Outdoor Performance Apparel Market is expected to rise at a CAGR of 4.60% during the forecast period
Market Overview
Global Outdoor
Performance Apparel Market is predicted to register a CAGR of 4.52% during the
2019 to 2025 forecast period. A market research report predicts US$27,879.1
million valuation of the market by 2025. The growth is anticipated to be
supported by the growing demand from companies across many industries. Based on
the report, the surging usage across different industries will drive growth in
the market in the coming years till 2025. However, the growing penetration of
alternatives in the market will negatively affect the outdoor performance
apparel market’s growth. The growing demand for alternatives is anticipated to
be another factor which could turn out to be a threat to companies during 2019
to 2025. The market report based on primary and secondary data reveals that
type, fabric type, distribution channel, and category segments will witness a
healthy growth till 2025. While the increasing demand from various industry
verticals will support the market during the forecast period and the growing
demand for innovative products will also help the market globally, the growth
could be affected by the increasing preferences for cheaper alternative
solutions which could hinder business activities. The lack of awareness is also
expected to be responsible for stalled market growth till 2025.
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Market Segmentation
The outdoor
performance apparel market is categorized into smaller segments such as type,
fabric type, distribution channel, and category in order to analyze the market.
The type, fabric type, distribution channel, and category segments are then
categorized further. The type segment is categorized into base layers, boots
& shoes, compression wear, jackets & vests, pants & trousers, and
others. Analysts have studied these sub segments. Based on fabric type, the
global market is further segmented into woven and knit. Based on the study of
these segments, analysts have shared market forecasts. On the basis of the
distribution channel, the market is segmented into smaller segments including
cycling, hunting & fishing, running, ski & snow, swimming & water
sports, and others. The category segment is categorized into supermarkets
& hypermarkets and specialty stores and online.
The presence of many
untapped opportunities across the market will drive growth in the market during
the forecast period 2019 to 2025. Across all the segments including type,
fabric type, distribution channel, and category, the global market for outdoor
performance apparel will witness a healthy growth. However, factors such as the
availability of alternative solutions could become a threat to the market’s
growth. Economic activities surrounding the outdoor performance apparel sector
will also get benefitted from the increasing preference of consumers.
Businesses across outdoor performance apparel have been thoroughly studied and
analyzed by outdoor performance apparel industry’s expert researchers. Findings
have been published in the outdoor performance apparel market research report
with forecasts till 2025.
Regional Overview
The outdoor
performance apparel market, apart from the product and service related
segments, is spread across the world. The regional markets of outdoor
performance apparel covered in the report are North America, Europe,
Asia-Pacific, the Middle East and Africa as well as the rest of the world. The
surging usage across different industries is set to be a key growth factor for
businesses active in the outdoor performance apparel space. The market across
North America is segmented into the United States, Mexico, Canada, and others.
Regional markets in the outdoor performance apparel sector across the European
market are segmented into Germany, Italy, the United Kingdom, and France. The
market in the APAC region is segmented into India, China, Japan, and others.
Outdoor performance apparel based businesses across the world will be supported
by the increasing preference of consumers during the forecast period 2019 to
2025. However, the growth could be hindered by the growing demand for
alternatives. The market is also segmented into the Middle East and Africa
regions among others.
Competitive Landscape
Outdoor performance
apparel based companies have been studied and profiled in the market research
report. The outdoor performance apparel market along with its segments and key
players has been studied. Outdoor performance apparel business analysis is done
to identify competitors and their strategies. The global outdoor performance
apparel market research report covers core values, strengths and other key
factors about outdoor performance apparel related companies. Competitors to
help comprehend their mission, vision, core values, niche market, strengths,
and weaknesses. The growing investments across different sectors are set to
help the market during the forecast period 2019 to 2025. The market is
anticipated to reach a higher valuation of US$27,879.1 million with a CAGR of
4.52%. However, the fluctuating prices of raw materials will prove to be
affecting the outdoor performance apparel market growth.
Industry News
JD Sports Fashion Plc
has agreed to buy a 60% stake in Marketing Investment Group in Poland, that
sells a variety of leading clothing shoes and clothing from top brands, mainly
under the Sizeer and 50 Style fascias. JD Sports Fashion Plc has agreed to buy
a 60% stake in Marketing Investment Group in Poland that sells a variety of
sports fashion shoes and clothing from leading global brands, mainly under the
Sizeer and 50 Style fascias. JD Sports Fashion Plc, the UK's biggest sports
retailer, has agreed to purchase a 60% stake in Poland's Marketing Investment
Group (MIG), which offers a selection of sports fashion footwear.
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NOTE: Our Team of
Researchers are Studying Covid19 and its Impact on Various Industry Verticals
and wherever required we will be considering Covid19 Footprints for Better
Analysis of Market and Industries. Cordially get in Touch for More Details.
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