Global Basketball Apparel Market 2024-2028

Global Basketball Apparel Market 2024-2028
The basketball apparel market is forecasted to grow by USD 5930.43 mn during 2023-2028, accelerating at a CAGR of 6.45% during the forecast period. The report on the basketball apparel market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by innovations in basketball apparel designs and portfolio expansion, increasing adoption of basketball, and the introduction of various national and international basketball tournaments.

Technavio's basketball apparel market is segmented as below:

By End-userMaleFemaleBy Distribution ChannelOfflineOnlineBy GeographyNorth AmericaEuropeAPACSouth AmericaMiddle East and AfricaThis study identifies the introduction of connected basketball apparel as one of the prime reasons driving the basketball apparel market growth during the next few years. Also, celebrity endorsements and expansion of online and offline distribution networks will lead to sizable demand in the market.

The report on the basketball apparel market covers the following areas:Basketball apparel market sizingBasketball apparel market forecastBasketball apparel market industry analysisThe robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading basketball apparel market vendors that include 47 Brand LLC, Adidas AG, ANTA Sports Products Ltd., ASICS Corp., Authentic Brands Group LLC, Berkshire Hathaway Inc., Decathlon SA, FILA Holdings Corp., Iconix International, Mcdavid, Mitchell and Ness Nostalgia Co., New Balance Athletics Inc., Nike Inc., POINT 3 Basketball, PUMA SE, Russell Brands LLC, SUNLIGHT SPORTS PTE LTD., Under Armour Inc., United Sports Brands, and Ballislife LLC. Also, the basketball apparel market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.