MRFR Market has recently published a report on the Asia Pacific Athleisure Market. The report is a comprehensive study of the latest developments, market size, status, upcoming technologies, business drivers, challenges, regulatory policies along with the profile of key manufacturers and player strategies. This study provides market summaries and vital statistics based on the company market status and is a valuable management and monitoring source for companies and individuals interested in estimating the market size of Asia Pacific Athleisure Market. Get a report that understands the structure in full detail (including a full table of contents, list of tables and figures).
Asia Pacific Athleisure business report consists of fundamental, secondary, and advanced information allied to the global status and trend, Market size, sales volume, Market share, growth, future trends analysis, segment and forecasts from 2023 - 2029. Evaluations of the Market status, Market share, growth rate, sales volume, future trends, Market drivers, Market restraints, revenue generation, opportunities and challenges, risks and entry barriers, sales channels, and distributors are also a part of this Market study. When a business struggles to achieve competitive advantage in this swiftly transforming marketplace, then plumping for such Asia Pacific Athleisure Market research report is highly recommended as it offers a lot of benefits for a thriving business.
The market size for athletic wear was estimated at USD 3,79,489.6 million in 2021. According to projections, the Asia Pacific Athleisure market will expand at a compound annual growth rate (CAGR) of 10.33% from USD 4,18,690.88 million in 2022 to USD 8,33,199.16 million by 2030.
Key Companies in the Asia Pacific Athleisure market include::
- Under Armour Inc. (US)
- Lululemon Athletica (Canada)
- Adidas AG (Germany)
- Hennes & Mauritz AB (Sweden)
- Nike Inc. (US)
- Puma SE (Germany)
- Eysom (US)
- Outdoor Voices (US)
- Ten Thousand Inc. (US)
- Isaora (US), among others
Key Features of the Asia Pacific Athleisure Market Report: -
➤ Analyze competitive developments such as expansions, deployments, new product launches, and market acquisitions.
➤ Examine the market opportunities for stakeholders by identifying higher growth sections.
➤ To study and analyze the global Asia Pacific Athleisure industry status and forecast including key regions.
➤ An in-depth analysis of key product segments and application spectrum, providing strategic recommendations to incumbents and new entrants to give them a competitive advantage over others.
➤ It provides a comprehensive analysis of key regions of the industry as well as a SWOT analysis and Porter's Five Forces analysis to provide a deeper understanding of the market.
➤ It helps you make strategic business decisions and investment plans.
Asia Pacific Athleisure Industry Developments
August 2022:
With the launch of its newest line, "ONLY PLAY," the renowned European fashion label for young women ONLY joined the Asia Pacific Athleisure clothing market. Excellent craftsmanship, feminine accents, and exceptional utility are all offered by ONLY PLAY, which also offers a remarkable fusion of the newest sportswear and fashion trends.
February 2022:
Women's Asia Pacific Athleisure brand Aastey takes pride in being "inclusive." The clothing manufacturer has received ten crores from CXXO, a Kalaari Capital project. The $10 million CXXO program, which aims to support female entrepreneurs, received funding from Kalaari Capital.
February 2022:
Lululemon introduced footwear, giving athletes a uniform from head to toe. The brand's 2017 partnership with APL, which showed the Asia Pacific Athleisure behemoth that its customers are interested in footwear, served as the motivation for the new initiative.
Market Drivers and Growth Opportunities:
Several factors contribute to the growth of the Asia Pacific Athleisure market, presenting numerous opportunities for brands, retailers, and investors. One key driver is the increasing adoption of Asia Pacific Athleisure wear as everyday attire. As remote work and flexible dress codes become more prevalent, consumers are seeking comfortable and versatile clothing options that offer both style and functionality. Asia Pacific Athleisure brands are well-positioned to meet this demand, offering a wide range of apparel suitable for various activities and occasions.
Asia Pacific Athleisure Market Highlights:
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