Athleisure Market Analysis, by 2028 |Huawei Technologies Co. Ltd; Cisco; Fujitso; NEC corporation; Nokia;

The athleisure market size was valued at $155.2 billion in 2018 and is expected to reach $257.1 billion by 2026, registering a CAGR of 6.7% from 2019 to 2028.

The Global Athleisure Market Report 2022-2028 provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, restraints, and competitive landscape that are playing a substantial role in the Athleisure market. The increasing consumer demand & spending on the Athleisure market is expected to drive enormous growth over the forecast years. The comprehensive Athleisure Market Report will help clients to comprehend the market ups-downs and numerous different angles.

Click the link below to get sample link-

https://www.marketinsightsreports.com/reports/11023636860/global-and-china-athleisure-market-size-status-and-forecast-2021-2027/inquiry?MODE=126

Market Overview-

Athleisure is the trend of wearing cloths specifically designed for an athletic workouts which is now applicable for gym goers as well as casual wear. Athleisure wear has become increasingly acceptable to be worn in various social environments even at workplaces.

The COVID-19 pandemic has adversely affected several industries, including the athleisure market, worldwide. A decline in consumer spending for athletic clothing and footwear was noted by brands, like Adidas, Nike, and Puma, among others, as consumers reduced or delayed discretionary spending in response to the impacts of COVID-19, owing to a rise in unemployment rates and diminished consumer confidence. Moreover, decreased retail traffic as a result of store closures, reduced operating hours, and social distancing restrictions further impact the growth of the market. For example: During Q4 2020, Nike operations were impacted as approximately 90% of their NIKE Brand stores across North America, EMEA, and APLA, excluding Korea, were closed for approximately 8 weeks. Most Converse direct-to-consumer stores were also closed for a significant portion of Q4. As of July 15, 2021, approximately 99% of Nike's owned stores were open, with some operating on reduced hours.

Rising health and self-consciousness, desire to lead active lifestyles and to appear fit, is encouraging consumers to incorporate sports and fitness activities into their daily routine. This increased participation has led to a change in market dynamics, leading to an increased demand for athleisure products.

The availability of sports apparel with enhanced properties such as moisture management, temperature control, and other performance-boosting characteristics that prevent discomfort and potential injury, has captured the interest of consumers, who have been observed to be willing to pay more for such additional benefits. Hence, these enhanced features have propelled consumer habits to wear athletic apparel during their leisure period.

Key Market Trends-

In September 2021, Asics Corporation had planned to add 18 stores to its sales network in 2022 to expand its footprint in India.

In February 2021, Puma Inc had launched five new lines of running products, Deviate, Deviate Elite, Velocity, Liberate, and Eternity. The Deviate features two layers of lightweight NITRO combined with the carbon fiber innoplate.

In September 2019, Amazon Fashion and PUMA Inc had joined forces to create a new athleisure brand called Care Of. The inaugural collection, consisting of men's and women's styles, launched in Europe and the United States.

Global Athleisure Market: Segmentation Analysis-

Athleisure Market, By Type-

Wear Clothing

Footwear

Others

Athleisure  Market, By Application-

Men's

Women's

Kid's

Key Players In Athleisure Market-

Lululemon Athletica, Inc., Adidas AG, TPUMA SE, Nike, Inc., Under Armour, Inc., TEREZ, Esprit Retail B.V. & Co. KG

The study accurately predicts the size and volume of the Athleisure market in the present and the future. The report offers a comprehensive study of the Athleisure and information about the expected future trends that will have a significant impact on the growth of the market.

Browse the full report-

https://www.marketinsightsreports.com/reports/11023636860/global-and-china-athleisure-market-size-status-and-forecast-2021-2027?MODE=126

Regional Analysis-

Asia-Pacific is Dominating the Home Appliances Market

One of the latest trends in the region is a combination of casual and athletic designs for the development of athleisure apparel, which is poised to provide a significant push to the growth of the market. The rising awareness about adopting healthy lifestyles, which encourages customers to buy and indulge in fitness/strength activities, is anticipated to contribute to the demand for various apparel in North American regions, during the forecast period. Moreover, the increasing appetite for foreign brands and rising disposable income, coupled with the desire to lead improved lifestyles are expected to positively impact the demand for sports apparel in the region. Athleisure wear has become increasingly acceptable to be worn in various social environments. Most of the consumers in the region find active wear comfortable and flexible which is attributable to the kind of material used to design such apparel or footwear.

 Our Athleisure market analysis also concludes a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with the SWOT analysis.

Reasons to Purchase this Report-

Includes an in-depth analysis of the Athleisure market of various perspectives through Porter's five forces analysis.
Provides insight into the Athleisure market through Value Chain Analysis.
Athleisure Market dynamics scenario, along with growth opportunities of the market in the years to come.
6-month post-sales analyst support.

Here's how Market Insights Reports helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The researchers analyse recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures.

Perfect Market Size Estimations: The report analyses the demographics, growth potential, and capability of the Athleisure market through the forecast period.

This factor leads to the estimation of the Athleisure market size and also provides an outline about how the market will retrieve growth during the assessment period.

Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular Athleisure market that will help the stakeholders to be aware of the current investment scenario across the market.

Customization of the Report-

In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.

Contact Us:
Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

About Us-
MarketInsightsReports delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses with various verticals like Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc.

This release was published on openPR.