1. Business

Sports Apparel Online Sales Segment to Boost the Growth by 2033

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The sports apparel market was valued at US$ 207 billion in FY 2023. Furthermore, growth is anticipated to pick up steam from 2023 to 2033 to reach US$ 400 billion, growing at a staggering 6.9% CAGR.

The market is anticipated to increase as more women participate in amateur and professional sports and fitness activities. The increased availability of fashionable sports apparel due to the rising confluence of fashion and sports is anticipated to increase girls’ passion even more.

 Download Sample Copy of This Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=276

Which is the Most Sought-after Sales Channel Category?

The sales channel sectors in the sports clothing industry include online sales channels (company-owned websites and e-commerce websites) and offline sales channels (modern trade channels, independent sports outlets, franchised sports outlets, specialty stores, and other sales channels).

The e-commerce websites segment, which accounted for the highest proportion of the sports clothing market, was the most significant, per the sports apparel market prediction. This could be attributed to alternatives like pre-purchase specials and free trials, as well as the advantage of instant gratification.

Additionally, it is anticipated that the e-commerce website category would grow the fastest due to increased internet usage and increased smartphone online purchasing, which enables customers to evaluate products in real-time and make informed decisions.

Key Companies Profiled

  • Nike Inc.
  • Adidas AG
  • Under Armour
  • Puma SE
  • Skechers USA
  • New Balance
  • Brooks
  • Yonex
  • Fila Korea

In order to help market participants, make strategic decisions and strategically target both the domestic and international markets, the Sports Apparel market research examines the important issues relevant to the sectors, assesses the developing trends, gives essential insights.

A macroeconomic and corporate forecast of the Sports Apparel market is provided by the report. In this research, industry leaders offer recommendations that will get the market’s players ready for a better tomorrow.

Key Highlights 

  • The study analyses the state of the latest worldwide Sports Apparel market.
  • The paper investigates the pandemic scenarios that are most likely to have a long-term impact on the sector.
  • The paper examines in great detail how the world market for Sports Apparel is changing.
  • The research examines how the worldwide Sports Apparel market is changing, the target markets with the greatest prospects, and emerging trends that could directly or indirectly affect your organisation.
  • The report identifies prospects as well as the main obstacles you may face in the near future.

A thorough analysis of the entire market is made possible by the inclusion of granular segmentation by end-use, category, function, and geographic region in the global Sports Apparel market report. Similarly, the existing and anticipated expansion of the Sports Apparel business affects the market share of publications.

The research also includes profiles of the Sports Apparel industry’s goods, sales, returns, competitive landscape, market structure, industry drivers, and key business challenges. The study calculates the market’s current growth rate, projected future growth, and the key drivers that will affect that growth in 2022. The research also anticipates sales for the years 2022 to 2032 and calculates the number of product sold from 2015 to 2020.

 Sports Apparel Market: Segmentation

  • By Product Type :
    • Tops & T-Shirts
    • Hoodies & Sweatshirts
    • Jackets & Vests
    • Shorts
    • Socks
    • Surf & Swimwear
    • Pants & Tights
    • Others
  • By End Use :
    • Men Sports Apparel
    • Women Sports Apparel
    • Children Sports Apparel
  • By Sales Channel :
    • Online Sales Channel
      • Company Owned Websites
      • E-Commerce Websites
    • Offline Sales Channel
      • Modern Trade Channels
      • Independent Sports Outlet
      • Franchised Sports Outlet
      • Specialty Stores
      • Other Sales Channel
  • By Region :
    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • Middle East & Africa


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