Global Apparel Market Is Recovering Strongly

A new sports apparel market study covering 46 countries, including each fashion trend, performance development, outdoor and sports style clothing and shoes Class to Athletic Wear Industry insight raises important strategic and competitive aspects.

"The global clothing market is recovering strongly, and the sales volume in 2012 has almost reached 6%.," explains Magdalena Kondej, director of apparel research at Euromonitor.

Sportswear is one of the most dynamic clothing categories. clothing Sales grew strongly, with the largest increase in North America and the Asia Pacific region.

"Increasing interest in fitness and sports shows clearly that consumers are seeking a healthier lifestyle. We need to grasp the emerging market trend and highlight the new opportunities for sportswear manufacturers, "Kondej said.

According to Euromonitor International, in 2012, the global sporting goods market grew by more than 7.5%, breaking 244 billion dollars. The value is estimated to reach US $80 billion. The US market is by far the largest sportswear market in the world. The market value of the United States is three times that of the second Chinese sportswear market.

The four largest markets, the United States, China, Japan and Brazil, account for more than half of the total global sales in 2012.

Kondej said that the Russian sporting goods market in Ukraine and Argentina grew fastest in 2012. "In the future, Russia's sales will almost double by 2017, and it is expected to exceed all Western European countries, including Italy, Britain, France and Germany," he said.