Americas Tennis apparel market is to grow by USD 82.08 million between 2022 and 2027; Growth driven by increasing awareness about the health benefits of sports and the growing adoption of a healthy lifestyle – Technavio

admin 0 Comments March 18, 2023

NEW YORK, March 17, 2023 The tennis apparel market in Americas is estimated to grow by USD 82.08 million between 2022 and 2027, accelerating at a CAGR of 3.7% during the forecast period. The growth of the market is driven by the increasing awareness about the health benefits of sports and the growing adoption of a healthy lifestyle. The prevalence of various health issues is increasing among the urban population due to hectic work schedules and a rise in stress levels. This coupled with growing health consciousness has encouraged many people to adopt active lifestyles by involving themselves in sports activities. A large population is increasing the adoption of various sports activities, including tennis to stay fit. This is driving the sales of tennis apparel in the Americas. For more insights on the historic data (2017 to 2021) and forecast market size (2023 to 2027) – Request a sample report

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Tennis Apparel Market in Americas – Segmentation Assessment

Segment Overview

Technavio has segmented the market based on distribution channel (offline and online) and end-user (men, women, and children).

The market growth in the offline distribution channel segment will be significant during the forecast period. The segment includes revenue generated from brick-and-mortar structures such as dealer stores and retail stores. Many vendors in the market are expanding the number of dealer stores across the Americas. In addition, the increasing number of departmental stores, hypermarkets, and supermarkets that offer various sporting apparel is driving the growth of the segment.

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Tennis Apparel Market in Americas – Market Dynamics

Leading trend influencing growth

The emergence of blockchain technology in the apparel industry is identified as the major trend in the market.
In the blockchain technology, each block of information such as the date, location, time, company, and other information is interconnected with complex mathematical and technical features.
The growing treat of counterfeit products has forced vendors to integrate blockchain technology into their supply chain.
For instance, Nike has developed its patented blockchain-compatible shoes named Cryptokicks. The shoes have been given unique ID code that uses blockchain technology to cryptographically save various information, including the owner, transaction history, and the proof of authenticity.
This trend among vendors will positively influence the growth of the market during the forecast period.

Major challenge hindering market growth

Poor infrastructure for tennis is one of the major challenges affecting market growth.
The expenditure on development programs for the sports industry, especially tennis, is lower in South American countries when compared with other regions.
Developed countries such as Canada also lack proper infrastructure to support the growth of the sport.
The lack of support for some of the sports such as tennis have reduced the scope for vendors to grow and thrive.
All these factors are reducing the growth potential in the market.

Insights on market drivers, trends, & challenges, historic period (2017 to 2021) and forecast period (2023 to 2027) – Request a sample report!

What are the key data covered in this tennis apparel market in Americas report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the tennis apparel market in Americas between 2023 and 2027
Precise estimation of the size of the tennis apparel market in Americas and its contribution to the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the tennis apparel market across Americas
A thorough analysis of the market’s competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of tennis apparel market vendors in Americas

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Tennis Apparel Market Scope in Americas
Report Coverage	Details
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 3.7%
Market growth 2023-2027	USD 82.08 million
Market structure	Fragmented
YoY growth 2022-2023 (%)	3.64
Key countries	US, Canada, Brazil, Argentina, and Rest of Americas, Canada, Mexico, Italy,Spain, India, Japan, Australia, and South Korea
Competitive landscape	Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	adidas AG, ANTA Sports Products Ltd., ASICS Corp., Babolat, Bjorn Borg AB, BloqUV, FILA Holdings Corp., Jofit LLC, Loriet LLC, Lotto sport Italia Spa, Mizuno Corp., New Balance Athletics Inc., Nike Inc., PUMA SE, Serigo Tacchini Operations Inc., Solinco Sports, Sumitomo Rubber Industries Ltd., Under Armour Inc., Uniqlo Co. Ltd., and Yonex Co. Ltd.
Market dynamics	Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse through Technavio’s Consumer Discretionary Market Reports

