Sportwear Market to Reach US$ 239.6 Billion by 2028 According to the latest research report, the global sportswear market size reached US$ 181.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 239.6 Billion by 2028, exhibiting a growth rate (CAGR) of 4.5% during 2023-2028.
Global Sportswear Industry Trends and Drivers:
The increasing participation of individuals in sports and fitness activities, driven by the rising prevalence of work-related health issues, including stress and obesity, is primarily propelling the sportswear market. Additionally, the widespread adoption of fast-drying t-shirts and materials that can track heart rate, manage body heat, improve circulation, and more, produced using lightweight infrared emitting fabrics and energy infrared technology, is further catalyzing the global market. Moreover, the growing utilization of sportswear to protect wearers against environmental conditions during outdoor activities is serving as another significant growth-inducing factor. Further, the escalating demand for sportswear to enhance overall performance by supporting the right muscle groups during training and exercising and providing protection to sensitive muscle areas is also augmenting market growth. Apart from this, the inflating need for specialized garments, such as ski suits, swimsuits, leotards, and others, is anticipated to fuel the sportswear market over the forecasted period.
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