How big is the Market for Sportswear | Industry Size & Growth Opportunities 2025

Q: What is the current size of the sportswear market?

It was valued at USD 310 Billion in 2024 and is expected to reach USD 460 Billion by 2031.

Q: What is the CAGR of the sportswear market?

The sportswear market is projected to grow at a CAGR of 6.30% from 2025 to 2031.

Q: What drives growth in the sportswear market?

Rising fitness trends, fashion-forward activewear, and innovation in performance materials.

Q: What are the key product categories in the sportswear market?

Apparel, footwear, accessories, and specialty wear for different sports.

Q: Which region leads the sportswear market?

North America leads, while Asia-Pacific shows strong growth due to rising fitness awareness.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

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Code: MTA7525

Publication Date: Aug 2025

How big is the sportswear market?

According to 6Wresearch internal database and industry insights, the Global Sportswear Market was valued at USD 310 Billion in 2024 and is expected to reach USD 460 Billion by 2031, growing at a compound annual growth rate of 6.30% during the forecast period (2025-2031).

The growth is driven by rising health and fitness consciousness, increasing athleisure adoption, and continuous product innovations in materials, design, and sustainability.

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Key Growth Drivers of the Sportswear Market

Rising involvement in sports, fitness, wellness activity
A boom in clothing needs that are on trend, comfortable, and versatile
Development of athleisure as a powerful trend in the fashion world
Moisture-wicking, stretchable, breathable fabric technology
Increasing e-commerce and digital-first sportswear penetration

Sportswear Market Trends

Sportswear market is witnessing trends such as growing demand for eco-friendly and recycled fabrics in apparel and footwear. Athleisure continues to dominate both active and casual wear segments. Collaborations between sports brands and celebrities or designers are increasing. Smart clothing with sensors for performance tracking is emerging. Inclusivity in sizing and gender-neutral collections are shaping brand offerings.

Emerging Developments in the Sportswear Market

Sportswear market has emerging developments including innovations in bio-based performance fabrics and biodegradable sportswear. Major players are enhancing D2C channels through AI-driven personalization. Augmented reality tools are being used for virtual try-ons and immersive shopping. Startups are entering with niche performance wear targeting specific sports. Circular fashion models and buy-back programs are gaining traction for sustainability.

List of Leading Companies in the Sportswear Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Nike, Inc.

Company Name	Nike, Inc.
Established Year	1964
Headquarters	Oregon, USA
Official Website	Click Here

Nike dominates the sportswear market with innovative athletic apparel, global endorsements, and a strong digital ecosystem across fitness and lifestyle segments.

2. Adidas AG

Company Name	Adidas AG
Established Year	1949
Headquarters	Herzogenaurach, Germany
Official Website	Click Here

Adidas offers versatile performance wear and athleisure, integrating sustainability and style with collaborations and high-tech fabric advancements.

3. Puma SE

Company Name	Puma SE
Established Year	1948
Headquarters	Herzogenaurach, Germany
Official Website	Click Here

Puma delivers stylish, functional sportswear for men and women, merging streetwear trends with athletic performance in global urban and sport markets.

4. Under Armour, Inc.

Company Name	Under Armour, Inc.
Established Year	1996
Headquarters	Maryland, USA
Official Website	Click Here

Under Armour focuses on performance-driven athletic apparel using moisture-wicking and compression technologies tailored for athletes and gym-goers.

5. ASICS Corporation

Company Name	ASICS Corporation
Established Year	1949
Headquarters	Kobe, Japan
Official Website	Click Here

ASICS provides specialized sportswear for runners and athletes, emphasizing performance, technical fabrics, and anatomical design in its product lineup.

6. Lululemon Athletica Inc.

Company Name	Lululemon Athletica Inc.
Established Year	1998
Headquarters	Vancouver, Canada
Official Website	*Click Here*

Lululemon is a leader in premium activewear, particularly for yoga and fitness, known for its comfortable materials, innovative fits, and wellness branding.

7. Anta Sports Products Limited

Company Name	Anta Sports Products Limited
Established Year	1991
Headquarters	Fujian, China
Official Website	*Click Here*

Anta is a top Chinese sportswear brand expanding globally with athletic wear and footwear lines backed by sports sponsorships and strategic acquisitions.

8. Columbia Sportswear Company

Company Name	Columbia Sportswear Company
Established Year	1938
Headquarters	Oregon, USA
Official Website	*Click Here*

Columbia specializes in outdoor sportswear, integrating weather-resistant technology and ergonomic designs for hiking, skiing, and rugged activities.

9. VF Corporation

Company Name	VF Corporation
Established Year	1899
Headquarters	Colorado, USA
Official Website	*Click Here*

VF Corporation owns major activewear brands like The North Face and Vans, offering high-quality sportswear and lifestyle products across global markets.

10. Decathlon S.A.

Company Name	Decathlon S.A.
Established Year	1976
Headquarters	Villeneuve-d'Ascq, France
Official Website	*Click Here*

Decathlon operates globally with a unique model of affordable, in-house branded sportswear catering to beginners and enthusiasts across multiple sports.