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Mexico Sportswear Market Size, Share, Trends, Growth, Report: By Product Type: Footwear, Apparel, Wearables; By End User: Men, Women, Children; By Distribution Channel: Online, Offline; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; 2024-2032
Mexico Sportswear Market Outlook
The Mexico sportswear market size is projected to grow at a CAGR of 5.2% between 2024 and 2032. The market is being driven by the rising prevalence of obesity and the increasing health-consciousness in Mexico.
Key Takeaways:
- 1/10 garments owned by an average Mexican is sportswear, which is set to increase over the forecast period.
- Wearables are expected to constitute a major portion of the Mexico sportswear market share.
- Sustainability is one of the key trends influencing the market growth.
The rising prevalence of obesity among Mexicans is prompting a shift towards daily exercise, thereby necessitating the demand for comfortable, durable, and good quality active wear. Natural fabrics like cotton are expected to dominate the Mexico sportswear market share in upcoming years as they are easy to wash and keep the body cool during sweaty workouts.
Many young people are also adopting the trend of casualisation of wardrobe as it enables them to always feel comfortable and stylish. Hence, the growing trend of athleisure is expected to contribute to the Mexico sportswear market expansion in the coming years.
Innovations in sportswear designing are also accelerating the Mexico sportswear market growth. There is an increasing integration of smart technologies like temperature management, moisture control, and odour resistance in sportswear as customers are seeking multifunctional fabrics that can serve their clothing requirements for both indoor and outdoor purposes.
By educating consumers about sports, active wear companies can boost their product knowledge while enhancing the in-store shopping experience for consumers. The proliferation of online channels, which provide guaranteed product deliveries at no extra cost, is also expected to drive the Mexico sportswear market development in the forecast period.
Market Segmentation
Mexico Sportswear Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
- Footwear
- Apparel
- Wearables
Market Breakup by End User
- Men
- Women
- Children
Market Breakup by Distribution Channel
- Online
- Offline
Market Breakup by Region
- Baja California
- Northern Mexico
- The Bajío
- Central Mexico
- Pacific Coast
- Yucatan Peninsula
The key Mexico sportswear market players are Under Armour, Inc., Adidas AG, Reebok International Limited, H & M Hennes & Mauritz AB, PUMA SE, Fila Holdings Corp., Columbia Sportswear Company, PVH Corp., Decathlon USA LLC, and Gymshark Limited, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product Type |
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| Breakup by End User |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Latin America Sportswear Market Overview
8.1 Key Industry Highlights
8.2 Latin America Sportswear Historical Market (2018-2023)
8.3 Latin America Sportswear Market Forecast (2024-2032)
9 Mexico Sportswear Market Overview
9.1 Key Industry Highlights
9.2 Mexico Sportswear Historical Market (2018-2023)
9.3 Mexico Sportswear Market Forecast (2024-2032)
10 Mexico Sportswear Market by Product Type
10.1 Footwear
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Apparel
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Wearables
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
11 Mexico Sportswear Market by End User
11.1 Men
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Women
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Children
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
12 Mexico Sportswear Market by Distribution Channel
12.1 Online
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Offline
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
13 Mexico Sportswear Market by Region
13.1 Baja California
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Northern Mexico
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 The Bajío
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Central Mexico
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Pacific Coast
13.5.1 Historical Trend (2018-2023)
13.5.2 Forecast Trend (2024-2032)
13.6 Yucatan Peninsula
13.6.1 Historical Trend (2018-2023)
13.6.2 Forecast Trend (2024-2032)
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyers Powers
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Under Armour, Inc.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Adidas AG
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Reebok International Limited
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 H & M Hennes & Mauritz AB
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 PUMA SE
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Fila Holdings Corp.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Columbia Sportswear Company
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 PVH Corp.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Decathlon USA LLC
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Gymshark Limited
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Latin America Sportswear Market: Key Industry Highlights, 2018 and 2032
2. Mexico Sportswear Market: Key Industry Highlights, 2018 and 2032
3. Mexico Sportswear Historical Market: Breakup by Product Type (USD Million), 2018-2023
4. Mexico Sportswear Market Forecast: Breakup by Product Type (USD Million), 2024-2032
5. Mexico Sportswear Historical Market: Breakup by End User (USD Million), 2018-2023
6. Mexico Sportswear Market Forecast: Breakup by End User (USD Million), 2024-2032
7. Mexico Sportswear Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
8. Mexico Sportswear Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
9. Mexico Sportswear Historical Market: Breakup by Region (USD Million), 2018-2023
10. Mexico Sportswear Market Forecast: Breakup by Region (USD Million), 2024-2032
11. Mexico Sportswear Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 5.2% between 2024 and 2032.
The different distribution channels in the market include online and offline.
The major end users of sportswear include men, women, and children.
The different types of sportswear considered in the market report are footwear, apparel, and wearables.
The major regions in the market include Baja California, Northern Mexico, The Bajío, Central Mexico, Pacific Coast, and Yucatan Peninsula.
The key market players are Under Armour, Inc., Adidas AG, Reebok International Limited, H & M Hennes & Mauritz AB, PUMA SE, Fila Holdings Corp., Columbia Sportswear Company, PVH Corp., Decathlon USA LLC, and Gymshark Limited, among others.
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