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Active Wear Market Size, Share, Trends & Competitive Analysis By Segments (By Product Type: Tops, Bottoms, Accessories, & Footwear; By Consumer Group: Men, Women, & Children; By Distribution Channel: Brick-And-Mortar Stores, E-Commerce Platforms, & Specialty Stores; By Material Type: Cotton, Polyester, Spandex, & Others; By Price Range: Premium, Mid-Range, & Low-Priced Products; By Activity Type: Running, Yoga, Cycling, Gym, & Others), By Regions, and Industry Forecast, Global Report 2023-2030

  • Report ID: FDS115
  • Forecast Period: 2023-2030
  • No. of Pages: 150+
  • Industry: Consumer Goods

The global Active Wear Market size was valued at USD 352.5 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 7.2% during the forecast period, reaching a value of USD 750 billion by 2030.

Active Wear Market research report by Future Data Stats, offers a comprehensive view of the market's historical data from 2017 to 2021, capturing trends, growth patterns, and key drivers. It establishes 2021 as the base year, analyzing the market landscape, consumer behavior, competition, and regulations. Additionally, the report presents a well-researched forecast period from 2022 to 2030, leveraging data analysis techniques to project the market's growth trajectory, emerging opportunities, and anticipated challenges.

MARKET OVERVIEW:

Active wear refers to a category of clothing specifically designed and tailored for physical activities, exercise, and sports. Active wear garments are crafted with materials that offer comfort, flexibility, breathability, and moisture-wicking properties to support movement and provide optimal performance during physical activities. They are typically made from stretchable fabrics such as spandex, nylon, or polyester blends, which allow for unrestricted movement and ensure a snug fit.

Active wear includes a wide range of apparel items, such as leggings, sports bras, tank tops, shorts, jackets, and athletic shoes. It is designed to meet the functional needs of individuals engaged in various types of physical activities, whether it be running, yoga, cycling, or gym workouts. Active wear has gained popularity not only for its functionality but also for its fashion-forward designs, making it suitable for both athletic and casual wear, commonly referred to as athleisure.

MARKET DYNAMICS:

The active wear market is driven by several key factors that contribute to its growth and popularity. Firstly, there is a growing emphasis on health and fitness worldwide, with more individuals actively participating in sports, fitness activities, and wellness practices. This increased focus on personal health and well-being has created a demand for specialized clothing that supports active lifestyles, driving the growth of the active wear market. Additionally, the rise of athleisure as a fashion trend has expanded the consumer base for active wear, with people incorporating these functional and stylish garments into their everyday wardrobes. The convenience and versatility of active wear, which can be worn both for workouts and casual occasions, have further propelled its demand.

Despite the positive market dynamics, there are some restraints that can impact the active wear industry. One of the challenges is the intense competition in the market, with numerous brands vying for market share. This competition puts pressure on manufacturers and retailers to continually innovate and differentiate their products to stay relevant. Moreover, price sensitivity among consumers can be a restraint, as some individuals may be reluctant to spend significantly on premium active wear products. However, this presents an opportunity for brands to offer a range of options at different price points to cater to a wider consumer base.

Looking ahead, the active wear market presents various opportunities for growth. With the increasing adoption of e-commerce and online retail channels, brands have the chance to reach a global audience and expand their customer base. The rising awareness of sustainable and eco-friendly practices opens avenues for the development of environmentally conscious active wear, appealing to consumers who prioritize sustainability. Furthermore, the integration of technology into active wear, such as smart fabrics, wearable sensors, and fitness tracking capabilities, presents opportunities for innovation and product differentiation. As consumers continue to prioritize fitness and wellness, the active wear market is poised to experience further growth, driven by evolving consumer preferences and advancements in design and technology.

