According to the report, the global women’s activewear market accounted for $128.76 billion in 2017 and is expected to garner $216.87 billion by 2025, registering a CAGR of 7.7% from 2018 to 2025. 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.
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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.
Regional Outlook:
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.
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Leading Key Players In The Market:
The major players operating in the women’s activewear market 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.
Key Benefits For Stakeholders
- The report provides an extensive analysis of the current & emerging market trends and opportunities in the global women’s activewear market.
- The report provides detailed qualitative and quantitative analysis of current trends and future estimations that assists to evaluate the prevailing market opportunities.
- Comprehensive analysis of factors that drive and restrict the growth of the market is provided.
- Extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework.
- The report provides extensive qualitative insights on the potential and niche segments or regions exhibiting favorable growth
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