China Sports Wear Market Outlook to 2030

Region:Asia

Author(s):Paribhasha Tiwari

Product Code:KROD7617

Published On

December 2024

Total pages

97

About the Report

China Sports Wear Market Overview

  • The China sports wear market is valued at USD 5.35 billion, based on a five-year historical analysis. The market has seen significant growth driven by rising health awareness among the population, government initiatives to promote sports activities, and the increasing popularity of athleisure wear. The market's rapid expansion is further fueled by technological advancements in fabric production and the availability of a wide range of affordable sports wear options, making it accessible to a broader consumer base.

China Sports Wear Market size

  • The cities of Beijing, Shanghai, and Guangzhou are dominant in the China sports wear market due to their high concentration of fitness centers, affluent populations, and the growing trend of sports and recreational activities. These cities have a high rate of consumer spending on premium and branded sports wear, with a focus on quality and performance, as well as the influence of international sports events that drive demand for sports apparel.
  • The Chinese governments Healthy China 2030 initiative continues to promote public health and fitness, with plans to increase the number of fitness facilities to over 200,000 by 2024. This initiative is driving demand for sportswear across the country, especially as local governments incentivize citizens to adopt healthier lifestyles, making sports apparel and equipment essential purchases.

China Sports Wear Market Segmentation

  • By Product Type: The China sports wear market is segmented by product type into footwear, apparel, accessories, and wearables. Recently, footwear has captured a dominant market share due to the increasing popularity of running and jogging, along with a rising interest in fitness and outdoor activities. The demand for performance-oriented shoes, combined with the endorsement of global athletes and local influencers, has boosted this segment's growth.

China Sports Wear Market Segmentation by product type

  • By End User: The market is segmented by end user into men, women, and kids. The men's segment leads the market share, driven by the high participation of men in sports and fitness activities. Additionally, the increasing availability of specialized sports apparel and footwear designed specifically for male consumers has contributed to this dominance. The men's segment also benefits from a wider range of products, from professional sports gear to athleisure wear for casual use.

China Sports Wear Market Segmentation by end-user

China Sports Wear Market Competitive Landscape

The China sports wear market is dominated by several key players, both local and international, with a strong presence across the country. These companies leverage advanced manufacturing processes, large-scale marketing campaigns, and high-profile sponsorships to capture significant market share. The market's competitive landscape is shaped by factors such as product innovation, brand loyalty, and the growing influence of e-commerce platforms.

Company

Year of Establishment

Headquarters

Product Innovation

Celebrity Endorsements

E-commerce Presence

Retail Network

Sustainability Initiatives

Brand Loyalty

Nike Inc.

1964

Beaverton, USA

- - - - - -

Adidas AG

1949

Herzogenaurach, Germany

- - - - - -

Anta Sports Products Limited

1994

Jinjiang, China

- - - - - -

Li Ning Company Limited

1990

Beijing, China

- - - - - -

Under Armour Inc.

1996

Baltimore, USA

- - - - - -

China Sports Wear Market Analysis

Market Growth Drivers

  • Rise in Health Awareness: In 2024, the health-conscious population in China is expected to surpass 400 million, leading to a rise in demand for sportswear, especially for activities such as jogging, yoga, and fitness training. The Chinese government has encouraged nationwide fitness programs, aiming to improve public health, driving the increased consumption of sports-related products. Additionally, there is significant investment in the "Healthy China 2030" initiative, promoting physical activities.
  • Growth in E-commerce Sales: China's e-commerce sales for sportswear are projected to cross RMB 1 trillion in 2024. This rapid rise is attributed to convenient online platforms like Alibaba and JD.com, offering sportswear products at competitive prices and promotional offers. Additionally, Chinese consumers have shown a strong preference for purchasing sportswear via mobile applications, making e-commerce a primary sales channel for local and international brands.
  • Influence of International Sports Events: The presence of global sports events such as the Winter Olympics and the growing popularity of the Chinese Super League has boosted sportswear consumption in China. With millions of viewers tuning in and over 150,000 athletes participating in these events, the demand for sports gear has surged, pushing domestic brands like Anta and Li-Ning to expand their offerings and capitalizing on this increased visibility.

Market Challenges

  • High Competition from International Brands: International brands such as Nike and Adidas dominate the Chinese sportswear market, with sales surpassing RMB 70 billion in 2024. Their advanced marketing strategies, high-quality products, and brand recognition present significant competition for local players. Local brands are investing heavily in marketing and product differentiation to maintain market share, yet the gap between domestic and international players remains substantial.
  • Counterfeit Products Proliferation: China's counterfeit sportswear industry presents a significant challenge, with estimates indicating over 150 million counterfeit products circulating in the market in 2024. These knock-offs not only hurt legitimate sales but also damage brand reputation and consumer trust. Government efforts, including stricter enforcement of intellectual property laws, are being ramped up, but the issue persists as a serious concern for both local and international brands.

