Activewear Apparel Market Size to Grow by USD 157.1 billion | Technavio
NEW YORK , March 30, 2022 |PRNewswire| -- The activewear apparel market size is estimated to grow by USD 157.1 bn from 2019 to 2024. Moreover, the growth momentum of the market is expected to accelerate at a CAGR of 11% during the forecast period. Technavio helps companies make effective business decisions through valuable insights. View Our Free Sample Report Now Market Dynamics The product premiumization and innovation are driving the growth of the activewear apparel market is. The use of new technologies and product innovations have enabled manufacturers to come up with activewear apparel that is innovative in terms of design, quality, and features. Vendors in the global activewear apparel market are extending their product lines to include apparel for all age groups and different types of athletic activities. Increasing purchasing power, along with the rising preference for innovative, comfortable, and lightweight activewear apparel, is increasing the sales of such apparel. Product premiumization is increasing the sales of activewear apparel.
Activewear Apparel Market Size to Grow by USD 157.1 billion | Technavio
NEW YORK , March 30, 2022 |PRNewswire| -- The activewear apparel market size is estimated to grow by USD 157.1 bn from 2019 to 2024. Moreover, the growth momentum of the market is expected to accelerate at a CAGR of 11% during the forecast period. Technavio helps companies make effective business decisions through valuable insights. View Our Free Sample Report Now Market Dynamics The product premiumization and innovation are driving the growth of the activewear apparel market is. The use of new technologies and product innovations have enabled manufacturers to come up with activewear apparel that is innovative in terms of design, quality, and features. Vendors in the global activewear apparel market are extending their product lines to include apparel for all age groups and different types of athletic activities. Increasing purchasing power, along with the rising preference for innovative, comfortable, and lightweight activewear apparel, is increasing the sales of such apparel. Product premiumization is increasing the sales of activewear apparel.