The global sustainable athleisure market grew at a CAGR of around 5% during 2015-2020. Sustainable athleisure refers to a form of hybrid clothing manufactured using environment-friendly components and processes. They use natural fibers, such as cotton, hemp, merino wool, bamboo and recycled synthetics through chemical-free and environment friendly production methods. They are used for manufacturing ready-to-wear apparel, fashion pants, t-shirts, leggings, shorts, outerwear, rash guards, wet suits, hoodies, fleeces, sweaters, socks, shoes and accessories. These can be worn for athletic activities, including sports, exercise and swimming, at the workplace and other casual settings for enhanced comfort. They also offer enhanced breathability, quick-drying facilities and static, thermal and chemical resistance.
Significant growth in the fashion and apparel industries across the globe represents one of the key factors creating a positive outlook for the market. Furthermore, increasing consumer participation in sports and recreational activities is also driving the market growth. With the increasing health consciousness and preference for personal grooming among the masses, especially millennials, consumers are adopting highly functional and sustainable apparel. In line with this, rising workforce participation and the advent of work-from-home (WFH) setup has also escalated the demand for comfortable and semi-formal clothes. Additionally, various product innovations, such as the development of activewear using recycled materials, including polyester, nylon, neoprene, polypropylene, spandex and rayon, are acting as other growth-inducing factors. Product manufacturers are also using 3D virtualization and body scanning tools to accurately gauge the correct body type, fit and fabric as per the consumer’s requirement. Other factors, including rapid urbanization, along with rising expenditure capacities of the masses, are anticipated to drive the market further. Looking forward, IMARC Group expects the global sustainable athleisure market to exhibit moderate growth during the next five years.
IMARC Group provides an analysis of the key trends in each sub-segment of the global sustainable athleisure market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, type, product, gender and distribution channel.
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The competitive landscape of the industry has also been examined along with the profiles of the key players being Adidas AG, Eileen Fisher, Hanesbrands Inc., Outerknown LLC, Wear Pact LLC., Pangaia Materials Science Limited, Patagonia Inc., Under Armour Inc. and Vuori Inc.
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