According to the latest report by Reports and Data, the Tracksuits Activewear Market had a size of USD 393.20 Billion in 2021 and is expected to have a revenue compound annual growth rate (CAGR) of 6.6% during the forecast period. The market's revenue growth is anticipated to be driven by an increased focus on staying healthy among people and a rising trend of using lightweight and innovative activewear.
Activewear is a type of clothing that is suitable for both exercise and casual wear. It is stylish and comfortable and can be worn for various activities. While activewear can be worn for other purposes, it was initially designed for exercise and is constructed with practicality in mind. The clothing may incorporate performance textiles to make it suitable for activities such as sweat-wicking and stretching.
Activewear provides a combination of style and comfort, allowing people to transition easily from the gym to other activities. When wearing activewear, people can dress appropriately for various activities.
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Top Profiled Companies in the Global Tracksuits Activewear Market Report:
Adidas, Nike, PUMA SE, PVH Corp., ASICS Corporation, Hanesbrands Inc., The Gap, Inc., Skechers USA, Inc., Columbia Sportswear Company, and Under Armour®, Inc.
Major Driving factors of Tracksuits Activewear Market:
- Health and Fitness Trends: The global trend towards health and fitness has had a significant impact on the Tracksuits Activewear Market. More people are engaging in physical activities such as yoga, running, and gym workouts, and they are looking for comfortable and stylish clothing that can support their active lifestyles.
- Athleisure Trend: The athleisure trend, which blurs the line between workout wear and everyday clothing, has also played a significant role in the growth of the Tracksuits Activewear Market. Consumers are looking for clothing that is both comfortable and fashionable, and activewear has become a popular choice for both.
- Technological Advancements: Advances in textile technology have also played a role in the growth of the Tracksuits Activewear Market. Materials such as moisture-wicking fabrics, compression fabrics, and breathable materials have made activewear more comfortable and functional for active individuals.
- Rising Awareness of Sustainable Fashion: The growing awareness of environmental issues has also had an impact on the Tracksuits Activewear Market, with more consumers looking for sustainable and eco-friendly clothing options. Many activewear brands are now offering sustainable and recycled materials in their clothing lines.
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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Further market segmentation
Product Type Outlook (Revenue, USD Billion; 2019-2030)
- Tops & T-Shirts
- Sweatpants & Yoga Pants
- Skirts & Shorts
- Tracksuits
- Sweatshirts/Jackets
- Others
Material Type Outlook (Revenue, USD Billion; 2019-2030)
- Cotton
- Polyester
- Neoprene
- Polypropylene
- Spandex
- Others
Distribution Channel Outlook (Revenue, USD Billion; 2019-2030)
- Offline
- Online
End-Use Outlook (Revenue, USD Billion; 2019-2030)
- Men
- Women
- Kids
Key Takeaways of the Global Tracksuits Activewear Market Report:
- A comprehensive overview of the global Activewear industry.
- Accurate market projections in terms of market size, share, and volume.
- Thorough study of the global market dynamics, such as major market revenue growth drivers, opportunities, threats, challenges, restraints, and future growth avenues.
- Deep-dive analysis of the upcoming market trends.
- Qualitative and quantitative analyses of the global Tracksuits Activewear Market.
- Elaborate study of the leading regional markets in the global Tracksuits Activewear Market.
- Complete overview of the market’s competitive landscape.
- Brief look at the company profiles and portfolios.
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