According to a new report, published by KBV research, The Global Triathlon Clothing Market size is expected to reach $2.9 billion by 2028, rising at a market growth of 8.4% CAGR during the forecast period.
The Women segment is showcasing a CAGR of 9.7% during (2022 - 2028). This is because of the rising awareness regarding the fitness and triathlon sports among women. In addition, the increasing demand for special triathlon outfits that enables the greater possibility to execute sports activities is also provoking the launch of various products that are specially designed for women use is leading to the wider adoption of such clothing among women population.
The Offline segment acquired maximum revenue share in the Global Triathlon Clothing Market by Distribution Channel in 2021 thereby, achieving a market value of $1.5 billion by 2028. Exclusive showrooms that sell various products, along with triathlon clothing, propel this segment's growth. Additionally, an increase in offline trade in sportswear shops offers the sportswear segment substantial development opportunities. The market is growing in this segment as consumer get an option to try the cloths at the stores and buy the exact size and fabric as per their comfort.
The Tri Shorts segment has shown the growth rate of 8.6% during (2022 - 2028). This segment’s development is credited to growing participation in sports activities such as cycling, swimming, etc. Additionally, the demand for fashionable yet comfortable tri shorts has expanded customer liking for triathlon outfits. To meet the increasing customer demand, triathlon clothing producers are introducing the latest items in various designs for all age groups and body shapes with customization options.
The North America market dominated the Global Triathlon Clothing Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1.2 billion by 2028.The Europe market is exhibiting a CAGR of 8% during (2022 - 2028). Additionally, The Asia Pacific market would showcase a CAGR of 9.4% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/triathlon-clothing-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Zone3 Ltd., Zoot Sports, De Soto Clothing Company, Inc., Louis Garneau Sports, Fanatics Inc. (Kynetic), Pearl Izumi (United Sports Brands), Orca Australia, Kiwami Triathlon, TYR Sport, Inc. (Swimwear Anywhere, Inc.), and 2XU Pty Ltd. (Louis Vuitton Moët Hennessy).
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