Global Functional Apparel Market to Reach USD 692.3 Billion by 2033, Propelled by Increasing Participation in Sports-Related Activities

December 23, 2024 | Retail

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The latest report by IMARC Group, titled “Functional Apparel Market Report by Product Type (Sports Wear, Active Wear, Protective Clothing, and Others), Application (Sports Industry, Outdoor Clothing, Healthcare), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Stores, and Others), and Region 2025-2033,” finds that the global functional apparel market reached a value of USD 402.0 Billion in 2024. Functional apparel are garments designed with enhanced aesthetic, comfort, and protection functionalities. They are manufactured using various synthetic materials, such as nylon, viscose, and polyester, that possess water- and oil-resistant, anti-static, temperature-regulating, quick-drying, and performance-boosting properties. They also protect the wearer from harsh winds, chemicals, temperatures, microbes, and ultraviolet (UV) radiation. In addition, they provide enhanced breathability of fabric and stretchability, improve blood flow and reduce muscle fatigue and cramping. As a result, functional apparel is widely used to manufacture personal protective wear and medical, geotextiles, military, sports, and leisure apparel.

Global Functional Apparel Market Trends:

The market is primarily driven by the increasing participation in sports-related activities. Nowadays, individuals are adopting physically active lifestyles due to the rising health consciousness, which is escalating the demand for activewear and other functional apparel. In addition, various product innovations, such as the introduction of clothing with additional padding to improve blood circulation, maintain even pressure, and prevent infections, represent another major growth-inducing factor. Besides this, key manufacturers are also using advanced nano and microfibers that absorb sweat from the body to ensure optimal hygiene for the wearer. This, coupled with the rising expenditure capacities and rapid urbanization, especially in developing economies, are creating a favorable market outlook across the globe. Looking forward, IMARC Group expects the market to reach a value of USD 692.3 Billion by 2033, exhibiting a CAGR of 5.91% during 2025-2033.

Market Summary:

Based on the product type, the market has been categorized into sportswear, activewear, protective clothing, and others.
On the basis of the application, the market has been classified into sports industry, outdoor clothing, and healthcare.
Based on the distribution channel, the market has been segmented into supermarkets and hypermarkets, convenience stores, online stores, and others.
Region-wise, the market has been divided into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
The competitive landscape of the market has been examined in the report, with some of the key players being Adidas AG, ASICS Corporation, Columbia Sportswear Company, Gap Inc, Lululemon Athletica, Nike Inc., Puma SE (Artemis S.A), PVH Corp., Under Armour Inc and VF Corporation.

Report Scope:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion USD
Segment Coverage	Product Type, Application, Distribution Channel, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	Adidas AG, ASICS Corporation, Columbia Sportswear Company, Gap Inc, Lululemon Athletica, Nike Inc., Puma SE (Artemis S.A), PVH Corp., Under Armour Inc and VF Corporation
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Functional Apparel Market to Reach USD 692.3 Billion by 2033, Propelled by Increasing Participation in Sports-Related Activities

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