Tennis apparel market in America gets $94.7 million growth | Increasing adoption of healthy lifestyles to boost growth

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adidas AG, ANTA Sports Products Ltd., ASICS Corp., Babolat Co., Fila Holdings Corp., Lotto sport Italia Spa, Nike Inc., PUMA SE, Sumitomo Rubber Industries Ltd. and Under Armor Inc. are some of the major market participants.

The growing acceptance of a healthy lifestyle offers enormous growth opportunities. However, the threat of counterfeit products will challenge the growth of the market participants. To take full advantage of the opportunities, market vendors need to focus more on the growth prospects in the high-growth segments, while maintaining their positions in the slow-growing segments.

This study identifies the expansion of the retail and online distribution landscape as one of the major reasons for the growth of the tennis apparel market in America in the coming years.

Tennis Clothing Market in America 2021-2025: Segmentation

The tennis apparel market in America is segmented as follows:

  • End User
  • Distribution channel
  • Geography
    • U.S
    • Canada
    • Brazil
    • Argentina
    • Rest of America

The market noted maximum demand for men’s tennis clothing per end user. The growth of the segment can be attributed to the increasing number of male tennis players. In addition, the growing sense of fashion among men, coupled with the rising demand for the aesthetic appeal of the clothing used in tennis, is contributing to the growth of the segment.

The offline segment ensured maximum sales of tennis clothing per distribution channel. Many suppliers operating in America are focusing on expanding their presence by increasing the number of stores. Also, a large number of individuals in the region prefer offline stores because they have a large product portfolio, can assess products more accurately and provide consumers with the required support and information.

In terms of geography, the market will see significant growth in the US during the forecast period. The increasing popularity of tennis and the continuous increase in the number of tennis players is driving the growth of the tennis apparel market in the US. Increasing financing for the construction of new tennis courts and the upgrade of existing tennis courts are also contributing to the growth of the regional market.

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Tennis Clothing Market in America 2021-2025: Supplier Analysis
We provide a detailed analysis of approximately 25 suppliers operating in the tennis apparel market in America. Our research report on the Tennis Apparel market in America, backed by competitive intelligence and benchmarking, is designed to provide entry-level support, customer profile, and M&A, as well as go-to-market strategy support.

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Tennis Clothing Market in America 2021-2025: Key Highlights

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will assist Tennis Clothing market growth in America during the next five years:
  • – Estimation of the Tennis Clothing market size in America and its contribution to the parent market
  • Predictions on emerging trends and changes in consumer behavior
  • The growth of the tennis apparel market in America
  • Analysis of the market competitive landscape and detailed information about suppliers
  • Comprehensive details of factors that will challenge the growth of tennis apparel market vendors in America:

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US tennis apparel, footwear and accessories market by forecast and analysis of end users, distribution channels and geography for 2022-2026

Tennis Clothing Market in America

Reporting coverage

Details

page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 4%

Market growth 2021-2025

USD 94.70 million

Market structure

fragmented

YoY Growth (%)

3.05

Regional analysis

USA, Canada, Brazil, Argentina and rest of America

Performing Market Contribution

US at 71%

Main consumer countries

USA, Brazil, Canada and Argentina

Competitive landscape

Leading Companies, Competitive Strategies, Consumer Engagement Range

Profiled companies

adidas AG, ANTA Sports Products Ltd., ASICS Corp., Babolat Co., Fila Holdings Corp., Lotto sport Italia Spa, Nike Inc., PUMA SE, Sumitomo Rubber Industries Ltd. and Under Armor Inc.

Market dynamics

Parent market analysis, Inductors and obstacles to market growth, Analysis of high-growth and slow-growing segments, COVID-19 impact and future consumer dynamics, analysis of market conditions for the forecast period.

Adjustment Range

If our report doesn’t provide the data you’re looking for, you can contact our analysts and have segments tailored.

About us
Technavio is a leading global technology research and consultancy company. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With more than 500 specialist analysts, Technavio’s report library consists of more than 17,000 reports and 800 technologies across 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 coverage, extensive research and actionable market insights to identify opportunities in existing and potential markets and assess their competitive position within changing market scenarios.

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