The report "Sports Apparel Market, By End-User (Men, Women, and Kids), By Distribution Channel (Retail Stores, Supermarkets, Brand Outlets, Discount Stores, and Online Stores), and Region - Global Forecast to 2029" sports apparel market is projected to grow from US$ 176.8 billion in 2019 to US$ 267.3 billion by 2029. The sports apparel market is expected to register moderate growth over the forecast period. This is attributed to increasing sports participation among individuals and growing acceptance of sports apparel in daily wear are factors driving growth of the sports apparel market. Furthermore, rising participation of individuals towards various fitness activities across the globe is also expected to boost the global spots apparel market.

Key Highlights:

• On January 21, 2019, Adidas AG had decided to produce more shoes using recycled plastic waste.
• In February 13, 2019, Tommy Hilfiger Corporation had launched first-ever sportswear clothing line called Tommy Sport.

Key Market Insights from the report:          

The sports apparel market accounted for US$ 176.8 billion in 2019 and is projected to register a moderate CAGR of 4.2% over the forecast period. The market report has been segmented on the basis of end-user, distribution channel, and region.

• By end-user, the sports apparel market is categorized into men, women, and kids.
• By distribution channel, the sports apparel market is segmented into retail stores, supermarkets, brand outlets, discount stores, and online stores
• By region, North America sports apparel market is accounted for major revenue share of the sports apparel market and is further anticipated to maintain its dominance over the forecast period, owing to growing health consciousness among individuals in the countries of the North America region. The market in Asia Pacific is expected to account for second-highest revenue share in sports apparel market during forecast period in 2019.

Browse 60 market data tables* and 35  figures* through 140 slides and in-depth TOC on " Sports Apparel Market, By End-User (Men, Women, and Kids), By Distribution Channel (Retail Stores, Supermarkets, Brand Outlets, Discount Stores, and Online Stores), and by Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa)- forecast till 2029

To know the upcoming trends and insights prevalent in this market, click the link below:

https://www.prophecymarketinsights.com/market_insight/Global-Sports-Apparels-Market-By-826

The prominent player operating in the sports apparel market includes Adidas AG, Nike Inc, Amer Sports Corporation, Tommy Hilfiger Corporation, Billabong International Limited, Everlast Worldwide Inc, Blacks Leisure Group Plc, The Gap, Inc., Columbia Sportswear Company, Old Navy, Inc, Banana Republic, LLC, Jockey International, Inc., Lotto Sport Italia S.p.A., and Under Armour Inc.

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