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Global Basketball Apparel Market Outlook, 2019 to 2023 - The Growing Technology Innovation Across the World is Encouraging Manufacturers to Introduce Smart Features in Their Products - ResearchAndMarkets.com

April 8, 2019 GMT

DUBLIN--(BUSINESS WIRE)--Apr 8, 2019--The “Global Basketball Apparel Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.

The basketball apparel market will register a CAGR of over 5% by 2023.

The innovations in basketball apparel designs and portfolio expansion is one of the key factors driving the growth of global basketball apparel market. Market players are deploying innovative materials to provide lightweight and breathable designs in basketball apparel.

In addition, the companies are also focusing on cost optimization and product portfolio innovation for optimizing their profit margin strategies. As a result, these innovations will boost the basketball apparel market growth during the forecast period.

Increasing adoption of basketball

One of the growth drivers of the global basketball apparel market is the increasing adoption of basketball. The basketball sport has been gaining popularity among the youth in the Americas which is expected to drive the demand for basketball apparel.

Inconsistent raw material prices

One of the challenges in the growth of global basketball apparel market is the inconsistent raw material prices. The continuous changes in vendor profit margins due to the volatility prices of raw materials will hamper the growth of the market.

Competitive Landscape

The market appears to be moderately fragmented with the presence of several market players. The growing technology innovation across the world are encouraging the sports apparel manufacturers to introduce smart features in their products.

This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.

Key Players

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

PART 04: MARKET SIZING

PART 05: FIVE FORCES ANALYSIS

PART 06: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY END-USER

PART 09: GEOGRAPHIC LANDSCAPE

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

PART 12: MARKET TRENDS

PART 13: VENDOR LANDSCAPE

PART 14: VENDOR ANALYSIS

For more information about this report visit https://www.researchandmarkets.com/r/kwueh

View source version on businesswire.com:https://www.businesswire.com/news/home/20190408005452/en/

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Related Topics:Sportswear

KEYWORD:

INDUSTRY KEYWORD: RETAIL FASHION SPORTS BASKETBALL

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 04/08/2019 08:40 AM/DISC: 04/08/2019 08:40 AM

http://www.businesswire.com/news/home/20190408005452/en