Get In Touch

Functional Apparel Market to Reach Valuation of ~US$ 892.4 Bn by 2027: Transparency Market Research

The global functional apparel market is anticipated to clock an impressive 13.5% CAGR during the forecast period between 2019 and 2027. At this pace, the market will be valued at US$ 892.4 bn by the end of 2027. 

Major brands such as NIKE, Puma, Adidas, and Mizuno offer application-specific footwear and apparels. Functional apparels can be classified based on type of sport and application. Based on type of sport, they are classified into running shoes, volleyball shoes, etc. Functional apparels with advanced technology are commonly made of microfiber or polyester fabric that absorbs sweat from the body onto the fabric surface, where it evaporates. As a result, these apparels keep athletes dry and comfortable.

Similarly, all types of functional clothing are designed to provide heating and cooling effects as required. In case of cold weather, the apparel retains energy and resists heat loss. Functional socks feature anti-blister system, active odor control, and durability. They stay dry and comfortable for a long time. Increasing awareness regarding beneficial features of these functional apparels and footwear is drawing customers’ attention toward them instead of conventional clothing and footwear.

pr global functional aparel market

With the presence of a large number of players that offer application-specific products, the global functional apparel market is fragmented, states Transparency Market Research in a new report. Players in the market are investing substantially in innovative technology to introduce novel products that offer flexibility, durability, and comfort. Research and development to introduce eco-friendly fabric to serve the demand for eco-friendly performance clothing is also the focus of players in the functional apparel market. Such initiatives will help market players expand their brand into new categories.

In terms of type, the functional apparel market is divided into sportswear, outdoor apparel, footwear, socks, and innerwear. Among them, the footwear segment is anticipated to display faster growth rate over the forecast period. In terms of region, the market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is one of the key region of functional apparel market. As individuals are adopting physical activity and fitness regimes, the demand for sportswear apparel and footwear with sweat-free, antimicrobial, and anti-odor features is anticipated to be on the rise in the region.

Demand Of Scientific Principles for Product Manufacture

Growing prevalence of skin allergies and foot allergies is driving the demand for sweat absorption and anti-bacterial features in functional apparel. The adoption of scientific principles in the manufacture of functional apparels offer protection from heat, radiation, extreme cold, and chemicals. These attributes help functional apparel find special potential among technology-savvy users. Highly engineered athletic footwear helps in improving athletic performance and helps reduce injuries.

High Investment in Research & Development

Fabrics are made hi-tech by using chemicals and other methods, which are not eco-friendly. However, at present, consumers have become highly conscious about the environment. They demand eco-friendly performance clothing. In such a scenario, players operating in the functional apparel market have started research and development activities to introduce innovative performance apparels that are natural too. Some of the apparel manufacturers have started utilizing the potential of natural fibers such as bamboo-, soy-, and corn-based fibers for the same purpose.

Manufacturers are experimenting with organic and recycled fabrics and several of them have come up with green functional apparels made of organic and recycled fabrics. Recycled polyester is mostly used for this purpose. Conversely, a combination of recycled polyester and organic cotton is used for producing eco-friendly performance apparels. These fabrics can perform well even in highly demanding conditions such as extremely hot and humid climate and extremely cold climate.

The review presented in based on the findings of a TMR report, titled “Functional Apparel Market (Type - Sportswear, Outdoor Clothing, Innerwear (Athletic, Non Athletic), Footwear (Athletic, Non-Athletic), Socks (Athletic, Non-Athletic), Swimwear (Athletic, Non-Athletic); Fabric - Conventional Fabric (Polypropylene, Cotton, Bamboo, Wool, Polyester), Specialty Fabric (Neoprene, Spandex); Finishing - Water Resistant, Anti-microbial, Wicking, Stain Resistant, Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019– 2027

The global functional apparel market is segmented as follows:

Global Functional Apparel Market, by Type

  • Sportswear
  • Outdoor Clothing
  • Innerwear
    • Athletic Innerwear
    • Non-Athletic
  • Footwear
    • Athletic Footwear
    • Non-Athletic
  • Socks
    • Athletic Socks
    • Non-Athletic Socks

Global Functional Apparel Market, by Fabric

  • Conventional Fabric
    • Polypropylene
    • Cotton
    • Bamboo
    • Wool
    • Polyester
  • Specialty Fabric
    • Neoprene
    • Spandex
  • Others

Global Functional Apparel Market, by Finishing

  • Water Resistant
  • Anti-microbial
  • Wicking
  • Stain Resistant
  • Others

Global Functional Apparel Market, by Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • South America

About Us 

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. 

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories. 

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision. 

Contact Us

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453

7 of 10 large enterprizes view our ToC to take the right decision.

View Report ToC