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Tennis (Apparel and Footwear) and Golf (Apparel and Footwear) Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players - NIKE, Inc. (NKE), adidas AG (ADS.DE)

23 Mar, 2022 | 119 Pages
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It is anticipated that the global tennis and golf (Apparel and footwear) market will register a CAGR of 6.53% From 2022 to 2027.



Tennis (Apparel and Footwear) and Golf (Apparel and Footwear) Market Overview



Tennis apparel includes tennis shorts, headgear, skirts, tracks, and jackets. An increasing number of tennis tournaments being conducted across the world is one of the most important factors that are driving the market for the global tennis apparel market. It is anticipated that the growing popularity of tennis will also have an impact on the growth of the market in the next five years. It is evident that the market has potential given the popularity of tennis tournaments like Wimbledon, Australian Open, and US Open.



During the forecast period, the market structure is expected to remain fragmented. Tennis apparel, footwear, and accessories vendors are focusing on different strategies such as implementing innovative and offering unique designs and quality to cater to customer demands in order to compete in the market.



Various market players are launching differentiated products to raise their game in the tennis apparel, footwear, and accessories industry. The Asics Corp., for example, offers Solution Speed FF tennis footwear, which is specially designed with advanced TWISTRUSS technology to improve speed and agility during gameplay. Similarly, Nike Inc. offers a wide range of Nike Pro tops, t-shirts, hoodies, and pullovers, as well as other accessories for football, basketball, and golf. Tennis and skateboarding



Who are the Major Players in the Tennis (Apparel and Footwear) and Golf (Apparel and Footwear) Market?



The global Tennis (Apparel and Footwear) and Golf (Apparel and Footwear) includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include NIKE, Inc. (NYSE:NKE), adidas AG (XETRA:ADS.DE), Sports Memorabilia (CUL:^SPORTS.REGA), Babolat, ASICS, Direxion Hydrogen ETF (NYSEArca:HJEN), Lotto Sport Italia, New Balance, Sneakers, Taylormade Renewables Limited (BSE:TRL.BO), Le coq Sportif, Ralph Lauren, Under Armour, Acushnet Holdings Corp, PUMA SE and others.



Recent Developments:



Nike's New Serena Williams Building is the equivalent of 140 tennis courts in size.

Nike has unveiled the new Serena Williams Building (SW) at their world headquarters in Beaverton, and it's quite a sight. At 1 million square feet – the equivalent of 140 tennis courts – it is their largest building to date and represents the brand's largest investment in fostering design and creativity.

The floor plan is enormous, so here are some key figures. Nike Consumer Creation teams have been allocated 200,000 square feet of lab space for R&D across footwear and clothing categories. The showrooms and office space have received 140k. Other interesting areas include a footwear materials library, a colour lab, and the two-story Olympia Theatre (named after Williams' daughter), which seats 140 people.



What are the major Applications, Types, and Regions for Tennis (Apparel and Footwear) and Golf (Apparel and Footwear) Market?



By Type, Tennis (Apparel and Footwear) and Golf (Apparel and Footwear) Market has been segmented into 




  • Tennis Apparel

  • Tennis Footwear

  • Golf Apparel

  • Golf Footwear

  • Others



By Distribution Channel, Tennis (Apparel and Footwear) and Golf (Apparel and Footwear) Market has been segmented into 




  • Offline

  • Online

  • Others



By Application, Tennis (Apparel and Footwear) and Golf (Apparel and Footwear) Market has been segmented into 




  • Tennis

  • Golf

  • Others



By End-user, Tennis (Apparel and Footwear) and Golf (Apparel and Footwear) Market has been segmented into 




  • Men

  • Women

  • Children

  • Others



Tennis (Apparel and Footwear) and Golf (Apparel and Footwear) Market Regional Analysis:



Tennis and golf rose in both apparel and footwear dollar sales, with strong gains in the mass market and moderate gains at specialty retailers. Increases were broad-based, with the 26% rise in tennis apparel sales spread across all channels and price segments. Within golf, 37% gains in footwear were led by Foot Locker, while Abercrombie & Fitch led apparel gains with a 38% increase. Both brands had been discounting heavily; as a result, ending-price growth was more moderate at 6%. Starter jackets saw the largest sale increase in sports apparel at 34%, while outerwear showed the largest gain in sports footwear at 43%.



