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Activewear Market Forecast 2025-2034: Comprehensive Analysis And Growth Opportunities
Activewear Market
What Is the Projected Growth of the Activewear Market?
The activewear market has experienced significant growth, projected to rise from $362.17 billion in 2024 to $388.36 billion in 2025 at a CAGR of 7.2%. This growth came from health trends, athleisure popularity, influencer marketing, tech improvements, and online retail growth.
The activewear market is forecasted to grow significantly, reaching $506.12 billion by 2029 with a CAGR of 6.8%. Growth will stem from wellness trends, personalization, market diversification, and sustainability. Expected trends include AR/VR integration, inclusive product lines, health tracking, and DTC brand growth.
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What Are the Different Activewear Market Segments?
The activewear market covered in this report is segmented -
1) By Product: Apparel, Footwear, Accessories
2) By Fabric: Polyester, Nylon, Neoprene, Polypropylene, Spandex, Cotton, Other Fabrics
3) By Usage: Running, Outdoor Sports, Yoga And Pilates, Gym And Fitness Training, Recreational Activities, Other Usages
4) By Distribution Channel: Offline, Online
5) By End User: Men, Women, Kids
Subsegments:
1) By Apparel: T-Shirts And Tops, Leggings And Pants, Jackets And Hoodies, Sports Bras, Shorts, Sweatshirts And Track Suits
2) By Footwear: Running Shoes, Training Shoes, Sports Sandals, Hiking Boots, Cross-training Shoes
3) By Accessories: Sports Bags And Backpacks, Headbands And Caps, Fitness Gloves, Compression Wear, Water Bottles And Hydration Gear, Socks And Leg Warmers
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What Are the Primary Drivers Shaping the Activewear Market?
Growth in recreational activities is fueling the activewear market. Rising fitness awareness and a need for comfort in leisure pursuits boost demand for breathable, performance-enhancing apparel. The Outdoor Industry Association reported 168.1 million people in the U.S. participated in outdoor recreation in 2022, up from 164.2 million in 2021.
Which Companies Are Leading in the Activewear Market?
Major companies operating in the activewear market are Nike Inc., Adidas AG, Decathlon Group, The Gap Inc., Kappa, VF Corporation, Puma SE, Anta Sports Products Limited, Lululemon Athletica Inc., Skechers USA Inc., Ralph Lauren Corporation, Hanesbrands Inc., Under Armour Inc., New Balance Athletics Inc., Li Ning Company Limited, ASICS Corporation, Columbia Sportswear Company, Deckers Outdoor Corp., Fila Holdings Corp., Wolverine World Wide Inc., Mizuno Corporation, Brooks Sports Inc., Iconix International, Reebok International Limited, Patagonia Inc., Karhu Holding BV, Umbro International Limited
What Are the Major Trends Shaping the Activewear Market?
Companies in the activewear market are turning to sustainable practices with innovations like low-emission sneakers. In September 2023, ASICS Corporation launched the GEL-LYTE III CM 1.95, the lowest CO2-emitting sneaker on the market at 1.95 kg per pair. Made using carbon-negative foam and sugarcane-derived materials, the shoe uses solution-dyed polyester and a minimalistic design structure to reduce material waste.
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What Are the Top Revenue-Generating Geographies in the Activewear Market?
North America was the largest region in the activewear market in 2023. The regions covered in the activewear market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Activewear Market?
2. What is the CAGR expected in the Activewear Market?
3. What Are the Key Innovations Transforming the Activewear Industry?
4. Which Region Is Leading the Activewear Market?
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