The global hoodies and sweatshirts market is anticipated to grow at a CAGR of 5.5% during the forecast period. Primary factor supporting to the market growth includes the growing demand for athleisure wear across the globe. The popularity of the athleisure trend, that encourages the combination of sports and casual clothing, immensely impacted the demand for sweatshirts and hoodies globally. The clothes in this category are comfortable and appropriate for both training and regular usage, rendering them perfect for individuals who are seeking an appropriate balance between style and effectiveness. Additionally, when comparing the categories of athleisure wear, such as top wear, bottom wear, and outerwear, it was found that during the pandemic, demand and spending for bottom wear, such as joggers, sweatpants, leggings, and shorts, has been increased significantly.

Hence, owing to such rising demand and use, there is significant increase in the launch of new athleisure wear products along with the establishment of new athleisure brands across the globe. For instance, in August 2022, ONLY, a European fashion brand entered into the athleisure segment with the launch of a new category called ‘ONLY PLAY’. Further, in September 2021, Flipkart in collaboration with Puma Inc. launched an affordable range of athleisure clothing. Apart from this, in January 2023, Bollywood celebrity Akshay kumar launched its own athleisure brand named Force IX.

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Market Coverage

The market number available for – 2022-2030
Base year- 2022
Forecast period- 2023-2030

Segment Covered- 

By Material Type
By Distribution Channel

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape- includes Gap Inc., Hanesbrands Inc., Levi Strauss & Co., Lululemon Athletica Inc., and New Balance Athletics, Inc., among others

Hoodies and Sweatshirts Market Report Segment

By Material Type

Cotton
Wool
Leather
Fleece

By Distribution Channel

Hypermarkets and Supermarkets
Convenience Stores
Specialist Retailers
Clothing retail stores
Online retail

A full Report of Hoodies and Sweatshirts Market is Available @  https://www.omrglobal.com/industry-reports/hoodies-and-sweatshirts-market

 Hoodies and Sweatshirts Market Report Segment by Region

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa

Company Profiles

Abercrombie & Fitch Stores, Inc.
Adidas India Marketing Pvt. Ltd.
Amer Sports Corp.
Columbia Sportswear Co.
F21 Ipco, LLC
Gap Inc
Hanesbrands Inc.
Levi Strauss & Co.
Lululemon Athletica Inc.
New Balance Athletics, Inc.
Patagonia, Inc.
Pvh Corp.
Ralph Lauren Media LLC
Redbubble Inc.
Under Armour Inc.
Uniqlo Co. Ltd.

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