The research team projects that the Activewear market size will grow from XXX in 2024 to XXX by 2029, at an estimated CAGR of XX. The base year considered for the study is 2023, and the market size is projected from 2024 to 2029.
The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing with 10 major regions and 50 major countries. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.
By Market Players:
Adidas AG
Asics Corporation
Columbia Sportswear Company
Dick's Sporting Goods
Gap
Nike
The North Face
Phillips-Van Heusen Corporation
Puma
Under Armour
By Type
Polyester
Nylon
Neoprene
Polypropylene
Spandex
Cotton
Others
By Application
Man
Woman
Child
By Regions/Countries:
North America
United States
Canada
Mexico
East Asia
China
Japan
South Korea
Europe
Germany
United Kingdom
France
Italy
Russia
Spain
Netherlands
Switzerland
Poland
South Asia
India
Pakistan
Bangladesh
Southeast Asia
Indonesia
Thailand
Singapore
Malaysia
Philippines
Vietnam
Myanmar
Middle East
Turkey
Saudi Arabia
Iran
United Arab Emirates
Israel
Iraq
Qatar
Kuwait
Oman
Africa
Nigeria
South Africa
Egypt
Algeria
Morocoo
Oceania
Australia
New Zealand
South America
Brazil
Argentina
Colombia
Chile
Venezuela
Peru
Puerto Rico
Ecuador
Rest of the World
Kazakhstan
Points Covered in The Report
The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analyzed 12 years data history and forecast.
The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.
Data and information by market player, by region, by type, by application and etc, and custom research can be added according to specific requirements.
The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
Key Reasons to Purchase
To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
Besides the standard structure reports, we also provide custom research according to specific requirements.
The report focuses on Global, Top 10 Regions and Top 50 Countries Market Size of Activewear 2018-2023, and development forecast 2024-2029 including industries, major players/suppliers worldwide and market share by regions, with company and product introduction, position in the market including their market status and development trend by types and applications which will provide its price and profit status, and marketing status & market growth drivers and challenges, with base year as 2020.
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2018-2023 & Sales by Product Types.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2024-2029. Further the report provides break down details about each region & countries covered in the report. Identifying its production, consumption, import & export, sales volume & revenue forecast.
Market Analysis by Product Type: The report covers majority Product Types in the Activewear Industry, including its product specifcations by each key player, volume, sales by Volume and Value (M USD).
Markat Analysis by Application Type: Based on the Activewear Industry and its applications, the market is further sub-segmented into several major Application of its industry. It provides you with the market size, CAGR & forecast by each industry applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report will provide with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
COVID-19 Impact
Report covers Impact of Coronavirus COVID-19: Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Activewear market in 2023. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Activewear Revenue
1.4 Market Analysis by Type
1.4.1 Global Activewear Market Size Growth Rate by Type: 2024 VS 2029
1.4.2 Polyester
1.4.3 Nylon
1.4.4 Neoprene
1.4.5 Polypropylene
1.4.6 Spandex
1.4.7 Cotton
1.4.8 Others
1.5 Market by Application
1.5.1 Global Activewear Market Share by Application: 2024-2029
1.5.2 Man
1.5.3 Woman
1.5.4 Child
1.6 Study Objectives
1.7 Years Considered
1.8 Overview of Global Activewear Market
1.8.1 Global Activewear Market Status and Outlook (2018-2029)
1.8.2 North America
1.8.3 East Asia
1.8.4 Europe
1.8.5 South Asia
1.8.6 Southeast Asia
1.8.7 Middle East
1.8.8 Africa
1.8.9 Oceania
1.8.10 South America
1.8.11 Rest of the World
1.9 Global Market Growth Prospects
1.9.1 Global Activewear Revenue Estimates and Forecasts (2018-2029)
1.9.2 Global Activewear Production Capacity Estimates and Forecasts (2018-2029)
1.9.3 Global Activewear Production Estimates and Forecasts (2018-2029)
2 Manufacturing Cost Structure Analysis
