Research Methodology – Sportswear Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Sportswear Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Sportswear Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share
- Demand and supply dynamics in the sportswear industry
- Macroeconomic indicators such as GDP, disposable income, and lifestyle changes
- Population size, demographic trends, and buyer preferences
- Number of brands, product diversification, price points and distribution channels
- Online shopping trends and delivery models
- Competitors' market standing and their market strategies
- The impact of technological advancements on production and design
- Market regulations and import/export duties in different regions
Key Market Indicators
- Sportswear market size and growth rate
- Consumer buying behavior and trends
- Competitors' market share and growth rate
- Global and regional economic indicators impacting the sportswear industry
- Product innovation and development trends
- Trends in sport activities and health consciousness
- Developments in online marketplaces and e-commerce for sportswear
Growth Trends
- The rising popularity of fitness and sports activities leading to increased demand for sportswear
- Innovation in fabric technology and smart sportswear trends
- Growth in women's sportswear market driven by fashion trends and fitness awareness
- The rise in online shopping and e-commerce growth boosting the sportswear market
- Increased demand for comfortable and durable wear for outdoor activities and sports
- Growth in investment in branding and marketing by sportswear companies
- Increased demand for sportswear for casual and athleisure wear
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Sportswear Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Sportswear Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights