Leggings Market is worth US$ 56 Billion by 2029 with a CAGR of 6.2%

The report " Global Leggings Market, by Material Type (Cotton Spandex, Nylon, Leather, and Others (Polyester, Silk, and Wool)), by End-User (Men, Women, and Kids), and Region - Global Forecast to 2029". 

The global leggings market is projected to grow from US$ 30.7 billion in 2019 to US$ 56 billion by 2029. Global leggings market is expected to register moderate growth over the forecast period. This is attributed to increasing easy availability of leggings in various designs and materials such as ankle-length leggings, mid-calf length, knee-length leggings, stirrup leggings, jeggings, and footed leggings. In addition, growing preference for leggings among individuals, owing to comfortable clothing option is another factor propelling growth of the global leggings market.

Key Highlights:

• In February 22, 2019, for instance, NIKE, Inc has launched leggings designed for running, gym and wearing all-day.

Key Market Insights from the report:      

The global leggings market accounted for US$ 30.7 billion in 2019 and is projected to register a moderate CAGR of 6.2% over the forecast period. The market report has been segmented on the basis of material type, end-user, and region.

• By material type, the nylon segment accounted for major revenue share in 2019. This is attributed to increasing adoption by key players manufacturing various apparels leggings due to its attributes such as smoothness, lightweight, more resilient, quick dry, strength, and wrinkle resistance.
• By end-user, the women segment accounted for major revenue share in 2019. This is due to rising preference for leggings among individuals, owing to comfortable clothing option.
• By region, Europe leggings market accounted for major revenue share of the global leggings market and is further anticipated to maintain its dominance over the forecast period. Increasing inclination of individuals towards sports and yoga enthusiasts which in turn increases the demand for leggings in European countries. The market in Asia Pacific market is expected to register highest share in the global leggings market over the forecast period in 2019.

To know the upcoming trends and insights prevalent in this market, click the link below:

Links

https://www.prophecymarketinsights.com/market_insight/Global-Leggings-Market-By-Material-347

The prominent player operating in the global leggings market includes Tommy Hilfiger Corporation, Lysse, NIKE, Inc, Jockey International, Inc., Calvin Klein, Inc., Sho Sho Fashion, Macy's, Inc., Nordstrom, Inc., CSP International Fashion Group SpA, Under Armour, Inc., American Eagle Outfitters, Inc., and Spanx, Inc.

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