women's activewear research

North America is expected to dominate the market, registering a significant CAGR of 7.2% in terms of value.

PORTLAND, OREGON, UNITED STATES, November 29, 2023 /EINPresswire.com/ -- According to a new report published by Allied Market Research titled," Womens Activewear Market by Product, Fabric, Distribution Channel and Price Range: Global Opportunity Analysis and Industry Forecast, 2018 - 2025,"the global women's activewear market size was estimated to be $119,078 million in 2017, and is expected to reach $216,868 million by 2025, registering a CAGR of 7.7% from 2018 to 2025. North America dominated the global women's activewear market in 2017, accounting for 42.4% of the total revenue. 

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Extensive advantages offered by activewear, increased consumer participation in physical fitness activities, rapid increase in disposable income, shift in trend toward athleisure wear, dynamic fashion trend and its influence over consumers have boosted the growth of the global women’s activewear market. Moreover, surge in coastal tourism, dynamic fashion trend and its influence over consumers, and rapid growth of online retail platform supplemented the growth. However, volatile cost of raw materials, availability of counterfeit brands, and high cost of designing hamper the market. On the contrary, expansion of consumer base, rise in promotional activities & initiatives by various organizations, rise in promotional activities & initiatives by various organizations, and development of green textile are expected to create lucrative opportunities in the near future.

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The global women’s activewear market is divided on the basis of product, fabric, distribution channel, price range, and geography. Based on product, the market is segmented into top, bottom, outerwear, innerwear & swimwear, and others. The bottom segment held the largest share in 2017, contributing more than one-third of the market. However, the outerwear segment is expected to manifest the fastest CAGR of 9.1% during the forecast period.

On the basis of fabric, the market is divided on the basis of polyester, nylon, neoprene, polypropylene, spandex, cotton, and others. The polyester segment dominated the market in 2017, contributing nearly two-fifths of the market. However, the spandex segment is estimated to register the fastest CAGR of 8.9% during the forecast period.

Based on the distribution channel, the market is segmented into online and offline. The offline distribution channel segment held the largest share in 2017, accounting for the nearly three-fifths of the market. However, the online segment is projected to manifest the fastest CAGR of 8.8% during the study period.

The market is analyzed across various regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across the Asia-Pacific region is estimated to register the fastest CAGR of 9.6% during the forecast period. However, the market across North America held the largest share in 2017, accounting for more than two-fifths of the market.

Key findings of the Womens Activewear Market: 

In terms of value, the active outerwear segment is expected to grow at a CAGR of 9.1% during the forecast period. 
North America is expected to dominate the market, registering a significant CAGR of 7.2% in terms of value. 
Asia-Pacific is projected to show exponential growth throughout forecast years, growing at a CAGR 9.6%, in terms of value. 
The polyester segment is anticipated to dominate global womens activewear market, registering a CAGR of 8.3%. 
China accounted for more than one-third of the total Asia-Pacific womens activewear market in 2017. 
In the global womens activewear market, India is expected to grow at a CAGR of 15.6%, in terms of value. 

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Market Key Players

The key players operating in the womens activewear industry include Hanesbrands Inc., Mizuno Corporation, Adidas AG, ASICS Corporation, Columbia Sportswear Company, NIKE, Inc., V.F. Corporation, PUMA SE, Under Armour, Inc., and Gap, Inc. 

The other prominent players in the market include 2XU, Marmot, Patagonia, Mountain Hardwear, Vie Active, LLC, Mountain Khakis, Forever 21, Jordan, Gramicci, Filas, Prana, Aeropostale, Ralph Lauren, Victoria's Secret, Jockey, Beyond Yoga, Lycra, and Lululemon. 

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