The ‘Functional Apparel Market Report: COVID-19 Impact Analysis Forecast to 2027’ published by Reports and Data gives a holistic overview of the Functional Apparel market. The report studies the industry to forecast market growth for the period 2020-2027. The report employs both quantitative and qualitative assessment by examining product portfolios, pricing structures, market penetration, parent market revenue, end-user industries, and elements affecting industry growth. The report segments the market to help readers get a more in-depth understanding of the different aspects of the market. The global Functional Apparel market is forecasted to grow at a rate of 7.3% from USD 305.52 billion in 2019 to USD 519.04 billion in 2027.
The report also examines the financial standing of leading companies in detail, which consists of market position, gross profit, overall revenue, sales volume, manufacturing, growth rate, and other vital facts & figures. It profiles the leading companies in the Functional Apparel market to derive market positions, and strengths and weaknesses of established competitors and new entrants by utilizing analytical tools like SWOT Analysis and Porter’s Five Forces Analysis. The study also highlights production capacity, consumer base, value, volume, product offerings, upstream suppliers, downstream buyers, market concentration rate, and leading regions to give an exhaustive evaluation of the global landscape.
The research study consists of the latest updates about the COVID-19 impact on the Functional Apparel sector. The outbreak has virtually influenced the entire global economic landscape. The report evaluates the current situation of the business and studies the possible aftereffects of the outbreak on the overall industry.
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Leading Functional Apparel manufacturers/companies in the market:
Nike Inc., Adidas AG, Asics Corporation, Hanes Brand Inc., Reebok, Jockey International Inc., Russell Brands LLC, PUMA S.E., Hugo Boss AG, and Columbia Sportwear Company, among others.
Scope of the Report
Functional Apparel product types, applications, end-user industries, and regions are the key market segments studied in this report. It discusses the growth prospects of different market segments by examining the current market setting, historical performance, demand and supply ratio, production, consumption, sales, and revenue of leading companies in the market. The segmentation offers a 360 view of the market, along with a thorough COVID-19 Impact Analysis, that will prove useful for readers looking to invest in the Functional Apparel sector, and market analysis that will help companies formulate effective strategies to reach their desired business goals. The regional analysis of the market maps the regions of North America, Europe, Asia Pacific, Latin America, and Middle East & Africa that have been outlined in the research.
To summarize, the global Functional Apparel market report studies the current market landscape to forecast the growth prospects, challenges, opportunities, risks, and trends observed in the market that can influence industry growth. The market factors impacting the global sector also include provincial trade policies, international trade disputes, entry barriers, and other regulatory restrictions.
Functional Apparel Market Competitive Landscape & Company Profiles
The competitive landscape and company profiles offered in the report examine the key players in the Functional Apparel market. The competitive analysis scrutinizes strategic initiatives adopted by key players and evaluates recent developments and market standing of the companies. The company profiles include data of established players and new entrants and are examined by using analytical tools like SWOT Analysis.
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Market Segmentation:
Product Outlook (Revenue, USD Billion; 2017-2027)
• Sportswear
• Activewear
• Protective Clothing
• Footwear
• Others
Application Outlook (Revenue, USD Billion; 2017-2027)
• Professional Athletic
• Armature Athletic
• Others
Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
• Supermarkets
• Convenience Stores
• Online
Research Methodology
Our analysts employ advanced primary and secondary sources of data collection and other analytical tools to analyze key market information. The report refers to reliable sources to accumulate validated information and provides strategic recommendations to companies engaged in the market to help them gain a competitive edge in the global Functional Apparel market.
Primary research:
The research includes interviews of industry experts in the global Functional Apparel industry, including a detailed supply chain analysis and value chain analysis by examining the global industry, and vendor landscape of the Functional Apparel market.
Secondary research:
As part of the secondary research, the report offers key information pertaining to the value chain, company profiles, and major products and applications. The market segmentation provided in the report studies the global sector to shed light on the regional markets, key trends observed, and recent developments in the industry.
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