PUBLISHER: SkyQuest | PRODUCT CODE: 1360497
PUBLISHER: SkyQuest | PRODUCT CODE: 1360497
Global Women's Tights and Leggings Market size was valued at USD 20.89 billion in 2021 and is poised to grow from USD 22.16 billion in 2022 to USD 35.59 billion by 2030, at a CAGR of 6.10% during the forecast period (2023-2030).
The surge in performance can be attributed to garments like tights and leggings that provide muscle support and stabilization, concurrently mitigating fatigue levels. These clothing components offer a blend of comfort, flexibility, and style, featuring captivating and distinctive patterns and designs. This industry's growth is further propelled by increasing per capita income, augmented purchasing power, and evolving global fashion trends. The apparel sector has embraced automated machinery to bolster productivity and trim operational costs. Women's tights and leggings, fabricated from a variety of materials such as cotton, polyester, and nylon, serve to envelop the lower body. Available in a diverse array of lengths, colors, patterns, and styles, these garments adeptly align with individual preferences and wardrobe choices. Beyond aesthetics, tights and leggings facilitate muscular fluidity, elevate blood circulation and oxygenation, ultimately curbing muscle discomfort and expediting muscle recovery. The demand for tights and leggings has surged in parallel with growing health consciousness and home-based workout routines. However, despite this heightened demand, production constraints and disrupted supply chains have led to a slump in clothing market sales. With an existing income disparity in the market, the sector is poised for rapid expansion in the coming years.
Top-down and bottom-up approaches were used to estimate and validate the size of Global Women's Tights and Leggings Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
The segmentation of the global women's tights and leggings market is structured around fiber type, distribution channel, and geographical regions. The market is categorized into different fiber types, including cotton, polyester, and others. In terms of distribution channels, the market is segmented into online and offline segments. Geographically, the market is further divided into five key regions: North America, Europe, Asia-Pacific, South America, and the Middle East & Africa (MEA).
The surging popularity of athleisure wear has propelled the demand for comfortable yet stylish leggings and tights, blurring the lines between athletic and everyday attire. This trend has led to an increased need for these garments, driven by consumers seeking cozy yet fashionable options for their daily wear. Furthermore, the rise of online shopping platforms has further fueled market growth, providing customers with the convenience of purchasing tights and leggings from the comfort of their own homes.
The market growth trajectory could encounter impediments due to varying levels of price sensitivity among consumers. While certain individuals may be willing to invest in premium-quality tights and leggings, price-conscious consumers might opt for more economical alternatives. Moreover, the environmental impact associated with the production of these garments could pose a deterrent, potentially alienating environmentally-conscious consumers who prioritize sustainability.
Rising environmental consciousness among consumers has spurred a significant shift in the fashion industry's approach to tights and leggings production, with a growing emphasis on sustainable materials and eco-friendly manufacturing techniques. The popularity of the athleisure movement has fueled a heightened demand for leggings and tights, blurring the boundary between activewear and everyday attire. This trend is driving manufacturers to prioritize both style and functionality, resulting in the introduction of new designs, patterns, colors, and prints. The proliferation of e-commerce has revolutionized the purchasing landscape for leggings and tights, enabling customers to make online purchases more conveniently, consequently leading to increased online sales and a transformation in retail dynamics.