Asia Pacific Athleisure Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Topwear, Bottomwear, Footwear, and Others), Category (Men, Women, Unisex, and Kids), and Distribution Channel (Supermarkets & Hypermarkets, Specialty Stores, Online Retail, and Others)

Code: BMIRE00025007 | Pages: 116 | Industry: Consumer Goods | Date: Jun 2022 | Type: Regional

The athleisure market in Asia Pacific is expected to grow from US$ 122.77 million in 2021 to US$ 247.48 million by 2028. It is estimated to grow at a CAGR of 10.5% from 2021 to 2028.

In recent years, there has been an increased demand for athleisure due to increased demand from millennials for multi-purpose design clothes. Athleisure has gradually become the preferred choice for millennials demanding comfort with a style that has led to the combination of the comfort of athleisure with the latest design trends to suit the lifestyle of its consumers. The increased consciousness about their physical appearance in the millennials has led to an increased demand for fashionable and comfortable athletic wear. Along with this, millennials are increasingly focusing on health and fitness.

 

According to the 2016 International Health, Racquet & Sportsclub Association (IHRSA) Health Club Consumer Report, millennials, in particular, prefer specialized classes, such as cross-training, pilates, and yoga. The rising emphasis on health and wellness and the cool and effortless style of athleisure resonates with the lifestyle of millennials. The increased spending on fitness by the millennials is driving the growth of the athleisure market. Athleisure brands are increasingly focusing on delivering youth-centric sportswear with an emphasis on design and comfort that will meet the requirement of millennials across the region. Along with this, collaborations between sports companies and other high-street fashion brands or celebrities have attracted many millennials as these consumers demand a sense of exclusivity around the brand and product. For instance, Puma focused on running and gained major notoriety among young women due to celebrity endorsements from Kareena Kapoor and Disha Patni. Thus, increased demand from millennials for athletic wear is driving the growth of the athleisure market.

 

With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Asia Pacific athleisure market at a substantial CAGR during the forecast period.

 

Asia Pacific Athleisure Market Revenue and Forecast to 2028 (US$ Million)  

Asia Pacific Athleisure Market Revenue and Forecast to 2028 (US$ Million)  

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Asia Pacific Athleisure market Segmentation

 

The Asia Pacific athleisure market is analyzed on the basis of type, category, distribution channel, and country. Based on type, the market is segmented into topwear, bottomwear, footwear, and others. In 2020, the bottomwear segment held the largest share of the market, and the footwear segment is expected to register a higher CAGR during the forecast period. Based on category, the market is segmented into men, women, unisex, and kids. In 2020, the men segment held the largest market share; and the women segment is expected to register the highest CAGR in the market during the forecast period.

 

Based on distribution channel, the market is segmented into supermarkets & hypermarkets, specialty stores, online retail, and others. In 2020, the supermarkets & hypermarkets segment held the largest share of the market, and the online retail segment is expected to register a higher CAGR during the forecast period.

Based on country, the Asia Pacific athleisure market is segmented into China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. In 2020, China held the largest market share, and India is expected to grow at the fastest CAGR during the forecast period.

 

Adidas AG; ASICS India Pvt. Ltd.; Athleta LLC; Authentic Brands Group LLC; Columbia Sportswear Company; H & M Hennes & Mauritz AB; lululemon athletica; Nike, Inc.; PUMA SE; and Under Armour, Inc. are the leading companies in the Asia Pacific athleisure market.

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.        Research Methodology

