Baselayer Compression Shirts Market New Opportunities For Industry Growth And Forecast To 2025 : Grand View Research Inc.

Baselayer Compression Shirts Market.jpg
San Francisco, 13 December 2019: The Report Baselayer Compression Shirts Market Size, Share & Trends Analysis Report By End User (Male, Female), By Distribution Channel (Hypermarket & Supermarket, Specialty Stores, Online), By Region, And Segment Forecasts, 2019 – 2025

The global baselayer compression shirts market size is expected to reach USD 507.2 million by 2025 registering a CAGR of 5.1%, according to a new report by Grand View Research, Inc. Rising popularity of various sports activities and awareness about following a healthy lifestyle are boosting the growth of this market. Rising demand for these products owing to their temperature control, compression, and moisture wicking properties is also likely to drive the market growth over the forecast period.

In addition, increased awareness about the availability of advanced products is supporting the market growth. Impact of social media and digital marketing will drive the market further. The female end-user segment is estimated to register the fastest CAGR of 5.3% from 2019 to 2025. Online channel of distribution is the fastest-growing segment. It is estimated to register a CAGR of 5.9% during the forecast period. The growth can be attributed to the high impact of digital media and marketing.

Rising number of internet and smartphones users, particularly in developing economies, such as China, India, and Brazil, will fuel the product sales through online platforms. Moreover, availability of a wide range of product at discounted prices will boost the segment growth. North America was the dominant regional market in 2018 and accounted for a share of more than 38%. In addition, popularity of sports championships, such as National Basketball Association, National Football Association, and National Hockey League, will augment the market growth in this region.

Access Research Report of Baselayer Compression Shirts Market @ https://www.grandviewresearch.com/industry-analysis/baselayer-compression-shirts-market

Further key findings from the study suggest:
  • In terms of revenue, the female end-user segment is projected to ascend at the fastest CAGR of 5.3% over the forecast years
  • Specialty stores distribution channel segment led the global baselayer compression shirts market in 2018 with an overall revenue share of more than 58%
  • North America is the dominant regional market. However, Asia Pacific is expected to register the maximum growth rate during the forecast years
  • Some of the key companies in this market are Nike, Inc.; Spanx, Inc.; Adidas AG; Leonisa SA; Ann Chery; 2XU Pty. Ltd.; Under Armour, Inc.; Zensah; Skins International Trading AG
Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/clothing-footwear-and-accessories

Grand View Research has segmented the global baselayer compression shirts market on the basis of end user, distribution channel, and region:
Baselayer Compression Shirts End User Outlook (Revenue, USD Million, 2015 - 2025)
  • Male
  • Female
Baselayer Compression Shirts Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)
  • Hypermarket & Supermarket
  • Specialty Store
  • Online
  • Others
Baselayer Compression Shirts Regional Outlook (Revenue, USD Million, 2015 - 2025)
  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa
Access Press Release of Baselayer Compression Shirts Market @ https://www.grandviewresearch.com/press-release/global-baselayer-compression-shirts-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

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