Table of contents:

1 Executive Summary

1.1 Market overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Country Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
Exhibit 07: Executive Summary – Chart on Incremental Growth
Exhibit 08: Executive Summary – Data Table on Incremental Growth
Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 13: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027

Exhibit 14: Chart on Americas – Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Regional – Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Americas: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Regional – Market size and forecast 2022-2027 ($ million)

4 Historic Market Size

4.1 Tennis apparel market in Americas 2017 – 2021

Exhibit 18: Historic Market Size – Data Table on Tennis apparel market in Americas 2017 – 2021 ($ million)

4.2 Disribution channel Segment Analysis 2017 – 2021

Exhibit 19: Historic Market Size – Disribution channel Segment 2017 – 2021 ($ million)

4.3 End-user Segment Analysis 2017 – 2021

Exhibit 20: Historic Market Size – End-user Segment 2017 – 2021 ($ million)

4.4 Countries Segment Analysis 2017 – 2021

Exhibit 21: Historic Market Size – Countries Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary

Exhibit 22: Five forces analysis – Comparison between 2022 and 2027

5.2 Bargaining power of buyers

Exhibit 23: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers

Exhibit 24: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants

Exhibit 25: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes

Exhibit 26: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry

Exhibit 27: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition

Exhibit 28: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Distribution Channel

6.1 Market segments

Exhibit 29: Chart on Distribution Channel – Market share 2022-2027 (%)
Exhibit 30: Data Table on Distribution Channel – Market share 2022-2027 (%)

6.2 Comparison by Distribution Channel

Exhibit 31: Chart on Comparison by Distribution Channel
Exhibit 32: Data Table on Comparison by Distribution Channel

6.3 Offline – Market size and forecast 2022-2027

Exhibit 33: Chart on Offline – Market size and forecast 2022-2027 ($ million)
Exhibit 34: Data Table on Offline – Market size and forecast 2022-2027 ($ million)
Exhibit 35: Chart on Offline – Year-over-year growth 2022-2027 (%)
Exhibit 36: Data Table on Offline – Year-over-year growth 2022-2027 (%)

6.4 Online – Market size and forecast 2022-2027

Exhibit 37: Chart on Online – Market size and forecast 2022-2027 ($ million)
Exhibit 38: Data Table on Online – Market size and forecast 2022-2027 ($ million)
Exhibit 39: Chart on Online – Year-over-year growth 2022-2027 (%)
Exhibit 40: Data Table on Online – Year-over-year growth 2022-2027 (%)

6.5 Market opportunity by Distribution Channel

Exhibit 41: Market opportunity by Distribution Channel ($ million)

7 Market Segmentation by End-user

7.1 Market segments

Exhibit 42: Chart on End-user – Market share 2022-2027 (%)
Exhibit 43: Data Table on End-user – Market share 2022-2027 (%)

7.2 Comparison by End-user

Exhibit 44: Chart on Comparison by End-user
Exhibit 45: Data Table on Comparison by End-user

7.3 Men – Market size and forecast 2022-2027

Exhibit 46: Chart on Men – Market size and forecast 2022-2027 ($ million)
Exhibit 47: Data Table on Men – Market size and forecast 2022-2027 ($ million)
Exhibit 48: Chart on Men – Year-over-year growth 2022-2027 (%)
Exhibit 49: Data Table on Men – Year-over-year growth 2022-2027 (%)

7.4 Women – Market size and forecast 2022-2027

Exhibit 50: Chart on Women – Market size and forecast 2022-2027 ($ million)
Exhibit 51: Data Table on Women – Market size and forecast 2022-2027 ($ million)
Exhibit 52: Chart on Women – Year-over-year growth 2022-2027 (%)
Exhibit 53: Data Table on Women – Year-over-year growth 2022-2027 (%)

