May 20, 2022
Technavios Tennis Apparel, Shoes and Accessories Market report in USA by distribution channel, end-user and geographical segments

provider landscape
The market structure is expected to remain fragmented during the forecast period. The tennis apparel, shoes and accessories market vendors focus on applying different strategies such as: B. Implementing innovative and offering unique designs and quality to meet customers’ demands to compete in the market.

Some of these are adidas AG, Amer Sports Corp., ASICS Corp., Fila Holdings Corp., Lotto Sport Italia Spa, New Balance Athletics Inc., Nike Inc., PUMA SE, The Gap Inc., Under Armor Inc a few important ones among others Providers compete for their market position in the market.

Various market players are busy launching differentiated products to up their game in the tennis apparel, footwear and accessories industry. For example, The Asics Corp. Solution Speed ​​​​FF tennis shoes specially designed with advanced TWISTRUSS technology to improve speed and agility during the game. Likewise, Nike Inc. has various Nike Pro Tops, t-shirts, hoodies and sweaters and other accessories for football, basketball, golf. skateboarding and tennis.

Learn about the highlights of the market vendor landscape with a comprehensive list of vendors and their offerings.

Key Market Segmentation

  • Segmentation by product:
    • Offline:
      • The offline segment consists of hypermarkets, supermarkets and department stores, which are the most popular and preferred channels for a wide range of sports products. This is one of the key factors driving the tennis apparel, footwear and accessories market in USA during the forecast period.
      • The offline shops for sporting goods and accessories enable consumers to have a decent range under one roof. In addition, factors such as discounts and other variety of offers improve the shopping experience and encourage consumers to buy the products offline. This also allows the offline retail channels to apply competitive pricing by offering discounts.
    • On-line

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Regional Market Outlook
North America will contribute 37% to the market growth during the forecast period. This region’s growth has been driven by increased awareness of the health benefits of sport. According to the June 2020 According to data published by CDC, the incidence of obesity in the US population was 42.4% in 2017-2018. Obesity also leads to various chronic diseases that lead to premature death. Therefore, the increasing prevalence of such chronic conditions is driving fitness awareness through popular sports such as tennis. In addition, funds were made available for the construction of new tennis courts. This offers immense growth opportunities for the tennis apparel, footwear and accessories market.

Download our FREE sample report for more key regional market share highlights for most of the above countries.

Latest trends driving tennis apparel, shoes and accessories in the US market

  • Market Drivers:
    • The increase in the employed female population:

The growth of the working female population is one of the main drivers behind the growth of the US tennis apparel, shoes and accessories market as the total disposable income of the households has increased which has led to an increase in the purchasing power of the population for these products. In addition, these products are considered fashion products, and women are more fashion-conscious and focus on personal appearance. Therefore, it is estimated that the female workforce and the increase in purchasing power of these women will boost the demand for apparel, accessories and luxury goods over the forecast period.

  • Market Trends:
    • The increased awareness of the health benefits of exercise:

Due to high stress levels in the workplace, hectic office hours and the increase in health-related issues, awareness of a healthy lifestyle has grown, encouraging people to choose regular exercise to stay healthy and reduce the risks associated with chronic diseases such as obesity, heart disease, diabetes and depression. Additionally, people are turning to sports like tennis or badminton to keep fit rather than working out to reduce stress, burn excess calories and reduce the likelihood of developing such unhealthy conditions. Therefore, the tennis apparel, footwear and accessories market is expected to be positively impacted during the forecast period.

Find additional information on various other market drivers and trends mentioned in our FREE sample report.

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Market for tennis apparel, shoes and accessories in the US area

report coverage

details

page number

120

base year

2020

forecast period

2021-2025

Growth Dynamics & CAGR

Accelerate with a CAGR of 6%

Market growth 2021-2025

$173.10 million

market structure

fragmented

YoY Growth (%)

5.43

Important consumer countries

USA, Germany, China, Great Britain and Japan

competitive landscape

Leading companies, competitive strategies, levels of consumer engagement

company profiled

adidas AG, Amer Sports Corp., ASICS Corp., Fila Holdings Corp., Lotto Sport Italia Spa, New Balance Athletics Inc., Nike Inc., PUMA SE, The Gap Inc. and Under Armor Inc.

market dynamics

Stem Market Analysis, Market Growth Drivers and Obstacles, Fast Growing and Slow Growing Segment Analysis, Impact of COVID-19 and Future Consumer Dynamics, Market Condition Analysis for Forecast Period,

customization area

If our report does not contain the data you are looking for, you can contact our analysts and have segments adjusted.

about us
Technavio is a leading global technology research and consulting firm. Her research and analysis focuses on trends in emerging markets and provides actionable insights that help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies and spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s extensive reporting, extensive research and actionable market insights to identify opportunities in existing and potential markets and to assess their competitive position in changing market scenarios.

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