3.1         Scope of the Study

3.2         Research Methodology

3.2.1        Data Collection

3.2.2        Primary Interviews

3.2.3        Hypothesis Formulation

3.2.4        Macro-economic Factor Analysis

3.2.5        Developing Base Number

3.2.6        Data Triangulation

3.2.7        Country Level Data

4.           Asia Pacific Athleisure Market Landscape

4.1         Market Overview

4.2         PEST Analysis

4.3         Expert Opinion

5.           Asia Pacific Athleisure Market — Key Market Dynamics

5.1         Key Market Drivers

5.1.1        Elevating Health Consciousness and Consumer Fitness

5.1.2        Strengthening Demand from Millennials

5.2         Key Market Restraints

5.2.1        Reach of Counterfeit Brands

5.3         Key Market Opportunities

5.3.1        Intensifying Penetration of E-Commerce

5.4         Future Trends

5.4.1        Growing trend of Sustainable Athleisure

5.5         Impact Analysis of Drivers and Restraint

6.           Asia Pacific Athleisure Market Analysis

6.1         Athleisure Market Overview

6.2         Asia Pacific Athleisure Market –Revenue and Forecast to 2028

7.           Asia Pacific Athleisure Market Analysis – By Type

7.1         Overview

7.2         Asia Pacific: Athleisure Market, by Type

7.3         Topwear

7.3.1        Overview

7.3.2        Topwear: Athleisure Market – Revenue and Forecast to 2028 (US$ Billion)

7.4         Bottomwear

7.4.1        Overview

7.4.2        Bottomwear: Athleisure Market – Revenue and Forecast to 2028 (US$ Billion)

7.5         Footwear

7.5.1        Overview

7.5.2        Footwear: Athleisure Market – Revenue and Forecast to 2028 (US$ Billion)

7.6         Others

7.6.1        Overview

7.6.2        Others: Athleisure Market – Revenue and Forecast to 2028 (US$ Billion)

8.           Asia Pacific Athleisure Market Analysis – By Category

8.1         Overview

8.2         Asia Pacific Athleisure Market, by Category

8.3         Men

8.3.1        Overview

8.3.2        Men: Athleisure Market – Revenue and Forecast to 2028 (US$ Billion)

8.4         Women

8.4.1        Overview

8.4.2        Women: Athleisure Market – Revenue and Forecast to 2028 (US$ Billion)

8.5         Unisex

8.5.1        Overview

8.5.2        Unisex: Athleisure Market – Revenue and Forecast to 2028 (US$ Billion)

8.6         Kids

8.6.1        Overview

8.6.2        Kids: Athleisure Market – Revenue and Forecast to 2028 (US$ Billion)

9.           Asia Pacific Athleisure Market Analysis – By Distribution Channel

9.1         Overview

9.2         Asia Pacific Athleisure Market, by Distribution Channel

9.3         Supermarkets and Hypermarkets

9.3.1        Overview

9.3.2        Supermarkets and Hypermarkets: Athleisure Market – Revenue and Forecast to 2028 (US$ Billion)

9.4         Specialty Stores

9.4.1        Overview

9.4.2        Specialty Stores: Athleisure Market – Revenue and Forecast to 2028 (US$ Billion)

9.5         Online Retail

9.5.1        Overview

9.5.2        Online Retail: Athleisure Market – Revenue and Forecast to 2028 (US$ Billion)

9.6         Others

9.6.1        Overview

9.6.2        Others: Athleisure Market – Revenue and Forecast to 2028 (US$ Billion)

10.        Asia Pacific Athleisure Market – Country Analysis

10.1      Overview

10.1.1     Asia Pacific: Athleisure Market, by Key Country

10.1.1.1       China: Athleisure Market –Revenue and Forecast to 2028 (US$ Billion)

10.1.1.1.1       China: Athleisure Market, by Type

10.1.1.1.2       China: Athleisure Market, by Category

10.1.1.1.3       China: Athleisure Market, by Distribution Channel

10.1.1.2       Japan: Athleisure Market –Revenue and Forecast to 2028 (US$ Billion)

10.1.1.2.1       Japan: Athleisure Market, by Type

10.1.1.2.2       Japan: Athleisure Market, by Category

10.1.1.2.3       Japan: Athleisure Market, by Distribution Channel

10.1.1.3       India Athleisure: Athleisure Market –Revenue and Forecast to 2028 (US$ Billion)

10.1.1.3.1       India: Athleisure Market, by Type

10.1.1.3.2       India: Athleisure Market, by Category

10.1.1.3.3       India: Athleisure Market, by Distribution Channel