2.1 Raw Material
2.2 Manufacturing Cost Structure Analysis of Activewear
2.3 Manufacturing Process Analysis of Activewear
2.4 Industry Chain Structure of Activewear
3 Development and Manufacturing Plants Analysis of Activewear
3.1 Top Manufacturers Headquarters, Rank by Activewear Production
3.2 Global Activewear Manufacturing Plants Distribution and Commercial Production Date
4 Market Competition by Manufacturers
4.1 Global Activewear Production Capacity Market Share by Manufacturers (2018-2023)
4.2 Global Activewear Revenue Market Share by Manufacturers (2018-2023)
4.3 Global Activewear Average Price by Manufacturers (2018-2023)
4.4 Manufacturers Activewear Production Sites, Area Served, Product Type
5 Activewear Regional Market Analysis
5.1 Activewear Production by Regions
5.1.1 Global Activewear Production by Regions (2018-2023)
5.1.2 Global Activewear Revenue by Regions
5.2 Activewear Consumption by Regions
5.3 North America Activewear Market Analysis
5.3.1 North America Activewear Production
5.3.2 North America Activewear Revenue
5.3.3 Key Manufacturers in North America
5.3.4 North America Activewear Import and Export
5.4 East Asia Activewear Market Analysis
5.4.1 East Asia Activewear Production
5.4.2 East Asia Activewear Revenue
5.4.3 Key Manufacturers in East Asia
5.4.4 East Asia Activewear Import & Export
5.5 Europe Activewear Market Analysis
5.5.1 Europe Activewear Production
5.5.2 Europe Activewear Revenue
5.5.3 Key Manufacturers in Europe
5.5.4 Europe Activewear Import & Export
5.6 South Asia Activewear Market Analysis
5.6.1 South Asia Activewear Production
5.6.2 South Asia Activewear Revenue
5.6.3 Key Manufacturers in South Asia
5.6.4 South Asia Activewear Import & Export
5.7 Southeast Asia Activewear Market Analysis
5.7.1 Southeast Asia Activewear Production
5.7.2 Southeast Asia Activewear Revenue
5.7.3 Key Manufacturers in Southeast Asia
5.7.4 Southeast Asia Activewear Import & Export
5.8 Middle East Activewear Market Analysis
5.8.1 Middle East Activewear Production
5.8.2 Middle East Activewear Revenue
5.8.3 Key Manufacturers in Middle East
5.8.4 Middle East Activewear Import & Export
5.9 Africa Activewear Market Analysis
5.9.1 Africa Activewear Production
5.9.2 Africa Activewear Revenue
5.9.3 Key Manufacturers in Africa
5.9.4 Africa Activewear Import & Export
5.10 Oceania Activewear Market Analysis
5.10.1 Oceania Activewear Production
5.10.2 Oceania Activewear Revenue
5.10.3 Key Manufacturers in Oceania
5.10.4 Oceania Activewear Import & Export
5.11 South America Activewear Market Analysis
5.11.1 South America Activewear Production
5.11.2 South America Activewear Revenue
5.11.3 Key Manufacturers in South America
5.11.4 South America Activewear Import & Export
6 Activewear Sales Market by Type (2018-2029)
6.1 Global Activewear Historic Market Size by Type (2018-2023)
6.2 Global Activewear Forecasted Market Size by Type (2024-2029)
7 Activewear Consumption Market by Application(2018-2029)
7.1 Global Activewear Historic Market Size by Application (2018-2023)
7.2 Global Activewear Forecasted Market Size by Application (2024-2029)
8 Company Profiles and Key Figures in Activewear Business
8.1 Adidas AG
8.1.1 Adidas AG Company Profile
8.1.2 Adidas AG Activewear Product Specification
8.1.3 Adidas AG Activewear Production Capacity, Revenue, Price and Gross Margin (2018-2023)
8.2 Asics Corporation
8.2.1 Asics Corporation Company Profile
8.2.2 Asics Corporation Activewear Product Specification
8.2.3 Asics Corporation Activewear Production Capacity, Revenue, Price and Gross Margin (2018-2023)
8.3 Columbia Sportswear Company
8.3.1 Columbia Sportswear Company Company Profile
8.3.2 Columbia Sportswear Company Activewear Product Specification
8.3.3 Columbia Sportswear Company Activewear Production Capacity, Revenue, Price and Gross Margin (2018-2023)
8.4 Dick's Sporting Goods
8.4.1 Dick's Sporting Goods Company Profile
8.4.2 Dick's Sporting Goods Activewear Product Specification
8.4.3 Dick's Sporting Goods Activewear Production Capacity, Revenue, Price and Gross Margin (2018-2023)
8.5 Gap
8.5.1 Gap Company Profile
8.5.2 Gap Activewear Product Specification
8.5.3 Gap Activewear Production Capacity, Revenue, Price and Gross Margin (2018-2023)
8.6 Nike
8.6.1 Nike Company Profile
8.6.2 Nike Activewear Product Specification
8.6.3 Nike Activewear Production Capacity, Revenue, Price and Gross Margin (2018-2023)
8.7 The North Face
