NEW YORK, Dec. 20, 2022 /PRNewswire/ — Technavio categorizes the global athleisure market as a part of the global apparel, accessories, and luxury goods market. The parent, global apparel, accessories, and luxury goods market covers products and companies engaged in the manufacturing/marketing of apparel, accessories, and luxury goods. The global athleisure market size is estimated to increase by USD 176.16 billion. The market’s growth momentum will be progressing at a CAGR of 7.15%.
Discover some insights on market size before buying the full report –Request a sample report
Global athleisure market – Customer landscape
To help companies evaluate and develop growth strategies, the report outlines –
Key purchase criteria
Adoption rates
Adoption lifecycle
Drivers of price sensitivity
Global athleisure market – Vendor analysis
Vendor Landscape – The global athleisure market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer athleisure in the market are Adidas AG, ALALA, ALO LLC, American Eagle Outfitters Inc, Carbon38 Inc., EYSOM LLC, Gap Inc., H and M Hennes and Mauritz GBC AB, lululemon Athletica Inc., Michi Design Inc., New Balance Athletics Inc., Nike Inc., Outdoor Voices Inc., P.E Nation International, Rhone Apparel Inc, Sweaty Betty Ltd., Columbia Sportswear Co, PUMA SE, Under Armour Inc., and VF Corp. and others.
The global athleisure market is at its growing stage. This implies that the market in focus is characterized by the growing prominence of online shopping, increasing adoption of fitness initiatives by corporates, rise and evolution of the athleisure movement.
Vendor Offerings –
adidas AG: The company offers athleisure products such as sneakers, and training pants.
ALALA: The company offers athleisure products such as Barre Seamless Tank, Mirage Tight.
Carbon38 Inc.: The company offers athleisure products such as leggings, joggers, shorts, and bottoms.
EYSOM LLC: The company offers athleisure products such as pants, shorts, leggings, joggers, and sneakers.
Gap Inc.: The company offers athleisure products such as tees, tanks, shorts, and pants.
For Details on the vendor and its offerings – Buy the report!
Global athleisure market – Segmentation assessment
Segment Overview
Technavio has segmented the market based on the product (mass athleisure and premium athleisure), distribution Channel (online and offline), and geography (North America, Europe, APAC, South America, and Middle East and Africa).
The market share growth of the mass athleisure segment will be higher than the other segments during the forecast period. One of the key elements fueling the growth of this market is the increased demand for athleisure clothes among millennials around the world. According to a recent trend, consumers are choosing comfortable and presentable attire for work from home, supermarket shopping, and social media appearances. Along with being comfortable, these products also meet consumer fashion criteria. Such factors will propel the growth of the mass athleisure segment during the forecast period.
Geography Overview
By geography, the global athleisure market is segmented into North America, Europe, APAC, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global athleisure market.
North America will account for 31% of the market’s growth during the forecast period. In nations like the US, Canada, and Mexico, denim apparel has typically dominated the market. However, the region’s millennial and Gen X populations are being persuaded to wear athleisure clothes due to the growing celebrity sponsorships for fashion. Employees are encouraged to pick athleisure clothing as it meets both their casual and athletic wear needs. These developments are driving the growth of the market in the region.
Download a Sample Report
Global athleisure market – Market dynamics
Leading Drivers – The growing prominence of online shopping is notably driving the market growth. Sales of athleisure is expected to increase significantly during the forecast period due to the expanding trend of online retailing. The growth is more perceptible in the US, UK, Japan, and India, among other nations, where athleisure wear producers like Nike and Adidas are progressively moving their product sales and distribution online. Furthermore, because there are no expenses related to the management of physical stores, hiring sales staff, or physical merchandising of athleisure, merchants give significant discounts directly to clients due to the online distribution channel. Therefore, the online segment is expected to witness an incremental year-over-year growth rate during the forecast period.
