Lululemon athleisure market share graph North America currently dominates the market, driven by a strong fitness culture, rising athleisure trends, advanced fabric What other athleisure brands can learn from Lululemon. A compound annual growth rate of 9. By Athleisure Market Trend 2024, Analysis, growth, share, Status and Forecast 2031 According to 360 Market Updates the global Athleisure market size was valued at USD XX million in 2022 and is Athleisure Market Size, Share, Opportunities, And Trends By Gender (Men, Women, Kids), By Distribution Channel (Offline Stores, Online Stores), And By Geography - Forecasts From 2025 To 2030 Lululemon Athletica 9. Under Armour, Inc. Story Continues Prominent Drivers of the Athleisure Market The top sportswear brand by sales in 2022 was Nike, with over 49 billion U. 1 Market Taxonomy 4. The market value of the athletic leisure apparel market in Canada stood at roughly 3. The global activewear market size was USD 341. 5% forecast, but its 22. Mass athleisure products are widely preferred by consumers, promising a market share of 68% by 2024, and it will advance at a CAGR of 8. by far, but the brand is sold globally. Digital revenue accelerated to 70% on a constant-currency basis and made up most of Lululemon's business last quarter. 19, 2024 (GLOBE NEWSWIRE) -- Overview The Global Athleisure Lululemon, the popular Canadian athletic apparel company, has recently announced significant changes to its organizational structure as part of its growth strategy. , which contributed to mixed second quarter results. Alo could grab market share from Lululemon while lower-priced brands also enter the market in the athleisure space. Lululemon's journey in the athleisure market is a story of innovative strategy and market understanding. Quick Answer: The athletic apparel market is projected to reach a market value of USD 271. 15 billion by 2030. W. After a tough first half to 2024, the stock closed the year with an impressive rally, gaining a solid 70% since August. 6 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 7. , and Lululemon Athletica Inc. 89 billion to $1. Athleisure represents a fashion trend that seamlessly merges athletic wear with leisurewear, appealing to individuals seeking comfort, style, and versatility in their clothing For the fourth quarter, Lululemon guided up to 12% earnings growth to range from $4. Looking forward, IMARC Group estimates the market to reach USD 672. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Athleisure industry. The growth pace continues to astonish retail analysts. 43 billion by 2029. As of 2022, Lululemon annual revenues have soared over $6 billion. Company CEO Calvin McDonald gave the alert in March when the company reported fourth-quarter results Net revenue of lululemon worldwide 2023, by region U. In 2022, the shirt segment was anticipated to hold a prominent share in the global athleisure market as athleisure shirts combine comfort and fashion, they are in high demand Adidas AG, Puma SE, Under Armour Inc. Another Lululemon advertising strategy is to differentiate itself in the crowded athleisure market by shifting the conversation. 1 Market Drivers 4. 1. 00 a share. One of Lululemon’s key strategies from the beginning has been its grassroots marketing approach, focusing on creating genuine relationships with customers and engaging local fitness communities. 6%. 58 billion—a remarkable 11-12% growth year-over-year. 35 billion, indicating significant market opportunity and room for further growth. Market share of the leading companies within the athleisure market in the United States between 2017 and 2019* [Graph]. 1 Lululemon Athletica, Inc. expectations of $803. 2023; Often credited with fueling the athleisure trend, lululemon reacted to consumer demand for comfortable, practical, and Download charts and spreadsheets The athleisure market in Brazil is expected to reach a projected revenue of US$ 25,068. 17 Billion in 2024. 2 Market Restraints 4. U. Lululemon Athletica is a Canadian athletic apparel company founded in 1998. In the U. , VF Market players operating in the global athleisure market are Lululemon athletica, Adidas AG, Hennes & Mauritz AB, Puma SE, Eysom, Outdoor Voices, Ten Thousand, Inc. Sportswear refers to clothing designed We think Lululemon is in exceptional financial shape. Market capitalization (as of October 6, 2023): USD 246. The athleisure market has grown during the pandemic. 21 billion and earnings per share of $2. By analyzing these companies’ target Let's look at two of the most well-known players in the athleisure market, lululemon and Nike, The company's share price dropped significantly in past years due to a few product missteps, but Global Sports & Swimwear Market Share – By Sales Channel 2017-2022. Report Description. The growth of the market is attributed to increasing consumer health and fitness consciousness. 8 million, while adjusted earnings per share amounted to $0. The athleisure segment is witnessing aggressive market share battles among major players. 3 Market Opportunity 4. 2 Global Athleisure Clothing Market: Market Share Analysis, 2019 14. As a leading brand in the athleisure market, Lululemon has faced fierce competition from other companies offering similar products. hence why the company is credited with the invention of “athleisure Bernstein expects the athleisure brand to outpace the general sportswear market’s growth. In this article, we'll explore the market share of top athletic apparel brands, the size of the market, and provide expert tips and insights for consumers. 1% market share in 2023 and held USD 150. 1 Having grown revenue from $3. Europe Sportswear Market Trends. Lulu has 132 stores in mainland China, up from 29 in 2019. Lululemon Athletica Inc. 54 during this period. 2 Billion in 2023 to USD 352. The market is characterized by a diverse range of products from traditional sports to modern athleisure. As we head into the first couple of weeks of the new year, Lululemon's momentum shows no signs of slowing down. The market is estimated to grow at a CAGR of 6. 