Global Team Sports Apparel Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Team Sports Apparel Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Team Sports Apparel refers to the uniform clothing worn by the team for sports or physical exercise. For practical, comfortable or safety reasons, most sports and physical exercises wear sports-specific clothing. Typical sportswear includes Athleisure, Base-layer, Outerwear and Uniforms.

Market Overview:

The latest research study on the global Team Sports Apparel market finds that the global Team Sports Apparel market reached a value of USD 4155.36 million in 2022. It’s expected that the market will achieve USD 5844.67 million by 2028, exhibiting a CAGR of 5.85% during the forecast period.

Tight supply of raw materials

Affected by COVID-19, logistics will be suspended, and the supply of raw materials for Team Sports Apparel will be tight. Production was stagnant, the company's inventory increased, and the production of related enterprises in the severely affected areas was greatly affected. The short-term epidemic has less impact on the supply of raw materials for enterprises, mainly consuming stock materials, and the long-term epidemic will cause incalculable losses. If the epidemic develops further and logistics is always unsatisfactory, small and medium-sized Team Sports Apparel enterprises are likely to be shut down due to insufficient raw material supply, and even large enterprises will face the same problem.

Affect the normal operation of the industry

The raging COVID-19 has left the global economic environment in depression. The impact of COVID-19 on the Team Sports Apparel industry will involve all major links and all entities in the industry chain. The company's management efficiency has declined, commuting has been severely hindered, production plans have been severely hindered, network expansion has been delayed, marketing has been delayed, brand adjustments have been forced, market sales have declined, and company and employee revenue have declined. The impact on the Team Sports Apparel industry depends on the prevention and control effects of COVID-19.With the continuous increase of health awareness, the formation of the sports institute team provides development drivers for the Team Sports Apparel market. In today's world, people have more knowledge and awareness of health and wellness, which motivates them to adopt different fitness activities. This has stimulated people's interest in outdoor sports, such as Hockey, Lacrosse, and Baseball. Therefore, with the support of national governments for sports, various universities, primary and secondary schools, and other associations have an increasing demand for sports team formation, which provides a wide range of downstream application markets for Team Sports Apparel.

Optimize channel structure and improve channel efficiency.

With the development of the Internet era, companies should strengthen distributor management, deploy online e-commerce, etc., establish an integrated online and offline operation model, and capture traffic in all directions through diversified marketing. In addition to professional sports marketing, each brand actively uses diversified marketing methods. On the one hand, it adheres to traditional celebrity endorsements, advertising, large-scale events and other methods to continuously improve brand power, on the other hand, each brand keeps up with the trend of the times and deploys e-commerce and new media. And other new marketing methods.

Region Overview:

North America is projected to account for a considerable share of the Team Sports Apparel market and is expected to become the largest region by 2027.

Company Overview

Nike is one of the major players operating in the Team Sports Apparel market, holding a share of 1743% in 2022.

Nike

NIKE is the world's leading designer, marketer, and distributor of authentic athletic footwear, apparel, equipment, and accessories for a wide variety of sports and fitness activities. Operating segments for the Nike brand are: North America, Europe, Middle East and Africa, Greater China, Asia Pacific and Latin America.

Adidas

Adidas manufactures sports shoes and sports equipment. The Company produces products that include footwear, sports apparel, and golf clubs and balls.

Segmentation Overview:

The market's largest segment by application is the segment Uniforms, with a market share of 33.46% in 2021.

Athleisure

Athleisure, a type of hybrid clothing, is a fabricated style of clothing typically worn during athletic activities and in other settings, such as at the workplace, at school, or at other casual or social occasions. Athleisure outfits can include yoga pants, tights, sneakers, leggings and shorts, that look like athletic wear, characterized as fashionable, dressed up sweats and exercise clothing.

Base-layer

Base layers, also known as compressions by many, is a tight-fitting layer of clothing worn under your jersey. It is made of a wicking material which absorbs your perspiration, and this ensures that players don't carry their body weight around during the game.

Outerwear

Sports Outerwear is clothing worn outdoors, or clothing designed to be worn outside other garments, as opposed to underwear. It can be worn for formal or casual occasions, or as warm clothing during winter.

Uniforms

Uniforms have been a part of the sports world for more than a century. Everything an athlete wears is cut and styled for a specific reason. Wresters require optimum mobility whereas ice hockey players require clothing that will keep them warm in a cold ice rink. In addition, more importantly, Team Uniforms is a symbol of Identity, Unity and Equality.

Application Overview:

By application, the Offline Retail Stores segment occupied the biggest share from 2017 to 2022.

Offline Retail Stores

Offline Retail Stores refer to Sports Goods Retailers, Department Stores, Hypermarkets, and Supermarkets and other offline Retail Stores that sell Team Sports Apparel.

Online Retail Stores

Online Retail refers to the sale of goods or the provision of services through the Internet or other electronic channels to meet the needs of individuals or households. Online Retail is an e-commerce activity that targets the end customer (not the productive customer).

Key Companies in the global Team Sports Apparel market covered in Chapter 3:

CHAMPRO SportsMarucciCCMBauerNikeStringKingNew Balance, Inc. (Warrior Sports)Sher-WoodUnder ArmourWorthAmer SportsRawlingsAdidas AG

In Chapter 4 and Chapter 14.2, on the basis of types, the Team Sports Apparel market from 2018 to 2029 is primarily split into:

AthleisureBase-layerOuterwearUniforms

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Team Sports Apparel market from 2018 to 2029 covers:

Offline Retail StoresOnline Retail Stores

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)Latin America (Brazil, Mexico, Argentina)Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)