Global Apparel Market – An Overview | Watch NOW! | Ad
Home / Knowledge / News / Fashion / Sales of 'sport use' apparel & footwear products on rise
Sales of 'sport use' apparel & footwear products on rise
Jul '09
The NPD Group Inc announces the results of its fourth annual study on the global sports market, Global Sports Estimate 2009. According to the report, worldwide sales of sports equipment, apparel, and footwear sales remained flat at $ 284 billion USD (€ 219 billion) in 2008, down from a 4 percent increase the previous year.

Regional highlights - There was an overall decline of 1 percent in all of the Americas (North, Central, and South) that was driven primarily by the 2 percent decline in the United States during 2008. Sales in Europe lagged as well, with a 1 percent decline. However, the overall picture was stabilized somewhat, due to the contributions made by Asia, up 4 percent and the Middle-East/Africa, up 7 percent in 2008.

In the emerging countries, the 'wealth effect' may have contributed to the growth. “In some cases, it was a combination of things that triggered double digit growth,” said Renaud Vaschalde, global sports industry analyst, The NPD Group, Inc. “For instance, China's growth skyrocketed 15 percent in 2008 and for the second consecutive year. This was due to the combination of things like a growing middle class and one that has more disposable income, as well as the fact that the Olympic Games were hosted in China that year.”

On the contrary, most of the developed countries posted negative results. “Clearly in Japan, the U.S., and Western Europe, the sports market underperformed relative to the economy, as measured by the gross domestic product per capita evolution,” said Vaschalde.

'Sport Use' Rise Explains Market Evolution - Overall sales of 'sport use' apparel and footwear products are on the rise which by itself is good news for the industry. There were positive results seen in the market size for running, walking/hiking, swimming, cycling, training/fitness/work-out, and soccer/football. “In the case of these sports, they are convenient and easy to pursue or they are family friendly, or they are just fun. Then add to that the benefits of helping you look and feel good, and we can begin to understand more about why we have seen positive results,” observed Vaschalde.

Additionally, the reappearance of snow is something that helped the snow sport industry during both the 20007-2008 and 2008-2009 seasons. Overall, the snow sports industry posted growth worldwide in 2008. However, there were mixed results in some sports. Golf, basketball, and tennis lost some ground in 2008. Hunting and fishing were also negatively impacted by diminishing wildlife resources and a decreasing number of places in which to fish and hunt.

In Europe manufacturers have been trying to grow the women's sports market. However, there are some real life constraints that hinder this strategy. “More and more women indicating they work or are willing to work outside the home,” noted Vaschalde, “When that is combined with the responsibilities of caring for children and a home, there is very little time left for women to work out, let alone pursue a sport.”

Must ReadView All

China reportedly cancels trade talks with US, Liu He visit

Apparel/Garments | On 22nd Sep 2018

China reportedly cancels trade talks with US, Liu He visit

Washington is reportedly positive about arriving at a solution to its ...

AmCham Cambodia cautions US against possible sanctions

Apparel/Garments | On 22nd Sep 2018

AmCham Cambodia cautions US against possible sanctions

In a letter to US lawmakers, the American Chamber of Commerce...

Courtesy: ycloset

Apparel/Garments | On 22nd Sep 2018

Alibaba invests in clothes sharing platform Ycloset

Chinese garment sharing platform YCloset has completed an undisclosed ...

Interviews View All

Sunil Kumar Sharma, Loknayak JPNSSSG Ltd

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Top executives, Textile industry

Top executives
Textile industry

GST has levelled the playing field to an extent

Nishank Patel, Shri Dinesh Mills Limited

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Nitesh Mittal,

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Manoj Sorathiya,

Manoj Sorathiya

Surat-based Sunrise Imports & Exports Co is a manufacturer and...

Suresh P Bagrecha,

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Georg Reinhold, Trützschler  Nonwovens & Man-Made Fibers

Georg Reinhold
Trützschler Nonwovens & Man-Made Fibers

Trützschler Nonwovens & Man-Made Fibers, a part of the Trützschler Group,...

Prof Seokheun (Sean) Choi, Binghamton University, State University of New York (SUNY)

Prof Seokheun (Sean) Choi
Binghamton University, State University of New York (SUNY)

A team of researchers from the State University of New York (SUNY),...

Silke Brand-Kirsch, Schlegel und Partner GmbH

Silke Brand-Kirsch
Schlegel und Partner GmbH

<div>Schlegel und Partner is the market research and consultancy company...

Nisha Chanda, Whistling Woods International School of Fashion

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Divvya and Nidhhi Gambhir, Walnut

Divvya and Nidhhi Gambhir

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Rajesh Pratap Singh, Rajesh Pratap Singh

Rajesh Pratap Singh
Rajesh Pratap Singh

<div>Ace fashion designer <b>Rajesh Pratap Singh</b> has used Tencel to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on

Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

September 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category

Related Categories:

Advanced Search