Triathlon Clothing Market by Competitor Analysis, Regional Portfolio, and 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 market 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. A 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 key market players.
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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