The Gym Apparel Market share is estimated to expand at a CAGR of 6.2% over the assessment period. In 2024, the market is expected to generate a revenue worth USD 239.98 billion. By 2034 end, the market size is forecast to expand to USD 438.47 billion.
Attributes | Key Insights |
---|---|
Estimated Gym Apparel Market Size (2024E) | USD 239.98 billion |
Projected Gym Apparel Market Valuation (2034F) | USD 438.47 billion |
Value-based CAGR (2024 to 2034) | 6.2% |
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Gym subscriptions, especially in urban localities, are increasing at a rapid pace. Gym-goers are thus purchasing gym apparel to comfortably and efficiently perform exercises informed by their trainers.
Good portion of gym goers are youngsters and young working professionals. They are frequently spotted at gyms to maintain their physique or add some movement to their otherwise sedentary lifestyle.
Corporations and public institutions too are constructing in-house gyms to promote the health of working professionals. These market dynamics are supporting sales of gym apparel.
Key brands in the market are developing activewear made out of special breathable fabric to ensure optimal body temperature while exercising. Some widely sought fabrics include spandex, calico, and microfiber.
People are purchasing gym apparel products from eCommerce platforms or brands’ websites. Wide collection of workout clothes, easy return policies, new user discounts, and various deals motivate customers to shop for gym apparel online.
Leading Material Type | Nylon |
---|---|
Value Share (2024) | 34.30% |
Nylon is a highly favored material among activewear brands to manufacture gym apparel. Share of nylon in the global market is estimated to be 34.30% in 2034.
Brands use nylon in gym apparel as they offer extreme comfort to the wearer. Nylon is adept at drawing moisture towards the fabric’s surface, allowing it to dry faster. As a result, consumers look for nylon-based gym apparel to avoid any sticky feeling from sweating while exercising at the gym.
Leading Sales Channel | Direct Sales |
---|---|
Value Share (2024) | 31.80% |
Direct sales are on the rise for gym apparel. This sales channel is set to enjoy a share of 31.80% in 2024.
Brands are selling their products on various channels, but direct sales remain the preferred medium for sales of gym apparel. By directly selling to customers, brands gather data on consumer preferences and stock their products accordingly. Another benefit of direct sales is that brands can gain feedback in case a product needs improvement.
Countries | Forecast CAGR (2024 to 2034) |
---|---|
Canada | 5.90% |
France | 5.60% |
India | 11.70% |
China | 9.70% |
Australia | 8.90% |
Spending on gym apparel in Canada is estimated to rise at a CAGR of 5.90% over the assessment period. According to the latest market estimates by FMI analysts, this growth rate is higher than the one in the United States. Thus, suggesting greater business prospects for players in Canada.
Manufacturers in Canada are creating athlete-inspired workout clothing for both genders. The clothing line typically includes leggings, sports bras, shirts and tanks, etc. Gym-going consumers shop for these fitness clothing on online platforms to elevate their workout experience.
Customers are inquiring about custom apparel to meet their likes and preferences. With the growing market for custom apparel, companies have started giving customization options to meet this emerging demand for gym apparel.
Increasing disposable income of people in Canada as well as rising interest in fitness activities is creating demand for premium leggings and activewear. To meet this demand, brands are releasing ultrasoft yoga wear and activewear. Companies further offer hot deals on their collections to rapidly increase their sales.
Consumer demand for gym apparel in France is predicted to report a CAGR of 5.60% from 2024 to 2034. France ranks high in terms of growth than the other countries in Europe.
People in France are committed to physical health and fitness. Therefore, gym memberships are rising at a steady rate. This market situation is opening up opportunities for sellers of gym clothes and workout clothes. Providers of gym clothes are also making extra efforts to ensure their offering is of perfect fit and high quality.
There is an increasing popularity of t-shirts and sweatshirts among people in France as they tend to wear sportswear in daily life.
The gym apparel sales in India are projected to increase at a CAGR of 11.70% in the following decade. Rising economic activities, growing fitness-conscious customers, and increasing disposable income of the population in India are common elements that are driving sales of gym apparel.
The working population in India has busy schedules, which makes it difficult for them to exercise on their own. To make fitness a part of their routine, working professionals are investing in gym memberships and apparel.
