$626.79 Billion Growth in Athleisure Market

The global athleisure market is forecast to witness significant growth in the coming decade, according to a new report published by The Brainy Insights.

Athleisure Boom The athleisure market was valued at USD 350 billion in 2022 and is expected to reach USD 626.79 billion by 2032. This represents an impressive CAGR of 6% from 2023 to 2032. The fitness industry is currently thriving, with rising social media presence and growing awareness about chronic lifestyle diseases driving market growth. The leading global athleisure market is North America, which held a 37% market revenue share in 2022. “The growth of the athleisure market is being driven by the convenience of activewear and its style-focusing designs,” said Avinash D, from Brainy Insights Pvt. Ltd. “Consumer preferences have shifted towards comfortable and fashionable clothing items, with athleisure apparel standing out in the market due to their combination of comfort and style.” The athleisure market is further fuelled by the increasing demand for sports and athletic apparel from youths and millennials. According to the report, traditional markets like the U.S. are expected to grow by 6.7% in revenue, while the emerging markets of India, South Korea, and Malaysia are growing at a much faster rate.

The athleisure market is expected to reach USD 626.79 billion by 2032, fuelled by increasing demand from millennials for comfortable and fashionable clothing items and driven by convenience and style-focusing designs.

The Brainy Insights provides clients with actionable market insights that help them make business decisions in their respective markets. To learn more about the global athleisure market and its growth prospects, contact the team today.