Functional Apparel Market Size, Share, Key Drivers, Industry Growth and Opportunity Analysis
Data Bridge Market Research analyses that the functional apparel market was valued at USD 360.00 billion in 2021 and is expected to reach USD 797.31 billion by 2029, registering a CAGR of 10.45% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Functional apparel refers to those clothes which are worn while performing several activities. They are also likable and deliver essential protection to the wearer. These clothes may differ in design and are made using advanced fabrics to provide functionality to users, besides offering the utility of essential garments. Functional apparel meets the need of adaptability and performance. Formerly, such clothing was limited to the technology workers, military, sports sector and others.
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Scope of the Functional Apparel Market Report:
The functional apparel market is segmented on the basis of product, application, distribution channel and end-user. 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.
Product
- Sportswear
- Active Wear
- Protective Clothing
- Footwear
- Others
Application
- Professional Athletic
- Armature Athletic
- Others
Distribution Channel
- Supermarkets/Hypermarkets
- Convenience Store
- Online
End User
- Men
- Women
- Children
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Some of the major players operating in the functional apparel market are:
- V.F. Corporation (U.S.)
- Columbia Sportswear Company (U.S.)
- Adidas (Germany)
- Amer Sports (Finland)
- DESCENTE LTD (Japan)
- Decathlon Sports India Pvt Ltd (India)
- Lafuma (France)
- Group Rossignol USA, Inc. (U.S.)
- Volcom, LLC. (U.S.)
- SPYDER ACTIVE SPORTS (U.S.)
- Halti Global Store. (Finland)
- Under Armour Inc, (U.S.)
- BOGNER (U.S.)
- Trek Kit India (India)
- Tube Pro, Inc (Canada)
- Airhead Sports Group (U.S.)
- L.L. Bean Inc, (U.S.)
- Agit Global, Inc. (U.S.)
- Emsco Group (U.S.)
- Slippery Racer (U.S.)
- Gizmo Riders (U.S.)
- Zipfy Inc, (Canada)
Functional Apparel Market Regional Analysis/Insights
The Functional Apparel market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.
The countries covered in the Functional Apparel market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the high demand for fiber cement Functional Apparel within the region. Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the prominent presence of fiber cement Functional Apparel market players within the region. Moreover, the high requirement for the residential and commercial building construction also boosts the regional demand.
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