Active wear Market (2024-2031): Industry Insights, SWOT Analysis, Market Size, Share, and Key Growth Factors | H & M Hennes & Mauritz AB. India Pvt. Extreme Brands LLP (HRX) New Balance Athletics, Inc.

Activewear market is anticipated to grow at a considerable CAGR of 6.5% during the forecast period (2024-2031). Activewear is a category of apparel focused towards sports and recreational activities. It aims to combine comfort, style, and function, making it a prominent choice for customers across diverse demographics. The market has seen an increase in demand owing to a rise in sports activities, demand for multi-purpose apparel, and changing customer dynamics. Further, major brands such as Nike, Adidas, and others are focusing on developing & providing new technology and materials to their customers to sustain and increase demand in the market.

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The growth in the activewear market is driven by rising disposable income and relative expenditure toward discretionary items including clothing. Specifically, simultaneous increases in income and expenditure have been recorded in recent decades. For instance, according to the latest data released by the Ministry of Statistics and Programme Implementation, the per capita monthly household expenditure in India has more than doubled over the last decade. Wherein, in rural areas, the average monthly per capita consumption expenditure (MPCE) was $17.0 in 2011-12, which then rose to become $45.0 in 2022-23, while in urban areas, the average MPCE rose from $31.4 in 2011-12 to $77.2 per household.

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• Market Coverage
• Market number available for - 2024-2031
• Base year- 2024
• Forecast period- 2024-2031
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Market Segmentation
Global Activewear Market by Product Type
o Tops & T-Shirts
o Sweatpants & Yoga Pants
o Skirts & Skorts
o Tracksuits
o Sweatshirts/Jacket

Global Activewear Market by Material Type
o Cotton
o Polyester
o Neoprene
o Polypropylene
o Spandex

Global Activewear Market by Gender
o Male
o Female
o Unisex

Global Activewear Market by Sales Channel
o Male
o Female
o Unisex

Regional Analysis
o North America
o United States
o Canada
o Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
o Rest of the World
o Latin America
o Middle East & Africa

Company Profiles
o ASICS Ltd.
o ASOS.com Ltd.
o Calvin Klein, Inc.
o Columbia Sportswear Co.
o Cravatex Brands Limited (FILA & Proline)
o Decathlon Sports India Pvt Ltd.
o Gymshark Ltd.
o H & M Hennes & Mauritz AB.
o India Pvt. Extreme Brands LLP (HRX)
o New Balance Athletics, Inc.
o Patagonia Inc.
o SKECHERS USA, Inc.
o VF Corp.
o Victoria's Secret & Co.
o WROGN

The Report Covers
• Market value data analysis of 2023 and forecast to 2031.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global activewear market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

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