Global Athleisure Market was valued at US$ 292 Bn. in 2020. Global Athleisure Market size is estimated to grow at a CAGR of 8% over the forecast period.
Athleisure is a trend in which people dress in clothes that are designed for athletic workouts but can also be worn casually. Athleisure wear has become more acceptable in a variety of social settings, including the workplace. The majority of consumers believe that activewear is comfortable and flexible, which can be attributed to the materials used to make such clothing or footwear. The most common materials used in such athleisure apparel are synthetic textiles such as polyester and nylon, which when combined tend to provide the best combination of required qualities.
Introduction of Athleisure market:
Each and every insight presented in the report was published by an expert group of Stellar Market Research, which is derived from primary interviews with top officials from leading companies in the domain concerned. The report’s secondary data research methodology includes deep online and offline research and discussion with expert professionals and analysts in the Athleisure industry. In the report, Athleisure market reports, industry trends have been explained on the macro level, which is expected to help to find an outline market landscape and probable future issues.
Athleisure Market Overview:
The SMR Athleisure Market report examines the upstream, midstream, and downstream industries' historical and projected growth. The market study goes into detail about the overall market size, overall revenue, and market segmentation. The SMR research thoroughly considers a variety of factors, including current market competition, potential growth barriers, and profiles of key manufacturers, as well as production and consumption by relevant areas.
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Athleisure Market Key players:
Adidas AG
Nike Inc.
Under Armour Inc.
New Balance Athletics Inc.
Columbia Sportswear Company
ASICS Corporation
PUMA SE
VF Corporation
Lululemon Athletica
Athleisure Market Drivers:
During the coronavirus pandemic, customers have been drawn to loungewear such as leggings, pyjamas sets, and other comfortable alternatives. As a result, many brands, such as Old Navy, have rearranged their store layouts to stay current, placing these items just outside the door.
Athleisure Market Segmentation:
In 2020, the mass athleisure type segment held a 65% share of the Athleisure Market. Athletic casual clothing is becoming more popular in a variety of social settings. Many work-appropriate garments are made from sports-inspired materials such as spandex, Lycra, and other synthetic fibers.
Prime Reasons to purchase a Athleisure Market report:
The goal of the Athleisure market report is to help consumers to gain more information and a clearer understanding of the industry. The Athleisure market growth analysis includes development trends, competitive landscape analysis, investment plan, business strategy, opportunity, and key regions development status for international markets.
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Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business.
Athleisure Market , Athleisure Market Size , Athleisure Market Share , Athleisure Market Growth , Athleisure Market trends
Mar 03, 2023