Athleisure Market to Create Business Opportunities Worth $517.5 Billion By 2025 “The global athleisure market size is projected to touch USD 517.5 billion by the year 2025, according to a new report by Million Insights. It is anticipated to grow at a CAGR of 8.1% through the forecast period of 2019-2025.”
The Global Athleisure Market Report offers details on current and future growth trends pertaining to the business besides information on numerous regions across the geographical landscape of the Athleisure Market. The study includes global, regional, and country-level market size, shares, growth rate analysis (include the causes of highest and lowest peak industry analysis), product launches, latest trends, the impact of covid19 on worldwide. Athleisure Market Research Methodology overview consists of primary and secondary research, company share analysis, model (including Demographic data, Macroeconomic indicators, and Industry indicators i.e. Expenditure, infrastructure, sector growth, and facilities, etc), Research Limitations, and Revenue Based Modelling. Comprehensive analysis of Athleisure Market based on current & future analysis depending on historic data also featured in this Report. The global athleisure market size is projected to touch USD 517.5 billion by the year 2025, according to a new report by Million Insights. It is anticipated to grow at a CAGR of 8.1% through the forecast period of 2019-2025. Rise in adaption of fashionable and stylish athleisure wearing in offices and work places is projected to propel the demand of the market. Additionally, exclusive brand campaigns by manufacturers through celebrity endorsements and engagement in social media have changed the perception of millennials and young customers around the world. Premium athleisure dominated the market with over 65% in the total revenue in 2018. Key manufacturers like Lululemon Athletica, Inc.;PUMA SE;Under Armour, Inc.; Adidas AG; and Nike, Inc. are promoting their brands by celebrity endorsements and introducing new products to capture a large consumer base. For example, Elsa Hosk endorses the brand “Sporty & Rich” promoting retro sportswear from ‘80s and ‘90s and it designs cool activewear pieces that have a cult following among the celeb and fashion set.
Request Sample Copy of This Market Research @ https://www.millioninsights.com/industry-reports/global-athleisure-market/request-sample
Asia Pacific is anticipated to grow at the fastest CAGR of 8.8% over the forecast period. Over the last few years, the companies have started adapting marketing strategies like launching new products, celebrity endorsements, focusing on e-commerce, and increasing number of exclusive brand stores to meet the demand of the consumers in emerging economies like India and China. The major players in the industry include Adidas AG; Under Armour, Inc.; Lululemon Athletica, Inc.; Nike, Inc.; AJIO Company; HUMAN PERFORMANCE ENGINEERING;Esprit Retail B.V. & Co. KG.; Under Armour Inc.; and PUMA SE. Innovation of products and expansion of product portfolio are expected to propel the demand in the market in the coming years.
Browse Full Research Report @ https://www.millioninsights.com/industry-reports/global-athleisure-market
Further key findings from the report suggest: • Asia Pacific is anticipated to grow at the fastest CAGR of 8.8% over the forecast period • North America dominated the athleisure market with over 30% share in the total revenue in 2018 • Premium athleisure segment dominated the product segment with over 65% of share in the total revenue in 2018 • Online distribution channel is expected to grow at the fastest CAGR of 8.5% over the forecast period Million Insights 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) • Offline • Online
Athleisure Regional Outlook (Revenue, USD Billion, 2015 - 2025) • North America • U.S. • Europe • Germany • U.K. • France • Asia Pacific • India • China • Central & South America • Brazil • Middle East & Africa
See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/consumer-goods
Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.
Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com
Global Headquarters Million Insights 410 E Santa Clara Street, Unit #1008 San Jose, CA 95113, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com
Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-8956380892