Europe is expected to dominate the Tennis (Apparel and Footwear) and Golf (Apparel and Footwear) market share in the forthcoming years due to the widespread presence of distribution channels. North America, on the other hand, is set to grow rapidly because of the rising popularity of western food products. In Asia Pacific, the market is set to show considerable progress owing to the improved lifestyle of the majority of people in this region.



What are our Tennis (Apparel and Footwear) and Golf (Apparel and Footwear) Market report scope?























































Report Attributes



Report Details



Forecast Period 2022 to 2028 CAGR



CAGR of 6.53 % during the review period (2022 to 2027).



By Type




  • Tennis Apparel

  • Tennis Footwear

  • Golf Apparel

  • Golf Footwear



By Application




  • Offline

  • Online



By Companies



NIKE, Inc. (NYSE:NKE), adidas AG (XETRA:ADS.DE), Sports Memorabilia (CUL:^SPORTS.REGA), Babolat, ASICS, Direxion Hydrogen ETF (NYSEArca:HJEN), Lotto Sport Italia, New Balance, Sneakers, Taylormade Renewables Limited (BSE:TRL.BO), Le coq Sportif, Ralph Lauren, Under Armour, Acushnet Holdings Corp, PUMA SE



Regions Covered




  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



Countries Covered




  • US

  • Canada

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Latin America



Base Year



2022



Historical Year



2017 to 2021



Forecast Year



2022 to 2027



Number of Pages



119



Customization Available



Yes, the report can be customized as per your needs




 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



Key Takeaways from this Tennis (Apparel and Footwear) and Golf (Apparel and Footwear) Report




  • Evaluate Tennis (Apparel and Footwear) and Golf (Apparel and Footwear) market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end-use applications, and by different industry verticals.

  • Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.

  • Get in-depth insights on your competitor's performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.

  • Analyze the sales and distribution channels across key geographies to improve top-line revenues.

  • Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

  • Get a quick outlook on the Tennis (Apparel and Footwear) and Golf (Apparel and Footwear) market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

  • Evaluate the supply-demand gaps, import-export statistics, and regulatory landscape for more than top 20 countries globally for the market.



All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.



Frequently Asked Questions



What is the study period of this market?



The Tennis (Apparel and Footwear) and Golf (Apparel and Footwear) Market is studied from 2017 - 2027.



What is the growth rate of Tennis (Apparel and Footwear) and Golf (Apparel and Footwear) Market?



The Tennis (Apparel and Footwear) and Golf (Apparel and Footwear) Market is growing at a CAGR of 6.53% over the next 5 years.



Who are the key players in Tennis (Apparel and Footwear) and Golf (Apparel and Footwear) Market?



Nike, Adidas, Amer Sports, Babolat, ASICS, Hydrogen, Lotto Sport Italia, New Balance, Sneakers, TaylorMade, Le coq Sportif, Ralph Lauren, Under Armour, Acushnet Holdings Corp, PUMA SE



What regions do this Tennis (Apparel and Footwear) and Golf (Apparel and Footwear) Market report covers?



North America (the United States, Canada, and Mexico)



Europe (Germany, France, UK, Russia, and Italy)



Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)



South America (Brazil, Argentina, Colombia, etc.)



The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)



What are the significant types of Tennis (Apparel and Footwear) and Golf (Apparel and Footwear) Market?



Tennis Apparel, Tennis Footwear, Golf Apparel, Golf Footwear



What are the major end-use applications of Tennis (Apparel and Footwear) and Golf (Apparel and Footwear) Market?



