activewear market uk

While sportswear retailers may be tempted to drop their prices to compete in this playing field, As Chinese New Years approaches, retailers have been capitalizing on the lucky color for their new performance drops. Technavio has been monitoring the activewear apparel market and it is poised to grow by USD 157.1 billion during 2020-2024, progressing at a CAGR of almost 11% during the forecast period. We have a lockdown, "Working from HOME" Please reach out for any queries at: Formats*: All Rights Reserved In 2017, North America dominated the global market accounting for 42.3% However, presence of counterfeit brands, high cost of designing, and volatile cost of raw material, are expected to restrain the market growth. The global women's activewear market was valued at $119,078 million in 2017, and is expected to reach $216,868 million by 2025, registering a CAGR of 7.7% from 2018 to 2025. Targeted market view to provide pertinent information and save time of readers Activewear market size expected to reach $546,802 mn by 2024, at CAGR of 6.5 %.

Activewear Market- Global Opportunity Analysis and Industry Forecast, 2017-2024

Moreover, increase in use of green textile and manufacturing of activewear using sustainable methods is expected to drive the growth of the market in the near future.The report segments the global activewear industry on the basis of product, fabric, and geography. Inside, you’ll discover who’s been sprinting forward with their SEO and who’s being left behind in the dust.

By fabric, it is classified into polyester, nylon, neoprene, polypropylene, spandex, cotton, and others (rayon and lyocell).

Key market trends, growth factors, and opportunities6.4.1. 33092 Views

Rise in promotional activities & initiatives by various organizations4.2.1.

In addition, it is widely accepted by fitness enthusiasts and sports enthusiasts due to its physical activity boosting features such as enhanced grip, wicking function, adequate comfort.

This is something for retailers to bear in mind when promoting summer fitness communications.

It is used for optimum performance supported with comfort in sports activities. Key market trends, growth factors, and opportunities4.4.1. A full suite of products to drive sales and increase retail marginsGlobal retail market data, collected and categorized by our AI engineDashboards to track global price, product and assortment dataExpert industry, trend, and runway analysis, published dailyA full suite of products to drive sales and increase retail marginsGlobal retail market data, collected and categorized by our AI engineDashboards to track global price, product and assortment dataExpert industry, trend, and runway analysis, published dailyActivewear communications may surge in January.

Moreover, volatile cost of raw materials and high cost of designing lead to high cost of the final product.

Pandemic disrupted the entire world and affected many industries.Increase in disposable income and rise in fitness consciousness customers fuel the growth of the global activewear market.



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