Home > Consumer Goods & Services > Apparel, Footwear and Accessories > Workout and Fitness Gear > Activewear Market
Activewear Market was valued at USD 412.6 billion in 2023 and is anticipated to register a CAGR of 5.4% between 2024 and 2032. The growing emphasis on fitness and health throughout the world is one of the main factors behind the vast expansion of the global activewear industry. This expansion is primarily driven by factors including a young population, growing urbanization, and an increase in chronic illnesses. The market for athletic apparel that encourages individuals to stick to their fitness regimens is expanding along with people's growing health consciousness.
As more individuals move to cities, daily activities are becoming less physically taxing. Exercise programs are in high demand owing to a growing younger population that is increasingly inclined toward healthy living. People are prioritizing exercise as they are aware of the health risks such as diabetes and heart disease that come with leading an inactive way of life. Additionally, people are looking for clothes that complement their busy lifestyles as fitness and health become more important to them. In regard to exercising, activewear has several advantages over regular apparel.
Report Attribute | Details |
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Base Year: | 2023 |
Activewear Market Size in 2023: | USD 412.6 Billion |
Forecast Period: | 2024 - 2032 |
Forecast Period 2024 - 2032 CAGR: | 5.4% |
2032 Value Projection: | USD 664.3 Billion |
Historical Data for: | 2021 - 2023 |
No. of Pages: | 100 |
Tables, Charts & Figures: | 57 |
Segments covered: | By Product Type, Usage, Consumer Group, Pricing, Distribution Channel, Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Customers are becoming more concerned with how the fashion industry sources and produces its products. Purchasing environmentally friendly products and ensuring moral production methods throughout the supply chain can be complex and expensive. Customers are on the lookout for greenwashing, which occurs when companies present false information about their environmental initiatives. It is essential to establish trust by being transparent and sincere about adhering to moral principles.