How Has the Gym Apparel Market Size Evolved in Recent Years?
The gym apparel market has seen considerable growth due to a variety of factors.
• The gym apparel market has grown significantly in recent years. It will increase from $229.68 billion in 2024 to $247.41 billion in 2025, at a compound annual growth rate (CAGR) of 7.7%.
This growth is due to greater awareness of fitness and health, the athleisure trend, celebrity endorsements, technological innovations, and the rise of e-commerce.
What are the Market Size and Expected Growth Rates for the Gym Apparel Market?
The gym apparel market is expected to maintain its strong growth trajectory in upcoming years.
• The gym apparel market is projected to grow strongly, reaching $328.32 billion by 2029 at a CAGR of 7.3%.
This growth is driven by sustainability efforts, digitalization, health and wellness trends, and innovation in performance wear. Trends will include the rise of DTC brands, inclusivity, sustainability, and integration of AR/VR in apparel.
Which Key Drivers Are Propelling The Gym Apparel Market's Growth?
The rising focus on health and fitness is expected to drive the growth of the gym apparel market. More people are prioritizing their well-being and adopting fitness routines for improved quality of life. Gym apparel is designed to optimize performance, with moisture-wicking fabrics providing comfort during workouts. For example, in September 2023, PureGym Limited reported a 2% increase in gym memberships in the UK, with 16% of the population currently being members. As a result, the increasing focus on health and fitness will propel the gym apparel market.
What Are The Key Segments Within The Global Gym Apparel Market?
The gym apparel market covered in this report is segmented –
1) By Product Type: Top Wear, Bottom Wear, Other Product Types
2) By Material Type: Nylon, Wool, Polyester, Other Material Types
3) By Distribution Channel: Supermarkets And Hypermarkets, Brand Outlets, Specialty Stores, Wholesalers Or Retailers, Mono-brand Stores, Online E-Commerce Retail, Other Distribution Channels
4) By End User: Men, Women, Children, Unisex
Subsegments:
1) By Top Wear: T-Shirts, Tank Tops, Sports Bras, Long-Sleeve Tops, Jackets And Hoodies, Sweatshirts, Other Top Wear
2) By Bottom Wear: Leggings And Tights, Joggers, Shorts, Sweatpants, Compression Pants, Capris, Other Bottom Wear
3) By Other Product Types: Sports Shoes And Sneakers, Gym Accessories, Socks, Workout Gloves, Headbands And Wristbands, Sports Belts, Other Gym Apparel Accessories
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What Trends Are Shaping The Gym Apparel Market?
Firms within the gym attire industry are creating unique products made from environmentally friendly and recyclable materials like organic cotton workout outfits, luring eco-aware consumers and carving a unique place in the fiercely competitive market. The organic cotton workout garments commonly boast of their breathability, sweat-resistance, and comfort, rendering them apt for various physical exercises. Illustratively, Adidas AG, a German brand specializing in sportswear and shoes, unveiled a new sports outfit collection in September 2022. The collection includes a variety of flexible items designed with simple aesthetics, all of which comprise a minimum of 50% organic cotton. The offerings comprise a women's ribbed dress, a standard tee for men combined with woven pants and a coach jacket, and an oversized hoodie for women, paired with a ribbed crop top and biker shorts, amongst other alternatives. Additionally, the women's Ultraboost 22 Made with Nature integrates the cutting-edge features of the Ultraboost 22, amplifying them with elements from nature.
Who Are the Key Players In The Gym Apparel Market?
Major companies operating in the gym apparel market are:
• Nike Inc.
• Adidas AG
• Under ArmourInc.
• Puma SE
• Columbia Sportswear Company
• New Balance AthleticsInc.
• Lululemon Athletica Inc.
• Fila Holdings Corp.
• Ralph Lauren Corporation
• Iconix International
• ASICS Corporation
• VF Corporation
• Skechers USAInc.
• Anta Sports Products Limited
• Li Ning Company Limited
• Decathlon Group
• Hanesbrands Inc.
• Mizuno Corporation
• The North FaceInc.
• Umbro International Limited
• Reebok International Limited
• Brooks Sports Inc.
• Iconix International
• Reebok International Limited
• Patagonia Inc.
• Karhu Holding BV
• Umbro International Limited
What Are The Regional Insights Into The Gym Apparel Market?
North America was the largest region in the gym apparel market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the gym apparel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
