Triathlon Clothing Market Overview: Application, Top Companies, and Forecast 2030
Triathlon Clothing Market Insights
According to MRFR analysis, the global triathlon clothing
market is expected to register a CAGR of ~ 8.21% from 2022 to 2030 and hold a
value of over USD 2,886.9 million by 2030.
Since the sport of triathlon gained popularity in 2022,
triathlon gear has become a commodity with a wide range of sizes and shapes
accessible. As more women participate in sports, the demand for triathlon
clothing is expected to increase, especially over the current forecast period.
Triathlon clothing is known to be regarded to become more specialized, with
more selections now being presented in the global market premises. Triathletes
wear triathlon gear when swimming, running, and riding their road bikes. They
come in a variety of sizes and forms, and their main purpose is to enhance an
athlete's performance. The coronavirus pandemic epidemic has significantly slowed
down the expansion of the economies of various nations. The decision by the
international governments to prolong the temporary and permanent lockdown,
which has had a direct impact on sporting activities, was made in response to
the rising positive cases and fatalities in many nations. In several nations,
sporting events, festivities, or activities have already been postponed or
canceled altogether. For instance, the Tokyo Olympics festivities have been
postponed until 2021 due to the Covid-19 pandemic.
Key Players
Some of the triathlon clothing key market players are De
Soto Sport, Zoot Sports, Kiwami Triathlon (Kiwami), Pearl Izumi, TYR Sport,
Inc., Louis Garneau Sports, Zone3, HUUB Design, Orca.
Market Segmentation
The global triathlon
clothing market overview has
been segmented into type and application.
Based on type, the triathlon clothing market report has been segmented into Tri
Tops, Tri Shorts, and Tri Suits. Tri tops are expected to aid the market share
increase over the forecast period and register a significant CAGR to reach USD
305.99 Million by 2030's end. These are utilized for running on a huge scale.
There are several brands available since they have made money by researching
and creating equipment.
Based on application, the triathlon clothing market trends
have been segmented into Men & Women. The men's triathlon gear market
category held a larger market share during the historical era. However, it is
expected that the market's women's sector would have a higher CAGR during the
projection period of 2022–2030. The market segments are expected to benefit
from the widespread adoption of e-commerce avenues for the delivery of market
products to increase their geographic reach.
Regional Analysis
One of the major markets in the region that is expected to
record the highest triathlon
clothing market size by 2030 is Europe. One of the most notable factors
influencing the development of this area is the key producers' increased
product collection for the triathlon apparel industry.
It is expected that the North American regional triathlon
clothing market will exhibit a primary growth rate of 7.61%. By 2030, the North
American region is expected to generate more than $526.43 million. The triathlon
clothing market insights region is starting to draw the attention of
triathlon clothing makers and producers. Some of the key elements anticipated
to favourably influence the triathlon clothing industry's growth and expansion
in the North American market include the rapidly evolving styles, colours, and
various sorts of triathlon clothing.
NOTE: Our Team of Researchers are Studying Covid19 and
its Impact on Various Industry Verticals and wherever required we will be
considering Covid19 Footprints for Better Analysis of Market and Industries.
Cordially get in Touch for More Details.
Contact us:
Market Research Future (part of Wantstats Research and
Media Private Limited),
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