What's the market for sportswear in the coming years?

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According to a report by ResearchAndMarkets, the global sportswear market is expected to grow at a compound annual growth rate (CAGR) of 6.8% from 2021 to 2026. The growth is attributed to several factors such as:


The rise in health and fitness consciousness: More people are adopting healthier lifestyles and fitness routines, which is driving the demand for activewear.


The increasing popularity of athleisure: The trend of wearing athletic clothing as everyday wear has continued to gain popularity, which has further fueled the demand for sportswear.


The growth of e-commerce: The rise of online shopping has made it easier for consumers to purchase sportswear from the comfort of their homes, which has contributed to the growth of the market.


The increasing number of women participating in sports and fitness activities: As more women engage in fitness and sports activities, the demand for women's sportswear has increased.


The increasing interest in outdoor activities: Outdoor activities such as hiking, camping, and skiing have become more popular, which has led to an increase in demand for outdoor sportswear.


Overall, the sportswear market is expected to continue growing as consumers increasingly prioritize fitness and wellness, and more people seek comfortable and functional clothing for a wide range of activities.

Created on:2023-02-18 14:38