Published in January 2021, a new study by Global Industry Analysts (GIA), projects 4.4 per cent CAGR growth from 2019-2026 for the global sports and fitness clothing market. The market is predicted to grow to $221.3 billion by 2026, as per a Textile Today report. The GIA report highlights North America as the biggest market for sports and fitness clothing where the US has a share of $63 billion this year. However, the Asia-Pacific is reported to top growing market led by China which is projected to grow at 7.3 per cent CAGR from 2019-2026.
In 2020, the global sports and fitness clothing market was estimated at $172 Billion. The sports clothing segment is projected to grow at a rate of 4.5 per cent to reach $193.9 billion by 2026 end while the fitness clothing segment is projected to grow at a 3.6 per cent CAGR during the period.
By Fashionating World
https://www.fashionatingworld.com/new1-2/global-sports-and-fitness-clothing-market-to-grow-by-4-4-cagr-by-2026