According to the latest IMARC group report, entitled, “Functional clothing market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2021-2026 “, The global functional clothing market exhibited XX growth during the period 2015-2020. Looking ahead, IMARC Group expects the market to grow at a CAGR of XX% during the period 2021-2026.
Functional clothing refers to clothing that can perform multiple functions. They are made using comfortable and flexible materials, such as polyester, nylon and viscose, which ensure the maneuverability, comfort and functional performance desired. Manufacturers incorporate reproducible technologies that protect the end product against temperature fluctuations, ultraviolet (UV) light, microbes, while blocking radiation. Hence, they are widely used to make medical, leisure and sports clothing.
As the novel coronavirus (COVID-19) crisis takes over the world, we are constantly monitoring changes in the markets, as well as the industrial behaviors of consumers around the world and our estimates on the latest market trends and forecasts are made afterwards. examining the impact of this pandemic.
Functional clothing market trends:
The growing health awareness and the growing inclination towards fitness activities are primarily increasing the demand for functional clothing across the world. With this in mind, continued collaborations between brands and fitness influencers to raise awareness of the health benefits of an active lifestyle are further catalyzing market growth. Additionally, the use of technical fabrics in functional clothing protects the wearer from environmental conditions, chemicals, and radiation, which in turn fuel their demand in the construction and mining industries. Rapid technological advancements and the introduction of innovative product variants, such as clothing made from nano and microfibers with comfortable padding, further create positive prospects for the market.
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Global Functional Clothing Market Analysis and Segmentation 2021-2026:
The competitive landscape of the market has been studied in the report along with the detailed profiles of the major players operating in the market.
Adidas AG, ASICS Corporation, Columbia Sportswear Company, Gap Inc, Lululemon Athletica, Nike Inc., Puma SE (Artemis SA), PVH Corp., Under Armor Inc and VF Corporation.
The report has segmented the market on the basis of product type, application, and distribution channel.
Breakdown by product type:
Breakdown by application:
Breakdown by distribution channel:
Supermarkets and hypermarkets
Breakdown by region:
North America: (United States, Canada)
Asia-Pacific: (China, Japan, India, South Korea, Australia, Indonesia, others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, others)
Middle East and Africa
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Highlights of the report:
• Market performance (2015-2020)
• Market outlook (2021-2026)
• Porter’s five forces analysis
• Market drivers and success factors
• SWOT analysis
• Value chain
• Complete mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.
Related report from the IMARC group:
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