Global Indoor Sportswear and Fitness Apparel Market Size, Share and Trends Analysis Report, By Type (Sportwear and Fitness Apparel), By Application (Professional and Amateur), By Distribution Channel (Specialty Stores, Supermarkets/Hypermarkets, Online Retail Stores, and Others), By End-Use (Men, Women, and Children), Forecast (2022-2028)
The global indoor sportswear and fitness apparel market is anticipated to grow at a CAGR of 5.0% during the forecast period (2022-2028). The major factor expected to drive the market growth is the rising health consciousness, the desire to lead active lifestyles and to appear fit. In addition, after the COVID-19 pandemic, indoor fitness activities rise globally among the people to prevent themselves from the infection. Furthermore, the growing awareness among consumers regarding the benefits of indoor exercise for health and wellbeing, a rise in the number of indoor sports facilities, an increase in participation, particularly among women, in several indoor sports and fitness activities, and huge improvements in the functionality and comfort of garments designed for indoor exercise are further propelling the growth of the global indoor sportswear and fitness apparel market during the forecast period.
Some major players in the market include Adidas AG, Nike, Inc., and Under Armour, Inc., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, in September 2021, Puma SE announced the launch of the Royal Challenger Bangalore (RCB) athleisure range as part of its three-year strategic partnership deal the company signed with the franchise in March 2021. Further, in September 2021, Eastbay and Champs Sports, a part of Eastbay Inc. introduced a new apparel line such as Eastbay Performance that includes compression products including tops, tanks, and tights, tees, jackets, and shorts for training and fleece pants and hoodies casual wear. Further, in October 2020, Kappa entered into a collaboration to launch Kappa’s new K-Spirit e-sports apparel collection at the Tencent Global E-Sports Arena (TGA).
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- By Distribution Channel
- By End-Use
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Adidas AG, Nike, Inc., and Under Armour, Inc., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Indoor Sportswear and Fitness Apparel Market Report by Segment
By Type
- Sportwear
- Fitness Apparel
By Application
- Professional
- Amateur
By Distribution Channel
- Specialty Stores
- Supermarkets/Hypermarkets
- Online Retail Stores
- Other Distribution Channels
By End Use
- Men
- Women
- Children
Global Indoor Sportswear and Fitness Apparel Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
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