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Outdoor Sports Apparel Market Report 2023: Size, Share, Trends Analysis and Report by 2028
IMARC Group, a leading market research company, has recently releases report titled “Outdoor Sports Apparel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global outdoor sports apparel market trends, share, size, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Industry Overview of Outdoor Sports Apparel Market
Outdoor sports apparel is worn by sportspersons during sports activities and intense physical exercises. It is lightweight and loose, thereby allowing for unrestricted movement of various body parts. Outdoor sports apparel encompasses a wide array of garments, including shirts, t-shirts, jackets, pants, fleece, spandex, hoodies, pullovers, tracksuits, jogging suits, tights, shorts, and other attire. They provide breathability, comfort, versatility, and the ability to protect against sunburn, rashes, muscle sprains, ligament injuries, sweat odor, etc. These clothing items promote proper blood circulation, ensure muscles receive oxygen, help to maintain a steady heart rate, provide individuals with comfort and agility, etc. Consequently, they are gaining extensive traction across the globe.
How big is the Outdoor Sports Apparel Market?
The global outdoor sports apparel market size reached US$ 13.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 22.4 Billion by 2028, exhibiting a growth rate (CAGR) of 8.30% during 2023-2028.
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Outdoor Sports Apparel Market Trends and Drivers:
The growing consumer awareness towards the benefits of adopting healthy lifestyles is one of the primary factors driving the outdoor sports apparel market. Additionally, the geriatric population are participating in physical activities to improve physical and mental well-being, which is propelling the demand for activewear. Besides this, the rising popularity of fitness apps that can be installed on laptops, smartphones, and tablets is acting as another significant growth-inducing factor. Moreover, key market players are collaborating with influencers to promote their brands on social media and e-commerce platforms and reach a broader customer base, which is further positively influencing the global market. Apart from this, the increasing number of adventure enthusiasts is also catalyzing the market growth. Furthermore, the development of garments with additional padding to maintain required pressure on the skin, regulate blood circulation and oxygen delivery, prevent skin allergies, etc., is projected to fuel the outdoor sports apparel market in the coming years.
What Is Included In Market 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
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Who Are The Key Players/Companies In Home Medical Equipment 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.
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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