[219+ Pages Report] The key market players are listed in the Global Sports Bra Market report with their sales, revenues and strategies are Jockey International Inc., Adidas AG, Nordstrom Inc., Puma SE, Columbia Sportswear, Nike Inc., and others.

NEW YORK, United States, Oct. 04, 2022 (GLOBE NEWSWIRE) -- According to Facts and Factors has published a new research report titled “Sports Bra Market Size, Share, Growth Analysis Report By Distribution Channel (E-Commerce, Brand Outlets, Company Website, and Offline Retail Stores), By Design (Non-Padded, and Padded), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028” in its research database.

“According to the latest research study, the demand of global Sports Bra Market size & share in terms of revenue was worth of USD 43725 Million in 2021 and it is expected to surpass around USD 95324.6 Million mark by 2028, growing at a compound annual growth rate (CAGR) of approximately 12.1% during the forecast period 2022 to 2028.”

Sports Bra Market Overview:

A sports bra is a women's clothing product to be worn during sports activities. It has become an important part of the modern-age world where the female force is undertaking various physical and recreational activities either for professional reasons or as a part of daily routine to maintain physical health. Companies in the segment view sports bras as a way of winning female athletes that have Millions of followers thus reaching a larger consumer database. Earlier sports bras were considered a luxury and were used only by a certain section of the female population. However, with growing awareness activities like describing why a sports bra is a necessity, companies have worked extensively to cater to the different demands of end-consumer from every segment.

In 2018, The Sports Bra project was initiated by Sarah Dwyer-Shick, requesting brands and people to donate sports bras to provide them to athletes who faced barriers in accessing the product due to a variety of reasons. The movement since then has gained a lot of momentum and has reached other parts of the world like Australia. There are two types of sports bras. One that compresses breasts and the other that encapsulates them.

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Our Free Sample Report Consists of the Following:

• Introduction, Overview, and in-depth industry analysis are all included in the 2022 updated report.

• The COVID-19 Pandemic Outbreak Impact Analysis is included in the package

• About 219+ Pages Research Report (Including Recent Research)

• Provide detailed chapter-by-chapter guidance on Request

• Updated Regional Analysis with Graphical Representation of Size, Share, and Trends for the Year 2022

• Includes Tables and figures have been updated

• The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis

• Facts and Factors research methodology

(Please note that the sample of this report has been modified to include the COVID-19 impact study prior to delivery.)

Report Scope

Global Sports Bra Market: Growth Drivers

• Rising number of women in sports propels market demand

The global sports bra market is projected to grow owing to the increasing integration of clothing design, manufacturing, and technology. In the modern world, women have high expectations from the brand and players present in the market. With growing awareness and greater independence, end-consumers have started holding brands accountable for the kind of products and services provided to them. The new self-aware consumer knows exactly what they want for the price they pay to avail of a certain service or a product. In this case, sports bra manufacturers are aware that the consumers expect a certain quality, grade, and type of product that caters to their specific needs. To meet the growing expectations, companies have started investing heavily in deploying technology to understand, research to develop better ways of manufacturing, developing new fabrics, and using quantifiable knowledge to create products that will be accepted in the global market.

Restraints

• Sizing issues to restrict market expansion

The sizing issues may restrict the global market expansion while more growth opportunities can be expected owing to increasing investment in marketing & advertisement. However, counterfeit and low-quality products may create challenging situations.

Browse the full “Sports Bra Market Size, Share, Growth Analysis Report By Distribution Channel (E-Commerce, Brand Outlets, Company Website, and Offline Retail Stores), By Design (Non-Padded, and Padded), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028” Report at https://www.fnfresearch.com/sports-bra-market

Sports Bra Market: COVID-19 Impact Analysis

Covid-19 resulted in a positive push in the global market cap after the initial lockdown impositions were slowly lifted. Many women were known to have started some form of workout while staying at home as a means of taking care of their physical and mental length. Once the online purchase platforms opened for operation, the global market started witnessing a rise in sales. In 2020, more than 55 Million people were forecasted to have started practicing yoga and 72% of them were females.

