Press release
Athleisure Market is Forecasted to Reach USD 8,33,199.16 million by 2030, Exhibiting a Robust CAGR of 10.33%
Athleisure Market
The athleisure market, valued at USD 3,79,489.6 million in 2021, is anticipated to witness substantial growth in the coming years. Projections indicate that the industry will expand from USD 4,18,690.88 million in 2022 to reach USD 8,33,199.16 million by 2030. This growth trajectory reflects a compound annual growth rate (CAGR) of 10.33% during the forecast period spanning from 2022 to 2030.
In recent years, a new fashion trend has taken the world by storm - athleisure. Blending the comfort of athletic wear with the style of casual attire, athleisure has transcended traditional boundaries to become a ubiquitous presence in our wardrobes and lifestyles. As this trend continues to gain momentum, let's delve into the intricacies of the athleisure market, uncovering its origins, growth drivers, and future prospects.
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Key Companies in the athleisure market include
Under Armour Inc. (US)
Lululemon Athletica (Canada)
Adidas AG (Germany)
Hennes & Mauritz AB (Sweden)
Nike Inc. (US)
Puma SE (Germany)
Eysom (US)
Outdoor Voices (US)
Ten Thousand Inc. (US)
Isaora (US), among others
Market Segmentations:
Athleisure Product Type Outlook
Leggings
Tights & Joggers
Hoodies & Sweatshirts
Sneakers
Shorts
Sports Jackets
Sports Bra
Yoga Pants
Others
Athleisure End User Outlook
Men
Women
Unisex
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Athleisure Regional Insights
By Region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. North America athleisure market accounted for USD 1,68,113.89 million in 2021 and is expected to exhibit a significant CAGR growth during the study period. One of the key drivers of the market's rising growth throughout the forecast period is the expanding participation in various sporting events. Moreover, increased involvement in gyms and exercise facilities is largely due to greater health consciousness and the drive to seem fit.
Further, the major countries studied in the market report are: The U.S., Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
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