As per a Technavio report, the global activewear apparel market is set to grow at 11 per cent CAGR to reach $157.1 billion by 2024. The market is fragmented, and degree of fragmentation will accelerate during the forecast period. adidas AG, ASICS Corp., Columbia Sportswear Co., Dick's Sporting Goods Inc, G-III Apparel Group, Gildan Activewear Inc, Hanesbrands Inc, Nike Inc, Puma SE, PVH Corp., and VF Corp are some of the major participants in the market. Increasing sports events and tournaments will offer these immense opportunities for growth. To leverage these opportunities, they need to strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help businesses improve market position, the Techanvio report provides a detailed analyzes around 25 vendors operating in the market. Some of these vendors include adidas AG, ASICS Corp., Columbia Sportswear Co, Dick's Sporting Goods Inc, G-III Apparel Group, Gildan Activewear Inc, Hanesbrands Inc, Nike Inc, Puma SE, PVH Corp, and VF Corp.