Demand for Designers and Comfortable Sportswear and Fitness Centers Increase the Adoption of Sports Inspired Clothing Globally | Future Market Insights
Future Market Insights Global and Consulting Pvt. Ltd.
6 min read
Future Market Insights Global and Consulting Pvt. Ltd.
The United States sports inspired clothing market is estimated to secure a CAGR of 0.014% in the global market during the forecast period. Increasing sports activities are raising the adoption of sports inspired clothing to expand the United States market. Rising yoga, stretching, and other exercises are significantly growing consumers' demand for sports inspired clothing.
NEWARK, Del, Nov. 20, 2023 (GLOBE NEWSWIRE) -- The global sports inspired clothing market is anticipated to register a CAGR of 4.20% during the forecast period. The global market is estimated to register a valuation of US$ 3,15,035.4 million in 2024, and by 2034, the market is expected to reach US$ 4,75,689.7 million.
Prominent athleticwear brands are offering high-quality and long-lasting clothing that is preferred among customers with various price ranges, increasing the demand for sports-inspired clothing such as hoodies, t-shirts, and designer track pants. Moreover, several brands are associated with celebrities and supermodels to attract public attention and engage more audiences.
"Oversized essentials with body-sculpting texture material is the current among the population. Moreover, a significant surge in tennis dress along with flattering accessories is shifting the preferences of consumers on sportswear and likely to create opportunities for market players", opines Sneha Varghese, Senior Consultant, of Consumer Products & Goods at Future Market Insights (FMI).
Key Takeaways:
The sports inspired clothing market is registering a CAGR of 4.20% between 2024 and 2034.
The United States is expected to register a CAGR of 0.014% by dominating the global market by 2034.
India is anticipated to capture a CAGR of 2.80% of the global market by 2034.
Germany is anticipated to register a CAGR of 0.016% till 2034.
China significantly drives the market with a growth of 1.90% through 2034.
With a CAGR of 0.018%, the United Kingdom is rapidly advancing globally.
The upperwear category is estimated to lead the global market during the forecast period.
The adult category is likely to register a maximum share in the global market by 2034.
Key players invest heavily in developing cost-effective, customized products to drive the global market. These players focus on consumers' expectations and present comfortable yet outdoor looks with various colorful signatures.
A significant surge in yoga and athleticwear is driving the demand for tennis dresses and other fitness pieces. Key players are uplifting the global market revenue through promotion on social media platforms.
Key players are engaged in research and development to offer high-performance clothes that can add basics to their portfolio. They promote their brand through various channels, trade shows, exhibitions, and online platforms. These existing players are likely to fuel the global market with new essentials, eco-friendly fabrics, and new technologies for recycling.
Key Players in the Sports Inspired Clothing Market
Key Segments in the Sports Inspired Clothing Market
By Types:
Tops & T-Shirts
Hoodies & Pullovers
Jackets & Vests
Pants & Tights
Shorts
Skirts & Dresses
Sports Bras
Accessories
Others
By End User:
Adult
Kids
By Distribution Channel:
Hypermarket/Supermarket
Specialty Stores
Brand Stores
Independent Stores
Online Store
Others
By Region:
North America
Europe
Latin America
Asia Pacific
Middle East & Africa
About the Consumer Product Division at Future Market Insights (FMI)
Expert analysis, actionable insights, and strategic recommendations – the consumer product team at Future Market Insights (FMI) helps clients from all over the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and one million+ data points, the team has analyzed the consumer product industry lucidly in 50+ countries for over a decade. The group provides end-to-end research and consulting services; reach out to explore how we can help.
Author
Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.
Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.
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