Global Sustainable Athleisure Market to Grow at 10.08% During 2024-2032, Bolstered by the Growing Consumer Participation in Sports

December 15, 2022 | Retail

The latest report by IMARC Group, titled “Sustainable Athleisure Market Report by Type (Mass, Premium), Product (Shirts, Yoga Pants, Leggings, Shorts, and Others), Gender (Men, Women), Distribution Channel (Offline, Online), and Region 2024-2032,” finds that the global sustainable athleisure market is expected to exhibit a CAGR of 10.08% during the forecast period (2024-2032). Sustainable athleisure refers to casual clothing designed to be worn for exercising and general use that is produced using environment-friendly components and processes. They are manufactured using renewable, biodegradable, low-impact textiles with natural fibers like hemp, merino wool, Tencel, bamboo, cotton, and recycled synthetics. Some commonly used sustainable athleisure are outerwear, wet suits, leggings, shorts, t-shirts, fashion pants, ready-to-wear apparel, rash guards, hoodies, accessories, shoes, socks, fleeces, and sweaters. They ensure proper fitting and comfort levels, provide high quality, enhance breathability, and offer static chemical and thermal resistance. Owing to these benefits, sustainable athleisure clothing is extensively used for athletic activities, such as exercise, sports, and swimming, across the globe.

Global Sustainable Athleisure Market Trends:

The market is primarily driven by the growing consumer participation in sports and recreational activities. In addition, the significant expansion of the fashion and apparel industries and the increasing inclination toward comfortable fashion clothing, wellness, and fitness activities are contributing to the market growth. Moreover, the increasing workforce participation, the growing number of recreational centers and fitness clubs in the workplace, and the popularity of work-from-home (WFH) setup are accelerating the demand for comfortable and semi-formal clothes. Besides this, numerous product innovations, including the development of activewear using recycled materials like neoprene, polypropylene, nylon, polyester, rayon, and spandex, represent another major growth-inducing factor. Along with this, leading players are introducing new products with durable and high-quality materials used for cycling, running, yoga, mountain climbing, skiing, sailing, and snowboarding which is providing a thrust to the market growth. Furthermore, rapid urbanization, increasing health awareness, rising disposable incomes, and increasing research and development (R&D) activities conducted by key players are creating a positive market outlook.

Market Summary:

Based on the type, the market has been bifurcated into mass and premium.
On the basis of the product, the market has been segregated into shirts, yoga pants, leggings, shorts, and others.
Based on gender, the market has been divided into men and women.
On the basis of the distribution channel, the market has been segmented into offline and online channels.
Region-wise, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
The competitive landscape of the industry has also been examined in the report, with some of the key players being Adidas AG, Eileen Fisher Inc., Hanesbrands Inc., Outerknown LLC, Wear Pact LLC, Pangaia Materials Science Limited, Patagonia Inc., Under Armour Inc. and Vuori Inc.

Report Scope:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Billion
Segment Coverage	Type, Product, Gender, Distribution Channel, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	Adidas AG, Eileen Fisher Inc., Hanesbrands Inc., Outerknown LLC, Wear Pact LLC, Pangaia Materials Science Limited, Patagonia Inc., Under Armour Inc. and Vuori Inc.
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 3899 Five User License: US$ 4899 Corporate License: US$ 5899
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Sustainable Athleisure Market to Grow at 10.08% During 2024-2032, Bolstered by the Growing Consumer Participation in Sports

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