Sports Bras Market | Contrive Datum Insights

The Sports Bra Market Is Expected To Grow At A Rate Of 12.0% During The Forecast Period Of 2021 To 2028 And Is Expected To Reach USD 95,324.58 Million By 2028

Sports Bras Market Overview:

A sports bra is a clothing product that women wear while engaging in physical activity. It has become an important part of the modern world where women perform various sports and recreational activities to maintain their physical fitness either for professional reasons or as part of their daily lives. Companies in this segment see sports bras as a way to win over female athletes with millions of followers, thereby reaching a larger database of consumers. Early sports bras were considered a luxury item, worn only by a select group of women. However, with awareness campaigns such as describing why sports bras are a necessity, companies have worked extensively to meet the different needs of end consumers in various market segments.

Sports Bras market size, estimates, and forecasts are provided in terms of sales volume (K Units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Sports Bras market in detail. Regional market sizes related to products by type, by application, and by the player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.

Key Market Updates:

• In February 2022, Adidas, a German multinational company specializing in the production and sale of sportswear, footwear and accessories, launched an extensive new sports bra collection, including some 43 better and newer styles in 18 product franchises, Claimed to support women's sports or special requests for active women. For the new product, it redesigned its sports bra portfolio, the company claims.
• In September 2021, active womenswear brand Maree has teamed up with sustainable cycling apparel brand Ashmei to create a limited-edition sports bra. This product is manufactured using integrated Overband technology.

Major Segments Covered in the Global Sports Bras Market:

Market Key Players:
Nike, Adidas, HanesBrands, Lululemon Athletica, Brooks Sports, Under Armour, Lorna Jane, Decathlon, Puma, Gap, Wacoal, L Brands, Anta, Columbia Sportswear, Fast Retailing, Anita, Asics, VF, Triumph, New Balance, Cosmo Lady, Aimer, Lining., And Others.

Sports Bras Market by Types:

• Light Support, Medium Support, High Support

Sports Bras Market by Applications:

• Specialty Stores, Supermarket, E-commerce, Others

Sports Bras Market by Regions:

The report estimates revenue growth at the worldwide, regional, and country levels and delivers an analysis of the recent industry trends in each sub-segment from 2017 to 2030.

The global sports bra market is expected to be dominated by Europe in the coming years owing to the large number of women participating in physical activities ranging from jogging to swimming, cycling, and other recreational activities. Daily exercise is a very common part of everyday life for Europeans. For example, according to a Eurostat report, some 25.6 percent of respondents who exercised at least two and a half hours per week were women. Rising awareness regarding health benefits along with advent of recreational centers designed for women is expected to aid the growth of the regional market over the next few years. North America is also likely to generate high revenue owing to the presence of several international and domestic sports bra players and the increasing number of gyms and swimming centers encouraging people to engage in physical activities.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Significant Market Dynamics:

Growth Drivers:

Rising number of women in sports drives market demand

The global sports bra market is expected to grow owing to the increasing convergence of apparel design, manufacturing, and technology. In the modern world, women place high expectations on brands and players in the market. With increased awareness and increased independence, end consumers are starting to hold brands accountable for the types of products and services offered to them. The new self-aware consumer knows exactly what they want for the price they pay to get a certain service or product. In this case, sports bra manufacturers realize that consumers expect a specific quality, grade and type of product that meets their specific needs. To meet growing expectations, companies have begun investing heavily in deploying technology to understand and research to develop better manufacturing methods, develop new fabrics, and use quantifiable knowledge to create products that will be accepted by the global market.

Constraint:

Size Issues Limiting Market Expansion

Scale issues may limit the expansion of the global market, while more growth opportunities are expected due to increasing investments in marketing and advertising. However, counterfeit and low-quality products can create a difficult situation.

Report Scope of Global Sports Bras Market:

Points Covered in the Report

• The points that are discussed within the report are the major market players that are involved in the Market such as Market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
• The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analyzed 12 years of data history and forecast.
• The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.
• Data and information by market player, region, type, application and etc., and custom research can be added according to specific requirements.
• The report contains a SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

Frequently Asked Questions-

What is the CAGR of Sports Bras market?

The Sports Bras Market is growing at a CAGR of 12% During Forecast Period.

 What are the key types and applications of Sports Bras market?

- Light Support, Medium Support, High Support

- Specialty Stores, Supermarket, E-commerce, Others

Who are the key players in Sports Bras market?

Nike, Adidas, HanesBrands, Lululemon Athletica, Brooks Sports, Under Armour, Lorna Jane, Decathlon, Puma, Gap, Wacoal, L Brands, Anta, Columbia Sportswear, Fast Retailing, Anita, Asics, VF, Triumph, New Balance, Cosmo Lady, Aimer, Lining., And others.

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Note – In order to provide a more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19 and the Russia-Ukraine war.