Supermarkets & Hypermarkets segment to dominate the Asia Pacific Athleisure Market during 2020–2028

According to a new market research study on “Asia Pacific Athleisure Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Type, Category, and Distribution Channel” is expected to reach US$ 247.48 million by 2028 from US$ 122.77 million in 2021. The market is estimated to grow at a CAGR of 10.5% from 2021 to 2028. The report provides trends prevailing in the Asia Pacific athleisure market along with the drivers and restraints pertaining to the market growth. Strengthening demand from millennials, growing trend of sustainable athleisure, and strengthening demand from millennials are the major factor driving the growth of the Asia Pacific athleisure market. However, reach of counterfeit brands hinders the growth of Asia Pacific athleisure market.

The Asia Pacific athleisure market is segmented on the basis of type, category, and distribution channel, and country. Based on type, the market is segmented into topwear, bottomwear, footwear, and others. In 2020, the bottomwear segment held a larger share of the market; and the footwear segment is expected to register a higher CAGR during the forecast period. Based on category, the Asia Pacific athleisure market is segmented into men, women, unisex, and kids. In 2020, the men segment held the largest market share; and the women segment is expected to register the highest CAGR in the market during the forecast period. Based on distribution channel, the market is segmented into supermarkets & hypermarkets, specialty stores, online retail, and others. In 2020, the supermarkets & hypermarkets segment held a larger share of the market; and the online retail segment is expected to register a higher CAGR during the forecast period. Based on country, the Asia Pacific athleisure market is segmented into China, Japan, India, Australia, South Korea, and Rest of Asia Pacific. In 2020, China held the largest market share; and India is expected to grow at the fastest CAGR during the forecast period.

Adidas AG; ASICS India Pvt. Ltd.; Athleta LLC; Authentic Brands Group LLC; Columbia Sportswear Company; H & M Hennes & Mauritz AB; lululemon athletica; Nike, Inc.; PUMA SE; and Under Armour, Inc. are among the leading companies in the Asia Pacific athleisure market.

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