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Athleisure Market Soars to $3.2 Billion by 2032, New Study Reveals Size and Share Projections

08-02-2024 02:09 PM CET | Consumer Goods & Retail

Press release from: Allied Market Research

Athleisure Market Soars to $3.2 Billion by 2032, New Study

The global athleisure market is driven by rise in number of millennials, increase in participation of consumers in physical fitness activities, and rise in health and wellness trend among the target customers. However, growing competition, saturation of trendy designs, and shifting consumer preferences pose restraints for the athleisure market's sustained growth. Expanding health-conscious consumer base seeks stylish, comfortable athleisure wear for everyday use. A lucrative opportunity for brands to innovate and cater to this growing demand."

Athleisure' has become a buzz word for the fashion industry. Customers who are fashion-conscious, active, fitness lovers, and those searching for comfortable, utilitarian clothing for everyday activities have all found a place in the athleisure sector.

According to the report, the global athleisure industry generated $2.0 billion in 2022 and is anticipated to generate $3.2 billion by 2032, witnessing a CAGR of 5.2% from 2023 to 2032.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/request-sample/6137

๐“๐ก๐ž ๐Ÿ๐ž๐ฆ๐š๐ฅ๐ž ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ ๐ญ๐จ ๐ฆ๐š๐ข๐ง๐ญ๐š๐ข๐ง ๐ข๐ญ๐ฌ ๐ฅ๐ž๐š๐๐ž๐ซ๐ฌ๐ก๐ข๐ฉ ๐ฌ๐ญ๐š๐ญ๐ฎ๐ฌ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก๐จ๐ฎ๐ญ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐ฉ๐ž๐ซ๐ข๐จ๐
Based on gender, the female segment held the highest market share in 2022, accounting for around two-thirds of the global athleisure market revenue, and is estimated to maintain its leadership status throughout the forecast period. Female dominance in athleisure market due to rising fitness awareness, fashion-forward trends, and versatile appeal, driving demand for stylish, functional activewear. The male segment is the fastest-growing segment and is projected to manifest the highest CAGR of 5.5% from 2023 to 2032. Men increasingly prioritize fitness and comfort in their daily lives, fueling the rapid growth of the athleisure market as they seek versatile, stylish activewear options.

๐„๐ฎ๐ซ๐จ๐ฉ๐ž ๐ญ๐จ ๐ฆ๐š๐ข๐ง๐ญ๐š๐ข๐ง ๐ข๐ญ๐ฌ ๐๐จ๐ฆ๐ข๐ง๐š๐ง๐œ๐ž ๐›๐ฒ 2032
The Europe region held the highest market share in 2022, accounting for nearly two-fifths of the global athleisure market revenue, and is estimated to maintain its leadership status throughout the forecast period. Europe's athleisure market dominance is driven by fashion-forward culture, fitness trends, and a growing preference for versatile, comfortable clothing, fostering innovation and strong consumer demand. However, the Asia-Pacific region is projected to manifest the highest CAGR of 6.3% from 2023 to 2032. Asia-Pacific's rapid urbanization, fitness trends, and rising disposable incomes drive the fastest-growing athleisure market. High demand for stylish, versatile activewear fuels its expansion.

๐…๐จ๐ซ ๐š๐ง๐ฒ ๐๐ฎ๐ž๐ซ๐ข๐ž๐ฌ ๐‹๐ข๐ง๐ค๐ž๐ ๐ฐ๐ข๐ญ๐ก ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ, ๐€๐ฌ๐ค ๐š๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ: https://www.alliedmarketresearch.com/connect-to-analyst/6137

๐Š๐ž๐ฒ ๐Ÿ๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ฌ๐ญ๐ฎ๐๐ฒ
In 2022, based on product type, the sneaker segment accounted for around higher value athleisure market share.
In 2022, based on gender, the male segment accounted for 6.2% share of the athleisure market.
In 2022, based on distribution channel, the offline segment accounted for the highest share of the athleisure market.
In 2022, based on region, North America accounted for a prominent market share and is anticipated to grow at a CAGR of 6.2% throughout the athleisure market forecast.

๐Š๐ž๐ฒ ๐๐ž๐ง๐ž๐Ÿ๐ข๐ญ๐ฌ ๐…๐จ๐ซ ๐’๐ญ๐š๐ค๐ž๐ก๐จ๐ฅ๐๐ž๐ซ๐ฌ
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the athleisure market analysis from 2022 to 2032 to identify the prevailing athleisure market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the athleisure market segmentation assists in determining the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global athleisure market trends, key players, market segments, application areas, and market growth strategies.

๐‹๐ž๐š๐๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:
ADIDAS AG
ASICS CORPORATION
COLUMBIA SPORTSWEAR COMPANY
PVH CORP.
PUMA SE
VF CORPORATION
THE GAP, INC.
NIKE, INC.
UNDER ARMOUR, INC.
LULULEMON ATHLETICA INC

๐Š๐ง๐จ๐ฐ ๐Œ๐จ๐ซ๐ž- https://www.alliedmarketresearch.com/athleisure-market

๐‡๐š๐ฏ๐ž ๐š ๐‹๐จ๐จ๐ค ๐š๐ญ ๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐‚๐จ๐ง๐ฌ๐ฎ๐ฆ๐ž๐ซ ๐š๐ง๐ ๐†๐จ๐จ๐๐ฌ ๐ƒ๐จ๐ฆ๐š๐ข๐ง:
๐ƒ๐š๐ซ๐ค ๐’๐ญ๐จ๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ https://www.alliedmarketresearch.com/dark-stone-market-A74641
๐Š๐ข๐ญ๐œ๐ก๐ž๐ง ๐’๐ข๐ง๐ค๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ https://www.alliedmarketresearch.com/kitchen-sinks-market-A16899

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry

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