Vietnam Sports Apparel Market (2025-2031) | Industry, Trends, Forecast, Companies, Revenue, Growth, Value, Size, Analysis, Share & Outlook

Vietnam Sports Apparel Market Synopsis

The sports apparel market in Vietnam has been experiencing growth, driven by factors such as increasing health and fitness awareness, changing lifestyle preferences, rising disposable incomes, and the popularity of athleisure wear.

Drivers of the Market

The growing awareness of health and fitness among Vietnamese consumers has led to an increased demand for sports apparel for various physical activities. There has been a shift in lifestyle preferences, with more people adopting active and fitness-oriented lifestyles, driving the demand for sports apparel. As disposable incomes rise, consumers in Vietnam have been willing to invest in sports apparel and athleisure wear for comfort and style. The athleisure trend, where sports apparel is worn not only for exercise but also as casual wear, has gained popularity, expanding the market.

Challenges of the Market

Price sensitivity among consumers can be a challenge for sports apparel manufacturers and retailers, as customers may opt for more affordable options. Global sports apparel brands have a strong presence in the Vietnamese market, posing challenges for local and smaller players. The presence of counterfeit sports apparel in the market can affect consumer trust and the reputation of genuine brands.

key Players of the Market

The Vietnam sports apparel market includes both domestic and international players. Key players in this market could be manufacturers and retailers of various types of sports apparel, such as activewear, sportswear, and athleisure wear. Some key players may include Nike Inc., adidas AG, PUMA SE, Under Armour, Inc., Decathlon Group, and Li-Ning Company Limited, among others.

COVID-19 Impact on the Market

The COVID-19 pandemic had notable impacts on the Vietnam sports apparel market. With lockdowns and restrictions in place, there might have been disruptions in retail operations, affecting sales of non-essential items like sports apparel. However, the pandemic also led to increased interest in health and fitness activities among some consumers, which might have driven the demand for sports apparel for home workouts and outdoor exercises. Additionally, changes in consumer spending patterns during the pandemic might have influenced the purchasing decisions of consumers, impacting the sales of discretionary items like sports apparel.

Key Highlights of the Report:

• Vietnam Sports Apparel Market Outlook
• Market Size of Vietnam Sports Apparel Market, 2024
• Forecast of Vietnam Sports Apparel Market, 2031
• Historical Data and Forecast of Vietnam Sports Apparel Revenues & Volume for the Period 2021-2031
• Vietnam Sports Apparel Market Trend Evolution
• Vietnam Sports Apparel Market Drivers and Challenges
• Vietnam Sports Apparel Price Trends
• Vietnam Sports Apparel Porter's Five Forces
• Vietnam Sports Apparel Industry Life Cycle
• Historical Data and Forecast of Vietnam Sports Apparel Market Revenues & Volume By End-users for the Period 2021-2031
• Historical Data and Forecast of Vietnam Sports Apparel Market Revenues & Volume By Children for the Period 2021-2031
• Historical Data and Forecast of Vietnam Sports Apparel Market Revenues & Volume By Men for the Period 2021-2031
• Historical Data and Forecast of Vietnam Sports Apparel Market Revenues & Volume By Women for the Period 2021-2031
• Historical Data and Forecast of Vietnam Sports Apparel Market Revenues & Volume By Distribution Channel for the Period 2021-2031
• Historical Data and Forecast of Vietnam Sports Apparel Market Revenues & Volume By E-commerce for the Period 2021-2031
• Historical Data and Forecast of Vietnam Sports Apparel Market Revenues & Volume By Supermarket/Hypermarket for the Period 2021-2031
• Historical Data and Forecast of Vietnam Sports Apparel Market Revenues & Volume By Brand Outlets for the Period 2021-2031
• Historical Data and Forecast of Vietnam Sports Apparel Market Revenues & Volume By Discount Stores for the Period 2021-2031
• Vietnam Sports Apparel Import Export Trade Statistics
• Market Opportunity Assessment By End-users
• Market Opportunity Assessment By Distribution Channel
• Vietnam Sports Apparel Top Companies Market Share
• Vietnam Sports Apparel Competitive Benchmarking By Technical and Operational Parameters
• Vietnam Sports Apparel Company Profiles
• Vietnam Sports Apparel Key Strategic Recommendations