DUBLIN--(BUSINESS WIRE)--The "Activewear Market by Product ; and Fashion Brand) and Fabric - Global Opportunity Analysis and Industry Forecast, 2017-2024" report has been added to ResearchAndMarkets.com's offering.
The global activewear market was valued at $ 351,164 million in 2017, and is expected to reach $ 546,802 million by 2024, registering a CAGR of 6.5% from 2018 to 2024.
Activewear is a utility clothing, which boosts the physical performance and eases body movements, as it enhances comfort while engaging in fitness and sports activities.
The extensive advantages offered by activewear such as water resistance, bi-stretchable function, anti-bacterial fabric, wicking function, and others and surge in participation of consumers in physical and fitness activities act as key demand driving factors of the global market. Moreover, female consumer base for activewear is increasing, owing to holistic approach of female customers towards sports and fitness. Likewise, increase in adoption of athleisure wear as work or street wear propels the growth of the overall market.
The fashion outer segment is expected to dominate the activewear market during the forecast period, owing to increase in adoption of athleisure wear as casual clothing and rise in sports participation. However, shoes segment is expected to gain significant attention of athletes and customers engaged in sports and fitness activities.
Polyester segment dominates the activewear market in terms of value. Consumer preference for activewear formulated by using polyester fabric is increasing, owing to its advantages such as high flexibility; quick drying & easy wash; and resistance to shrinkage, wrinkles, abrasion, & most chemicals.
Companies Mentioned:
- Adidas AG
- Asics Corporation
- Columbia Sportswear Company
- Dick's Sporting Goods, Inc.
- Gap Inc.
- Nike, Inc.
- North Face, Inc.
- Phillips-Van Heusen Corporation
- Puma Se
- Under Armour, Inc.
Key Topics Covered:
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Activewear Market, By Product
Chapter 5: Activewear Market, By Fabric
Chapter 6: Activewear Market, By Region
Chapter 7: Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/6hc8kh/global_activewear?w=4