+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Sports & Fitness Clothing - Global Market Trajectory & Analytics

  • ID: 338345
  • Report
  • February 2022
  • Region: Global
  • 622 Pages
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • adidas AG
  • Elite Sportswear, LP.
  • Gap, Inc.
  • Hosa International Ltd.
  • Li Ning Company Limited
  • Mizuno USA, Inc.

Global Sports & Fitness Clothing Market to Reach $221.3 Billion by 2026


Sports and athletic clothing refer to highly functional apparel designed for enhancing performance. The clothing offers protection and support to the body, while playing. Different sports place stress on different body parts. And also, the conditions in which the sports are played are different. For these reasons, materials used in athletic wear greatly differ. There are also differences in the design or fit for matching the needs of different sports. The market for athletic or sports clothing is therefore categorized as high performance apparel meant for professional sports persons, athleisure products and consumer sportswear. Yoga pants, swimwear, baseball caps and football jerseys also come under athletic clothing. Sports apparel or sports clothing comprises sports or sports-inspired apparel that is worn for sports or casual or leisure activities. Sports apparel used for practice or sports by sportsmen or the clothing used mainly for sport use. For instance, a performance T-shirt designed for jogging/running and used for the same purpose. However, the segment may include use of a cotton T-shirt for running although not designed or made for the purpose.

Clothing inspired from sports but may/may not be used for sports. The segment includes apparel made for sports and is used for the purpose, such as supporters of a sport event wearing replicas of team jerseys. The segment can also include shirts purchased for use in sports but eventually end up being used for casual or leisure purposes. Sports Licensed Apparel category covers various terms such as entertainment, sports, tourism, company brands, etc. Apparel carrying the name or trademark of an Olympic, professional, college or school team or sport, a sports star or a sports action is classified under licensed apparel. Consumers may or may not use sports licensed apparel for active sport activities.

Fitness clothing refers to clothing used during fitness activities such as aerobics, gym, yoga and running among others. The market comprises clothing such as tops, shorts and undergarments that are used for the purpose of achieving a comfortable exercising session. The segment also includes apparel with long sleeves that provide protection from UV rays during cold weathers and mesh fabric that deliver substantial ventilation. Knit tee shirts that aid in moisture absorption are more comfortable during hot days allowing the user to keep the body cool, dry and comfortable. The softer fabrics used in the apparel makes them suitable for use in a wide range of applications such as running, workouts, walking and running. Fitness clothing may include the use of micro nylon material, such as in shorts, which renders water and wind resistant capabilities to the apparel for optimum comfort during fitness. Pants for use during fitness work come in wide range of varieties such as power liner shorts (9-inch), cotton ankle pants, supplex ankle pants, double dry shorts, fitness ankle tights and low rise body balance flood pants.

Amid the COVID-19 crisis, the global market for Sports & Fitness Clothing estimated at US$172 Billion in the year 2020, is projected to reach a revised size of US$221.3 Billion by 2026, growing at a CAGR of 4.4% over the analysis period. Sports Apparel, one of the segments analyzed in the report, is projected to record 4.5% CAGR and reach US$193.9 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Fitness Clothing segment is readjusted to a revised 3.6% CAGR for the next 7-year period.



The U.S. Market is Estimated at $63 Billion in 2021, While China is Forecast to Reach $27 Billion by 2026


The Sports & Fitness Clothing market in the U.S. is estimated at US$63 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$27 Billion by the year 2026 trailing a CAGR of 7.3% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 3.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.

The ongoing health and wellness trend continues to be the primary driver of the global sports & fitness apparel market, prompting consumers to spend on these apparels, mainly sportswear and active wear products. Consumer focus on healthy regime and rising level of health-consciousness are making people to get selective regarding apparels for gym sessions, personal training and casual work. Increasing engagement in sports and adventurous activities like cycling and trekking is favoring the market expansion. In addition, aggressive efforts by fitness influencers to promote active wear and attract consumers have resulted in the athleisure cult, encouraging people to wear active wear on gyms as well as social gatherings and runways.

The market growth is also propelled by rising adoption of functionality-specific apparels and footwear and technological advancements. The use of engineered fabrics in functional apparel offers protects from extreme cold or heat, chemicals and radiation. These fabrics can absorb sweat and keep users cooler in summer and warm in winters. Some of the latest functional apparel are made using anti-bacterial materials capable of preventing body odor. On the other hand, athletic footwear offered by major brands maximizes user comfort and improves athletic performance while reducing the risk of injuries. Increasing incident of foot diseases and allergies is prompting companies to offer sports shoes & socks with specialized features. While various manufacturers are offering sports socks with extra padding to mitigate risk of foot allergies, others are increasingly incorporating sophisticated technologies in their hosiery products. Moreover, increasing focus of various medical laboratories on R&D is expected to bolster the adoption of medical laboratory-wear apparels. These factors are slated to help the global functional apparel market in experiencing a consistent growth over the coming years.

