Latin America Premium Sportswear Market Size & Outlook

The premium sportswear market in Latin America is expected to reach a projected revenue of US$ 13,736.9 million by 2030. A compound annual growth rate of 7.2% is expected of Latin America premium sportswear market from 2025 to 2030.
Revenue, 2024 (US$M)
$9,021.7
Forecast, 2030 (US$M)
$13,736.9
CAGR, 2025 - 2030
7.2%
Report Coverage
Latin America

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Latin America premium sportswear market, 2018-2030 (US$M)

Latin America premium sportswear market, 2018-2030 (US$M)

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Latin America premium sportswear market highlights

  • The Latin America premium sportswear market generated a revenue of USD 9,021.7 million in 2024.
  • The market is expected to grow at a CAGR of 7.2% from 2025 to 2030.
  • In terms of segment, top wear was the largest revenue generating product in 2024.
  • Bottom Wear is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2025 to 2030.

Latin America data book summary

Market revenue in 2024USD 9,021.7 million
Market revenue in 2030USD 13,736.9 million
Growth rate7.2% (CAGR from 2025 to 2030)
Largest segmentTop wear
Fastest growing segmentBottom Wear
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTop Wear, Bottom Wear, Underwear/ Base Layers
Key market players worldwideNike Inc Class B, Adidas AG, Puma SE, Under Armour Inc Class A, Lululemon Athletica Inc, ASICS Corp, Columbia Sportswear Company, New Balance, The North Face, Reebok International

Other key industry trends

  • In terms of revenue, Latin America region accounted for 8.4% of the global premium sportswear market in 2024.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 37,811.2 million by 2030.

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Premium Sportswear Market Companies

Name Profile # Employees HQ Website
The North Face View profile 1001-5000 Alameda, California, United States, North America http://www.thenorthface.com/
Columbia Sportswear Company View profile 5001-10000 Portland, Oregon, United States, North America https://www.columbiasportswearcompany.com/
Reebok International View profile 5001-10000 Canton, Massachusetts, United States, North America https://www.reebok.in/
New Balance View profile 5001-10000 Brighton, East Sussex, United Kingdom, Europe https://www.newbalance.co.uk
Lululemon Athletica Inc View profile 38000 1818 Cornwall Avenue, Vancouver, BC, Canada, V6J 1C7 https://www.lululemon.com
ASICS Corp View profile 10406 1-1, Minatojima-Nakamachi 7-chome, Chuo-ku, Kobe, Japan, 650-8555 http://www.asics.co.jp
Puma SE View profile 21164 Puma Way 1, Herzogenaurach, BY, Germany, 91074 https://www.puma.com
Adidas AG View profile 59030 Adi-Dassler-Strasse 1, Herzogenaurach, BY, Germany, 91074 https://www.adidas-group.com
Nike Inc Class B View profile 83700 One Bowerman Drive, Beaverton, OR, United States, 97005-6453 https://www.nike.com
Under Armour Inc Class A View profile 14800 1020 Hull Street, Baltimore, MD, United States, 21230 https://www.underarmour.com

Latin America premium sportswear market size, by country, 2018-2030 (US$M)

Latin America Premium Sportswear Market Outlook Share, 2024 & 2030 (US$M)

Latin America premium sportswear market size, by country, 2018-2030 (US$M)

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