Global Sports Apparel Industry was valued at USD 144.75 Billion in the year 2017. Global Sports Apparel Industry is further estimated to grow at a CAGR of 5.12% from 2018 to reach USD 215.96 Billion by the year 2025. North America region holds the highest Industry share in 2017 and Asia-Pacific Industry is considered as the fastest growing Industry in the forecasted period. At the country level, developed markets like China as well the emerging markets like India with highest population base holds the notable Industry share in 2017 and it is projected to grow strongly in the coming years.
The major players in Sport Apparel Industry are Nike Inc., Adidas Group, PUMA SE, Fila Inc., Umbro International, BasicNet S.p.A., Ralph Lauren Corporation, Converse and other 12 more companies information is provided in research report. Rising research and development expenses to cater changing demand of end users, similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.
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SWOT Analysis of Sport Apparel Industry
Strength
Increasing consciousness about the fitness
Weakness
Availability of low quality
Opportunities
Increasing involvement of women’s in games and fitness
Threats
Increasing number of fake products
The Global Sports Apparel Industry is segmented by user, by platform, by region in projected years. Amongst various platform segment, online stores are expected to hold the highest Industry share and is expected to grow at the highest CAGR during the year 2018-2025.
Sport Apparel Industry Overview By Platform
Online Stores
Retail Stores
Factory/Brand Outlets
SuperMarket
Showrooms
Sport Apparel Industry Overview By User
Kids
Men
Women
Sport Apparel Industry Overview By Region
North America
• USA
• Canada
Europe
• Germany
• U.K.
• France
• Italy
• Rest of Europe
APAC
• China
• India
• Japan
• Rest of Asia-Pacific
RoW
• Latin America
• Middle East & Africa
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