8.7.1 The North Face Company Profile
8.7.2 The North Face Activewear Product Specification
8.7.3 The North Face Activewear Production Capacity, Revenue, Price and Gross Margin (2018-2023)
8.8 Phillips-Van Heusen Corporation
8.8.1 Phillips-Van Heusen Corporation Company Profile
8.8.2 Phillips-Van Heusen Corporation Activewear Product Specification
8.8.3 Phillips-Van Heusen Corporation Activewear Production Capacity, Revenue, Price and Gross Margin (2018-2023)
8.9 Puma
8.9.1 Puma Company Profile
8.9.2 Puma Activewear Product Specification
8.9.3 Puma Activewear Production Capacity, Revenue, Price and Gross Margin (2018-2023)
8.10 Under Armour
8.10.1 Under Armour Company Profile
8.10.2 Under Armour Activewear Product Specification
8.10.3 Under Armour Activewear Production Capacity, Revenue, Price and Gross Margin (2018-2023)
9 Production and Supply Forecast
9.1 Global Forecasted Production of Activewear (2024-2029)
9.2 Global Forecasted Revenue of Activewear (2024-2029)
9.3 Global Forecasted Price of Activewear (2018-2029)
9.4 Global Forecasted Production of Activewear by Region (2024-2029)
9.4.1 North America Activewear Production, Revenue Forecast (2024-2029)
9.4.2 East Asia Activewear Production, Revenue Forecast (2024-2029)
9.4.3 Europe Activewear Production, Revenue Forecast (2024-2029)
9.4.4 South Asia Activewear Production, Revenue Forecast (2024-2029)
9.4.5 Southeast Asia Activewear Production, Revenue Forecast (2024-2029)
9.4.6 Middle East Activewear Production, Revenue Forecast (2024-2029)
9.4.7 Africa Activewear Production, Revenue Forecast (2024-2029)
9.4.8 Oceania Activewear Production, Revenue Forecast (2024-2029)
9.4.9 South America Activewear Production, Revenue Forecast (2024-2029)
9.4.10 Rest of the World Activewear Production, Revenue Forecast (2024-2029)
9.5 Forecast by Type and by Application (2024-2029)
9.5.1 Global Sales Volume, Sales Revenue and Sales Price Forecast by Type (2024-2029)
9.5.2 Global Forecasted Consumption of Activewear by Application (2024-2029)
10 Consumption and Demand Forecast
10.1 North America Forecasted Consumption of Activewear by Country
10.2 East Asia Market Forecasted Consumption of Activewear by Country
10.3 Europe Market Forecasted Consumption of Activewear by Countriy
10.4 South Asia Forecasted Consumption of Activewear by Country
10.5 Southeast Asia Forecasted Consumption of Activewear by Country
10.6 Middle East Forecasted Consumption of Activewear by Country
10.7 Africa Forecasted Consumption of Activewear by Country
10.8 Oceania Forecasted Consumption of Activewear by Country
10.9 South America Forecasted Consumption of Activewear by Country
10.10 Rest of the world Forecasted Consumption of Activewear by Country
11 Marketing Channel, Distributors and Customers
11.1 Marketing Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
12 Market Dynamics
12.1 Market Trends
12.2 Opportunities and Drivers
12.3 Challenges
12.4 Porter's Five Forces Analysis
13 Conclusion
14 Appendix
14.1 Methodology/Research Approach
14.1.1 Research Programs/Design
14.1.2 Market Size Estimation
14.1.3 Market Breakdown and Data Triangulation
14.2 Data Source
14.2.1 Secondary Sources
14.2.2 Primary Sources
14.3 Disclaimer
Key Players Covered: Ranking by Activewear Revenue 2018-2023
Global Activewear Market Size by Type: 2024-2029
Global Activewear Market Size by Application: 2024-2029
Activewear Production Rank and Commercial Production Date of Key Manufacturers
Global Activewear Manufacturing Plants Distribution and Commercial Production Date
Global Activewear Production Capacity by Manufacturers
Global Activewear Production by Manufacturers (2018-2023)
Global Activewear Production Market Share by Manufacturers (2018-2023)
Global Activewear Revenue by Manufacturers (2018-2023)
Global Activewear Revenue Share by Manufacturers (2018-2023)
Global Market Activewear Average Price of Key Manufacturers (2018-2023)
Manufacturers Activewear Production Sites and Area Served
Manufacturers Activewear Product Type
Global Activewear Production by Regions (2018-2023)
Global Activewear Production Market Share by Regions (2018-2023)
Global Activewear Revenue by Regions (2018-2023)
Global Activewear Revenue Market Share by Regions (2018-2023)
Global Activewear Consumption by Regions (2018-2023)
Global Activewear Consumption Market Share by Regions (2018-2023)
Key Activewear Players Sales Volume in North America
