United Kingdom Athleisure Market Size, Share, and COVID-19 Impact Analysis, By Type (Mass Athleisure and Premium Athleisure), By Product (Yoga Apparels, Hoodies, Shirts, Leggings, Shorts, and Others), and United Kingdom Athleisure Market Insights, Industry Trend, Forecasts to 2033.
Industry: Consumer GoodsUnited Kingdom Athleisure Market Insights Forecasts to 2033
- The U.K. Athleisure Market Size was valued at USD 18,901.4 Million in 2023.
- The Market is Growing at a CAGR of 7.76% from 2023 to 2033
- The UK Athleisure Market Size is Expected to Reach USD 39,912.6 Million by 2033
Get more details on this report -
The U.K. Athleisure Market is Anticipated to Reach USD 39,912.6 Million by 2033, growing at a CAGR of 7.76% from 2023 to 2033.
Market Overview
Athleisure is a fashion trend that blends sporting or athletic components to provide both comfort and style. It includes shorts, jackets, tops, hoodies, tights, shirts, leggings, tights, and sports bras. Stretchy and lightweight fabrics including spandex, nylon, polyester, and polypropylene are used in its production. Wearers benefit from breathability, comfort, durability, versatility, and flexibility when engaging in various physical activities such as yoga, dancing, and hiking. Athleisure is becoming more and more popular worldwide since it helps to minimize body odor and lessen skin irritation and itching. Additionally, a growing number of people in the UK are focusing on staying fit and participating in various physical activities, such as cycling, yoga, weightlifting, Pilates, martial arts, hiking, and Zumba, as a result of the rising prevalence of chronic diseases and the resulting increase in social awareness of health issues.
Report Coverage
This research report categorizes the market for the UK athleisure market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United Kingdom athleisure market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the U.K. athleisure market.
United Kingdom Athleisure Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 18,901.4 Million |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 7.76% |
2033 Value Projection: | USD 39,912.6 Million |
Historical Data for: | 2019-2022 |
No. of Pages: | 210 |
Tables, Charts & Figures: | 102 |
Segments covered: | By Type, By Product and COVID-19 Impact Analysis |
Companies covered:: | Nike, Adidas, Puma, New Balance, Sweaty Betty, Decathlon, Mountain Warehouse and Others key vendors. |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
Get more details on this report -
Driving Factors
Athleisure demand is predicted to rise as a result of young people in the UK becoming more and more interested in sports and outdoor recreation. A major driver of this trend is the growing consciousness of health and fitness, which is driving up demand for fashionable yet comfortable apparel. Furthermore, the most popular sport among people in England from November 2022 to November 2023 was leisure walking. Over 23 million people in the nation took at least two leisurely walks in four weeks. In contrast, approximately 3.3 million individuals in England engaged in team sports at the same level of regularity throughout that time. The UK athleisure sector is being driven further by the increase in sports participation and activity brought on by a healthier lifestyle. Additionally, in the UK, the growing popularity of athleisure across all age groups is greatly increasing demand for these items for daily use. Customers now place a higher value on clothing that can be worn for a variety of everyday activities because they want to be fit and healthy. One of the main elements driving the demand for athleisure in the UK is the growing number of people engaging in outdoor activities like hiking, marathons, and camping.
Restraining Factors
Compared to a heater, replacing a boiler is more expensive. Consequently, the cost of upgrading from an outdated heating system to a boiler heating system is higher, which is expected to limit market expansion throughout the projection period.
Market Segmentation
The UK athleisure market share is classified into type and product.
- The mass athleisure segment is expected to hold the greatest market share through the forecast period.
The U.K. athleisure market is segmented by type into mass athleisure and premium athleisure. Among these, the mass athleisure segment is expected to hold the greatest market share through the forecast period. Mass athleisure provides accessible and reasonably priced athleisure clothing and accessories to appeal to a wider range of customers. Additionally, the industry is expanding due to the growing use of mass athleisure during working hours, which offers increased comfort and flexibility.
- The yoga apparels segment is anticipated to hold a significant share of the United Kingdom athleisure market during the forecast period.
Based on the product, the UK athleisure market is divided into yoga apparels, hoodies, shirts, leggings, shorts, and others. Among these, the yoga apparels segment is anticipated to hold a significant share of the United Kingdom athleisure market during the forecast period. Yoga sweatshirts, including tops, pants, unitards, capris, and other items, are becoming more and more popular among fitness enthusiasts in UK. Additionally, yoga is becoming more popular since it helps individuals keep their bodies and minds in good condition.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the U.K. athleisure market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Nike
- Adidas
- Puma
- New Balance
- Sweaty Betty
- Decathlon
- Mountain Warehouse
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at the UK, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the United Kingdom Athleisure Market based on the below-mentioned segments:
United Kingdom Athleisure Market, By Type
- Mass Athleisure
- Premium Athleisure
United Kingdom Athleisure Market, By Product
- Yoga Apparels
- Hoodies
- Shirts
- Leggings
- Shorts
- Others
Need help to buy this report?