Athleisure Market

1. THE ATHLEISURE MARKET was valued 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 forecast period from 2022 to 2027. Athleisure is a fashion trend of wearing casual and comfortable clothing that can be worn for both exercise and normal day wear. Leggings, hoodies, denim jackets, canvas sneakers, and cotton caps are some examples of athletics. Athleisure entered the fashion industry to innovate something new on the market. The growing popularity of fitness has led many sports brands to improvise clothing for athletic performance, as well as for a leisure lifestyle. Giant sports brands have started to become sportswear brands. According to Business Insider, in 2017, growth in the retail sector was stable as athletics sales increased 12%. To know more read: https://www.marketdataforecast.com/market-reports/athleisure-market Market Drivers and Restraints: Fashion sports products have seen an increase in demand, due to an increase in the adoption of clothing by women. Also, the evolution of women's participation in physical activity is one of the main factors driving the demand for sports recreation products. An increase in the number of female fitness models, athletes and others has developed a holistic consumer approach to sport and fitness. In addition, the current trend towards healthy aging has been growing in popularity among the geriatric population. The need for performance-enhancing fitness products is expected to increase among the geriatric population, due to the increased health and fitness associated with aging. This factor increases athletic demand among older consumers, due to the performance-enhancing characteristics of active wear, such as better grip, wick, and backing. Therefore, an increase in customer participation triggers the demand for sports products. Ask for a sample report @ https://www.marketdataforecast.com/market-reports/athleisure- market/request-sample Report is segmented as: By Product Type •Sneaker •Joggers •Leggings •Hoodies •Others Among these subsegments, the apparel segment represents a higher value in the market share. Sportswear is gaining popularity among its target customers, which is mainly due to its aesthetic

2. 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. By Gender •Male •Female Among these, the male segment represents a higher value share. When it comes to clothing, men are looking for clothing that is comfortable for them and at the same time beautiful as a whole. Athleisure product offerings and features meet these requirements. By Distribution Channel •Online •Offline Geographical segmentation: •North America •Europe •Asia Pacific •Latin America •Middle east and Africa Key market players: The global market is moderately fragmented in nature owing to presence of a large number of strong foreign players including Lululemon Athletica, Inc.; Adidas AG; TPUMA SE; Nike, Inc.; and Under Armour, Inc. Moreover, new entrants and domestic manufacturers including TEREZ and Esprit Retail B.V. & Co. KG are capturing a significant share of market at competitive pricing. About Us: Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. For more information: Tel: +1-888-702-9626 Website: https://www.marketdataforecast.com/