Sportswear market in Germany to grow by USD 3.36 Bn, Physical and mental fitness benefits associated with extreme sports to boost market growth – Technavio

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NEW YORK, Oct. 17, 2022  /PRNewswire/ — The sportswear market in Germany is expected to grow by USD 3.36 billion during 2021-2026, at a CAGR of 5.65% during the forecast period. The market is driven by the Physical and mental fitness benefits associated with extreme sports. In addition, the is anticipated to boost the growth of the Sportswear Market in Germany.

Major Five Sportswear in Germany Companies:

  • adidas AG: The company offers sportswear that includes shoes, sweatshirts, joggers, tracksuits, hoodies, and many more products, under the brand name of Adidas.
  • hummel AS: The company offers sportswear that includes jerseys, pants, shorts, sports bras, tights, and many more products for men, women, and kids, under the brand name Hummel.
  • Jako AG: The company offers sportswear that includes trousers, hooded jackets, t-shirts, and caps for men, women, and kids, under the brand name Jako.
  • ORTLIEB Sportartikel GmbH: The company offers sportswear that includes bike bags and backpacks for outdoors which are waterproof, durable, highly functional, and sustainably produced, under the brand name of Ortlieb.
  • Otto Group: The company offers sportswear that includes shirts, pants, hoodies, jerseys, and many more products for men, women, and kids, under the brand name OTTO.

Find additional highlights on the growth strategies adopted by vendors and their product offerings, Request Free Sample Report.

Parent Market Analysis

Technavio categorizes the Sportswear Market in Germany as a part of the global Apparel, Accessories & Luxury Goods market within the global consumer discretionary market. External factors influencing the parent market’s growth potential in the coming years have been thoroughly investigated in our research analysis, to know more about the levels of growth of the Sportswear Market in Germany throughout the forecast period.

Sportswear Market in Germany Value Chain Analysis

The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of the Sportswear Market in Germany includes the following core components:

  • Inputs
  • Inbound logistics
  • Operations
  • Outbound logistics
  • Marketing and sales
  • Service

To unlock information about vendor drive costs and customer service, Buy sample report.

Sportswear Market Segmentation in Germany
  • Product 
    • Apparel
    • Footwear
    • Wearables
  • Distribution channel 
    • Offline
    • Online

Germany will account for all market growth. The sportswear market in Germany is mostly based in Germany. The research provides a current review of the market’s geographic distribution. Germany has experienced tremendous growth and is anticipated to provide market suppliers with a number of prospects for expansion during the anticipated timeframe. Over the projection period, the development of the main rivals’ marketing tactics will support the expansion of the German sportswear market. Download Free Sample Report.

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Sportswear Market In Germany Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.65%

Market growth 2022-2026

$3.36 billion

Market structure

Fragmented

YoY growth (%)

6.46

Regional analysis

Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

adidas AG, hummel AS, Jako AG, ORTLIEB Sportartikel GmbH, Otto Group, PUMA SE, Reusch International SpA AG, Schoffel Sportbekleidung GmbH, uhlsport GmbH, and VAUDE Sport GmbH and Co. KG

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market Definition
  • Market segment analysis
  • Market size 2021
  • Market outlook: Forecast for 2021 – 2026

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Apparel – Market size and forecast 2021-2026
  • Footwear – Market size and forecast 2021-2026
  • Wearables – Market size and forecast 2021-2026
  • Market opportunity by Product

Market Segmentation by Distribution channel

  • Market segments
  • Comparison by Distribution channel
  • Offline – Market size and forecast 2021-2026
  • Online – Market size and forecast 2021-2026
  • Market opportunity by Distribution channel

Customer landscape

  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • adidas AG
  • hummel AS
  • Jako AG
  • ORTLIEB Sportartikel GmbH
  • Otto Group
  • PUMA SE
  • Reusch International SpA AG
  • Schoffel Sportbekleidung GmbH
  • uhlsport GmbH
  • VAUDE Sport GmbH and Co. KG

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations
About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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