Report ID: SQSG25K2007
Sportswear Market Size, Share, Growth Analysis, By Product(Footwear, Apparel, Wearables), By End users(Men, Women, Children), By Distribution channel(E-commerce stores, retail stores), By Region - Industry Forecast 2025-2032
Report ID:
SQSG25K2007 |
Region:
Global |
Published Date: April, 2024
Pages:
157
|
Tables:
89 |
Figures:
76
Sportswear Market Dynamics
Sportswear Market Drivers
- The growing health-conscious population, which is increasing the number of gym visits in many nations throughout the world, has contributed to the product's increased demand. For example, according to International Health, Racquet & Sports club Association figures, the United States has 39,570 gymnasiums in 2018, with over 6 billion visits. Furthermore, the growing popularity of fitness apps in electronic gadgets has prompted people to engage in fitness activities for the purpose of improving their health. For example, the World Economic Forum said in September 2020 that fitness applications had increased by 50% in the first half of 2020.
Sportswear Market Restraint
- Growing number of counterfeit products could stifle sportswear market growth. The growing prevalence of counterfeit products in footwear, clothes, leather goods, and other categories in many nations throughout the world is stifling industry growth. According to figures issued by the Organization for Economic Cooperation and Development in March 2019, counterfeit goods, including sportswear, account for 3.3 percent of global trade.
Sportswear Market Report Snapshots
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