global activewear market with a CAGR of 7.1% during the forecast period, 2019–2026

Activewear Market

Activewear refers to clothing suitable for sports and recreational activities – it provides a combination of style, comfort, and function. Sustainable materials that offer comfort and long lifespan are used to make activewear. Until a few years back, apparel manufacturers focused on sportswear, which found applications in sports activities. However, increasing social activities and active lifestyles have accelerated the demand for activewear, which is capable of providing a sense of style and comfort along with flexibility. Several manufacturers of sportswear, such as Nike, Adidas, and Puma, undertake research activities to develop and utilize newer and better materials for activewear that compliments people’s active lives.

The Major Players Covered in this Report:
Nike, Inc., Adidas Group, ASICS Corporation, PUMA SE, SKECHERS USA, Inc., Under Armour Performance, Gap Inc., KORAL LLC, and Columbia Sportswear Company. 

The global activewear market was valued at USD 3, 83,256 million in 2018 and is projected to reach a value of USD 663444.70 million by 2026, registering a CAGR of 7.1% during the forecast period, 2019–2026.

Get a Sample PDF Report:
https://straitsresearch.com/report/Activewear-market/request-sample

By Product, Clothing,Upper Body Wear,Lower Body Wear,Others,Footwear,Accessories

By Material,Natural, Cotton, Wool, Others, Synthetic, Polyester, Nylon, Spandex, Neoprene, Polypropylene, Others

By Distribution Channel, Retail, Traditional Sports Goods Retailer, Specialty Stores, Online

Segmentation Insights

The global market for activewear is segmented by product, distribution channel, and material.

On the basis of product, the market is segmented into clothing, footwear, and accessories. The clothing segment can be further segmented into upper-body wear, lower-body wear, and others. The footwear segment is expected to hold a significant share in the global market, due to the growing sales of footwear for sports, gym, yoga, and others. Millennials in emerging countries such as India, China, and others are expected to influence market growth positively. According to the World Economic Forum Global Shapers Survey, in 2018, 50% of the global population was under the age of 30.

Regional Analysis For Activewear Market:

North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

In this study, the years considered to estimate the market size of the Activewear are as follows:

History Year: 2014-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year 2021 to 2026

The study objectives of this report are:

To study and forecast the market size of the Activewear in the global market.
To analyze the global key players, SWOT analysis, value, and global market share for top players.
To define, describe and forecast the market by type, end-use, and region.
To analyze and compare the market status and forecast among global major regions.
 Analyze the potential of the global market and the advantages, opportunities and challenges, constraints, and risks of key regions.
Identify the key trends and factors that are driving or holding back market growth.
To analyze the opportunities in the market for stakeholders by identifying the high-growth segments.
Strategic analysis of each submarket in light of individual growth trends and market contributions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Complete analysis of the strategic strategy and growth of key players

For More Details On this Report:
https://straitsresearch.com/report/Activewear-market

Contact Us:

Company Name: Straits Research
Email: sales@straitsresearch.com
Phone:
+1 646 480 7505 (U.S.)
+91 8087085354 (India)
+44 208 068 9665 (U.K.)

About Us:

Regardless of whether you're looking at business sectors in the next town or crosswise over continents, we understand the significance of being acquainted with what customers purchase. We overcome the issues of our customers by recognizing and deciphering just the target group, while simultaneously generating leads with the highest precision. We seek to collaborate with our customers to deliver a broad spectrum of results through a blend of market and business research approaches. This approach of using various research and analysis strategies enable us to determine greater insights by eliminating the research costs. Moreover, we're continually developing, not only with regards to where we measure, or who we measure but in how our visions can enable you to drive cost-effective growth.

This release was published on openPR.