Growing customer base for gym apparel is motivating brands in India to offer a wide range of high-quality gym wear, including oversized fits, tank tops, shorts, joggers, etc. The gym clothing brands are selling their product online to reach gym enthusiasts pan India.
Revenue estimation from the sales of gym apparel in China is predicted to expand at a CAGR of 9.70% over the forecast period. Government initiatives, increasing health awareness, and shifting fashion trends in China are creating opportunities for foreign players.
China’s demographics, consisting significantly of millennials and middle-class population, is favoring the leading brands. This is supported by the rising purchases of gym apparel made by young workers who have comparably high disposable incomes and an inclination for more leisure activities like sports.
Gym memberships are also shooting up in China, alongside several marathons held each year. This is expected to continue promoting sales of gym apparel over the next decade.
Emerging businesses in the country are introducing functional activewear to capture specific consumer market and carve a position for themselves. Some players are also integrating eco-friendly materials in their products to capture environmentally conscious customers.
Demand for gym apparel in Australia is expected to observe a CAGR of 8.90% between 2024 to 2034. Growing population of gym fanatics, runners, and occasional at-home exercisers is providing a substantial market for brands to sell their latest workout gear.
Activewear brands in Australia are presenting innovatively designed and brightly colored sports bras, crops, leggings, tanks, crops, t-shirts, etc. This clothing supports their customers through all the marathons, HIIT workouts, yoga classes, and more.
Leading activewear brands in the market like Reebok, Nike, and Adidas are collaborating with A-list celebrities and high-end luxury fashion names. As a consequence of this strategy, they gain visibility among their followers and potentially convert them into purchasers.
Big brands that offer gym apparel are incorporating features like breathable materials and moisture-wicking fabrics to attract a wider population of gym enthusiasts. Companies are also releasing gym apparel made of organic materials and recycled fabrics, as the consumer segment for eco-friendly gym wear increases in size.
Key players are introducing fashionable gym clothes, just in time to leverage the athleisure trend, as customers want to own activewear that looks appealing even outside the gym. Market participants are partnering with fitness influencers and popular athletes to promote their gym apparel.
Competitors are running social media campaigns to engage and direct potential customers to their brand’s website for online purchases. Brands also announce discounts and deals on their social media channels via Posts and Stories to increase their sales rate.
Some gym apparel companies are doubling down on specific niches like weightlifting, yoga, etc., where they observe rapid turnovers.
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For the year 2024, the gym apparel industry is estimated to be valued at USD 239.98 billion.
The adoption rate of gym apparel is calculated to be around 6.2% for the forecast period.
The market revenue is expected to shoot up to USD 438.47 billion by 2034.
Nylon is extensively used material to develop gym apparel.
India is expected to offer significant growth opportunities for businesses to prosper in the future.
Dick’s Sporting Goods Inc., G-III Apparel Group Ltd., and Gildan Activewear Inc. are influential players in the gym apparel industry.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Product Type 5.1. Shirts 5.2. Pants 5.3. Shorts 5.4. Sweatshirts 5.5. Hoodies 5.6. Tank-Top 5.7. Others 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Material Type 6.1. Nylon 6.2. Wool 6.3. Polyester 6.4. Others 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Consumer Orientation 7.1. Men 7.2. Women 7.3. Unisex 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Sales Channel 8.1. Direct Sales 8.2. Franchised Stores 8.3. Specialty Stores 8.4. Online Stores 8.5. Mono Brand Stores 8.6. Wholesalers 8.7. Retailers 8.8. Other Sales Channel 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region 9.1. North America 9.2. Latin America 9.3. Western Europe 9.4. Eastern Europe 9.5. South Asia and Pacific 9.6. East Asia 9.7. Middle East and Africa 10. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 11. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 12. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 13. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 14. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 15. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 16. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 17. Key Countries Market Analysis 18. Market Structure Analysis 19. Competition Analysis 19.1. Adidas AG 19.2. ASICS Corp 19.3. Columbia Sportswear 19.4. Dick’s Sporting Goods Inc. 19.5. Gildan Activewear Inc. 19.6. Hanesbrands Inc. 19.7. Nike Inc. 19.8. PUMA SE 19.9. New Balance 19.10. VF Corp 20. Assumptions & Acronyms Used 21. Research Methodology
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