10.1.1.4       Australia Athleisure: Athleisure Market –Revenue and Forecast to 2028 (US$ Billion)

10.1.1.4.1       Australia: Athleisure Market, by Type

10.1.1.4.2       Australia: Athleisure Market, by Category

10.1.1.4.3       Australia: Athleisure Market, by Distribution Channel

10.1.1.5       South Korea Athleisure: Athleisure Market –Revenue and Forecast to 2028 (US$ Billion)

10.1.1.5.1       South Korea: Athleisure Market, by Type

10.1.1.5.2       South Korea: Athleisure Market, by Category

10.1.1.5.3       South Korea: Athleisure Market, by Distribution Channel

10.1.1.6       Rest of Asia Pacific: Athleisure Market –Revenue and Forecast to 2028 (US$ Billion)

10.1.1.6.1       Rest of Asia Pacific: Athleisure Market, by Type

10.1.1.6.2       Rest of Asia Pacific: Athleisure Market, by Category

10.1.1.6.3       Rest of Asia Pacific: Athleisure Market, by Distribution Channel

11.        Company Profiles

11.1      Adidas AG

11.1.1     Key Facts

11.1.2     Business Description

11.1.3     Financial Overview

11.1.4     SWOT Analysis

11.1.5     Key Developments

11.2      Columbia Sportswear Company

11.2.1     Key Facts

11.2.2     Business Description

11.2.3     Financial Overview

11.2.4     SWOT Analysis

11.2.5     Key Developments

11.3      Gap Inc.

11.3.1     Key Facts

11.3.2     Business Description

11.3.3     Financial Overview

11.3.4     SWOT Analysis

11.3.5     Key Developments

11.4      Hennes & Mauritz AB

11.4.1     Key Facts

11.4.2     Business Description

11.4.3     Financial Overview

11.4.4     SWOT Analysis

11.4.5     Key Developments

11.5      ASICS Corporation

11.5.1     Key Facts

11.5.2     Business Description

11.5.3     Financial Overview

11.5.4     SWOT Analysis

11.5.5     Key Developments

11.6      Lululemon Athletica Inc.

11.6.1     Key Facts

11.6.2     Business Description

11.6.3     Financial Overview

11.6.4     SWOT Analysis

11.6.5     Key Developments

11.7      Nike, Inc.

11.7.1     Key Facts

11.7.2     Business Description

11.7.3     Financial Overview

11.7.4     SWOT Analysis

11.7.5     Key Developments

11.8      Puma SE

11.8.1     Key Facts

11.8.2     Business Description

11.8.3     Financial Overview

11.8.4     SWOT Analysis

11.8.5     Key Developments

11.9      Under Armour, Inc.

11.9.1     Key Facts

11.9.2     Business Description

11.9.3     Financial Overview

11.9.4     SWOT Analysis

11.9.5     Key Developments

11.10   Authentic Brands Group LLC

11.10.1  Key Facts

11.10.2  Business Description

11.10.3  Financial Overview

11.10.4  SWOT Analysis

11.10.5  Key Developments

12.        Appendix

12.1      About The Insight Partners

12.2      Glossary of Terms


LIST OF TABLES

Table 1.             Asia Pacific Athleisure Market –Revenue and Forecast to 2028 (US$ Billion)

Table 2.             China Athleisure Market, by Type– Revenue and Forecast to 2028 (US$ Billion)

Table 3.             China Athleisure Market, by Category – Revenue and Forecast to 2028 (US$ Billion)

Table 4.             China Athleisure Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Billion)

Table 5.             Japan: Athleisure Market, by Type – Revenue and Forecast to 2028 (US$ Billion)

Table 6.             Japan Athleisure Market, by Category – Revenue and Forecast to 2028 (US$ Billion)

Table 7.             Japan Athleisure Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Billion)

Table 8.             India Athleisure Market, by Type – Revenue and Forecast to 2028 (US$ Billion)

Table 9.             India Athleisure Market, by Category – Revenue and Forecast to 2028 (US$ Billion)

Table 10.          India Athleisure Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Billion)

Table 11.          Australia Athleisure Market, by Type – Revenue and Forecast to 2028 (US$ Billion)

Table 12.          Australia Athleisure Market, by Category – Revenue and Forecast to 2028 (US$ Billion)

Table 13.          Australia Athleisure Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Billion)

Table 14.          South Korea Athleisure Market, by Type – Revenue and Forecast to 2028 (US$ Billion)

