Global Outdoor Sports Apparel Market Research Report 2023-2028 | Size, Share & Growth
According to the global outdoor sports apparel market report by IMARC Group, the market reached a value of US$ 13.7 Billion in 2022,and it is projected to reach a value of US$ 22.4 Billion by 2028, exhibiting a CAGR of 8.30% during 2023-2028.
Outdoor sports apparel is worn by sportspersons while executing sports, vigorous physical exercises, and outdoor activities. It is generally lightweight and loose to offer ample room for the movement of different body parts. Outdoor sports apparel includes shirts, t-shirts, jackets, pants, fleece, spandex, hoodies, pullover, tracksuits, jogging suits, tights, shorts, and other clothes. It is breathable, comfortable, lightweight, and versatile and helps prevent sunburn, rashes, muscle sprains, ligament-related injuries, and the odor of sweat. Consequently, the demand for sports apparel is elevating across the globe.
Market Trends & Drivers
The increasing awareness among individuals about the benefits of adopting healthy lifestyles is among the key factors stimulating the outdoor sports apparel market. Moreover, the rising participation of the youth and geriatric population in physical activities to improve physical and mental well-being is acting as another significant growth-inducing factor. Besides this, the inflating traction of fitness apps that can be installed on smartphones, laptops, and tablets and the emerging trend of fitness vlogging are positively influencing the global market.
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Furthermore, the increasing collaboration with fitness influencers by key market players to promote their brands on social media and e-commerce platforms and reach a broader consumer base, which is also propelling the market growth. Apart from this, the expanding tourism sector and the escalating number of adventure enthusiasts are further fueling the global market. Additionally, 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 also driving the market growth. In addition to this, the easy availability of trendy sports apparel through offline and online distribution channels is anticipated to fuel the outdoor sports apparel market over the forecasted period.
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
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.
The report has been segmented the market into following categories:
Breakup by Product Type:
- Top Wear
- Bottom Wear
By Mode of Sale:
- Retail Stores
- Brand Outlets
- Discount and deal Stores
- Online Stores
- Asia Pacific
- North America
- Middle East and Africa
- Latin America
On the geographical front, Asia Pacific enjoys the leading position in the market. This can be attributed to the rising establishment of international companies in the region, on account of low manufacturing costs and cheap labor.
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