Travel & Leisure
Outdoor Sports Apparel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Outdoor Sports Apparel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Outdoor Sports Apparel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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.
Outdoor sports apparel is worn by sportspersons while performing sports, vigorous physical exercises, and outdoor activities. It is commonly lightweight and loose to offer ample room for the movement of different body parts. It includes shirts, t-shirts, jackets, pants, fleece, spandex, hoodies, pullover, tracksuits, jogging suits, tights, shorts, and other clothes. It is breathable, comfortable, lightweight, versatile, and helps prevent sunburn, rashes, muscle sprains, ligament-related injuries and the odor of sweat. It facilitates adequate blood flow, keeps muscles oxygenated, aids in maintaining heart rate, and provides individuals with comfort and agility. As a result, the demand for outdoor sports apparel is increasing globally.
Outdoor Sports Apparel Market Trends:
The rising awareness among individuals about the benefits of adopting healthy lifestyles represents one of the key factors positively influencing the market. In addition, the increasing participation of the youth and geriatric population in physical activities to improve physical and mental well-being is catalyzing the demand for activewear and outdoor sports apparel. Apart from this, the increasing traction of fitness apps that can be installed on smartphones, laptops, and tablets and the emerging trend of fitness vlogging are offering lucrative growth opportunities to industry players. Additionally, key market players are collaborating with fitness influencers to promote their brands on social media and e-commerce platforms and reach a broader consumer base. In line with this, a considerable rise in the tourism industry, coupled with the increasing number of adventure enthusiasts, is propelling the market growth. Furthermore, the introduction of garments with additional padding to regulate blood circulation and oxygen delivery, maintain required pressure on the skin, and prevent skin allergies is creating a positive outlook for the market. Moreover, the easy availability of trendy sports apparel through offline and online distribution channels is driving the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global outdoor sports apparel market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, mode of sale and end user.
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
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.
Key Questions Answered in This Report:
How has the global outdoor sports apparel market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global outdoor sports apparel market?
What are the key regional markets?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the mode of sale?
What is the breakup of the market based on the end user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global outdoor sports apparel market and who are the key players?
What is the degree of competition in the industry?