openPR Logo
Press release

Athleisure Market 2020 Rising Trends, Huge Demand, Business Strategies, High Growth Rate by 2030 | Impacts of COVID-19

11-06-2020 11:14 AM CET | IT, New Media & Software

Press release from: Market Industry Reports

The global athleisure market is estimated to be over US$ 164.8 billion in 2019. It is anticipated to grow at a CAGR 6.2% from 2019 to 2030.

The significant growth of the market can be attributed to increasing involvement of developing nations into sports and fitness activities. Also, increasing disposable income and active brand promotions has led to the popularity and increased market sales which has led the growth of the athleisure market over the forecast period. Extensive research and development by major companies across the globe to introduce athleisure technology with maximum safety and precision is expected to contribute to market expansion. The collaborations between leading sportswear brands and fashion designers is nothing new. In 2019, many sports brands and known fashion designers are working jointly such as Nike x Matthew Williams, Veilance, Satisfy, and Lululemon x Robert Geller that has promoted to the growth of the market.

Top Players are:

The prominent players in the global athleisure market are Nike, Inc., Adidas AG, PUMA SE, The Gap, Inc., Under Armour, Inc., H&M, Columbia Sportswear Company, Lululemon athletica inc., PVH Corp., The North Face (VF Corporation (VFC)) ,Aamong others.

Get Sample Copy of Report “Athleisure Market” (for early services, use business email id) @
https://www.marketindustryreports.com/pdf/205

COVID-19 Impact on the Global Athleisure Market:

The emergence of COVID-19 has created several disturbances in smooth functioning of businesses including production, delayed delivery of raw materials, reduced population in workspaces, supply chain interruptions, price fluctuations, and reduced demand from end users and customers. However, researchers have managed to study about the recent strategies during pandemic to avert huge losses and contribute stability of the Global Athleisure Market. The report also mentions about the futuristic strategies and planning of the business owners post pandemic.

Growing Factor:

Athleisure is the fastest growing category in fashion industry, increasing wellness aspirations and celebrity endorsement on social media add impetus to the growth of this market. Wellness is the new status symbol, and increasing numbers of consumers are showcasing their healthy lifestyles on social media, posting photos of themselves wearing athleisure apparel and consumers prefer premium fashion choices that are both comfortable and stylish. In addition, increasing popularity of yoga globally along with enhancement of fashion trends and demand for high-tech materials and unique stitching is expected to propel the growth of the athleisure market.

Athleisure is a best combination of casual style with sports appeal, it brings together fashion cultures, active wear and urban lifestyle. Increasing acceptance of comfortable casual wear in workplaces and corporates such as sweat pants, wollen pants, and sneakers are likely to drive the growth of market. In Addition, rising availability of gyms and fitness centers in workplace motivates the employees to adopt the new athleisure product. This in turn aids the substantial growth of the athleisure market.

Athleisure market is more about demanding quality and performance in every setting. Companies such as H&M have already found it difficult to avoid inventory crunch because their entire business model revolves around selling low-margin items at high volumes. Moreover, domestic manufacturer’s practices use of harmful chemicals in athleisure wear which causes illness to users. These are the factors is expected to restrain the growth of the athleisure market.

Go For Interesting Discount @
https://www.marketindustryreports.com/discount/205

Segmentation Based On:

By Product Type -

Sneaker,
Joggers,
Leggings,
Hoodies, Others

By Distribution Channel -

Online
Offline

Regional Analysis:

North America is estimated to account for the highest CAGR in athleisure market over forecast period. The presence of major market players, higher awareness of products and greater purchasing capacity in the region which creates lucrative opportunity for growth of the market in this region. For instance, in Asia Pacific, increasing brand awareness mainly due to the celebrity brand endorsements of products and increasing population involvement into health and fitness related activities are some of the factors for market growth.

Have Anay Query? Inquire Here @
https://www.marketindustryreports.com/inquiry/205

Table of Contents

1.INTRODUCTION
1.Market Definition
2.Market Ecosystem
1.Market Classification
2.Geographic Scope
3.Years Considered for the Study
1.Historical Years – 2016 & 2017
2.Base Year – 2018
3.Forecasted Years – 2019 to 2030
3.Currency Used for the Study
4.Report Beneficiary List

2.RESEARCH METHODOLOGY
1.Research Framework
2.Data Collection Technique
3.Data Sources
1.Secondary Sources
2.Primary Sources
4.Market Estimation Methodology
1.Bottoms Up Approach
2.Top Down Approach
5.Data Validation and Triangulation
1.Market Forecasting Model
2.Limitations of the Study
3.Assumptions of the Study

3.ABSTRACT OF THE STUDY

4.MARKET DYNAMICS ASSESMENT
1.Overview
2.Drivers
3.Barriers/Challenges
4.Opportunities

In the end, Mobility as a Service Market industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

Read Full Report @ https://www.marketindustryreports.com/athleisure-market/205

About Market Industry Reports

Market Industry Reports is a global leader in market measurement & advisory services, Market Industry Reports is at the forefront of innovation to address the worldwide industry trends and opportunities. We identified the caliber of market dynamics & hence we excel in the areas of innovation and optimization, integrity, curiosity, customer and brand experience, and strategic business intelligence through our research.

