According to a new report published by Allied Market Research titled, “Functional Apparel Market by Nature and Application: Global Opportunity Analysis and Industry Forecast, 2019–2026,” the functional Apparel market size was valued at $282.30 billion in 2018 and is expected to reach $505.80 billion by 2026, registering a CAGR of 7.7% from 2019 to 2026. In 2018, Europe accounted for nearly 30.2% share of the functional apparel market.
Functional apparels are among the main types of technical textiles clothing that are receptive to new product development and technologies. The emergence of functional clothing has been fueled by recent breakthrough and advances of technical fibers and fabrics materials that are being used.
Millennials tend to take a more holistic approach to health and wellness factor. They are active and always keen to indulge in fitness oriented activities. Fitness has become an integral part of one’s daily routine. Considering millennials’ perception on fitness, functional apparel manufacturers have successfully built an emotional connect between their products and customer. These customers specifically seek for apparels that promote an active lifestyle. Hence rise in number of millennials turns out to be an influential trend.
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The extensive advantages offered by active wear such as water resistance, bi-stretchable function, anti-bacterial fabric, wicking function, and others, and surge in participation of customers in physical and fitness activities act as the key driving factors of the global market. Moreover, female consumer base for active wear is increasing, owing to holistic approach of female customers toward sports and fitness. Likewise, increase in adoption of athleisure wear as work or street wear propels the growth of the overall market. Furthermore, rise in disposable income and increase in fitness concerns significantly contribute toward the functional apparel market growth.
However, volatile cost of raw materials and inflated cost of designing lead to high cost of the final product. This hampers the sales of the product among product type-sensitive customers, thereby restraining the market growth. Moreover, presence of counterfeit brands results in safety issues and inconvenience for consumers, which hamper the growth of the market. Hence volatile raw material cost hampers the market during the functional apparel market forecast.
The global functional apparel market analysis is segmented into product type, application, distribution channel, and region. Based on product, the market is segmented into sportswear, active wear, protective clothing and others. Based on application, the market is segmented into sports industry, outdoor clothing and healthcare. Based on distribution channel, the market is segmented into offline and online. By region, it is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, Spain, UK, Italy, France, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, UAE, and rest of LAMEA).
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Key Findings of the Study:
- In 2018, based on product type, the sportswear segment accounted for around higher value Functional apparel market share.
- In 2018, based on application, the sports industry segment accounted for 38.3% share of the market.
- In 2018, based on distribution channel, the offline segment accounted for higher share of the Functional apparel market.
- In 2018, based on region, Europe accounted for a prominent market share and is anticipated to grow at a significant rate during the forecast period.
Key players operating in the functional apparel industry include Puma, Nike, Under Armour, Adidas, Lululemon Athletic, Asics Corporation, Columbia Sportswear Company, Gap Inc., North Face, Phillips-Van Heusen Corporation, and others.
According to a new report published by Allied Market Research titled, “Functional Apparel Market by Nature and Application: Global Opportunity Analysis and Industry Forecast, 2019–2026,” the functional Apparel market size was valued at $282.30 billion in 2018 and is expected to reach $505.80 billion by 2026, registering a CAGR of 7.7% from 2019 to 2026.
In 2018, Europe accounted for nearly 30.2% share of the functional apparel market.Functional apparels are among the main types of technical textiles clothing that are receptive to new product development and technologies.
The emergence of functional clothing has been fueled by recent breakthrough and advances of technical fibers and fabrics materials that are being used.Millennials tend to take a more holistic approach to health and wellness factor.
Hence rise in number of millennials turns out to be an influential trend.Ask for sample copy of this report@: https://www.alliedmarketresearch.com/request-sample/6449The extensive advantages offered by active wear such as water resistance, bi-stretchable function, anti-bacterial fabric, wicking function, and others, and surge in participation of customers in physical and fitness activities act as the key driving factors of the global market.
Moreover, female consumer base for active wear is increasing, owing to holistic approach of female customers toward sports and fitness.
This hampers the sales of the product among product type-sensitive customers, thereby restraining the market growth.
According to IMARC Group latest report titled” Socks Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market exhibited moderate growth during 2015-2020.
The global socks market size to grow at a CAGR of around 5% during 2021-2026.
Socks refer to a pair of knitted or woven covering worn to prevent the rubbing of shoes on the bare feet.
Besides this, diabetic socks manufactured using unique yarns help alleviate symptoms associated with diabetes, such as reducing rough abrasion and shear forces on the skin.Get a sample copy of this Report: https://www.imarcgroup.com/socks-market/requestsampleAs the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.Market Trends:The growing number of working professionals, along with the rising adoption of the formal business environment, is currently driving the global socks market.
Compression socks are generally worn during sports activities to increase oxygen delivery and minimize jarring, stress, and vibration to the muscles, thereby enhancing the endurance and performance of athletes.
Besides this, the rising prevalence of diabetes, along with the increasing awareness about the impact of diabetes on the feet of the patients, is augmenting the demand for diabetic socks.
