IMARC Group’s latest research report, titled “Activewear Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
The global activewear market reached a value of US$ 346.74 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 500.55 Billion by 2027, exhibiting a CAGR of 6.10% during 2022-2027. Activewear is clothing that is designed to be worn for sports and other outdoor activities. It is made from fabrics that absorb sweat and moisture, keeping the body temperature moderate. Activewear is highly comfortable, lightweight, breathable, versatile, helps prevent the odor, etc. It uses several materials, such as nylon, cotton, polyester, neoprene, spandex, etc. Activewear keeps muscles oxygenated, offers sun protection, increases the blood flow, and prevents rashes, chafing, muscle sprains, ligament-related injuries, etc. As a result, it is extensively utilized by men, women, and children for various activities.
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Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation by product type, material type, pricing, age group, distribution channel and end user.
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape for Activewear Market
- Strategies of major players and product offerings
The escalating number of campaigns to promote sports participation by various organizations across the globe is primarily driving the activewear market. Besides this, the elevating usage of green textiles to manufacture these items using sustainable methods and the increasing consciousness among individuals towards the benefits of healthy lifestyles are further augmenting the market growth. Apart from this, the inflating demand for leisure activities, including cycling and running, is also catalyzing the global market. In addition to this, the rising popularity of fitness apps on smartphones is acting as another significant growth-inducing factor. Moreover, the emerging trend of celebrity collaborations with direct-to-consumer (D2C) businesses and the widespread availability of several brands through offline and online distribution channels are also positively influencing the product demand. Furthermore, leading manufacturers are expanding the research and development (R&D) activities into developing smart clothing for monitoring performance, maintaining a workout routine, and providing real-time feedback, which is expected to propel the activewear market in the coming years.
Key Players Included in Global Activewear Market Research Report:
- Adidas AG
- ASICS Corporation
- Columbia Sportswear Company
- DICK’s Sporting Goods Inc.
- Forever 21
- Gap Inc.
- Nike Inc.
- Puma SE
- PVH Corp.
- Skechers USA Inc.
- The North Face (VF Corporation) and Under Armour Inc.
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COVID-19 Impact Overview:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Key Market Segmentation:
Breakup by Product Type:
- Top Activewear
- Bottom Activewear
- Innerwear
- Swimwear
- Outerwear
Breakup by Material Type:
- Nylon
- Polyester
- Cotton
- Neoprene
- Polypropylene
- Spandex
Breakup by Pricing:
- Economy
- Premium
Breakup by Age Group:
- 1 – 15 Years
- 16 – 30 Years
- 31 – 44 Years
- 45 – 64 Years
- More than 65 Years
Breakup by Distribution Channel:
- Online Stores
- Offline Stores
Breakup by End User:
- Men
- Women
- Kids
Market Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
TOC for the Activewear Market Research Report:
- Preface
- Scope and Methodology
- Executive Summary
- Introduction
- Global Activewear Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
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