Base Layer Market
Global Industry Analysis and Forecast 2023-2030
Pages : 120
Base Year : 2022
Released Year : September 2023
Format :
Report ID: KR69

Base Year
2022

Forecast Year
2023-2030

Historical Years
2018-2021

Market Value (2022)
USD 7.49 Billion

Forecasted Value (2030)
USD 9.91 Billion

CAGR (2023 - 2030)
3.64%

Fastest Growing Region (2023 - 2030)
Asia-Pacific

Largest Region
North America

By Material Type
Synthetic, Natural

By Gender
Men, Women, Kids

By Application
Sports, Gym/Fitness, Hiking, Others

By Distribution Channel
Offline, Online
Market Perspective
The global Base Layer Market was valued at USD 7.49 billion in 2022 and is projected to reach USD 9.91 billion by 2030, growing at a CAGR of 3.64% from 2023 to 2030.
The growth of the base layer market is driven by increasing global participation in sports activities. This essential piece of clothing offers moisture-wicking benefits, particularly during various types of sports activities. The rise in sports participation rates worldwide is expected to drive demand for the product during the forecast period. Furthermore, the increasing demand for base layers can be attributed to the rising disposable income of people worldwide. The increasing usage of base layers for leisure and outdoor activities is also contributing to the proliferation of demand for the base layer market. However, the base layer market is facing challenges due to the presence of counterfeit products, which can impact both product quality and customer trust. Implementing effective anti-counterfeiting measures and maintaining transparency with customers can also help build and maintain trust in the market.
Analyst’s Review on Base Layer Market
The use of celebrity endorsements has been driving new product launches in the base layer market, resulting in increased prominence within the clothing and sportswear industry. Established brands, such as Hrx (owned by Hrithik Roshan and Exceed Entertainment) and one8 by Virat Kohli are targeting premium and medium customer segments with innovative and designer base layer products, driving market growth. For instance, in April 2023, Hrithik Roshan launched HRX's 1st store in Mumbai, India to offer customers an integrated shopping experience. The increasing popularity of sportswear and changes in lifestyle have led to the rising adoption of sportswear for daily use, with the emergence of base layer products further boosting sales and demand. As a result, the base layer market is expected to experience significant growth in the forthcoming years.
Market Definition
A base layer is a foundational material used in the design and fabrication of a wide range of products from nanomaterials to sports textiles. Its main purpose is to improve the performance and functionality of the final product by providing a sturdy base upon which other materials can be added. Base layers are commonly used in sports to provide added comfort and performance benefits. They are designed to be worn close to the skin, providing a layer of insulation and helping to regulate temperature during physical activity. Base layers are available in a range of materials, from synthetic fabrics to natural fibers such as merino wool, and can be either compression or non-compression. Compression base layers are designed to improve circulation and reduce muscle fatigue, while non-compression base layers are focused more on comfort and flexibility. Overall, the use of base layers in sports can help to enhance athletic performance and provide added protection against the elements.
In sports textiles, base layers play an important role in enhancing comfort, reducing the risk of injury, and improving performance. They can help with moisture management, regulate body temperature, and provide additional support and shock absorption when bonded with inserts. Base layers are an essential component of advanced sportswear fabrics that aim to maximize performance while minimizing discomfort.
Market Dynamics
Recent developments in materials and manufacturing techniques used for sports textiles have included the use of base layers for improved performance and functionality. For example, the fibers used in the manufacture of base layer fabrics facilitate the moisture management process and can enhance the thermal and mechanical properties of the final product. Additionally, innovative textile science and technology have led to the development of functionalized fibers for use in active sportswear fabrics, which can help regulate body temperature, enhance breathability, and support movement. Base layers may also be bonded with inserts, like a soft single material liner, to provide additional support and to improve shock absorption. The use of base layers in sports textiles can play an important role in improving comfort, reducing the risk of injury, and enhancing performance in a wide range of sports activities.
