Sports Apparel Market to Grow due to Rising Disposable Income and Increasing Living Standards of Consumers

Published On : 12 Oct 2015

ALBANY, New York, October 12, 2015 – QYResearchReports announces the addition of a new research report, titled “Global Sports Apparel Industry 2015 Market Research Report”. This report presents extensive data and comprises 245 tables along with figures for presenting major statistics on the sports apparel industry’s state. This study is a lucrative storehouse of expert knowledge and guidance and provides the required information to emerging companies in the sports apparel market. The study has been conducted by utilizing the objective combination of both primary as well as secondary information. The report comprises an extensive vendor and market landscape, coupled with a SWOT analysis of the prime vendors.         

The report starts by defining sports apparel and presenting its classification and applications. As per the report, sportsapparelis worn while performing physical exercise or workouts for providing comfort to the wearer. These are also worn while playing sports competitively.Sports apparel is lightweight and certain types of sportswear also comprise thermal properties for keeping the wearer’s body warm, especially in cold climates.The report further states that in present times, sports apparelis designed by utilizing sophisticated fabrics for soaking in perspiration from the wearer’s body.As per the report, sports apparelis classified as shorts, t-shirts, hoodies, and tracksuits.

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Moving further, the industry chain structure along with a regional overview of the sports apparel industry has been presented in this report.A policy analysis coupled with an industry chain analysis of the sports apparel market is also a part of this research report. The report covers a number of market dynamics including market trends, opportunities, drivers, and inhibitors. These market dynamics have been analyzed on the basis of their effect on the growth of the sports apparel market. The prime driver responsible for fuelling the market is the rising disposable income of consumers and the rising living standards globally. This increase in disposable income and living standards on a worldwide level, particularly in emerging economies including China, Brazil, and India, has stimulated the global market for sports apparel.

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On the other hand, the report states that the presence of counterfeit products in the market stands as a substantial threat for the established brands. These products also affect brand profits and brand image of established companies and may impede market growth in the coming years. The prominent trend in the sports apparel industry is the launch of high-tech fabrics by the prime vendors owing to the increasing demand for comfortable and advanced sports apparels.

Moving further, the development plans and policies of major players in the sports apparel industryare elaborated upon along with mentioning the cost structures and manufacturing processes of the industry. The report also covers the key industry players and presents information on their products, company profiles, production, revenue, and contact information. At the end of the report, the investment feasibility of new investment projects has been evaluated and conclusions have been provided accordingly.

The prominent players covered in this report include Adidas, Nike, ASICS, Puma, Under Armour, ESCADA, Amer Sports, Columbia Sportswear, and Billabong International, among others.

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