Pune,India, June 16, 2022 (GLOBE NEWSWIRE) — The global sportswear market is projected to grow during the projected period due to the increasing awareness about healthy lifestyles and regular workout activities. Fortune Business Insights™ publishes this information in a report titled, “Sportswear Market, 2021-2028“. As per the report, the sportswear market size was USD 160.61 billion in 2020. The market is projected to grow from USD 170.94 billion in 2021 to USD 267.61 billion by 2028 at a CAGR of 6.6% during the 2021-2028 period.
COVID-19 Impact:
Restrictions On Non-Essential Goods Hampered The Market Growth
The outbreak of COVID-19 pandemic harshly affected the apparel industry due to disrupted supply chains and restricted manufacturing and production operations. The government imposed strict restrictions on travel activities which hampered the product shipments. The halt on manufacturing and production units affected the productivity and profitability of leading companies in the market. The clothing time falls under non-essential services completely restricted during the initial lockdown phase. These factors affected the global sportswear market growth during the pandemic period.
Get a Sample PDF Brochure:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/sportswear-market-102571
Sportswear Market Report Scope & Segmentation:
| Report Attribute | Details |
| Market size value in 2020 | USD 160.61 billion |
| Revenue forecast in… |