Volatility in raw material prices is a major challenge faced by many industries. The unpredictability in prices can lead to uncertainty in production costs, which ultimately affects profit margins. The COVID-19 pandemic has further exacerbated this issue, causing supply chain disruptions and economic dislocations that have made it even more challenging for businesses to navigate through the market. It's important for companies to identify ways to mitigate these risks, such as hedging against price fluctuations or diversifying their supplier base. This can help to minimize the impact of raw material price fluctuations on the bottom line and ensure long-term sustainability in an ever-changing market landscape.
Segmentation Analysis
The global base layer market is segmented based on material type, gender, application, distribution channel, and geography.
Based on material type, the market is bifurcated into synthetic and natural. The synthetic segment achieved the highest market revenue of USD 5.17 billion in 2022 owing to the rising demand for synthetic materials in these garments due to their moisture-wicking and quick-drying properties.
Based on gender, the base layer market is categorized into men, women, and kids. The men segment accumulated the largest market share of 44.41% in 2022. Men have a significant participation rate in sports and can often be seen wearing base layer compression leggings at the gym or during athletic events.
Based on application, the base layer market is divided into sports, gym/fitness, hiking, others. The sports segment held the largest market share of 49.67% in 2022. Base layers are popular clothing items worn by athletes during various sports and outdoor activities. With the rise of sports events and competitions, the demand for high-quality base layers with advanced functionality and materials has grown.
Based on the distribution channel, the market is bifurcated into online and offline. The online segment is expected to observe the fastest growth with a CAGR of 4.46% over the forecast period. The base layer market has experienced significant growth with the rise of online sales. Consumers appreciate the convenience of online shopping, and the base layer market has benefited from this trend. Online sales platforms allow consumers to browse a broader range of base layer designs and purchase from anywhere at any time. Online retailers can also offer more competitive prices and discounts, which can help to attract more consumers.
Geographical Analysis
Based on region, the global base layer market is classified into North America, Europe, Asia Pacific, MEA, and Latin America.
Asia Pacific is anticipated to be the fastest-growing region with a CAGR of 5.7% over the forecast period. The Asia Pacific region has a vast base of potential consumers making it an attractive market for base layer manufacturers. To capitalize on this growing market, many companies have expanded their offerings and targeted marketing efforts towards the Asia Pacific region with niche, sport-specific base layer designs aimed at meeting the unique demands of the region's consumers.
Competitive Landscape
The global base layer industry study report will provide valuable insight with an emphasis on the fragmented nature of the global market. Prominent players are focusing on several key business strategies such as partnerships, mergers & acquisitions, product innovations, and joint ventures to expand their product portfolios and increase their respective market shares across different regions. Expansion & investments involve a range of strategic initiatives including investments in R&D activities, new manufacturing facilities, and supply chain optimization. The major players in the base layer market are
- Decathlon
- Nike, Inc.
- Under Armour, Inc.
- Adidas AG
- Columbia Sportswear Company
- Mizuno USA
- Puma SE
- The North Face
- L. Gore & Associates GmbH
- ODLO International AG
- Helly Hansen
Key Developments
- March 2023 (Launch): Trere Innovation, an international corporation renowned for its sustainable technical clothing and footwear design and manufacturing has launched the world's 1st 100% bio-based base layers in the United States.
- June 2022 (Acquisition): Ducati has collaborated with Aquafil to launch two new lines of base layers, Warm Up 2 and Cool Down 2, catering to varying climate conditions.
The global Base Layer Market is segmented as:
By Material Type
- Synthetic
- Natural
By Gender
- Men
- Women
- Kids
By Application
- Sports
- Gym/Fitness
- Hiking
- Others
By Distribution Channel
- Online
- Offline
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- France
- UK
- Spain
- Germany
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- North Africa
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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CUSTOMIZATION OFFERED
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Additional Company Profiles
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Additional Countries
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Cross Segment Analysis
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Regional Market Dynamics
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Country-Level Trend Analysis
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Competitive Landscape Customization
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Extended Forecast Years
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Historical Data Up to 5 Years