Badminton Apparel Market

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Badminton Apparel Market Revenue Drivers, Growth
Opportunities, Value Chain Analysis and COVID-19
Impact Insights, 2028
The global badminton apparel market size was
valued at USD 18.66 billion in 2020 and is
expected to expand at a compound annual
growth rate (CAGR) of 6.3 from 2021 to
2028.
The global Badminton Apparel Market research
report provides complete insights on industry
scope, trends, regional estimates, key
application, competitive landscape and financial
performance of prominent players. It also offers
ready data-driven answers to several
industry-level questions. This study enables
numerous opportunities for the market players to
invest in research and development. Market
Overview The global badminton apparel market
size is expected to reach USD 29.5 billion by
2028, according to a new report by Million
Insights. It is expected to expand at a CAGR of
6.3 from 2021 to 2028. An increasing number of
national and international badminton
tournaments, rising interest of kids in
sports, and supportive government policies
are expected to promote market growth over
the next few years. Additionally, the rising
number of participants, training institutes, and
playgrounds are directly impacting the market
demand. During the COVID-19 pandemic and
lockdown imposed by the governments of various
countries, citizens preferred to stay at home as
a precautionary measure. Various sports events,
exhibitions, and other public events were
canceled across the world. Due to this,
the overall production and supply chains
were disturbed. Due to this, the market
experienced a shortfall in sales of apparel due
to restricted production, disturbed supply
chains, and reduced demand. However, the market
is expected to witness healthy growth in the
upcoming years after COVID restrictions are
eased. The skirts product segment is
expected to expand at the highest CAGR of
7.6 from 2021 to 2028. Manufacturers design
skirts for female players to be comfortable,
confident, and modest while playing badminton.
These skirts enable freedom of movement and
moisture management. Moreover, skirts avoid yeast
infections. With all these advantages, this
segment is expected to grow during the forecast
period.
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The female gender segment is estimated to expand
at the fastest CAGR of 6.9 from 2021 to 2028.
With the cultural and political shifts from
traditions, it has been witnessed that females
are capable of achieving success in sports.
Female players are stronger and faster than
earlier. The governments are also offering
sponsorships for females to train and participate
in tournaments. Thus, this segment is expected to
grow during the forecast period. The online
distribution channel is expected to register the
highest CAGR of 7.7 from 2021 to 2028. The use
of online shopping portals and mobile apps is
getting popular among citizens for shopping due
to their simplicity and convenience. Products
are available at economic rates via online
channels compared to offline channels. End
users believe in the brands that manufacture
quality products. Moreover, end users choose the
most believed shopping portals or mobile apps to
purchase. Asia Pacific held the largest share in
2020 and is estimated to expand at the highest
CAGR from 2021 to 2028. Countries such as China,
Japan, and India are positively contributing to
the growth of the market. The growing population,
the presence of a large number of participants,
rising badminton fans, and the presence of
multiple manufacturers are boosting the market
growth in this region Badminton apparel include
outerwear clothing that are used while playing
badminton. Players demand specially designed
apparel such as T-shirts, skirts, shorts,
sweaters, jackets, long pants, leggings,
wristbands, headbands, and socks. These apparel
can absorb sweat and dry quickly and have
stretchable fabric, allowing easy movements while
playing.
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