Athleisure Market

1. Athleisure market was assessed at $175.4 billion in 2021 and is estimated to reach $247.3 billion by 2026, developing at a CAGR of 6.7% over the conjecture period from 2022 - 2027. Athleisure is the trend of wearing specially designed sports training clothing that is now applicable to both gym-goers and casual wear. Sportswear is increasingly acceptable in a variety of social settings, including in the workplace. Most consumers find sportswear to be comfortable and flexible, which is attributed to the type of material used to design the clothing or footwear. Synthetic fabrics such as polyester and nylon are the most common materials used in this sportswear, which together tend to provide the best combination of properties required. Athleisure Market Growth and Trends: The rising trend in health and wellness is one of the major influencing factors that have driven the growth of value sales for the global athleisure market. Consumers all over the world seriously consider their physical activity when engaging in various sports and physical activities. Therefore, the fitness industry is highly promoted among these target segments. On the other hand, different fitness influencers have been promoting active clothes that have caught the attention of target customers. This spawned a sports cult, with athletic clothing worn on catwalks, social gatherings, and to gyms. Browse for full report @ https://www.marketdataforecast.com/market-reports/global- athleisure-market Athleisure Market Drivers and Restraints: The demand in the global athleisure market is majorly supported by increasing disposable income, technical innovations in clothing, and growing product awareness through social media and celebrity branding. In addition, the surge in the health-conscious population opting for performance and comfort clothing is likely to further drive the growth of the athleisure market. In addition, extensive research and development into the development of advanced fabrics with high tensile strength and durability would further strengthen the market in the years to come. Market segmentation: Athleisure Market According to the type of product: The market is categorized into sneakers, joggers, leggings, hoodies, and others. Among these subsegments, the apparel segment represents a higher value athletics market share. Sportswear is gaining popularity among your target customers, which is mainly due to its aesthetic and comfort factors. This has led to a gradual increase in the trend to wear sportswear to social gatherings or even what is considered casual wear. Additionally, athletics is increasingly accepted in the workplace. Athleisure Market Based on gender: The athletics market is segmented into men and women. Among these subsegments, the male segment represents a higher value share. When it comes to clothing, men are looking for clothes that are comfortable for them and that, at the same time, look good overall.

2. Athleisure product offerings and features meet these requirements. Among the male population, some of the sportswear, such as bomber jackets, casual pants, round neck sweaters, polo shirts and others, have gained popularity in the last two years. Thus, the uniqueness of athleisure style and comfort is one of the main factors responsible for the demand for the product among the male population. Ask for a sample report @ https://www.marketdataforecast.com/market-reports/global- athleisure-market/request-sample Athleisure Market According to the distribution channel: The market is segmented into online and offline channels. Among these, sales through the offline channel represent a higher value athleisure market share. Regional Analysis: According to the regions, the market is analysed in •North America •Europe •Asia-Pacific •Latin America •Middle east and Africa Impact of COVID-19 on Athleisure Market: Although the athleisure market has witnessed a slump with the closure of gyms and fitness centers during the lockdown period to curb the spread of the coronavirus market, it is predicted the industry will bounce back than expected with the increased awareness related to fitness and healthy living among the global population. There is an expected increase in gym memberships post COVID-19, which is supposed to promote demand in the athleisure market. Key market players: The top players featured for the global athleisure market are Puma, Nike, Under Armor, Adidas, Lululemon Athletic, Asics Corporation, Columbia Sportswear Company, Gap Inc., North Face, Phillips-Van Heusen Corporation, and others. About Us: Market Data Forecast is a firm working in market research, business intelligence, and consulting. We have rich research and consulting experience for various business domains to cater to individual and corporate clients’ needs. Contact Us: Market Data Forecast Phone: +1-888-702-9626

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