The Sustainable Athleisure Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Sustainable Athleisure Global Market Report 2024, The sustainable athleisure market size has grown strongly in recent years. It will grow from $93.82 billion in 2023 to $101.9 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to rise of athleisure trend, health and wellness movement, environmental awareness, celebrity endorsements, shift in consumer preferences
The sustainable athleisure market size is expected to see strong growth in the next few years. It will grow to $141.38 billion in 2028 at a compound annual growth rate (CAGR) of 8.5%. The growth in the forecast period can be attributed to continued athleisure popularity, eco-friendly material innovation, rising interest in sustainable fashion, corporate sustainability initiatives, social media influence. Major trends in the forecast period include introduction of rental and subscription models, utilization of 3D printing and seamless construction, collaborations with sustainable athlete ambassadors, innovations in biodegradable and compostable materials, focus on circular fashion initiatives and take-back programs
Raising awareness of consumers toward their physical fitness will support the growth of the sustainable athleisure market going forward. Physical fitness is an important factor in health promotion and disease prevention, and physical inactivity has been linked to several chronic diseases and risk factors. Hence, consumers are adapting physical activities into their daily lives to improve health. Sustainable athleisure is preferred by most people since it is constructed of environmentally safe materials and provides comfort during physical activity and exercise. For instance, in March 2021, according to a report published by MedAlertHelp, a US-based fitness organization, 19% of Americans participate in physical activity each day. In addition, 7% properly identified the requirements for moderate aerobic physical activity, whereas 25% correctly identified the recommendations for muscular activity. Thus, the growing awareness of consumers towards the importance of physical fitness will propel the sustainable athleisure market growth.
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The sustainable athleisure market covered in this report is segmented –
1) By Type: Premium, Mass
2) By Gender: Women, Men
3) By Distribution Channel: Offline, Online
Major companies operating in the sustainable athleisure market are developing innovative products, such as bio-based activewear, to provide reliable services to customers. Bio-based activewear refers to clothing and accessories designed for physical activity, made from materials derived from renewable biological resources instead of traditional petroleum-based synthetics. For instance, in April 2023, PANGAIA, a UK-based provider of lifestyle products and accessories, launched Activewear 3.0. It is made with a blend of EVO® bio-based nylon and Creora® elastane, both derived from castor beans, making it their most bio-based offering yet. The collection features seamless garments designed to feel like a second skin, offering superior comfort and freedom of movement. PANGAIA’s signature PPRMINTTM finish is incorporated into the fabric, utilizing natural peppermint oil to keep garments fresh and odor-free for longer.
The sustainable athleisure market report table of contents includes:
1. Executive Summary
2. Sustainable Athleisure Market Characteristics
3. Sustainable Athleisure Market Trends And Strategies
4. Sustainable Athleisure Market – Macro Economic Scenario
5. Global Sustainable Athleisure Market Size and Growth
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26. South America Sustainable Athleisure Market
27. Brazil Sustainable Athleisure Market
28. Middle East Sustainable Athleisure Market
29. Africa Sustainable Athleisure Market
30. Sustainable Athleisure Market Competitive Landscape And Company Profiles
Top Major Players:
- NIKE Inc
- Adidas Aktiengesellschaft
- Hennes & Mauritz AB
- Puma SE
- Hanesbrands Inc
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