The global gym apparel market is set for robust growth, with a projected compound annual growth rate (CAGR) of 6.2% from 2024 to 2034. As a result, the market is estimated to generate revenue of USD 239.98 billion in 2024 and reach USD 438.47 billion by the end of the forecast period.
The gym apparel market is driven by several key trends, including increasing gym subscriptions, especially in urban areas, and a growing focus on fitness among younger generations and working professionals. This has resulted in heightened demand for comfortable, performance-oriented activewear to support a variety of exercise routines.
Opportunities and Trends Fueling Market Growth
Gym-goers, particularly millennials and young professionals, are fueling the demand for specialized gym apparel. These consumers are seeking high-quality, breathable fabrics such as spandex, calico, and microfiber, which are essential for comfort and performance during exercise.
With the rise of e-commerce platforms and direct-to-consumer sales models, gym apparel brands are capitalizing on online retail channels to increase market reach. Features like wide selections, easy return policies, and exclusive discounts are attracting consumers to shop for activewear online.
Category-Wise Insights
- Nylon: Accounting for a significant 34.3% of the global market by 2034, nylon is the leading material used in gym apparel due to its moisture-wicking properties, which help athletes stay dry and comfortable during their workouts.
- Direct Sales: This channel is projected to hold a 31.8% share in 2024, as brands increasingly use direct sales to connect with consumers and gather valuable data to optimize their offerings.
Regional Insights
- Canada: Gym apparel sales in Canada are forecast to grow at a CAGR of 5.90% through 2034. Rising disposable incomes and an increasing interest in fitness are driving demand for high-quality, custom activewear.
- France: The French market is set to expand at a CAGR of 5.60%, with increasing gym memberships and a shift toward casual sportswear driving demand for comfortable gym apparel.
- India: With a remarkable forecast CAGR of 11.70%, India is experiencing rapid growth in gym apparel sales. Increasing fitness consciousness and busy working professionals investing in gym memberships are key growth drivers.
- China: The Chinese gym apparel market is projected to grow at a CAGR of 9.70%, with millennials and the middle-class population leading the demand for functional, eco-friendly activewear.
- Australia: The Australian market is expected to see a CAGR of 8.90%, fueled by a growing population of gym enthusiasts and strategic partnerships between leading brands and celebrities to boost visibility and sales.
Key Players in Gym Apparel Market
- Adidas AG
- ASICS Corp
- Columbia Sportswear
- Dick’s Sporting Goods Inc.
- G-III Apparel Group Ltd.
- Gildan Activewear Inc.
- Hanesbrands Inc.
- Nike Inc.
- PUMA SE
- PVH Corp
- VF Corp
- New Balance
- Others
Recent Developments
- In March 2024, Fitness Junkie, a key influencer in the fitness apparel market, announced that it is partnering with Spartan, a distinguished player in obstacle course races, and More Hearts Than Scars, an esteemed NGO. This collaboration reinforced Fitness Junkie’s commitment to transform the lives of people with community support and power of fitness.
- In June 2023, lululemon, a global athletic apparel brand, chose Zalando to reach millions of customers in Europe. Zalando’s assortment is enriched with the brand’s innovative accessories and apparel, which is going to attract more customers.
- In August 2023, Jonathan Isaac, a professional basketball player, introduced his athletic apparel firm that is targeted at conservatives and Christians. With the launch of this company, the sports player has given faith-loving, freedom-loving Americans an option to purchase with their values.
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Gym Apparel Market Research by Categories
By Product Type:
- Shirts
- Pants
- Shorts
- Sweatshirts
- Hoodies
- Tank-top
- Others
By Material Types:
- Nylon
- Wool
- Polyester
- Others
By Consumers Orientation:
- Men
- Women
- Unisex
By Sales Channel:
- Direct Sales
- Franchised Stores
- Specialty Stores
- Online Retailers
- Mono Brand Stores
- Wholesalers or Retailers
- Other Sales Channel
By Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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