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Driving Factors Behind The Growth Of The Gym Apparel Market Driver: Leading Transformation in the Gym Apparel Market in 2025
Gym Apparel Market Size
In recent times, there has been a robust growth in the gym apparel market size. The market which stood at $229.68 billion in 2024, is projected to reach $247.41 billion in 2025, recording a compound annual growth rate (CAGR) of 7.7%. The previous growth in this period can be traced back to factors such as an increased awareness about fitness and health, the trend of athleisure, celebrity and influencer endorsements, advancements in technology, and the expansion of e-commerce.
Expectations are high for robust expansion in the gym apparel market in the coming years, with forecasted growth pegged at a compound annual rate (CAGR) of 7.3%, reaching $328.32 billion in 2029. The anticipated growth during this forecasted phase is likely to be driven by factors such as sustainability and ethical practices, the advent of digitalization and customization, emerging markets, and the prevalence of health and wellness trends, as well as innovation in performance wear. Use of direct-to-consumer (DTC) brands, a commitment to inclusivity and diversity, development of sustainable product lines, incorporation of Augmented Reality (AR) and Virtual Reality (VR), and health monitoring and fitness tracking are also expected to become significant trends during this period.
What Are the Key Drivers Behind the Growth of the Gym Apparel Market?
The surge of interest in wellness and physical fitness is projected to drive the expansion of the gym apparel industry. The growing prominence placed on health and fitness can be attributed to a heightened awareness of general health and the pursuit of a higher quality of life and life expectancy. As more people make health and fitness a priority, there's a rising engagement in regular workout routines, a testament to their commitment to personal health and identity. Gym apparel, crafted to enhance performance during physical activities, includes moisture-wicking fabrics that ensure athletes remain dry and comfortable, enabling them to concentrate on their exercises without any distractions. For example, the UK Fitness Report released by PureGym Limited, a health club organization in the UK, in September 2023, revealed that the count of gym-goers in the UK saw a 2% rise compared to the previous year, with 16% of the population now registered as gym members. Furthermore, an additional 16% of the population plan to sign up for the gym membership in 2024. Consequently, the surging interest in health and fitness is anticipated to accelerate the expansion of the gym apparel industry.
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Which Leading Companies Are Shaping the Growth of the Gym Apparel Market?
Major companies operating in the gym apparel market are Nike Inc., Adidas AG, Under Armour, Inc., Puma SE, Columbia Sportswear Company, New Balance Athletics, Inc., Lululemon Athletica Inc., Fila Holdings Corp., Ralph Lauren Corporation, Iconix International, ASICS Corporation, VF Corporation, Skechers USA, Inc., Anta Sports Products Limited, Li Ning Company Limited, Decathlon Group, Hanesbrands Inc., Mizuno Corporation, The North Face, Inc., Umbro International Limited, Reebok International Limited, Brooks Sports Inc., Iconix International, Reebok International Limited, Patagonia Inc., Karhu Holding BV, Umbro International Limited
What Are the Major Trends Shaping the Gym Apparel Market?
Firms in the fitness attire industry are creating innovative goods using environmentally friendly and sustainable resources including organic cotton workout gear, in order to entice eco-aware customers and differentiate themselves in a tough landscape. Organic cotton workout clothing typically offers breathability, moisture-wicking capabilities, and comfort, which makes it ideal for various types of exercise. For instance, Adidas AG, a sportswear and shoe company based in Germany, introduced a new sportswear capsule collection in September 2022, featuring a variety of versatile items that have a minimalist design aesthetic. Each piece in this collection, which includes performance running wear for both sexes, is made with at least 50% organic cotton. The range features a ribbed dress for women, a men's essential t-shirt with matching woven pants and a coach's jacket, and a women's oversized hoodie with a ribbed crop top and biker shorts, among other things. In addition, the Women's Ultraboost 22 Made with Nature blends the unique features of the Ultraboost 22 with natural components.
What Are the Key Segments of the Gym Apparel Market?
The gym apparel market covered in this report is segmented -
1) By Product Type: Top Wear, Bottom Wear, Other Product Types
2) By Material Type: Nylon, Wool, Polyester, Other Material Types
3) By Distribution Channel: Supermarkets And Hypermarkets, Brand Outlets, Specialty Stores, Wholesalers Or Retailers, Mono-brand Stores, Online E-Commerce Retail, Other Distribution Channels
4) By End User: Men, Women, Children, Unisex
Subsegments:
1) By Top Wear: T-Shirts, Tank Tops, Sports Bras, Long-Sleeve Tops, Jackets And Hoodies, Sweatshirts, Other Top Wear
2) By Bottom Wear: Leggings And Tights, Joggers, Shorts, Sweatpants, Compression Pants, Capris, Other Bottom Wear
3) By Other Product Types: Sports Shoes And Sneakers, Gym Accessories, Socks, Workout Gloves, Headbands And Wristbands, Sports Belts, Other Gym Apparel Accessories
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Which Region Dominates the Gym Apparel Market?
North America was the largest region in the gym apparel market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the gym apparel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Gym Apparel Global Market Report?
- Market Size Analysis: Analyze the Gym Apparel Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Gym Apparel 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 Gym Apparel Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Gym Apparel Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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