Outdoor Sports Apparel Market By Product Type (Top Wear, Bottom Wear, Others) , By End User (Men, Women, Kids) By Distribution Channel (Retail Stores, Supermarkets, Brand Outlets, Discount Stores, Online Sales Channel) : Global Opportunity Analysis and Industry Forecast, 2024-2034
Outdoor Sports Apparel Market
The outdoor sports apparel market was valued at $14.7 billion in 2023 and is projected to reach $30.7 billion by 2034, growing at a CAGR of 7.1% from 2024 to 2034.
Outdoor sports apparel is a category of clothing especially designed for outdoor activities such as climbing, hiking, trekking, running, and adventure sports. The apparel is designed to offer comfort to individuals, enhance their performance, and ensure safety. The key characteristics of outdoor sports apparel include breathability, adjustable elements, reflective strips, and sufficient storage.
Increase in the popularity of certain outdoor activities, including trekking, camping, and biking is a significant driver of the outdoor sports apparel market. In addition, the market growth is augmented by innovations in fabric technology such as waterproofing and moisture-wicking. Moreover, rise in the popularity of e-commerce has enhanced the accessibility of sports apparel, propelling the growth of the market. In coming years, the trend of smart apparel is anticipated to dominate the sports industry. Smart sportwear is expected to play a crucial role in saving human lives by keeping track of vitals such as heartbeat, body temperature, and location of user via integrated sensors.
However, the cost of outdoor sports apparel remains considerably high due to its durability and high-quality material, deterring several budget-sensitive consumers from purchasing. Hence, high costs restrain the development of the market. Furthermore, stringent competition from fast fashion brands offering contemporary designs in sports apparel at low prices hampers the growth of the outdoor sports apparel market. On the contrary, surge in inclination of consumers toward sustainable clothing is anticipated to present lucrative opportunities for the market. Businesses are continuously striving to integrate sustainable practices and eco-friendly materials into the creation of their clothing line. For instance, sportswear giant, Adidas has targeted to achieve certain sustainability goals by 2025. The brand aims 9 out of its 10 articles to be environment-friendly by 2025. Furthermore, it is continuously working to achieve climate neutrality by eliminating its greenhouse gas emissions. Such environmental goals by businesses are poised to attract the environmentally inclined consumer base, thereby opening new avenues for the outdoor sports apparel market.
Segment ReviewThe outdoor sports apparel market is segmented into product type, end user, distribution channel, and region. On the basis of product type, the market is divided into top wear, bottom wear, and others. By end user, it is classified into men, women, and kids. Depending on distribution channel, it is categorized into retail stores, supermarkets, brand outlets, discount stores, and online sales channel. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key FindingsOn the basis of product type, the top wear segment held a high market share in 2023.
By end user, the men segment dominated the market in 2023.Depending on distribution channel, the discount stores segment acquired a high stake in the market in 2023.
Region wise, North America was the highest revenue generator in 2023.
Competition AnalysisThe major players of the global outdoor sports apparel market include Adidas AG, Columbia Sportswear Company, Cotswold Outdoor, Lululemon Athletica Inc., Mizuno Corporation, Nike Inc., Patagonia Inc., Puma SE, Under Armour Inc., and VF Corporation. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships, to strengthen their foothold in the competitive market.
Key Market SegmentsBy Product TypeTop Wear
Bottom Wear
Others
By End UserMen
Women
Kids
By Distribution ChannelRetail Stores
Supermarkets
Brand Outlets
Discount Stores
Online Sales Channel
By RegionNorth America
U.S.
Canada
Mexico
Europe
France
Germany
Italy
Spain
UK
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Thailand
Malaysia
Indonesia
Rest of Asia-Pacific
LAMEA
Brazil
South Africa
Saudi Arabia
UAE
Argentina
Rest of LAMEA
Key Market PlayersAdidas AG
Columbia Sportswear Company
cotswold outdoor
Lululemon Athletica Inc.
Mizuno Corporation
Nike Inc.
Patagonia Inc.
Puma SE
Under Armour Inc.
VF Corporation