Total revenue of the global sports apparel market from 2012 to 2024 (in billion U.S. dollars)*

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YearRevenue in billion U.S. dollars

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The timeline depicts the estimated total revenue of the global sports apparel market from 2012 to 2024. In 2017, the global sports apparel market is estimated to generate about 168 billion U.S. dollars in revenue.
Global Sports Apparel Market

The global sports and apparel industry is highly fragmented, with many brands competing, from basic discount brands to high-end fashion names. Even well-established brands have to work hard to maintain their share of the market. Consumers are demanding more versatile wear with wider functionality, which means retailers continue producing new styles of sports apparel for men and women.

The global sportswear market is highly competitive. The industry has seen many mergers and acquisitions over recent years. Key players in the industry include Reebok, Adidas, Puma and Nike.

In the years to come, more health-conscious older demographics in the US, the EU, Japan, and other developing countries across Latin America and Asia will drive demand. Women, in particular, will become increasingly present as a strong consumer demographic for the sports apparel industry. This will see companies market their products specifically to women to answer their needs. The line between sports apparel and fashion apparel will become increasingly blurred, encouraging more collaboration between the sporting and fashion industries. Some companies have already begun collaborating with fashion designers and celebrities in order to produce a new style that will appeal to the younger demographic.
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Release date
August 2017
Survey time period
2012 to 2024
Supplementary notes
* All figures are Trefis estimates. This refers to global market for sports and sports inspired apparel in terms of US dollars.

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