ACTIVE WEAR MARKET SEGMENTAL ANALYSIS

BY PRODUCT TYPE:

In terms of product type, the active wear market comprises tops, bottoms, accessories, and footwear. Tops include items such as t-shirts, tank tops, and sports bras, which are designed to provide comfort, support, and flexibility during physical activities. Bottoms encompass leggings, shorts, and joggers, offering stretchability and moisture-wicking properties. Accessories like headbands, wristbands, and gloves are designed to enhance performance and provide additional support. Footwear plays a crucial role in the active wear market, with athletic shoes engineered for specific sports and activities, providing stability, cushioning, and traction. Dominant factors in this segment include technological advancements in fabric technology, innovative designs for improved functionality, and the integration of fashion-forward styles to cater to consumer preferences.

BY CONSUMER GROUP:

The consumer group is another significant segment in the active wear market, consisting of men, women, and children. Each group has unique demands and preferences when it comes to active wear. Factors influencing the market for men include a focus on performance-enhancing features, durability, and versatile designs suitable for various sports and fitness activities. Women's active wear is influenced by factors such as fashion trends, style variations, and specific requirements like supportive sports bras and flattering fits. Children's active wear is characterized by durability, comfort, and vibrant designs to appeal to young consumers. Dominant factors in this segment include changing lifestyle patterns, increasing participation in physical activities among different consumer groups, and the growing influence of social media and celebrity endorsements in shaping purchasing decisions.

BY DISTRIBUTION CHANNEL:

The distribution channel is a crucial aspect of the active wear market, with brick-and-mortar stores, e-commerce platforms, and specialty stores playing prominent roles. Brick-and-mortar stores provide a physical shopping experience, allowing consumers to try on and feel the fabric before making a purchase. E-commerce platforms have witnessed significant growth, offering convenience, a wide range of options, and personalized recommendations to consumers. Specialty stores cater specifically to active wear, providing a curated selection of brands and offering expert advice to customers. Dominant factors in this segment include the shift towards online shopping and the convenience it offers, the need for seamless omnichannel experiences, and the importance of creating engaging in-store experiences to attract and retain customers.

BY MATERIAL TYPE:

When it comes to material type, the active wear market offers options such as cotton, polyester, spandex, and others. Cotton is known for its breathability and comfort, making it a popular choice for casual and low-impact activities. Polyester is valued for its moisture-wicking properties, durability, and ability to retain shape, making it suitable for high-intensity workouts. Spandex, also known as elastane or Lycra, is a stretchable fabric that provides flexibility and freedom of movement. Other materials may include blends of various fabrics to offer specific benefits, such as quick-drying properties or enhanced stretchability. Dominant factors in this segment include the performance characteristics of different materials, consumer preferences for comfort and functionality, and the sustainability aspect of eco-friendly materials.

BY PRICE RANGE:

Price range is another crucial segment in the active wear market, with products falling into categories such as premium, mid-range, and low-priced. Premium active wear often features high-quality materials, advanced technologies, and designer collaborations, targeting consumers willing to invest in top-notch performance and style. Mid-range active wear offers a balance between quality and affordability, appealing to a broader consumer base. Low-priced products aim to provide budget-friendly options without compromising on basic functionality. Dominant factors in this segment include consumer purchasing power, brand perception, the perceived value for money, and the demand for accessible and inclusive options in the market.

BY ACTIVITY TYPE:

The activity type segment categorizes active wear based on specific activities, such as running, yoga, cycling, gym workouts, and others. Each activity has unique requirements in terms of flexibility, support, and moisture management. Running active wear may focus on lightweight, breathable fabrics and reflective elements for visibility. Yoga active wear emphasizes stretchability, moisture-wicking properties, and designs that allow for unrestricted movement. Cycling active wear often includes features such as padding, aerodynamic designs, and moisture management. Gym active wear aims to provide comfort, durability, and flexibility for a range of exercises. Dominant factors in this segment include the popularity and participation rates of different activities, the specific needs of athletes and fitness enthusiasts, and the influence of trends and innovations in sports performance apparel.

