DUBLIN, March 16, 2022 /PRNewswire/ — The “Sports & Fitness Clothing – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Global Sports & Fitness Clothing Market to Reach $221.3 Billion by 2026
Amid the COVID-19 crisis, the global market for Sports & Fitness Clothing estimated at US$172 Billion in the year 2020, is projected to reach a revised size of US$221.3 Billion by 2026, growing at a CAGR of 4.4% over the analysis period. Sports Apparel, one of the segments analyzed in the report, is projected to record 4.5% CAGR and reach US$193.9 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Fitness Clothing segment is readjusted to a revised 3.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $63 Billion in 2021, While China is Forecast to Reach $27 Billion by 2026
The Sports & Fitness Clothing market in the U.S. is estimated at US$63 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$27 Billion by the year 2026 trailing a CAGR of 7.3% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 3.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.
The ongoing health and wellness trend continues to be the…
