30 Jan 2019 – The global Activewear Market is expected to grow at an exponential CAGR in the years to come. Activewear is a type of clothing that is extensively worn while carrying out workout sessions as well as while playing some kind of sport. It offers comfort and flexibility while performing physical movements. The health consciousness among the population is rising continuously and people have started engaging themselves in various fitness activities ranging from aerobics, swimming, running, to yoga.
In addition, there has been a robust upsurge in the participation of women in the sports and fitness activities. That is, in turn, acting as major boosters to the market growth. The manufacturers are laying more emphasis on building up more retail and company owned stores and introducing novel colors and styles of the product so that the sale and production level can be raised. The product is gaining huge recognition across the globe due to its rising comfort and usefulness and wearing and using them even now makes a fashion statement.
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The prominent factors that are responsible for the market growth may include mounting investments by the leading manufacturers, increasing industrialization, urbanization, augmented awareness among the end users, augmented demands across various sectors, increasing preferences towards trendy Activewear, increasing standard of living, rising involvement of people in sports activities, and augmentation in the health consciousness.
Global Activewear Market is segmented on the basis of type as Fitness Clothing, Sports Apparel and others. It has been anticipated that the Activewear industry will experience a robust growth in the forthcoming years. Activewear Market is segmented on the basis of end user as Children, Men, and Women.
Active wear Market is segmented by mode of sale as Online Stores, Retail Stores, Supermarkets, Brand outlets, Discount stores, and others. Among all the segments, the Retail Stores segment is taking up the largest share in the market. On the other hand, it is likely that the Online Stores segment will take over the market soon as the internet recognition is rising at a robust rate and products are being offered at a discounted rate. Activewear Market is segmented based on geography as North America, Southeast Asia, China, Europe, Japan, and India.
Among all the geographical regions, it has been noticed that Asia Pacific is leading the market and it is simultaneously registering for the largest share in the market, the reason being rise in the disposable income, enhancement in the standard of living, emerging nations, and rise in the investments by the leading manufacturers. Countries including China and India are recognized as the major contributors to the market growth. On the other hand, the only factor that is hampering the market growth may include availability of poor quality and counterfeit products in the market.
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In contrast, it is likely that North America and Europe will come up as one of the promising regions owing to coming up of various leading companies and developing opportunities in these regions. The key players operating in the Activewear Market are recognized as Skechers U.S.A., Inc., Under Armour, Inc., Adidas AG, ASICS Corporation, Nike, Inc., North Face, Inc., Phillips-Van Heusen Corporation, Puma SE, Dick’s Sporting Goods, Inc., and Columbia Sportswear Company.
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
- Others (Rayon and Lyocell)
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
- Ready to Wear
- Fashion Outer, Pants, & T-Shirts
- Rash Guard, Wet Suit, & Swim Wear
- Shoes (Sports Shoes, Aqua Shoes, & Aqua Socks)
- Fashion Brand
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