The North America Sports Apparel Market would witness market growth of 5.5% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 1,060.7 million units, showcasing a growth of 6.0% (2019-2022).
Personalization and customization have emerged as significant trends, allowing consumers to tailor their sports apparel to their unique preferences. From customizable sneakers to personalized team jerseys, brands are leveraging technology to offer unique, one-of-a-kind products. This trend aligns with the broader consumer desire for individuality and self-expression in clothing choices. Smart textiles, embedded sensors, and wearable technology converge with performance wear, providing users with real-time data on their athletic performance and health metrics.
The inclusivity movement is influencing sports apparel brands' design and marketing strategies. Recognizing consumers' diverse body types and athletic abilities, brands are expanding size ranges, featuring a more diverse range of models in their campaigns, and promoting body-positive messages. Inclusive sizing and marketing reflect a more realistic portrayal of consumers and contribute to a broader sense of accessibility and representation in the market.
Canadians are increasingly recognizing the importance of maintaining a healthy lifestyle. The awareness of the benefits associated with regular physical activity, including improved cardiovascular health, weight management, and mental well-being, has led to a surge in fitness initiatives. The Government of Canada actively promotes health and wellness through various programs and initiatives. The National Health and Fitness Day Act aims to make Canada “the fittest national in the world,” starting with one day celebrating Canadians getting outside and active in any way they wish. Therefore, the rising sports involvement and fitness initiatives in North America will increase the demand for sports apparel in the region.
The US market dominated the North America Sports Apparel Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $61,863.3 Million by 2030. The Canada market is experiencing a CAGR of 7.9% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 7% during (2023 - 2030).
Based on Distribution Channel, the market is segmented into Discount Stores, Brand Outlets, Supermarket/Hypermarket, and E-Commerce. Based on End User, the market is segmented into Men, Women, and Children. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Sports Apparel Market is Predict to reach $313.8 Billion by 2030, at a CAGR of 5.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Under Armour, Inc., Adidas AG, Nike, Inc., PUMA SE (Groupe Artémis S.A.), Ralph Lauren Corporation, FILA Holdings Corporation, Lululemon Athletica, Inc., New Balance Athletics, Inc., Columbia Sportswear Company and ASICS Corporation.
By Distribution Channel (Volume, Million Units, USD Billion, 2019-2030)
By End-user (Volume, Million Units, USD Billion, 2019-2030)
By Country (Volume, Million Units, USD Billion, 2019-2030)
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