IMARC Group, a leading market research company, has recently releases report titled “Outdoor Sports Apparel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global outdoor apparel market, analysis, trends, share, size, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Industry Overview of Outdoor Sports Apparel Market
Outdoor sports apparel refers to specialized clothing, footwear, and accessories designed and manufactured for outdoor sports and recreational activities. It includes jackets, pants, footwear, hats, and gloves for hiking, climbing, fishing, cycling, and snow sports. It is crafted using advanced materials and technology to provide improved comfort and protection from rain, wind, and extreme temperatures. It facilitates adequate blood flow, keeps muscles oxygenated, and prevents sunburn and rashes. Besides this, as it aids in avoiding muscle sprains and ligament-related injuries, the demand for outdoor sports apparel is rising across the globe.
How big is the Outdoor Sports Apparel Market?
The global outdoor sports apparel market size reached US$ 13.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 22.4 Billion by 2028, exhibiting a growth rate (CAGR) of 8.30% during 2023-2028.
Outdoor Sports Apparel Market Trends and Drivers:
The rising interest of individuals in outdoor recreational activities, such as hiking, mountaineering, rock climbing, and trekking, and their increasing awareness about fitness and health represent one of the key factors catalyzing the demand for outdoor sports apparel. Additionally, the adoption of advanced technologies in the production of outdoor sports apparel to develop products with innovative features, such as weather resistance, durability, and improved comfort, is offering a favorable market outlook. There is a rise in the development of sports apparel with added safety features, such as reflective elements for visibility, padding for impact protection, and ultraviolet (UV) protection from harmful sun rays. Furthermore, the rising trend of ‘athleisure’ is broadening the consumer base beyond traditional athletes and outdoor enthusiasts. Outdoor sports apparel also caters to style-conscious consumers with fashionable designs and a wide range of colors, enabling them to express their personal style while engaging in outdoor activities. Moreover, the proliferation of the e-commerce industry is allowing manufacturers to reach a wider consumer base and increase overall profitability.
What Is Included In Market Segmentation?
The report has been segmented the market into following categories:
Breakup by Product Type:
- Top Wear
- Bottom Wear
- Others
Breakup by Mode of Sale:
- Retail Stores
- Supermarkets
- Brand Outlets
- Discount Stores
- Online Stores
Breakup by End User:
- Men
- Women
- Kids
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Who Are The Key Players/Companies In Home Medical Equipment 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.