The global retail sports apparel market has grown rapidly over the last five years and is expected to continue that trend as it reaches approximately US $125 billion in 2017 with a CAGR of 6% over the next five years. Increase in demand for sports-style apparel and favorable demographic conditions throughout Asia are expected to b
oost the sports apparel market during the forecast period.
Lucintel, a leading global management consulting and market research firm, has analyzed the global retail sports apparel market and presents its findings in “Global Retail Sports Apparel Market Analysis 2012–2017: Market Trends, Profit, and Forecast Analysis.”
The sports apparel industry comprises various enterprises that are primarily engaged in the manufacturing and retailing of new sports apparel and accessories such as running and training apparel, golf wear, lifestyle apparel, soccer uniforms, baseball and softball apparel, as well as the clothing worn for participating in many other sports. As per the study, the sports apparel industry is fragmented, with the top five and the top 10 players accounting for approximately 21% and 25% shares respectively in 2011.
Although North America currently dominates this industry, APAC’s retail sports apparel market is expected to lead the industry. APAC is forecast to grow at the highest rate among all the regions during the six-year forecast period. The apparel industry is expected to extend its presence with rapidly growing markets, with countries such as India, Indonesia, and Vietnam providing significant potential for regional and global sporting apparel brands.
The sensitivity of the industry to seasonal conditions and frequent changes in consumer taste and preference are some of the challenges being faced by retail sports apparel industry. Among the factors that drive growth in the industry include increasing individual sports and athletic participation, changing lifestyles in emerging economies, and the continuing growth in awareness for health and fitness are likely to drive the sports apparel market.
Lucintel’s research report is a cost-effective tool that portrays the key aspects of the retail sports apparel industry, providing the reader with the most up-to-date and useful analysis of the market to support confident and timely decision making.
The report tracks four regions of the global retail sports apparel industry. The scope of this study is limited to annual trends for the past five years and forecasts for the next six years – helping executives plan for their inventory and resources. Retail sports apparel market report also includes analysis of sports lifestyle products.
This comprehensive guide from Lucintel provides readers with valuable information and the tools needed to successfully drive critical business decisions with a thorough understanding of the market’s potential. This report will save Lucintel clients hundreds of hours in personal research time on a global market and it offers significant benefits in expanding business opportunities throughout the global retail sports apparel industry. In a fast-paced ever-changing world, business leaders need every advantage available to them in a timely manner to drive change in the market and to stay ahead of their competition. This report provides business leaders with a keen advantage in this regard by making them aware of emerging trends and demand requirements on an annual basis.
To make any investment or strategic decision, you need adequate and timely information. Retail sports apparel market report
fulfills this core need. Some of the features of retail sports apparel market report are:
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Global retail sports apparel industry size estimates in terms of US dollar value by segments and by regions
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Global retail sports apparel industry annual trend (2006–2011) and forecast (2012–2017)
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Porter’s Five Forces analysis of the industry
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New product launch and merger and acquisition activity in global retail sports apparel industry
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Quarterly demand trend (Q1 2010–Q4 2011) and forecast analysis (Q1 2012–Q4 2012) for global retail sports apparel industry
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Gross and net profit trends in the global retail sports apparel industry
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Cost structure trend in the global as well as regional retail apparel industry
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More than 44 valuable figures/charts and 10 tables are provided in this report.