Sustainable Athleisure Global Market Report 2023

“Sustainable Athleisure Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on sustainable athleisure market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
• Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
• Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
• Measure the impact of high global inflation on market growth.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on the latest market shares.
• Benchmark performance against key competitors.
• Suitable for supporting your internal and external presentations with reliable high quality data and analysis
• Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
• All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for sustainable athleisure ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The sustainable athleisure market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

* The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

* The impact of higher inflation in many countries and the resulting spike in interest rates.

* The continued but declining impact of COVID-19 on supply chains and consumption patterns.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

• 1) By Type: Premium; Mass

• 2) By Gender: Women; Men

• 3) By Distribution Channel: Offline; Online

• Companies Mentioned: Pact LLC; Adidas AG; PANGAIA; Patagonia Inc.; Nike Inc.

• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

• Time series: Five years historic and ten years forecast.

• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

• Delivery Format: PDF, Word and Excel Data Dashboard.

Executive Summary

Major players in the sustainable athleisure market are: Pact LLC, Adidas AG, PANGAEA, Patagonia Inc., Nike Inc., Vuori Inc., Athleta, Levi's, Alternative Apparel, H&M Conscious, Eileen Fisher, Hanesbrands Inc., Fashionable Inc., Vera Bradley, Verloop.

The global sustainable athleisure market grew from $86.47 billion in 2022 to $94.01 billion in 2023 at a compound annual growth rate (CAGR) of 8.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The sustainable athleisure market is expected to grow to $125.22 billion in 2027 at a CAGR of 7.4%.

The sustainable athleisure market consists of sales of hemp fiber, bamboo, merino wool, cotton, and recycled synthetics. Values in this market are: 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

Sustainable athleisure is a look that is stylish and appealing enough to wear for other occasions while remaining comfortable and appropriate for sports. It is made of bio-based and recyclable materials. Athleisure is a type of hybrid clothing that is typically worn during athletic activities as well as in other settings such as the workplace, school, or other casual or social occasions. Sustainable athleisure is made up of natural, renewable, recycled, biodegradable, and low-impact textiles to provide consumers with high-performance activewear while protecting both people and the planet.

North America was the largest market in the sustainable athleisure market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sustainable athleisure market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The main types of sustainable athleisure are mass and premium. Premium sustainable athleisure is sportswear made up of organic fibres that are durable and eco-friendly and are costlier than mass products. The various distribution channel of sustainable athleisure includes online and offline channels that are used by men and women.

Raising awareness of consumers toward their physical fitness will support the growth of the sustainable athleisure market going forward. Physical fitness is an important factor in health promotion and disease prevention, and physical inactivity has been linked to a number of chronic diseases and risk factors. Hence, consumers are adapting physical activities in their daily life to improve health. Sustainable athleisure is preferred by the majority of people since it is constructed of environmentally safe materials and provides comfort during physical activity and exercise. For instance, in March 2021, according to report pubished by MedAlertHelp, a US-based fiyness organization, 19% of Americans participate in physical activity each day. In addition, 7% properly identified the requirements for moderate aerobic physical activity, whereas 25% correctly identified the recommendations for muscular activity. Thus, the growing awareness of consumers towards the importance of physical fitness will propel market growth.

The usage of recycled products to manufacture new sportswear and shoes is an emerging trend gaining popularity in the sustainable athleisure market. Major companies operating in the sustainable athleisure sector are using waste plastic, recycled fabrics, and other waste materials to produce eco-friendly sportswear. For instance, in February 2020, Puma, a Germany-based sportswear company, announced the launch of a new collection made entirely of recycled plastic. The brand collaborated with recycling company First Mile to co-create the collection, which includes shoes and apparel made from recycled yarn and plastic bottles collected in the First Mile network.

In February 2020, H&M, a Swedish multinational clothing company, collaborated with P.E Nation to bring together athleisure styles with more sustainable materials. The P.E Nation + H&M collection includes apparel, swimwear, underwear, and accessories created in partnership with the H&M in-house team utilising sustainable textiles that can be worn all day, every day while staying flexible, utilitarian, and style-led. P.E Nation is an Australian-based online retailer and activewear brand.

The countries covered in the sustainable athleisure market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The sustainable athleisure market research report is one of a series of new reports from The Business Research Company that provides sustainable athleisure market statistics, including sustainable athleisure industry global market size, regional shares, competitors with a sustainable athleisure market share, detailed sustainable athleisure market segments, market trends and opportunities, and any further data you may need to thrive in the sustainable athleisure industry. This sustainable athleisure market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.