Sports Apparel Market

Sports Apparel Market Analysis by Product Type (Tops & T-Shirts, Hoodies & Sweatshirts, Jackets & Vests, Shorts, Socks, Surf & Swimwear, Pants & Tights and Others) by End Use (Men Sports Apparel, Women Sports Apparel and Children Sports Apparel), by Sales Channel and by Region - Global Market Insights 2023-2033

Analysis of Sports Apparel Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Sports Apparel Market Outlook

In FY 2023, the sports apparel market reached a valuation of US$ 207 Billion. Furthermore, across the 2023-2033 period of assessment, growth is expected to accelerate at a whopping 6.9% CAGR, reaching US$ 400 Billion.

The growing engagement of women in amateur and professional sports and fitness activities is expected to boost the market. The growing convergence between fashion and sports, which has resulted in an expanded availability of trendy Sports Apparel, is expected to boost females' enthusiasm even further.

People are hunting for the ideal option from the many available brands as the economy and money expand. As a consequence, the sports products business is always expanding in response to product demand. Overall, the Indian sports apparel industry has enormous commercial potential, particularly in marketing, management/sponsorship, and selling and exporting sports items.

The greatest opportunities are associated with the potential restoration of major athletic events such as the Olympic and Paralympic Games, as well as the ongoing popularity of outdoor and home-based sports. Outdoor individual sports, home fitness, yoga, e-sports, and virtual racing are some of the categories projected to remain popular over the projection period.

Report Attributes


Expected Market Value (2023)

US$ 207 Billion

Projected Forecast Value (2033)

US$ 400 Billion

Global Growth Rate (2023-2033)

6.9% CAGR

Expected Growth Rate of the UK Market (2023-2033)

6.3% CAGR

Anticipated Growth Rate of the Chinese Market (2023-2033)

6.5% CAGR

Prominent Players

  • Nike Inc.
  • Adidas AG
  • Under Armour
  • Puma SE
  • Skechers USA
  • New Balance
  • Brooks
  • Yonex
  • Fila Korea

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2018-2022 Revenue Analysis of Sports Apparel Market vs. Growth Outlook 2023-2033

According to Fact.MR, market research and competitive intelligence provider, the global market for sports apparel expanded at fewer than 5.7% CAGR from 2018 to 2022. Athleisure has become the new norm and a battleground.

Prior to COVID-19, athleisure was a megatrend, but the pandemic has helped to further blurring the lines between work and leisure, and there is a rising acceptance of casual clothing in formerly more professional situations.

With fashion brands rapidly entering this industry, sports goods firms must rely on their innovation abilities and market knowledge to succeed in a more congested sector. Because athleisure is a highly competitive industry, athletic items must have a clear value proposition as well as a concentration on material innovation, design innovation, and the leveraging of sports DNA. The physical activity gap is a possibility to make healthy living more accessible to everyone.

The shift in marketing from assets to influencers is an opportunity for digital to pay off. Historically, digital marketing has focused on assets with high visibility (for example, club, league, or event sponsorships). With sporting events being cancelled, postponed, or held in empty stadiums, and consumers spending more time online, participants in the athletic products industry must go digital.

Furthermore, in order to boost awareness, credibility, and engagement, businesses must increasingly work directly with individual athletes as influencers, who have a far bigger reach than events or groups. Based on the aforementioned trends, the global market Sports Apparels poised to surge at a 6.9% CAGR, reaching US$ 400 Million by 2032.

Key Market Drivers Influencing Sports Apparel Industry Expansion

Rising Desire to Live an Active Lifestyle to Foster Market Growth Prospects

Rising health and self-consciousness, as well as a desire to live an active lifestyle and seem fit, are motivating consumers to include sports and fitness activities into their daily routine. This increased engagement has resulted in a shift in market dynamics, increasing demand for sports apparel.

The availability of sports apparel with increased attributes like as moisture management, temperature regulation, and other performance-enhancing features that avoid discomfort and potential injury has piqued the interest of customers, who are ready to pay more for such added benefits.

Increasing Demand for Stylish Sports Apparel to Drive Market Growth

The demand for stylish sports apparel is increasing since they are adaptable, handy, fashionable, and can be worn for a variety of events.

This increased emphasis on style has been capitalized by important companies in the market examined, who have produced novel, technically sophisticated items that are both comfortable and functional to meet current demand, increasing their profitability. Because of the expansion in the affluent population, sports apparel has gained popularity in emerging nations. Furthermore, consumer health awareness and adoption of fitness activities such as aerobics, swimming, jogging, and yoga fuel market expansion.

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Key Challenges encountered by Sports Apparel Industry

Unstable Prices of Raw Materials to Hamper the Market Growth

The changing pricing of raw materials used in creating such garments, as well as the easy availability of counterfeit items, functions as important restraints for this industry.

