LAMEA Sustainable Athleisure Market By Type (Mass and Premium), By Product (Shirt, Yoga Pant, Leggings, Shorts and others), By Gender (Women and Men), By Distribution Channel (Offline and Online), By Country, Industry Analysis and Forecast, 2020 - 2026
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Market Report Description
The Latin America, Middle East and Africa Sustainable Athleisure Market would witness market growth of 12.9% CAGR during the forecast period (2020-2026). The fitness trends have increasingly been popular, which further boost the demand for sports and athletic wear. Sustainable athleisure also finds its application in the corporate culture; a majority of people prefer to wear comfortable casual wear to workplaces. In the modern era, the working population prefers an ideal mix of elegance and functionality, which is encouraging them to purchase more athleisure outfits. Sustainable athleisure is made of high-quality, reliable materials that make it appropriate for numerous fitness and recreational activities such as yoga, running, cycling, and mountain climbing, etc.
The sustainable athleisure market is estimated to develop significantly over the forthcoming years. This is credited to the increasing awareness about physical fitness, growing focus on fashion and personal grooming, augmenting demand for comfortable clothing among the young generation. Also, the growing trend of wearing activewear to workplaces, the increasing popularity of eco-friendly products, higher online availability of these kinds of apparel, and the rising initiatives towards environment sustainability, will push the market growth.
Athleisure is evolving as a lifestyle norm. The versatility of athleisure wear explains the growth of the market in the fashion industry and why consumers are opting for athleisure over other products. Athleisure is derived from ‘athletic’ and ‘leisure’. It provides a fabulous look to the users. In recent years, fitness is no more a hobby; rather it has become a lifestyle.
Based on Type, the market is segmented into Mass and Premium. Based on Product, the market is segmented into Shirt, Yoga Pant, Leggings, Shorts and others. Based on Gender, the market is segmented into Women and Men. Based on Distribution Channel, the market is segmented into Offline and Online. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Adidas AG, Under Armour, Inc., Hanesbrands, Inc., Vuori, Inc., Pangaia, Outerknown, Fashionable, Inc. (ABLE), Eileen Fisher, Inc., Patagonia, Inc., and Wear Pact, LLC.
Scope of the Study
Market Segments Covered in the Report:
- Yoga Pant
By Distribution Channel
- Saudi Arabia
- South Africa
- Rest of LAMEA
- Adidas AG
- Under Armour, Inc.
- Hanesbrands, Inc.
- Vuori, Inc.
- Fashionable, Inc. (ABLE)
- Eileen Fisher, Inc.
- Patagonia, Inc.
- Wear Pact, LLC
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