Key Trends – The rising popularity of denim athleisure is a major trend in the market. This is prompting various denim makers to include more athleisure-inspired designs in their products. For instance, Levi Strauss introduced a new range of stretch jeans in 2020 and established a lab to investigate new techniques for making elastic clothing. Other premium denim makers are copying this trend, and it has led to numerous partnerships and collaborations between them. The idea of stretchable jeans has been embraced by many producers, who are employing elastane and lycra materials to create elastic versions of standard jeans. Thus, one of the increasing trends that are anticipated to fuel the market’s growth over the next years is the popularity of denim athleisure.
Major challenges – Increasing competition from the unorganized sector is the major challenge impeding the market growth. The market’s expansion is hampered by an increase in the number of regional and unorganized vendors. Local, unorganized vendors have gained popularity due to their low prices. The money generated by major vendors has been affected by the low-cost goods provided by regional and unorganized vendors. Due to the existence of several local, regional, and worldwide sellers, the market is highly fragmented. This trait can limit market expansion. The market will experience slower growth throughout the projection period due to the fierce price competition that exists between organized and unorganized local vendors.
Driver, Trend & Challenges are the factor of market dynamics that states about consequences & sustainability of the businesses, find some insights from a sample report!
What are the key data covered in this athleisure market report?
CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the athleisure market between 2023 and 2027
Precise estimation of the size of the athleisure market and its contribution to the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the athleisure market across North America, Europe, APAC, South America, and Middle East and Africa
A thorough analysis of the market’s competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of athleisure market vendors
Gain instant access to 17,000+ market research reports.
Technavio’s SUBSCRIPTION platform
Related Reports:
US Winter Wear Market by Product, Retail Channel and Geography – Forecast and Analysis 2023-2027: The winter wear market in US is estimated to grow at a CAGR of 2.85% between 2022 and 2027. The size of the market is forecast to increase by USD 14.31 billion. This report extensively covers market segmentation by product (apparel and footwear) and retail channel (specialty stores, mass merchandisers, and online retailing).
Custom Apparel Market by End-user, Distribution Channel, and Geography – Forecast and Analysis 2023-2027: The custom apparel market is estimated to grow at a CAGR of 7.22% between 2022 and 2027. The size of the market is forecast to increase by USD 1,790.48 million. This report extensively covers market segmentation by end-user (women, men, and children), distribution channel (offline and online), and geography (APAC, North America, Europe, Middle East and Africa, and South America).
Athleisure Market Scope
Report Coverage
Details
Page number
160
Base year
2022
Historic period
2017-2021
Forecast period
2023-2027
Growth momentum & CAGR
Accelerate at a CAGR of 7.15%
Market growth 2023-2027
USD 176.16 billion
Market structure
Fragmented
YoY growth 2022-2023 (%)
6.15
Regional analysis
North America, Europe, APAC, South America, and Middle East and Africa
Performing market contribution
North America at 31%
Key countries
US, Japan, China, UK, and Germany
Competitive landscape
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled
adidas AG, ALALA, ALO LLC, American Eagle Outfitters Inc, Carbon38 Inc., EYSOM LLC, Gap Inc., H and M Hennes and Mauritz GBC AB, lululemon athletica Inc., Michi Design Inc., New Balance Athletics Inc., Nike Inc., Outdoor Voices Inc., P.E Nation International, Rhone Apparel Inc, Sweaty Betty Ltd., Columbia Sportswear Co, PUMA SE, Under Armour Inc., and VF Corp.