Country-wise Analysis

How will the U.S Perform in the Global Sports Apparel Industry Landscape?

Rising Health Consciousness to Boost the Market Growth

United States is estimated to account for a substantial share of the market in 2022 and increase at a CAGR of 6.7% during the projected timeline. Sports apparel demand is being driven by rising health consciousness and the popularity of active lifestyles. Furthermore, the increased engagement of women in fitness and sports activities is expected to favorably influence market growth in the area.

How will the Growth of Sports Apparel Market Escalate across China?

Increased Demand for International Brands along with Greater Disposable Income to Enhance the Market Prospects

The East Asia region is the fastest-growing in the sports apparel industry, with nations such as China having a larger percentage of their youthful population partaking in athletic and other leisure activities.

Increased demand for international brands, greater disposable income, and a desire to live a healthier lifestyle are likely to drive demand for sports apparel in the region. China, aided by government programs to encourage active engagement in sports, leads the area and has the potential to overtake the United States as the world's top market in the future.

Country-wise Forecast CAGRs for the Sports Apparel Market

Country CAGR





South Korea






Category-wise Insights

Which is the Most Sought-after Sales Channel Category?

The Online Sales Segment to Boost the Market’s Growth

Online sales channel (company owned websites and e-commerce websites) and offline sales channel (modern trade channels, independent sports outlet, franchised sports outlet, specialty stores and other sales channel are the sales channel segments in the sports apparel market.

According to the sports apparel market prediction, the e-commerce websites category was the most prominent, accounting for the largest share in the sports apparel market. This may be ascribed to alternatives such as pre-purchase discounts and trials, as well as the benefit of quick satisfaction.

Moreover, the e-commerce website category is predicted to expand the fastest, thanks to increased internet penetration and greater usage of smartphones for online shopping, which allows consumers to compare items in real-time and make educated selections.

Which End-User Category Dominates the Sports Apparel Market?

The Men Sports Apparel Category to Enhance Growth Prospects

Based on End User, the sports apparel market is split into Men, Women and Children. According to sports apparel market research, the men's category earned the most revenue in 2022 and is likely to maintain this trend during the projection. This can be ascribed to men's increased engagement in sports.

However, due to increased female engagement in sports, the women end-user sector is predicted to expand at the fastest CAGR throughout the projection period.

Sports Apparel Market- Competitive Landscape

The sports apparel market is highly fragmented, with numerous major worldwide and regional companies. Some of the market's significant participants include. Companies are boosting their efforts in R&D and marketing, as well as expanding their distribution networks, in order to maintain their market position. Furthermore, they are pursuing competitive tactics by spending more in the development of new goods and technology for sports apparel production.

Recent Developments :

  • In May 2022, Puma teamed with Sonee Sports, a Maldives-based sports and leisure marketplace, to introduce the brand in the island country. Through this collaboration, the brand will be able to extend its offline retail presence and explore new avenues of distribution in the new market, such as e-commerce, sports clubs, and other distribution channels.

Key Segments Covered in the Sports Apparel Industry Survey

  • By Product Type :

    • Tops & T-Shirts
    • Hoodies & Sweatshirts
    • Jackets & Vests
    • Shorts
    • Socks
    • Surf & Swimwear
    • Pants & Tights
    • Others
  • By End Use :

    • Men Sports Apparel
    • Women Sports Apparel
    • Children Sports Apparel
  • By Sales Channel :

    • Online Sales Channel
      • Company Owned Websites
      • E-Commerce Websites
    • Offline Sales Channel
      • Modern Trade Channels
      • Independent Sports Outlet
      • Franchised Sports Outlet
      • Specialty Stores
      • Other Sales Channel
  • By Region :

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • Middle East & Africa

- FAQs -

At what value will the Sports Apparel market close in 2023?

As of 2023, Fact.MR expects the Sports Apparel industry to be valued at US$ 207 Billion.

From 2018-2022, what was the documented growth rate for the Sports Apparel market?

According to Fact.MR, a CAGR of 5.7% was recorded for the Sports Apparel market from 2018-2022.

At what percentage will the industry expand during the 2023-2033 period of assessment?

From 2023 to 2033, the Sports Apparel industry is poised to flourish at a 6.9% CAGR.

What is the expected closing market value for Sports Appareling 2033?

By 2033, the Sports Apparel landscape is slated to reach a valuation of US$ 400 Billion.

Which is the most preferred end-user category of Sports Apparel?

By end-user, the men segment is expected to dominate the market during the forecast period.

How will the U.K market for Sports Apparel flourish until 2033?

As per Fact.MR’s projections, the market for Sports Appareling the UK will likely expand at a 6.3% CAGR.

What will be the growth scenario for the market in China until 2033?

China is poised to yield a CAGR of 6.5% with respect to Sports Apparel in 2033.

Sports Apparel Market

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