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Growing healthy and leisure awareness, increasing disposable income and a surge in female participation in sports globally are the major factors driving this rapid growth. North America currently dominates the market, accounting for over 30% of the market share, largely thanks to the US being the global leader for sportswear products. However, North America, as well as Europe, will see their market share decline in the coming years as the Asia-Pacific is primed for large growth in this space. Emerging markets in Asia such as China, India, Japan and Thailand are expected to experience significant demand for sports and fitness apparel over the next few years. Connect with over 1,000 sports apparel and clothing companies listed on BizVibe The US Continues to Lead the Global Sportswear Market Recent reports show that the size of the sportswear market in the US is estimated at USD 44 billion and is expected to grow at a CAGR of 3.1% over the next five years. The US is currently the worlds largest sportswear market with the highest sportswear sales in the world, and its leading position is likely to be maintained through 2020. Currently, the mens sports apparel segment is dominating the US sportswear market, while the childrens sports apparel segment and womens sports apparel segment are growing rapidly, due to the increasing participation of the population in fitness activities like running or yoga. Connect with the top sportswear companies in the US listed on BizVibe Sportswear Market in China Registering Rapid Growth The sportswear market in China is growing at a staggering rate of 11%, outgrowing the United States rate by nearly four times. The market boom in China is mainly driven by the growing population participating in sports, preferential government initiatives and evolving fashion trends. Sportswear in China is finding success where other types of apparel are beginning to struggle.
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...as found by BBC Monitoring 19 April 2017 These are external links and will open in a new window Close share panel Image copyright Getty Images Image caption South Koreans will be able to opt out of carrying loose change in their pockets South Korea is starting a trial which could เสื้อคู่รัก สวย ๆ result in banishing its largely worthless เสื้อคู่รัก สวย ๆ coins from the country's economy. Starting on Thursday, instead of accepting small change from purchases, customers at selected stores can instead opt to deposit it onto prepaid cards such as transportation cards, the Yonhap news agency reports . This means that customers won't have to carry change in their pockets after making cash payments, the Bank of Korea (BOK) says. Some of South Korea's major convenience stores are taking part in the scheme and, if the initial trial is a success, bank officials plan to allow change to be remitted straight into bank accounts by next year. According to the Korea Herald , nearly two-thirds of people surveyed by BOK say they don't carry coins any more, with half of those polled supporting plans for a coinless society. One of the major drives behind the move - apart from the convenience to the public - is the cost of producing the coins balanced against their actual value. The lowly 10 won coin represents the equivalent of around half a British penny; while the largest value coin is 500 won, worth around 35p, or 44 US cents. The lowest value bank note is 1,000 won. According to BOK, the country spent 53.7 billion won ($47m; 36.7m) on producing coins in 2016. Cha Hyeon-jin, one of the officials behind the scheme, says that while no long-term decisions have been made, there's a "good chance" that going coinless could eventually lead to a totally cashless society in South Korea at some stage in the future.
"Someone should have seen this before it was produced and put up for sale," she said. Caption Weekend Roundup: 7 stories you can't miss How some Central Californians are trying to save water for the state's next dry spell.L.A. is already the top U.S. destination for Chinese tourists but can VR technology draw even bigger numbers? The podcast is "unapologetically conservative." Southern California Edison , get ready for some competition.How the construction workforce has changed over time.Juan Manuel Montes was protected under DACA but he was deported to Mexico -- so now he's suing.The 22nd L.A. Times Festival of Books is this weekend. Credits:Mark Boster / Liliana Nieto del Rio / Christina House / KTLA / Albert Lee / Los Angeles Times / Francine Orr / Mariah Tauger How some Central Californians are trying to save water for the state's next dry spell.L.A. is already the top U.S. destination for Chinese tourists but can VR technology draw even bigger numbers? The podcast is "unapologetically conservative." Southern California Edison , get ready for some competition.How the construction workforce has changed over time.Juan Manuel Montes was protected under DACA but he was deported to Mexico -- so now he's suing.The 22nd L.A. Times Festival of Books is this weekend. Credits:Mark Boster / Liliana Nieto del Rio / Christina House / KTLA / Albert Lee / Los Angeles Times / Francine Orr / Mariah Tauger Caption Weekend Roundup: 7 stories you can't miss How some Central Californians are trying to save water for the state's next dry spell.L.A.
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