Active wear Market is Dazzling Worldwide and Forecast to 2031

The global activewear market is anticipated to grow at a considerable CAGR of 6.5% during the forecast period (2024–2031). The growth of the activewear market, especially post-covid-19, is fueled by rising demand and sales of retail e-commerce globally. For instance, as per Invest India, the Indian e-commerce industry has been on an upward growth trajectory. In FY 2022-23, the Government e-marketplace (GeM) registered its highest ever Gross Merchandise Value of $2,011.0 billion. GeM achieved a cumulative GMV of more than $5,377.0 billion by July 2023 (since inception). Wherein, electronics and apparel made up nearly 70.0% of the e-commerce market, when evaluated against transaction value. Other new upcoming categories within e-commerce include ed-tech, hyperlocal, and food-tech.

Moreover, according to a report from the Ministry of Foreign Affairs and Trade Promotion, Europe, the ecommerce segment of fashion and clothing was expected to grow at a compound annual rate of 10.6% from $481.0 billion in 2017 to over $713.0 billion by 2022. This growth is mostly driven by the expansion of global markets. Currently, China is the leading fashion consumer in terms of revenue, whereas Asia is likely to experience significant development due to greater online access and smartphone usage. 

To Request a Sample of our Report on Active wear Market:  https://www.omrglobal.com/request-sample/activewear-market

Market Coverage

• The market number available for – 2023-2031
• Base year- 2023
• Forecast period- 2024-2031

Segment Covered- 

• By Product Type
• By Material Type
• By Gender
• By Sales Channel

Regions Covered- 

• North America 
• Europe 
• Asia-Pacific 
• Rest of the World

Competitive Landscape Includes- Nike, Inc., PUMA SE, Adidas America, Inc., Under Armour, Inc., and Lululemon Athletica Inc.

Activewear Market Report Segment 

By Product Type

• Tops & T-Shirts
• Sweatpants & Yoga Pants
• Skirts & Skorts
• Tracksuits
• Sweatshirts/Jacket

By Material Type

• Cotton
• Polyester
• Neoprene
• Polypropylene
• Spandex

By Gender

• Male
• Female
• Unisex

By Sales Channel

• Online 
• Offline

A full Report of Active wear Market is Available @  https://www.omrglobal.com/industry-reports/activewear-market

Activewear Market Report Segment by Region 

North America                                                                                                           

• United States
• Canada

Europe

• UK
• Germany
• Spain
• France
• Italy
• Rest of Europe

Asia-Pacific

• India
• China
• Japan
• South Korea
• Rest of APAC

Rest of the World

• Latin America
• Middle East and Africa 

Company Profiles

• ASICS Ltd.
• com Ltd.
• Calvin Klein, Inc.
• Columbia Sportswear Co.
• Cravatex Brands Limited (FILA & Proline)
• Decathlon Sports India Pvt Ltd.
• Gymshark Ltd.
• H & M Hennes & Mauritz AB.
• India Pvt. Extreme Brands LLP (HRX)
• New Balance Athletics, Inc.
• Patagonia Inc.
• SKECHERS USA, Inc.
• VF Corp.
• Victoria’s Secret & Co. 
• WROGN 

Reasons to buy from us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/activewear-market

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

Article source: https://article-realm.com/article/Business/63413-Active-wear-Market-is-Dazzling-Worldwide-and-Forecast-to-2031.html