ACTIVEWEAR MARKET IN AUSTRALIA
Gym Wear, Tees, Shorts, Sports Bras, Leggings and yoga pants have gotten so much attention in recent times and these are fashion statements for some. Activewear clothes are now manufactured in sustainable and recycled material.
As the Activewear market is growing in Australia and globally, the opportunities to invest in this industry is rising, there are challenges at times but by seeing market trends, this industry is booming. People are finding it more comfortable to work and exercise as well.
Pandemic has made everyone more fitness enthusiastic. As people are keen on this, there will be high chances of profitability to the business.
AUSTRALIA ACTIVEWEAR MARKET SIZE AND FORECAST
The Australian activewear market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2027, registering a CAGR of XX% from 2022 to 2027.
RECENT DEVELOPMENTS IN ACTIVEWEAR MARKET IN AUSTRALIA
|1.||Aje Athletica||June, 2021|| |
|2.||The Upside||2016 |
RECENT LAUNCH IN THE ACTIVEWEAR MARKET IN AUSTRALIA
Bloch, a leading Australian-based company has launched an activewear line as well as a studio shoe for Pilates and yoga. In addition to its sportswear line, the Australia-based company also introduced a shoe for Pilates, yoga, and Barre. Bloch has set its sights on the lucrative activewear sector and launched a whole line of women’s leggings, cycle shorts, tops, sports bras, loungewear, and footwear.
Bloch plans to launch its activewear collection direct-to-consumer on its e-commerce website, with the hope of securing some wholesale accounts. The Studio Shoe is washable, robust, and helps toes not slip during classes, on the Pilates reformer, or on the ballet bar. It is made with Bloch’s distinctive Hexabloch materials. It wraps around your foot and is sticky on both sides.
THIS REPORT WILL ANSWER FOLLOWING QUESTIONS
- What is the average selling price in the Australian activewear Market right now and how will it change in the next 5-6 years?
- Market share of Australia’s Market manufacturers and their upcoming products
- Cost advantage for OEMs who manufacture Australian Activewear in-house
- 5 key predictions for next 5 years in Australian Activewear Market
- Latest trends in Australian Activewear Market, by every market segment
- The market size (both volume and value) of Australian Activewear Market in 2022-2027 and every year in between
- Global production breakup of Australian Activewear Market, by suppliers and their OEM relationship
- What is happening overall in the Australian activewear market.
- Who are the major players in the Australian activewear market.
- What are the business opportunities in Activewear industry in Australia
- What is the target group ?
- What are the strategic plans for the Australian activewear market in the next 5 years?