Contact Us:

Phone: + 91 8956767535
Email: sales@marketindustryreports.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Athleisure Market 2020 Rising Trends, Huge Demand, Business Strategies, High Growth Rate by 2030 | Impacts of COVID-19 here

News-ID: 2182333 • Views:

More Releases from Market Industry Reports

Biosimilar Market Increasing Demand, Industry Share, Revenue Analysis by 2027
The Global “Biosimilar Market” research delves into detailed and insightful data on important variables such as regional growth, segmentation, and CAGR. The research contains a broad overview of the industry as well as a detailed explanation with a wealth of data. In addition, the production and management variety of end-user sectors. The research on the Biosimilar market for the review period of 2021 – 2027 includes an in-depth assessment of
Wind Tunnel Testing Market to Witness an Outstanding Growth During 2020 - 2030 - …
Wind tunnels are basically the large sized tubes which hold the air moving inside. The wind tunnels are specially used to imitate the acts of objects in the flight. They are also used by the researchers to gain more knowledge about the flying of an aircraft. NASA makes use of these tunnels to examine or assess the scale models of the spacecrafts and aircrafts. Some of the wind tunnels are
OTT Content Security Market to Witness Huge Growth from 2020 - 2030 and Key Play …
OTT content security is elongated as 'over the top' for delivery of TV content and film through internet. It does not require viewers or user to subscribe to the satellite pay service or their traditional. Today, OTT content security market is much larger with higher demand from users worldwide since they are increasingly shifting from pay-TV and traditional broadcasting to the modern and the trending OTT streaming services. The OTT
Miniature Photoelectric Sensors Market to Witness an Outstanding Growth During 2 …
Photoelectric sensors are devices that emit a light beam (infrared or visible) to detect the presence or absence of objects, equipment, changes in surface conditions, and others. It consists of an emitter that emits light and a receiver that receives light. The target object or surface is identified when the emitted light is interrupted or reflected by an object causing a change in light patterns, which is measured by the

All 5 Releases


More Releases for Athleisure

Key Trends Influencing the Growth of the Athleisure Market in 2025: Sustainable …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. What Is the Expected CAGR for the Athleisure Market Through 2025? The size of the athleisure market has significantly expanded in the recent past. The market, which was at $441.05 billion in 2024, is projected to increase to $490.24 billion in 2025, indicating an 11.2% compound annual growth rate
Primary Catalyst Driving Athleisure Market Evolution in 2025: Increased Sports P …
What Is the Future Outlook for the Athleisure Market's Size and Growth Rate? In recent times, the size of the athleisure market has expanded significantly, projected to rise from $441.05 billion in 2024 to $490.24 billion in 2025, marking a compound annual growth rate (CAGR) of 11.2%. Factors influencing this growth during the historic timeframe include heightened attention towards health and fitness, the popularity of e-commerce, burgeoning urbanization and globalization, a
Athleisure Market Opportunity | Size | Research Report
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲: Athleisure Market was valued at USD 308.09 Billion in 2019 and is projected to reach USD 562.54 Billion by 2027 growing at a CAGR of 7.78% from 2020 to 2027. Market Overview for Athleisure Market Athleisure Market OverviewThe athleisure market has experienced substantial growth in recent years, blending elements of athletic wear with casual fashion. This trend has been fueled by increasing consumer demand for clothing that offers comfort,
Athleisure Market Developments, Competitive Analysis, Forecasts 2030
By 2023, it is expected that the size of the worldwide Athleisure Market will be USD 340.90 billion, and it will expand at a 9.3% CAGR from 2023 to 2030. The demand for athleisure gear is expected to rise as young people in the country become more passionate about sports and outdoor recreation. An important factor influencing this trend is an increase in fitness and health awareness, which is fueling
Athleisure Market 2021 | Detailed Report
Athleisure Market Forecasts report provided to identify significant trends, drivers, influence factors in global and regions, agreements, new product launches and acquisitions, Analysis, market drivers, opportunities and challenges, risks in the market, cost and forecasts to 2027. Get Free Sample PDF (including full TOC, Tables and Figures) of Athleisure Market @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=5016467 The report provides a comprehensive analysis of company profiles listed below: - Lululemon Athletica, Inc. - Adidas AG - TPUMA SE - Nike,
New Athleisure Inspired Scrubs by Hirawats
Hirawats online, a recognized leader in uniforms and workwear in the apparel industry, has launched Premium Athleisure Stretch Half sleeve medical scrubs for male and female healthcare professionals. The gorgeous blue-black color reflects professionalism in the medical field. The Hirawats online store is going to make it easier for the medical professionals to get their hands on these tailored and durable scrubs that strike the perfect balance between modernity and optimal