Sports Bra and Underwear Market Size 2021 Industry Size, Share, Business
Global Sports Bra and Underwear Market is valued at USD 37.03 Billion in 2018 and expected to reach USD 81.71 Billion by 2025 with the CAGR of 11.97% over the forecast period.
The increasing awareness of active lifestyle is driving the sports bra and underwear market.
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Scope Sports Bra and Underwear Market Report:
Sports bra is woman underwear which provides support to breasts during physical exercises and sports activities. It is sturdier than typical bras, comfortable to wear, minimizes breast movements, provides less discomfort and reduce potential damage to chest ligaments. Sports underwear is mainly used by sports person and the people who do exercises and yoga as these cloths are flexible, comfortable and more stretchable. These cloths are made with special fabrics which help to keep the wearer comfortable during sports activities, exercise and yoga. Different types of fabric are available depending on the intensity of the exercise and activity. Sports men mainly wear more tightly fitting underwear, containing jockstraps and jockstraps with cup pocket and protective cup. Sports underwear is designed according to the thermal insulation needs of the wearer.
Global sports bra and underwear market is segmented in type, application, end user and region. On the basis of type, the sports bra and underwear market is divided in to sports bra and sports underwear. On the basis of application, the market is segmented in to supermarket, online and others.
The regions covered in this Oil Country Tubular Goods Market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, the market of Oil Country Tubular Goods is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC, Africa, etc.
Key Players for Global Sports Bra and Underwear Market Reports– Some major key players for global Sports Bra And Underwear market are Under Armour, Adidas, Nike, Decathlon, New Balance, Lululemon Athletica, The North Face, Arc’Teryx, Asics, Enell, Champion, Gap, Bonds, Triumph, Berlei, Reebok, Ellesse, Shock Absorber, Puma, Victoria’S Secret & Nanjiren and others.
The Increasing Awareness of Active Lifestyle is Driving the Sports Bra and Underwear Market- The popularity of wearing active sportswear in everyday life has become trend around 2010 and continues to grow in demand. It has become more of casual wearing and broken out of its traditional limitation of being used only at the time of sports activities and exercises. Due to extensive demand, promotion by popular sports person and advantages of using the product, the market of sports bra and underwear is expanding rapidly. In the previous few years, the increase in awareness of active lifestyles have seen consumers and retailers alike move away from the push-up bras to sports bra and casual underwear to sports underwear. For example, the average price point of sports bra in USA has increased by 5% from $44.95 to $47.37. Some of the factors which help in propelling the market to grow are aspirational fitness fashion, cultural movements, urban adaptations, social change, innovative fabrics and sports influence on fashion industry. Substitute products are restraining the sports bra and underwear market.
Geographically, this report split global into several key Regions, revenue (Million USD) The geography (North America, Europe, Asia-Pacific, Latin America and Middle East & Africa) focusing on key countries in each region. It also covers market drivers, restraints, opportunities, challenges, and key issues in Global Sports Bra and Underwear Market.
Key Benefits for Sports Bra and Underwear Market Reports
• Global market report covers in-depth historical and forecast analysis.
• Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level.
• Global market report helps to identify opportunities in market place.
• Global market report covers extensive analysis of emerging trends and competitive landscape.
Global Sports Bra and Underwear Market Segmentation –
By Product Type
• Sports Bra
• Sports Underwear
By Application
• Supermarket
• Online
• Others
North America is dominating the Sports Bra and Underwear Market
Asia-pacific region is expected to have highest growth rate in sports bra and underwear market due to increasing average income, increasing awareness of healthy lifestyle and overall growth of sports apparel industry in this region. China is the largest market for sports apparel sales in Asia-pacific region and also have significant share in sports bra and underwear market due to government policies such as project of building up to 60 % more sports facilities by 2025, to achieve goal of having 500 million people exercising regularly. North America is dominating the sports bra and underwear market followed by Europe due to presence of number of major players in sports apparel industry. Still established markets of these regions are struggling to show increase in sales of sports products including sports underwear. For example, Europe experienced about average growth of just 1% in sports apparel market where as USA have growth rate about 4% according to sports chump wen portal. In Middle East & Africa recently year-over-year sales have reached up to growth rate of 15%, showing future opportunity for the market to expand in this region.
Sports Bra and Underwear Market Key Players:
• Under Armour
• Adidas
• Nike
• Decathlon
• New Balance
• Lululemon Athletica
• The North Face
• Arc’Teryx
• Asics
• Enell
• Others
By Regional & Country Analysis
North America, US, Mexico, Chily, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, South Korea, Japan, India, Southeast Asia, Latin America, Brazil, The Middle East and Africa, GCC
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Our Market Research Solution Provides You Answer to Below Mentioned Question:
Which are the driving factors responsible for the growth of market?
Which are the roadblock factors of this market?
What are the new opportunities, by which market will grow in coming years?
What are the trends of this market?
Which are main factors responsible for new product launch?
How big is the global & regional market in terms of revenue, sales and production?
How far will the market grow in forecast period in terms of revenue, sales and production?
Which region is dominating the global market and what are the market shares of each region in the overall market in 2019?
How will each segment grow over the forecast period and how much revenue will these segment account for in 2027?
Which region has more opportunities?
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