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Footwear Market Insights: Current Trends and Restraints Forecast 2024

April 1, 2020 by Pradeep  

The global footwear market size is estimated to reach USD 223.2 Billion by the end of 2024 and record a CAGR of 5.7%. Youngsters are increasingly inclined toward participating in sports and other outdoor activities which is expected to increase the demand for sports footwear during the forecast period. Moreover, consumers are also concerned about using appropriate shoes while participating in different sports activities to prevent injuries and improve their performance. Apart from that, the rising number of working professionals in the developing economies is expected to further propel the demand for formal shoes which in turn is expected to accelerate the growth of the global footwear market at a high pace.

Global footwear market registered a substantial growth in terms of product innovations and technological advancements. The global footwear market has been segmented based on product type, category, end user, distribution channel, and region.

Based on product type, the global footwear market has been segmented into formal footwear, casual footwear, and sports footwear. The casual footwear segment accounted for the major market share in 2018 and it is expected to retain its dominance during the forecast period. The demand for casual footwear has increased owing to its usage on a regular basis by the consumers.

The market for global footwear has been bifurcated, based on category, into open footwear and closed footwear. The closed footwear segment is expected to account for the maximum market proportion of the global footwear market and is projected to register the higher growth rate during the forecast period. The open footwear segment is projected to exhibit moderate growth during the forecast period.

Based on end user, the global footwear market has been bifurcated into men and women. The women segment is estimated to account for the larger market share of the global footwear market. Several varieties of footwear are available for women in the market and this is the major factor for the growth of the women footwear segment during the forecast period.

Access Report Details @ https://www.marketresearchfuture.com/reports/footwear-market-8037

Based on distribution channel, the global footwear market has been segmented into store-based and non-store-based channels. The store-based distribution channel is estimated to account for a significant market share both in developed and developing economies. The store-based segment has been further segmented into supermarkets and hypermarkets, specialty stores, and others. The specialty stores sub-segment is projected to witness high growth as compared to the other sub-segments. Major manufacturers of footwear are emphasizing the need to set up separate stores which cater to only the footwear products. Moreover, premium shoes are widely available in the specialty stores of key manufacturers which is expected to increase the demand for specialty stores. However, the non-store-based segment is projected to expand at a high pace in the years to come due to the rise of e-commerce giants.

Key Players

Some of the key players in the global footwear market are Nike Corporation (US), Adidas AG (Germany), VF Corporation (US), Crocs Retail, Inc. (US), ECCO Sko A/S (Denmark), Wolverine World Wide, Inc. (US), Under Armour Inc. (US), New Balance Athletics, Inc. (US), Asics Corporation (Japan), Deichmann SE (Germany), AeroGroup (Canada), Kering S.A. (Japan), Geox S.p.A (Italy), Skechers USA, Incorporation (US), and The Columbia Sportswear Company (US).

Watch Market Share Witness Substantial Growth in the Upcoming years

April 1, 2020 by Pradeep  

Watches are used as an important accessory, both in terms of utility as well as fashion. A new report on the global watch market, published by Market Research Future (MRFR), concludes that this market can advance at 6.7% CAGR between 2019 and 2024. In terms of money value, the market can be worth USD 75.8 Bn by the end of the forecast period.

The vital market driving factors for the global watch market growth include changing lifestyles, changing market trends, and growing customization of personal accessories. Other factors contributing to the global watch market growth include rising craze for fashionable watches, availability of multipurpose watches, increasing disposable income, investment from many big accessory brands on watch manufacturing, and the growing number of watch retailers. The trend of smartwatches that can be synced with smartphones is also surging the demand for smartwatches. However, factors that can hamper the market growth include easy availability of counterfeit products and increase in the presence of unorganized players.

Market Segmentation

The global watch market segmentation encompasses category, distribution channel, end-user, and type. MRFR’s take on the market surveys various facets of the market in-depth.

The category-based segmentation of this market covers mechanical watches, quartz watches, and others. During the forecast period, the quartz watches segment can dominate the market due to the low price and easy maintenance of quartz watches. Quartz watches segment can also be the fastest-growing market due to the popularity of quartz watches among consumers. The qualities that make the quartz watches popular include accuracy, durability, and precision.

