What is Sports Intimate Wears Market Scope?
Intimate wear refers to a wide range of apparel products such as bras, pants, lingerie, sports bras, nightgowns, shapewear, and loungewear. Sports Intimate is no longer only a trend in the fashion/apparel market; it has become a new major driver in the apparel industry's every move. It has impacted every aspect of the apparel industry and left no stone untouched, as evidenced by an examination of all runway collections. This adjustment in lifestyle opens up the otherwise overcrowded intimate clothing market. In the modern comfort-friendly world, this attractive combination of fashion and function has given intimate wear the well-deserved recognition it deserves in a wardrobe.
The Sports Intimate Wears market study is being classified by Type (Gym Wear, Yoga Wear and Others) and major geographies with country level break-up.
The demand for Activewear and Sports Wear is increasing as People are more aware of being Fit as it is important during this Current Pandemic. The Companies in this industry are facing many challenges. The industry leaders are facing Stiff competition from Nike, Adidas, Puma, Under Armour, and Converse. It has been identified that market-leading players are investing heavily in technological development, resource utilization to boost the market position. Analysts at AMA predicts that Vendors from United States will contribute to the maximum growth of Global Sports Intimate Wears market throughout the predicted period.
Adidas (Germany), Nike (United States), Hanesbrands (United States), Pentland (United Kingdom), Under Armour (United States), Asics (Australia), Fila (South Korea), TYR Sport (United States), New Balance (United States) and Umbro (United Kingdom) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Myriad (United States), Playfiks (India) and Koral (United States).
Analyst at AMA have segmented the market study of Global Sports Intimate Wears market by Type, Application and Region.
On the basis of geography, the market of Sports Intimate Wears has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In June 2021 Nike released a statement announcing its License Agreement with Delta Galil. Under the Adidas Badge of Sport and Originals labels, Delta Galil designs manufacture, and distributes men's and women's underwear lines. The new men's and women's collections will debut in the APAC, EMEA, Europe, and Latin America areas in Spring 2022, with the women's collections, also debuting in North America. Innovative fabrics and proprietary knitting technology will be featured in the new collections, providing increased flexibility for the optimal fit.
Influencing Market Trend
- Sports Bras are Becoming Widely Popular
- Increased Awareness Regarding Health and Fitness
- The Surge in Participation of International Sports
- Rise in Preferences for Comfy, Convenient and Fashionable
- Increased Prevalence of Home Gym Due to the Current Pandemic
- Sports Wear Market have been Impacted by Covid19 as Major Sports Tournaments were Cancelled
- New Brands are Making an Impact at Both Ends of the Entire Range of Products
- Tight Sports Intimate Wear May Cause Muscle Weakness, Shoulder Pain, and Back Problems
- Innovation is necessary to maintain a competitive advantage among demanding customers
Key Target AudienceVenture and Capitalist, New Entrants/Investors, Analysts and Strategic Business Partners, Sports Clothing Suppliers, Distributors and End-Use Industries
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To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.
Frequently Asked Questions (FAQ):
1. At what growth rate would the Sports Intimate Wears market expands?
The Global Sports Intimate Wears market is expected to see a growth of % during projected year 2020 to 2026.
2. Who are the prominent players of the Global Sports Intimate Wears market?
The prominent players of Global Sports Intimate Wears market are Adidas (Germany), Nike (United States), Hanesbrands (United States), Pentland (United Kingdom), Under Armour (United States), Asics (Australia), Fila (South Korea), TYR Sport (United States), New Balance (United States) and Umbro (United Kingdom), to name a few.
3. What are the top priorities to focus for Sports Intimate Wears marketís growth?
In this highly competitive & fast evolving Sports Intimate Wears industry, the top strategic priorities would remain consistent like innovation, R&D and M&A.