North America Athleisure Market Forecast to 2028 – COVID-19 Impact and 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)

BMIRE00025012 | Pages: 106 | Consumer Goods | Jun 2022 | Type: Regional | Status: Published

The athleisure market in North America is expected to grow from US$ 131.81 million in 2021 to US$ 241.58 million by 2028. it is estimated to grow at a CAGR of 9.0% from 2021 to 2028.

In recent years, there has been an increase in consciousness regarding health and fitness among consumers in this region. They are increasingly focusing on their fitness activities and have indulged in various sports and fitness activities.

 

According to a recent survey conducted by McKinsey & Company involving the US, 79% of the respondents stated that wellness is important, and 42% considered wellness a top priority. Along with this, consumers are increasingly using fitness facilities to reach their physical activity and overall health goals. According to the 2020 Health Club Consumer Report from the International Health, Racquet & Sportsclub Association (IHRSA), from 2010 to 2019, the number of times Americans used a health club rose by an impressive 45%, which is from 4.6 billion visits in 2010 to 6.7 billion in 2019. The report also stated that one out of four people in America used a health club, gym, or studio in 2019.

 

Consumers are also indulging themselves in yoga, and according to Forbes, the number of yoga practitioners in the US has almost doubled in the past decade. According to the survey conducted by Yoga Alliance and Yoga Journal, Americans spent US$16 billion on classes, gear, and accessories. Thus, an increased focus on health and fitness has led to increased participation from consumers in physical and sports activities, which in turn, is driving the demand for athleisure.

 

Athleisure is a hybrid of athletic and leisure apparel to create a contemporary clothing style. Health-conscious consumers are increasingly consuming clothes specifically designed for the athletic workout and, at the same time, are applicable for gym-goers and casual wear. Moreover, consumers are increasingly opting for comfortable and functional wear due to the rising awareness about hygiene, appearance, and the standard of living. Thus, the rise in health-consciousness and consumer fitness 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 North America Athleisure market at a substantial CAGR during the forecast period.

 

North America Athleisure Market Revenue and Forecast to 2028 (US$ Million)  

North America Athleisure Market Revenue and Forecast to 2028 (US$ Million)  

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North America Athleisure market Segmentation

 

The North America 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. By country, the North America athleisure market is segmented into the US, Canada, and Mexico. In 2020, the US held the largest market share, and Canada 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 North America 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.           North America Athleisure Market Landscape

4.1         Market Overview

4.2         PEST Analysis

4.3         Expert Opinion

5.           North America Athleisure Market — Key Market Dynamics

5.1         Key Market Drivers

5.1.1        Growing Health Consciousness and Consumer Fitness

5.1.2        Raising Demand from Millennial

5.2         Key Market Restraints

5.2.1        Presence of Counterfeit Brands

5.3         Key Market Opportunities

5.3.1        Surging Penetration of E-Commerce

5.4         Future Trends

5.4.1        Fostering trend of Sustainable Athleisure

5.5         Impact Analysis of Drivers and Restraint

6.           North America Athleisure Market Analysis

6.1         Market Overview

6.2         North America Athleisure Market –Revenue and Forecast to 2028

7.           North America Athleisure Market Analysis – By Type

7.1         Overview

7.2         North America 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.           North America Athleisure Market Analysis – By Category

8.1         Overview

8.2         North America 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.           North America Athleisure Market Analysis – By Distribution Channel

9.1         Overview

9.2         North America 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.        North America Athleisure Market – Country Analysis

10.1      Overview

10.1.1     North America: Athleisure Market, by Key Country

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

10.1.1.1.1       US: Athleisure Market, by Type

10.1.1.1.2       US: Athleisure Market, by Category

10.1.1.1.3       US: Athleisure Market, by Distribution Channel

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

10.1.1.2.1       Canada: Athleisure Market, by Type

10.1.1.2.2       Canada: Athleisure Market, by Category

10.1.1.2.3       Canada: Athleisure Market, by Distribution Channel

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

10.1.1.3.1       Mexico: Athleisure Market, by Type

10.1.1.3.2       Mexico: Athleisure Market, by Category

10.1.1.3.3       Mexico: 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.             North America Athleisure Market –Revenue and Forecast to 2028 (US$ Billion)

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

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

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

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

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

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

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

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

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

Table 11.          Glossary of Terms, North America Athleisure Market

 


LIST OF FIGURES

Figure 1.           North America Athleisure Market Segmentation

Figure 2.           North America Athleisure Market Segmentation – By Country

Figure 3.           North America Athleisure Market Overview

Figure 4.           North America Athleisure Market, By Category

Figure 5.           North America Athleisure Market, By Country

Figure 6.           North America Athleisure Market, Industry Landscape

Figure 7.           North America: PEST Analysis

Figure 8.           Expert Opinion

Figure 9.           North America Athleisure Market Impact Analysis of Drivers and Restraints

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

Figure 11.        North America Athleisure Market Revenue Share, by Type (2020 and 2028)

Figure 12.        opwear: 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.        North America 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.        North America 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 North America Athleisure Market

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

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

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

Figure 30.        Mexico: 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
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America athleisure market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the North America athleisure market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth North America market trends and outlook coupled with the factors driving the athleisure market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution  
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