Performance Wear Market 2018 - Global Industry Size, Industry Share, Market Trends, Growth and Forecast to 2026
Clothing is one of the most important aspects of the day-to-day life for every individual. People choose their clothing cautiously depending on age, individual style, price range, and availability. However, most of the clothing made from conventional fabric is unable to sustain in adverse working condition. Issues such as sweat, stains, odor, and inability of conventional fabric apparels to cope with the changing climatic conditions can constrain working performance of an individual in their daily activities.
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In order to overcome aforementioned issues, apparels manufacturers have started using performance fabrics for developing performance wears. Performance wear provides comfort and functionalities such as breathability, anti-odor, etc. Therefore, performance wear are gaining prominence over conventional clothing, especially among athletes, working professionals, and casual & avid travelers.
Active lifestyle, awareness towards health and fitness, and sense of style and comfort are aiding the growth of performance wear considerably. In addition, need for efficient clothing during long travels and exhaustive journeys have encouraged consumers to adopt performance wear in their commutes without compromising in style and comfort.
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Specially designed performance fabric can provide additional benefits including abrasion resistance, waterproofing, flame resistance, UV protection and thermal insulations. Such fabrics are extensively used for making uniforms and protective suits for individuals in defense and military applications, firefighting applications, manufacturing industries, and municipalities & sanitation applications among others.
In addition, growing demand from sports and recreational activities such as mountaineering, trekking, hiking, and adventure sports have provided tremendous growth opportunities for performance wear manufacturers to flourish. Growing awareness regarding the benefits offered and consequent acceptance across several end-use applications bodes well for the market growth.
Companies are trying to deliver quality performance wear by committing tests under extensive conditions to evaluate apparels performance. With stiff competition among apparel manufacturing companies and continuous development in the field of performance fabric, the market for performance wear is anticipated to grow significantly in the coming years.
The global performance wear market is segmented into the following bases:
By Material Type
Natural
Synthetic
By End-use Application
Sports and Recreation
Rescue Application
Military and Defense
Others (Public Utility Works, Industrial Manufacturing, Testing Laboratories, etc.)
Geography
North America
U.S.
Rest of North America
Europe
U.K.
Germany
France
Rest of Europe
Asia-Pacific
Japan
China
India
Rest of Asia Pacific
Rest of the World
Latin America
Middle East and Africa
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Key players identified in the global performance wear market include but are not limited to:
Sonora (DuPont), Milliken & Company., Vald'or Apparel, 3D Industries, Konno Inc., KTC Limited, Guilford.(LEAR Corporation), tasc Performance Dev., WSI SPORTSWEAR, VF Imagewear, DRIFIRE, Heini Sports Inc., BADGER SPORT., Stormtech Performance Apparel, GYMFUSE LIMITED and others.
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