By Type, Top Wear Segment to Reach $100.5 Billion by 2026


Global market for Top Wear (Type) segment is estimated at US$74.8 Billion in 2020, and is projected to reach US$100.5 Billion by 2026 reflecting a compounded annual growth rate of 5.1% over the analysis period. The United States constitutes the largest regional market for Top Wear segment, accounting for 34.7% of the global sales in 2020. China is poised to register the fastest compounded annual growth rate of 8.3% over the analysis period, to reach US$14.5 Billion by the close of the analysis period.

Select Competitors (Total 556 Featured) -

  • adidas AG
  • Reebok International Limited
  • Anta Sports Products Limited
  • ASICS Corporation
  • Columbia Sportswear Company
  • Elite Sportswear, LP.
  • Fila
  • Gap, Inc.
  • Hanesbrands Inc.
  • Hosa International Ltd.
  • Kappa
  • Li Ning Company Limited
  • lululemon athletica
  • Mizuno USA, Inc.
  • NIKE, Inc.
  • Patagonia, Inc.
  • Peak Sport Products Co., Ltd.
  • prAna
  • Puma SE
  • TerraFrog Clothing Corporation
  • Under Armour, Inc.
  • VF Corporation
Frequently Asked Questions about the Global Market for Sports & Fitness Clothing

What is the estimated value of the Global Market for Sports & Fitness Clothing?

The Global Market for Sports & Fitness Clothing was estimated to be valued at $172.0 Billion in 2020.

What is the growth rate of the Global Market for Sports & Fitness Clothing?

The growth rate of the Global Market for Sports & Fitness Clothing is 4.3%, with an estimated value of $221.3 Billion by 2026.

What is the forecasted size of the Global Market for Sports & Fitness Clothing?

The Global Market for Sports & Fitness Clothing is estimated to be worth $221.3 Billion by 2026.

Who are the key companies in the Global Market for Sports & Fitness Clothing?

Key companies in the Global Market for Sports & Fitness Clothing include adidas AG, Reebok International Limited, Anta Sports Products Limited, ASICS Corporation, Columbia Sportswear Company, Elite Sportswear, LP., Fila, Gap, Inc. and Hosa International Ltd..
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • adidas AG
  • Elite Sportswear, LP.
  • Gap, Inc.
  • Hosa International Ltd.
  • Li Ning Company Limited
  • Mizuno USA, Inc.

I. METHODOLOGY


II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Sports & Fitness Clothing - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • How the COVID-19 Pandemic Destroyed the Global Economy
  • COVID-19 Leaves the World in Shambles & Industries and Markets Upended: World Economic Growth Projections (Real GDP, Annual % Change) for 2019, 2020 & 2021
  • Social Distancing, Bans on Tourism, Rising Unemployment & 'Decimated' Consumer Confidence Together Bring Down the Sports & Textile Industries
  • Sports Industry Reels Under the Impact of Social Distancing Measures as the New Way of Life
  • The Worst Affected by the Pandemic, the Struggling Sports Industry Destroys All Hopes for Normalcy for All in the Value Chain: Global Sports Revenues (In US$ Billion)
  • Sharp Decline in the Number of Tourists Impacts Sports Tourism Related Retail Trade: Global Number of International Tourist Arrivals at Airports Worldwide (In Million) for the Years 2019 & 2020
  • Textile Industry Grapples With Supply Chain Disruptions & Poor Consumer Spending
  • A Massively Bleeding Global Apparel Industry Asphyxiates the Sports & Fitness Clothing Market: Global Apparel Industry Losses (In US$ Billion) for the Year 2020
  • Sports & Fitness Clothing Fails to Cope With the Strong Double-Whammy of Headwinds Sweeping Through the Sports & Textile Industries
  • Rising Levels of Unemployment Threatens to Shrink the Middle Class Population, Impacting Industries Dependent on Discretionary Income: Unemployment in the U.S. (In Million)
  • Rapidly Eroding Consumer Confidence Thwarts Hopes for a Quick Recovery: Global Consumer Confidence Index Points for 4Q2019, 1Q2020 & 2Q2020
  • Looking Beyond the Current Bleak Outlook, the Pandemic is Creating a Strong Platform for Health & Fitness
  • Increased Emphasis on Health & Fitness Post COVID-19 Promises to Make Amends for the Damages Sustained in Year 2020
  • With Workouts Shifting to Consumer Homes, Demand for Indoor Sportswear to Get a Fresh Lease of Life in the Post COVID-19 Period
  • Spike in Sales of Fitness Equipment in Year 2020 Is An Encouraging Sign of Coming Good Times for Sports & Fitness Clothing
  • Fitness Routine Changes of People as A Result of COVID-19
  • An Opportunity in Crisis! Increase is Sales of Fitness Equipment Brings the Promise of Increased Spending on Fitness Apparel When Economic Conditions Improve: Global Market for Physical Fitness Equipment for Years 2019, 2020 & 2021 (In US$ Million)
  • Sports & Fitness Clothing: Definition & Scope
  • Recent Market Activity
  • Innovations
  • World Brands

