A report by GlobalData Plc says, the US sportswear market is expected to grow at over at 6 per cent CAGR during the forecast period of 2020-25. Titled, ‘The United States of America (USA) Sportswear Market Size and Analytics’ by category (apparel, footwear accessories), segments (gender, positioning, activity, retail channel and key brands 2020-25), the report estimates, the US sportswear market reached $126.1 billion in 2020 with sports clothing accounting for the largest share in the growth. Clothing, footwear and accessories specialists were the leading distribution channel in the US sportswear market in 2020, followed by other online retailers and online specialists. Nike led overall sportswear market in 2020 followed by adidas and Under Armour,
During the forecast period, offline purchases are expected to dominate US’s sportswear market. Women’s sports clothing segment will grow over 6 per cent by 2025. Men’s footwear sales will be dominated by trainers but shoes and boots will emerge as the fastest growing category.
By Fashionating World