Global Triathlon Clothing Market is valued at approximately USD 1.76 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 8.5% over the forecast period 2022-2029. Triathlon clothing combines the latest developments in swim, running, and cycle apparel. This clothing is generally used to be snug fitting for lessening drag. After swimming, the bike and run leg should be comfortable, thus it needs to be hydrodynamic and dry rapidly. Factors such as rising inclination towards sporting functions and events, the growing popularity of triathlons and surge in participation by kids and women, coupled with the increasing awareness about sports are the key driving factors for the market growth around the world.
The rising number of government initiatives for developing sports infrastructure across various regions is bolstering the market growth on the global market. For instance, the State General Sports Administration of China, the Ministry of Industry and Information Technology of the Chinese government, and nine departments jointly released an action plan for building the domestic sports industry infrastructure in June 2019. The demand for sportswear in the nation is anticipated to increase as a result of this plan. Thus, this factor is playing a significant role in raising consumer awareness of domestic sporting events, which is augmenting market growth at a substantial rate. Moreover, the rising initiatives by the key market players, as well as the increasing availability of products on various e-commerce platforms are presenting various lucrative opportunities over the forecasting years. However, the high cost and lack of awareness are challenging the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Triathlon Clothing Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the growing research and development spending on textiles and the rising number of various leading competitors. Whereas, Europe is expected to grow with the highest CAGR during the forecast period, owing to factors such as the rising number of triathlon events, as well as increased consumer expenditure in the market space.
Major market players included in this report are:
- Zone3 Ltd.
- Zoot Sports
- De Soto Clothing Company, Inc
- Louis Garneau Sports
- Fanatics Inc.
- 2XU
- Pearl Izumi
- Orca
- Kiwami Triathlon
- TYR SPORT. INC.
Recent Developments in the Market:
- In April 2022, Zone3 Ltd. declared the introduction of a breaststroke wetsuit. The product was created in response to the high demand for something to swim front crawl and breaststroke with. For open-water swimmers, it is anticipated to become necessary clothing.
Global Triathlon Clothing Market Report Scope:
- Historical Data: 2019-2020-2021
- Base Year for Estimation: 2021
- Forecast period: 2022-2029
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Type, Application, Distribution Channel, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Type:
- Tri Tops
- Tri Shorts
- Tri Suits
By Application:
By Distribution Channel:
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- RoLA
- Rest of the World
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Triathlon Clothing Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Triathlon Clothing Market, by Type, 2019-2029 (USD Billion)
- 1.2.3. Triathlon Clothing Market, by Application, 2019-2029 (USD Billion)
- 1.2.4. Triathlon Clothing Market, by Distribution Channel, 2019-2029 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Triathlon Clothing Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Triathlon Clothing Market Dynamics
- 3.1. Triathlon Clothing Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing number of government initiatives for developing sports infrastructure
- 3.1.1.2. Rising inclination towards sporting functions and events
- 3.1.2. Market Challenges
- 3.1.2.1. High cost associated with Triathlon Clothing
- 3.1.2.2. Lack of awareness
- 3.1.3. Market Opportunities
- 3.1.3.1. Rising initiatives by the key market players
- 3.1.3.2. Increasing availability of products on various e-commerce platforms
Chapter 4. Global Triathlon Clothing Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. Industry Experts Prospective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Triathlon Clothing Market, by Type
- 6.1. Market Snapshot
- 6.2. Global Triathlon Clothing Market by Type, Performance - Potential Analysis
- 6.3. Global Triathlon Clothing Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
- 6.4. Triathlon Clothing Market, Sub Segment Analysis
- 6.4.1. Tri Tops
- 6.4.2. Tri Shorts
- 6.4.3. Tri Suits
Chapter 7. Global Triathlon Clothing Market, by Application
- 7.1. Market Snapshot
- 7.2. Global Triathlon Clothing Market by Application, Performance - Potential Analysis
- 7.3. Global Triathlon Clothing Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
- 7.4. Triathlon Clothing Market, Sub Segment Analysis
Chapter 8. Global Triathlon Clothing Market, by Distribution Channel
- 8.1. Market Snapshot
- 8.2. Global Triathlon Clothing Market by Distribution Channel, Performance - Potential Analysis
- 8.3. Global Triathlon Clothing Market Estimates & Forecasts by Distribution Channel 2019-2029 (USD Billion)
- 8.4. Triathlon Clothing Market, Sub Segment Analysis
- 8.4.1. Online
- 8.4.2. Offline
Chapter 9. Global Triathlon Clothing Market, Regional Analysis
- 9.1. Triathlon Clothing Market, Regional Market Snapshot
- 9.2. North America Triathlon Clothing Market
- 9.2.1. U.S. Triathlon Clothing Market
- 9.2.1.1. Type breakdown estimates & forecasts, 2019-2029
- 9.2.1.2. Application breakdown estimates & forecasts, 2019-2029
- 9.2.1.3. Distribution Channel breakdown estimates & forecasts, 2019-2029
- 9.2.2. Canada Triathlon Clothing Market
- 9.3. Europe Triathlon Clothing Market Snapshot
- 9.3.1. U.K. Triathlon Clothing Market
- 9.3.2. Germany Triathlon Clothing Market
- 9.3.3. France Triathlon Clothing Market
- 9.3.4. Spain Triathlon Clothing Market
- 9.3.5. Italy Triathlon Clothing Market
- 9.3.6. Rest of Europe Triathlon Clothing Market
- 9.4. Asia-Pacific Triathlon Clothing Market Snapshot
- 9.4.1. China Triathlon Clothing Market
- 9.4.2. India Triathlon Clothing Market
- 9.4.3. Japan Triathlon Clothing Market
- 9.4.4. Australia Triathlon Clothing Market
- 9.4.5. South Korea Triathlon Clothing Market
- 9.4.6. Rest of Asia Pacific Triathlon Clothing Market
- 9.5. Latin America Triathlon Clothing Market Snapshot
- 9.5.1. Brazil Triathlon Clothing Market
- 9.5.2. Mexico Triathlon Clothing Market
- 9.5.3. Rest of Latin America Triathlon Clothing Market
- 9.6. Rest of The World Triathlon Clothing Market
Chapter 10. Competitive Intelligence
- 10.1. Top Market Strategies
- 10.2. Company Profiles
- 10.2.1. Zone3 Ltd.
- 10.2.1.1. Key Information
- 10.2.1.2. Overview
- 10.2.1.3. Financial (Subject to Data Availability)
- 10.2.1.4. Product Summary
- 10.2.1.5. Recent Developments
- 10.2.2. Zoot Sports
- 10.2.3. De Soto Clothing Company, Inc
- 10.2.4. Louis Garneau Sports
- 10.2.5. Fanatics Inc.
- 10.2.6. 2XU
- 10.2.7. Pearl Izumi
- 10.2.8. Orca
- 10.2.9. Kiwami Triathlon
- 10.2.10. TYR SPORT. INC.
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- 11.3. Research Assumption