Functional Apparels Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Functional Apparels Market
Functional Apparels Market Size and Growth
The global functional apparels market is projected to reach $419.3 billion by 2027, with a CAGR of 6.2% during the forecast period. This growth is driven by rising health awareness, increased demand for performance-enhancing apparel, and advancements in fabric technologies. The market is highly competitive, with key players focusing on innovation and sustainability.
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Companies Covered (Covid 19 Impact Covered)
◍ Addidas
◍ Puma
◍ Nike Inc.
◍ New Balance Inc.
◍ Under Armour Inc.
◍ Asics Corporation
◍ Icebreaker
◍ Tommy Hilfiger
◍ Columbia
◍ Russell Brands LLC
◍ Polar Stuff
◍ Playboy Enterprises
◍ Thai Sock Co. Ltd.
◍ Skechers USA Inc.
The Functional Apparels Market is highly competitive with key players such as Adidas, Puma, Nike Inc., and Under Armour Inc. These companies offer a wide range of functional apparel products that cater to different sports and outdoor activities. They utilize innovative technologies, high-quality materials, and strategic marketing campaigns to attract customers and drive growth in the market.
- Adidas: $23.61 billion in sales revenue
- Nike Inc.: $37.4 billion in sales revenue
- Puma: $7.5 billion in sales revenue
- Under Armour Inc.: $5.27 billion in sales revenue
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Market Segmentation
By Application
◍ Men
◍ Women
By Product
◍ Outdoor Clothing
◍ Sportswear
◍ Innerwear
◍ Other
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Market Growth
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$ X Billion USD
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