Bags / Shoes & Accessories

Thanks to the gradual improvement of domestic sports supporting facilities and the popularity of sports events in recent years, the people's participation in sports has increased significantly, health awareness has continued to increase, and the demand for related sports products has increased, driving the people's continued demand for sports shoes and clothing. The growth has promoted the further expansion of the market scale of the sports shoes and apparel industry.

According to data from iiMedia Research, in 2021, 53.7% of Chinese consumers will buy sports shoes and clothing for daily wear, 18.7% will buy sports shoes and clothing for their hobbies, and 14.7% of users will buy sports shoes and clothing for reselling. Profitable, 12.9% of consumers buy sports shoes and clothing for gifts.

Due to the impact of the new coronavirus in 2020, people will reduce their outings for safety reasons, which will have a greater impact on my country's sports shoes and apparel industry. However, after the epidemic is gradually brought under control, people’s potential for sports consumption has been released. Combined with the increased awareness of people’s exercise awareness during the epidemic, the introduction of sports policies in recent years, the rise in sports and fitness, and consumption upgrades, industry demand may usher in a rebound. It is expected that By 2025, the market size will reach 69.47 billion U.S. dollars.