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Badminton Apparel Market Revenue To Hit $29.5 Billion By 2028 Owing To Rising Interest of Kids in Sports And Increasing Number of National & International Tournaments | Million Insights

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Badminton Apparel Market Revenue To Hit $29.5 Billion By 2028 Owing To Rising Interest of Kids in Sports And Increasing Number of National & International Tournaments | Million Insights

March 10
05:32 2022
Badminton Apparel Market Revenue To Hit $29.5 Billion By 2028 Owing To Rising Interest of Kids in Sports And Increasing Number of National & International Tournaments | Million Insights
Million Insights – World’s Fastest Growing Market Research Database
According to new report available with Million Insights, the global badminton apparel industry report provides a detailed evaluation of the industry by highlighting information on different aspects which include drivers, restraints, growth opportunities, and threats.

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.

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.

Click Here To Request Free Demo of Badminton Apparel Market Report: https://www.millioninsights.com/snapshots/badminton-apparel-market-report/request-demo

                        U.S. Badminton Apparel Market size, by distribution channel, 2018 - 2028 (USD Billion)                             

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.

To browse report summary & detailed TOC, please click the link below:
https://www.millioninsights.com/snapshots/badminton-apparel-market-report

                       Global Badminton Apparel Market share, by product, 2020 (%)              

Badminton Apparel Market Report Highlights:

• Asia Pacific is expected to expand at the highest CAGR from 2021 to 2028. The growing population, the presence of a large number of participants, and rising badminton fans are boosting the market growth in this region

• The skirts product segment is expected to exhibit 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

• The female gender segment is estimated to register the fastest CAGR of 6.9% from 2021 to 2028. With the cultural and political shifts from traditions, females have shown that they are capable of achieving success in sports

• The online distribution channel is projected to register the fastest 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 the simplicity and convenience

Badminton Apparel Market Segmentation

Million Insights has segmented the global badminton apparel market on the basis of product, gender, distribution channel, and region:

Badminton Apparel Product Outlook (Revenue, USD Million, 2017 – 2028)

  • T-shirts
  • Skirts
  • Shorts
  • Others

Badminton Apparel Gender Outlook (Revenue, USD Million, 2017 – 2028)

  • Male
  • Female

Badminton Apparel Distribution Channel Outlook (Revenue, USD Million, 2017 – 2028)

  • Offline
  • Online

Badminton Apparel Regional Outlook (Revenue, USD Million, 2017 – 2028)

  • North America
    • U.S.
  • Europe
    • Germany
    • France
    • U.K.
  • Asia Pacific
    • China
    • Japan
    • India
  • Central & South America
    • Brazil
  • Middle East & Africa
    • South Africa

List of Key Players of Badminton Apparel Market

  • Adidas AG
  • Mizuno Badminton
  • Li Ning (China) Sports Goods Co., Ltd.
  • YONEX Co., Ltd.
  • Babolat
  • Apacs Sports
  • RSL International
  • Ruby Glamour Sdn Bhd
  • FZ Forza
  • VICTOR RACKETS IND.CORP.

Read the Related Snapshots Press Releases by Million Insights:

• Children Sports And Swimwear Market: The global children sports & swimwear market size is expected to reach USD 45.62 billion by 2028, registering a CAGR of 10.4% over the forecast period.

• Winter Sports Equipment Market: The global winter sports equipment market size is expected to reach USD 22.2 billion by 2028, registering a CAGR of 6.5% over the forecast period.

About Million Insights:

Million Insights, is a market research and consulting company, provides syndicated as well as customized research reports and consulting services. We have a comprehensive marketplace, that will enable you to compare data points, before you make a purchase. Enabling informed buying, is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

Media Contact
Company Name: Million Insights
Contact Person: Ryan Manuel
Email: Send Email
Phone: 91-20-65300184
Address:Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar
City: Pune
State: Maharashtra
Country: India
Website: https://www.millioninsights.com/snapshots/badminton-apparel-market-report

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