China Sports Wear Market Future Outlook

Over the next five years, the China sports wear market is expected to experience robust growth, driven by continuous innovation in fabric technology, increasing health consciousness, and a growing number of fitness centers and sports activities. The rise of athleisure wear, which combines comfort and style, is likely to be a key trend, as consumers continue to integrate sports wear into their daily wardrobes. Furthermore, government initiatives aimed at promoting sports participation among the youth and general population will serve as significant growth drivers.

Market Opportunities

  • Integration of Smart Fabrics and Wearable Tech: Smart sportswear is a growing trend in China, with products integrating wearable technology expected to generate sales of over RMB 30 billion in 2024. This segment includes fabric embedded with sensors that monitor biometrics such as heart rate and body temperature, targeting fitness enthusiasts. Major players, including local brands like Xiaomi, have begun capitalizing on this trend, offering innovative, tech-integrated apparel.
  • Growth in Female Participation in Sports: By 2024, female participation in sports in China is expected to reach 60 million, with activities like yoga, running, and fitness training seeing the highest growth. Brands are increasingly focusing on female-oriented product lines, driving significant investment in womens sportswear and accessories. The rise of fitness influencers and female athletes on social media platforms is further pushing this trend, making it a lucrative opportunity for both local and international brands.

Scope of the Report

By Product Type

Footwear

Apparel

Accessories

Wearables

By End User

Men

Women

Kids

By Distribution Channel

Online

Offline (Retail Stores, Specialty Stores)

By Sport Type

Running

Yoga

Football

Basketball

Tennis

Others

By Region

East

North

South

Central

West

Products

Key Target Audience

  • Investors and Venture Capitalist Firms

  • Retailers and Distributors

  • Sports Clubs and Associations

  • Sports Equipment Manufacturers

  • Government and Regulatory Bodies (General Administration of Sports of China)

  • E-commerce Platforms

  • Fitness Centers and Gyms

  • Fashion Designers and Apparel Companies

Companies

Players Mentioned in the Report:

  • Nike Inc.

  • Adidas AG

  • Anta Sports Products Limited

  • Li Ning Company Limited

  • Under Armour Inc.

  • Xtep International Holdings Limited

  • Puma SE

  • FILA

  • New Balance Inc.

  • Peak Sport Products Co., Ltd.

