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Middle East and Africa Sports Apparel Market is Anticipated to Grow at a CAGR of 4.8%

Submitted by bondjoe on Fri, 03/24/2023 - 04:04

The Middle East And Africa Sports Apparel Market which had a value of USD 15937.44 million in 2021, is anticipated to grow at a CAGR of 4.8% from 2021 to 2029 to reach a value of USD 23190.43 million. The market report created 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 in addition to market insights like market value, growth rate, market segments, geographical coverage, market players, and market scenario.

Consumer interest has been piqued by the availability of sports apparel with enhanced qualities like moisture management, temperature control, and other performance-enhancing features that prevent discomfort and potential injury, who have been observed to be willing to pay more for such added benefits. Sports clothing is made to fit better, especially while engaging in strenuous exercise or maintaining an active lifestyle. Depending on the sport or activity the wearer engages in, they are produced from a range of materials, including cotton and spandex, and have various qualities.

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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.

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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.

COVID-19 Impact on Sports Apparel Market

Rising health and self-consciousness, as well as a desire to live an active lifestyle and appear fit, are motivating consumers to incorporate sports and fitness activities into their daily routine. Consumer interest in outdoor individual sports participation increased dramatically as a result of the impact of COVID-19. This increased participation has resulted in a shift in market dynamics, increasing demand for sports apparel.

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Middle East and Africa Sports Apparel Market Scope

Type of print

Water Based
Silicone Emboss
Reflective Transfer
Pigment
Photo Print
Others
Material

Natural
Synthetic