Global Functional Apparel Market Is Expected To Reach Around USD 616.3 Billion By 2032

Zion Market Research has published a new report titled “Functional Apparel Market By Type (Sportswear, Outdoor Clothing, Innerwear, Footwear, Socks, and Swimwear), By Fabric (Conventional and Specialty), and By Finishing (Water-Resistant, Anti-Microbial, Wicking, Stain-Resistant, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024–2032”. According to the report, the global functional apparel market accounted for USD 334.7 billion in 2023 and is expected to reach USD 616.3 billion by 2032, growing at a CAGR of 7.14% between 2024 and 2032.

Functional apparels are designed to perform specific functions according to varied consumer requirements. These requirements may be ensuring protection against heat and water while engaging in some sporting activities. These apparel have gained popularity in recent times, due to the comfort they offer.

Browse the full “Functional Apparel Market By Type (Sportswear, Outdoor Clothing, Innerwear, Footwear, Socks, And Swimwear), By Fabric (Conventional And Specialty), By Finishing (Water-Resistant, Anti-Microbial, Wicking, Stain-Resistant, And Others), And By Region: Global Industry Perspective, Comprehensive Analysis, And Forecast, 2024-2032” Report at https://www.zionmarketresearch.com/report/functional-apparel-market

The global functional apparel market is expected to show significant growth in the future, owing to the growing participation in fitness and sports activities due to increased health-consciousness of the global population. These apparels help athletes to stay dry by absorbing their sweat. Moreover, the increase in disposable income and changing lifestyle along with increasing urbanization are also contributing to the functional apparel market significantly. However, the high prices of these apparels due to their lightweightness and high durability and duplicity of apparels may restrain this market to some extent.

The global functional apparel market is fragmented based on type, fabric, and finishing. On the basis of type, the market includes footwear, innerwear, socks, outdoor clothing, sportswear, and swimwear. Innerwear and socks are expected to show substantial growth, due to increasing skin allergies like rashes, fungal infections, etc. Footwear and sportswear segments continue to dominate the market, due to the increasing participation in sports and fitness activities.

On the basis of the fabric, the global functional apparel market comprises conventional and specialty fabrics. Conventional fabric is further categorized into cotton, polypropylene, bamboo, polyester, and wool. Specialty fabric includes spandex and neoprene. Specialty fabric is gaining popularity in recent years, due to the increasing consumer demand consumers for application-based fabrics, such as manufacturing diapers, undergarments, thermal-wear, and sportswear. Conventional fabric dominates the market and is expected to grow at a notable CAGR over the forecast time period, due to its application in the manufacturing of casual t-shirts and lowers.

By finishing, the market for functional apparel includes stain-resistant, water-resistant, anti-microbial, wicking, and others. Water-resistant finishing is likely to show prominent market growth in the years ahead, owing to its increasing application in sportswear clothing. Anti-microbial finishing is also expected to show robust growth, due to an increase in skin allergies and fungal infections.

North America dominates the functional apparel market globally, due to the increase in sports and fitness activities across the region. Thus, the growing consumer demand for anti-microbial, sweat-free, and anti-odor sportswear and footwear is observed. Europe is expected to show substantial growth in the functional apparel market globally over the forecast time period, owing to an increase in the awareness about health and fitness.

Some major players operating in the functional apparel market are Asics Corporation, Nike, Calvin Klein, Adidas, Jockey International, Russell Brands, Under Armour, MIZUNO Corporation, and Umbro.

This report segments the global functional apparel market into:

Global Functional Apparel Market: Type Analysis

• Sportswear
• Outdoor Clothing
• Innerwear
• Footwear
• Socks
• Swimwear

Global Functional Apparel Market: Fabric Analysis

• Conventional
• Specialty

Global Functional Apparel Market: Finishing Analysis

• Water-Resistant
• Anti-Microbial
• Wicking
• Stain-Resistant
• Others

Global Functional Apparel Market: Regional Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa

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