Athleisure Market Forecast, 2023-2028


Posted March 23, 2023 by sandycool

The athleisure market was valued at $310.2 billion in 2022 at a CAGR of 8.9% over the forecast period from 2023-2028

 
The athleisure market was valued at $310.2 billion in 2022 at a CAGR of 8.9% over the forecast period from 2023-2028

Athleisure refers to a fashion trend characterized by athletic clothing that is both comfortable and aesthetically appealing. This athleisure grew out of the dynamic use of the yoga pant. Although yoga pants were designed for the gym, their comfort and simple look led women to start wearing them in casual and formal settings. Athleisure is at the crossroads of activewear and traditional Sportswear, which was initially intended as daytime or leisurewear but was eventually adapted for more formal situations. Activewear clothing is more versatile and stylish, as well as functional and comfortable. Athleisure is athletic apparel that people can wear in non-athletic settings.

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Drivers:

The main factors that have considerably increased the demand for the athleisure market. The increasing number of gyms & fitness centres and the rapidly evolving fashion trends among consumers are driving the market’s revenue. The increasing disposable incomes, technical innovations, and growing product awareness drive market growth. The rising self-care among millennials drives the market growth. The growing demand for comfortable and fashionable clothes is the major factor driving the market growth. The increase in focus on wellness and health contributes to driving the market growth.

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Restraints:

The stiff competition among players in terms of designs, quality, prices, and supply chain is the major factor to restraint market growth.

Segmentation Analysis:

Athleisure Market – By Product:

Sneakers
Joggers
Leggings
Hoodies
Others.
Athleisure Market – By Distribution Channel:

Online
Offline channels
Athleisure Market – By Type:

Mass
Premium
Athleisure Market – By End-User:

Men
Women
Children
Regional Analysis:

North America
Europe
Asia Pacific
Latin America
Middle east and Africa
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Categories Business , Marketing
Tags athleisure market trends , athleisure market values , athleisure market growth
Last Updated March 23, 2023