North America Activewear Production, Consumption Import and Export
Key Activewear Players Sales Volume in East Asia
East Asia Activewear Production, Consumption Import and Export
Key Activewear Players Sales Volume in Europe
Europe Activewear Production, Consumption Import and Export
Key Activewear Players Sales Volume in South Asia
South Asia Activewear Production, Consumption Import and Export
Key Activewear Players Sales Volume in Southeast Asia
Southeast Asia Activewear Production, Consumption Import and Export
Key Activewear Players Sales Volume in Middle East
Middle East Activewear Production, Consumption Import and Export
Key Activewear Players Sales Volume in Africa
Africa Activewear Production, Consumption Import and Export
Key Activewear Players Sales Volume in Oceania
Oceania Activewear Production, Consumption Import and Export
Key Activewear Players Sales Volume in South America
South America Activewear Production, Consumption Import and Export
Global Activewear Market Size by Type (2018-2023)
Global Activewear Revenue Market Share by Type (2018-2023)
Global Activewear Forecasted Market Size by Type (2024-2029)
Global Activewear Revenue Market Share by Type (2024-2029)
Global Activewear Market Size by Application (2018-2023)
Global Activewear Revenue Market Share by Application (2018-2023)
Global Activewear Forecasted Market Size by Application (2024-2029)
Global Activewear Revenue Market Share by Application (2024-2029)
Adidas AG Activewear Production Capacity, Revenue, Price and Gross Margin (2018-2023)
Asics Corporation Activewear Production Capacity, Revenue, Price and Gross Margin (2018-2023)
Columbia Sportswear Company Activewear Production Capacity, Revenue, Price and Gross Margin (2018-2023)
Table Dick's Sporting Goods Activewear Production Capacity, Revenue, Price and Gross Margin (2018-2023)
Gap Activewear Production Capacity, Revenue, Price and Gross Margin (2018-2023)
Nike Activewear Production Capacity, Revenue, Price and Gross Margin (2018-2023)
The North Face Activewear Production Capacity, Revenue, Price and Gross Margin (2018-2023)
Phillips-Van Heusen Corporation Activewear Production Capacity, Revenue, Price and Gross Margin (2018-2023)
Puma Activewear Production Capacity, Revenue, Price and Gross Margin (2018-2023)
Under Armour Activewear Production Capacity, Revenue, Price and Gross Margin (2018-2023)
Global Activewear Production Forecast by Region (2024-2029)
Global Activewear Sales Volume Forecast by Type (2024-2029)
Global Activewear Sales Volume Market Share Forecast by Type (2024-2029)
Global Activewear Sales Revenue Forecast by Type (2024-2029)
Global Activewear Sales Revenue Market Share Forecast by Type (2024-2029)
Global Activewear Sales Price Forecast by Type (2024-2029)
Global Activewear Consumption Volume Forecast by Application (2024-2029)
Global Activewear Consumption Value Forecast by Application (2024-2029)
North America Activewear Consumption Forecast 2024-2029 by Country
East Asia Activewear Consumption Forecast 2024-2029 by Country
Europe Activewear Consumption Forecast 2024-2029 by Country
South Asia Activewear Consumption Forecast 2024-2029 by Country
Southeast Asia Activewear Consumption Forecast 2024-2029 by Country
Middle East Activewear Consumption Forecast 2024-2029 by Country
Africa Activewear Consumption Forecast 2024-2029 by Country
Oceania Activewear Consumption Forecast 2024-2029 by Country
South America Activewear Consumption Forecast 2024-2029 by Country
Rest of the world Activewear Consumption Forecast 2024-2029 by Country
Market Key Trends
Key Opportunities and Drivers: Impact Analysis (2024-2029)
Key Challenges
Research Programs/Design for This Report
Key Data Information from Secondary Sources
Key Data Information from Primary Sources
Global Activewear Market Share by Type: 2023 VS 2029
Polyester Features
Nylon Features
Neoprene Features
Polypropylene Features
Spandex Features
Cotton Features
Others Features
Global Activewear Market Share by Application: 2023 VS 2029
Man Case Studies
Woman Case Studies
Child Case Studies
Activewear Report Years Considered
Global Activewear Market Status and Outlook (2018-2029)
North America Activewear Revenue (Value) and Growth Rate (2018-2029)
East Asia Activewear Revenue (Value) and Growth Rate (2018-2029)
Europe Activewear Revenue (Value) and Growth Rate (2018-2029)
South Asia Activewear Revenue (Value) and Growth Rate (2018-2029)
