Manufacturers are also focusing on bridging the gap between fashion and innovative functional designs and providing sustainable athleisure to consumers. For instance, HanesBrands, an athleisure manufacturing company, has initiated a wide-ranging 2030 global sustainability goal, under which the company will focus on eliminating all single-use plastics and reducing packaging weight by 25% while also moving to 100% recycled polyester and sustainably sourced cotton for their apparels. Along with this, Nike Inc. initiated a movement to zero carbon and zero waste. The movement includes the usage of sustainable materials to manufacture footwear and athletic wear. Thus, in the coming years, the demand for sustainable athleisure is expected to grow, which will lead to an increase in the development of sustainable athleisure from manufacturers.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe athleisure market at a substantial CAGR during the forecast period.
The Europe 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 Europe athleisure market is segmented into Germany, the UK, France, Italy, Russia, and the Rest of Europe. In 2020, the Rest of Europe held the largest market share. France 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 Europe athleisure market.
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 114.26 Million |
| Market Size by 2028 | US$ 224.63 Million |
| CAGR (2021 - 2028) | 10.1% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Type
|
| Regions and Countries Covered |
Europe
|
| Market leaders and key company profiles |
|
The Europe Athleisure Market is valued at US$ 114.26 Million in 2021, it is projected to reach US$ 224.63 Million by 2028.
As per our report Europe Athleisure Market, the market size is valued at US$ 114.26 Million in 2021, projecting it to reach US$ 224.63 Million by 2028. This translates to a CAGR of approximately 10.1% during the forecast period.
The Europe Athleisure Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Athleisure Market report:
The Europe Athleisure Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Athleisure Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Athleisure Market value chain can benefit from the information contained in a comprehensive market report.
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