The Global Women Sportswear Market size is valued at USD 172.25 Billion in 2022 and is projected to reach USD 272.31 Billion by 2030, and is projected to grow at a CAGR of 5.22% during the forecast period from 2023 to 2030.
Women Sportswear Market Overview:
Women commonly use sports wearables during sports competitions, athletics, and other activities to help them provide high levels of comfort and flexibility. Women prefer a variety of sports wearables based on the type of sports they engage in, thus increasing demand for the global sports industry is driving their consumption of sportswear. Additionally, the growing importance of physical activity and its health benefits for women helps them keep up with sports and other recreational activities. Sportswear manufacturers use different styles, colors, and materials in designing a wide range of women's sportswear to appeal to women and provide wearables for every sport. Maintaining the quality level of athletic apparel and footwear is an important aspect of the manufacturing process.
Popular brands such as Nike and Adidas use celebrity endorsements and M&A tactics in their women's shoes to attract consumers to sportswear and expand their business. Today, companies are very interested in adopting newer technologies in women's sportswear in order to provide customization to the needs of consumers. For example, at ISPO in January 2020, The Lycra Company, a global leader in developing innovative solutions for the apparel industry, showcased its latest innovative design solutions that use Lycra-Fit-Sense technology for activewear, sportswear and sportswear Casual Wear. Effective utilization of supply chain channels for women's activewear products is an important aspect for companies to generate revenue from their respective women's wearable segment.
Women Sportswear market size estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Women Sportswear market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and other global crisis.
The global Women Sportswear market is the professional and accurate study of various business perspectives such as major key players, key geographies, divers, restraints, opportunities, and challenges. This global research report has been aggregated on the basis of various market segments and sub-segments associated with the global market.
- In August 2019, Acabada launches world’s first CBD-infused activewear brand, Proactive Wear line that includes high performing sports bras, tops, leggings, shorts, jackets and bodysuites with CBD infused garments that provides high shine and matte finishes to the wears.
- In August 2019, Dick’s Sporting Goods launches DSG, a newest athletic gear and apparel line that offers athletes an expanded assortment of styles and sizes for women, men, and youth.
Top Key Players include in the Women Sportswear Market are
NIKE, Adidas, PUMA, V.F.Cooporation, Columbia, Amer Sports, Under Armour, LULULEMON ATHLETICA, Mizuno, LOTTO, Kadena, Plantium, Classic, Third Street, Graphic, Beacon, AST, DP, Anta, Lining, Xtep, 361sport, PEAK, GUIRENNIAO, Qiaodan, and others.
The Women Sportswear market research report is categorized based on type, applications and region.
On the Basis of Type:
- Tops & T-Shirts
- Jackets & Vests
- Hoodies & Pullovers
- Skirts & Dresses
- Pants & Tights
On the Basis of Application:
On the Basis of Fabric
- Professional Athletes
- Amateur Operator
On the Basis of Region:
Geographically, the global Women Sportswear market has been analyzed in various regions such as North America, Latin America, Middle East, Asia-Pacific, Africa, Europe, and India. The global Women Sportswear region is dominating this market in the upcoming future.
North America region is expected to dominate the global women sportswear market because of the presence of key industry players such as Nike, Adidas, ASICS Corp., Under Armour Inc., and others. The large participation for the sports such as basketball, football, and hockey in the region simultaneously increases the consumption of the sports goods. According to the ASPEN Institute, in 2017, in America, nearly 9,88,260 number of children’s between the age group of 6 to 12 has played flag football which was 9.9% more in numbers as compared to the previous year.
Europe is expected to witness a considerable share of the market owing to the large popularity of having sportswear as casual wear in Europe. Furthermore, the large import of sports goods in the region increases the consumption. According to The Observatory of Economic Complexity (OEC), in 2017, Germany has imported sports goods valued at USD 1.14 billion which was 6.1% more as compared to previous year.
Asia Pacific region is projected to witness stronger growth in the women's sportswear market owing to rapid urbanization coupled with the changing lifestyles and increasing disposable spending of the peoples for sport wears. Moreover, shifting consumer trends towards outdoor activities such as running, yoga, and fitness flourishes the consumption of sports goods in the region.
Further the regions are divided into countries as follows
- North America
- Rest of North America
- Nordic Countries
- Benelux Union
- The Netherlands
- Rest of Europe
- South Korea
- Southeast Asia
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Rest of Latin America
Women Sportswear Market report scope:
The major key questions addressed through this innovative research report:
What are the major challenges in front of the global Women Sportswear market?
Who are the key vendors of the global Women Sportswear market?
What are the leading key industries of the global Women Sportswear market?
Which factors are responsible for driving the global Women Sportswear market?
What are the key outcomes of SWOT and Porter’s five analysis?
What are the major key strategies for enhancing global opportunities?
What are the different effective sales patterns?
What will be the global market size in the forecast period?
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