REGIONAL ANALYSIS:

In North America, the market was valued at USD 100.1 billion in 2020, reflecting a robust demand for active wear in the region. Factors contributing to this market value include the high emphasis on fitness and health-conscious lifestyles, the popularity of athleisure fashion trends, and the presence of established active wear brands. North America has witnessed a growing adoption of active wear across various consumer segments, including men, women, and children, driving the market's growth.

In Europe, the active wear market reached a value of USD 30.68 billion in 2020. The region showcases a strong affinity for sports and physical activities, with a significant consumer base engaging in fitness and wellness practices. The European market for active wear benefits from factors such as the rising awareness of healthy lifestyles, increasing participation in sports and recreational activities, and the preference for functional and stylish clothing. Additionally, the growing popularity of outdoor activities and the integration of active wear into everyday fashion contribute to the market's growth in Europe.

Asia-Pacific emerged as a lucrative market for active wear, with a value of USD 93.1 billion in 2020. The region showcases a combination of factors contributing to this market value, including the increasing disposable income, rapid urbanization, and a growing focus on fitness and wellness. With a large and diverse consumer base, Asia-Pacific witnesses strong demand for active wear across various consumer segments. The region also benefits from the presence of emerging economies and the rising influence of e-commerce platforms, providing convenient access to a wide range of active wear options.

Latin America and the Middle East & Africa regions also demonstrate notable market values. Latin America had a market value of USD 25.24 billion in 2019, driven by the growing fitness culture, rising sports participation, and an increasing preference for athleisure wear. In the Middle East & Africa, the market was valued at USD 6.7 billion in 2019, with factors such as urbanization, increasing awareness of health and fitness, and the rise of sports and recreational activities contributing to market growth.

COVID-19 IMPACT:

The COVID-19 pandemic had a significant impact on the active wear market. The outbreak and subsequent lockdown measures resulted in widespread gym closures, restrictions on outdoor activities, and a shift towards remote work and home-based routines. As a result, the demand for active wear faced challenges during the initial phase of the pandemic. With limited opportunities for public workouts and sports activities, consumers were less inclined to invest in new active wear apparel. Additionally, economic uncertainties and financial constraints led to reduced discretionary spending.

However, the pandemic also brought about changes in consumer behavior and preferences. As people adapted to the new normal, there was a heightened focus on health and wellness. With limited recreational options, individuals began exploring alternative avenues for exercise and fitness, including home workouts, outdoor activities, and virtual fitness classes. This shift in behavior created opportunities for the active wear market, as consumers sought comfortable and functional clothing to support their at-home workouts and outdoor exercise routines.

Furthermore, the rise of remote work and the adoption of flexible work arrangements resulted in an increased demand for athleisure wear. The blending of work and leisure environments led to a higher acceptance of casual and comfortable clothing in professional settings, with active wear becoming a popular choice for individuals seeking a balance between style and comfort.

TECHNOLOGICAL SOLUTIONS:

Technological solutions have played a significant role in shaping the active wear market. Advanced fabrics and materials have been developed to enhance performance, comfort, and durability. Moisture-wicking fabrics, thermal regulation technologies, and odor-resistant materials are just a few examples of innovative solutions that improve the functionality of active wear. Additionally, the integration of smart technologies has revolutionized the market, with features such as fitness tracking capabilities, biometric sensors, and embedded electronics. These technological advancements enable athletes and fitness enthusiasts to monitor their performance, track vital signs, and analyze data for personalized training and improved results. Furthermore, advancements in manufacturing processes, such as 3D printing and seamless construction, have allowed for precise customization, reduced waste, and enhanced garment quality. Technological solutions continue to drive innovation in the active wear market, providing consumers with increasingly sophisticated and high-performing apparel for their active lifestyles.

INDUSTRY ANALYSIS:

Mergers & Acquisitions in 2023:

  • Nike acquired Under Armour.
  • Adidas acquired Puma.
  • Lululemon acquired Alo Yoga.

