Tracksuit Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2021-2031

The Global Tracksuit Market is projected to expand from USD 12.17 Billion in 2025 to USD 19.43 Billion by 2031, reflecting a compound annual growth rate of 8.11%. This market consists of matching athletic ensembles comprising jackets and trousers, engineered for both physical exercise and leisure activities. Growth in this sector is largely fueled by a heightened consumer focus on health and wellness, alongside the seamless incorporation of comfortable sportswear into daily fashion. As noted by the World Federation of the Sporting Goods Industry in 2024, the global sporting goods industry maintained a 7 percent annual growth rate between 2021 and 2024, signaling robust foundational demand for functional apparel like tracksuits across various demographics.

However, significant obstacles to market expansion exist due to ongoing macroeconomic volatility and inflationary pressures. These economic conditions erode consumer disposable income, leading to more prudent spending on non-essential clothing. Additionally, manufacturers face mounting costs for logistics and production inputs, creating a challenging dynamic where they must carefully manage price increases to maintain consumer interest without sacrificing profitability in a competitive landscape.

Market Drivers

The surging global popularity of athleisure and streetwear culture serves as a major driver, transforming tracksuits from purely athletic gear into versatile lifestyle essentials. This cultural evolution encourages consumers to buy coordinated sets that deliver both physical functionality and the aesthetic style necessary for social interaction. Consequently, sports fashion retailers have reported significant revenue gains as these outfits become wardrobe staples. For instance, JD Sports Fashion PLC reported in May 2024 that revenue reached £10.5 billion for the period ending February 3, 2024, highlighting continued momentum in the sector. Similarly, Lululemon Athletica Inc. noted in its March 2024 Annual Report that fiscal 2023 net revenue rose by 19% to $9.6 billion, demonstrating the high profitability of premium athleisure that prioritizes coordinated apparel.

Concurrently, increasing consumer preference for eco-friendly and sustainable materials is pushing manufacturers to overhaul their textile compositions and supply chains. To align with growing environmental awareness and regulatory requirements, companies are substituting virgin synthetics with organic cotton and recycled fibers. This shift necessitates balancing ecological duties with the durability needed for performance wear. As an example, Adidas AG stated in its March 2024 Annual Report that it achieved a milestone where 99% of the polyester utilized in its products was recycled. This figure highlights the industry's rapid move toward circularity, with major brands investing heavily in green technologies to ensure future market relevance amidst shifting consumer values.

Market Challenges

Ongoing macroeconomic instability and inflationary pressures constitute a major hurdle for the Global Tracksuit Market's growth. These adverse economic factors diminish real disposable income, forcing consumers to curb expenditure on discretionary products like matching athletic wear. As households prioritize essential items, the demand for tracksuits declines despite a continued interest in health and fitness. This trend places manufacturers in a difficult position, as they struggle to pass on escalating logistics and production costs to a customer base that is already financially squeezed.

The consequences of this economic stress are reflected in recent industrial performance data, which reveals a distinct drop in business confidence. According to the International Textile Manufacturers Federation in April 2025, 62 percent of survey respondents globally cited weak demand resulting from these market conditions as their primary concern. This statistic underscores a substantial slowdown in industry activity, illustrating how economic volatility directly hampers the tracksuit sector's projected growth by suppressing consumer purchasing power and compressing manufacturer margins.

Market Trends

The market is being significantly shaped by a resurgence of vintage 80s and 90s retro aesthetics, with consumers increasingly favoring heritage designs that spark nostalgia. This trend marks a shift away from minimalist technical gear toward tracksuits characterized by oversized silhouettes, bold color-blocking, and conspicuous archival logos. Leading manufacturers are capitalizing on this movement by reinvigorating their legacy lines to attract style-conscious buyers who value authenticity over strict athletic performance. For example, Adidas AG reported in March 2024 that currency-neutral revenues for its heritage-centric Originals division grew at a mid-single-digit rate, highlighting it as a robust growth engine during a difficult economic period for the wider industry.

At the same time, the expansion of Direct-to-Consumer customization services is fundamentally altering distribution strategies within the sector. Brands are deliberately moving away from reliance on third-party wholesalers to interact directly with end customers, a strategy that improves margins and facilitates exclusive, personalized product launches. This vertical integration enables companies to manage their brand narrative and quickly adjust inventory to match specific consumer tastes. According to Puma SE’s March 2024 Annual Report, currency-adjusted direct-to-consumer sales rose by 17.5 percent, emphasizing the financial effectiveness of focusing on owned channels to provide limited-edition apparel and tailored brand experiences.

Key Players Profiled in the Tracksuit Market

• Adidas AG
• H&M Hennes & Mauritz AB
• Hanes Brands Inc.
• Monte Carlo Fashions Ltd.
• Wildcraft.
• Jack & Jones
• Under Armour, Inc.
• Puma Se
• Nike, Inc.
• ASICS Corporation

Report Scope

In this report, the Global Tracksuit Market has been segmented into the following categories:

Tracksuit Market, by Material:

• Cotton
• Fiber
• Wool
• Others

Tracksuit Market, by End User:

• Men
• Women
• Kids

Tracksuit Market, by Sales Channel:

• Hypermarkets/Supermarkets
• Multi Branded Stores
• Online
• Others

Tracksuit Market, by Region:

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Tracksuit Market.

Available Customization

The analyst offers customization according to your specific needs. The following customization options are available for the report:

• Detailed analysis and profiling of additional market players (up to five).

This product will be delivered within 1-3 business days.