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Luxury Activewear Market Forecast 2024-2033 - Major Trends, Segments And Fastest Growing Regions | Nike Inc., Adidas AG, Gap Inc., PVH Corp., Puma SE, Lululemon athletica inc., Skechers USA Inc.
Luxury Activewear Global Market Report 2024
As per the report, the luxury activewear market size has grown strongly in recent years. It will grow from $5.88 billion in 2023 to $6.32 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The luxury activewear market size is expected to see strong growth in the next few years. It will grow to $8.46 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%.
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What Is Driving The Growth Of The Global Luxury Activewear Market?
Rising Participation in Sports and Fitness Activities Drives Growth in the Luxury Activewear Market
The rising participation rates in sports and fitness activities are expected to propel the growth of the luxury activewear market going forward. The rising participation rates in sports and fitness activities are due to increasing health awareness, popular fitness trends, advancements in fitness technology, influence from social media, and government initiatives promoting physical activity. Luxury activewear enhances sports and fitness activities by combining high-performance fabrics, ergonomic designs, and stylish aesthetics, ensuring athletes' comfort, support, durability, and motivation.
What Is The Key Trend In The Global Luxury Activewear Market?
Innovative Launch in Luxury Activewear
Major companies in the luxury activewear market are developing premium casual athletic clothing to offer high-performance features. Premium casual athletic clothing helps by providing stylish designs that enhance comfort, functionality, and versatility for athletic activities and everyday wear.
How Is The Global Luxury Activewear Market Segmented?
The luxury activewear market covered in this report is segmented -
1) By Type: Top Activewear, Bottom Activewear, Innerwear, Swimwear, Outerwear
2) By Material: Nylon, Polyester, Cotton, Neoprene, Polypropylene, Spandex
3) By Distribution: Online Stores, Offline Stores
4) By End User: Men, Women, Kids
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How Is The Competitive Landscape Of The Global Luxury Activewear Market?
Major companies operating in the luxury activewear market are Nike Inc., Adidas AG, Gap Inc., PVH Corp., Puma SE, Lululemon athletica inc., Skechers USA Inc., Under Armour Inc., ASICS Corporation, Columbia Sportswear Company, Patagonia Inc., Reebok International Limited, Tory Burch LLC, Fabletics LLC, Mammut Sports Group AG, Sweaty Betty Limited, Outdoor Voices Inc., Norrona Sport AS, Carbon 38 Inc., PE Nation, Splits59, The Upside, Vaara, Live The Process
Contents Of The Global Luxury Activewear Market
1. Executive Summary
2. Luxury Activewear Market Report Structure
3. Luxury Activewear Market Trends And Strategies
4. Luxury Activewear Market - Macro Economic Scenario
5. Luxury Activewear Market Size And Growth
…..
27. Luxury Activewear Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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