Table of Contents

1. China Sports Wear Market Overview

1.1 Definition and Scope

1.2 Market Taxonomy

1.3 Market Growth Rate

1.4 Market Segmentation Overview

2. China Sports Wear Market Size (in USD Mn)

2.1 Historical Market Size

2.2 Year-On-Year Growth Analysis

2.3 Key Market Developments and Milestones

3. China Sports Wear Market Analysis

3.1 Growth Drivers (Market Penetration, Consumer Behavior, Local Brands)

3.1.1 Rise in Health Awareness

3.1.2 Growth in E-commerce Sales

3.1.3 Influence of International Sports Events

3.1.4 Increasing Affinity for Athleisure Wear

3.2 Market Challenges (Competitive Pressure, Raw Material Sourcing)

3.2.1 High Competition from International Brands

3.2.2 Counterfeit Products Proliferation

3.2.3 Supply Chain Disruptions

3.2.4 Price Sensitivity in Rural Markets

3.3 Opportunities (Innovation, Digital Marketing, E-commerce)

3.3.1 Integration of Smart Fabrics and Wearable Tech

3.3.2 Growth in Female Participation in Sports

3.3.3 Opportunities in Tier-2 and Tier-3 Cities

3.3.4 Expansion of Sustainable Clothing Lines

3.4 Trends (Fashion Trends, Material Innovations)

3.4.1 Athleisure as Daily Wear

3.4.2 Demand for Eco-Friendly Sportswear

3.4.3 Growth in Online Fitness Influencers

3.4.4 Personalization of Sports Apparel

3.5 Government Regulations (Textile and Apparel Regulations)

3.5.1 Import Tariff Regulations

3.5.2 Mandatory Labeling Requirements

3.5.3 Sustainable Manufacturing Guidelines

3.5.4 Export Incentives for Local Brands

4. China Sports Wear Market Segmentation

4.1 By Product Type (In Value %)

4.1.1 Footwear

4.1.2 Apparel

4.1.3 Accessories

4.1.4 Wearables

4.2 By End User (In Value %)

4.2.1 Men

4.2.2 Women

4.2.3 Kids

4.3 By Distribution Channel (In Value %)

4.3.1 Online

4.3.2 Offline (Retail Stores, Specialty Stores)

4.4 By Sport Type (In Value %)

4.4.1 Running

4.4.2 Yoga

4.4.3 Football

4.4.4 Basketball

4.4.5 Tennis

4.4.6 Others

4.5 By Region (In Value %)

4.5.1 East China

4.5.2 North China

4.5.3 South China

4.5.4 Central China

4.5.5 Western China

5. China Sports Wear Market Competitive Analysis

5.1 Detailed Profiles of Major Companies

5.1.1 Nike Inc.

5.1.2 Adidas AG

5.1.3 Anta Sports Products Limited

5.1.4 Li Ning Company Limited

5.1.5 Under Armour Inc.

5.1.6 Xtep International Holdings Limited

5.1.7 Puma SE

5.1.8 FILA

5.1.9 New Balance Inc.

5.1.10 Peak Sport Products Co., Ltd.

5.1.11 361 Degrees International Limited

5.1.12 ASICS Corporation

5.1.13 Decathlon Group

5.1.14 Kappa China

5.1.15 Skechers USA, Inc.

5.2 Cross Comparison Parameters (Product Innovation, Distribution Networks, Brand Recognition, Regional Penetration, Revenue, Marketing Strategies, Digital Presence, Sustainability Initiatives)

5.3 Market Share Analysis

5.4 Strategic Initiatives

5.5 Mergers and Acquisitions

5.6 Investment Analysis

5.7 Government Support Programs

6. China Sports Wear Market Regulatory Framework

6.1 Environmental Standards

6.2 Certification Processes

6.3 Compliance with Local and International Standards

7. China Sports Wear Future Market Size (in USD Mn)

7.1 Future Market Size Projections

7.2 Key Factors Driving Future Market Growth

8. China Sports Wear Future Market Segmentation

8.1 By Product Type (In Value %)

8.2 By End User (In Value %)

8.3 By Distribution Channel (In Value %)

8.4 By Sport Type (In Value %)

8.5 By Region (In Value %)

9. China Sports Wear Market Analysts Recommendations

9.1 TAM/SAM/SOM Analysis

9.2 Marketing Strategies

9.3 White Space Opportunity Analysis

9.4 Key Growth Initiatives

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Research Methodology

Step 1: Identification of Key Variables

In this step, we mapped the key stakeholders and variables influencing the China sports wear market, including consumer trends, pricing structures, and product innovation. Secondary sources such as industry reports, government publications, and proprietary databases were utilized to gain comprehensive insights into market dynamics.

Step 2: Market Analysis and Construction

This step involved the analysis of historical data, including product sales, retail channel performance, and revenue trends in the sports wear market. Detailed assessments of market penetration and consumer preferences were performed to ensure the reliability and accuracy of the data.

Step 3: Hypothesis Validation and Expert Consultation

We conducted interviews with industry experts, ranging from sports apparel manufacturers to retail managers, to validate market trends and hypotheses. This step provided valuable insights into consumer behavior, competitive dynamics, and product innovation trends.

Step 4: Research Synthesis and Final Output

The final stage involved synthesizing insights from primary and secondary sources to deliver a comprehensive report. Data validation processes, including cross-verification with stakeholders, ensured the accuracy of market projections and trends.

Frequently Asked Questions

01. How big is the China Sports Wear Market?

The China sports wear market is valued at USD 5.35 billion, driven by factors such as the increasing focus on health and fitness, the growing athleisure trend, and government initiatives promoting sports participation.

02. What are the challenges in the China Sports Wear Market?

Key challenges in the China sports wear market include intense competition from international brands, counterfeiting, and price sensitivity in lower-tier cities. Additionally, fluctuating raw material prices and supply chain disruptions pose significant challenges to market players.

03. Who are the major players in the China Sports Wear Market?

Major players in the China sports wear market include Nike, Adidas, Anta Sports, Li Ning, and Under Armour. These companies dominate the market through a combination of product innovation, endorsements, and expansive distribution networks.

04. What are the growth drivers of the China Sports Wear Market?

Growth drivers in the China sports wear market include rising health awareness, the influence of international sports events, and technological innovations in sports wear fabrics. The increasing adoption of e-commerce platforms and the growth of athleisure wear also contribute to market expansion.

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