Market dynamics
Parent Market Analysis; Market growth inducers and obstacles; Fast-growing and slow-growing segment analysis for the forecast period
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Browse for Technavio “Consumer Discretionary” Research Reports
Table of Contents
1 Executive Summary
1.1 Market overview
2 Market Landscape
2.1 Market ecosystem
3 Market Sizing
3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
4 Historic Market Size
4.1 Global athleisure market 2017 – 2021
4.2 Product Segment Analysis 2017 – 2021
4.3 Distribution Channel Segment Analysis 2017 – 2021
4.4 Geography Segment Analysis 2017 – 2021
4.5 Country Segment Analysis 2017 – 2021
5 Five Forces Analysis
5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition
6 Market Segmentation by Product
6.1 Market segments
6.2 Comparison by Product
6.3 Mass athleisure – Market size and forecast 2022-2027
6.4 Premium athleisure – Market size and forecast 2022-2027
6.5 Market opportunity by Product
7 Market Segmentation by Distribution Channel
7.1 Market segments
7.2 Comparison by Distribution Channel
7.3 Online – Market size and forecast 2022-2027
7.4 Offline – Market size and forecast 2022-2027
7.5 Market opportunity by Distribution Channel
8 Customer Landscape
8.1 Customer landscape overview
9 Geographic Landscape
9.1 Geographic segmentation
9.2 Geographic comparison
9.3 North America – Market size and forecast 2022-2027
9.4 Europe – Market size and forecast 2022-2027
9.5 APAC – Market size and forecast 2022-2027
9.6 South America – Market size and forecast 2022-2027
9.7 Middle East and Africa – Market size and forecast 2022-2027
9.8 US – Market size and forecast 2022-2027
9.9 UK – Market size and forecast 2022-2027
9.10 Japan – Market size and forecast 2022-2027
9.11 Germany – Market size and forecast 2022-2027
9.12 China – Market size and forecast 2022-2027
9.13 Market opportunity by geography
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks
12 Vendor Analysis
12.1 Vendors covered
12.2 Market positioning of vendors
12.3 adidas AG
12.4 ALALA
12.5 ALO LLC
12.6 American Eagle Outfitters Inc
12.7 Carbon38 Inc.
12.8 Columbia Sportswear Co
12.9 EYSOM LLC
12.10 H and M Hennes and Mauritz GBC AB
12.11 lululemon athletica Inc.
12.12 Michi Design Inc.
12.13 New Balance Athletics Inc.
12.14 Nike Inc.
12.15 Outdoor Voices Inc.
12.16 P.E Nation International
12.17 PUMA SE
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
View original content to download multimedia:https://www.prnewswire.com/news-releases/athleisure-market-size-to-grow-by-usd-176-16-billion-from-2022-to-2027-a-descriptive-analysis-of-customer-landscape-vendor-assessment-and-market-dynamics—technavio-301706221.html
SOURCE Technavio
Today's video focuses on Amazon (NASDAQ: AMZN) and its recently announced processor, Graviton3E, and what it means for semiconductor companies like Advanced Micro Devices (NASDAQ: AMD), Intel (NASDAQ: INTC), and Nvidia (NASDAQ: NVDA).
(Bloomberg) — Zimbabwe has banned the export of unprocessed raw lithium with immediate effect as part of efforts to have the key raw material in electric-vehicle batteries processed locally. Most Read from BloombergMusk Is Looking for a New Twitter CEO After Losing PollAmazon Ring Cameras Used in Nationwide ‘Swatting’ Spree, US SaysJustin Bieber Urges Fans Not to Buy His Own ‘Trash’ Merchandise at H&MRussian Gas Flows to Europe Unaffected After Pipeline BlastYen Surges as Kuroda’s Yield Cap Sho
Yahoo Finance Live anchors discuss reports that Wells Fargo has reached a $3.7 billion settlement with the Consumer Financial Protection Bureau (CFPB).
How she job-hopped her way to half a million dollars in pay while also finding more time to spend with her family.
In this article, we discuss the 12 oil stocks with the biggest upside. If you want to read about some more oil stocks with the biggest upside, go directly to 5 Oil Stocks With Biggest Upside. The petroleum industry, also known as the oil industry, includes the global processes of exploration, extraction, refining, transportation, and […]
Gas prices were a major story in 2022: Russia’s invasion of Ukraine roiled energy markets and some predicted the US dollar might be subsumed by a new, commodity-backed trade currency.
When Warren Buffett purchased Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) and became its CEO in 1965, he paid approximately $18 per share in the buyout. At the time, Berkshire was actually a struggling textiles company, but it would go on to become the foundation and namesake for one of history's most successful investment conglomerates. Today, the company's Class A stock trades at roughly $454,600 per share — good for an increase of more than 2,525,400% over Buffett's initial purchase price.
Congress is on the verge of passing a bill that aims to help Americans save more for retirement, including raising the age people must start withdrawing money from tax-deferred retirement accounts.
