Activewear Trends and Forecast
The future of the global activewear market looks promising with opportunities in the offline and online markets. The global activewear market is expected to reach an estimated $516.3 million by 2030 with a CAGR of 6.4% from 2024 to 2030. The major drivers for this market are increasing number of global organizations' efforts to encourage sports participation, growing preference for contemporary attire for daily activities and the gym, and growing demand for leisure activities, such as running and cycling.Activewear by Segment
The study includes a forecast for the global activewear by product type, fabric, gender, distributional channel, and region.Activewear Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
- Ready To Wear
- Fashion Outer, Pants, & T-Shirts
- Rash Guard, Wet Suit, & Swim Wear
- Sports Shoes, Aqua Shoes, & Aqua Socks
- Fashion Brand
Activewear Market by Fabric [Shipment Analysis by Value from 2018 to 2030]:
- Polyester
- Nylon
- Neoprene
- Polypropylene
- Spandex
- Cotton
- Others
Activewear Market by Gender [Shipment Analysis by Value from 2018 to 2030]:
- Men
- Women
- Kids
Activewear Market by Distributional Channel [Shipment Analysis by Value from 2018 to 2030]:
- Offline
- Online
Activewear Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Activewear 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 activewear companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base.Some of the activewear companies profiled in this report include:
- DICKS Sporting Goods
- Under Armour
- V.F. Corporation
- The Gap
- Puma
- Lululemon athletica
- Skechers
- Columbia Sportswear Company
- ASICS Corporation
- Nike
Activewear Market Insights
The publisher forecasts that polyester will remain larger segment over the forecast period due to its potent moisture-wicking qualities, which make it perfect for sportswear, and it efficiently extracts sweat from the skin's surface, facilitating quick evaporation and keeping the wearer dry and comfortable throughout vigorous exercise.Within this market, offline will remain larger segment due to customers benefit from the availability of several variants of activewear, discounts on certain brands, the aid of sales executives, and simple checkouts at offline stores.
North America will remain the largest region over the forecast period due to growing trend of having a fit body and a healthy lifestyle, as well as, increased levels of disposable income, decreased production costs, and better living conditions.
Features of the Global Activewear Market
- Market Size Estimates: Activewear market size estimation in terms of value ($M).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Activewear market size by product type, fabric, gender, distributional channel, and region in terms of value ($M).
- Regional Analysis: Activewear market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different product type, fabric, gender, distributional channel, and regions for the activewear market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the activewear market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the activewear market size?Answer: The global activewear market is expected to reach an estimated $516.3 million by 2030.
Q2. What is the growth forecast for activewear market?
Answer: The global activewear market is expected to grow with a CAGR of 6.4% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the activewear market?
Answer: The major drivers for this market are increasing number of global organizations' efforts to encourage sports participation, growing preference for contemporary attire for daily activities and the gym, and growing demand for leisure activities, such as running and cycling.
Q4. What are the major segments for activewear market?
Answer: The future of the global activewear market looks promising with opportunities in the offline and online markets.
Q5. Who are the key activewear market companies?
Answer: Some of the key activewear companies are as follows:
- DICKS Sporting Goods
- Under Armour
- V.F. Corporation
- The Gap
- Puma
- Lululemon athletica
- Skechers
- Columbia Sportswear Company
- ASICS Corporation
- Nike
Answer: The publisher forecasts that polyester will remain larger segment over the forecast period due to its potent moisture-wicking qualities, which make it perfect for sportswear, and it efficiently extracts sweat from the skin's surface, facilitating quick evaporation and keeping the wearer dry and comfortable throughout vigorous exercise.
Q7. In activewear 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 growing trend of having a fit body and a healthy lifestyle, as well as, increased levels of disposable income, decreased production costs, and better living conditions.
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 activewear market by product type (ready to wear, fashion outer, pants, & t-shirts, rash guard, wet suit, & swim wear, sports shoes, aqua shoes, & aqua socks, and fashion brand), fabric (polyester, nylon, neoprene, polypropylene, spandex, cotton, and others), gender (men, women, and kids), distributional channel (offline and online), 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 Activewear Market : Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- DICKS Sporting Goods
- Under Armour
- V.F. Corporation
- The Gap
- Puma
- Lululemon athletica
- Skechers
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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