Get ready, because the United Kingdom sportswear market is predicted to explode with some serious growth – we're talking an impressive CAGR between 2023 and 2027! What's driving this? Well, more and more people want sportswear that looks good and fits perfectly. Plus, folks are way more focused on their health these days and hitting the gym regularly, which means they need more activewear. So, that's fueling the demand.
With health issues like obesity and diabetes on the rise, everyone's thinking about fitness. Activities like swimming and yoga are becoming super popular, even with kids! All this is fantastic news for the United Kingdom sportswear market over the next five years.
And let's not forget the growing number of
sports events happening – that's just another reason why the United Kingdom sportswear market is expected to thrive.
Health Concerns Drive Market Growth
Growing instances of health issues among the young and adult population of the country drives the growth of the Untied Kingdom sportwear market in the upcoming five years. Surging cases of obesity and
Rising Disposable Income Facilitates Market Growth
As the economy gets stronger, folks are finding they have more money in their pockets. This, combined with rising monthly wages and a bigger desire to spend on things like sportswear, is really helping the United Kingdom sportswear market grow over the next five years. People are also becoming much more aware of the dangers of sitting around all day and eating unhealthy food and drinking too much. That's why they're spending more on their health. The demand for that athletic "sports fit" look is way up, and more people are setting up home gyms. All of this is driving the demand for sportswear and boosting the UK market over the next five years.
Market Segmentation
The United Kingdom sportswear market is segmented by product type, end user, distribution channel, competitional landscape, and regional distribution.
Company Profile
PUMA United Kingdom Limited, Adidas (UK) Limited, Nike (UK) Limited, Under Armour Europe B.V., BB (UK) Limited (Fila), ASICS UK, Decathlon UK, Skechers USA, Inc.
Attribute | Details |
Base Year | 2021 |
Historical Data | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million, volume in units, and CAGR for 2017-2021 and 2022-2027 |
Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
Segments covered | Product Type End User Distribution Channel |
Regional scope | England, Scotland, Wales, Northern Ireland |
Key companies profiled | PUMA United Kingdom Limited, Adidas (UK) Limited, Nike (UK) Limited, Under Armour Europe B.V., BB (UK) Limited (Fila), ASICS UK, Decathlon UK, Skechers USA, Inc. |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |