Global Sports and Fitness Clothing Strategic Market Report, 2022 and 2023-2030: Digitalization of Sports & Fitness … – Yahoo Finance

Sports and Fitness Clothing Market
Dublin, Dec. 06, 2023 (GLOBE NEWSWIRE) — The "Sports and Fitness Clothing – Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Sports and Fitness Clothing Market to Reach $357.3 Billion by 2030

The global market for Sports and Fitness Clothing estimated at US$226.8 Billion in the year 2022, is projected to reach a revised size of US$357.3 Billion by 2030, growing at a CAGR of 5.8% over the analysis period 2022-2030. Sports Apparel, one of the segments analyzed in the report, is projected to record 6.2% CAGR and reach US$293.2 Billion by the end of the analysis period. Growth in the Fitness Clothing segment is estimated at 4.4% CAGR for the next 8-year period.

The global wellness industry is undergoing a transformation, with sports and fitness becoming integral to holistic well-being in the 21st century. This shift is driving increased spending on sports and fitness clothing. Understanding market competition is essential, with insights into key competitors' market share and their presence in the industry.
Sports and fitness clothing encompass a diverse range of apparel tailored for various activities, driven by ongoing innovations. Staying informed about recent market developments and the global economic landscape is crucial for businesses operating in this sector.

The U.S. Market is Estimated at $62.4 Billion, While China is Forecast to Grow at 8.7% CAGR

The Sports and Fitness Clothing market in the U.S. is estimated at US$62.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$65.9 Billion by the year 2030 trailing a CAGR of 8.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.7% and 4.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.8% CAGR.

What`s New?
Special discussions on the global economic climate and market sentiment
Coverage on global competitiveness and key competitor percentage market shares
Market presence analysis across multiple geographies – Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and research platform
Complimentary updates for one year
Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
Key Attributes:
Report Attribute
Details
No. of Pages
856
Forecast Period
2022 – 2030
Estimated Market Value (USD) in 2022
$226.8 Billion
Forecasted Market Value (USD) by 2030
$357.3 Billion
Compound Annual Growth Rate
5.8%
Regions Covered
Global
MARKET TRENDS & DRIVERS
Digitalization of Sports & Fitness Apparel & Equipment Gains Momentum
Athleisure Trend Adds to Sales Volume & Growth Momentum in the Market
From Concept to Cash, Innovations in Sports Functional Clothing Boosts Sales & Market Growth
Increased Participation in Active Sports & Fitness Activities to Benefit Market Growth
Wireless Wearables Are Revolutionizing Sports and Activity Participation: Global Sales of Wireless Health and Fitness Devices (In 000 Units) for Years 2023, 2025 and 2027
Sustainability and Eco-Friendliness Take Center Stage
Smart Fabrics Make their Mark in the Sports & Fitness Apparel Space
3D Printing Brings About a Revolution in Customization and Design of Sports & Fitness Clothing
Growing Mass-Market for Sports & Fitness Clothing to Benefit Market Growth
Women Represent a Large & Lucrative Consumer Cluster. Here's Why
Online Sales Channel Witnesses Robust Growth
AI Impact on Sports & Fitness Clothing: A Review
FOCUS ON SELECT PLAYERS(Total 321 Featured)
Adidas AG
Amer Sports Corporation
Billabong International Ltd.
Banana Republic
Aiq Smart Clothing Inc.
Anniel Srl
A + School Apparel
ANTA Sports Products Ltd.
Athletes Only International, Inc.
Body Science International Pty Limited
Athleta LLC
Arround Inc.
American Marketing & Publishing, L.L.C.
Apricot Technologies Limited
Adelaide Football Club
For more information about this report visit https://www.researchandmarkets.com/r/zeuqw8
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
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Sports and Fitness Clothing Market

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