Rising awareness around personal health and fitness remains a key growth driver, particularly among younger generations like Millennials and Gen Z. These age groups are embracing active lifestyles with greater enthusiasm than ever before, fueling the demand for functional and fashion-forward activewear. From gym workouts and yoga to hiking and outdoor recreational sports, consumers want clothing that performs just as well as it looks. Activewear is increasingly becoming a wardrobe essential, aligning with the broader lifestyle trend of wellness-centric living. Consumers across age groups and income levels now prioritize comfort, movement, and multipurpose use in their clothing choices, making performance apparel a go-to solution for everyday needs.
In terms of product categories, apparel continues to lead the global activewear landscape, generating USD 262.5 billion in 2024 and projected to hit USD 512.7 billion by 2034. Its market dominance is driven by versatile products like leggings, tank tops, joggers, and sports bras that meet the needs of both casual wearers and fitness enthusiasts. As hybrid work patterns redefine dress codes, demand for high-quality, stylish, and durable apparel is accelerating. Shoppers are increasingly looking for pieces that offer both form and function- garments that transition seamlessly between workouts, errands, and informal professional settings.
On the pricing spectrum, the mid-tier segment accounted for 50% of the market share in 2024, generating USD 201.9 billion. This segment appeals to the largest share of consumers by offering quality, durability, and trend-right design at accessible price points. These products deliver performance without the luxury price tag, attracting loyal customers who value long-term utility and reputable branding.
The United States Activewear Market generated USD 135.1 billion in 2024 and is forecasted to grow at a CAGR of 6.8% through 2034. Growth in the US market is supported by high disposable income, a strong fitness culture, and increasing consumer preference for wellness-driven lifestyles. Americans continue to invest in activewear not just for workouts but for everyday comfort and functionality, pushing brands to offer premium designs with sustainability at the core.
Leading companies such as Gymshark, Lululemon Athletica Inc., NIKE, VF Corporation, Squat Wolf, New Balance, Adidas AG, Columbia Sportswear Company, Champion, Under Armour Inc., Fila Holdings Corporation, ASICS Corporation, ASOA PLC, Patagonia, PUMA SE, and Skechers are capitalizing on global expansion strategies and innovation. These brands are enhancing material science, scaling direct-to-consumer sales, and leveraging influencer collaborations to build stronger community connections. With a growing emphasis on eco-consciousness and tech-integrated designs, the competition in the activewear space continues to intensify.
Comprehensive Market Analysis and Forecast
- Industry trends, key growth drivers, challenges, future opportunities, and regulatory landscape
- Competitive landscape with Porter’s Five Forces and PESTEL analysis
- Market size, segmentation, and regional forecasts
- In-depth company profiles, business strategies, financial insights, and SWOT analysis
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Table of Contents
Companies Mentioned
The companies featured in this Activewear market report include:- Adidas AG
- ASICS Corporation
- ASOA PLC
- Champion
- Columbia Sportswear Company
- Fila Holdings Corporation
- Gymshark
- Lululemon Athletica Inc.
- New Balance
- NIKE
- Patagonia
- PUMA SE
- Skechers
- Squat Wolf
- Under Armour Inc.
- VF Corporation
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 150 |
Published | April 2025 |
Forecast Period | 2024 - 2034 |
Estimated Market Value ( USD | $ 404 Billion |
Forecasted Market Value ( USD | $ 786.6 Billion |
Compound Annual Growth Rate | 6.9% |
Regions Covered | Global |
No. of Companies Mentioned | 17 |