Online Sporting Apparel in Australia - Industry Market Research Report

Online Sporting Apparel in Australia - Industry Market Research Report
Online Sporting Apparel in Australia

Revenue for the Online Sporting Apparel industry has increased rapidly over the past five years due to rising consumer acceptance of online shopping. Demand for industry products has grown over the period as consumers have increasingly taken to wearing sporting apparel as a fashion statement while undertaking everyday activities. Rising health consciousness has boosted participation in many types of physical activity, driving demand for industry products. Consequently, industry revenue is expected to increase at an annualised 17.1% over the five years through 2022-23, to $454.2 million. This result includes anticipated growth of 3.0% in the current year as bricks-and-mortar retailers reclaim some consumer demand from online retailers.

The industry includes companies that sell sporting apparel online, including online-only stores and online stores that also have a bricks-and-mortar presence.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.