Global Sports Apparel Market to See Considerable Growth through 2020, Predicts Daedal Research in Its Novel Report Now Available at MarketPublishers.c21 Oct 2016 • by Natalie Aster
LONDON – From 2011 till 2015, the world’s sports apparel market showed healthy growth, registering a significant CAGR. The market is anticipated to keep on rising at tremendous CAGR during 2016-2020.
The key driving forces for the global sports apparel market, including sports intimate wear sub-sector, comprise rising popularity of exercising and fitness, increasing youth population, enhancing number of people suffering from chronic diseases, among others. Moreover, expanding athletic market in China and constantly rising potential of sports in emerging countries are also predicted to propel the world’s sports apparel market growth. However, growth in this market could be hampered by decreasing global GDP, allergies to feedstock materials and enhancing output of counterfeit sports products.
Today, the leadership in the worldwide sports apparel market belongs to two majors, namely Adidas and NIKE. HANES Brands and Under Armour are also amid the top companies active in the world’s market for sports apparel.
In-demand research study “Global Sports Apparel Market with Focus on Intimate Sportswear Market (2016-2020)” drawn up by Daedal Research provides an insightful analysis of the global sports apparel market, including insights into the intimate sportswear sector. Moreover, an in-depth analysis of the key market segments is available in the report. The research report traces light on the market dynamics, explores the major market growth drivers and challenges. Also, the key opportunities along with current and emerging market trends are thoroughly examined here. Granular future forecasts for the world’s sports apparel market up to 2020 are provided in the report. Profiles of top companies with financial information and data on business strategies are provided in this research publication.
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