Activewear Market Regional Analysis

Skyquest Technology's expert advisors have carried out comprehensive global market analysis on the activewear market, covering regional industry trends and market insights. Our team of analysts have conducted in-depth primary and secondary research to provide regional industry analysis and forecast of activewear market across North America, South America, Europe, Asia, the Middle East, and Africa.

Activewear Market Regional Insights

In 2022, North America had the highest revenue share of about 35.0% thanks to the rise in popularity of stylish sportswear. The existence of significant industry rivals like Nike and Adidas, who make up a sizable percentage of the North American market in terms of sales, is what is driving the region's market. The popularity of sports like basketball and soccer as well as the rise in health consciousness are predicted to boost market growth. Greater levels of disposable income, lower production costs, and greater living standards are the main drivers of the regional market.

Asia Pacific is predicted to have the highest CAGR of 8.1% between 2022 and 2030 and is likely to register themselves as the fastest growing region. The industry is expanding as millennial and young adults' preferences for stylish athletic apparel grow. The regional market is dominated by nations with a higher proportion of young people, such China and India. Because of the rising interest in foreign brands, rising disposable income, and desire for improved lifestyles, the market for sportswear in the region is likely to develop. India, China, and Japan will soon control the regional market due to government measures that encourage active involvement in sports and competitions.

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Activewear Market size was valued at USD 321.04 Billion in 2023 and is poised to grow from USD 339.66 Billion in 2024 to USD 533.25 Billion by 2032, growing at a CAGR of 5.8% during the forecast period (2025-2032).

To create innovative and fashionable activewear and obtain a competitive advantage over their rivals, businesses use mergers, acquisitions, and strategic collaborations. For instance, in February 2021, Adidas introduced Formation, a new line of athletic clothing for women of various shapes and sizes that is made to complement and support their bodies. For those females looking for comfortable, high-performance workout attire, from Pilates to HIIT gym workouts, there is a new activewear product line that has just been introduced. 'Nike, Inc.', 'Adidas AG', 'Puma SE', 'Under Armour, Inc.', 'ASICS Corporation', 'VF Corporation', 'New Balance Athletics, Inc.', 'Lululemon Athletica Inc.', 'Columbia Sportswear Company', 'ASOS Plc.', 'The North Face, Inc.', 'Fila Korea Ltd.', 'Reebok International Ltd.', 'Skechers USA, Inc.', 'Anta Sports Products Ltd.', '361 Degrees International Ltd.', 'Li Ning Company Limited', 'Decathlon S.A.', 'Brooks Sports, Inc.', 'Hanesbrands Inc.'

With the growing awareness of the importance of fitness and healthy lifestyle, people are more inclined towards activewear. As a result, the activewear market has seen a surge in demand.

Athleisure trend: The athleisure trend has been driving the growth of the activewear market. Activewear is no longer just worn for sports and fitness activities but has become a fashion statement in everyday wear.

In 2022, North America had the highest revenue share of about 35.0% thanks to the rise in popularity of stylish sportswear. The existence of significant industry rivals like Nike and Adidas, who make up a sizable percentage of the North American market in terms of sales, is what is driving the region's market. The popularity of sports like basketball and soccer as well as the rise in health consciousness are predicted to boost market growth. Greater levels of disposable income, lower production costs, and greater living standards are the main drivers of the regional market.

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Global Activewear Market
Activewear Market

Report ID: SQMIG25K2055

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