The global activewear market size reached US$ 393.2 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 627.3 Billion by 2032, exhibiting a growth rate (CAGR) of 5.3% during 2023-2032. The global market is flourishing, driven by a growing health and wellness trend, technological advancements in fabric and design, and the influential power of social media and celebrity endorsements, which together fuel consumer demand for stylish, high-performance attire suitable for fitness activities and everyday wear.
Major Market Drivers: Key drivers include the rising trend of health and wellness, the influence of social media and celebrity endorsements, and a growing interest in outdoor and fitness activities among all age groups. These factors are contributing to a broader consumer base and higher demand for the products.
Technological Advancements: Innovations in fabric technology and manufacturing processes, such as moisture-wicking materials, temperature control, and wearable technology integration, are enhancing the functionality and appeal, driving consumer interest and market growth.
Industry Applications: It is increasingly being used across various activities, not just traditional sports and fitness. It includes casual wear, professional sports apparel, and specialized gear for outdoor activities, reflecting its versatility and wide-ranging appeal.
Key Market Trends: The market is witnessing an increase in demand for sustainable and eco-friendly apparel, driven by consumer awareness of environmental issues. Additionally, the emergence and rising popularity of athleisure is a significant trend.
Geographical Trends: North America remains the largest market due to high consumer spending power and a strong fitness culture, while the Asia Pacific region is showing rapid growth because of increasing health awareness and economic development. Europe focuses on quality and sustainability, and emerging markets in Latin America and the Middle East and Africa are expanding with rising health consciousness.
Competitive Landscape: The global market is highly competitive, with a mix of established sports brands, luxury fashion labels, and emerging niche players. Key players are focusing on innovation, strategic partnerships, and digital marketing strategies to capture activewear market share.
Challenges and Opportunities: According to the activewear market report, the market faces challenges such as intense competition, changing consumer preferences, and the need for sustainable production practices. However, there are significant opportunities in tapping into emerging markets, leveraging technological innovations, and meeting the growing demand for eco-friendly products.
The escalating global interest in health, wellness, and fitness is a predominant driver of the global market. As people increasingly adopt healthier lifestyles, there's a significant shift towards regular exercise, propelling the demand for comfortable, versatile, and high-performance. This trend is further amplified by the rising awareness of the importance of physical health and its impact on mental well-being, influencing consumers to invest in quality wear that supports their fitness journey. The proliferation of fitness apps, online workout communities, and virtual fitness classes during recent times, especially post-pandemic, has made fitness activities more accessible, thereby expanding the consumer base. Brands are responding by innovating with eco-friendly materials, advanced technical features, and fashionable designs, making it suitable for a broad range of physical activities and everyday wear, thus blurring the lines between workout clothes and casual attire.
Technological advancements and innovation
The global market is significantly driven by technological advancements and innovations in fabrics and manufacturing processes. Modern consumers demand the product that not only provides comfort and flexibility but also incorporates advanced features such as moisture-wicking, temperature control, anti-odor, and UV protection. The integration of wearable technology, like fitness trackers and smart fabrics that monitor biometrics, has also elevated the functionality of it, making it appealing to tech-savvy consumers. Manufacturers are continuously exploring new materials, such as recycled plastics and biodegradable fabrics, to enhance sustainability and appeal to environmentally conscious consumers. These innovations address the growing consumer expectation for high-performance attire that accommodates an active lifestyle while also aligning with personal values regarding sustainability and ethical manufacturing practices, thus influencing purchasing decisions and driving market growth.
Influence of social media and celebrity endorsements
Social media platforms and celebrity endorsements play a crucial role in shaping consumer preferences and driving the global market. Influencers and celebrities showcase the latest activewear market trends, influencing their followers' buying choices and setting fashion trends. The visual nature of platforms like Instagram and TikTok serves as a perfect showcase for brands, enabling them to reach a broad audience by featuring their products in various lifestyle contexts. This visibility not only boosts brand awareness but also encourages a lifestyle that prioritizes fitness and health, further fueling the demand for the product. Collaborations between brands and high-profile personalities in creating signature lines have also become a significant market trend, offering exclusivity and tapping into the fan base of those personalities, thereby attracting a larger customer base and driving sales in the sector.
Bottom Activewear
Innerwear
Swimwear
Outerwear
The report has provided a detailed breakup and analysis of the market based on the product type. This includes top activewear, bottom activewear, innerwear, swimwear, and outerwear.
Polyester
Cotton
Neoprene
Polypropylene
Spandex
Polyester holds the largest share in the industry
A detailed breakup and analysis of the market based on the material type have also been provided in the report. This includes nylon, polyester, cotton, neoprene, polypropylene, and spandex. According to the report, polyester accounted for the largest market share.
