0 million by 2030, registering a CAGR of 16.1% from 2021 to 2030.

PORTLAND, OREGON, UNITED STATES, February 13, 2023 /EINPresswire.com/ — According to a new report published by Allied Market Research, titled, “Sports Tourism Market by Product, Type, and Category: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global sports tourism market size was valued at $323,420.0 million in 2020, and is projected to reach $1,803,704.0 million by 2030, registering a CAGR of 16.1% from 2021 to 2030.

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Sports tourism is defined as travel that includes either observing or participating in a sporting event while away from the tourists’ usual surroundings. Traveling from one region, country, or state to another to watch a sporting event or game is known as sports tourism. While sports tourism has not always been extremely popular, the number of people attending sporting events has increased dramatically in the last decade. People are now travelling long distances to attend their favorite events, fueling sports tourism’s sudden surge in popularity. There are three types of sports tourism: sports event tourism, celebrity and nostalgia sport tourism, and active sport tourism.

Sports tourism has benefited people of all ages, regardless of their socioeconomic status or background. Sports is a tourism industry investment that results in effective economic growth. It stimulates economic growth by providing a variety of lodging options, such as hotels, restaurants, and retail outlets. Efforts are made in towns or locations where sporting events are held to lead to improvements in a variety of areas that may effectively contribute to facilitating visitor visits.

The global sports tourism market is segmented on the basis of product, type, category, and region. On the basis of product, the market

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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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The World wide Racket Sporting activities Tools Marketplace is envisioned to grow by $ 469.78 mn for the duration of 2022-2026, accelerating at a CAGR of 2.78% throughout the forecast time period

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ReportLinker

Worldwide Racket Sports activities Devices Current market 2022-2026 The analyst has been checking the racket sports activities machines market and it is poised to develop by $ 469. 78 mn all through 2022-2026, accelerating at a CAGR of 2.

New York, Sept. 13, 2022 (World NEWSWIRE) — Reportlinker.com announces the launch of the report “World wide Racket Athletics Tools Market 2022-2026” – https://www.reportlinker.com/p04706512/?utm_source=GNW
78% during the forecast period. Our report on the racket sporting activities machines current market provides a holistic analysis, marketplace dimension and forecast, tendencies, development motorists, and challenges, as very well as vendor analysis covering about 25 suppliers.
The report offers an up-to-date assessment with regards to the present-day world-wide market circumstance, latest trends and motorists, and the over-all industry natural environment. The market place is pushed by raise in number of racket sports activities courts around the world, movie star endorsements and purchaser engagement, and increase in amount of tournaments.
The racket sports activities machines market investigation incorporates the distribution channel and products segments and geographic landscape.

The racket sporting activities equipment current market is segmented as beneath:
By Distribution Channel
• Offline
• On the net

By Product or service
• Tennis equipment
• Badminton devices
• Squash tools

By Geographical Landscape
• APAC
• Europe
• North The us
• South The usa
• The Center East and Africa

This review identifies the elevated use of nanomaterials as one of the key motives driving the racket sports devices sector progress all through the following handful of decades. Also, the introduction of improved quality items with further functions and the advent of eco-friendly raw resources will lead to sizable demand from customers in the current market.

The analyst offers a specific image of the market by the way of analyze, synthesis, and summation of

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