Regarding the distribution channel, the market has been segmented into store-based distribution channel and non-store-based distribution channel. The store-based distribution channel segment can be sub-segmented into specialty stores, supermarkets & hypermarkets, and others. Non-store-based distribution channels include e-commerce portals and online retailers. The store-based distribution channel segment can dominate the market by generating the highest revenue due to high product appeal and strong vendor networks. However, non-store-based distribution channels can experience faster growth due to growing consumer preference for online purchase and technological advancements in the e-commerce industry.

Browse Full Report Details @ https://www.marketresearchfuture.com/reports/watch-market-8027

Based on end-user, the market has been segmented into men watches, women watches, and unisex watches. During the forecast period, the men watches segment can dominate the global market due to increasing demand for watches as a wearable accessory and the availability of a wide collection of men’s watches. Unisex watches segment can become the fastest growing market segment as it has the potential of generating the larger consumer base due to its gender-neutral nature that includes carefully chosen appearance, colors, and features.

By type, the market has been segmented into analog watches, chronograph watches, digital watches, smartwatches, and others. During the forecast period, the analog watches segment can dominate the market due to the classic design, easy maintenance, perfection in style, and simplicity. However, the smartwatches can witness fastest growth due to their increasing popularity. Smartwatches are popular due to their features that include activity tracking applications, cellular connectivity, infrared sensors, long battery life, and unique designs. Activity tracking applications in smartwatches include features like a fitness tracker that functionalities to conduct heart rate tracking and pulse tracking. This is useful for health-conscious consumers.

Motorcycle Apparel Market Prospects and Growth Assessment 2024

April 1, 2020 by Pradeep  

Motorcycle apparel is personal protective clothing or equipment for safe riding. It includes helmets, jackets, gloves, shoes, pants, and base layers. The apparel protects riders in crashes and from inclement weather.

Global Motorcycle Apparel Market is estimated to be valued at USD 12,303.4 Million by 2024 and is expected to register a CAGR of 7.11% during the forecast periodNorth America was the largest market for motorcycle apparel in 2018 and the regional market is expected to maintain its dominance during the review period. Europe held a significant market share and was the second-largest market for motorcycle apparel in 2018. In Europe, the market in Germany is projected to exhibit the highest growth rate of 7.64% during the forecast period. However, the Asia-Pacific market is projected to register the highest CAGR during the forecast period. Increasing per capita disposable incomes in the region have led to the rising sales of motorcycles and motorcycle apparel.

Motorcycle Apparel Market Segmental Analysis

The global motorcycle apparel market has been segmented based on product type, end use, distribution channel, and region.

By product type, the market has been divided into helmets, jackets, gloves, shoes, pants, base layers, and others. The helmets segment accounted for the largest market share in 2018. Stringent regulations mandating the use of helmets in most countries have boosted the growth of the segment. Moreover, regulations for helmet manufacturers to offer lighter and safer products will drive the growth of the segment. However, the gloves segment is projected to register the highest CAGR during the forecast period. Growing awareness of the need to protect hands while riding is driving the growth of the segment.

Based on end use, the global motorcycle apparel market has been classified as on-road motorcycle apparel and off-road motorcycle apparel. The on-road motorcycle apparel segment accounted for the larger market share in 2018. There are more on-road than off-road motorcyclists, which is driving the growth of the segment. Moreover, the on-road motorcycle apparel segment is projected to exhibit the higher CAGR during the forecast period.

Based on distribution channel, the global motorcycle apparel market has been segmented into store-based and non-store-based segment. The store-based segment accounted for the larger share of the market in 2018 owing to consumer preference for a one-stop shopping experience. However, the non-store-based segment is projected to register the higher CAGR during the forecast period. Companies find it convenient to reach consumers in different regions through e-commerce, thereby driving the growth of the segment.

Motorcycle Apparel Market Players

Market Research Future recognizes KLIM Industries Inc. (US), KIDO Sports Co. LTD (KIDO Sports) (South Korea), HJC Inc. (South Korea), Foshan Nanhai Xinyuan Helmets Co., Ltd. (China), Lanxi Yema Motorcycle Fittings Co., LTD. (China), Dunham’s Athleisure Corporation (US), Chih Tong Helmet Co., Ltd. (Zhitong Enterprise) (China), Hanil Co., Ltd. (South Korea), Soaring Helmet Corporation (Vega Helmets) (US), and Zhuhai Safety Helmets MFG Co., Ltd. (China) as the key players in the global motorcycle apparel market.

