Global Functional Garments Market Growth 2023-2029

Global Functional Garments Market Growth 2023-2029

Functional Garments are Garments with integrated functions of controlling or adjusting according to its application.

LPI (LP Information)' newest research report, the “Functional Garments Industry Forecast” looks at past sales and reviews total world Functional Garments sales in 2022, providing a comprehensive analysis by region and market sector of projected Functional Garments sales for 2023 through 2029. With Functional Garments sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Functional Garments industry.

This Insight Report provides a comprehensive analysis of the global Functional Garments landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Functional Garments portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Functional Garments market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Functional Garments and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Functional Garments.

The global Functional Garments market size is projected to grow from US$ 378600 million in 2022 to US$ 588510 million in 2029; it is expected to grow at a CAGR of 588510 from 2023 to 2029.

United States market for Functional Garments is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Functional Garments is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Functional Garments is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Functional Garments players cover Addidas, Qualiance, HanesBrands, Icebreaker, Tommy Hilfiger, Nike, New Balance, Under Armour and Asics Corporation, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Functional Garments market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Outdoor Clothing
Sportswear
Footwear
Innerwear
Socks
Swimwear
Others

Segmentation by application
Men
Women

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Addidas
Qualiance
HanesBrands
Icebreaker
Tommy Hilfiger
Nike
New Balance
Under Armour
Asics Corporation
Russell Brands
Polar Stuff
Playboy Enterprises
Skechers
Puma
Calvin Klein

Key Questions Addressed in this Report

What is the 10-year outlook for the global Functional Garments market?

What factors are driving Functional Garments market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Functional Garments market opportunities vary by end market size?

How does Functional Garments break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.