NEW YORK, Oct. 2, 2023 /PRNewswire/ -- The reflective sportswear market is estimated to grow by USD 333.51 million from 2022 to 2027, growing at a CAGR of 4.3%. The reflective sportswear market is fragmented owing to the presence of many global and regional companies. A few prominent companies that offer reflective sportswear market are adidas AG, ASICS Corp., Columbia Sportswear Co, Hanesbrands Inc., Hey Reflecto, illumiNITE, New Balance Athletics Inc., Nike Inc., Pactimo LLC, Pentland Brands Ltd, Proviz Ltd., PUMA SE, PVH Corp., Reflective Apparel, Reflective Apparel LLC, SHEICO Group, SHIMANO INC, Sugoi, Under Armour Inc., and Vista Outdoor Inc. The report provides a full list of key companies, their strategies, and the latest developments. Download FREE Sample before buying
Company Offering:
- adidas AG - The company offers reflective sportwear through its brand-run reflective jackets.
- ASICS Corp. - The company offers reflective sportswear such as lite show jackets, and lite show shorts among others.
- Hey Reflecto - The company offers reflective sportswear which are artist-designed, handmade, ethical, and made from eco materials.
- For details on companies and their offerings – Buy the report!
By Geography, the market is classified as North America, APAC, Europe, South America, and Middle East and Africa. North America is estimated to contribute 34% to the growth of the global market during the forecast period. In North America, cycling, biking, hiking, caving, and other challenging adventure sports have increased participation rates. The North American region is a popular destination for many adventure sports activities enjoyed by both tourists and locals. Night caving and mountain biking are the most popular adventure sports in the region. McMinnville, Tennessee, US, is a popular location for nighttime caving. It has more than 32 miles of underground tunnels with different rock formations, waterfalls, and lakes. Thus, such factors are expected to propel the growth of the market during the forecast period. Download a FREE sample report to get more insights on the market share of various regions and the contribution of the segments.
- Impactful driver- Improved marketing strategies by key competitors
- Key Trend - Better use of raw materials and technology in manufacturing reflective sportswear
- Major Challenges - Increased availability of counterfeit products
Market Segmentation
- By Product, the market is classified into apparels, footwear, and others. The market share growth by the apparels segment will be significant during the forecast period.
Technavio Research experts have provided more insights on the market share of segments - View a FREE Sample Report
FAQS
- How do the major trends impact the market?
- How big is the North America market?
- How do the key drivers and challenges impact the market?
Related Reports:
The sports apparel market size is estimated to grow at a CAGR of 6.82% between 2022 and 2027. The market size is forecast to increase by USD 75.6 billion. Furthermore, this sports apparel market report extensively covers market segmentation by distribution channel (offline and online), end-user (men, women, and children), and geography (North America, Europe, APAC, South America, and Middle East and Africa). One of the key factors driving the market growth is product premiumization due to the introduction of more innovative sports apparel.
The football apparel market is estimated to grow at a CAGR of 5.37% between 2022 and 2027. The size of the market is forecast to increase by USD 3,067.84 million. Furthermore, this report extensively covers market segmentation by application (professional player and amateur player), product (football shirts, football pants and shorts, and others), and geography (Europe, APAC, South America, North America, and Middle East and Africa). The demand for popular player jerseys is a major factor driving the football sportswear market growth
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Company Landscape
12 Company Analysis
13 Appendix
About US
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact US:
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com
SOURCE Technavio
Share this article