Press release
Athleisure Market Size, Share, Industry Analysis, Segments And Forecast To 2033
Athleisure Market Share
According to The Business Research Company's, The athleisure market size has grown strongly in recent years. It will grow from $395.44 billion in 2023 to $430.75 billion in 2024 at a compound annual growth rate (CAGR) of 8.9%. The growth in the historic period can be attributed to an increased focus on health and fitness, the rise of e-commerce, urbanization, and globalization, the increase of celebrity endorsements and influencer culture, and changes in lifestyle trends.
The athleisure market size is expected to see strong growth in the next few years. It will grow to $592.23 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to increasing sustainability and ethical practices, demand for personalized athleisure wear, the incidence of chronic lifestyle diseases, and market expansion in emerging economies. Major trends in the forecast period include technical advancements, innovation in design and technology, adoption of digital technologies and augmented reality, integration of fashion and technology, and innovations in fabric technology
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/athleisure-global-market-report
Market Drivers and Trends:
The Increasing sports participation is expected to propel the athleisure market going forward. Sports participation refers to engaging in physical activities or games ranging from recreational pursuits for fun and fitness to competitive sports played at amateur or professional levels, involving physical exertion and skill. The surge in sports participation is due to increased awareness of the importance of physical activity for health and well-being, the availability of more accessible facilities and programs, and initiatives promoting inclusivity and diversity in sports. Athleisure wear is utilized in sports for its comfort, functionality, and versatility, merging the boundaries between athletic and casual clothing. For instance, in September 2023, according to the National Federation of State High School Associations, a US-based organization that governs high school sports and activities, a total of 78.57 million participants competed in high school sports during the 2022 and 2023 academic years, an increase of nearly 240,000 participants and growth of over 3% compared to 2021 and 2022 totals. Therefore, increasing sports participation is driving the growth of the athleisure market.
Major companies operating in the athleisure market focus on developing eco-friendly or multipurpose clothing, such as bio-based elastane activewear, to provide sustainable activewear to customers and maximize their profits in the market. Bio-based elastane activewear is athleisure that utilizes sustainable materials derived from natural sources to create clothing items that are both functional and environmentally friendly. For instance, in November 2022, PANGAIA, a UK-based provider of lifestyle products and accessories, launched Activewear 3.0, the next generation of plant-based activewear. This new range utilizes a 99.99% plant-based EVO Nylon and 30% first-of-its-kind creora, a bio-based elastane sourced from industrial corn, to create a highly bio-based offering. The activewear line includes four key styles in three colorways and is designed to combine nature with high-tech processes and sustainable chemicals to enhance textile functionality.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=15309&type=smp
Major Key Players of the Market:
Nike Inc., Adidas AG, Hennes And Mauritz AB, The Gap Inc., VF Corporation, PVH Corp., Puma SE, Lululemon Athletica Inc., HanesBrands Inc., Under Armour Inc., ChampionX, ASICS Corporation, Columbia Sportswear Company, Reebok International Limited, Vuori Inc., Sweaty Betty, Patagonia Inc., EILEEN FISHER Inc, Outdoor Voices, Outerknown, Wear Pact LLC, PANGAIA, Ten Thousand Inc., Isaora Inc, Eysom LLC
Athleisure Market 2024 Key Insights:
• The athleisure market size is expected to see strong growth in the next few years. It will grow to $592.23 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%.
• Increased Sports Participation Fueling Athleisure Market
• Sustainable Activewear In the Athleisure Market
• North America was the largest region in the athleisure market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=15309&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (https://www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Athleisure Market Size, Share, Industry Analysis, Segments And Forecast To 2033 here
News-ID: 3707581 • Views: …
More Releases from The Business research company
Leading Companies Reinforce Their Presence in the Blanket Market
The blanket market is steadily gaining traction as consumers increasingly seek comfort and style in their home essentials. With evolving preferences and technological advancements, this sector is set to experience consistent growth. Let's explore the current market value, key players, emerging trends, and the main segments fueling this expansion.