Browse Full Report Details @ https://www.marketresearchfuture.com/reports/motorcycle-apparel-market-7990

Motorcycle Apparel Market Regional Analysis

Geographically, the global motorcycle apparel market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world. As per MRFR analysis, North America dominated the market, accounting for the largest share, in 2018. However, the market in Asia-Pacific is expected to register the highest CAGR of 7.51% during the assessment period. The European market accounted for the second-largest market share in 2018. The market in Europe is estimated to reach USD 3,847.3 million by the end of 2024, with Germany being the leading country-level market.

Mattress Market Trend and Industry Analysis Report 2024

April 1, 2020 by Pradeep  

Global mattress market is estimated to be valued at USD 49,498.8 million by 2024 and is expected to register a CAGR of 7.21% during the forecast period.

The innerspring segment dominated the Global Mattress Market, by type, and is projected to reach usd 18,308.3 million by 2024. This can be attributed to the high sales of innerspring mattresses due to their affordability and comfort. However, the hybrid segment is projected to be the fastest growing during the forecast period.

North America dominated the market, accounting for the largest share of the market in 2017, and the regional market is expected to register a CAGR of 6.50% during the review period. The market in Asia-Pacific was the second largest in 2017. It is projected to reach USD 15,557.5 million by the end of 2024, with China being the leading market.

Related Reports

  • Global Pillow Market: Information by Material (100% Cotton, 100% Bamboo Fiber, 100% Silk, 100% Polyester), Filling Material (Memory Foam, Hollow Fiber, Latex, Microfiber), Shape (Square, U-Shape, Rectangle, Wave, Round, Convex), Feature (Therapy, Cooling, Anit-Static, Anti-Bacteria), Application (Decorative, Sleeping, Bedding, Travel, Massage), & Region—Forecast till 2023 https://www.marketresearchfuture.com/reports/pillow-market-2766

Segment Analysis

The global mattress market has been segmented based on type, end user, and region. Based on type, the market has been divided into memory foam, hybrid, innerspring, latex, gel-filled, and others. The innerspring segment held the majority market share in 2017. However, the hybrid segment is projected to be the fastest-growing, followed by the gel-filled mattress segment. Optimal pressure relief, healthy weight distribution, temperature regulation, high durability, and suitability to all sleep positions are some of the features boosting the popularity of gel-filled mattresses around the world.

Based on end user, the market has been divided into residential and commercial. The residential segment accounted for the larger market share in 2017. The demand for mattresses in residential applications is increasing significantly due to the growing population and increasing number of households in emerging economies. However, the growing number of hotels, motels, five-star resorts, hospitals, schools, and commercial facilities is directly influencing the demand for mattresses for commercial use across the globe. Commercial-use mattresses are offered in custom sizes and sold in bulk.

View Full Research Reports@ https://www.marketresearchfuture.com/reports/mattress-market-7706

Regional Analysis

Geographically, the global mattress market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world. As per MRFR analysis, North America was the largest market for mattresses in 2017 and is expected to remain dominant during the review period. Asia-Pacific accounted for a significant market share in 2017 and is projected to be the second-largest market during the forecast period. The rising demand for hybrid and gel-filled mattresses is a key trend gaining traction in the US mattress market. The US accounted for the largest share of 69.97% of the North American market in 2017 and the country-level market is projected to register a CAGR of 6.32% during the forecast period.

Furniture Market Analysis by Growth, Industry and Forecast 2025

April 1, 2020 by Pradeep  

The global furniture market is estimated to be valued at USD 654.60 billion by 2025 and expected to grow at a CAGR of 2.64% during the forecast period. The wood segment of the furniture accounted for the largest market share in the material type segment. However, melamine segment has been projected to grow at the highest CAGR on account of increasing demand in Asia-Pacific and its low cost.

However, the only bottleneck in a growth trajectory of the global Furniture Industry is the high prevalence of the unorganized sector in the furniture industry.

Among the furniture type, sofas accounted for the largest market share of 23.3% in 2018, closely followed by beds in the second place. However, the cabinets segment is expected to grow with the highest growth rate of 3.00% during the forecast period.

