Activewear is a utility clothing for athletes engaged in sports and fitness activities. It helps to enhance the performance of athletes, owing to its various advantages such as enhanced grip, wicking function, and bi-stretchable characteristics
Extensive and unique advantages offered by activewear such as breathability, quick drying, static resistance, thermal resistance, and chemical resistance majorly drive the growth of the global activewear market.
The file offers market sizing and forecast throughout 5 primary currencies – USD, EUR GBP, JPY, and AUD. It helps corporation leaders make higher choices when foreign money change records are available with ease. In this report, the years 2020 and 2021 are regarded as historic years, 2020 as the base year, 2021 as the estimated year, and years from 2021 to 2030 are viewed as the forecast period.
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In addition, rise in health consciousness among consumers and increase in sports & fitness enthusiasm among customers boost the demand for activewear. Moreover, rise in participation of consumers in sports activities fuel the sales of activewear, which positively impacts the market growth.
For instance, increase in participation of customers in walking for fitness is leading to surge in sales of sport shoes and activewear shorts & t-shirts. Moreover, holistic approach of customers towards athleisure wear is positively impacting the overall market growth. Furthermore, increase in fitness and sports consciousness among young generation and upsurge in disposable income are some of the notable factors that support the market growth.
However, volatile cost of raw materials and high cost of designing result in excessive cost of the final product, thereby declining sales of activewear among price-sensitive consumers. Likewise, availability of counterfeit brands causes inconvenience & safety issues for customers, which adversely impact the market growth. On the contrary, growth in number of promotional activities is anticipated to create product & brand awareness, which accelerates the market growth.
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In addition, initiatives by various organizations such as rise in number of activewear-related campaigns and programs are presumed to expand the consumer base. Moreover, development of green textile and its use in formulation of activewear is expected to attract green consumers, which is anticipated to provide lucrative opportunities for the market expansion.
The report segments the global activewear industry on the basis of product, fabric, and region. Based on product, the market is categorized into ready to wear; fashion outer, pants, & t-shirts; rash guard, wet suit, & swim wear; shoes (sports shoes, aqua shoes, and aqua socks); and fashion brand. Based on fabric, it is classified into polyester, nylon, neoprene, polypropylene, spandex, cotton, and others (rayon and modal). Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Major players operating in the activewear market include Adidas AG, Asics Corporation, Columbia Sportswear Company, Dick’s Sporting Goods, Inc., GAP Inc., Nike, Inc., North Face, Inc., Phillips-Van Heusen Corporation, Puma Se, and Under Armour, Inc.
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KEY BENEFITS -The report provides an extensive analysis of the current and emerging market trends and opportunities in the global activewear market. -The report provides detailed qualitative and quantitative analysis of current trends and future estimations that assists in evaluating the prevailing market opportunities. -Comprehensive analysis of factors that drive and restrict the growth of the market is provided. -Extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework. -The report provides extensive qualitative insights on the potential and niche segments or regions exhibiting favorable growth.
Market Segment Analysis: The document provides a primary review of the industry along with definitions, classifications, and enterprise chain shape. Market analysis is furnished for the worldwide markets which include improvement tendencies, aggressive panorama evaluation, and key regions development reputation. Development policies and plans are discussed in addition to manufacturing strategies and fee systems are also analysed. This file additionally states import/export consumption, supply and demand, charge, sales and gross margins.
By Product -Ready to Wear -Fashion Outer, Pants, T-Shirts -Rash Guard, Wet Suit, Swim Wear -Shoes (Sports Shoes, Aqua Shoes, Aqua Socks) -Fashion Brand
By Fabric -Polyester -Nylon -Neoprene -Polypropylene -Spandex -Cotton -Others (Rayon and Lyocell)
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By Geography -North America ?U.S. ?Canada ?Mexico
-Europe ?UK ?Germany ?France ?Spain ?Italy ?Rest of Europe
-Asia-Pacific ?China ?Japan ?India ?Australia ?South Korea ?Rest of Asia-Pacific
-LAMEA ?Brazil ?Saudi Arabia ?South Africa ?Rest of LAMEA
Major Points Covered in TOC:
Market Overview: It consists of six sections, research scope, extensive makers blanketed, marketplace fragments via type, Market place portions by utility, study desires, and years considered.
Market Landscape: Here, the opposition within the Worldwide Market is dissected, by fee, profits, offers, and piece of the pie by means of agency, marketplace fee, cutthroat situations Landscape, and maximum recent patterns, consolidation, improvement, obtaining, and portions of the general industry of pinnacle agencies.
Market Status and Outlook via Region: In this phase, the report examines approximately internet part, deals, earnings, advent, portion of the general industry, CAGR, and marketplace size by means of locale. Here, The Global Market is profoundly tested primarily based on regions and nations like North America, Europe, China, India, Japan, and the MEA.
Application or End User: This segment of the exploration looks at suggests how remarkable cease-consumer/software sections add to the worldwide market.
Market Forecast: Production Side: In this piece of the record, the creators have zeroed in on creation and advent esteem conjecture, key makers gauge, and creation and creation esteem estimate with the aid of type.
Research Findings and Conclusion: This is one of the last segments of the document where the discoveries of the investigators and the end of the exploration study are given.
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Characterize, depict and conjecture 2030, by type, application, end client and district.
Give venture outside climate examination and PESTEL investigation.
Give systems to organization to manage the effect of COVID-19.
Give market dynamic investigation, including market driving variables, market advancement requirements.
Give market passage technique examination to new players or players who are prepared to enter the market, including market section definition, client investigation, circulation model, item informing and situating, and cost system investigation.
Stay aware of global market drifts and give examination of the effect of the COVID-19 plague on significant districts of the world.
Examine the market chances of partners and give market pioneers subtleties of the serious scene.
The report conveys an exhaustive investigation of the relative multitude of portions and offers data with respect to the main districts on the lookout. This report additionally states import/send out utilization, organic market Figures, cost, industry share, strategy, value, income, and gross edges.
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