Athleisure Market Insights 2023, Analysis and Forecast to 2030
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This report describes the global market size of Athleisure Market from 2018 to 2021 and its CAGR from 2018 to 2021, and also forecasts its market size to the end of 2030 and its expected to grow with a CAGR of 8.6% from 2023 to 2030.
Athleisure is a fashion trend that is defined by athletic attire that is both style and comfortability. Athleisure's expansion has given investors a lot of chances.
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Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Athleisure Market estimated at US $ million in the year 2022, is projected to reach a revised size of US$ million by
2030, growing at a CAGR of 8.6% during the forecast period 2023-2030. North American market for Athleisure Market is estimated to increase from $million in 2022 to reach $ million by 2030, at a CAGR of % during the forecast period of 2023 through 2030.
For geography segment, regional supply, demand, major players, price is presented from 2018 to 2030. This report cover following regions:
North America
Asia-Pacific
Europe
Middle East and Africa
South America
The key countries for each regions are also included such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
For competitor segment, the report include global key players of Athleisure Market as well as some small players. The information for each competitor include:
Company Profile
Main Business Information
SWOT Analysis
Sales Volume, Revenue, Price and Gross Margin
Market Share
By Processing
Mass
Premium
With a value share of more than 64.3% in 2022, the mass athleisure segment dominated the market. Athletic-casual attire is increasingly accepted in a variety of social contexts. Many of the garments that are currently regarded as appropriate for the workplace are made of sports-inspired materials like spandex, Lycra, and other synthetic fibres.
Wellness has developed from a specialised lifestyle choice to a new status symbol and an industry-spanning expression of personal values that spans high-end travel, high-end cosmetics, and fitness. Streetwear athleisure trends, which are driven by modern affluent customers' need to combine comfort and style, have had a significant impact on luxury fashion.
By Product
Yoga Apparels
Shirts
Leggings
Shorts
Others
With a share of more than 32.4% in 2022, the shirt sector dominated the market in terms of product. Due to their ability to combine comfort and style, athleisure shirts are in higher demand. Leading companies in the market, like Lululemon and Athleta, have been expanding their product lines, which has aided in the expansion of the sector. In order to meet the rising consumer demand, this has prompted several retailers to introduce their own product lines.
The yoga apparel market is anticipated to increase at the quickest rate, 11.2%, between 2023 and 2030.Yoga has gained popularity as a mind-body exercise, especially over the past few years, which has resulted in a rise in the number of yoga practitioners worldwide.
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By End User
Men
Women
Children
With a share of more than 40.7% among end users, women dominated the business in 2022. This market has been driven by the emergence of local and domestic firms that are only focused on selling clothing for women.
The sector for children is anticipated to increase at the quickest rate, 10.2% from 2023 to 2030. Sportswear and athleisure sales have increased dramatically over the world as a result of youngsters doing more sports. Parents are encouraging their kids to participate in a variety of sports due to the growing knowledge of the negative impacts of obesity and the growing need to foster confidence in kids.
By Distribution Channel
Online
Offline
The category for online distribution channels is anticipated to increase at the fastest pace, 8.9%, between 2023 and 2030.Digital innovation, increasing globalisation, and changes in consumer purchasing habits are causing seismic shifts in the fashion industry.
Independent companies are creating high-quality running gear for runners looking for goods that match their demands and their style by utilising social media marketing and internet shopping.
By Region
North America
APAC
Europe
South America
Middle East & Africa
In 2022, North America was the largest region and was responsible for the highest percentage of revenue more than 34.6%. More Americans than ever before are working from home as a result of the pandemic. As a result, there is a higher demand for athleisure items like sweatpants and pyjamas. According to a consumer survey, 14% of shoppers have bought cosy clothes, such pyjamas or athleisure, online since the COVID-19 pandemic began.
When it comes to spending on research and development for textiles and ethical clothing materials made using low-impact methods, like organic cotton and recycled nylon, the United States is one of the major nations in the North American region.
By Company
Under Armour , Inc.
Patagonia , Inc.
WEAR Pact, LLC
lululemon Athletica
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