Table 15.          South Korea Athleisure Market, by Category – Revenue and Forecast to 2028 (US$ Billion)

Table 16.          South Korea Athleisure Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Billion)

Table 17.          Rest of Asia Pacific Athleisure Market, by Type – Revenue and Forecast to 2028 (US$ Billion)

Table 18.          Rest of Asia Pacific Athleisure Market, by Category – Revenue and Forecast to 2028 (US$ Billion)

Table 19.          Rest of Asia Pacific Athleisure Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Billion)

Table 20.          Glossary of Terms, Asia Pacific Athleisure Market

 


LIST OF FIGURES

Figure 1.           Asia Pacific Athleisure Market Segmentation

Figure 2.           Asia Pacific Athleisure Market Segmentation – By Country

Figure 3.           Asia Pacific Athleisure Market Overview

Figure 4.           Asia Pacific Athleisure Market, By Category

Figure 5.           Asia Pacific Athleisure Market, By Country

Figure 6.           Asia Pacific Athleisure Market, Industry Landscape

Figure 7.           Asia Pacific: PEST Analysis

Figure 8.           Expert Opinion

Figure 9.           Asia Pacific Athleisure Market Impact Analysis of Drivers and Restraints

Figure 10.        Asia Pacific Athleisure Market – Revenue and Forecast to 2028 (US$ Billion)

Figure 11.        Asia Pacific: Athleisure Market Revenue Share, by Type (2020 and 2028)

Figure 12.        Topwear: Athleisure Market – Revenue and Forecast to 2028 (US$ Billion)

Figure 13.        Bottomwear: Athleisure Market – Revenue and Forecast to 2028 (US$ Billion)

Figure 14.        Footwear: Athleisure Market – Revenue and Forecast to 2028 (US$ Billion)

Figure 15.        Others: Athleisure Market – Revenue and Forecast to 2028 (US$ Billion)

Figure 16.        Asia Pacific Athleisure Market Revenue Share, by Category (2020 and 2028)

Figure 17.        Men: Athleisure Market – Revenue and Forecast to 2028 (US$ Billion)

Figure 18.        Women: Athleisure Market – Revenue and Forecast to 2028 (US$ Billion)

Figure 19.        Unisex: Athleisure Market – Revenue and Forecast to 2028 (US$ Billion)

Figure 20.        Kids: Athleisure Market – Revenue and Forecast to 2028 (US$ Billion)

Figure 21.        Asia Pacific Athleisure Market Revenue Share, by Distribution Channel (2020 and 2028)

Figure 22.        Supermarkets and Hypermarkets: Athleisure Market – Revenue and Forecast to 2028 (US$ Billion)

Figure 23.        Specialty Stores: Athleisure Market – Revenue and Forecast to 2028 (US$ Billion)

Figure 24.        Online Retail: Athleisure Market – Revenue and Forecast to 2028 (US$ Billion)

Figure 25.        Others: Athleisure Market – Revenue and Forecast to 2028 (US$ Billion)

Figure 26.        Geographic Overview of Asia Pacific Athleisure Market

Figure 27.        Asia Pacific : Athleisure Market Revenue Share, by Key Country (2020 and 2028)

Figure 28.        China: Athleisure Market –Revenue and Forecast to 2028 (US$ Billion)

Figure 29.        Japan: Athleisure Market –Revenue and Forecast to 2028 (US$ Billion)

Figure 30.        India: Athleisure Market –Revenue and Forecast to 2028 (US$ Billion)

Figure 31.        Australia: Athleisure Market –Revenue and Forecast to 2028 (US$ Billion)

Figure 32.        South Korea: Athleisure Market –Revenue and Forecast to 2028 (US$ Billion)

Figure 33.        Rest of Asia Pacific: Athleisure Market –Revenue and Forecast to 2028 (US$ Billion)

  1. ADIDAS AG
  2. ASICS
  3. ATHLETA LLC
  4. AUTHENTIC BRANDS GROUP
  5. COLUMBIA SPORTSWEAR COMPANY
  6. HENNES AND MAURITZ AB
  7. LULULEMON ATHLETICA
  8. NIKE, INC.
  9. PUMA SE
  10. UNDER ARMOUR, INC
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