Activewear Market Size, Share, Analysis, Overview, Segmentation, Forecast, 2032

The global activewear market size was valued at USD 298.44 billion in 2023 and is expected to be worth USD 320.91 billion in 2024. The market is projected to reach USD 605.89 billion by 2032, recording a CAGR of 8.27% during the forecast period.

An increasing number of individuals are participating in outdoor and recreational activities every year to maintain optimum levels of health and fitness. They are increasing their spending on high-quality fitness apparel to enhance their comfort while working out or participating in sporting events. This factor is expected to boost the sales of activewear in across the world.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅- https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/activewear-market-107923

𝐋𝐢𝐬𝐭 𝐨𝐟 𝐭𝐡𝐞 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐢𝐧 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭:
▶ Nike, Inc. (U.S.)
▶ ASICS Corporation (Japan)
▶ Under Armour, Inc. (U.S.)
▶ ADIDAS AG (Germany)
▶ New Balance (U.S.)
▶ Skechers USA., Inc. (U.S.)
▶ Columbia Sportswear Company (U.S.)
▶ PUMA SE (Germany)

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:
Wide Range of Design and Size Options Fuels Demand for Activewear Apparel

Based on product, the global activewear market is segmented into apparel, footwear, and others. The apparel segment is dominating the global activewear market share as these clothes come in a vast variety, offering a wider range of options for customers to choose from.

Increasing Focus On Health & Wellbeing Boosts Product Popularity Among Females

Based on end-user, the market is segmented into male and female. The female segment dominates the global market as more women are taking interest in enhancing their overall health and wellbeing.

Lucrative Advantages Offered by Offline Stores Makes Them Preferred Distribution Channels

Based on distribution channel, the market is segmented into offline and e-commerce/online stores. The offline segment dominates the global activewear market as these distribution channels offer a wide range of benefits, such as giving customers the freedom to physically inspect the product and facilitating a smooth product return cycle.

With respect to region, the market covers North America, Europe, Asia Pacific, and the rest of the world.

𝐆𝐞𝐭 𝐚 𝐐𝐮𝐨𝐭𝐞- https://www.fortunebusinessinsights.com/enquiry/get-a-quote/activewear-market-107923

𝐑𝐞𝐩𝐨𝐫𝐭 𝐂𝐨𝐯𝐞𝐫𝐚𝐠𝐞:
The report has conducted a detailed study of the market and highlighted several critical areas, such as leading distribution channels, end-users, and key market players. It has also focused on the latest market trends and the key industry developments. Apart from the aforementioned factors, the report has given information on many other factors that have helped the market grow.

𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐚𝐧𝐝 𝐑𝐞𝐬𝐭𝐫𝐚𝐢𝐧𝐭𝐬:
Rising Integration of Innovative Technologies to Spur Market Growth

The fitness needs of people across the world are constantly evolving, with many of them seeking smart apparel that is integrated with cutting-edge technologies. This factor has encouraged key market players to incorporate next-gen technologies into their products to improve their performance and fulfill customers' unique fitness needs. Rising disposable incomes have also motivated customers to invest in high-end and technologically advanced activewear, which will further accelerate the global activewear market growth.

However, the fashion industry has been one of the largest contributors of greenhouse gases, which has increased the risk of climate change. This factor can dissuade customers from buying apparel that are not sustainably produced, thereby impeding the market's progress.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:
North America Dominates Global Market Due to Rising Number of Fashion-Conscious Customers

North America is dominating the global market as the region's millennials and the Gen Z population are quite fashion-conscious and looking for functional wear that is comfortable and fashionable.

Asia Pacific is predicted to record the fastest CAGR during the forecast period as countries, such as India and China have a large population and many of them are increasing their focus on their health and wellbeing.

𝐁𝐫𝐨𝐰𝐬𝐞 𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐮𝐦𝐦𝐚𝐫𝐲: https://www.fortunebusinessinsights.com/activewear-market-107923

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:
Key Companies to Focus On New Product Launches and Partnerships to Dominate Market

The global activewear market is highly competitive as a few of the domestically and internationally renowned brands are dominating this market. They are introducing new products and entering partnerships with their competitors to expand their product range and global footprint.

𝐍𝐨𝐭𝐚𝐛𝐥𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭:
May 2023: BaliSwim, an Indonesia-based swimwear & athletic wear manufacturer, launched its new Women's Active Ready Design 2023 collection. The new range consists of eight new sets that are available in four fabric types.

𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:
https://www.fortunebusinessinsights.com/sports-apparel-market-107401
https://www.fortunebusinessinsights.com/surfing-apparel-and-accessories-market-106270
https://www.fortunebusinessinsights.com/luxury-apparels-market-104406
https://www.fortunebusinessinsights.com/outdoor-apparel-market-105788

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This release was published on openPR.