Report ID: SQMIG25K2071
Report ID:
SQMIG25K2071 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
119 |
Figures:
77
Athleisure Market size was valued at USD 288.84 billion in 2019 and is poised to grow from USD 312.52 billion in 2023 to USD 587.09 billion by 2031, growing at a CAGR of 8.2% in the forecast period (2024-2031).
Yoga pants, sneakers, tights, leggings, and shorts that appear to be designed for exercise are examples of athleisure attire. Because it is a comfortable pastime, athleisure has become more popular as a substitute for casual attire. Thanks to advancements achieved by sports apparel producers, athletic wear is now more breathable, waterproof, and lightweight. It is true that athleisure has a hybrid character that makes it acceptable in society as both active wear and everyday apparel. Better textile materials have made it feasible for sportswear to expand in diversity and become more fashionable, setting off a trend in the fashion industry.
The desire to live an active lifestyle and appear fit, as well as improve health and self-consciousness, is inspiring customers to incorporate sports and fitness activities into their daily routines. A change in market dynamics brought about by this rising participation has led to a rise in demand for athleisure products. Customers have shown an interest in and have been seen to be prepared to pay extra for sports apparel that has better attributes like moisture management, temperature regulation, and other performance-enhancing aspects that avoid pain and potential injury.
These enhanced qualities have consequently altered consumers' preferences for sporting apparel when they are athleisure. The supply and manufacturing sides of athleisure are significantly impacted by lockdown rules, which restrain market growth. These restrictions led to the temporary shutdown of gyms and other sports and fitness centers during the COVID-19 outbreak. The market is expected to grow during the forecast time due to the region's rising participation of working women in domestic sports and physical activities. The Athleisure Market is one of many global industries that have suffered because of COVID-19.
US Athleisure Market is poised to grow at a sustainable CAGR for the next forecast year.
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REQUEST FREE CUSTOMIZATIONAthleisure Market size was valued at USD 288.84 billion in 2019 and is poised to grow from USD 312.52 billion in 2023 to USD 587.09 billion by 2031, growing at a CAGR of 8.2% in the forecast period (2024-2031).
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Report ID: SQMIG25K2071