New York, According to a new market research report published by Global Insight Services “Athleisure Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Athleisure is a term used to describe clothing that is designed to be worn both for exercise and for everyday activities. The term is used to describe a trend that has emerged in recent years, in which people are increasingly wearing sporty clothing such as yoga pants and sneakers as everyday attire. This trend is driven in part by the increasing popularity of fitness and health, as well as the comfort and practicality of athleisure wear.
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Key Trends
The key trends in athleisure are comfort, style and functionality. Athletes and celebrities are often seen wearing athleisure, which has helped to increase its popularity. It is now possible to buy athleisure from a number of high street and online retailers, and it is also being incorporated into the collections of many mainstream fashion brands.
Key Drivers
One of the key drivers of the athleisure market is the increasing health and fitness trend. More and more people are becoming aware of the importance of leading a healthy lifestyle, and they are looking for clothing that will help them to do so. Athleisurewear is often seen as being more comfortable and functional than traditional exercise clothing, making it ideal for those who want to lead an active lifestyle.
Another key driver of the athleisure market is the increasing popularity of social media. Social media platforms such as Instagram and Pinterest have made athleisurewear more visible, and have helped to create a trend for wearing workout clothing in everyday life. Celebrities and influencers who are often seen wearing athleisurewear have also helped to increase its popularity.
Market Segments
By Gender
- Male
- Female
By Product Type
- Sneaker
- Joggers
- Leggings
- Hoodies
Key Players
- Nike
- Adidas
- Puma
- Under Armour
- Lululemon Athletica
- Uniqlo
- Champion
- Old Navy
- H&M
- Forever 21
- Aeropostale
- American Eagle Outfitters
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Reasons to buy Athleisure Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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