Active Wear Market Size, Status by Top Manufacturers, Region, Type, Market Trend, Application, Growth Rate, and Future Forecast

(EMAILWIRE.COM, January 08, 2019 ) Global Active Wear Industry was valued at USD 35.35 Billion in the year 2017. Active Wear Industry is further estimated to grow at a CAGR of 6.6% from 2019 to reach USD 58.50 Billion by the year 2025. North America region holds the highest Industry share in 2017 and the Asia Pacific is considered as the fastest growing Industry in the forecasted period. At a country level, China is projected to grow strongly in the coming years.

Major market players in Active Wear Industry are Adidas AG, ASICS America Corp., Columbia Sportswear Company, DICKS Sporting Goods, Gap Inc., Nike Inc., THE NORTH FACE, A VF COMPANY, PVH Corp., Puma, Under Armour Inc., and brief overview of 10 companies is provided in the report. Rising research and development expenses to cater to the changing demand of end users. Similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.

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SWOT Analysis of Active Wear Industry:
Strength:
Rising health consciousness and growing adoption of healthy lifestyle

Weakness:
Volatile cost of raw materials and inflated cost of designing.
Availability of counterfeit products at large scale.

Opportunities:
The rise of E-commerce industry and easy availability of active wear products
Product innovation and Shift in the trend towards athleisure wear

Threats:
Intense competition has developed among the producers.
The high cost of products.

The active wear Industry report is segmented into two parts By Product type and Fabric. In the product segment, the fashion outer segment contributes to the highest Industry share.

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Active Wear Industry Segmentation:
By Fabric
Polyester
Nylon
Neoprene
Polypropylene
Spandex
Cotton
Others (Rayon and Lyocell)

By Product Type
Ready to wear
Fashion outer, pants and t-shirts
Rash guard, wetsuit, and swimwear
Shoes (Sports shoes, Aqua shoes, and Aqua socks)

By Region
North America
o USA
o Canada
Europe
o Germany
o U.K.
o France
o Italy
o Rest of Europe
APAC
o China
o India
o Japan
o Rest of Asia-Pacific
RoW
o Latin America
o Middle East & Africa