Market Overview
As per the analysis by Market Research Future (MRFR), the global Outdoor Performance Apparel Market Share is estimated to record a CAGR of 4.52%, while garnering the market value of USD 27, 89.1 million by 2025.
The growing adoption of a sedentary lifestyle is likely to expose humans to health conditions such as obesity, diabetes, osteoporosis, and others. Therefore, there has been an inclination towards outdoor activities such as cycling, running, swimming, and others, which is estimated to increase the demand for outdoor apparel significantly. Further, e-commerce is projected to play a vital role in surging the demand for outdoor apparel owing to the convenience provided by online shopping platforms. Further, the increased disposable income and rising demand for fashionable sports apparel are anticipated to enhance the demand during the review period.
On the contrary, manufacturers providing counterfeit products at low costs is likely to impede the market growth. However, initiatives taken by governments of various countries to promote outdoor fitness, along with the above-stated factors, are projected to propel the market significantly in the forthcoming period.
Key Players
The renowned players of the global Outdoor Performance Apparel Market Share are Zensah (US), Columbia Sportswear Company (US), V. F. Corporation (US), Páramo Ltd (UK), Voormi (US), ES Performance (US), Habit Outdoors (US), Amer Sports (Finland), Vista Outdoor Inc (US), and Marolina Outdoor Inc. (US).
Market Segmentation:
The segment evaluation of the global Outdoor Performance Apparel Market Share is done by type, fabric type, distribution channel, and category.
The type-based segments of the global Outdoor Performance Apparel Market Share are jackets & vests, compression wear, pants & trousers, base layers, boots & shoes, and others.
The fabric type-based segments of the global Outdoor Performance Apparel Market Share are knit and woven.
The distribution channel-based segments of the global Outdoor Performance Apparel Market Share are Specialty Stores, Supermarkets & Hypermarkets, and others.
The category-based segments of the Outdoor Performance Apparel Market Share are Running, Hunting & Fishing, Swimming & Water Sports, Ski & Snow, cycling, and others.
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Regional Analysis
Based on the region, the global Outdoor Performance Apparel Market Share is segmented into North America, Europe, APAC, and the Rest of the World (RoW).
As per the analysis, the global Outdoor Performance Apparel Market Share is estimated to be dominated by Europe. Germany is recognized to make the most crucial contribution in expanding the regional market during the review period. The increasing health consciousness among individuals is anticipated to enhance the demand for outdoor apparel in the region. Further, the innovation in designing the apparel is likely to propel the market significantly in the coming period.
North America is projected to secure substantial market share during the review period. The increasing outdoor performance owing to the prevailing health condition of obesity, diabetes, and others are estimated to enhance the demand for outdoor apparel in the coming period.
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