Segment analysis

Global furniture market has been segmented on the basis of type, material type, furniture type, end-use, and region. On the basis of type, the market has been divided into RTA and non-RTA. Ready-to-assemble furniture (RTA), also referred to as knock-down furniture (KD), flat pack furniture, or kit furniture, is a form of furniture that requires customer assembly. The popularity of RTA furniture is rising since it has become consumer-friendly owing to improved materials, hardware, and design innovation. Non-RTA furniture is fully assembled furniture that does not require the need for assembling and are sold by suppliers after completing the required fitting and assembling. The non-RTA furniture is finished with the highest quality and high appeal since it comes assembled from the supplier. The non-RTA accounts for a higher market share compared to the RTA furniture type. However, non-RTA is expected to propel with the highest growth rate of 3.83% during the forecast period.

Based on material type, the global furniture market is segmented into wood, melamine, glass, steel, wrapped panels, finished foils, laminates, and lacquered panels. Wood is one of the most popular and demanded materials for furniture across the globe, owing to its long lifespan. Wood is expected to account for the largest market share of 27.5%, in 2018, among all other material types. Furniture made with melamine have properties such as smooth surface, uniform structure, durable, resistant towards wear and tear, and corrosion resistant caused by general acid, alkali, grease, and alcohol. Melamine furniture also possesses a decorative function since the surface of melamine has a layer of melamine paper, which is artificially controlled by furniture manufactures. Melamine segment is expected to grow with the highest CAGR of 3.10% over the forecast period.

Browse Complete Report Details @ https://www.marketresearchfuture.com/reports/furniture-market-7625

On the basis of furniture type, the global furniture market is segmented into chairs, sofas, tables, beds, cabinets, and others. Sofas are covered with a wide choice of synthetic, natural, or blended fabric. The design, comfort, and elegance of sofas are the critical factors affecting the buying decision of consumers, across the globe. Sofas segment are expected to account for the highest market share of 27.3%, in 2018, followed by beds. However, the cabinets are expected to have the highest growth rate of 3.00%, during the forecast period.

By end-use, the global furniture market has been segmented into commercial and household segments. The household segment accounted for the larger market share of 76.4% in 2018 in comparison to commercial segment. The household segment has been further segmented into kitchen, bedroom, living room, storage, home office, and others. However, the commercial segment is projected to exhibit a higher CAGR of 3.56% during the forecast period.

Athleisure Market Regional Analysis and Forecast to 2023

April 1, 2020 by Pradeep  

According to distribution channel, the market for athleisure has been divided into store-based and non-store-based. The store-based segment which is expected to dominate the athleisure market mainly because of the advantage of touch and feel, which is not the case with online retail. However, online retail for the industry is expected to outplay brick and mortar retail in the coming years due to competitive pricing and buying convenience.

The Athleisure Market is on the rise due increasing involvement of developing nations into sports and fitness activities. Also, the increasing disposable income and active brand promotions has led to the popularity and increased market sales. Athleisure includes apparels such as sneaker, joggers, leggings, hoodies, and many more. Many companies used high-end performance enhancing materials for their making while the many apparels are not defined in their athletic performance enhancing abilities.

Under Armour, Inc. (US), Lululemon Athletica (Canada), Adidas AG (Germany), Nike, Inc. (US), H&M (Switzerland), Eysom (US), Outdoorvoices (US), Ten Thousand, Inc. (US), Isaora (US), Human Performance Engineering (UK).

The Global Athleisure Market has been segmented based on apparel type, end-use, distribution channel, and region.

By apparel type the market is segmented into sneakers, yoga pants, shorts, sports bras, leggings, tights & joggers, sports jackets, and others.

By end-use the market is segmented into men and women.

The global athleisure market has been classified based on distribution channel into store-based and non-store-based.

The global athleisure market has been regionally segmented into North America, Europe, Asia-Pacific, and Rest of the World.

Access Full Report @ https://www.marketresearchfuture.com/reports/athleisure-market-7412

North America is expected to dominate due to higher product awareness and high demand of smart sports apparels and activewear in the region. Europe also has a very high market potential with many millennials and baby boomers opting for trendy sportswear. However, market for Asia-Pacific is expected to propel with the fastest growth rate during the forecast period. Large population size and increasing disposable income in the region are expected to fuel the market of athleisure during the forecast period. Other factors helping the market in the region includes growing awareness related to smart fabrics and increasing participation into sports and gym activities.

