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Activewear Market Trends, Global Industry Analysis, Size, Share, Growth and Forecast 2023-2028
What is the Market Size of Activewear ? :IMARC Group's latest research report, titled "Activewear Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," the global activewear market size reached US$ 371.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 527.3 Billion by 2028, exhibiting a growth rate (CAGR) of 5.8% during 2023-2028.
What is Activewear ? :
Activewear refers to clothing specifically designed for physical activity, exercise, and sports. It includes a range of garments such as sports bras, leggings, shorts, t-shirts, jackets, and shoes, among others. Activewear is known for its functionality, comfort, and performance-enhancing features, making it suitable for various athletic pursuits, gym workouts, outdoor activities, and leisure wear. The popularity of activewear has grown significantly in recent years as more individuals prioritize fitness and wellness in their daily lives, leading to an increased demand for stylish and functional activewear apparel.
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Leading Activewear Brands World Wide:
• 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)
• Under Armour Inc
Activewear Market Growth and Development:
The global market is primarily driven by the increasing focus on health and wellness, leading to a rise in fitness activities and exercise routines. In line with this, the augmenting demand for fashionable activewear, or athleisure with functionality and aesthetic appeal is also supporting the growth of the market. Moreover, considerable rise in participation of activities such as running, yoga, cycling, and gym workouts is leading to an augmented demand for activewear tailored to the specific needs and requirements of different sports and activities, thereby fueling the market.
In addition to this, the considerable growth in online shopping and e-commerce retail industry is influencing the activewear market positively. Furtehrmore, continual product innovations, such as moisture-wicking fabrics, compression technology, breathable materials, odor control, and UV protection are creating a positive market outlook.
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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
Breakup by Region:
• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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