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Primary Catalyst Driving Athleisure Market Evolution in 2025: Increased Sports Participation Fueling Athleisure Market Driver
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 surge in celebrity endorsements and influencer culture, as well as shifting lifestyle trends.
The expected expansion of the athleisure market in the next few years will be swift, projecting a growth to $739.1 billion by 2029 through a compound annual growth rate (CAGR) of 10.8%. This growth during the predicted period could be as a result of factors such as improved sustainability and ethics, increased demand for customized athleisure attire, growing prevalence of chronic lifestyle diseases, and market growth in developing economies. Key trends predicted during the forecast period comprise of technological advancements, innovations in design and technology, embracing of digital technology and augmented reality, the fusion of fashion and technology, and advancements in textile technology.
What Is Driving the Growth Trajectory of the Athleisure Market?
The escalation in participation in sports is anticipated to fuel the advancement of the athleisure market. Participation in sports involves engaging in physical games or activities, from recreational activities for amusement and fitness to professional or amateur competitive sports requiring physical exertion and skill. The increase in sports engagement is due to the heightened awareness of the significance of physical activity for health and wellness, the provision of more accessible programs and facilities, and efforts endorsing inclusivity and diversity in sports. Athleisure attire is used in sports due to its comfort, functionality, and versatility, blurring the lines between athletic and casual attire. For example, in September 2023, the National Federation of State High School Associations, an organization in the US that regulates high school activities and sports, reported that a total of 78.57 million participants took part in high school sports during the academic years of 2022 and 2023. That was nearly 240,000 more participants and an over 3% growth compared to the numbers of 2021 and 2022. Thus, the increase in sports participation is acting as a catalyst for the growth of the athleisure market.
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Which Key Market Leaders Are Driving Athleisure Industry Growth?
Major companies operating in the athleisure market are 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
What Are the Emerging Trends in the Athleisure Industry?
Top firms in the athleisure sector are pivoting towards the production of eco-conscious or versatile clothing items, such as bio-based elastane activewear, in a bid to offer sustainable workout attire to their clientele and boost their earnings in the market. Bio-based elastane activewear is a type of athleisure clothing made from sustainable materials sourced from nature, merging utility with environmental sustainability. For instance, PANGAIA, a lifestyle product and accessory manufacturer based in the UK, unveiled Activewear 3.0 in November 2022, which is the advanced iteration of plant-based workout attire. This innovative line uses 99.99% plant-derived EVO Nylon and a 30% portion of the pioneering creora, a bio-based elastane made from industrial corn, culminating in a predominantly bio-based product. The workout clothing collection comprises four main designs in three color varieties and is created to merge natural elements with advanced techniques and eco-friendly chemicals, thus enhancing the functionality of the material.
What Are the Main Segments in the Athleisure Market?
The athleisure market covered in this report is segmented -
1) By Type: Mass, Premium
2) By Product: Yoga Apparels, Shirts, Leggings, Shorts, Other Products
3) By Distribution Channel: Online, Offline
4) By End User: Men, Women, Children
Subsegments:
1) By Mass: Budget-Friendly Athleisure Apparel, Affordable Performance Activewear, Sportswear For Everyday Use
2) By Premium: High-End Athleisure Brands, Luxury Activewear, Designer Sportswear, Performance Athleisure With Advanced Fabrics
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Which Geographic Area Leads the Athleisure Market?
North America was the largest region in the athleisure market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the athleisure market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Athleisure Global Market Report?
- Market Size Analysis: Analyze the Athleisure Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Athleisure Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Athleisure Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Athleisure Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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