16 Oct
2023
Athleisure is an emerging fashion trend that offers comfortable and aesthetically appealing apparel. This trend has taken the world by combining sportswear and casual wear, providing eye-catching outfits for people of all ages. Nowadays, athleisure apparel is becoming a lifestyle among individuals as this type of clothing is designed with materials that are highly breathable, and moisture-wicking. Apart from providing enhanced comfort and flexibility, athleisure clothing is also durable. Athleisure apparel includes a wide range of items, such as hoodies, leggings, footwear, sweatpants, and many more. This blog comprises the vital changes happening in the athleisure market, including product launches and the contribution of top players in the industry.
Smart reasons dragging individuals to embrace athleisure:
Athleisure comes out from the concept of combining “athletic” and “leisure” and offers an attractive clothing option for all fitness-loving individuals. It bridges the gap between fitness and fashion. Today, many athleisure clothing manufacturers are broadly focusing on people’s psychological health along with using high-quality skin care materials in their apparel. For instance, manufacturers have started putting fluorescent-colored patches in sportswear so that individuals would feel faster. This combination of comfort and emotions can boost performance vitally.
Another important reason for adopting athleisure is to ditch itching and bad odor. Athleisure can fix skin-related issues such as sweating and stinking. Nowadays, leading apparel brands and retailers are utilizing advanced technologies to design athleisure flawlessly hypoallergenic and anti-bacterial. Today, many manufacturers have started using Bamboo as a natural fiber, and silver ions as an anti-microbial agent to make apparel suitable for all skin types.
Furthermore, changing climatic conditions and balancing temperature has become a new struggle among individuals. Athleisure clothing manufacturing brands are giving importance to maintaining and regulating body temperature. To combat this rising issue, activewear brands have started using wool as the best-performance fabric that is sustainable, moisture-wicking, thermoregulating, and odor-neutralizing. All these favorable approaches of renowned brands producing athleisure can bring immense growth opportunities for the market in the upcoming epoch.
As per a new report published by Allied Market Research, the athleisure market is predicted to rise at a CAGR of 5.2% over the analysis period from 2023 to 2032.
New product launches:
Owing to the growing interest in comfort and contemporary style apparel among individuals, many leading athleisure clothing- or footwear-making companies have come up with innovative product launches. A notable example is the Power Acti-Wear by Bata, a leading Indian footwear retailer. This newly designed footwear is mainly for fitness enthusiasts to enjoy comfort and fashion together.
Mergers and acquisitions:
The athleisure market has undergone several mergers and acquisitions among leading market players to foster competitive insights. For instance, the Coats Group plc., a leading British-based industrial thread manufacturer announced its acquisition of Texon, a renowned provider of premium structural components and materials for the footwear and apparel industries. With this acquisition, the companies aimed to focus on sustainable innovation of high-performance materials to produce fascinating premium athleisure footwear.
To sum up, the athleisure market is experiencing promising growth owing to the growing trend of health and wellness among individuals globally. Moreover, the surging demand for various athleisure products among the fitness-conscious crowd may bolster the market’s growth in the forthcoming years.
Rosy Behera
Author's Bio- Rosy Behera holds a bachelors degree in Electrical and Electronics Engineering and now she is a content writer by profession. She loves to portray her thoughts and ideas with a nice command of words. Grabbing an audience with her creative write-ups is one of her biggest assets so far. Apart from writing, she is a certified Odisi dancer and has done Gardharva in Drawing, Painting, and Arts. She always explores new things through travel and is a big foodie.
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