Industry Analysis of Polyamide Market 2020:The global Polyamide market is expected to reach USD 38.30 Billion by 2026, according to a new report by Reports and Data.
Polyamide is a kind of polymer that contains recurring amide groups as an integral part of the main polymer chain and is one of the most widely used engineering thermoplastic materials.Growing demand for polyamides from the automotive industry is the most significant factor estimated to drive the market demand in the forecast period.
Application of polyamides in an automotive range from structural and decorative components of the vehicle to the electronic components as these materials are used as a substitute for metals to reduce system costs and incorporate lighter components to increase fuel efficiency with reduced emissions.
According to research, a 10% reduction in the weight of an automobile can result in a 6%-8% improvement in fuel efficiency.Get a Sample Copy of the Report @ https://www.reportsanddata.com/sample-enquiry-form/1521Leading Players profiled in this study include BASF SE, Honeywell International Inc., Koch Industries, Huntsman Corp., Du Pont, DSM N.V., Lanxess AG, Evonik Industries AG, Solvay AG, and RadiciGroup, among others.The study gives a detailed analysis of the global Polyamide market to project its overall growth in the coming years until 2026, which is focused on the leading market trends, notable events, strategic initiatives, and product innovation, among other aspects to provide a thorough assessment of the worldwide industry based on product types, applications, end-users, and regions.
The global has recorded a sizable growth rate in the historical and present market scenario and is expected to continue to deliver a stable growth rate in the forecast duration.This report on the worldwide Polyamide industry, published by Reports and Data, gives insights drawn after an extensive study of the information collected by way of primary and secondary research methodologies and an analysis of the qualitative and quantitative perspectives of leading industry experts, opinions of leading companies and professionals, to help the reader better comprehend the existing market dynamics.Brief of the market segmentation:Product Type Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)PA 6PA 66Bio-Based PolyamidesOthersApplications Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)Polyamide Fibers & FilmsEngineering PlasticsPolyamide AdhesivesEnd User Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)AutomotiveElectrical & ElectronicsAerospace & DefenseTextileFilms & CoatingsSports & LeisureIndustrialOthersIn terms of geographical extent, the Polyamide market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Several companies are focused on organic growth strategies such as product launches, product innovations, and other such events.The inorganic growth strategies, on the other hand, focus on mergers and acquisitions, partnerships, and collaborations, which are intended to help them expand their business operations and broaden their consumer bases.
Global “Flat Glass Processing Machinery Market” Research Report covers the current state and the development of a growing trending industry.
This report analyzes the research on size, share, supply, export, import, revenue, details and cost analysis, sourcing strategy, technology and market impact factor.
The report also presents a detailed analysis of current and upcoming opportunities to clarify the future investment in the market.
The report additionally explores the global Flat Glass Processing Machinery market development pattern based on regional order.
The overall market impact depends on many businesses producing individual products, their expertise, the income earned by each corporation, and the methods in progress.Get a Sample Copy of the Report at -https://www.industryresearch.co/enquiry/request-sample/13499368About Flat Glass Processing Machinery Market Report: Flat glass processing machinery forms an integral part of the glass industry, as it plays a crucial role in transforming glass as per the specific applications of various sectors such as construction, automotive, consumer electronics, furniture, and solar energy.
An extensive range of flat glass processing machinery is used for different applications.Top manufacturers/players: LiSEC, Benteler, Glaston, Bystronic, Bottero, Leybold, North Glass, Glasstech, LandGlass, Von Ardenne, Siemens, CMS Glass Machinery, Keraglass, Han Jiang, Biesse, Zhongshan Deway Machinery Manufacture, Shenzhen Handong Glass MachineryFlat Glass Processing Machinery Market Segment by Regions-USAEUJapanChina and Others.The Flat Glass Processing Machinery Market report delivers a basic overview of the industry including its definition, applications and manufacturing technology.
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It protects the battery from damage, predicts battery life and maintains the battery in an operational condition.
Global Automotive Battery Management System market size will reach 36500 million US$ by 2025, from 7250 million US$ in 2017, at a CAGR of 22.4% during the forecast period.
This industry study presents the global Automotive Battery Management System market size, historical breakdown data (2013–2018) and forecast (2018–2025).
Market share, growth rate, and competitive factors are also evaluated for market leaders Mahle, Valeo, etc.Get Sample Copy of this Report@ http://www.orbisresearch.com/contacts/request-sample/2329969The following manufacturers are covered in this report:· Mahle· Valeo· Bosch· Hana System· Dana· Gentherm· Continental· VOSS Automotive· CapTherm SystemAutomotive Battery Management System Breakdown Data by Type:· Air Cooling· Liquid Cooling· Refrigerant CoolingAutomotive Battery Management System Breakdown Data by Application:· EV· PHEVThe study objectives of this report are: To analyze and research the global Automotive Battery Management System status and future forecast involving, production, revenue, consumption, historical and forecast.
To present the key Automotive Battery Management System manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To identify significant trends, drivers, influence factors in global and regions.
