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Womens Activewear Market At A CAGR Of 7.7 % To Rapidly Growing $216,868 Million By 2025
Womens Activewear Market
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The extensive advantages offered by activewear such as water resistance, bi-stretchable function, anti-bacterial fabric, wicking function, and others and surge in participation of consumers in physical and fitness activities majorly drive the global market.
Leading Key Players:
The key players operating in the womens activewear industry include Hanesbrands Inc., Mizuno Corporation, Adidas AG, ASICS Corporation, Columbia Sportswear Company, NIKE, Inc., V.F. Corporation, PUMA SE, Under Armour, Inc., and Gap, Inc.
The other prominent players in the market include 2XU, Marmot, Patagonia, Mountain Hardwear, Vie Active, LLC, Mountain Khakis, Forever 21, Jordan, Gramicci, Filas, Prana, Aeropostale, Ralph Lauren, Victoria's Secret, Jockey, Beyond Yoga, Lycra, and Lululemon.
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Key findings of the Womens Activewear Market:
-> In terms of value, the active outerwear segment is expected to grow at a CAGR of 9.1% during the forecast period.
-> North America is expected to dominate the market, registering a significant CAGR of 7.2% in terms of value.
-> Asia-Pacific is projected to show exponential growth throughout forecast years, growing at a CAGR 9.6%, in terms of value.
-> The polyester segment is anticipated to dominate global womens activewear market, registering a CAGR of 8.3%.
-> China accounted for more than one-third of the total Asia-Pacific womens activewear market in 2017.
-> In the global womens activewear market, India is expected to grow at a CAGR of 15.6%, in terms of value.
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Polyester segment dominates the womens activewear market in terms of value. There is an increase in the consumer preference for activewear formulated by using polyester fabric, owing to its advantages such as high flexibility; quick drying & easy wash; and resistance to shrinkage, wrinkles, abrasion, & most chemicals.
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