Press release
Sustainable Athleisure Market Size, Share, Trends And Industry Forecast 2023-2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Sustainable Athleisure Global Market Report 2023 identifies growing awareness of consumers towards the importance of physical fitness as the major driver for the sustainable athleisure market's growth in the forecast period. Physical fitness is an important factor in health promotion and disease prevention, and physical inactivity has been linked to a number of chronic diseases and risk factors. Hence, consumers are adapting physical activities into their daily lives to improve health. Sustainable athleisure is preferred by the majority of people since it is constructed of environmentally safe materials and provides comfort during physical activity and exercise.
The global sustainable athleisure market size grew from $86.47 billion in 2022 to $94.01 billion in 2023 at a compound annual growth rate (CAGR) of 8.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The sustainable athleisure market size is expected to grow to $125.22 billion in 2027 at a CAGR of 7.4%.
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Major competitors in the sustainable athleisure market are Pact LLC, Adidas AG, PANGAEA, Patagonia Inc., Nike Inc., Vuori Inc., Athleta, Levi's, Alternative Apparel, H&M Conscious, Eileen Fisher, Hanesbrands Inc., Fashionable Inc., Vera Bradley, Verloop.
A key trend in the sustainable athleisure market includes usage of recycled products to manufacture new sportswear and shoes. Major companies operating in the sustainable athleisure sector are using waste plastic, recycled fabrics, and other waste materials to produce eco-friendly sportswear. For instance, in February 2020, Puma, a Germany-based sportswear company, announced the launch of a new collection made entirely of recycled plastic. The brand collaborated with recycling company First Mile to co-create the collection, which includes shoes and apparel made from recycled yarn and plastic bottles collected in the First Mile network.
Read More On The Global Sustainable Athleisure Market Report Here:
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The sustainable athleisure market is segmented -
•By Type: Premium, Mass
•By Gender: Women, Men
•By Distribution Channel: Offline, Online
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the sustainable athleisure market.
The Business Research Company's "Global Sustainable Athleisure Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Sustainable Athleisure Market Include:
1. Executive Summary
2. Sustainable Athleisure Market Characteristics
3. Sustainable Athleisure Market Trends And Strategies
4. Sustainable Athleisure Market - Macro Economic Scenario
5. Sustainable Athleisure Market Size And Growth
……
26. Africa Sustainable Athleisure Market
27. Sustainable Athleisure Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Sustainable Athleisure Market
29. Sustainable Athleisure Market Future Outlook and Potential Analysis
30. Appendix
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