Top 30 Companies in Sportswear Market 2025: Strategic Overview And Future Trends (2024–2035)
RELEASE DATE: Oct 2025 Author: Spherical InsightsRequest Free Sample Speak to Analyst
Description
According to a research report published by Spherical Insights & Consulting, The Global Sportswear Market Size is projected to Grow from USD 308.15 Billion in 2024 to USD 646.02 Billion by 2035, at a CAGR of 6.96% during the forecast period of 2025–2035. Rising health consciousness, increased engagement in sports and fitness activities, and the expanding trend of sportswear and athletic apparel worn in casual settings are some of the drivers propelling the global market.
Introduction
The Global Sportswear Market Size is the sector that designs, manufactures, and markets clothing, footwear, and accessories used for playing sports, exercising, and fitness, as well as some casual and lifestyle clothing with an athletic influence. It includes items like performance wear, activewear, athleisure, sports shoes, and other functional accessories that support multiple purposes of wearability, comfort, and style. The sportswear market encompasses a large customer universe of athletes, casual users, and people interested in sporty fashion, and is one of the most dynamic segments of the global apparel industry. Growing consumer health consciousness is one of the key drivers of the global sportswear market. Because more people are aware of the need to maintain a healthy lifestyle, more individuals are engaging in a range of physical activities, including yoga, running, team sports, and gym workouts. According to a World Health Organization report, there has been a significant rise in the number of people who routinely exercise over the past ten years, which has raised demand for sportswear. Not only are younger generations adopting healthier lifestyles, but older adults are also adopting exercise routines to improve their overall health.
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Sportswear Market Size & Statistics
- The Market Size for Sportswear Was Estimated to be worth USD 308.15 Billion in 2024.
- The Market Size is going to expand at a CAGR of 6.96% between 2025 and 2035.
- The Global Sportswear Size is anticipated to reach USD 646.02 Billion by 2035.
- North America is expected to generate the highest demand during the forecast period in the Sportswear Market.
- Asia Pacific is expected to grow the fastest during the forecast period in the Sportswear Market.
Regional growth and demand
North America is expected to generate the highest demand during the forecast period in the Sportswear Market. Due to the large number of participants in the community involved in sports and fitness activities, there is always a demand for apparel. The demand is also fueled by the presence of prominent sports leagues such as the NFL, NBA, and MLB, and they contribute to apparel sales. Furthermore, several of the largest companies in sportswear production and distribution (Nike and Under Armour), which create innovation and set standards for the industry, happen to be based in North America. Customer spending on quality sportswear in the region is highly influenced by trends, loyalty to brands, and health consciousness.
Asia Pacific is expected to grow the fastest during the forecast period in the Sportswear Market. Sports and fitness activities are booming in nations like China, India, and Japan because of government programs that encourage physical fitness and the rising appeal of sporting events. The demand for sportswear is being driven by the younger generation in these nations, embracing more active lifestyles. Another factor driving market expansion is the growing middle class and its rising spending power. Additionally, online buying has increased due to the widespread use of cellphones and internet connectivity, opening up sportswear to a wider market.
Top 10 Trends in the Sportswear Market
- Sustainability
- High-end Athleisure
- Innovative Sportswear
- Ethical Work Practices
- Performance-enhancing Materials
- Technological Innovations
- Customization and Personalization
- E-commerce and DTC
- Increased Health & Fitness Awareness
- Influencer and Celebrity Impact
1. Sustainability
Increased usage of sustainable materials and an emphasis on circular fashion models are a result of growing consumer demand for eco-friendly items. In order to produce high-performance textiles, brands are increasingly turning to fishing nets, recycled plastic, and other waste materials. Growing in popularity as a sustainable substitute for conventional cotton, organic cotton is produced without the use of dangerous pesticides.
2. High-end Athleisure
By combining athletic and leisurewear with fine fabrics, exquisite craftsmanship, and upscale design, luxury athleisure in sportswear enhances comfort and adaptability while fusing performance and luxury for daily wear and social situations. Sportswear companies and luxury brands are working together to produce upscale athleisure collections.
3. Innovative Sportswear
These kinds of sportswear use conductive fibers and sensors to track physiological variables, including muscle activity, body temperature, and heart rate. Smart sportswear can deliver real-time feedback to athletes during workouts, helping them maximize their performance and technique.
4. Ethical Work Practices
In order to guarantee ethical labor practices and secure working conditions, consumers are calling for transparency in manufacturing processes and supply chains. Fair pay, secure working conditions, and supply chain transparency are top priorities for brands.
