Active wear Market is Size, Trends, Latest Insights, Analysis and Forecast 2024-2031/ Nike, Inc., PUMA SE, Adidas America, Inc., Under Armour, Inc., and Lululemon Athletica Inc.

The global activewear market is anticipated to grow at a considerable CAGR of 6.5% during the forecast period (2024-2031). The growth of the activewear market, especially post-covid-19, is fueled by rising demand and sales of retail e-commerce globally. For instance, as per Invest India, the Indian e-commerce industry has been on an upward growth trajectory. In FY 2022-23, the Government e-marketplace (GeM) registered its highest ever Gross Merchandise Value of $2,011.0 billion. GeM achieved a cumulative GMV of more than $5,377.0 billion by July 2023 (since inception). Wherein, electronics and apparel made up nearly 70.0% of the e-commerce market, when evaluated against transaction value. Other new upcoming categories within e-commerce include ed-tech, hyperlocal, and food-tech.

Moreover, according to a report from the Ministry of Foreign Affairs and Trade Promotion, Europe, the ecommerce segment of fashion and clothing was expected to grow at a compound annual rate of 10.6% from $481.0 billion in 2017 to over $713.0 billion by 2022. This growth is mostly driven by the expansion of global markets. Currently, China is the leading fashion consumer in terms of revenue, whereas Asia is likely to experience significant development due to greater online access and smartphone usage. 

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Market Coverage

•                 The market number available for - 2023-2031

•                 Base year- 2023

•                 Forecast period- 2024-2031

Segment Covered- 

•                 By Product Type

•                 By Material Type

•                 By Gender

•                 By Sales Channel

Regions Covered- 

•                 North America 

•                 Europe 

•                 Asia-Pacific 

•                 Rest of the World

Competitive Landscape Includes- Nike, Inc., PUMA SE, Adidas America, Inc., Under Armour, Inc., and Lululemon Athletica Inc.

Activewear Market Report Segment 

By Product Type

•                 Tops & T-Shirts

•                 Sweatpants & Yoga Pants

•                 Skirts & Skorts

•                 Tracksuits

•                 Sweatshirts/Jacket

By Material Type

•                 Cotton

•                 Polyester

•                 Neoprene

•                 Polypropylene

•                 Spandex

By Gender

•                 Male

•                 Female

•                 Unisex

By Sales Channel

•                 Online 

•                 Offline

A full Report of Active wear Market is Available @  https://www.omrglobal.com/industry-reports/activewear-market

Activewear Market Report Segment by Region 

North America                                                                                                           

·        United States

·        Canada                     

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan              

·                  South Korea

·                  Rest of APAC

Rest of the World

•       Latin America

•       Middle East and Africa 

Company Profiles

·        ASICS Ltd.

·        ASOS.com Ltd.

·        Calvin Klein, Inc.

·        Columbia Sportswear Co.

·        Cravatex Brands Limited (FILA & Proline)

·        Decathlon Sports India Pvt Ltd.

·        Gymshark Ltd.

·        H & M Hennes & Mauritz AB.

·        India Pvt. Extreme Brands LLP (HRX)

·        New Balance Athletics, Inc.

·        Patagonia Inc.

·        SKECHERS USA, Inc.

·        VF Corp.

·        Victoria's Secret & Co. 

·        WROGN 

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Contact Person: Mr. Anurag Tiwari

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