Premium
The report has provided a detailed breakup and analysis of the market based on the pricing. This includes economy and premium.
16 - 30 Years
31 - 44 Years
45 - 64 Years
More than 65 Years
The report has provided a detailed breakup and analysis of the market based on the age group. This includes 1 - 15 Years, 16 - 30 Years, 31 - 44 Years, 45 - 64 Years, and More than 65 Years.
Offline Stores
Offline stores represent the leading market segment
The report has provided a detailed breakup and analysis of the market based on the distribution channel. This includes offline stores and online stores. According to the report, offline stores represented the largest segment.
Women
Kids
Women represent the leading market segment
The report has provided a detailed breakup and analysis of the market based on the end user. This includes men, women, and kids. According to the report, women represented the largest segment.
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
North America leads the market, accounting for the largest activewear market share
The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounted for the largest market share.
ASICS Corporation
Columbia Sportswear Company
DICK's Sporting Goods Inc.
Forever 21
Gap Inc.
Nike Inc.
Puma SE
PVH Corp.
Skechers USA Inc.
The North Face (VF Corporation)
Under Armour Inc.
2. What is the expected growth rate of the global activewear market during 2024-2032?
3. What are the key factors driving the global activewear market?
4. What has been the impact of COVID-19 on the global activewear market?
5. What is the breakup of the global activewear market based on the material type?
6. What is the breakup of the global activewear market based on the distribution channel?
7. What is the breakup of the global activewear market based on the end user?
8. What are the key regions in the global activewear market?
9. Who are the key players/companies in the global activewear market?
Activewear Market Analysis:
Market Growth and Size: According to activewear market analysis, the market is experiencing robust growth, fueled by increasing health consciousness and a cultural shift towards more active lifestyles. This trend is reflected globally, with significant market expansion in both developed and emerging economies.Major Market Drivers: Key drivers include the rising trend of health and wellness, the influence of social media and celebrity endorsements, and a growing interest in outdoor and fitness activities among all age groups. These factors are contributing to a broader consumer base and higher demand for the products.
Technological Advancements: Innovations in fabric technology and manufacturing processes, such as moisture-wicking materials, temperature control, and wearable technology integration, are enhancing the functionality and appeal, driving consumer interest and market growth.
Industry Applications: It is increasingly being used across various activities, not just traditional sports and fitness. It includes casual wear, professional sports apparel, and specialized gear for outdoor activities, reflecting its versatility and wide-ranging appeal.
Key Market Trends: The market is witnessing an increase in demand for sustainable and eco-friendly apparel, driven by consumer awareness of environmental issues. Additionally, the emergence and rising popularity of athleisure is a significant trend.
Geographical Trends: North America remains the largest market due to high consumer spending power and a strong fitness culture, while the Asia Pacific region is showing rapid growth because of increasing health awareness and economic development. Europe focuses on quality and sustainability, and emerging markets in Latin America and the Middle East and Africa are expanding with rising health consciousness.
Competitive Landscape: The global market is highly competitive, with a mix of established sports brands, luxury fashion labels, and emerging niche players. Key players are focusing on innovation, strategic partnerships, and digital marketing strategies to capture activewear market share.
Challenges and Opportunities: According to the activewear market report, the market faces challenges such as intense competition, changing consumer preferences, and the need for sustainable production practices. However, there are significant opportunities in tapping into emerging markets, leveraging technological innovations, and meeting the growing demand for eco-friendly products.
Activewear Market Trends:
Health and wellness trendThe escalating global interest in health, wellness, and fitness is a predominant driver of the global market. As people increasingly adopt healthier lifestyles, there's a significant shift towards regular exercise, propelling the demand for comfortable, versatile, and high-performance. This trend is further amplified by the rising awareness of the importance of physical health and its impact on mental well-being, influencing consumers to invest in quality wear that supports their fitness journey. The proliferation of fitness apps, online workout communities, and virtual fitness classes during recent times, especially post-pandemic, has made fitness activities more accessible, thereby expanding the consumer base. Brands are responding by innovating with eco-friendly materials, advanced technical features, and fashionable designs, making it suitable for a broad range of physical activities and everyday wear, thus blurring the lines between workout clothes and casual attire.
