Sportswear market in Germany to grow by USD 3.36 Bn, Physical and mental fitness benefits associated with extreme sports to boost market growth - Technavio

NEW YORK, Oct. 17, 2022  /PRNewswire/ -- The sportswear market in Germany is expected to grow by USD 3.36 billion during 2021-2026, at a CAGR of 5.65% during the forecast period. The market is driven by the Physical and mental fitness benefits associated with extreme sports. In addition, the is anticipated to boost the growth of the Sportswear Market in Germany.

Major Five Sportswear in Germany Companies:

• adidas AG: The company offers sportswear that includes shoes, sweatshirts, joggers, tracksuits, hoodies, and many more products, under the brand name of Adidas.
• hummel AS: The company offers sportswear that includes jerseys, pants, shorts, sports bras, tights, and many more products for men, women, and kids, under the brand name Hummel.
• Jako AG: The company offers sportswear that includes trousers, hooded jackets, t-shirts, and caps for men, women, and kids, under the brand name Jako.
• ORTLIEB Sportartikel GmbH: The company offers sportswear that includes bike bags and backpacks for outdoors which are waterproof, durable, highly functional, and sustainably produced, under the brand name of Ortlieb.
• Otto Group: The company offers sportswear that includes shirts, pants, hoodies, jerseys, and many more products for men, women, and kids, under the brand name OTTO.

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Technavio categorizes the Sportswear Market in Germany as a part of the global Apparel, Accessories & Luxury Goods market within the global consumer discretionary market. External factors influencing the parent market's growth potential in the coming years have been thoroughly investigated in our research analysis, to know more about the levels of growth of the Sportswear Market in Germany throughout the forecast period.

The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of the Sportswear Market in Germany includes the following core components:

• Inputs
• Inbound logistics
• Operations
• Outbound logistics
• Marketing and sales
• Service

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• Product 
• Apparel
• Footwear
• Wearables
• Distribution channel 
• Offline
• Online

Germany will account for all market growth. The sportswear market in Germany is mostly based in Germany. The research provides a current review of the market's geographic distribution. Germany has experienced tremendous growth and is anticipated to provide market suppliers with a number of prospects for expansion during the anticipated timeframe. Over the projection period, the development of the main rivals' marketing tactics will support the expansion of the German sportswear market. Download Free Sample Report.

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Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market Definition
• Market segment analysis
• Market size 2021
• Market outlook: Forecast for 2021 - 2026

Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product
• Apparel - Market size and forecast 2021-2026
• Footwear - Market size and forecast 2021-2026
• Wearables - Market size and forecast 2021-2026
• Market opportunity by Product

Market Segmentation by Distribution channel

• Market segments
• Comparison by Distribution channel
• Offline - Market size and forecast 2021-2026
• Online - Market size and forecast 2021-2026
• Market opportunity by Distribution channel

Customer landscape

• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• adidas AG
• hummel AS
• Jako AG
• ORTLIEB Sportartikel GmbH
• Otto Group
• PUMA SE
• Reusch International SpA AG
• Schoffel Sportbekleidung GmbH
• uhlsport GmbH
• VAUDE Sport GmbH and Co. KG

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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SOURCE Technavio