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Research and Markets Adds Global Sports Apparel Market Report to its Offerings

Analysts predict the sports apparel market will grow at a compound annual growth rate (CAGR) of 4.32% between now and 2019, and the key vendors leading the sector are Adidas, Lululemon Athletica, Nike, Puma and Under Armour.

Dublin-based Marketing Research publisher Research and Markets has announced the addition of the “Global Sports Apparel Market 2015-2019” to its offering of proprietary reports. Sports apparel is defined as clothing worn during workouts or any physical exercise to provide comfort and style to the wearer.

The report presents the current situation, market size in revenue and the growth prospects of the global sports apparel market for men, women and children, and was prepared based on an in-depth market analysis with the help of industry experts. It covers North America, Europe, Asia-Pacific and other regions, and contains a discussion on the key vendors within the market.

An essential emerging trend in the market is the increased popularity of high-tech fabrics. There is a rising demand for advanced and comfortable sportswear worldwide, which is motivating vendors to launch new product lines of sports apparel made from advanced high-quality fabrics.

One of the key drivers in the market is the increase in disposable income levels and worldwide living standards. This global increase, particularly in developing countries like Brazil, China and India, has escalated the demand for sports apparel.

The report also sheds light on the availability of counterfeit products, one of the key challenges in the market. Counterfeits heavily threaten established brands, hurting brand image and profits.