Press release
Strong Growth Ahead: Luxury Activewear Market Size To Grow At Arecord 7.5% Cagr By 2029
Luxury Activewear
How Big Is the Luxury Activewear Market Size Expected to Be by 2034?
The luxury activewear market is experiencing strong growth, with projections showing an increase from $6.32 billion in 2024 to $6.81 billion in 2025, at a CAGR of 7.8%. The drivers include a growing health-conscious consumer base, increased fitness awareness, rising participation in fitness activities, higher disposable incomes, demand for sustainable luxury activewear, and the expansion of distribution channels.
The luxury activewear market is expected to reach $9.09 billion by 2029 at a CAGR of 7.5%. Growth is driven by celebrity endorsements, social media influence, marketing strategies, increased focus on inclusive sizing and customization, and popularity of HIIT and boutique fitness. Trends include eco-friendly materials, innovations in production processes, moisture-wicking fabrics, and advancements in personalized activewear.
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What Are the Emerging Segments Within the Luxury Activewear Market?
The luxury activewear market covered in this report is segmented -
1) By Type: Top Activewear, Bottom Activewear, Innerwear, Swimwear, Outerwear
2) By Material: Nylon, Polyester, Cotton, Neoprene, Polypropylene, Spandex
3) By Distribution: Online Stores, Offline Stores
4) By End User: Men, Women, Kids
Subsegments:
1) By Top Activewear: Luxury Sports Bras, Luxury Tank Tops, Luxury T-Shirts And Sweatshirts, Luxury Jackets And Hoodies
2) By Bottom Activewear: Luxury Leggings, Luxury Yoga Pants, Luxury Shorts, Luxury Joggers And Sweatpants
3) By Innerwear: Luxury Sports Underwear, Luxury Sports Bras
4) By Swimwear: Luxury Swimsuits, Luxury Bikinis, Luxury Swim Tops And Bottoms
5) By Outerwear: Luxury Jackets, Luxury Coats And Parkas, Luxury Windbreakers, Luxury Active Outerwear
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What Long-Term Drivers Are Shaping Luxury Activewear Market Trends?
Lastly, the growing participation in sports and fitness activities is expected to drive the luxury activewear market. With increasing health awareness and fitness trends, more consumers are investing in high-performance, stylish activewear that supports their physical activities. According to the Outdoor Industry Association, the number of outdoor recreation participants in the U.S. increased by 2.3% in 2022, highlighting the rising demand for luxury activewear designed to meet the needs of active consumers.
Who Are the Top Competitors in Key Luxury Activewear Market Segments?
Major companies operating in the luxury activewear market are Nike Inc., Adidas AG, Gap Inc., PVH Corp., Puma SE, Lululemon athletica inc., Skechers USA Inc., Under Armour Inc., ASICS Corporation, Columbia Sportswear Company, Patagonia Inc., Reebok International Limited, Tory Burch LLC, Fabletics LLC, Mammut Sports Group AG, Sweaty Betty Limited, Outdoor Voices Inc., Norrona Sport AS, Carbon 38 Inc., PE Nation, Splits59, The Upside, Vaara, Live The Process
What Are the Latest Developing Trends in the Luxury Activewear Market?
Leading firms in the high-end activewear industry are innovating by producing upscale casual sportswear with superior performance characteristics. These premium quality casual sports outfits are designed to deliver stylish looks, maximize comfort, functionality, and flexibility for sports activities and daily use. For instance, Jennifer Sey, former global brand president at Levi Strauss & Co., an America-based clothing firm, introduced XX-XY Athletics, an exclusive casual sportswear line, in May 2024. XX-XY Athletics is committed to producing top-grade athletic wear for both genders while passionately advocating for the preservation of women's sports' integrity. These performance-driven clothing lines are designed to cater to the requirements of active individuals while delivering a powerful message through their empowering narratives.
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Which Regions Are Becoming Hubs for Luxury Activewear Market Innovation?
North America was the largest region in the luxury activewear market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the luxury 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 Luxury Activewear Market?
2. What is the CAGR expected in the Luxury Activewear Market?
3. What Are the Key Innovations Transforming the Luxury Activewear Industry?
4. Which Region Is Leading the Luxury Activewear Market?
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