5. Performance-enhancing Materials
Sportswear performance-enhancing material trends emphasize breathability, stretch, durability, sustainability, and moisture-wicking. Polyester, nylon, spandex, and recycled fibers are among the materials that are becoming more and more popular, as are antimicrobial treatments and smart fabrics.
Empower your strategic planning:
Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the Sportswear market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.
Top 20 Companies Leading the Sportswear Market
- Nike, Inc.
- Adidas AG
- LI-NING Company Limited
- Umbro Ltd.
- Puma SE, Inc.
- Fila, Inc.
- Lululemon Athletica Incorporated
- Under Armour
- Columbia Sportswear Company
- Anta Sports Products Limited, Inc.
- Yonex Co. Ltd.
- Mizuno Corporation
- Deckers Outdoor Corporation
- Brooks Sports, Inc.
- Patagonia, Inc.
- Reebok International Ltd.
- Skechers USA, Inc.
- New Balance, Inc.
- ASICS Corporation
- New Balance, Inc.
- Others
1. Nike, Inc.
Headquarters: Beaverton, Oregon, USA
Nike, the dominant force in the sportswear segment, is famed for its inventive technology and iconic insignia. The business has established industry standards with products such as Flyknit technology, Dri-FIT textile, and Air cushioning. The company fortifies its industry position by partnering with leading athletes throughout the world, and displays admirable leadership in key sports such as football, basketball, and running. Nike pursues zero carbon and zero waste with many sustainable efforts, including the Move to Zero campaign, to attract the environmentally conscious consumer.
2. Adidas AG
Headquarters: Herzogenaurach, Germany
Adidas, Nike's largest competitor, is respected in the industry, especially for its performance-oriented designs, like the Superstar and Stan Smith shoes, as well as its timeless styles that attract a varied audience, from Bon Jovi to Pharrell. Their investment in football covers the most elite teams, events, and leagues, such as the FIFA World Cup, and even spills over into fashion. With each passing year, their Primeblue and Primegreen collections, made of recovered ocean plastic waste, begin to reflect the company's commitment to sustainability. Through its partnerships with elite athletes and celebrities, they are becoming more influential within streetwear culture.
3. Puma SE, Inc.
Headquarters: Herzogenaurach, Germany
Puma, a major rival of Adidas, has built a reputation for performance footwear and bold designs. Known for apparel that plays to its strengths of speed and agility, Puma is recognized for its collaborations with leading soccer players and sprinters. The company has also made strides in sustainability with its Forever Better campaign, focusing on recyclable content and reduced water usage.
4. Under Armour
Headquarters: Baltimore, Maryland, US
In 1996, while still a young football player at the University of Maryland, Kevin Plank started Under Armour. Plank's original concept was to make moisture-absorbing undergarments that could be worn underneath shorts and sports jerseys, as the name implies. The concept quickly gained popularity and was soon being imitated by more well-known companies. Basketball, boxing, and golf are just a few of the sports for which Under Armour currently manufactures clothing and accessories.
5. Reebok International Ltd.
Headquarters: Boston, Massachusetts, USA
Now owned by Adidas, Reebok is a major force in functional fitness and CrossFit. Gym-goers particularly like its Nano and Legacy Lifter lines. Classics like the Club C and Instapump Fury have been re-released by Reebok, which also appreciates retro trends. The company's Cotton + Corn campaign emphasizes biodegradable, plant-based shoes.
Are you ready to discover more about the Sportswear market?
The report provides an in-depth analysis of the leading companies operating in the global Sportswear market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:
Company Profiles
- Nike, Inc.
- Business Overview
- Company Snapshot
- Products Overview
- Company Market Share Analysis
- Company Coverage Portfolio
- Financial Analysis
- Recent Developments
- Merger and Acquisitions
- SWOT Analysis
- Adidas AG
- LI-NING Company Limited
- Umbro Ltd.
- Puma SE, Inc.
- Fila, Inc.
- Lululemon Athletica Incorporated
- Under Armour
- Columbia Sportswear Company
- Others
Conclusion
The global sportswear market is predicted to expand rapidly, driven by rising health consciousness, fitness and athleisure trends, and the development of performance-enhancing materials and sustainable methods. With a strategic emphasis on technological innovation, celebrity partnerships, and environmentally responsible products, major competitors Nike, Adidas, Puma, and Under Armour dominate the market, while up-and-coming sporting goods firms in the Asia-Pacific area are driving the fastest growth. The sportswear market is evolving into a dynamic market of athletic performance, lifestyle, and sustainability that offers growth opportunities for both new and established competitors. This is due to the increased adoption of e-commerce, personalized offerings, and premium athleisure offerings.
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