Athleisure Market to Create Business Opportunities Worth $517.5 Billion By 2025 “The global athleisure market size is projected to touch USD 517.5 billion by the year 2025, according to a new report by Million Insights. It is anticipated to grow at a CAGR of 8.1% through the forecast period of 2019-2025.”
The Global Athleisure Market Report offers details on current and future growth trends pertaining to the business besides information on numerous regions across the geographical landscape of the Athleisure Market. The study includes global, regional, and country-level market size, shares, growth rate analysis (include the causes of highest and lowest peak industry analysis), product launches, latest trends, the impact of covid19 on worldwide. Athleisure Market Research Methodology overview consists of primary and secondary research, company share analysis, model (including Demographic data, Macroeconomic indicators, and Industry indicators i.e. Expenditure, infrastructure, sector growth, and facilities, etc), Research Limitations, and Revenue Based Modelling. Comprehensive analysis of Athleisure Market based on current & future analysis depending on historic data also featured in this Report. The global athleisure market size is projected to touch USD 517.5 billion by the year 2025, according to a new report by Million Insights. It is anticipated to grow at a CAGR of 8.1% through the forecast period of 2019-2025. Rise in adaption of fashionable and stylish athleisure wearing in offices and work places is projected to propel the demand of the market. Additionally, exclusive brand campaigns by manufacturers through celebrity endorsements and engagement in social media have changed the perception of millennials and young customers around the world. Premium athleisure dominated the market with over 65% in the total revenue in 2018. Key manufacturers like Lululemon Athletica, Inc.;PUMA SE;Under Armour, Inc.; Adidas AG; and Nike, Inc. are promoting their brands by celebrity endorsements and introducing new products to capture a large consumer base. For example, Elsa Hosk endorses the brand “Sporty & Rich” promoting retro sportswear from ‘80s and ‘90s and it designs cool activewear pieces that have a cult following among the celeb and fashion set.
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