Functional apparel market to reach 228.9 billion pounds by 2026

According to a recent report published by Zion Market Research, the global functional apparel market accounted for 99.24 billion dollars in 2018 and is expected to reach 280.12 billion dollars (228.9 billion pounds) by 2026, growing at a CAGR of 13.8 percent between 2019 and 2026. The main reasons behind these growth prospects include growing participation in fitness and sports activities due to increased health-consciousness among the global population and increase in disposable income and changing lifestyle along with increasing urbanization. However, the report says that high prices of these apparels due to their lightweight features and high durability and duplicity of apparels may restrain this market to some extent.