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Sector Analysis
Sportswear Market Size, Share and Trend Analysis by Segments, Region, Category Performance and Competitive Landscape to 2027
Sportswear Market Report Overview The sportswear market size was valued at $441 billion in 2022. The market is expected to achieve a CAGR of more than 5% from 2022 to 2027. The sportswear market growth is attributed to the consumer apparel preferences remaining geared towards sportswear styles. Consumers are continuing to prioritize their health and fitness and try out new sports. Furthermore, the sportswear market will outperform the total apparel market as the versatility and comfort of athleisure items remain...
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Sector Analysis
Germany Apparel Market Size and Trend Analysis by Category, Retail Channel, Supply Chain, Consumer Attitudes, Brands and Forecast to 2026
Germany Apparel Market Report Overview The apparel market size in Germany was EUR76.1 billion in 2022 and is expected to witness a CAGR of over 7% from 2023 to 2026. Sportswear will continue to drive the German apparel market in 2023 and beyond due to increased consumer interest in health and fitness and the continued popularity of athleisure, with the sportswear market remaining fairly resilient with growth of 0.3% versus total apparel falling by 1.4%. Many key items meet the...
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Analyst Opinions
JD Sports, UK (Clothing and Footwear) Shoppers Profile, Market Share and Competitive Positioning
Profile of retailer’s shopper base, key performance indicators, sales and market shares JD Sports’ shopper base in the UK is predominantly composed of male shoppers (61.3%) due to its focus on sportswear and the variety of men’s athleisure brands it offers. JD Sports sells premium apparel from Calvin Klein and Hugo Boss, as well as emerging sportswear brands like On Running and Castore, which has allowed the retailer to encourage repeat purchases among its millennial customers, who make up 51.6%...
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Company Insights
Li-Ning, China (Clothing and Footwear) Shoppers Profile, Market Share and Competitive Positioning
Profile of retailer’s shopper base, key performance indicators, sales and market shares Millennials comprise a significant proportion of Li-Ning shoppers, with 68.1% of the generation saying they have purchased from the retailer in GlobalData’s Q3 2021 Consumer Survey. Li-Ning’s sole reliance on China and its athleisure specialism protected the brand during the pandemic, and it finished FY2021 with year-on-year revenue up 56.1% to CNY22.6bn - an uplift of 62.7% versus FY2019. Li-Ning’s use of sub-brands continues to be one of...
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Sector Analysis
Casualwear in Apparel Industry – Analysing Trends, Opportunities and Strategies for Success
The report includes analysis, brands, and trends associated with casualwear in the Global Apparel Market. With inflation rising across countries globally, many consumers will be looking to reduce their non-essential purchases, with apparel spend at high risk of being slashed. Escalating prices will disproportionately affect those on lower incomes, as rising bills will wipe out discretionary spending, yet brands should expect to see volumes reduced across the board, with consumers from all income groups re-evaluating their spending habits. Even since...
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Sector Analysis
Asia Pacific (APAC) Apparel Market Size and Trend Analysis by Category (Womenswear, Menswear, Childrenswear, Footwear and Accessories), Product Subsegment, Price Positioning, Retail Channel, Supply Chain, Consumer Attitudes, Key Brands and Forecast, 2021-2025
The APAC apparel market size was $761.3 billion in 2021. The market is expected to achieve a CAGR of more than 9% during 2020-2025. APAC’s apparel market was impacted less than other regions due to widespread revenge shopping, an increase in domestic spending due to international travel restrictions in China and continued rapid population growth in key markets such as China and India. As a result, the region’s sales rebounded quickly in 2021. Store closures during COVID-19 lockdowns forced more...
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Sector Analysis
Japan Apparel Market Size, Key Trends and Brands, Consumer Behavior, and Forecast, 2020-2025
The apparel market size in Japan was ¥9,640 billion in 2020. However, inflation will drive the market so that it fully recovers by 2024, with a forecast CAGR of less than 1% from 2019-2025. The pandemic led many consumers in Japan to adapt to work from home and even when restrictions were eased, many continued hybrid work schedules. There is also a trend in Japan that is geared towards comfortable, multi-purpose clothing that can be worn for various occasions, which...
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Sector Analysis
Global Denim and Jeans Market to 2024 – Market Analysis, Top Brands and Trends (Updated for COVID-19 Impact)
This "Global Denim and Jeans Market to 2024" report covers the Jeans market size and forecasts by value and volume, with channel performance, regional analysis, markets shares and the competitive landscape. It also gives insight and analysis on the key trends in the wider denim market. The global Jeans market, grew by CAGR 0.5% between 2014-2019 to USD74bn, but the overall apparel market grew by CAGR 0.9% in the same period, driven by a rise in athleisure particularly in markets...
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Sector Analysis
Apparel Market in United States of America (USA) to 2024 with COVID-19 Impact Analysis
Non-essential sectors will be hit the hardest in 2020 as consumer confidence falls, with apparel sales forecast to decline by 25.7% in 2020, as consumers have no events or holidays to purchase new clothes for, and growth in the demand for loungewear and athleisure cannot match this. This report includes Analysis, market forecasts, brands, consumer attitudes and trends in the US Apparel Market 2019-2024 with COVID-19 impact
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Analyst Opinions
COVID-19 Impact on Adidas and its future prospects
Adidas’ wide geographical reach and deeper pocket puts it in better position to deal with the crisis Demand for athleisure and personal fitness equipment will be higher post COVID-19 and retailers must be innovative with their retail approach for these categories The post coronavirus (COVID-19) company impact report analyses the impact of the COVID-19 outbreak on Adidas & its future prospects.