United Kingdom sportswear market is anticipated to register growth with an impressive CAGR in the forecast period, 2023-2027. The market growth can be attributed to growing demand from the population for fashionable and perfect fitting sportwear. Rising number of population highly concerned about their health and are involved in regular workouts further enhance the demands for sportswear and thus drive the growth of the United Kingdom sportswear market in the upcoming five years. With increasing instances of obesity, diabetes, etc. the consumers are highly concerned for their fitness. Physical activities like swimming, yoga, etc. are gaining popularity even among the kids population that would further support the growth of the United Kingdom sportswear market in the next five years. Increasing instances of sports events in the country also fuels the growth of the United Kingdom sportswear market in the future five years.
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
Growing economy guarantees higher disposable incomes among the population. With growth in the monthly wages, and growing inclination among the population to invest in various commodities such as sportswear, facilitates the growth of the United Kingdom sportswear market in the upcoming five years. The population is getting highly aware of the repercussions of sedentary lifestyles and consumption of junk food, alcohol, etc. that has led the population to spend over their health too. Surge in the demand for the sports fit, and growing adaptions of home gym equipment, the demands for the sportwear are also increasing and supporting the growth of the United Kingdom sportswear market in the future 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. |
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