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Athleisure Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • July 2024
  • Region: Global
  • Lucintel
  • ID: 5988945

Athleisure Trends and Forecast

The future of the global athleisure market looks promising with opportunities in the yoga apparel, shirt, legging, and short markets. The global athleisure market is expected to reach an estimated $555.0 billion by 2030 with a CAGR of 8.7% from 2024 to 2030. The major drivers for this market are expanding demand for environmentally friendly materials, rise in the number of individuals joining fitness centers to work out and stay in shape, and widespread availability via a variety of global distribution channels.

A more than 150-page report is developed to help in your business decisions.

Athleisure by Segment

The study includes a forecast for the global athleisure by type, product, distribution channel, end use, and region.

Athleisure Market by Type [Shipment Analysis by Value from 2018 to 2030]:

  • Mass
  • Premium

Athleisure Market by Product [Shipment Analysis by Value from 2018 to 2030]:

  • Yoga Apparels
  • Shirts
  • Leggings
  • Shorts
  • Others

Athleisure Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:

  • Online
  • Offline

Athleisure Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

  • Men
  • Women
  • Children

Athleisure Market by Region [Shipment Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Athleisure Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies athleisure companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the athleisure companies profiled in this report include:
  • Vuori
  • Pangaia
  • Outerknown
  • Lululemon athletica
  • Wear Pact
  • Under Armour
  • Adidas

Athleisure Market Insights

The publisher forecasts that mass will remain larger segment over the forecast period because it offers reasonably priced and easily available athleisure clothing and accessories, appealing to a wider range of customers.

Within this market, shirts will remain the largest segment due to increasing popularity of athleisure clothing among both sexes owing to its ability to absorb perspiration, block odor, provide comfort, and avoid irritating the skin.

North America will remain the largest region over the forecast period due to rising individual preferences for more relaxed attire, growing dependence on internet shopping and cellphones for athleisure purchases.

Features of the Global Athleisure Market

  • Market Size Estimates: Athleisure market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Athleisure market size by type, product, distribution channel, end use, and region in terms of value ($B).
  • Regional Analysis: Athleisure market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different type, product, distribution channel, end use, and regions for the athleisure market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the athleisure market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the athleisure market size?
Answer: The global athleisure market is expected to reach an estimated $555.0 billion by 2030.

Q2. What is the growth forecast for athleisure market?
Answer: The global athleisure market is expected to grow with a CAGR of 8.7% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the athleisure market?
Answer: The major drivers for this market are expanding demand for environmentally friendly materials, rise in the number of individuals joining fitness centers to work out and stay in shape, and widespread availability via a variety of global distribution channels.

Q4. What are the major segments for athleisure market?
Answer: The future of the global athleisure market looks promising with opportunities in the yoga apparel, shirt, legging, and short markets.

Q5. Who are the key athleisure market companies?
Answer: Some of the key athleisure companies are as follows:
  • Vuori
  • Pangaia
  • Outerknown
  • Lululemon athletica
  • Wear Pact
  • Under Armour
  • Adidas
Q6. Which athleisure market segment will be the largest in future?
Answer: The publisher forecasts that mass will remain larger segment over the forecast period because it offers reasonably priced and easily available athleisure clothing and accessories, appealing to a wider range of customers.

Q7. In athleisure market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to rising individual preferences for more relaxed attire, growing dependence on internet shopping and cellphones for athleisure purchases.

Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.

This report answers the following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the athleisure market by type (mass and premium), product (yoga apparels, shirts, leggings, shorts, and others), distribution channel (online and offline), end use (men, women, and children), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Athleisure Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Athleisure Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Athleisure Market by Type
3.3.1: Mass
3.3.2: Premium
3.4: Global Athleisure Market by Product
3.4.1: Yoga Apparels
3.4.2: Shirts
3.4.3: Leggings
3.4.4: Shorts
3.4.5: Others
3.5: Global Athleisure Market by Distribution Channel
3.5.1: Online
3.5.2: Offline
3.6: Global Athleisure Market by End Use
3.6.1: Men
3.6.2: Women
3.6.3: Children
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Athleisure Market by Region
4.2: North American Athleisure Market
4.2.1: North American Athleisure Market by Type: Mass and Premium
4.2.2: North American Athleisure Market by Product: Yoga Apparels, Shirts, Leggings, Shorts, and Others
4.3: European Athleisure Market
4.3.1: European Athleisure Market by Type: Mass and Premium
4.3.2: European Athleisure Market by Product: Yoga Apparels, Shirts, Leggings, Shorts, and Others
4.4: APAC Athleisure Market
4.4.1: APAC Athleisure Market by Type: Mass and Premium
4.4.2: APAC Athleisure Market by Product: Yoga Apparels, Shirts, Leggings, Shorts, and Others
4.5: ROW Athleisure Market
4.5.1: ROW Athleisure Market by Type: Mass and Premium
4.5.2: ROW Athleisure Market by Product: Yoga Apparels, Shirts, Leggings, Shorts, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Athleisure Market by Type
6.1.2: Growth Opportunities for the Global Athleisure Market by Product
6.1.3: Growth Opportunities for the Global Athleisure Market by Distribution Channel
6.1.4: Growth Opportunities for the Global Athleisure Market by End Use
6.1.5: Growth Opportunities for the Global Athleisure Market by Region
6.2: Emerging Trends in the Global Athleisure Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Athleisure Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Athleisure Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Vuori
7.2: Pangaia
7.3: Outerknown
7.4: Lululemon athletica
7.5: Wear Pact
7.6: Under Armour
7.7: Adidas

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Vuori
  • Pangaia
  • Outerknown
  • Lululemon athletica
  • Wear Pact
  • Under Armour
  • Adidas

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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