South America Activewear Revenue (Value) and Growth Rate (2018-2029)
Middle East Activewear Revenue (Value) and Growth Rate (2018-2029)
Africa Activewear Revenue (Value) and Growth Rate (2018-2029)
Oceania Activewear Revenue (Value) and Growth Rate (2018-2029)
South America Activewear Revenue (Value) and Growth Rate (2018-2029)
Rest of the World Activewear Revenue (Value) and Growth Rate (2018-2029)
Global Activewear Revenue (2018-2029)
Global Activewear Production Capacity (2018-2029)
Global Activewear Production (2018-2029)
Manufacturing Cost Structure Analysis of Activewear in 2023
Manufacturing Process Analysis of Activewear
Industry Chain Structure of Activewear
Global Activewear Production Market Share by Regions in 2023
Global Activewear Revenue Market Share by Regions in 2023
North America Activewear Production Growth Rate 2018-2023
North America Activewear Revenue Growth Rate 2018-2023
East Asia Activewear Production Growth Rate 2018-2023
East Asia Activewear Revenue Growth Rate 2018-2023
Europe Activewear Production Growth Rate 2018-2023
Europe Activewear Revenue Growth Rate 2018-2023
South Asia Activewear Production Growth Rate 2018-2023
South Asia Activewear Revenue Growth Rate 2018-2023
Southeast Asia Activewear Production Growth Rate 2018-2023
Southeast Asia Activewear Revenue Growth Rate 2018-2023
Middle East Activewear Production Growth Rate 2018-2023
Middle East Activewear Revenue Growth Rate 2018-2023
Africa Activewear Production Growth Rate 2018-2023
Africa Activewear Revenue Growth Rate 2018-2023
Oceania Activewear Production Growth Rate 2018-2023
Oceania Activewear Revenue Growth Rate 2018-2023
South America Activewear Production Growth Rate 2018-2023
South America Activewear Revenue Growth Rate 2018-2023
Adidas AG Activewear Product Specification
Asics Corporation Activewear Product Specification
Columbia Sportswear Company Activewear Product Specification
Dick's Sporting Goods Activewear Product Specification
Gap Activewear Product Specification
Nike Activewear Product Specification
The North Face Activewear Product Specification
Phillips-Van Heusen Corporation Activewear Product Specification
Puma Activewear Product Specification
Under Armour Activewear Product Specification
Global Activewear Production Capacity Growth Rate Forecast (2024-2029)
Global Activewear Revenue Growth Rate Forecast (2024-2029)
Global Activewear Price and Trend Forecast (2018-2029)
North America Activewear Production Growth Rate Forecast (2024-2029)
North America Activewear Revenue Growth Rate Forecast (2024-2029)
East Asia Activewear Production Growth Rate Forecast (2024-2029)
East Asia Activewear Revenue Growth Rate Forecast (2024-2029)
Europe Activewear Production Growth Rate Forecast (2024-2029)
Europe Activewear Revenue Growth Rate Forecast (2024-2029)
South Asia Activewear Production Growth Rate Forecast (2024-2029)
South Asia Activewear Revenue Growth Rate Forecast (2024-2029)
Southeast Asia Activewear Production Growth Rate Forecast (2024-2029)
Southeast Asia Activewear Revenue Growth Rate Forecast (2024-2029)
Middle East Activewear Production Growth Rate Forecast (2024-2029)
Middle East Activewear Revenue Growth Rate Forecast (2024-2029)
Africa Activewear Production Growth Rate Forecast (2024-2029)
Africa Activewear Revenue Growth Rate Forecast (2024-2029)
Oceania Activewear Production Growth Rate Forecast (2024-2029)
Oceania Activewear Revenue Growth Rate Forecast (2024-2029)
South America Activewear Production Growth Rate Forecast (2024-2029)
South America Activewear Revenue Growth Rate Forecast (2024-2029)
Rest of the World Activewear Production Growth Rate Forecast (2024-2029)
Rest of the World Activewear Revenue Growth Rate Forecast (2024-2029)
North America Activewear Consumption Forecast 2024-2029
East Asia Activewear Consumption Forecast 2024-2029
Europe Activewear Consumption Forecast 2024-2029
South Asia Activewear Consumption Forecast 2024-2029
Southeast Asia Activewear Consumption Forecast 2024-2029
Middle East Activewear Consumption Forecast 2024-2029
Africa Activewear Consumption Forecast 2024-2029
Oceania Activewear Consumption Forecast 2024-2029
South America Activewear Consumption Forecast 2024-2029
Rest of the world Activewear Consumption Forecast 2024-2029
Channels of Distribution
Porter's Five Forces Analysis
Key Executives Interviewed
Publisher: HNY Research
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