Forecasted Blanket Market Size and Growth Trajectory
The blanket market has seen consistent growth over recent years. From a market size…
Global Trends Review: The Rapid Evolution of the Sporting and Athletic Goods Mar …
The sporting and athletic goods market is experiencing steady growth, driven by evolving consumer preferences and technological advancements. As health and wellness continue to gain importance globally, this market is set for notable expansion in the coming years. Let's explore the current market size, key factors fueling its growth, leading companies, major trends, and segmentation details.
Forecast for Sporting and Athletic Goods Market Size Through 2029
The sporting and athletic…
Train Seat Market Overview, Key Growth Factors, and Insights on Top Players
The train seat industry is experiencing notable growth, driven by advancements in technology and increasing demand for improved passenger comfort. As rail travel evolves, so does the need for innovative, efficient, and adaptable seating solutions that cater to modern requirements. Let's explore the current market status, key players, trends, and segments shaping the future of train seating.
Train Seat Market Size and Growth Expectations
The train seat market has seen…
Leading Companies Solidifying Their Presence in the Spunbond Nonwovens Market
The spunbond nonwovens industry has been experiencing notable growth and shows promising prospects for the coming years. This expanding market is being driven by several innovations and increasing demand across diverse sectors, signaling a robust future.
Projected Growth and Market Size of the Spunbond Nonwovens Market
The spunbond nonwovens market has demonstrated solid expansion recently, with its size expected to rise from $15.57 billion in 2024 to $16.59 billion in…
More Releases for Athleisure
Key Trends Influencing the Growth of the Athleisure Market in 2025: Sustainable …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Athleisure Market Through 2025?
The size of the athleisure market has significantly expanded in the recent past. The market, which was at $441.05 billion in 2024, is projected to increase to $490.24 billion in 2025, indicating an 11.2% compound annual growth rate…
Primary Catalyst Driving Athleisure Market Evolution in 2025: Increased Sports P …
What Is the Future Outlook for the Athleisure Market's Size and Growth Rate?
In recent times, the size of the athleisure market has expanded significantly, projected to rise from $441.05 billion in 2024 to $490.24 billion in 2025, marking a compound annual growth rate (CAGR) of 11.2%. Factors influencing this growth during the historic timeframe include heightened attention towards health and fitness, the popularity of e-commerce, burgeoning urbanization and globalization, a…
Athleisure Market Opportunity | Size | Research Report
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲: Athleisure Market was valued at USD 308.09 Billion in 2019 and is projected to reach USD 562.54 Billion by 2027 growing at a CAGR of 7.78% from 2020 to 2027.
Market Overview for Athleisure Market
Athleisure Market OverviewThe athleisure market has experienced substantial growth in recent years, blending elements of athletic wear with casual fashion. This trend has been fueled by increasing consumer demand for clothing that offers comfort,…
Athleisure Market Developments, Competitive Analysis, Forecasts 2030
By 2023, it is expected that the size of the worldwide Athleisure Market will be USD 340.90 billion, and it will expand at a 9.3% CAGR from 2023 to 2030. The demand for athleisure gear is expected to rise as young people in the country become more passionate about sports and outdoor recreation. An important factor influencing this trend is an increase in fitness and health awareness, which is fueling…
Athleisure Market 2021 | Detailed Report
Athleisure Market Forecasts report provided to identify significant trends, drivers, influence factors in global and regions, agreements, new product launches and acquisitions, Analysis, market drivers, opportunities and challenges, risks in the market, cost and forecasts to 2027.
Get Free Sample PDF (including full TOC, Tables and Figures) of Athleisure Market @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=5016467
The report provides a comprehensive analysis of company profiles listed below:
- Lululemon Athletica, Inc.
- Adidas AG
- TPUMA SE
- Nike,…
New Athleisure Inspired Scrubs by Hirawats
Hirawats online, a recognized leader in uniforms and workwear in the apparel industry, has launched Premium Athleisure Stretch Half sleeve medical scrubs for male and female healthcare professionals.
The gorgeous blue-black color reflects professionalism in the medical field. The Hirawats online store is going to make it easier for the medical professionals to get their hands on these tailored and durable scrubs that strike the perfect balance between modernity and optimal…
