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APAC to drive global sportswear industry growth in 5 years: S&P Global

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The global sportswear industry has solid growth prospects, and volumes and product innovation are expected to drive growth this year, with a moderate price contribution as inflation eases, according to S&P Global Ratings.
The Asia-Pacific will likely remain one of the main growth drivers in the next five years, supported by a growing middle-class, it noted.The global sportswear industry has solid growth prospects, and volumes and product innovation are expected to drive growth this year, with a moderate price contribution as inflation eases, according to S&P Global Ratings.
The Asia-Pacific will likely remain one of the main growth drivers in the next five years, supported by a growing middle-class, it noted.