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Sports & Swimwear - Eastern Asia

Eastern Asia
  • In 2024, the Eastern Asian market segment for Sports & Swimwear market generated a revenue of US$5.41bn.
  • This market segment is projected to experience an annual growth rate of 5.83% (CAGR 2024-2029).
  • When compared globally, United States leads in revenue generation with US$13bn in 2024.
  • Considering the total population figures, the per person revenue in the Sports & Swimwear market is estimated to be US$3.31 in 2024.
  • Looking ahead to 2029, the volume in the Sports & Swimwear market is expected to reach 420.5m pieces units.
  • Additionally, there is a projected volume growth of 4.0% units in 2025.0.
  • Furthermore, the average volume per person in the Sports & Swimwear market is forecasted to be 0.2pieces units in 2024.
  • In Eastern Asia, Japan is leading the market for sports and swimwear with its innovative designs and high-quality materials.

Definition:

The Sports & Swimwear market consists of sports-inspired and performance apparel as well as swimwear for children.

Children’s sportswear refers to garments for children that are designed to fulfill a certain purpose or function, keeping the wearer cool, dry, and/or comfortable during sporting activities and physical exercise; however, it also includes sportswear products that are shaping everyday clothing. Typical sport-specific products include tracksuits and jogging suits, shorts, as well as training shirts and tops. It also covers products such as hoodies and sweatpants that have an athletic appearance but do not necessarily have to be designed for high-intensity activities are included.

Structure:

The Sports & Swimwear market contains data regarding the following categories:

  • The Sportswear market encompasses both sporting activity and athletic appearance clothes for children.
  • The Swimwear market encompasses all kinds of apparel for water sports or water-based purposes for children; however, it excludes diving equipment for children.

Additional Information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit, sustainable apparel share, and sales channels. Online channel distribution refers to the purchase of physical goods in online retail. In other words, the purchase is concluded via the internet – on a desktop PC, tablet, or smartphone. The offline distribution channel covers all purchases in stationary stores made via telesales or mail orders (e.g., print catalogs). The volume data has been converted from kilograms to units in some countries using a typical unit size of 280 grams (typical running gear made for either the upper or lower body).

For more information on the displayed data, use the info button right next to the boxes.

In-Scope

  • Track suits, separate jackets and pants
  • Swimwear
  • Functional Wear for sports and other purposes
  • Lifestyle apparel by sportswear brands

Out-Of-Scope

  • Diving equipment

Revenue

Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Sep 2024

Source: Statista Market Insights

Most recent update: Sep 2024

Source: Statista Market Insights

Most recent update: Mar 2024

Sources: Statista Market Insights, Annual reports of key players, Desk research, Statista Consumer Insights Global

Volume

Most recent update: Sep 2024

Source: Statista Market Insights

Most recent update: Sep 2024

Source: Statista Market Insights

Price

Most recent update: Sep 2024

Source: Statista Market Insights

Key Players

Most recent update: May 2024

Source: Statista Market Insights

Sales Channels

Most recent update: Mar 2024

Source: Statista Market Insights

Global Comparison

Most recent update: Sep 2024

Source: Statista Market Insights

Methodology

Data coverage:

Data encompasses B2C enterprises. Figures are based on the consumer spending on clothing which comprises women, men, and children segments that are produced for private end customers for both offline retail (department stores, traditional specialist shops) and online retail (e-commerce, ordering by catalog).

Modeling approach / Market size:

Market sizes are determined by a combined Top-Down and Bottom-Up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use resources from the Statista platform, national statistics, industry research, market data from independent databases and third-party sources, historical developments, current trends, reported performance indicators from the key market players, and Statista interviews with market experts. Next we use relevant key market indicators and data from country-specific associations such as GDP, consumer spending, consumer price index and population. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, the exponential trend smoothing illustrates suited forecasting for the Apparel market with projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional Notes :

The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.

Key Market Indicators

Notes: Based on data from IMF, World Bank, UN and Eurostat

Most recent update: Sep 2024

Source: Statista Market Insights

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