Sports Bra Market to Grow with a CAGR of 16.7% Globally through 2028
Global Sports Bra Market
continues to thrive due to factors such as convergence of health consciousness,
technological innovation, and the growing influence of fashion in activewear.
According to
TechSci Research report, “Global Sports Bra Market - Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2028”, the Global Sports
Bra Market stood at USD 39.70 billion in 2022 and is anticipated to grow with a
CAGR of 16.7% in the forecast period, 2024-2028. The Global Sports Bra Market
has experienced remarkable growth in recent years, driven by a confluence of
factors such as increasing health and fitness consciousness, rising
participation of women in sports and fitness activities, technological
advancements, and evolving fashion trends. Sports bras, once considered
primarily functional garments, have evolved into fashionable and
performance-enhancing apparel, catering to the diverse needs of women engaging
in various physical activities.
The market has
witnessed a shift in consumer preferences, with women seeking sports bras that
offer not just support but also comfort, style, and versatility. This evolution
has resulted in a surge of innovation, with brands focusing on designing sports
bras with advanced features such as moisture-wicking fabrics, adjustable
straps, breathable materials, and varying levels of support tailored to
different sports and activities.
Key players in
the sports bra market continually invest in research and development to
introduce innovative designs and technologies. These innovations aim to enhance
performance, minimize discomfort, and ensure the sports bras are suitable for a
wide range of body types and activities. Additionally, sustainability and
eco-friendly materials have gained traction, with brands incorporating recycled
materials and ethical production practices, aligning with consumers' growing
environmental concerns.
Browse over 26 market
data Figures spread through 181 Pages and an in-depth TOC on
"Global Sports Bra Market”
The market's growth is further fueled by the
increasing adoption of e-commerce channels, offering consumers a convenient
platform to browse and purchase sports bras. Online retailers provide a vast
array of options, sizes, and styles, enabling customers to find the perfect fit
and cater to specific sports or workout preferences.
Athleisure trends have played a pivotal role in the
sports bra market's expansion. The seamless integration of activewear into
everyday fashion has contributed to a rise in demand for sports bras that offer
both functionality during workouts and style for casual wear. This shift has
led to collaborations between sportswear brands and fashion designers,
resulting in sports bras that strike a balance between performance and
aesthetics.
The Global Sports Bra Market's future appears
promising, with an increasing focus on inclusivity, diversity, and body
positivity. Brands are acknowledging the importance of offering a wide range of
sizes, styles, and support levels, ensuring that every woman finds a sports bra
that meets her specific needs and preferences. As fitness becomes an integral
part of lifestyles worldwide, the demand for sports bras as essential
activewear continues to surge, further driving the market's growth.
The global sports bra market is segmented into padding,
fabric, distribution channel, and region.
Based on padding, the padded segment has asserted its
dominance in the global sports bra market. Padded sports bras offer an added
layer of support, particularly beneficial during high-impact activities. The
padding helps reduce bounce, provides additional coverage, and offers a secure
and comfortable fit, allowing for a more enjoyable and effective workout
experience. The padding in sports bras often contributes to shaping and
contouring, providing a flattering silhouette. This aspect appeals to consumers
seeking not only functional support but also a visually appealing appearance
during workouts or while wearing activewear as part of their daily attire. The
padded segment addresses concerns related to modesty and coverage, offering a
solution that minimizes visibility of nipple protrusion and provides additional
coverage, which can be particularly appealing to women engaging in various
physical activities.
Based on region, Asia Pacific holds a significant
position in the global sports bra market. The region has witnessed a notable
surge in health awareness and fitness activities, with more individuals,
particularly women, actively participating in sports, gym workouts, and various
fitness regimes. This heightened consciousness about health and physical
well-being drives the demand for appropriate and supportive sportswear,
including sports bras. The growing involvement of women in sports and fitness
activities across Asia Pacific has fueled the demand for specialized sportswear
tailored to their needs. Sports bras, designed to offer comfort, support, and
flexibility during physical activities, have become an essential part of
women's athletic attire, further driving market growth. Economic prosperity and
lifestyle changes in many Asia Pacific countries have led to increased
discretionary spending on fitness-related products. This shift in lifestyle
preferences, with a greater focus on health and wellness, creates a conducive
environment for the growth of the sports bra market.
Major companies operating in global sports bra market
are:
- Decathlon
- Hanesbrands Inc
- L Brands, Inc.
- Triumph International Corp
- Wolf Lingerie Ltd
- The Groupe Chantelle
- The Calida Group
- Columbia Sportswear Company
- Nike Inc.
- Adidas AG
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“The Global
Sports Bra Market stands at the forefront of the activewear industry,
representing a sector characterized by innovation, comfort, and functionality.
With the rising emphasis on health and fitness worldwide, the market for sports
bras has witnessed exponential growth, catering not only to athletes but also
to women engaging in various physical activities. Offering crucial support,
moisture-wicking properties, and a range of designs, sports bras have become an
essential component of women's athletic apparel. The market's evolution
includes advancements in fabric technology, customizable fits, and stylish
designs, catering to diverse preferences. Moreover, the integration of sports
bras into everyday fashion, the influence of athleisure culture, and the
proliferation of e-commerce platforms have contributed to the market's
expansion, making sports bras a staple for active lifestyles across different
demographics and regions.” said Mr. Karan Chechi, Research Director with
TechSci Research, a research-based management consulting firm.
“Sports Bra Market –
Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By
Padding (Padded and Non-Padded), By Fabric (Natural, Synthetic, and Blended),
By Distribution Channel (Offline and Online), By Region, By Competition, 2018-2028, has
evaluated the future growth potential of global sports bra market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the global sports bra market.
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