Global sports apparel market to grow at a CAGR of 4.32 per cent over the period 2014-2019. TechNavio’s analysts forecast claimed in a report that growing interest in sports activities, fitness consciousness, rising income levels in developing countries, the growing popularity of sports apparel for women as well as the trend towards stylish and comfortable sportswear are the main reason for this growth while availability of counterfeit products is the biggest challenge for the same. Key vendors of this segment will remain Adidas, Lululemon Athletica, Nike, Puma and Under Armour. The global sports apparel market was worth US $ 135 billion in 2012.
