Athleisure Market 2022 Growth Drivers, Investment Opportunity and Product Developments 2030
The report “Athleisure Market Share, Size, Trends, Industry Analysis Report, By Product [Yoga Apparel (Tops, Pants, Shorts, Unitards, Capris, Others), Shirts, Leggings, Shorts, Others]; By Type; By End-Use; By Distribution Channel; By Region; Segment Forecast, 2022 – 2029” gives a detailed insight into current market dynamics and provides analysis on future market growth.
According to the research report published by Polaris Market Research, The global athleisure market size is expected to reach USD 542.24 Billion by 2029 according to a new study by Polaris Market Research.
The prominent factors for the market growth include the increasing inclination towards sports and outdoor recreational activities coupled with the rising number of product variations and marketing strategies by the leading players. In addition, various enterprises are focusing on the specific product range and presenting tailored gear, which is the best alternative for the end-user, which is likely to accelerate the revenue growth.
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The premium athleisure products segment is projected to rise at the fastest CAGR in the forecasting period due to the growing focus of the companies on offering healthy lifestyles to the population to form a group of active enthusiasts, which, in turn, boost the sales of the mass-marketed products.
Top Market Players
- Hanes Brands Inc.
- Lululemon Athletica
- Adidas AG
- Wear Pact LLC
- Under Armour Inc.
- Patagonia Inc.
- Eileen Fisher
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The growing influence of social media and innovative marketing strategies is the major driving factor that is propelling the athleisure market growth worldwide. The rising social media trend has shifted the business environment by structuring new opportunities for market players. Social media offers potential prospects for branding and product launches as it associates with both consumers and marketers. The frequent posts of blogs, videos, and pictures on various social networking sites such as Instagram, Twitter, Facebook, and YouTube may catalyze athleisure products demand.
Polaris Market Research has segmented the athleisure market report on the basis of type, product, end-use, distribution channel, and region:
Athleisure, Type Outlook (Revenue – USD Million, 2017 – 2029)
Athleisure, Product Outlook (Revenue – USD Million, 2017 – 2029)
- Yoga Apparels
Athleisure, End-Use Outlook (Revenue – USD Million, 2017 – 2029)
Athleisure, Distribution Channel Outlook (Revenue – USD Million, 2017 – 2029)
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