NEW YORK, United States, Oct. 04, 2022 (GLOBE NEWSWIRE) — According to Facts and Factors has revealed a brand new analysis report titled “Sports Bra Market Size, Share, Growth Analysis Report By Distribution Channel (E-Commerce, Brand Outlets, Company Website, and Offline Retail Stores), By Design (Non-Padded, and Padded), and By Region – Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028” in its analysis database.
“According to the latest research study, the demand of global Sports Bra Market size & share in terms of revenue was worth of USD 43725 Million in 2021 and it is expected to surpass around USD 95324.6 Million mark by 2028, growing at a compound annual growth rate (CAGR) of approximately 12.1% during the forecast period 2022 to 2028.”
Sports Bra Market Overview:
A sports activities bra is a ladies’s clothes product to be worn throughout sports activities actions. It has grow to be an essential a part of the modern-age world the place the feminine pressure is endeavor numerous bodily and leisure actions both for skilled causes or as part of every day routine to preserve bodily well being. Companies within the section view sports activities bras as a means of successful feminine athletes which have Millions of followers thus reaching a bigger client database. Earlier sports activities bras had been thought-about a luxurious and had been used solely by a sure part of the feminine inhabitants. However, with rising consciousness actions like describing why a sports activities bra is a necessity, firms have labored extensively to cater to the totally different calls for of end-consumer from each section.
In 2018, The Sports Bra undertaking was initiated by Sarah Dwyer-Shick, requesting manufacturers and other people to donate sports activities bras to present them to athletes who confronted boundaries in accessing the product due to a wide range of causes. The motion since then has gained lots of momentum and has reached different elements of the world like Australia. There are two varieties of sports activities bras. One that compresses breasts and the opposite that encapsulates them.
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(A free pattern of this report is on the market upon request; please contact us for extra data.)
Our Free Sample Report Consists of the Following:
- Introduction, Overview, and in-depth business evaluation are all included within the 2022 up to date report.
- The COVID-19 Pandemic Outbreak Impact Analysis is included within the bundle
- About 219+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter steerage on Request
- Updated Regional Analysis with Graphical Representation of Size, Share, and Trends for the Year 2022
- Includes Tables and figures have been up to date
- The most up-to-date model of the report consists of the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
- Facts and Factors analysis methodology
(Please be aware that the pattern of this report has been modified to embrace the COVID-19 affect examine prior to supply.)
Report Scope
| Report Attribute | Details |
| Market Size in 2021 | USD 43725 Million |
| Projected Market Size in 2028 | USD 95324.6 Million |
| CAGR Growth Rate | 12.1% CAGR |
| Base Year | 2021 |
| Forecast Years | 2022-2028 |
| Key Market Players | Jockey International Inc., Adidas AG, Nordstrom Inc., Puma SE, Columbia Sportswear, Nike Inc., and others. |
| Key Segment | By Distribution Channel, Design, and Region |
| Major Regions Covered | North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
| Purchase Options | Request personalized buy choices to meet your analysis wants. |
Global Sports Bra Market: Growth Drivers
- Rising variety of ladies in sports activities propels market demand
The world sports activities bra market is projected to develop owing to the rising integration of clothes design, manufacturing, and know-how. In the fashionable world, ladies have excessive expectations from the model and gamers current available in the market. With rising consciousness and better independence, end-consumers have began holding manufacturers accountable for the form of services and products offered to them. The new self-aware client is aware of precisely what they need for the value they pay to avail of a sure service or a product. In this case, sports activities bra producers are conscious that the customers count on a sure high quality, grade, and sort of product that caters to their particular wants. To meet the rising expectations, firms have began investing closely in deploying know-how to perceive, analysis to develop higher methods of producing, creating new materials, and utilizing quantifiable data to create merchandise that can be accepted within the world market.
Restraints
- Sizing points to limit market growth
The sizing points might limit the worldwide market growth whereas extra progress alternatives might be anticipated owing to rising funding in advertising & commercial. However, counterfeit and low-quality merchandise might create difficult conditions.
