Vietnam Sportswear Market Size, Share Analysis, Trends, Outlook 2024-2032
IMARC Group has published a market research report titled "Vietnam Sportswear Market Report by Product (Shoes, Clothes), Distribution Channel (Online Stores, Retail Stores), End User (Men, Women, Kids), and Region 2024-2032", Vietnam sportswear market size is projected to exhibit a growth rate (CAGR) of 3.60% during 2024-2032.
Sportswear refers to clothing designed specifically for sports activities or physical exercise. It prioritizes comfort, flexibility, and performance. It is made from specialized fabrics and designs to enhance athletic performance and ensure ease of movement. It encompasses a wide range of garments, including shirts, shorts, pants, jackets, socks, and shoes. It incorporates moisture-wicking fabrics that draw sweat away from the skin to the outer surface of the clothing. It is well-suited for outdoor activities like hiking, camping, trekking, and adventure sports. It is used as casual everyday attire, with people wearing athletic-inspired clothing for leisure activities, running errands, or socializing.
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Vietnam Sportswear Market Trends and Drivers
Presently, the rising participation of people in sports and outdoor activities represents one of the key factors strengthening the growth of the market in Vietnam. In line with this, the growing awareness among the masses about the importance of a healthy lifestyle, along with the increasing trend of fitness and physical activities, is positively influencing the market in the region. Additionally, governing agencies in Vietnam are undertaking initiatives for promoting sports and physical fitness as part of its public health initiatives, which are supporting the market growth. Moreover, increasing collaborations between sportswear brands and fashion designers, athletes, and celebrities to create unique and limited-edition collections are bolstering the growth of the market in the country. Besides this, the wide availability of sportswear through online and offline retail stores is contributing to the market growth. In addition, key players are introducing enhanced performance materials and fabric technologies to develop products with advanced features, such as moisture-wicking, temperature regulation, odor control, and ultraviolet (UV) protection, which is impelling the growth of the market in Vietnam. Apart from this, the growing adoption of specialized sportswear items, including compression garments and supportive braces for injury prevention and venous insufficiency or lymphedema is offering a favorable market outlook in the country.
Report Segmentation:
The report has segmented the market into the following categories:
Product Insights:
- Shoes
- Clothes
Distribution Channel Insights:
- Online Stores
- Retail Stores
End User Insights:
- Men
- Women
- Kids
Regional Insights:
- Northern Vietnam
- Central Vietnam
- Southern Vietnam
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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