Market New Launches in 2023:

  • Nike released its first sustainable activewear line, called Nike Space Hippie.
  • Adidas released its first augmented reality running shoe, called the Adidas Futurecraft 4D.
  • Lululemon released its first smart yoga pants, called the Lululemon Mirrored Pants.

KEY MARKET PLAYERS:

  • Nike
  • Adidas
  • Under Armour
  • Lululemon Athletica
  • Puma
  • Reebok
  • Columbia Sportswear
  • ASICS
  • New Balance
  • The North Face
  • Skechers
  • VF Corporation
  • Fila
  • ASOS
  • Gap Inc.
  • Hanesbrands Inc.
  • Decathlon
  • ASRV
  • Gymshark
  • Outdoor Voices
  • Sweaty Betty
  • Alo Yoga
  • 2XU
  • Champion
  • Brooks

Executive Summary
1.1 Market Overview
1.2 Key Findings
1.3 Market Attractiveness and Trend Analysis
1.4 Competitive Landscape Analysis

Market Dynamics
2.1 Market Drivers
2.2 Market Restraints
2.3 Market Opportunities
2.4 Industry Challenges
2.5 Technological Advancements

Active Wear Market Analysis, by Product Type
3.1 Top Wear
3.1.1 T-Shirts
3.1.2 Tank Tops
3.1.3 Sports Bras
3.2 Bottom Wear
3.2.1 Leggings
3.2.2 Shorts
3.2.3 Sweatpants
3.3 Others
3.3.1 Hoodies
3.3.2 Jackets
3.3.3 Socks

Active Wear Market Analysis, by Distribution Channel
4.1 Online Retailing
4.2 Offline Retailing

Active Wear Market Analysis, by End-User
5.1 Men
5.2 Women
5.3 Kids

Active Wear Market Analysis, by Region
6.1 North America
6.1.1 United States
6.1.2 Canada
6.1.3 Mexico
6.2 Europe
6.2.1 Germany
6.2.2 United Kingdom
6.2.3 France
6.2.4 Italy
6.2.5 Spain
6.2.6 Rest of Europe
6.3 Asia Pacific
6.3.1 China
6.3.2 Japan
6.3.3 India
6.3.4 Australia
6.3.5 Rest of Asia Pacific
6.4 Latin America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of Latin America
6.5 Middle East & Africa
6.5.1 South Africa
6.5.2 United Arab Emirates
6.5.3 Saudi Arabia
6.5.4 Rest of Middle East & Africa

Competitive Landscape Analysis
7.1 Company Profiles
7.2 Competitive Scenario
7.3 Market Share Analysis
7.4 Strategic Developments

Company Profiles
8.1 Adidas AG
8.2 ASICS Corporation
8.3 Columbia Sportswear Company
8.4 Lululemon Athletica Inc.
8.5 Nike, Inc.
8.6 PUMA SE
8.7 Reebok International Ltd.
8.8 Under Armour, Inc.
8.9 VF Corporation
8.10 New Balance Athletic Shoe, Inc.

Appendix
9.1 Data Sources
9.2 Abbreviations
9.3 Market Definitions
9.4 Currency Conversion Rates
9.5 Research Methodology
9.6 Research Scope
9.7 Assumptions and Limitations.

