“Global Athleisure Market: Growth, Outlook, and Competitive Analysis, 2018 – 2030” is the most recent market study released by Credence Research, Inc. The global Athleisure market had revenue of about USD 309.1 billion in 2022, and it is predicted that it will increase at a CAGR of more than 9.20% from 2018 to 2030, reaching about USD 572.3 billion.
Market Overview
As the millennial generation becomes more physically fit and self-contained, the Global Athleisure Market is expected to grow significantly during the forecasted period. A global clothing cultural shift is expected to boost the market during this period. In the years to come, the country’s young population is expected to become increasingly interested in sports and outdoor extracurricular activities, stimulating demand for athleisure gear. Increasing awareness of health & fitness among consumers is driving this industry and a demand for trendy and comfortable clothing. Yoga pants, sneakers, tights, leggings, and shorts masquerading as athletic clothing are examples of athleisure clothing. Athleisure clothing is relaxed and comfortable for physical activity and everyday wear. Customers are integrating sports and fitness activities into their everyday routines due to increased health, self-consciousness, and a desire to appear fit and live an active lifestyle. As a result of increasing participation, market dynamics have changed, leading to increased demand for athleisure products. Various performance-enhancing features have caught the attention of customers, who are willing to pay more for such added benefits, including moisture management, temperature regulation, and other performance-enhancing characteristics that prevent discomfort and injury.
Company Profile
VuoriClothing brand aimed at offering premium performance apparel inspired by coastal lifestyles. The brand provides clothing made from durable performance material that will withstand tough workouts and undergoes an ethical manufacturing process. With our casual aesthetic and comfort in mind, you can shop according to your fitness preferences, whether you are a man or a women. There is a collection of apparel offered by Vuori for both men and women. Vuori offers its products through dealers in Del Mar, San Diego, and Solana Beach in California, including shorts, pants, tops, hats, and clothing for yoga instructors, surfers, graphic T-shirts, gift cards, cross-fit instructors, and personal trainers.
- PANGAIA
With PANGAIA, consumers can purchase lifestyle products and accessories through a web browser or mobile app, including sweatshirts, t-shirts, tops, track pants, activewear, jackets, outerwear, and knitwear. A seller can sell goods or services directly to a consumer online. An apparel and nature textile design and manufacturing company that uses seaweed technology and materials made from recycled plastic bottles to solve environmental problems. Natural botanical dyes are combined with seaweed technology. Using sustainable means and recyclable materials, this company provides functional clothing alternatives to customers, enabling them to meet their apparel needs while making eco-friendly choices.
- Outerknown
The Outerknown brand is rooted in environmental sustainability and was founded by 11x world champion surfer Kelly Slater. Outerknown clothing is made from high-quality, long-lasting materials manufactured to protect our planet’s natural resources while paying factory workers fair wages. The Outerknown project explores the relationship between function, style, and sustainability. It challenges designers to produce products that are better and more sustainable; it challenges producers to manage our supply chain transparently. The storytelling process enables the company to evolve its brand vision continuously. The performance process pushes the company to previously unimaginable levels. The global citizenry allows them to observe its multicultural world and unite seemingly unconnected individuals and ideas in search of the next Outerknown.
- lululemon athletica
Lululemon Athletica Inc (Lululemon) designs, retailers, and distributes athletic apparel and accessories that promote a healthy lifestyle. It offers a variety of apparel for men and women, including sports, tanks, short-sleeved shirts, long-sleeved shirts, jackets, hoodies, sweaters, wraps, swimsuits, tights, vests, and outerwear, as well as shorts, skirts, crops, 7/8 pants, yoga pants, underwear, footwear. Mats, props, bags, headbands and hats, scarves and gloves, socks and water bottles, and socks and gloves are available. Lululemon Athletica and MIRROR are the brand names of the company’s products. It sells its products through its e-commerce portals. It has distribution facilities and warehouses in the US, Canada, and Australia, and it merchandises its business through company-operated stores and directs to consumers.
- HanesBrands Inc.
As a manufacturer, distributor and marketer of activewear, lingerie, casual clothing, and underwear, Hanesbrands Inc (Hanesbrands) offers bras, panties, socks, t-shirts, hosiery, fleece, and other items. The company’s products are sold under the brand names Hanes, Champion, Bonds, Maidenform, Bali, Playtex, Bras N Things, JMS/Just My Size, Wonderbra, Alternative, Berlei, Comfortwash, Hanes Beefy-T, Sheridan, Zorba, Sol y Oro, Polo Ralph Lauren, Rinbros, and Gear for Sport. These products are sold in mass merchants, mid-tier and department stores, specialty stores, retail stores, and online retailers. Hanesbrands is headquartered in Winston-Salem, North Carolina, in the United States. It operates in the Americas, Asia, Europe, Africa and the Caribbean.
- EILEEN FISHER
EILEEEN FISHER creates simple, timeless shapes that work effortlessly, season after season. They make their clothes that last, then take them back to be worn or remade into entirely new designs. They believe that every person can achieve their full potential – their customers, their employees, and the workers who make their clothes – and are committed to creating an environment conducive to empowerment. Clothing by EILEEN FISHER is sold at 60 retail stores and 1,000 department stores and specialty stores worldwide, as well as at two RENEW stores that feature gently worn and remade designs sourced from its take-back program.
- Patagonia, Inc.
The American clothing company Patagonia was founded by Yvon Chouinard in 1973. In 1973, Patagonia opened its first store in Ventura, which offered bespoke mountain climbing gear, before expanding its product line to include surfing clothes. Patagonia now offers camping food, sleeping bags, backpacks, other outdoor products, and sportswear. In 2017, Patagonia introduced its ‘Worn Wear’ concept, which allowed customers to exchange certain Patagonia items for new merchandise credit to be a sustainable company.
- Adidas AG
Adidas AG (Adidas AG) is a design, manufacturing, and marketing company for athletic and sports lifestyle products. The company sells footwear, apparel, sunglasses, fitness equipment, balls, bags, sunglasses, and fitness equipment. The channels through which the company distributes and sells its products are own-branded stores, retail stores, wholesalers, sporting goods chains, buying groups, department stores, lifestyle retailers, and franchises. In addition to its e-commerce platforms, Adidas also markets its products through mobile shopping apps. As well as offering its products under the Adidas brand, the company also offers various product franchises. Adidas is headquartered in Herzogenaurach, Germany and operates across the Americas, Europe, Asia-Pacific, Africa, and the Middle East.
- Under Armor, Inc.
The company develops, markets, and distributes apparel, footwear, and accessories. Under Armour offers products at a variety of price points to cater to a variety of customer categories. The company sells its products worldwide through retail stores, direct-to-consumer channels, e-commerce websites, and product licensing. In addition to wholesale distribution, Under Armour distributes products to national, regional, independent, and specialty retailers. Under Armour’s products are marketed under the brand names UA, Armour, Heatgear, Coldgear, Protect This House, I WILL, Armour, Armour Fleece and Armour Bra. Its headquarters are in Baltimore, Maryland, the United States. Under Armour operates throughout North America, Latin America, Europe, the Middle East, Africa, and Asia-Pacific.
