Triathlon Clothing Market Overview and Top Company Segmentation Analysis, Forecast 2030
Triathlon Clothing Market Scope
Market Research Future (MRFR) believes that
the triathlon clothing market share shall soar at a rate of 8.21% over the appraisal
period (from 2022 to 2030). The total market size by the end of the appraisal
period is projected to be USD 2,886.9 Million, given the rising consumer
interest in different sports activities.
Market Boosters and Barriers
The triathlon clothing industry is
witnessing robust growth worldwide, with more and more consumers increasingly
participating in a variety of outdoor recreational and competitive activities
such as cycling, running, swimming, ski diving, and more. Dramatic rise in
sports and leisure activities across Europe, Asia Pacific, and North America
will have a positive impact on the worldwide market in the next several years.
A mounting number of companies are
integrating new and enhanced features in their apparels, such as moisture-wicking,
temperature regulation, wrinkle-free texture, and quick-drying properties that
should drive their demand among the consumers. Most of the companies are
focusing on technological innovations to develop high quality apparels with
impressive efficiency.
With the emerging interest in healthy
living and soaring number of fitness conscious people worldwide, the demand for
triathlon clothing is expected to mount significantly in the future.
Renowned Companies
De Soto Sport (Germany), Zoot Sports
(Hawaii), Kiwami Triathlon (Kiwami) (France), Pearl Izumi (US), TYR Sport, Inc.
(US), Louis Garneau Sports (Canada), Zone3 (UK), HUUB Design (UK), Orca (New
Zealand) are the top triathlon clothing manufacturers in the global industry.
Segmental Analysis
Major types of triathlon clothing are Tri
Shorts, Tri Tops, and Tri Suits. Tri tops will remain the leading segment in
the future, with MRFR expecting it to touch USD 305.99 million by 2030-end. Tri
tops have gained widespread popularity among consumers, mostly among runners.
Various brands are striving to capitalize on this mounting demand and are
launching advanced tri tops with breathable quality to gain a higher number of
customers.
Top applications of triathlon clothing are
women as well as men. Men is the top application-based segment in the triathlon
clothing market overview, while the women's segment could anticipate better
growth in the years to come.
Regional Outlook
With a whopping share of 39.3% in the
worldwide market, Europe will remain highly lucrative throughout the analysis
period. The substantial triathlon
clothing market size is the result of the rising introduction of breathable
apparel by major brands and the significant per capita expenditure of consumers
on clothes. Evolving consumer tastes and a surging preference for functional
triathlon clothing, the rise in outdoor activities like swimming, and cycling,
and the surge in intensive research and development activities carried out by
manufacturers all foster market growth.
North America is a notable revenue pocket
in the global triathlon clothing market share, strongly influenced by the high
adoption rate of modern technologies during manufacturing and the presence of
major end-users. Soaring demand for a variety of triathlon clothing in line
with the growth of the sports sector combined with frequent technological
advances to develop new and better products with improved features will further
benefit the North American industry.
Asia Pacific could be the
fastest-developing market, thanks to the thriving textile industry across
various countries. India, Thailand, and China are the most promising markets in
Asia Pacific, owing to the mounting number of international brands entering the
region and setting up production sites. Strong government support also adds to
the triathlon clothing market in the region.
Latest News
December 2021
Champion System Australia, a world-renowned
custom clothing manufacturing developer has added to its line of sports
apparel, introducing an improved series of custom triathlon suits for women and
men. The new triathlon suits are made of Glide fabric, which contain a blend of
polyester and spandex. These suits fit snugly while remaining comfortable. With
a breathable property that allows temperature balance, it also prevents chafing
and reduces friction.
NOTE: Our Team of Researchers are
Studying Covid19 and its Impact on Various Industry Verticals and wherever
required we will be considering Covid19 Footprints for Better Analysis of
Market and Industries. Cordially get in Touch for More Details.
Contact us:
Market Research Future (part of
Wantstats Research and Media Private Limited),
99 Hudson Street,5Th Floor, New York,
New York 10013, United States of America
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