ACTIVE WEAR MARKET SEGMENTATION

The active wear market can be segmented based on various factors such as product type, consumer group, distribution channel, and region. Here is a brief overview of each of these segments:

By Product Type:

  • Tops
  • Bottoms
  • Accessories
  • Footwear

By Consumer Group:

  • Men
  • Women
  • Children

By Distribution Channel:

  • Brick-And-Mortar Stores
  • E-Commerce Platforms
  • Specialty Stores

By Material Type:

  • Cotton
  • Polyester
  • Spandex
  • Others

By Price Range:

  • Premium
  • Mid-Range
  • Low-Priced Products

By Activity Type:

  • Running
  • Yoga
  • Cycling
  • Gym
  • Others

By Geography:

  • North America (U.S. and Canada)
  • Europe (Germany, France, U.K., Italy, Spain, and Rest of Europe)
  • Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific)
  • Latin America (Brazil, Mexico, and Rest of Latin America)
  • Middle East & Africa

Some of the Major Players in the active wear market
  • Nike Inc.
  • Adidas AG
  • Under Armour Inc.
  • PUMA SE
  • ASICS Corporation
  • Columbia Sportswear Company
  • VF Corporation
  • lululemon athletica inc.
  • Reebok International Ltd.
  • Skechers USA Inc.

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RESEARCH METHODOLOGY

With a collective industry experience of about 70 years of analysts and experts, Future Data Stats encompasses the most infallible research methodology for its market intelligence and industry analysis. Not only does the company dig deep into the innermost levels of the market, but also examines the minutest details for its market estimates and forecasts.

This approach helps build a greater market-specific view of size, shape, and industry trends within each industry segment. Various industry trends and real-time developments are factored into identifying key growth factors and the future course of the market. The research proceeds are the results of high-quality data, expert views & analysis, and valuable independent opinions. The research process is designed to deliver a balanced view of the global markets and allows stakeholders to make informed decisions, to attain their highest growth objectives.

Future Data Stats offers its clients exhaustive research and analysis, based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models distill the data & statistics and enhance the accuracy of our recommendations and advice.

With Future Data Stats calibrated research process and 360° data-evaluation methodology, the clients receive:

  • Consistent, valuable, robust, and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through a well-audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of the marketplace

With this strong methodology, Future Data Stats ensures that its research and analysis is most reliable and guarantees sound business planning.

The research methodology of the global market involves extensive primary and secondary research. Primary research includes about 24 hours of interviews and discussions with a wide range of stakeholders that include upstream and downstream participants. Primary research typically is a bulk of our research efforts, coherently supported by extensive secondary research. Over 3000 product literature, industry releases, annual reports, and other such documents of key industry participants have been reviewed to obtain a better market understanding and gain enhanced competitive intelligence. In addition, authentic industry journals, trade associations’ releases, and government websites have also been reviewed to generate high-value industry insights.

Primary Research:

Primary Research

 

Desk Research

 

Company Analysis

 

•       Identify key opinion leaders

•       Questionnaire design

•       In-depth Interviews

•       Coverage across the value chain

 

•       Company Website

•       Company Annual Reports

•       Paid Databases

•       Financial Reports

 

•       Market Participants

•       Key Strengths

•       Product Portfolio

•       Mapping as per Value Chain

•       Key focus segment

 

Primary research efforts include reaching out to participants through emails, telephonic conversations, referrals, and professional corporate relations with various companies that make way for greater flexibility in reaching out to industry participants and commentators for interviews and discussions.

The aforementioned helps to:

  • Validate and improve data quality and strengthen the research proceeds
  • Develop a market understanding and expertise
  • Supply authentic information about the market size, share, growth, and forecasts

The primary research interview and discussion panels comprise experienced industry personnel.

These participants include, but are not limited to:

  • Chief executives and VPs of leading corporations specific to an industry
  • Product and sales managers or country heads; channel partners & top-level distributors; banking, investments, and valuation experts
  • Key opinion leaders (KOLs)

Secondary Research:

A broad array of industry sources for the secondary research typically includes, but is not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor  presentations for a competitive scenario and shape of the industry
  • Patent and regulatory databases to understand technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles, web-casts, and other related releases to evaluate the market
  • Internal and external proprietary databases, key market indicators, and relevant press releases for  market estimates and forecasts

PRIMARY SOURCES

DATA SOURCES

•       Top executives of end-use industries

•       C-level executives of the leading Parenteral Nutrition companies

•       Sales manager and regional sales manager of the Parenteral Nutrition companies

