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Health Boom Ahead: Market Surges at 6.50% CAGR (2023-2032) Amid Rising Health Consciousness

Market Research Future (MRFR) has published a cooked research report on the "Global Activewear Market" that contains information from 2018 to 2032. The Activewear market is estimated to register a CAGR of 6.50% during the forecast period of 2023 to 2032.


MRFR recognizes the following companies as the key players in the global Activewear market— Skechers USA, Inc., Puma SE, Adidas AG, Nike, Inc., ASICS Corporation, The Gap, Inc., V.F. Corporation, IuIuIemon atheletica Inc., Under Armour, Inc., Columbia Sportswear Company, PVH Corp., DICKS Sporting Goods, Inc.


Activewear Market Highlights


The global Activewear market is accounted to register a CAGR of 6.50% during the forecast period. It is estimated to reach USD 755.79 billion by 2032.


The unique and extensive advantages and rising health consciousness drive the activewear market growth. The excessive cost of designing and the instable cost of raw materials are anticipated to restrain the market growth. Additionally, increasing female consumers towards activewear due to staying fit is anticipated to promote the growth of the global Activewear market.  


Segment Analysis


The global Activewear market has been segmented based on product type, fabric, gender, and distribution channel.


On the basis of product type, the market is segmented into ready-to-wear, fashion outer, pants and T-shirts, rash guard, wet suits and swimwear, sports shoes, aqua shoes, aqua socks, and fashion brands. The fashion outer, pants, and T-shirts segment was attributed to holding the largest market share in 2022 due to rising consumer health awareness.


Based on fabric, the global Activewear market has been segmented into polyester, neoprene, polypropylene, spandex, cotton, and others. The polyester segment was expected to hold the largest market share in 2022 due to its excellent moisture-wicking properties.


Based on gender, the global Activewear market has been segmented into men, women, and kids. The women's segment was expected to generate the maximum market share in 2022 due to the rising popularity of modern and stylish sportswear among women.


Based on distribution channels, the global Activewear market has been segmented into offline and online. The offline segment was expected to generate the maximum market share in 2022 due to a variety of prices being more available than online.


Regional Analysis


The global Activewear market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of the U.S. and Canada. The European activewear market comprises Germany, France, the U.K., Italy, Spain, and the rest of Europe. The Activewear market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World's Activewear market comprises the Middle East, Africa, and Latin America.


The largest market share for Activewear was maintained by the North American regional sector. This increase is attributed to an increase in the number of trendy activewear. Additional factors promoting the market growth include the increased popularity of basketball and soccer. The growing trend of using activewear due to rising health consciousness impacts the U.S. market.


Moreover, the European market has been persistently growing over the forecast period. The demand for Activewear is driven by rising demand and involvement in fashionable outer T-shirts.


Additionally, due to the increasing emphasis placed on rising demand for trendy and smart gyms and sportswear, Asia Pacific is anticipated to experience the quickest growth over the forecast period.


Furthermore, the rest of the world's Activewear market is divided into the Middle East, Africa, and Latin America. This growth is attributed to the region's rising demand for trendy sportswear for the population.


Key Findings of the Study



  • The global Activewear market is expected to reach USD 324.7 billion by 2032, at a CAGR of 6.50% during the forecast period.

  • The Asia-Pacific region accounted for the fastest-growing global market due to the increasing demand for trendy sportswear among youth and millennials.

  • Based on fabric, the polyester segment was attributed to holding the largest market in 2022, with an approximate market share of X–X%.

  • Skechers USA, Inc., Puma S.E., Adidas AG, Nike, Inc., ASICS Corporation, The Gap, Inc., V.F.Corporation, IuIuIemonathketica Inc., Under Armour, Inc., Columbia Sportswear Company, PVH Corp., DICKS Sporting Goods, Inc.

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Report details
Companies Covered 15
Pages 128
Certified Global Research Member
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