Sustainable Athleisure Market Outlook, Global Size, Growth and Latest Insights 2023-2028
IMARC Group has recently released a new research study titled “Sustainable Athleisure Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the global sustainable athleisure market size, drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios. The market is expected to exhibit a growth rate (CAGR) of 11.2% during 2023-2028.
Industry Definition and Application:
Athleisure clothing is designed to be worn both during athletic activities and as casual wear. These clothing, when produced in an eco-friendly and environment-friendly manner, is termed as sustainable athleisure. It can also be created using recycled material keeping in mind the flexibility, sustainability, and durability, of clothes and the environment. Sustainable athleisure brands use recycled fabrics made from materials like plastic bottles or recycled polyester. These materials help to reduce waste and lessen the impact of clothing production on the environment.
Another important aspect of sustainable athleisure is the production process itself. Many sustainable athleisure brands prioritize ethical manufacturing practices, ensuring that their clothing is made in factories with fair labor practices and safe working conditions. This not only benefits the workers involved in production but also helps to reduce the environmental impact of clothing manufacturing. Sustainable athleisure brands also focus on creating clothing that is durable and long-lasting, rather than disposable or designed for a single season. This approach helps to reduce waste and encourages consumers to invest in high-quality, sustainable clothing that they can wear for years to come. Sustainable athleisure is an important trend that seeks to balance fashion with environmental and ethical concerns. By using eco-friendly materials, prioritizing ethical manufacturing practices, and creating durable clothing that is designed to last, sustainable athleisure brands are contributing to the evolution of the fashion industry for creating a more sustainable future.
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What are the growth prospects and trends in the industry?
The increasing awareness about physical fitness represents one of the key factors driving the market growth across the globe. This, coupled with the rising consciousness regarding personal grooming, especially among the younger population, is acting as a major growth-inducing factor. In line with this, the rising inclination toward sustainable development, coupled with the increasing trend of sustainable athleisure in the fashion industry is contributing to the growth of the sustainable athleisure market. The market is also driven by the rising participation in sports and recreational activities and overall increase in the environmental consciousness among individuals. Apart from this, the increasing demand for comfortable casual wear, such as sweatpants, with innovative designs and functionality is driving the demand for sustainable athleisure in workplaces and corporates. In addition to this, the rising number of fitness clubs and recreational centers in many workplaces are facilitating the adoption of athleisure products, which, in turn, is facilitating the growth of the market. Other factors, including, the rising focus of manufacturers on producing new products with durable and high-quality materials and increasing investment in research and development (R&D) of textile and ethical apparel materials that can be used in various activities, such as cycling, yoga, mountain climbing, running, skiing, snowboarding, sailing, and other sporting activities, are further creating a positive outlook for the market across the globe.
Competitive Landscape With Key Players:
The competitive landscape of the sustainable athleisure market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Adidas AG
- Eileen Fisher
- Hanesbrands Inc.
- Outerknown LLC
- Wear Pact LLC.
- Pangaia Materials Science Limited
- Patagonia Inc.
- Under Armour Inc.
- Vuori Inc.
Key Market Segmentation:
The report has segmented the global sustainable athleisure market based on type, product, gender, distribution channel and region.
Breakup by Type:
- Mass
- Premium
Breakup by Product:
- Shirts
- Yoga Pants
- Leggings
- Shorts
- Others
Breakup by Gender:
- Men
- Women
Breakup by Distribution Channel:
- Offline
- Online
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/sustainable-athleisure-market
Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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