7.5 Children – Market size and forecast 2022-2027

Exhibit 54: Chart on Children – Market size and forecast 2022-2027 ($ million)
Exhibit 55: Data Table on Children – Market size and forecast 2022-2027 ($ million)
Exhibit 56: Chart on Children – Year-over-year growth 2022-2027 (%)
Exhibit 57: Data Table on Children – Year-over-year growth 2022-2027 (%)

7.6 Market opportunity by End-user

Exhibit 58: Market opportunity by End-user ($ million)

8 Customer Landscape

8.1 Customer landscape overview

Exhibit 59: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation

Exhibit 60: Chart on Market share by geography – 2022-2027 (%)
Exhibit 61: Data Table on Market share by geography – 2022-2027 (%)

9.2 Geographic comparison

Exhibit 62: Chart on Geographic comparison
Exhibit 63: Data Table on Geographic comparison

9.3 US – Market size and forecast 2022-2027

Exhibit 64: Chart on US – Market size and forecast 2022-2027 ($ million)
Exhibit 65: Data Table on US – Market size and forecast 2022-2027 ($ million)
Exhibit 66: Chart on US – Year-over-year growth 2022-2027 (%)
Exhibit 67: Data Table on US – Year-over-year growth 2022-2027 (%)

9.4 Canada – Market size and forecast 2022-2027

Exhibit 68: Chart on Canada – Market size and forecast 2022-2027 ($ million)
Exhibit 69: Data Table on Canada – Market size and forecast 2022-2027 ($ million)
Exhibit 70: Chart on Canada – Year-over-year growth 2022-2027 (%)
Exhibit 71: Data Table on Canada – Year-over-year growth 2022-2027 (%)

9.5 Brazil – Market size and forecast 2022-2027

Exhibit 72: Chart on Brazil – Market size and forecast 2022-2027 ($ million)
Exhibit 73: Data Table on Brazil – Market size and forecast 2022-2027 ($ million)
Exhibit 74: Chart on Brazil – Year-over-year growth 2022-2027 (%)
Exhibit 75: Data Table on Brazil – Year-over-year growth 2022-2027 (%)

9.6 Argentina – Market size and forecast 2022-2027

Exhibit 76: Chart on Argentina – Market size and forecast 2022-2027 ($ million)
Exhibit 77: Data Table on Argentina – Market size and forecast 2022-2027 ($ million)
Exhibit 78: Chart on Argentina – Year-over-year growth 2022-2027 (%)
Exhibit 79: Data Table on Argentina – Year-over-year growth 2022-2027 (%)

9.7 Rest of Americas – Market size and forecast 2022-2027

Exhibit 80: Chart on Rest of Americas – Market size and forecast 2022-2027 ($ million)
Exhibit 81: Data Table on Rest of Americas – Market size and forecast 2022-2027 ($ million)
Exhibit 82: Chart on Rest of Americas – Year-over-year growth 2022-2027 (%)
Exhibit 83: Data Table on Rest of Americas – Year-over-year growth 2022-2027 (%)

9.8 Market opportunity by geography

Exhibit 84: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges

Exhibit 85: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape

Exhibit 86: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption

Exhibit 87: Overview on factors of disruption

11.4 Industry risks

Exhibit 88: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered

Exhibit 89: Vendors covered

12.2 Market positioning of vendors

Exhibit 90: Matrix on vendor position and classification

12.3 adidas AG

Exhibit 91: adidas AG – Overview
Exhibit 92: adidas AG – Business segments
Exhibit 93: adidas AG – Key news
Exhibit 94: adidas AG – Key offerings
Exhibit 95: adidas AG – Segment focus

12.4 ANTA Sports Products Ltd.

Exhibit 96: ANTA Sports Products Ltd. – Overview
Exhibit 97: ANTA Sports Products Ltd. – Business segments
Exhibit 98: ANTA Sports Products Ltd. – Key news
Exhibit 99: ANTA Sports Products Ltd. – Key offerings
Exhibit 100: ANTA Sports Products Ltd. – Segment focus