Offline, Online


  1. INTRODUCTION

    1. MARKET DEFINITION

    2. MARKET DYNAMICS

    3. MARKET SEGMENTATION

    4. REPORT TIMELINES

    5. KEY STAKEHOLDERS



  2. RESEARCH METHODOLOGY

    1. DATA MINING

      1. SECONDARY RESEARCH

      2. PRIMARY RESEARCH

      3. SUBJECT MATTER EXPERT ADVICE



    2. QUALITY CHECK

    3. FINAL REVIEW

      1. DATA TRIANGULATION

      2. BOTTOM-UP APPROACH

      3. TOP-DOWN APPROACH



    4. RESEARCH FLOW



  3. EXECUTIVE SUMMARY

    1. INTRODUCTION

    2. GLOBAL TENNIS (APPAREL AND FOOTWEAR) AND GOLF (APPAREL AND FOOTWEAR) MARKET BY TYPES

    3. TENNIS (APPAREL AND FOOTWEAR) AND GOLF (APPAREL AND FOOTWEAR) MARKET BY APPLICATIONS



  4. MARKET DYNAMICS

    1. DRIVERS

      1. INCREASING DEMAND FOR TENNIS (APPAREL AND FOOTWEAR) AND GOLF (APPAREL AND FOOTWEAR)



    2. RESTRAINTS

      1. STRINGENT ENVIRONMENTAL REGUALTIONS

      2. HIGH COST ON MATERIALS



    3. OPPORTUNITIES

      1. TENNIS (APPAREL AND FOOTWEAR) AND GOLF (APPAREL AND FOOTWEAR) GROWTH

      2. APPLICATION OF TENNIS (APPAREL AND FOOTWEAR) AND GOLF (APPAREL AND FOOTWEAR)



    4. IMPACT OF COVID 19



  5. GLOBAL TENNIS (APPAREL AND FOOTWEAR) AND GOLF (APPAREL AND FOOTWEAR) MARKET, TYPES

    1. Introduction

    2. Tennis Apparel

    3. Tennis Footwear

    4. Golf Apparel

    5. Golf Footwear

    6. Others



  6. GLOBAL TENNIS (APPAREL AND FOOTWEAR) AND GOLF (APPAREL AND FOOTWEAR) MARKET, BY APPLICATION

    1. Introduction

    2. Tennis

    3. Golf

    4. Others



  7. GLOBAL TENNIS (APPAREL AND FOOTWEAR) AND GOLF (APPAREL AND FOOTWEAR) MARKET, BY REGION

    1. NORTH AMERICA

      1. US

      2. CANADA

      3. MEXICO



    2. EUROPE

      1. GERMANY

      2. FRANCE

      3. UK

      4. ITALY

      5. RUSSIA

      6. REST OF EUROPE



    3. APAC

      1. CHINA

      2. SOUTH KOREA

      3. JAPAN

      4. INDIA

      5. AUSTRALIA

      6. ASEAN

      7. REST OF APAC



    4. MIDDLE EAST & AFRICA

      1. SAUDI ARABIA

      2. UAE

      3. SOUTH AFRICA

      4. TURKEY

      5. REST OF MEA



    5. SOUTH AMERICA

      1. BRAZIL

      2. REST OF MEA

      3. ARGENTINA

      4. REST OF SOUTH AMERICA





  8. COMPETITIVE LANDSCAPE

    1. MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,

    2. AND AGREEMENTS

      1. KEY DEVELOPMENT



    3. MARKET SHARE (%) **/RANKING ANALYSIS

    4. STRATEGIES ADOPTED BY LEADING PLAYERS



  9. COMPANY PROFILES

    1. BUSINESS OVERVIEW

    2. COMPANY SNAPSHOT

    3. PRODUCT BENCHMARKING

    4. STRATEGIC INITIATIVES

      1. Nike,

      2. Adidas,

      3. Amer Sports,

      4. Babolat,

      5. ASICS,

      6. Hydrogen,

      7. Lotto Sport Italia,

      8. New Balance,

      9. Sneakers,

      10. TaylorMade,

      11. Le coq Sportif,

      12. Ralph Lauren,

      13. Under Armour,

      14. Acushnet Holdings Corp,

      15. PUMA SE and others.





SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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