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Triathlon Clothing Market Trends

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

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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.

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.