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Athleisure Market Size To Grow At A CAGR Of 8.1% In The Forecast Period Of 2024-2033| Data Analysis By Global Insight Services

01-03-2024 12:38 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Insight Services

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Athleisure Market Size To Grow At A CAGR Of 8.1% In The Forecast

The Athleisure Market represents a dynamic and rapidly evolving segment within the fashion and sportswear industry. Athleisure apparel blends the comfort and functionality of activewear with the style and versatility of everyday fashion, catering to consumers' increasing demand for clothing that seamlessly transitions from the gym to daily life. Key drivers of this market include the growing emphasis on health and wellness, which has prompted individuals to incorporate fitness into their daily routines, thus driving the demand for comfortable and fashionable activewear.

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Additionally, changing work and lifestyle patterns, including the rise of remote work and a preference for more casual attire, have fueled the popularity of athleisure wear. Moreover, the adoption of sustainable and eco-friendly materials in athleisure clothing aligns with the rising eco-consciousness among consumers. As athleisure continues to blur the lines between sportswear and streetwear, the market is poised for continued growth and innovation in response to evolving consumer preferences.

Key Trends

In the Athleisure Market, several key trends are reshaping the landscape. Firstly, sustainability is a driving force, with consumers increasingly seeking athleisure brands that prioritize eco-friendly materials and ethical production practices. This trend is pushing companies to adopt recycled and sustainable fabrics and reduce their environmental footprint. Secondly, the fusion of technology and fashion is evident, as smart textiles and wearables gain popularity in athleisure garments, providing features like fitness tracking and temperature control.

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Key Drivers

The Athleisure Market is driven by several key factors. Firstly, the growing emphasis on a healthy and active lifestyle has led to increased participation in fitness activities, driving demand for comfortable and versatile athleisure apparel that can seamlessly transition from workouts to daily life. Secondly, the shift in workplace dress codes toward more casual attire, especially with the rise of remote work, has boosted the adoption of athleisure wear as a preferred choice for both work and leisure. Thirdly, the influence of social media and the rise of wellness and fitness influencers have contributed to the fashion-conscious consumer's interest in athleisure, pushing brands to continually innovate and offer stylish options.

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Market Segmentation : Athleisure Market

Athleisure Market By Product Type : Yoga Apparels Shirts, Leggings, Shorts, Others

Athleisure Market By End User : Men, Women, Children

Athleisure Market By Distribution Channel : Online, Offline

Athleisure Market By Region : North America : US, Canada, Mexico, Europe : The UK, Germany, France, Italy, Spain, Netherlands, Switzerland, Asia-Pacific : China, India, Japan, South Korea, Australia, Singapore, Indonesia, Rest of Asia-Pacific, Rest of the World : Latin America, Middle East, Africa

Key Players :

adidas America, Inc. (US)
HanesBrands Inc. (US)
LACOSTE USA, Inc. (US)
lululemon athletica inc. (US)
Nike, Inc. (US)
Outerknown, LLC (US)
Pangaia Group (UK)
Under Armour, Inc. (US)
Vuori, Inc. (US)
Wear Pact, LLC (US)
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With Global Insight Services, you receive :

10-year forecast to help you make strategic decisions
In-depth segmentation which can be customized as per your requirements
Free consultation with lead analyst of the report
Excel data pack included with all report purchases
Robust and transparent research methodology

Contact Us :

Global Insight Services LLC
16192, Coastal Highway, Lewes DE 15998
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/

About Global Insight Services :

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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