IMARC Group has recently released a new research study “Outdoor Sports Apparel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
What Are The Growth Prospects Of The Outdoor Sports Apparel Industry?
The global outdoor sports apparel market size reached US$ 13.7 Billion in 2022. looking forward, imarc group expects the market to reach a value of US$ 22.4 Billion by 2028, exhibiting a growth rate (CAGR) of 8.30% during 2023-2028.
What is a Outdoor Sports Apparel?
Outdoor sports apparel is worn by sportspersons when performing vigorous physical exercises, sports, and outdoor activities. It is generally lightweight and loose to offer ample room for the movement of various body parts. Outdoor sports apparel includes t-shirts, jackets, pants, fleece, spandex, hoodies, pullover, tracksuits, shirts, jogging suits, tights, shorts, etc. It is comfortable, lightweight, breathable, and versatile and prevents rashes, muscle sprains, sunburn, ligament-related injuries, and the odor of sweat. In addition, outdoor sports apparel keeps muscles oxygenated, aids in maintaining heart rate, facilitates adequate blood flow, and provides individuals with comfort and agility. As a result, this clothing is extensively available across supermarkets, retail stores, brand outlets, online stores, etc., and is worn by men, women, and children.
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What Are The Key Factors Driving In The Outdoor Sports Apparel Market?
The rising awareness among individuals toward the benefits of adopting healthy lifestyles is primarily driving the outdoor sports apparel market. In addition to this, the escalating participation of the youth and geriatric population in material activities to improve physical and mental well-being is further augmenting the market growth. Besides this, the introduction of garments with additional padding to regulate blood circulation and oxygen delivery, maintain required pressure on the skin, and prevent skin allergies is also catalyzing the global market.
Moreover, the growing popularity of wellness apps installed on smartphones, laptops, and tablets and the emerging trend of fitness vlogging are acting as significant growth-inducing factors. Apart from this, the leading players are collaborating with fitness influencers to promote their brands on social media and e-commerce platforms, which is also stimulating the market growth. Furthermore, the expanding tourism industry and the increasing number of adventure enthusiasts are expected to bolster the outdoor sports apparel market in the coming years.
Who Are The Key Players/Companies In The Global Outdoor Sports Apparel Market?
Adidas AG, Columbia Sportswear Company, Cotswold Outdoor (Outdoor and Cycle Concepts Limited), L. L. Bean Inc., lululemon athletica inc., Mizuno Corporation, Mountain Warehouse Ltd., Nike Inc., Patagonia Inc., Puma SE, Under Armour Inc. and VF Corporation.
Report Segmentation:
The report has been segmented the market into following categories:
Breakup by Product Type:
- Top Wear
- Bottom Wear
- Others
Breakup by Mode of Sale:
- Retail Stores
- Supermarkets
- Brand Outlets
- Discount Stores
- Online Stores
Breakup by End User:
- Men
- Women
- Kids
By Geography:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom,
Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia,
Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
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The Global Outdoor Apparel Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.
The report classifies the market into different segments.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global Outdoor Apparel Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 @ https://www.decisiondatabases.com/ip/1988-outdoor-apparel-market-reportThe report also covers the complete competitive landscape of the global Outdoor Apparel market with company profiles of key players such as: Arc’teryxThe North FaceSalewaBLACKYAKMarmotMountain HardwearMammutVAUDEColumbiaLafumaAIGLELowe AlpineKailasSkogstadJack WolfskinFjallravenNORTHLANDAtunasOzarkThe detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT: By TypeProfessional SportGeneralBy ApplicationFor MenFor WomenFor KidsBy GeographyNorth America (NA) – US, Canada, and MexicoEurope (EU) – UK, Germany, France, Italy, Russia, Spain & Rest of EuropeAsia-Pacific (APAC) – China, India, Japan, South Korea, Australia & Rest of APACLatin America (LA) – Brazil, Argentina, Peru, Chile & Rest of Latin AmericaMiddle East and Africa (MEA) – Saudi Arabia, UAE, Israel, South AfricaDownload Free Sample Report of Global Outdoor Apparel Market @ https://www.decisiondatabases.com/contact/download-sample-1988The Global Outdoor Apparel Market has been exhibited in detail in the following chapters –Chapter 1 Outdoor Apparel Market Preface Chapter 2 Executive SummaryChapter 3 Outdoor Apparel Industry AnalysisChapter 4 Outdoor Apparel Market Value Chain AnalysisChapter 5 Outdoor Apparel Market Analysis By TypeChapter 6 Outdoor Apparel Market Analysis By ApplicationChapter 7 Outdoor Apparel Market Analysis By GeographyChapter 8 Competitive Landscape Of Outdoor Apparel CompaniesChapter 9 Company Profiles Of Outdoor Apparel IndustryPurchase the complete Global Outdoor Apparel Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-1988Other Reports by DecisionDatabases.com:Global Luxury Apparels Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Wedding Apparel Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027Global Hiking Apparel Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
Market OverviewGlobal Outdoor Performance Apparel Market is predicted to register a CAGR of 4.52% during the 2019 to 2025 forecast period.
The growth is anticipated to be supported by the growing demand from companies across many industries.
However, the growing penetration of alternatives in the market will negatively affect the outdoor performance apparel market’s growth.
While the increasing demand from various industry verticals will support the market during the forecast period and the growing demand for innovative products will also help the market globally, the growth could be affected by the increasing preferences for cheaper alternative solutions which could hinder business activities.
The category segment is categorized into supermarkets & hypermarkets and specialty stores and online.The presence of many untapped opportunities across the market will drive growth in the market during the forecast period 2019 to 2025.
Economic activities surrounding the outdoor performance apparel sector will also get benefitted from the increasing preference of consumers.
