Britain, Russia, South Korea Sportswear Sales Show a New Trend of Growth

As COVID-19 continues to ravage the world, home isolation, telecommuting, videoconferencing and online social networking are becoming the norm for people around the world. The epidemic has also prompted people to pay more attention to fitness to stay healthy. In this situation, people's demand for comfortable wear and fitness "gear" for home work and life is enhanced, and sportswear has become the new favorite of consumption.

sportswear

The epidemic has driven stronger demand for sportswear and ushered in new business opportunities in the sportswear market, especially in some countries.

In 2021, the sales of sportswear in the United States will reach $70 billion, and consumer spending on apparel is rapidly rebounding and showing a new growth trend, with an annual growth rate of 9% predicted for the next five years. Market research shows that after the outbreak of the epidemic, Korean consumers' consumption of home wear, sportswear and leggings has increased significantly compared with that before the epidemic, and their favorable degree of sportswear has also increased significantly, further expanding the market size. A consumer survey by a UK market research agency found that sales of sportswear in the UK have soared during the pandemic, with half of respondents buying home-based fitness products, including sportswear, and 76% planning to continue exercising at home once the pandemic is over. The Russian sportswear market saw a resurgence in sales in 2021 after the outbreak of COVID-19, and continued expansion of the market has become a bright spot in the country's retail development.

Sportswear sales increase

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Post time: Feb-24-2022

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