Global Rugby Apparel Market Size By Product Type, By Distribution Channel, By Material Type, By Geographic Scope And Forecast
Published on: 2024-08-08 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Rugby Apparel Market Size By Product Type, By Distribution Channel, By Material Type, By Geographic Scope And Forecast
Rugby Apparel Market Size And Forecast
Rugby Apparel Market size was valued at USD 1.30 Billion in 2023 and is projected to reach USD 3.4 Billion by 2030, growing at a CAGR of 12.2 % during the forecast period 2024-2030.
Global Rugby Apparel Market Drivers
The market drivers for the Rugby Apparel Market can be influenced by various factors. These may include
- The Appeal of Rugby The demand for rugby clothing is mostly driven by the game’s general appeal as a sport. Rugby clothing tends to have a significant market in regions where rugby is widely popular, such as portions of Asia, Europe, Australia, New Zealand, and South Africa.
- Growing Involvement Rates The demand for rugby apparel is driven by rising amateur and professional rugby involvement rates. Specialized apparel and equipment are in greater demand as the activity becomes more popular.
- Rise of Rugby Sevens The market for rugby clothing has increased due to the increased interest in rugby sevens, a faster-paced and more spectator-friendly variation of the sport. Events featuring rugby sevens, including the Olympics and the World Rugby Sevens Series, draw sizable crowds and boost sales of team uniforms and other memorabilia.
- Sponsorships and Endorsements by Prominent Rugby Players Major garment brands sponsor rugby teams, while player endorsements drive the industry. Sales are boosted by customers’ frequent searches for merchandise signed by or worn by their favorite athletes.
- Innovations in Fabric Technology Rugby clothing that offers better performance, durability, and comfort has been developed as a result of advancements in fabric technology. Rugby clothing is more appealing to players and spectators alike when it has features like moisture-wicking textiles, ergonomic designs, and lightweight materials.
- Fashion Trends and Lifestyle Options Outside of the rugby pitch, rugby clothing has grown in popularity. As customers incorporate rugby jerseys, polo shirts, and other gear into their daily wardrobes, the market for casual wear inspired by rugby grows.
Global Rugby Apparel Market Restraints
Several factors can act as restraints or challenges for the Rugby Apparel Market. These may include
- Limited Market Size The global rugby fan base is smaller than that of other sports like basketball or soccer. Rugby apparel sales may have limited growth potential due to this small market, especially in areas where the sport is not as well-liked.
- Seasonal Demand Depending on the location and league structure, the rugby season has a significant impact on sales of rugby apparel. Demand’s seasonality can cause swings in revenue and sales volumes, which makes it difficult for producers and merchants to manage cash flow and inventory.
- High Competition There are several well-known companies and recent newcomers fighting for market share in the fiercely competitive rugby apparel industry. Price pressure, dwindling profit margins, and the requirement for ongoing innovation to maintain market leadership are all possible outcomes of fierce competition.
- Economic Factors Consumer expenditure on non-essential items like sports equipment, especially rugby merchandise, can be impacted by economic downturns, recessions, and fluctuations in disposable income. There may be a decline in demand for rugby clothing when buyers choose to spend their money on necessities during uncertain economic times.
- Limited Exposure and Awareness In comparison to more popular sports, rugby may be less well-known and understood in some areas. Reduced consumer interest and demand for rugby-related items could potentially impede the growth of the rugby apparel market due to limited exposure to the sport.
- Disruptions in the supply chain, such as production problems, delays in shipping, or shortages of raw materials, can affect the supply of rugby apparel, disrupt availability, and result in shortages of inventory or higher costs for producers and retailers.
- Regulatory Obstacles Businesses in the rugby clothing industry may find it difficult to comply with laws pertaining to product safety, labeling, and manufacturing requirements. The production and distribution processes become more complex and expensive when regulatory rules are followed.
Global Rugby Apparel Market Segmentation Analysis
The Global Rugby Apparel Market is Segmented on the basis of Product Type, Distribution Channel, Material Type, and Geography.
Rugby Apparel Market, By Product Type
- Jerseys Rugby team jerseys, including those made for amateur and professional players, fall under this category.
- Shorts Made to be as comfortable and functional as possible during games.
- Socks Premium rugby socks are made to be comfortable and supportive while playing.
- Jackets Rugby players, coaches, and supporters’ warm-up jackets or outerwear.
- Training Gear clothing, such as shirts, shorts, and trousers, made especially for rugby training sessions.
- Protective Gear Items made to keep players safe during games, such as padding, headgear, and mouthguards.
Rugby Apparel Market, By Distribution Channel
- Online Retail Rugby clothing is offered for sale on websites and e-commerce portals.
- Brick-and-Mortar Retail Clothing found in actual stores, such as department stores, rugby-specific shops, and specialty sports retailers.
- Specialty Stores Shops that cater to rugby lovers with a broad selection of products, with a focus on rugby clothes and equipment.
- Others This could include institutional sales, direct sales from manufacturers, and other avenues of distribution.
Rugby Apparel Market, By Material Type
- Synthetic Rugby clothing is composed of synthetic materials with moisture-wicking and long-lasting qualities, such as polyester, nylon, or elastane.
- Natural Breathable and comfortable clothing composed of natural fibers, such as cotton or wool.
- Blends Clothes that combine natural and synthetic fibers to maximize the advantages of each material.
Rugby Apparel Market, By Geography
- Europe Because of the prominence of well-established rugby nations like the UK, France, and Ireland, this region presently holds the biggest market share.
- North America The expansion of this market is being driven by rugby’s rising appeal in the US and Canada.
- Asia PacificDue to increased consumer disposable income and rising rugby involvement, this region is predicted to experience tremendous growth.
- Latin America This market is expanding as a result of rugby’s rising appeal in nations like Brazil and Argentina.
- Middle East & Africa Because there is less rugby played here than in other places, this region is predicted to expand moderately.
Key Players
The major players in the Rugby Apparel Market are
- Canterbury of New Zealand
- Adidas AG
- Nike Inc.
- Under Armour Inc.
- Puma SE
- Gilbert Rugby
- Kukri Sports
- Kooga Rugby
- BLK Sport
- Macron S.p.A.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
Study Period | 2020-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2020-2022 |
Unit | Value (USD Billion) |
Key Companies Profiled | Canterbury of New Zealand, Adidas AG, Nike Inc., Under Armour Inc., Puma SE, Gilbert Rugby, Kukri Sports. |
Segments Covered | By Product Type, By Distribution Channel, By Material Type, By Geography |
Customization scope | Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope. |
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post sales analyst support
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