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Digitalization of the Fitness & Fashion Industry to Accelerate in the Post COVID-19 Period
  • Connected Clothing to Arrive Much Earlier Than Previous Forecasts
  • Innovation in Sports Functional Clothing Breaks Loose, Promising a Robust Future Filled With Opportunities
  • Moisture Management Clothing Receives Special Focus
  • All Things Anti-Microbial & Anti-Virus Gets a Boost Due to COVID-19 Pandemic
  • COVID-19 Fast Tracks Transition to Sustainable Clothing & Fashion
  • Here’s Why the Environment & Sustainability Will be Top Priorities After the Pandemic
  • COVID-19 Pushes Sustainability From Just Plans & Strategies to Action: Global Market for Sustainability Technologies (In US$ Billion)
  • Here’s What to Expect in the Sustainable Clothing & Fashion Space
  • Textile Recycling Gathers Steam
  • Innovations in Smart Fabrics Provide a Window Into the Exciting Future of Fashion
  • Athleisure Wear Will Continue to Outpace the Rest of the Apparel Categories in the Post COVID-19 Period
  • The Epic Moment in Human History Where Sports Meets Fashion
  • 3D Printing Promises to Revolutionize the Future of Clothing Manufacturing
  • Women Represent a Large & Lucrative Consumer Cluster. Here’s Why
  • COVID-19 Thrusts e-Commerce/Online Retail into the Spotlight
  • Social Distancing Mandated by COVID-19 Leads to Massive Consumer Migration to Online Platforms: Global Retail E-Commerce Website Traffic in Average Monthly Visits (in Billions) for Jun-2019 to Jun-2020

4. GLOBAL MARKET PERSPECTIVE


III. MARKET ANALYSIS

UNITED STATES

  • Sports & Fitness Clothing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)

CANADA

JAPAN

  • Sports & Fitness Clothing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)

CHINA

  • Sports & Fitness Clothing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)

EUROPE

  • Sports & Fitness Clothing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)

FRANCE

  • Sports & Fitness Clothing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)

GERMANY

  • Sports & Fitness Clothing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)

ITALY

UNITED KINGDOM

  • Sports & Fitness Clothing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)

SPAIN


RUSSIA


REST OF EUROPE

ASIA-PACIFIC

  • Sports & Fitness Clothing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)

AUSTRALIA

  • Sports & Fitness Clothing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2022 (E)

INDIA

  • Sports & Fitness Clothing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2022 (E)

SOUTH KOREA


REST OF ASIA-PACIFIC

LATIN AMERICA

  • Sports & Fitness Clothing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2022 (E)

ARGENTINA


BRAZIL


MEXICO


REST OF LATIN AMERICA

MIDDLE EAST

  • Sports & Fitness Clothing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2022 (E)

IRAN


ISRAEL


SAUDI ARABIA


UNITED ARAB EMIRATES


REST OF MIDDLE EAST

AFRICA

  • Sports & Fitness Clothing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2022 (E)

IV. COMPETITION

  • Total Companies Profiled: 556
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • adidas AG
  • Reebok International Limited
  • Anta Sports Products Limited
  • ASICS Corporation
  • Columbia Sportswear Company
  • Elite Sportswear, LP.
  • Fila
  • Gap, Inc.
  • Hanesbrands Inc.
  • Hosa International Ltd.
  • Kappa
  • Li Ning Company Limited
  • lululemon athletica
  • Mizuno USA, Inc.
  • NIKE, Inc.
  • Patagonia, Inc.
  • Peak Sport Products Co., Ltd.
  • prAna
  • Puma SE
  • TerraFrog Clothing Corporation
  • Under Armour, Inc.
  • VF Corporation
Note: Product cover images may vary from those shown