Published on : Oct 18, 2018
Albany, New York, October 18, 2018: Market Research Hub (MRH) has included a new study titled “Functional Apparel Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026”, to its vast online repository. This assessment centers on the current and future market status for functional apparel, with a stern focus on market dynamics during the period until 2026. According to research findings, the global functional apparel market is likely to rise at 6% CAGR during the stated forecast period.
Functional apparel are basically apparel that are designed with integrated functions of adjusting or controlling based on the application at hand. These apparels include all types of assemblies which are specifically planned to provide a pre-defined function to the users. It does include protection from tough environmental conditions as well as safety against extreme hazards. As per report specifics, major factors steering growth in the global functional apparel market is due to the swelling demand for application-specific, high-performance apparel and footwear merged with the growing participation in fitness and sports activities.
This report starts with the market definition and scope followed by key research objectives and research highlights. Further, readers can acquire information associated to market overview that includes vital aspects such as market drivers, restraints, opportunities and trends. In addition, data associated to value chain analysis, Porter’s Five Forces analysis and technological overview is also available in this section of the report. The global functional apparel market is split on the basis of type, finishing, fabric and geography. Each of these segments are analyzed in terms of market size (US$ Mn) forecast, comparison matrix and incremental opportunity analysis.
One of the major advantages of using functional apparel is due to the presence of highly engineered fabrics that offer protection against heat, radiation, extreme cold and chemicals. Moreover, they possess special application potential that is suitable to match with the technologically advanced world. The final section of the report discusses the competition landscape which includes competition matrix, market share analysis targeting major players from the global functional apparel market. From the competition matrix, readers can learn about the leading players, who are benchmarked based on their potential and capabilities to grow. Some of the prime manufacturers outlined in the global functional apparel market include names like Adidas, Calvin Klein, Asics Corporation, HanesBrands Inc., Icebreaker, Head, Jockey International, Nike Inc., MIZUNO Corporation, Puma SE, Skechers USA Inc., Russell Brands, LLC, Umbro, and Under Armour Inc. and Umbro.
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