Athleisure Market Size, Application, Consumption, Driven, Regional Revenue, Forecast

 Athleisure Market-Overview

The enthusiasm connected to fitness and comfortable dressing trends is estimated to encourage the athleisure market share. Reports created by MRFR detail the developments of the consumer and retail industry that can be expected in the market through the forecast period. The athleisure market is predicted to be advanced with a surging CAGR in the forecast period.

Social media endorsement trends bolster the reputation of sporting brands and their clothing lines, and this factor is predicted to play a notable role in the market expansion. The clothing's utility element is estimated to further create a marketable USP for the market companies in the approaching period.

Competitive Analysis

The focus on sustained growth in the market is likely to reveal promising development options in the forecast period. Foreign portfolio investors are predicted to play a vital role in expanding the business interest of new businesses innovating the market's product range. The positive influence of macro market reforms is predicted to ripple favorably throughout the global market in the forecast period. The challenges of business stability and diminished cash flows due to the pandemic are estimated to be rectified gradually in the coming years. The market is estimated to be powered by the developments visible in the global market that are being instated to create a swift return to normalcy. The progress in distributing vaccines is estimated to fasten the market's development as optimistic sentiment returns to the market. The majority stake contenders are assessed to take an enhanced amount of risk to achieve their overall targets by aligning the resources needed to accomplish this goal. The return in demand stability is estimated to herald a positive development phase in the global Athleisure market in the forecast period.

The renowned companies in the athleisure market are Nike, Inc. (US), The Under Armour, Inc. (US), Lululemon Athletica (Canada), Ten Thousand, Inc. (US), Adidas AG (Germany), H&M (Switzerland), Eysom (US), Outdoorvoices (US), Isaora (US), and Human Performance Engineering (UK).

Segmental Analysis

The segmental overview of the athleisure market value is conducted on the basis of apparel type, end-use, distribution channel, and region. The end-user segment in the athleisure market is divided into men and women. The apparel type segment in the athleisure market comprises yoga pants, leggings, shorts, sports jackets, sneakers, sports bras, tights & joggers, etc. The distribution channel segment in the athleisure market size is segmented into non-store-based and store-based. The regions considered in the regional segment of the athleisure market are North America, Europe, Asia Pacific, and the rest of the world segments.

Detailed Regional Analysis 

The athleisure market's regional investigation encompasses regions such as North America, Europe, Asia Pacific, and the rest of the world segments. The intensifying participation in sports and fitness events in the emerging regions is creating a profitable market for the worldwide as well as the local companies. Furthermore, swelling disposable revenue in the Asia Pacific & South American regional markets has been drawing high-end sports apparel manufacturers, thus bolstering the region's share. The contemporary end users in the Asia Pacific regional market are looking for fashionable and cozy premium sports clothes, which is likely to translate well for the global market. Also, athleisure brands are joining in the global markets' segments of both in the middle to exclusive pricing ranges of athleisure apparel to tap into the developing trend in the athleisure industry. An advanced and specialized use of fabric and a wealthier customer base in the regions of North America and Europe, along with the altering daywear and activewear styles, are improving this market's growth. Furthermore, fitness & sports is steadily becoming a prestigious representation in a more health-conscious population base in the region, projected to add further to the requirement of athleisure trends 2016 wear in North America and Europe's regional markets.

Industry Updates:

Jan 2021 Puma has merged on-course performance with athleisure in a novel golf apparel line. The Runway hoodie is a component of Puma's original "Excellent Golf Wear" apparel line, which has increased interest in Puma's latest apparel collection called "Excellent Golf Wear," that advances a seamless blend of golf and street-wear styles made of performance fabrics but presented in user-friendly and athleisure-style silhouettes.

Feb 2021 Target's in-house athleticwear product has reached USD 1 billion in sales, a consequence of shoppers' pandemic-induced shift to stretchy, relaxing attires. The brand, named All in Motion, is one of 10 Target brands out of over 30 that touched at least USD 1 billion in sales for 2020. The contagion has been encouraging demand for relaxed, functional clothing since last year. The sales of sweatpants, shorts, and sports bras from March to July 2020,  were rising, notwithstanding overall apparel sales plummeting 34%.

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street,5Th Floor, New York, New York 10013, United States of America

Comments

Post a Comment

Popular posts from this blog

Grain Protectants Industry Analysis Insights, Regional Portfolio, Competitor, Product Category| Forecast

  Market Overview: Protectants are fundamental means of pest management in bulk storages of food grains such as wheat, corn, and rice. They are pest control methods that protect the post-harvest grains from the attack of pests, rodents, and other diseases. The global grain protectants market has been segmented into control method, grain type, and target pest. By control method, the global market has been classified into chemical, physical, and biological. The chemical segment dominated the market in 2017 owing to its high-effectiveness properties and diverse range of chemical compounds to prevent the attack of rodents, fungus, and insects among others. The biological method is projected to grow at a high CAGR during the review period owing to the its eco-friendly nature and less maximum residual levels (MRLs). Based on grain type, the global grain protectants market has been segmented into corn, wheat, rice, and others. The corn segment accounted for the largest market share in...
Read more

Sugar-Free Chewing Gum Global Market Restraint, Share, Segmentation Overview, Size, Production and Consumption Ratio, Forecast to 2027.

  Market Forecast Global Sugar-Free Chewing Gum Market size is projected to be USD 13,548.3 Million by 2027 at a CAGR of 5.2% between 2020 and 2027. According to the US Food and Drug Administration, chewing gum can be labeled as “sugar-free” if it contains less than 0.5 g of sugars per serving. In place of sugar, high-intensity sweeteners such as acesulfame-K, aspartame, neotame, saccharin, sucralose, or stevia are used to sweeten gum. Gum may also be sweetened with sugar alcohols such as erythritol, isomalt, maltitol, mannitol, sorbitol, or xylitol. The consumption of sugar-free confectionery is gaining acceptance among consumers. The high consumption of sugar has been found to adversely affect consumer’s health. A substantial amount of sugar consumption over a long-term period leads to a higher risk of obesity and diabetes. Moreover, the high consumption of sugar also increases the chances of cardiovascular diseases. So, the growing chances of obesity and diabetes from sugar-...
Read more

HoReCa Key Market Players by Product and Consumption, and Forecast 2028

Image
  HoReCa Market Overview: In addition, the global HoReCa market is expected to increase ta a CAGR of 3.15%, with a value of USD 2.38 billion during the projected quarters of 2021-2028. In the hotel industry, food services have a substantial market share. The food and beverage market grew throughout the epidemic and when the situation improved. The success of the HoReCa business is due to the adaption of modern lifestyles and a rise in disposable income in several notable countries. There has been a considerable increase in hotels, restaurants, cafés, and food trucks, all of which contribute to good growth. Tourism is one of the businesses that influence the HoReCa market. The market's growth is influenced by people traveling and sampling new cuisines. The market is further boosted by the experimentation with diverse cuisines' food availability in one location. Another aspect driving market development is the young generation's food habit of dining outside and ordering m...
Read more