Market Size of Sports Apparel Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 247.17 Billion |
| Market Size (2029) | USD 342.17 Billion |
| CAGR (2024 - 2029) | 6.72 % |
| Fastest Growing Market | Middle East and Africa |
| Largest Market | North America |
Major Players.webp "Sports Apparel Market Major Players"){kind=logo}
*Disclaimer: Major Players sorted in no particular order |
Sports Apparel Market Analysis
The Sports Apparel Market size is estimated at USD 247.17 billion in 2024, and is expected to reach USD 342.17 billion by 2029, growing at a CAGR of 6.72% during the forecast period (2024-2029).
Rising health and self-consciousness, a desire to live an active lifestyle, and a desire to appear fit motivate consumers to incorporate sports and fitness activities into their daily routines. The availability of sports apparel with enhanced properties, such as moisture management, temperature control, and other performance-boosting characteristics that prevent discomfort and potential injury, has captured the interest of consumers, who have been observed to be willing to pay more for such additional benefits. Furthermore, the rising participation of the female population in professional and domestic sports and fitness activities is expected to drive the market over the forecast period. For instance, according to the Bureau of Labor Statistics of the United States, 19.1% of women participated in sports, exercise, and recreational activities every day in 2022, an increase from 17.2% in 2018. Besides this, a long-standing fashion trend, sustainability, has entered the athleisure industry. Consumers continue to find and invest in new items made of sustainable, durable, and high-quality materials. Moreover, the growing crossover between sports and fashion, which has resulted in an increased presence of fashionable sports apparel, is expected to fuel the market growth further.
Sports Apparel Industry Segmentation
Sports apparel is worn during physical exercise for comfort or safety reasons. It generally includes tracksuits, shorts, T-shirts, and polo shirts.
The sports apparel market is segmented by sport, end-user, distribution channel, and geography. By sports, the market is segmented into golf, soccer, basketball, baseball, and other sports. By end-user, the market is segmented into men, women, and children. By distribution channel, the market is segmented into warehouse clubs, specialty stores, supermarkets/hypermarkets, online retail stores, and other distribution channels. Based on geography, the market is segmented into North America, Europe, Asia-Pacific, South America, and the Middle East and Africa.
The market sizing has been done in value terms in USD for all the abovementioned segments.
| Sport | |
| Soccer | |
| Basketball | |
| Baseball | |
| Golf | |
| Other Sports |
| End -User | |
| Men | |
| Women | |
| Children |
| Distribution Channel | |
| Specialty Stores | |
| Supermarket/Hypermarket | |
| Online Retail Stores | |
| Warehouse Clubs | |
| Other Distribution Channels |
| Geography | |||||||||
| |||||||||
| |||||||||
| |||||||||
| |||||||||
|
Sports Apparel Market Size Summary
The sports apparel market is poised for significant growth, driven by increasing consumer interest in health, fitness, and active lifestyles. The demand for sports apparel is bolstered by the availability of products featuring advanced properties like moisture management and temperature control, which enhance performance and comfort. The market is further propelled by the rising participation of women in sports and fitness activities, as well as the growing trend of sustainability within the athleisure sector. Consumers are increasingly drawn to fashionable sports apparel that blends style with functionality, a trend supported by celebrity endorsements and social media influence. This crossover between sports and fashion is expected to continue fueling market expansion.
Globally, the sports apparel market is experiencing a surge in sales across various demographics, supported by government initiatives to promote sports participation and community engagement. The United States stands out as a key regional market, with its robust retail structure and strong influence from sports celebrities driving demand. The market is characterized by a fragmented landscape with several prominent players, including Adidas, Nike, Puma, New Balance, and Lululemon Athletica, who are investing in research and development and expanding distribution channels to maintain competitive advantage. These companies are also focusing on innovative product development to cater to a broad audience, further contributing to the market's growth trajectory.
Sports Apparel Market Size - Table of Contents
-
1. MARKET SEGMENTATION
-
1.1 Sport
-
1.1.1 Soccer
-
1.1.2 Basketball
-
1.1.3 Baseball
-
1.1.4 Golf
-
1.1.5 Other Sports
-
-
1.2 End -User
-
1.2.1 Men
-
1.2.2 Women
-
1.2.3 Children
-
-
1.3 Distribution Channel
-
1.3.1 Specialty Stores
-
1.3.2 Supermarket/Hypermarket
-
1.3.3 Online Retail Stores
-
1.3.4 Warehouse Clubs
-
1.3.5 Other Distribution Channels
-
-
1.4 Geography
-
1.4.1 North America
-
1.4.1.1 United States
-
1.4.1.2 Canada
-
1.4.1.3 Mexico
-
1.4.1.4 Rest of North America
-
-
1.4.2 Europe
-
1.4.2.1 United Kingdom
-
1.4.2.2 Germany
-
1.4.2.3 France
-
1.4.2.4 Italy
-
1.4.2.5 Netherlands
-
1.4.2.6 Spain
-
1.4.2.7 Rest of Europe
-
-
1.4.3 Asia-Pacific
-
1.4.3.1 China
-
1.4.3.2 Japan
-
1.4.3.3 India
-
1.4.3.4 Australia
-
1.4.3.5 Rest of Asia-Pacific
-
-
1.4.4 South America
-
1.4.4.1 Brazil
-
1.4.4.2 Argentina
-
1.4.4.3 Rest of South America
-
-
1.4.5 Middle East and Africa
-
1.4.5.1 South Africa
-
1.4.5.2 United Arab Emirates
-
1.4.5.3 Rest of Middle East and Africa
-
-
-
Sports Apparel Market Size FAQs
How big is the Sports Apparel Market?
The Sports Apparel Market size is expected to reach USD 247.17 billion in 2024 and grow at a CAGR of 6.72% to reach USD 342.17 billion by 2029.
What is the current Sports Apparel Market size?
In 2024, the Sports Apparel Market size is expected to reach USD 247.17 billion.