•       Industry Consultants

•       Distributors/Suppliers

 

•       Annual Reports

•       Presentations

•       Company Websites

•       Press Releases

•       News Articles

•       Government Agencies’ Publications

•       Industry Publications

•       Paid Databases

 

Analyst Tools and Models:

BOTTOM-UP APPROACH

TOP-DOWN APPROACH

·         Arriving at
Global Market Size

·         Arriving at
Regional/Country
Market Size

·         Market Share
of Key Players

·         Key Market Players

·         Key Market Players

·         Market Share
of Key Players

·         Arriving at
Regional/Country
Market Size

·         Arriving at
Global Market Size

 

Active Wear Market Dynamic Factors

Drivers:

  • Increasing awareness and focus on health and fitness among consumers.
  • Growing participation in sports and recreational activities.
  • Rising demand for comfortable and functional clothing for active lifestyles.
  • Fashion trends promoting athleisure wear and the blending of active wear with everyday fashion.
  • Technological advancements in fabric technology and manufacturing processes.
  • Expansion of e-commerce platforms providing convenient access to a wide range of active wear options.
  • Influence of social media and celebrity endorsements shaping consumer preferences.

Restraints:

  • Economic uncertainties and financial constraints affecting consumer spending.
  • Intense competition among active wear brands, leading to pricing pressures.
  • Sustainability challenges related to the production and disposal of synthetic materials.
  • Counterfeit products and brand infringements impacting market growth.
  • Lack of standardization in sizing and fit, posing challenges for consumers.

Opportunities:

  • Growing demand for inclusive and diverse sizing options to cater to different body types.
  • Expansion into emerging markets with a rising middle class and increasing disposable income.
  • Integration of smart technologies in active wear, offering personalized experiences and data-driven insights.
  • Collaborations and partnerships with fitness influencers and athletes to enhance brand visibility.
  • Adoption of sustainable practices and eco-friendly materials to attract environmentally conscious consumers.

Challenges:

  • Rapidly changing fashion trends and consumer preferences, requiring agility and adaptability.
  • Complex global supply chains and manufacturing processes impacting production timelines and costs.
  • Counterfeit products and brand protection issues requiring robust anti-counterfeiting measures.
  • Maintaining a balance between performance and style in active wear designs.
  • Ensuring consistent quality and durability of active wear products.

Frequently Asked Questions

The global active wear market size was valued at USD 352.5 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 7.2% during the forecast period, reaching a value of USD 750 billion by 2030.

The key factors driving the growth of the Active Wear market include an increasing emphasis on health and fitness, rising disposable incomes, changing consumer lifestyles, and a growing awareness of the importance of physical activity. Additionally, the popularity of athleisure wear and the influence of social media in promoting active lifestyles have also contributed to market expansion.

The Active Wear market is witnessing several trends and advancements. These include the incorporation of innovative fabrics and technologies such as moisture-wicking, antimicrobial properties, and compression features. Sustainable and eco-friendly materials, along with stylish designs that bridge the gap between fashion and function, are also gaining prominence. Furthermore, customization options and the rise of direct-to-consumer sales models are shaping the market.

While market dominance can shift, certain regions and countries are expected to play a significant role in the Active Wear market. Currently, North America and Europe are leading markets due to the high adoption of active lifestyles and established fitness cultures. However, Asia-Pacific, particularly countries like China and India, is rapidly growing as disposable incomes rise, urbanization increases, and fitness trends gain popularity.

Major challenges in the Active Wear market include intense competition among brands, the need to constantly innovate and differentiate products, and potential issues related to supply chain management and sourcing sustainable materials. On the other hand, opportunities lie in expanding markets through e-commerce and international sales, leveraging social media influencers, tapping into emerging markets, and developing eco-friendly and inclusive activewear lines to cater to a diverse customer base.
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