NEW YORK, Nov. 8, 2023 /PRNewswire/ — The activewear apparel market is estimated to grow by USD 235.83 million from 2022 to 2027, growing at a CAGR of 11.43%. The activewear apparel market is fragmented owing to the presence of many global and regional companies. A few prominent companies that offer activewear apparel market are adidas AG, Augusta Sportswear Inc., Columbia Sportswear Co., DICKS Sporting Goods Inc., Fashion Nova LLC, Gildan Activewear Inc., Girlfriend Collective LLC, Good American LLC, Groupe Artemis, Iconix International, Lefty Production Co., Nike Inc., PVH Corp., Superfit Hero LLC, TechStyle Fashion Group, Under Armour Inc., Universal Standard Inc., VF Corp., ASICS Corp., and Hanesbrands Inc. The report provides a full list of key companies, their strategies, and the latest developments. Download Sample before buying
Technavio has announced its latest market research report titled Global Activewear Apparel Market 2023-2027
Company Offering:
Adidas AG: The company offers activewear apparel such as fast graphic tee, runner tee and adizero marathon jacket.
Augusta Sportswear Inc: The company offers activewear apparel such as colour block bra and Asics logo bra.
DICKS Sporting Goods Inc: The company offers activewear apparel such as Columbia womens firewood core pant and Columbia womens w titan pass pants
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By Geography, the market is classified as North America, Europe, APAC, South America, and Middle East and Africa. North America will have the largest share of the market.
North America is estimated to account for 35% of the growth of the global market during the forecast period. One of the main factors that are significantly contributing to the growth of the market is the increasing preference for a healthy lifestyle. In addition, there is a strong presence of the fitness industry in North America which is fuelling the market growth in the region.
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Impactful driver- Growing awareness about healthy lifestyles
Key Trend – Customization of activewear apparel
Major Challenges – Changes in trade policies
Market Segmentation
The market share growth of the women segment is significant during the forecast period. One of the main factors that is significantly contributing to the growth of this segment is the growing demand for trendy and fashionable activewear apparel. Furthermore, the rising participation of women in sports and fitness is further fuelling the growth of this segment. Therefore, factors such as the rise in the spending power of women and the increasing number of women joining the workforce are expected to fuel the growth of this segment which, in turn, will drive the market growth.
Technavio Research experts have provided more insights on the market share of segments – View Sample Report
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Activewear Apparel Market Scope |
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Report Coverage |
Details |
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Historic period |
2017-2021 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 11.43% |
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YoY growth 2022-2023 (%) |
10.99 |
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Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
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Key countries |
US, Canada, China, Germany, and Italy |
TOC:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Company Landscape
12 Company Analysis
13 Appendix
About US
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact US:
Technavio Research
Jesse Maida
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Email: [email protected]
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SOURCE Technavio
