What is Athleisure Personal Care Market?
Athleisure personal products are widely used during exercising or gym. Athleisure skincare or beauty products provide hydration and extra protection while working out. Increasing Disposable income of people and growing awareness about personal care and wellness will boost the market.
Highlights from Athleisure Personal Care Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Lululemon Athletica (Canada), Clariant (Switzerland), Nike (United States), Adidas (Germany), Omya Kinetik (United States), Cava Athleisure (India), Truerevo () and Frella International (Sri Lanka) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Lululemon Athletica (Canada), Clariant (Switzerland), Nike (United States), Adidas (Germany), Omya Kinetik (United States), Cava Athleisure (India), Truerevo () and Frella International (Sri Lanka) are some of the key players profiled in the study. Athleisure Personal Care Market Segmentation:
Scope | Sub-Segments |
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Type | Body Care, Skincare, Apparel, Face Masks and Others |
Sales Channel | Online,Offline |
Age Group | <18 Years Old,18-24 Years Old,25-65 Years Old,>65 Years Old |
Gender | Men,Women |
On the basis of geography, the market of Athleisure Personal Care has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Product Innovations and Focus on the Launch of New Athleisure Category
Market Growth Drivers:
Growing Desire for Wellness Among the Consumers will Drive the Athleisure Personal Care Products and Growing Popularity of Sweat Proof or No Sweat Skin Care Products among the Gym going Population
Challenges:
Increasing Penetration of Global Brands in the Athleisure Personal Care Market
Restraints:
Slow Adoption by the Lower to Middle-Class Households Due to High Cost
Opportunities:
High Growth of Athleisure Apparels in the US Clothing Market
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Athleisure Personal Care Manufacturers, Suppliers and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and Others
Market Leaders & Development Strategies
In August 2021, Clariant acquires a wholly owned stake in the Brazilian personal care specialist. Beraca's remaining 70% acquisition is a related component of its strategy to further strengthen individual core business areas through targeted acquisitions.
In September 2019, Omya acquires Kinetik Technologies, a US specialty personal care distributor. The acquisition marks another important milestone in Omya's strategy. To highlight synergies with Omya's portfolio of specialty minerals and cellulosic spheres, as well as to strengthen its position among the premier specialty distributors in the global consumer market.