Browse the complete “Sports Bra Market Size, Share, Growth Analysis Report By Distribution Channel (E-Commerce, Brand Outlets, Company Website, and Offline Retail Stores), By Design (Non-Padded, and Padded), and By Region – Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028” Report at https://www.fnfresearch.com/sports-bra-market
Sports Bra Market: COVID-19 Impact Analysis
Covid-19 resulted in a optimistic push within the world market cap after the preliminary lockdown impositions had been slowly lifted. Many ladies had been recognized to have began some type of exercise whereas staying at dwelling as a method of taking good care of their bodily and psychological size. Once the web buy platforms opened for operation, the worldwide market began witnessing an increase in gross sales. In 2020, greater than 55 Million individuals had been forecasted to have began working towards yoga and 72% of them had been females.
Sports Bra Market: Segmentation Analysis
The world sports activities bra market is segmented based mostly on distribution design, channel, and area
Based on the design, the worldwide market is segmented into non-padded and padded. The world market witnessed a excessive adoption price for non-padded bras since padded underwear can lead to extra discomfort in case of ill-fitting. Padded bras are best when the breast utterly matches the garment, in any other case, they might lose their credibility. As per official information, round 80% of the ladies put on the improper measurement bras ensuing within the product turning into ineffective in delivering the anticipated final result.
Based on distribution channel, the worldwide market segments are e-commerce, model shops, firm web site, and offline retail shops. The highest revenue-generating section is the e-commerce part owing to the convenience of buy, availability of choices, and glorious buyer care serving to consumers from selecting the product till the ultimate supply and post-delivery care as effectively. As per a 2021 Statista report, round 21% of Nike’s gross sales in 2020 had been owed to first-party e-commerce.
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Competitive Landscape
The report additionally offers an in-depth evaluation of the market’s foremost rivals, in addition to data on their competitiveness. The analysis additionally identifies and analyses essential business methods used by these foremost market gamers, comparable to mergers and acquisitions (M&A), affiliations, collaborations, and contracts. The examine examines, amongst different issues, every firm’s world presence, rivals, service affords, and requirements. Some of the primary rivals dominating the worldwide Sports Bra market embrace –
- Jockey International Inc.
- Adidas AG
- Nordstrom Inc.
- Puma SE
- Columbia Sportswear
- Nike Inc.
Key Insights from Primary Research:
- As per the evaluation shared by our analysis analyst, the Sports Bra market is estimated to develop yearly at a CAGR of round 12.1% over the forecast interval (2022-2028).
- In Terms Of Revenue, The Sports Bra market measurement was valued at round US$ 43725 Million in 2021 and is projected to attain US$ 95324.6 Million by 2028. Due to a wide range of driving elements, the market is predicted to rise at a major price.
- Based on distribution channel segmentation, e-commerce was predicted to present most market share within the yr 2021
- Based on design segmentation, non-padded was the main finish client in 2021.
- On the premise of area, Europe was the main income generator in 2021.
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Key questions answered on this report:
- What is the market measurement and progress price forecast for Sports Bra business?
- What are the primary driving elements propelling the Sports Bra Market ahead?
- What are the main firms within the Sports Bra Industry?
- What segments does the Sports Bra Market cowl?
- How can I obtain a free copy of the Sports Bra Market pattern report and firm profiles?
Key Offerings:
- Market Size & Forecast by Revenue | 2022−2028
- Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
- Market Segmentation – An in depth evaluation by Distribution Channel, Design, and Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
Regional Analysis:
Europe is projected to lead the worldwide sports activities bra market with excessive revenues owing to excessive product consciousness and adoption price. The feminine inhabitants of European nations is understood for bodily health. Since there’s a direct optimistic relationship between bodily and psychological well being, nearly all medical practitioners suggest ladies undertake some type of common bodily exercise even when not for skilled causes. This is likely one of the main the explanation why numerous females within the EU are recognized to be accustomed to leisure actions recurrently. The regional market of North America is projected to develop owing to the exceptionally excessive finances of manufacturers for the advertising and promoting of the product. Nike is understood to continually collaborate with influential sports activities personalities, giving them the freedom to assist Nike design the product which is a superb strategic means of making model consciousness and acceptance.
Recent Developments
- In June 2022, Nike introduced the launch of recent sports activities bra know-how referred to as BooB Robot, which is claimed to change the best way sports activities bras are created.
- In January 2022, Under Armor collaborated with the University of Portsmouth and Dr. Joanna Scurr to create UA Infinity Bra.
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The world Sports Bra market is segmented as follows:
By Distribution Channel
- E-Commerce
- Brand Outlets
- Company Website
- Offline Retail Stores
By Design
By Region
- North America
- U.S.
- Canada
- Rest of North America
- Europe
- France
- UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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