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The global retail sports apparel industry has grown rapidly over the last five years and is expected to continue that trend as it reaches approximately US $125 billion in 2017 with a CAGR of 6% over the next five years. Increase in demand for sports-style apparel and favorable demographic conditions throughout Asia are expected to boost the sports apparel market during the forecast period.

Lucintel, a leading global management consulting and market research firm, has analyzed the global retail sports apparel market and presents its findings in “Global Retail Sports Apparel Market Analysis 2012–2017: Market Trends, Profit, and Forecast Analysis.” The sports apparel industry comprises various enterprises that are primarily engaged in the manufacturing and retailing of new sports apparel and accessories such as running and training apparel, golf wear, lifestyle apparel, soccer uniforms, baseball and softball apparel, as well as the clothing worn for participating in many other sports. As per the study, the sports apparel industry is fragmented, with the top five and the top 10 players accounting for approximately 21% and 25% shares respectively in 2011.

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