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Athleisure Market Valuation To Exceed $517.5 Billion By 2025 Due To Its Increasing Adoption Of Fashionable Active Wear In Corporate Houses And Work Places | Grand View Research, Inc.

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Athleisure Market Valuation To Exceed $517.5 Billion By 2025 Due To Its Increasing Adoption Of Fashionable Active Wear In Corporate Houses And Work Places | Grand View Research, Inc.

March 19
06:33 2021
Athleisure Market Valuation To Exceed $517.5 Billion By 2025 Due To Its Increasing Adoption Of Fashionable Active Wear In Corporate Houses And Work Places | Grand View Research, Inc.

“Grand View Research, Inc. – Market Research And Consulting.”
According to a recent report published by Grand View Research Inc., there has been a rise in the population awareness about fitness which is expected to be a key driving force for athleisure market. Moreover, as the economies resume amid the Covid-19 pandemic, the market exhibits potential opportunities for expansion.

The global athleisure market size is expected to reach at USD 517.5 billion by 2025 expanding at a CAGR of 8.1%. The growing adoption of fashionable sportswear at workplaces is anticipated in better market growth. Moreover, the brand campaigns and social media influence in millennial is expected to remain pivotal for market growth in the coming years, as athleisure is trending in the fashion industry. Also, in the past few years the urban lifestyle and increased participation in sports has triggered the market demand.

The growing dependence on E-commerce and the consumer need for contactless deliveries is helping the fashion industry to regain normalcy in the pandemic. The market witnessed a steep decline in 2020. However, the market is expected to resume owing to consumer demand and constancy in supply chain for sports apparels and products. It is also predicted, there will be more emphasis on athleisure apparels based on shift in consumer preference and improved levels of hygiene in retail stores. 

Athleisure Market Report Suggest:

 Premium athleisure accounted for 65% in 2018, based on significant presence of key players and emergence of business opportunities. Manufacturers are now focusing on high quality premium products.

Online distribution channels are likely to result as fast growing segments attributing to convenience of ease of shopping. They are also expected to play an essential role in influencing consumer preferences.

Companies such as Adidas, Nike, and Puma are launching their online websites wherein consumers can buy their products directly.

The key players are majorly investing in technology and e-commerce and modernize their operations. For instance, Adidas closed some of their stores in 2018 to focus entirely on e-commerce.

Get Sample Copy Of This Report @ https://www.grandviewresearch.com/industry-analysis/athleisure-market/request/rs1

Athleisure Market Segmentation

Grand View Research has segmented the global athleisure market on the basis of product, distribution channel, and region:

Athleisure Product Outlook (Revenue, USD Billion, 2015 – 2025)

     Mass
     Premium

Athleisure Distribution Channel Outlook (Revenue, USD Billion, 2015 – 2025)

     Online
     Offline

Athleisure Regional Outlook (Revenue, USD Billion, 2015 – 2025)

     North America
        • U.S.
    • Europe
        • Germany
        • France
        • U.K.
     Asia Pacific
        • China
        • India
     Central & South America
        • Brazil
     MEA

List of Key Players of Athleisure Market

     Adidas AG
     Nike Inc
     Puma SE
     Under Armor Inc.
     AJIO Company
     Human Performance Engineering
     EYSOM LLC
     Espirit Retail B.V. & Co KG

Have Any Query? Ask Our Experts @ https://www.grandviewresearch.com/inquiry/6188/ibb

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About Grand View Research

Grand View Research is a market research and consulting company based in India and the US, and headquartered in San Francisco. The organization offers syndicated and customized research reports in 46 industries across 25 major global economies.

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
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Address:Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United States
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State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/athleisure-market

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