The global Functional Apparel market was valued at US$ 340220 million in 2019 and is expected to reach US$ 527760 million by the end of 2026, growing at a CAGR of 6.4% during 2021-2026.
Functional Apparel is the clothes that meet the specific requirement of users, the requirement of clothing can be different, depending on the activities that users perform. As such, there is a large market for any kind of functional wear from breathable running shirts to lightweight outdoor jackets. Functional clothing can be used in many areas to meet the multifaceted and complex requirements of the user. In this report, footwear is not included in functional apparel.
China is the largest consumption place, with a consumption market share nearly 28.9% In 2018. Following China, North America is the second largest consumption place with the consumption market share of 24%.
Global Functional Apparel Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Functional Apparel Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Nike, Adidas, Under Armor, Pvh Corp., Puma, Anta, Vf Corporation, Gap, Columbia Sportswear, Perry Ellis International, Lululemon Athletica, Lining, Sketchers, Asics Corporation, Hanesbrands, Amer Sports, Peak, Ralph Lauren, 361sport, Mizuno Corporation and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-functional-apparel-market-research-report
Segment by Type
- Sports Wear
- Protective Clothing
Segment by Application
- Professional Athletic
- Amateur Sport
- Outdoor Application
Table of Content:
1 Functional Apparel Market Overview
2 Functional Apparel Market Competition by Manufacturers
3 Functional Apparel Retrospective Market Scenario by Region
4 Global Functional Apparel Historic Market Analysis by Type
5 Global Functional Apparel Historic Market Analysis by Application
6 Key Companies Profiled
7 Functional Apparel Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Functional Apparel Market Dynamics
10 Global Functional Apparel Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.