Athleisure Market is predicted to reach USD 833,199.16 million at a CAGR of 10.33% during the forecast period

Athleisure Market is predicted to reach USD 833,199.16 million at a CAGR of 10.33% during the forecast period

Market Research Future (MRFR) has published a cooked research report on the “Global Athleisure Market” that contains information from 2018 to 2030. The Athleisure market is estimated to register a CAGR of 10.33% during the forecast period of 2023 to 2030.


MRFR recognizes the following companies as the key players in the global Athleisure market— Under Armour Inc. (US), Lululemon Athletica (Canada), Adidas AG (Germany), Hennes & Mauritz AB (Sweden), Nike Inc. (US), Puma SE (Germany), Eysom (US), Outdoor Voices (US), Ten Thousand Inc. (US), and Isaora (US).


Market Highlights


The global Athleisure market is accounted to register a CAGR of 10.33% during the forecast period and is estimated to reach USD 833,199.16 million by 2030.


The athleisure market refers to the fashion trend where athletic and leisurewear styles are blended to create comfortable, functional clothing suitable for both active pursuits and casual settings. This market offers a range of sporty yet stylish garments, such as leggings, hoodies, and sneakers, catering to consumers seeking versatile and fashionable outfits that seamlessly transition between workouts and everyday life. The trend's popularity is driven by a focus on health, comfort, and a more relaxed approach to dressing.


Segment Analysis


The global Athleisure market has been segmented based on Product Type, End User and Distribution Channel.


On the basis of Product Type, the market is segmented into leggings, tights & joggers, hoodies & sweatshirts, sneakers, shorts, sports jackets, sports bras, yoga pants, and others. With over 40% of the athleisure market's sales coming from this sector, leggings, tights, and joggers had the majority of market share in 2021. Leggings are essential for athleisure wear since they are adaptable and may be worn as both activewear and casual attire.


Based on End User, the global Athleisure market has been segmented into men, women, and unisex. The women segment dominated the market in 2021 and is anticipated to increase at the fastest rate from 2022 to 2030.


Based on Distribution Channel, the global Athleisure market has been segmented into store-based and non-store-based. In 2021, the store-based category dominated the market, and it is anticipated that during the forecast period, 2022–2030, it will grow more quickly than any other segment. The fashion business is undergoing seismic changes due to developments in digital technology, rising ization, and changes in customer purchasing habits


Regional Analysis


The global Athleisure market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Athleisure market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Athleisure market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Athleisure market comprises of Middle East, Africa, and Latin America.


The North America Athleisure Market dominated this market in 2022. It is projected to reach USD 168,113.89 million in 2021 and to grow at a substantial CAGR throughout the research period. The growing interest in different athletic events is one of the major factors boosting the market's growth over the forecast period.


Additionally, The second-largest market share for athleisure is in Europe. As consumer awareness of health and fitness rises in Europe, so do sales of sports apparel and equipment. Athleisure is growing in popularity in Europe as a result of the general societal trend towards a healthier and more active lifestyle among all age groups and the increased popularity of sportswear worn as casualwear. Additionally, the UK athleisure market had the quickest rate of growth in the European region, while the Germany athleisure market had the largest market share.


Moreover, From 2022 to 2030, the Asia-Pacific Athleisure Market is anticipated to experience the quickest CAGR growth. It is brought on by an increase in the number of millennials living in emerging economies, increased urbanisation, and rising per capita disposable incomes. In addition, the India athleisure market had the quickest rate of growth in the Asia-Pacific region, while China's athleisure market had the largest market share.


Key Findings of the Study



  • The global Athleisure market is expected to reach USD 833,199.16 million by 2030, at a CAGR of 10.33% during the forecast period.

  • The North America Athleisure Market dominated this market in 2022. It is projected to reach USD 168,113.89 million in 2021 and to grow at a substantial CAGR throughout the research period.

  • Based on End User, The women segment dominated the market in 2021 and is anticipated to increase at the fastest rate from 2022 to 2030.

  • Under Armour Inc. (US), Lululemon Athletica (Canada), Adidas AG (Germany), Hennes & Mauritz AB (Sweden), Nike Inc. (US), Puma SE (Germany), Eysom (US), Outdoor Voices (US), Ten Thousand Inc. (US), and Isaora (US).

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