Bangalore, Aug. 01, 2022 (GLOBE NEWSWIRE) --

The global sportswear market is expected to show robust growth, sustained by multiple demand levers, as consumers get attracted by the variety of options now available in the market across price points. The rising participation of the urban population in fitness activities post COVID will further escalate consumption of sportswear.

The volume growth in Asian sportswear market will be led by Vietnam, India and China.

The market is led by North American and European companies like Nike, which is the global leader in sportswear with 15% market share, followed by Adidas and Puma at  8% and 2% respectively. But going forward, with the rise of Asian companies like Anta, Li-Ning and Xtep from China and ASICS from Japan, the competitive landscape is very much likely to change.

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