The sports and fitness wear market will register a CAGR of over 5% by 2023

LONDON, Nov. 13, 2018 /PRNewswire/ -- About this market
Technological advances in sports and fitness wear is identified as one of the key trends that will gain traction in the market for the next four years. The manufacturers of sports and fitness wear are continuously focusing on improving the technology features of the product to achieve higher customer satisfaction. Technavio's analysts have predicted that the sports and fitness wear market will register a CAGR of over 5% by 2023.

Download the full report: https://www.reportbuyer.com/product/4103771


Market Overview
Rising number of sports tournaments
The rise in the number of sports tournaments such as baseball, ball sports, and racket sports are resulting in an increased sales volume sports and fitness wear. The growing interest of worldwide population in sports activities will also drive the sales volume.
Volatile raw material prices
The key market manufacturers are experiencing fluctuations in their profit margins. This is due to the fluctuating prices of raw materials and the increasing competition among the vendors in the market.
For the detailed list of factors that will drive and challenge the growth of the sports and fitness wear Market during the 2019-2023, view our report.

Competitive Landscape
The market appears to be fragmented and with the presence of several companies and the competitive environment is quite intense. Factors such as the technological advances in sports and fitness wear and rising number of sports tournaments, will provide considerable growth opportunities to sports and fitness wear manufactures. Adidas, Nike, PUMA, Under Armour, and VF Corporation are some of the major companies covered in this report.

Download the full report: https://www.reportbuyer.com/product/4103771

About Reportbuyer
Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers

For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: [email protected]
Tel: +1 (718) 213 4904
Website: www.reportbuyer.com

SOURCE ReportBuyer