Activewear- Market Scope
Active wear is the apparel used by athletes or individuals performing physical activities. It improves performance during sports and other activities. These types of apparel also prevent muscle strains and injuries as they provide proper support and come with excellent fitting. Active wear comes with various features such as breathability, quick drying, static resistance, and thermal resistance, which are boosting market growth.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Decathlon (France), Adidas AG (Germany), Puma SE (Germany), Nike, Inc. (United States), Reebok International Limited (United Kingdom), Under Armour, Inc. (United States), HRX (India), Kica (India), Splits59 (United States), Beyond Yoga (United States), Reliance Retail (India), Aditya Birla Fashion & Retail Limited (India), Blissclub Fitness Private Limited (India) and Lululemon Athletica (Canada) |
CAGR | % |
The companies are exploring the market by adopting mergers and acquisitions, expansions, and partnerships as their preferred strategies. The key players are targeting innovations in solutions with better quality and better technical characteristics. The key players are likely to keep a stronghold on the market over the anticipated period.
Decathlon (France), Adidas AG (Germany), Puma SE (Germany), Nike, Inc. (United States), Reebok International Limited (United Kingdom), Under Armour, Inc. (United States), HRX (India), Kica (India), Splits59 (United States), Beyond Yoga (United States), Reliance Retail (India), Aditya Birla Fashion & Retail Limited (India), Blissclub Fitness Private Limited (India) and Lululemon Athletica (Canada) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of India Activewear- market by Type and Region with country level break-up.
On the basis of geography, the market of Activewear- has been segmented into
. region held largest market share in the year 2022.
Influencing Trend:
Integration of Technologies and Innovation in Fabrics to Improve Performance of Activewear
Market Growth Drivers:
Growing Popularity of Physical Activity Among End Users Due to Rising Health Consciousness
Challenges:
Availability of Large Number of Local Manufacturers in the Indian Market With Cost Effective Activewear
Restraints:
Volatility in Raw Material Prices and Increasing Counterfeit Products May Hamper the Growth
Opportunities:
Rising Adoption of Online Sales Channel Due to Flexibility and Convenience and Initiatives to Promote Health and Fitness and Manufacturing of Active Wear Using Sustainable Methods
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Activewear Manufacturers, Suppliers & Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and Others