Sports Bra Market: Segmentation Analysis

The global sports bra market is segmented based on distribution design, channel, and region

Based on the design, the global market is segmented into non-padded and padded. The global market witnessed a high adoption rate for non-padded bras since padded underwear can lead to more discomfort in case of ill-fitting. Padded bras are most effective when the breast completely fits the garment, otherwise, they may lose their credibility. As per official data, around 80% of the women wear the wrong size bras resulting in the product becoming ineffective in delivering the expected outcome.

Based on distribution channel, the global market segments are e-commerce, brand outlets, company website, and offline retail stores. The highest revenue-generating segment is the e-commerce section owing to the ease of purchase, availability of options, and excellent customer care helping buyers from choosing the product until the final delivery and post-delivery care as well. As per a 2021 Statista report, around 21% of Nike’s sales in 2020 were owed to first-party e-commerce.

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Competitive Landscape

The report also provides an in-depth analysis of the market's main competitors, as well as information on their competitiveness. The research also identifies and analyses important business strategies used by these main market players, such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts. The study examines, among other things, each company's global presence, competitors, service offers, and standards. Some of the main competitors dominating the global Sports Bra market include -

• Jockey International Inc.

• Adidas AG

• Nordstrom Inc.

• Puma SE

• Columbia Sportswear

• Nike Inc.

Key Insights from Primary Research:

• As per the analysis shared by our research analyst, the Sports Bra market is estimated to grow annually at a CAGR of around 12.1% over the forecast period (2022-2028).

• In Terms Of Revenue, The Sports Bra market size was valued at around US$ 43725 Million in 2021 and is projected to reach US$ 95324.6 Million by 2028. Due to a variety of driving factors, the market is predicted to rise at a significant rate.

• Based on distribution channel segmentation, e-commerce was predicted to show maximum market share in the year 2021

• Based on design segmentation, non-padded was the leading end consumer in 2021.

• On the basis of region, Europe was the leading revenue generator in 2021.

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Key questions answered in this report:

• What is the market size and growth rate forecast for Sports Bra industry?

• What are the main driving factors propelling the Sports Bra Market forward?

• What are the leading companies in the Sports Bra Industry?

• What segments does the Sports Bra Market cover?

• How can I receive a free copy of the Sports Bra Market sample report and company profiles?

Key Offerings:

• Market Size & Forecast by Revenue | 2022−2028

• Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities

• Market Segmentation – A detailed analysis by Distribution Channel, Design, and Region

• Competitive Landscape – Top Key Vendors and Other Prominent Vendors

Regional Analysis:

Europe is projected to lead the global sports bra market with high revenues owing to high product awareness and adoption rate. The female population of European countries is known for physical fitness. Since there is a direct positive relationship between physical and mental health, almost all medical practitioners recommend women undertake some form of regular physical activity even if not for professional reasons. This is one of the major reasons why a large number of females in the EU are known to be accustomed to recreational activities regularly. The regional market of North America is projected to grow owing to the exceptionally high budget of brands for the marketing and advertising of the product. Nike is known to constantly collaborate with influential sports personalities, giving them the liberty to help Nike design the product which is an excellent strategic way of creating brand awareness and acceptance.

Recent Developments

• In June 2022, Nike announced the launch of new sports bra technology called BooB Robot, which is claimed to change the way sports bras are created.

• In January 2022, Under Armor collaborated with the University of Portsmouth and Dr. Joanna Scurr to create UA Infinity Bra.

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The global Sports Bra market is segmented as follows:

By Distribution Channel

• E-Commerce

• Brand Outlets

• Company Website

• Offline Retail Stores

By Design

• Non-Padded

• Padded

By Region

• North America

  • U.S.

  • Canada

  • Rest of North America

• Europe

  • France

  • UK

  • Spain

  • Germany

  • Italy

  • Rest of Europe

• Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • Rest of Asia Pacific

• The Middle East & Africa

  • Saudi Arabia

  • South Africa

  • Rest of the Middle East & Africa

• Latin America

  • Brazil

  • Argentina

  • Rest of Latin America

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