Asia Pacific is expected to grow the fastest during the forecast period. Increasing brand awareness mainly due to the celebrity brand endorsements of products and increasing population involvement into health and fitness related activities are some of the reasons for the market growth. China is expected to dominate the Asia Pacific market due to large population size with medium to high disposable income. Asia Pacific is expected to be the fastest growing market for athleisure due to growing disposable income and growing awareness of products due to social media in the region. Also, increasing indulgence into sports and sports related activities in the region is expected to propel the market with the highest growth rate.

Skin Lightening Products Market Regional Analysis Forecast, Supply and Sales to 2023

April 1, 2020 by Pradeep  

Cosmetics & personal care industry has witnessed a substantial growth across the globe. Among the cosmetics, skin lightening products are gaining massive popularity among the consumers owing to the several factors. One of the major benefits offered by skin lightening products is to protect against strong UV rays of the sun due to which the

Based on product type, the global Skin Lightening Products Industry has been segmented into creams & lotions, cleansers & toners, face masks, scrubs, and others. Among the product type, creams & lotions are expected to account for the major market share in the global skin lightening products market throughout the forecast period.

The market of global skin lightening products has been divided based on category into conventional, and organic. Among the category, conventional segment is expected to account for the maximum market share in the global skin lightening products market and projected to witness a moderate growth rate during the forecast period. Economical pricing, and easy availability are the major factors for the rising growth for conventional skin lightening products market.

Based on end user, the global skin lightening products market has been segmented into men, and women. Women segment is estimated to account for the maximum market share in the global skin lightening products market.

Based on the distribution channel, the global skin lightening products market has been segmented into store-based, and non-store-based. Store-based distribution channel is estimated to hold significant market share both in developed and developing economies. Store-based distribution channel is further segmented into supermarkets & hypermarkets, specialty stores, and others. Among the store-based distribution channel, specialty stores segment is projected to witness high growth as compared to the other segments. Major manufacturers of skin lightening products are emphasizing to set up separate stores which cater only the skin lightening products. Moreover, renowned brands have increased their geographic presence through extensive distribution and offering premium skin lightening products in specialty outlets, thereby boosting the global market growth. However, non-store-based distribution channel is projected to expand at a high pace in the near future.

Key Players

Some of the key players in the global skin lightening products market are L'Oréal S.A.(France), Beiersdorf AG (Germany), Unilever PLC (UK), Procter & Gamble Company (US), Shiseido Company (Japan), Estée Lauder Companies Inc.(US), Avon Products Inc.(UK), Kao Corporation (Japan), Lotus Herbals (India), and Clarins group (France).

Browse Complete Report @ https://www.marketresearchfuture.com/reports/skin-lightening-products-market-7309

Regional Analysis

The global skin lightening products market has been segmented by North America, Europe, Asia-Pacific, and the rest of the world.

Asia-Pacific region is expected to retain its dominance throughout the forecast period in the global skin lightening products market. Large population size in the countries of Asia-Pacific region is one of the major factors for the rising growth for skin lightening products in the Asia-Pacific region. Rise in disposable income of the consumers in the developing nations such as India, China, and Indonesia are expected to fuel the sales of skin lightening products during the forecast period. Among the Asia-Pacific, China and India have accounted for significant market share in the year of 2018 and the trend is expected to continue throughout the forecast period. Europe has accounted for approximately 20-30% market share in the global skin lightening products market. Germany and France are the major markets for skin lightening products in Europe.

Rose Oil Market Global Industry Review, Research, Business Statistics and Growth to 2023

April 1, 2020 by Pradeep  

Rose oil has been used in aromatherapy very commonly, due to its fragrance and therapeutic effect. Damascus rose, and centifolia roses are two of the major species, from which rose oil is extracted through the process of solvent extraction and steam distillation. The chemical components used to make the oil are Citronellol, Citronellyl Acetate, Citral, Carvone, Ethanol, Eugenol, Farnesol, Methyl Eugenol, Stearpoten, Nonanal, Nerol, Phenyl Acetaldehyde, Phenyl Geraniol, and Phenylmethyl Acetate. These components help to the overall health of the body in different ways and are, therefore, equally essential for wellbeing.