12.5 ASICS Corp.

Exhibit 101: ASICS Corp. – Overview
Exhibit 102: ASICS Corp. – Business segments
Exhibit 103: ASICS Corp. – Key offerings
Exhibit 104: ASICS Corp. – Segment focus

12.6 Babolat

Exhibit 105: Babolat – Overview
Exhibit 106: Babolat – Product / Service
Exhibit 107: Babolat – Key offerings

12.7 Bjorn Borg AB

Exhibit 108: Bjorn Borg AB – Overview
Exhibit 109: Bjorn Borg AB – Business segments
Exhibit 110: Bjorn Borg AB – Key offerings
Exhibit 111: Bjorn Borg AB – Segment focus

12.8 BloqUV

Exhibit 112: BloqUV – Overview
Exhibit 113: BloqUV – Product / Service
Exhibit 114: BloqUV – Key offerings

12.9 FILA Holdings Corp.

Exhibit 115: FILA Holdings Corp. – Overview
Exhibit 116: FILA Holdings Corp. – Business segments
Exhibit 117: FILA Holdings Corp. – Key offerings
Exhibit 118: FILA Holdings Corp. – Segment focus

12.10 Lotto sport Italia Spa

Exhibit 119: Lotto sport Italia Spa – Overview
Exhibit 120: Lotto sport Italia Spa – Product / Service
Exhibit 121: Lotto sport Italia Spa – Key offerings

12.11 Mizuno Corp.

Exhibit 122: Mizuno Corp. – Overview
Exhibit 123: Mizuno Corp. – Business segments
Exhibit 124: Mizuno Corp. – Key offerings
Exhibit 125: Mizuno Corp. – Segment focus

12.12 New Balance Athletics Inc.

Exhibit 126: New Balance Athletics Inc. – Overview
Exhibit 127: New Balance Athletics Inc. – Product / Service
Exhibit 128: New Balance Athletics Inc. – Key offerings

12.13 Nike Inc.

Exhibit 129: Nike Inc. – Overview
Exhibit 130: Nike Inc. – Business segments
Exhibit 131: Nike Inc. – Key news
Exhibit 132: Nike Inc. – Key offerings
Exhibit 133: Nike Inc. – Segment focus

12.14 PUMA SE

Exhibit 134: PUMA SE – Overview
Exhibit 135: PUMA SE – Business segments
Exhibit 136: PUMA SE – Key news
Exhibit 137: PUMA SE – Key offerings
Exhibit 138: PUMA SE – Segment focus

12.15 Sumitomo Rubber Industries Ltd.

Exhibit 139: Sumitomo Rubber Industries Ltd. – Overview
Exhibit 140: Sumitomo Rubber Industries Ltd. – Business segments
Exhibit 141: Sumitomo Rubber Industries Ltd. – Key offerings
Exhibit 142: Sumitomo Rubber Industries Ltd. – Segment focus

12.16 Under Armour Inc.

Exhibit 143: Under Armour Inc. – Overview
Exhibit 144: Under Armour Inc. – Business segments
Exhibit 145: Under Armour Inc. – Key offerings
Exhibit 146: Under Armour Inc. – Segment focus

12.17 Yonex Co. Ltd.

Exhibit 147: Yonex Co. Ltd. – Overview
Exhibit 148: Yonex Co. Ltd. – Business segments
Exhibit 149: Yonex Co. Ltd. – Key offerings
Exhibit 150: Yonex Co. Ltd. – Segment focus

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist

Exhibit 151: Inclusions checklist
Exhibit 152: Exclusions checklist

13.3 Currency conversion rates for US$

Exhibit 153: Currency conversion rates for US$

13.4 Research methodology

Exhibit 154: Research methodology
Exhibit 155: Validation techniques employed for market sizing
Exhibit 156: Information sources

13.5 List of abbreviations

Exhibit 157: List of abbreviations

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