These rock-solid income stocks, with inflation-fighting yields ranging from 4.6% to 8%, provide plenty of reward with minimal risk for investors.
Fundamental analysts appear to be positive about a number of Merck & Co.'s cancer treatments and that seems to be translating into a strong looking charts and indicators. In this daily bar chart of MRK, below, I see a chart that has ignored the weakness in the broad market. The On-Balance-Volume (OBV) line shows us a bullish rise the past year.
(Bloomberg) — Russia’s seaborne crude shipments collapsed in the first full week of Group of Seven sanctions targeting Moscow’s petroleum revenues, a potential source of alarm for governments around the world seeking to avoid disruption to the nation’s giant export program.Some of the plunge was exaggerated by work at a port in the Baltic that’s now finished, but there also appeared to be a shortage of ship owners willing to carry key cargoes from an export facility in Asia. Several other ports
Yahoo Finance Live anchors discuss the decline in stock for General Mills following second-quarter earnings.
A thousand workers told Schwab that they need an average of $1.7 million in savings to pay for retirement. But inflation, monthly expenses, stock market volatility and other retirement obstacles are keeping them from reaching their goals. Here's what the … Continue reading → The post Here's How Much Schwab Says You Need for Retirement appeared first on SmartAsset Blog.
South Korea's Hyundai Motor Co, formerly one of Russia's biggest car makers, has begun laying off workers at its St Petersburg factory, which has stood idle since March, largely due to the effects of Russia's military intervention in Ukraine. "Owing to the continued suspension of production, Hyundai Motor is taking steps to optimise its staff numbers in Russia," Hyundai's Russian unit said in a statement. Around 2,600 people built Hyundai and Kia cars at the plant, which has a capacity of some 200,000 vehicles per year.
(Bloomberg) — Wells Fargo & Co. agreed to pay $3.7 billion to settle allegations that for years it mistreated millions of customers, causing some to lose their cars or homes. That record-setting amount still doesn’t mean the bank’s problems are over.Most Read from BloombergMusk Is Looking for a New Twitter CEO After Losing PollAmazon Ring Cameras Used in Nationwide ‘Swatting’ Spree, US SaysJustin Bieber Urges Fans Not to Buy His Own ‘Trash’ Merchandise at H&MRussian Gas Flows to Europe Unaffect
Yahoo Finance Live anchors discuss reports that 3M will end the use of ‘forever chemicals’ in its products by the end of 2025.
In this article, we discuss 10 biggest energy drink companies in the world. For more such companies, go to 5 Biggest Energy Drink Companies in the World. An Analysis of the Energy Drinks Industry Allied Market Research’s analysis report stated the the global energy drinks market was valued at $45.80 billion in 2020. Energy drinks […]
(Reuters) -Microsoft Corp was hit on Tuesday in U.S. court with a private consumer lawsuit claiming the technology company's $69 billion bid to purchase "Call of Duty" maker Activision Blizzard Inc will unlawfully squelch competition in the video game industry. The complaint filed in federal court in California comes about two weeks after the U.S. Federal Trade Commission filed a case with an administrative law judge seeking to stop Microsoft, owner of the Xbox console, from completing the largest-ever acquisition in the video-gaming market. The private lawsuit also seeks an order blocking Microsoft from acquiring Activision.
If its customers have a choice when it comes to internet service, it's usually an inferior one. Comcast has a good product — one that for decades was a legally mandated monopoly in many markets — and it has a huge edge over competitors. Now, even where it has rivals, Comcast holds the incumbent's edge.
Twitter Inc on Tuesday was accused by 100 former employees of various legal violations stemming from Elon Musk's takeover of the company, including targeting women for layoffs and failing to pay promised severance. Shannon Liss-Riordan, a lawyer for the workers, said she had filed 100 demands for arbitration against Twitter that make similar claims to four class action lawsuits pending in California federal court. The workers all signed agreements to bring legal disputes against the company in arbitration rather than court, Liss-Riordan said, which means they will likely be barred from participating in the class actions.
- Latest
- Trending
