Middle East and Africa Sports Apparel Market to Perceive Notable Growth of USD 23190.43 million by 2029, at a CAGR of 4.8%, Size, Share, Trends, Demand, Growth, Market Potential and Competitive Outlook

PRESS RELEASE
Published September 26, 2023

“The  Middle East and Africa Sports Apparel Market  research report is an exemplary, pragmatic, and highly dedicated market analysis document, crafted with a deep understanding of business requirements. The data and information contained within the report are sourced from reputable outlets, including company websites, annual reports, journals, and other reliable references. These data points have undergone rigorous validation by market experts. Market data is meticulously analyzed and forecasted using well-established statistical models, providing the most up-to-date market insights and a clear focus on the marketplace. This report encompasses a wide range of topics, from market scenarios to comparative pricing among major players, as well as cost and profit analysis for specific market regions.

The Middle East and Africa Sports Apparel Market research report serves as a trusted source of data and information, offering an expansive view of current market trends, situations, opportunities, and status. Profound expertise and extensive research efforts have been invested in its creation. The report provides estimations regarding top players and brands, highlighting their activities such as developments, product launches, acquisitions, mergers, joint ventures, and competitive research within the market. A global Middle East and Africa Sports Apparel Market report delivers a comprehensive overview of product specifications, technology, product types, and production analysis, taking into account key factors like revenue, cost, and gross margin.

Data Bridge Market Research analyses that the sports apparel market was valued at USD 15937.44 million in 2021 and is expected to reach the value of USD 23190.43 million by 2029, at a CAGR of 4.8% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.

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Middle East and Africa Sports Apparel Market

Report Scope and Market Segmentation

REPORT METRIC DETAILS
Forecast Period 2022 to 2029
Base Year 2021
Historic Years 2020 (Customizable to 2014 – 2019)
Quantitative Units Revenue in USD Million, Volumes in Units, Pricing in USD
Segments Covered Material (Natural and Synthetic), Type of Print (Water Based, Silicone Emboss, Reflective Transfer, Pigment, High Density, Foil, Glitter, Cracking Ink, Discharge, All Over Print, Photo Print and Others), Gender (Men and Women), Distribution Channel (E-Commerce, Supermarket/Hypermarket, Brand Outlets, Discount Stores and Others)
Countries Covered South Africa, UAE, Egypt, Saudi Arabia, Israel and Rest of Middle East & Africa
Market Players Covered Hanesbrands Inc. (U.S.), PVH Corp (U.S.), Ralph Lauren (U.S.), Jockey (U.S.), AEO Management CO. (U.S.), Iconix Brand Group Inc. (U.S.), Penney IP LLC (U.S.), Under Armour, Inc. (U.S.), RibbedTee (U.S.), Fibre2Fashion Pvt. Ltd.(U.S.), Levi Strauss & Co.(U.S.), Perry Ellis International Inc. (U.S.), Naked Brand Group Inc. (U.S.)
Opportunities
  • The market’s leading players are constantly launching new products in order to effectively retain existing customers and efficiently target potential customers
  • Product quality, shapes, and other innovations play a significant role in attracting a consumer base
  • The increasing number of mergers and acquisitions to increase production capacity

Market Definition

Sports apparel is designed to provide a better fit, particularly when undergoing vigorous physical training or leading an active lifestyle. These are made from a variety of materials, including cotton and spandex, and have different properties depending on the type of sport or activity in which the user participates.

Drivers

  • Growing participation of physical activities around the world and prevalence of athleisure’s

The market for sports apparel is expected to grow significantly as consumers become more motivated to participate in physical activities such as yoga, aerobics, swimming, and running. The desire to keep up with the latest fashion trends while maintaining a sporty appearance is propelling the sports apparel market forward. Furthermore, the increasing participation of women in sports and fitness activities, the growing crossover between sports and fashion, and the increased presence of fashionable sports apparel are expected to drive market demand and growth.

  • Heavy promotions by manufacturers through digital platforms

The key players in the sports apparel market are leveraging the media industry and spending heavily on advertising and celebrity brand endorsements to persuade consumers to participate in sports and fitness activities. Furthermore, the collaboration of athletes with premium brands is persuading customers to purchase active wear. As a result, these innovative business strategies and marketing are expected to drive market growth.

The distribution channel is very important in distributing products and reaching the masses. As a result of their active participation in market expansion, manufacturers’ distribution channels become top priorities, necessitating the need to diversify them.

Opportunity

Manufacturers in the sports apparel market are paying more attention to design and comfort, and their innovation is creating lucrative opportunities for brands to introduce appealing and stylish sports apparels. They are focusing on key marketing strategies such as kit sponsorships, endorsements, and so on in order to remain competitive and differentiate themselves from the presence of other players in the market. As new styles and trends emerge, consumer preferences shift, resulting in product modifications. As a result, new product launches fuel the market, which is expected to expand in the coming years.

Browse Detailed Summary of Research Report with TOC: https://www.databridgemarketresearch.com/reports/middle-east-and-africa-sports-apparel-market?SR

The sports apparel market is segmented on the basis of material, type of print, gender and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type of print

  • Water Based
  • Silicone Emboss
  • Reflective Transfer
  • Pigment
  • High Density
  • Foil
  • Glitter
  • Cracking Ink
  • Discharge
  • All Over Print
  • Photo Print
  • Others

Material

  • Natural
  • Synthetic

Gender  

  • Men
  • Women

Distribution channels

  • E-Commerce
  • Supermarket/Hypermarket
  • Brand Outlets
  • Discount Stores
  • Others

Key Pointers Covered in the Middle East and Africa Sports Apparel Market Industry Trends and Forecast to 2029

  • Middle East and Africa Sports Apparel Market Size
  • Middle East and Africa Sports Apparel Market New Sales Volumes
  • Middle East and Africa Sports Apparel Market Replacement Sales Volumes
  • Middle East and Africa Sports Apparel Market By Brands
  • Middle East and Africa Sports Apparel Market Procedure Volumes
  • Middle East and Africa Sports Apparel Market Product Price Analysis
  • Middle East and Africa Sports Apparel Market Regulatory Framework and Changes
  • Middle East and Africa Sports Apparel Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Middle East and Africa Sports Apparel Market Upcoming Applications
  • Middle East and Africa Sports Apparel Market Innovators Study

Answers That the Report Acknowledges:

  • Market size and growth rate during forecast period
  • Key factors driving the Middle East and Africa Sports Apparel Market
  • Key market trends cracking up the growth of the Middle East and Africa Sports Apparel Market.
  • Challenges to market growth
  • Key vendors of Middle East and Africa Sports Apparel Market
  • Opportunities and threats faces by the existing vendors in Global Middle East and Africa Sports Apparel Market
  • Trending factors influencing the market in the geographical regions
  • Strategic initiatives focusing the leading vendors
  • PEST analysis of the market in the five major regions

 For In-Depth Competitive Analysis – Purchase this Report now at a  Complete Table of Contents @  https://www.databridgemarketresearch.com/toc/?dbmr=middle-east-and-africa-sports-apparel-market&SR

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