Based on type, the global rose oil market has been segmented into rose otto and rose absolute. The rose otto segment is anticipated to gain the largest revenue share in the global rose oil market and is expected to maintain the lead throughout the forecast period. Rose otto oil are being used in various applications such as pharmaceuticals, fragrances, cosmetics, toiletries and others due to the health benefits offered by the oil. This is a crucial determinant that is catalyzing the growth of rose otto segment in the global rose oil market. The same segment is expected to grow with the highest growth rate owing to the growth of end-use industries such as cosmetics & toiletries and fragrances and perfumes in which rose otto oil is used.

The global rose oil market has been segregated, by category, into organic and conventional. The conventional segment is expected to garner major share in the global rose oil market owing to the huge availability of conventional rose oil. However, the organic segment is anticipated to project a higher CAGR during the forecast period due to the rising inclination of consumers towards organic products.

The global rose oil market has been segregated, by application, into food & beverages, fragrances & perfumes, cosmetics & toiletries, and others. The cosmetics & toiletries segment is projected to gain largest share in the global rose oil market due to the major application of rose oil in various skincare, make up and personal care products. The antioxidant, antibacterial, astringent, antidepressant, and anti-inflammatory properties of rose oil categorize it as an essential ingredient in different cosmetics and personal care products. However, the fragrances & perfumes segment is anticipated to grow with the highest growth rate during the forecast period owing to the significant growth of fragrances & perfumes sector.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/rose-oil-market-7243

Regional Analysis

The global rose oil market has been segmented on the basis of region, into North America, Europe, Asia-Pacific, Rest of the World.

Europe is expected to dominate the global rose oil market owing to the large production of rose oil in the region. Countries such as are among Bulgaria, Russia and France are the largest producers of rose oil in the region.

Asia-Pacific and RoW rose oil market are expected to grow at a rapid pace due to the surging production and consumption of rose oil in the regions. Moreover, North America is also expected to project a significant market share owing to the increasing awareness regarding the health benefits of rose oil and growing cosmetic and toiletries industry in the region.

Denim Market Growing Industry, Global Insights 2023

April 1, 2020 by Pradeep  

The global market is anticipated to experience 4.60% CAGR owing to the growing preference of denim apparel among the youth, asserts Market Research Future (MRFR). Denim is referred to as a rugged cotton twill textile or a fabric which is used to prepare products such as shirts, jeans, bags, jackets, and other accessories. Evolved from the demand of American goldminers in order to withstand the work stress, has gained huge acceptance especially among the youth population. The first denim manufactured was in the year 1873 by Levi Strauss and Jacob Davis. Today denim is a fashionable and important item in every wardrobe and has become one of the most lucrative businesses across the globe.

Global Denim Market is projected to garner USD 128,643.1 million during the forecast period (2018-2023). Denim market has gained huge acceptance in the fashion industry across the globe. With youth becoming extremely fashion conscious, the spending on branded denims have increased. The increasing preference for denim apparel among the youth is one of the major drivers for the market growth. Also, the augmenting per capita income among the youth is supporting the market to a great extent. Denims are largely preferred due to its durability, comfortable nature, and low maintenance. They are available in formal as well as casual wear, and a wide variety of shades. Such factors have highly influenced the market growth during the assessment period. The growth of e-commerce and organized retail sector has further contributed to the growth of the market. With the growth of several retail chains such as specialty stores, supermarkets, and hypermarkets, the denim market is anticipated to flourish during the estimated period. Development of retail sectors is taking place in tier-2 and tier-3 cities besides major cities, which has further accelerated the reach of denim products. Additionally, with the growing number of shopping malls and availability of denim products through e-commerce have further increased the sales of the market across the globe.

On the flip side, counterfeit products are considered one of the common restraints to the growth of the market. Several popular brands undergo the fight against fake products in the global market. For instance, in August 2017, LEVI’s had filed a complaint in the US district court stating that a group of unnamed defendants had created an e-commerce site selling counterfeit LEVI’s products to the consumers.

Access Report Details @ https://www.marketresearchfuture.com/reports/denim-market-7135

Segmental Analysis

The global denim market has been segmented since type, consumer group, distribution channel, and region.

