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Triathlon Clothing Market - By Type (Tri Tops, Tri Shorts, Tri Suits), By Application (Men, Women), By Distribution Channel (Online, Offline) & Global Forecast, 2023-2032

  • Report ID: GMI5659
  • Published Date: May 2023
  • Report Format: PDF

Triathlon Clothing Market Size

Triathlon Clothing Market size exceeded USD 1.9 billion in 2022 and will grow at a 7.5% CAGR from 2023 to 2032.
 

Triathlon Clothing Market

Rising obesity and increasing awareness of the advantages of cycling and swimming will help the triathlon apparel market grow. Triathlon is a growing sport and these apparels aid in reducing drag in the water, improving aerodynamics on the bike, and enhancing comfort and breathability during physical workouts. Additionally, the popularity of stylish, high-quality triathlon clothing due to emerging fitness trends globally is boosting product demand.
 

Triathlon is a niche sport and thus, its apparel sees low adoption compared to other athletic wear. The use of high-tech materials in the making of these clothing has increased product prices, which impacts the market outlook negatively. Moreover, several companies have a large customer base, restraining the growth of small businesses. However, the commercialization and shifting lifestyle trends in developing nations have pushed market growth.
 

COVID-19 Impact

The COVID-19 pandemic had a positive impact on the triathlon clothing market due to the increasing popularity of outdoor sports such as triathlons in line with a strong inclination towards staying active while adhering to social distancing protocols. However, supply chain disruptions and halts in manufacturing activities resulted in low demand for this apparel due to delayed or canceled events. Nevertheless, in the post-pandemic scenario, rising awareness regarding triathlon events globally is propelling industry expansion.
 

Triathlon Clothing Market Trends

Top 10 Textile Exporting Countries 2021 (USD Billion)

Growing fashion trends and increasing participation of Chinese athletes in Triathlon are fueling the market growth. For instance, in Asia Triathlon Cup 2023, Chinese triathletes dominated the competition with two golds in the Women’s event, while bronze and silver in the men’s event. Moreover, the strong prevalence of industry players, especially in China is accelerating product adoption. However, the availability of alternatives is negatively impacting the triathlon clothing market outlook.
 

Triathlon Clothing Market Analysis

Global Triathlon Clothing Market Revenue Share, By Type, (2022)

 In terms of type, the market is segmented as tri shorts, tri tops, and tri suits. The triathlon clothing industry size from the tri-suits segment will grow at more than 8% CAGR over 2023-2032 as tri-suits are a style of clothing that can be worn by both men and women. They are made of a stretchy material and can be worn snugly on the body while jogging or riding. Quick drying technology, breathability, quick-wicking, aerodynamic fit and fabric, zipper access, and increasing consumer willingness to spend on triathlon apparel are also driving segment expansion.
 

Based on application, the industry is categorized into men and women. The men segment accounted for 64% of the triathlon clothing market revenue in 2022 due to the strong prevalence of male participants at both formal and informal events such as Ironman. As per Triathlon Australia, the majority of triathlon attendance in Australia in 2019 was by men (64%). Furthermore, market participants are taking efforts to launch triathlon-clothing collections that cater to country-specific demand. Triathlon clothing for males is available from brands like HUUBINDIA and comprises wet suits, tri suits, and other triathlon gear.
 

North America Triathlon Clothing Market Size, 2021-2032 (USD Billion)

North America triathlon clothing market was valued at USD 940 million in 2022, attributed to increasing R&D investments in textiles and ethical fashion materials created with low-impact technologies, such as organic cotton and recycled nylon, especially in the U.S. The U.S. textile and apparel import rose by over 22% in 2022. These factors are expected to have a positive impact on the regional market through the projected period.
 

Major Triathlon Clothing Market Share

Some of the key players profiled in the triathlon clothing market report include:

  • Zone3 Ltd
  • Louis Garneau Sports
  • Zoot Sports
  • Kiwami Triathlon
  • TYR Sport Inc
  • Orca
  • De Soto Clothing Company Inc
  • 2XU
  • Fanatics Inc,
  • Pearl Izumi,
     

These companies focus on new product launches and strategic partnerships to stay ahead in the industry.
 

Triathlon Clothing Industry news

  • In March 2022, Zone3 Ltd., a triathlon clothing manufacturer, extended its partnership with USA Triathlon for its swimwear products and will be the organization’s Official Custom Triathlon Performance Apparel, Exclusive Triathlon Performance Apparel, and Exclusive Swimwear.
     
  • In October 2022, Zoot Sports, another industry player, launched Ultra P1, a triathlon-specific race suit that provides significant comfort, speed, and functionality. With this, the company aims to expand its tri-suit offerings and boost its market position.
     

The Triathlon Clothing market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilo Tons and revenue in USD Million from 2018 to 2032 for the following segments:

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By Type

  • Tri Tops
  • Tri Shorts
  • Tri Suits

By Application

  • Men
  • Women

By Distribution Channel

  • Online
  • Offline

By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Russia
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East
    • South Africa
    • Saudi Arabia
    • UAE
    • Egypt

 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Global market size for triathlon clothing was valued at more than USD 1.9 billion in 2022 and will progress at a 7.5% CAGR between 2023 and 2032 propelled by rising obesity and increasing public knowledge of the advantages of cycling and swimming.

Men segment accounted for 64% of the triathlon clothing industry revenue in 2022 as a result of the strong prevalence of male participants at both formal and informal events such as Ironman.

Triathlon clothing industry size from the tri-suits segment will grow at more than 8% CAGR over 2023-2032 owing to its quick drying technology, breathability and quick-wicking, zipper access, aerodynamic fit and fabric, and consumer willingness to spend on triathlon apparel.

North America market for triathlon clothing was worth USD 940 million in 2022 as a result of increasing R&D investments in textiles and ethical fashion apparel created with low-impact technologies in the region.

Triathlon Clothing Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 10
  • Tables & Figures: 220
  • Countries covered: 20
  • Pages: 240
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