Technological advancements and innovation
The global market is significantly driven by technological advancements and innovations in fabrics and manufacturing processes. Modern consumers demand the product that not only provides comfort and flexibility but also incorporates advanced features such as moisture-wicking, temperature control, anti-odor, and UV protection. The integration of wearable technology, like fitness trackers and smart fabrics that monitor biometrics, has also elevated the functionality of it, making it appealing to tech-savvy consumers. Manufacturers are continuously exploring new materials, such as recycled plastics and biodegradable fabrics, to enhance sustainability and appeal to environmentally conscious consumers. These innovations address the growing consumer expectation for high-performance attire that accommodates an active lifestyle while also aligning with personal values regarding sustainability and ethical manufacturing practices, thus influencing purchasing decisions and driving market growth.
Influence of social media and celebrity endorsements
Social media platforms and celebrity endorsements play a crucial role in shaping consumer preferences and driving the global market. Influencers and celebrities showcase the latest activewear market trends, influencing their followers' buying choices and setting fashion trends. The visual nature of platforms like Instagram and TikTok serves as a perfect showcase for brands, enabling them to reach a broad audience by featuring their products in various lifestyle contexts. This visibility not only boosts brand awareness but also encourages a lifestyle that prioritizes fitness and health, further fueling the demand for the product. Collaborations between brands and high-profile personalities in creating signature lines have also become a significant market trend, offering exclusivity and tapping into the fan base of those personalities, thereby attracting a larger customer base and driving sales in the sector.
Activewear Industry Segmentation:
The report provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on product type, material type, pricing, age group, distribution channel and end user.Breakup by Product Type:
Top ActivewearBottom Activewear
Innerwear
Swimwear
Outerwear
The report has provided a detailed breakup and analysis of the market based on the product type. This includes top activewear, bottom activewear, innerwear, swimwear, and outerwear.
Breakup by Material Type:
NylonPolyester
Cotton
Neoprene
Polypropylene
Spandex
Polyester holds the largest share in the industry
A detailed breakup and analysis of the market based on the material type have also been provided in the report. This includes nylon, polyester, cotton, neoprene, polypropylene, and spandex. According to the report, polyester accounted for the largest market share.
Breakup by Pricing:
EconomyPremium
The report has provided a detailed breakup and analysis of the market based on the pricing. This includes economy and premium.
Breakup by Age Group:
1 - 15 Years16 - 30 Years
31 - 44 Years
45 - 64 Years
More than 65 Years
The report has provided a detailed breakup and analysis of the market based on the age group. This includes 1 - 15 Years, 16 - 30 Years, 31 - 44 Years, 45 - 64 Years, and More than 65 Years.
Breakup by Distribution Channel:
Online StoresOffline Stores
Offline stores represent the leading market segment
The report has provided a detailed breakup and analysis of the market based on the distribution channel. This includes offline stores and online stores. According to the report, offline stores represented the largest segment.
Breakup by End User:
MenWomen
Kids
Women represent the leading market segment
The report has provided a detailed breakup and analysis of the market based on the end user. This includes men, women, and kids. According to the report, women represented the largest segment.
Breakup by Region:
North AmericaUnited States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
North America leads the market, accounting for the largest activewear market share
The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounted for the largest market share.
The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:
Adidas AGASICS Corporation
Columbia Sportswear Company
DICK's Sporting Goods Inc.
Forever 21
Gap Inc.
Nike Inc.
Puma SE
PVH Corp.
Skechers USA Inc.
The North Face (VF Corporation)
Under Armour Inc.
Key Questions Answered in This Report
1. How big is the global activewear market?2. What is the expected growth rate of the global activewear market during 2024-2032?
3. What are the key factors driving the global activewear market?
4. What has been the impact of COVID-19 on the global activewear market?
5. What is the breakup of the global activewear market based on the material type?
6. What is the breakup of the global activewear market based on the distribution channel?
7. What is the breakup of the global activewear market based on the end user?
8. What are the key regions in the global activewear market?
9. Who are the key players/companies in the global activewear market?
Table of Contents
1 Preface3 Executive Summary14 Value Chain Analysis16 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Activewear Market
6 Market Breakup by Product Type
7 Market Breakup by Material Type
8 Market Breakup by Pricing
9 Market Breakup by Age Group
10 Market Breakup by Distribution Channel
11 Market Breakup by End User
12 Market Breakup by Region
13 SWOT Analysis
15 Porters Five Forces Analysis
17 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Adidas AG
- ASICS Corporation
- Columbia Sportswear Company
- DICK's Sporting Goods Inc.
- Forever 21
- Gap Inc.
- Nike Inc.
- Puma SE
- PVH Corp.
- Skechers USA Inc.
- The North Face (VF Corporation)
- Under Armour Inc.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 142 |
| Published | July 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 393.2 Billion |
| Forecasted Market Value ( USD | $ 627.3 Billion |
| Compound Annual Growth Rate | 5.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 12 |