By mode of type, the global denim market has been segmented into loose fit, slim fit, and others. Loose fit denims account for 34.8% of the market share and is estimated to expand at a moderate rate owing to the texture and comfort it offers. The slim fit denims are considered to retain its dominance during the estimated period owing to the rising preference of the consumers towards skinny fit apparels. The others segment comprises joggers, straight fit, cropped jeans, high waisted jeans, baggy jeans, boot cut, and others. This segment is likely to expand at 4.46% CAGR during the appraisal period.

Licensed Sports Merchandise Market Revenue and Gross Margin, Forecasts to 2025

April 1, 2020 by Pradeep  

Implementation of effective sports marketing helps in achieving financial success of sports clubs and organizations. Major market players are focusing on analyzing the purchasing behavior of the sports fans across the globe and strategizing product launches accordingly.. Events such as FIFA World Cup and National Football League (NFL) are expected to create an attraction among sports lovers which in turn will boost the inclination towards purchasing licensed sports merchandise during the forecast period. Based on product type, the global licensed sports merchandise market has been segmented into sports apparel, sports footwear, sports accessories & toys, videogames, and others. The sports footwear segment is expected to dominate the global licensed sports merchandise market during the forecast period. Rising number of population inclining towards fitness and routine workout has increased the demand for sports footwear as their basic requirement, which is primarily driving the growth of footwear segment. Merchandise footwear sold being licensed by famous celebrities such as Michael Jordan and LeBron James have gained reasonable popularity among urban consumers across the globe. Other sports include baseball including shoes by Derek Jeter and Hockey including National Hockey League (NHL) logo. However, the sports accessories & toys segment is expected to gain the fastest growth in the global licensed sports merchandise market. The technological advancements such as 3D printing in wide variety of sports accessories have enhanced the product appearance leading to an increased demand for 3D printedlicensed sports keychain, ball, celebrity figures, team flags and many more. The global licensed sports merchandise market has been divided, by price range, into premium and economic. The economic segment is expected to dominate the global licensed sports merchandise market during the assessment period due to its affordability by large group of population across the globe. However, with growing passion for sports and rising per capita disposable income of consumers across the globe, the premium segment is projected to record the highest CAGR during the forecast period. The global market for licensed sports merchandise has also been classified, by distribution channel, into store-based and non-store based. The store based segment has been further segregated into hypermarkets and supermarkets, convenience stores, specialty stores, and others. The store-based segment is expected to generate higher revenue, with the hypermarkets and supermarkets sub-segment being the largest due to strong vendor networks, high product appeal due to lucrative packaging and feel of the product. The non-store-based segment is expected to register the higher CAGR during the assessment period owing to technological advancements in the e-commerce industry and growing consumer preference for online purchase. Regional Analysis The global licensed sports merchandise market has been segmented by North America, Europe, Asia-Pacific, and the rest of the world. The licensed sports merchandise market in North America is expected to dominate during the forecast period due to high participation of American population in popular sports such as baseball and soccer. Growing fan following of popular teams such a Dallas Cowboys and Chicago Bulls are expected to boost the demand for licensed sports merchandise market in North America during the forecast period. Asia-Pacific is expected to be the fastest growing region in the licensed sports merchandise market during the forecast period. Rising popularity of various international sports among the teenagers owing to increasing adoption of cross-cultural fashion trends are expected to fuel the licensed sports merchandise market in the region during the forecast period. Browse Complete Report @ https://www.marketresearchfuture.com/reports/licensed-sports-merchandise-market-7068 Segmentation The global licensed sports merchandise market has been segmented based on product type, price range, distribution channel, and region. By product type, the global licensed sports merchandise market has been segregated into sports apparel, sports footwear, sports accessories & toys, videogames, and others. The global licensed sports merchandise market has been classified as price range into premium and economic. On the basis of distribution channel, the global licensed sports merchandise market has been divided into store based and non-store based. The store-based segment has been further segregated into hypermarkets and supermarkets, specialty stores, and others. Key Player Some of the key players in the global licensed sports merchandise market are Nike, Inc. (US), Adidas AG (Germany), Puma SE (Germany), Sports Direct International plc (UK), Fanatics, Inc. (US), Ralph Lauren Corporation (US), Quiksilver, Inc. (US), G-III Apparel Group (US), Li Ning (China) (and Knights Apparel, Inc. (US).