伯恩斯坦：2026年全球运动服饰中国行业现状报告（英文版）

China has been the most tumultuous of the major markets for Sportswear over the last six years. Since 2019, external catalysts such as the cotton boycotts, COVID lockdowns and broader economic pressure have meaningfully disrupted market growth. As a result, the sector has experienced significant volatility and fragmentation in recent years, slowing down from ~13% CAGR from 2014-2019 to~5% CAGR from 2019-2025