The global Base layer Market is expected to reach USD 9.91 Billion by 2026, according to a new report by Reports and Data. This can be mainly associated with the high end property and growing functions of base layers as well as the increasing participation in sports due to media coverage of important sports events globally. Based on statistics, increased fitness activities and growing health awareness is expected to become the most common growth interest globally in the coming years. Rising growth in health awareness and increasing incidences of fitness activities are also significant factors stimulating market demand.
North America is accounted
to be the largest market for Base layer with a share of ~35 % in 2018, and is
expected to reach USD 3.67 billion by 2026. Due to the increasing consumption
and growing fitness awareness worldwide and the increasing concern about health
and fitness activities, the North America region is growing rapidly.
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Key
participants include Under Armour
Inc., The North Face, Inc, The Columbia Sportswear Company, W. L. Gore and
Associates, Odlo, Anta Sports Products Limited, Helly Hansen, Mizuno
Corporation, Rab, Li-Ning, Skins, Tommie Copper, Icebreaker, Arc'teryx,
Icebreaker, Adidas and Nike
Further
key findings from the report suggest
- Lightweight type base layer is gaining
popularity and has the largest market share of 55.30% in 2018. Since
wearing a tight-fitting base layer can reduce muscle osculation, it helps
to prevent injury and improves energy savings. These products are intended
to develop blood flow which improves oxygen delivery. This in turn, helps
to reduce muscle exhaustion and potentially allow playing longer and
training harder.
- After the lightweight base layer, the
mid-weight segment is expected to dominate the market due to its quality
and popularity and is projected to grow at a CAGR of 3.7%.
- They will commonly act as a first next-to-skin
layer, but may also serve as a second layer over a lighter material.
Providing insulation and moisture wicking both, mid-weight materials blend
well with layered outfits, and also providing enough protection during
cold temperatures when combined with medium levels of activity.
- The latest trend that is achieving momentum in
the market is the rise in the rate of women's participation and so the
woman base layer segment is projected to grow at a CAGR of 3.8 %. The
increasing number of women participating in football is driving the demand
for football equipment globally therefore aiding to the growth of the women
base layer market. The increasing popularity of football among women and
health awareness are attracting more women to take up this sport.
- Man’s base layer in the product segment is
accounted for ~33% of the market share in 2018. Factors that are helping
in the growth of the market are the superior characteristics and enhanced
participation in sports due to global media coverage of important sports
events and functionalities of base layers.
- Europe is considered to be the second largest
market for Base layer with a share of ~32% in 2018, due to the increasing
participation in various sports and enhanced consumption. APAC is
estimated to register the highest CAGR of 3.2%, during the forecast
period.
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For
the purpose of this report, Reports and Data have segmented global Base layer
Market on the basis of Product, Type, Application, Material type, Marketing
type and region:
Product Outlook (Volume, Kilo Tons; and
Revenue, USD Million; 2016-2026)
- Woman Base Layer
- Man Base Layer
- Kids Base Layer
Type Outlook (Volume, Kilo Tons; and
Revenue, USD Million; 2016-2026)
- Light weight
- Mid weight
- Heavy weight
Application Outlook (Volume, Kilo
Tons; and Revenue, USD Million; 2016-2026)
- Ball Sports
- Non-ball Sports
- Life Style
- Leisure time
- Other
Material type Outlook (Volume, Kilo
Tons; and Revenue, USD Million; 2016-2026)
- Synthetic Base Layers
- Merino Wool Base Layers
- Bamboo Base Layers
Marketing type Outlook (Volume, Kilo
Tons; and Revenue, USD Million; 2016-2026)
- Retail stores
- E-commerce
- Wholesale
Regional Outlook (Volume, Kilo Tons; and
Revenue, USD Million; 2016-2026)
- North America
- Europe
- Asia Pacific
- Latin America
- MEA
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Key
Features of the Base Layer Market Report:
·
Detailed assessment and exhaustive
understanding of the Base Layer Market
·
Significant insights into manufacturing
processes, major barriers, and risks
·
8-year forecast estimation to offer
information about the market size and market share on the global and regional
levels
·
Evaluation of the key drivers, restraints,
growth opportunities, threats, limitations, barriers, and other key elements
·
Identification of growth prospects and
potential for the Base Layer industry
·
Comprehensive analysis of the key market
players and their strategies
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