Global Active Wear Market was valued at USD 353,530 Million in the year 2018. Active Wear Market is further estimated to grow at a CAGR of 6.5% from 2019 to reach USD 515,850 Billion by the year 2025.
North America region holds the highest market share in 2018 and the Asia Pacific is considered as the fastest growing market in the forecasted period. At a country level, China is projected to grow strongly in the coming years.
Adidas AG (Germany), ASICS America Corporation (USA), Columbia Sportswear Company (US), DICKS?S Sporting Goods (US) are some of the key players in the Active Wear Market Report. Rising research and development expenses to cater to the changing demand of end users. Similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.
Rising health consciousness and growing adoption of healthy lifestyle
Volatile cost of raw materials and inflated cost of designing.
Availability of counterfeit products at large scale.
The rise of E commerce industry and easy availability of activewear products
Product innovation and Shift in the trend towards athleisure wear
Intense competition has developed among the producers.
The high cost of products.
The activewear market report is segmented into two parts ?By Product type and Fabric. In the product segment, the fashion outer segment contributes to the highest market share.
In fabric, the Polyester segment has the highest share in the market as a result of advantages like high flexibility, quick drying, and easy wash. Among all, it is expected that the polyester segment will be growing at a moderate CAGR of xx % in the assessment period.
Key Benefits for Stakeholders
Activewear Manufacturers, Distributors, and Retailers
Textile industries and associations
Research and Consulting organization
Government agencies & authorities.
By Product Type
Ready to wear
Fashion outer, pants and t shirts
Rash guard, wetsuit, and swimwear
Shoes (Sports shoes, Aqua shoes, and Aqua socks)
Others (Rayon and Lyocell)
Key Market Players
ASICS America Corporation
Columbia Sportswear Company
DICK?S Sporting Goods
THE NORTH FACE, A VF COMPANY
Under Armour, Inc.
(A brief overview of 10 companies is also provided)
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