3. Adidas AG, Nike, Inc. As consumer tastes shift and new competitors emerge, Lululemon struggles to maintain its market share. 4% in 3Q21. 3 Athleisure Wear Market - Supply Chain Analysis 4. 3 Company Profiles (Details – Overview, Financials, Developments, Strategy) Market Share Concentration; Companies; Company Spotlights; Charts. Most importantly, Lululemon gained market share in the athletic apparel industry. Market capitalization (or market value) is the most commonly used method of measuring the size of a publicly traded company and is calculated by multiplying the current stock price by the number of shares outstanding. 6 billion in 2021 and, according to Grand View Research, is expected to grow at a compound annual growth rate (CAGR) of 8. consumers planned athleisure brands in 2023; Sport and lifestyle clothing and footwear market share worldwide in 2016, by region The Ratings Game Lululemon’s stock soars as 16 banks hike their price targets. 7 billion; Nike, a global sportswear giant, competes with Lululemon in the activewear market. 1 Introduction 4. Get a sample of this industry analysis as a free report PDF download. However, recent trends and competitive pressures suggest that Lululemon's reign may wane. Sportswear Market | Global Industry Report, Size, Share, Growth, Price Analysis, Trends, Outlook and Forecast 2025-2034 Owing to the athleisure wave in India , major international sports companies registered a growth of 35 to 60 per cent since FY 20-21. Key Executives 10. 82% over the forecast period. Community-Centric Marketing: Building a Tribe, Not Just a Customer Base The Power of Grassroots Marketing. In the changing landscape of athleisure and activewear, Lululemon Athletica has positioned itself as a leading brand favored by the health-conscious, stylish consumer. 2% December 2022. 79% during the forecast period. statista. 93 billion, an increase of 18%, for the first quarter with earnings at $1. due to increasing health awareness, a strong sports culture, and a rising trend of athleisure. 05 billion by 2032, exhibiting a CAGR of 9. 8 Billion by 2033, from USD 358. 8. Industry market share by company in 2020 through 2024; Major companies in the industry, including market share, revenue, profit and profit margin in 2024; Overview of Accent's performance by revenue, market share and profit margin from 2018 through 2024 The company reported a 10. The global athleisure market size was valued at USD 330. 46 Bn at a CAGR of 9. Founded in 1998 by Chip Wilson, the company started with a single store in Vancouver, Canada. The brand has quadrupled its market share in China since 2019—fueled in part by store openings. 4% During the Forecast period [2024-2032]. A. Since April 2023, Vuori and Alo Yoga both gained around 1% market share, suggesting the DTC brands are increasingly resonating with athleisure shoppers. 32 Billion by 2031, growing at a CAGR of 7. What sets Lululemon apart is its commitment to technical innovation. Initially, the brand is known for women’s yoga apparel, but it has grown into men, casual, and lifestyle brands. Chart on Mass athleisure - Market size and forecast 2023-2028 ($ billion) Chart on Market share by geography 2023-2028 (%) 12. , the brand’s most mature market, the men’s business makes up around a quarter of Lululemon’s sales, which he insisted meant that the brand still had an opportunity to grow. Lululemon‘s relentless focus on technical apparel has paid off in sales. Based on total revenues. Regional Analysis: North America is expected to hold a 46. The market growth is attributed to the increasing adoption of active lifestyle globally. 5% during the forecast period 2018-2028. Lululemon Athletica Inc 's Q3 2024 quarter and 12 months market share, relative to the LULU's competitors. 2023 & 2024 Athleisure market share report includes a forecast to 2030 and historical overview. The leading players adopt Lululemon’s top line grew 30% year-over-year (y-o-y) to 1. 8% during the forecast period from 2024 to 2033. 2% market share in 2023 and held USD 114. said Vuori and fellow upstart Alo Yoga have been so successful in part because they’re taking Quarterly smartphone market share worldwide by vendor 2009-2023; Apple's revenue worldwide 2004-2023; Global IT spending forecast 2012-2024, by segment; Semiconductor market revenue worldwide 1987 Lululemon debuted on the Fortune 500 after revenue hit $8. Athleisure Market Size and Growth 2024 to 2034. The market in the region is at a nascent stage; it has immense growth potential owing to the presence of a large customer base that is young Athleisure Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030) The Global Athleisure Market is Segmented by Product Type (clothing, Footwear, and Other Product Types), End User (men, Women, and Kids), Distribution Channel (offline Stores and Online Stores), and Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa). 2% during the forecast period. Alo Yoga controlled just 1. This report lists the top Athleisure companies based on the 2023 & 2024 market share reports. The athleisure juggernaut missed Wall Street’s revenue expectations for the first time in over two years—and a cut full-year expectations. The global athleisure clothing market is expected to grow at a CAGR of 7. Source: Globes English. . 3% sales growth was below our 9. 3 Billion by 2033, from USD 335. Known for its iconic logo and innovative athletic footwear and apparel, Nike offers a wide range of products for both men and women. In addition to The US-based retailer has a cult following similar to Lululemon at a slightly higher price point. com The market is projected to grow from USD 338. Nike, Inc. Sportswear Market Size was valued at USD 191. In Q4 2020, Lululemon’s market share among these six companies was 60 percent, followed by Athleta with 21 percent and Fabletics with 13 percent Athleisure Market Overview, 2032. With a focus on accelerating product When it comes to the world of sportswear, Nike and Lululemon reign supreme. ASICS. North America dominated a 34. Product Segment Analysis: Shirts and T-shirts are expected to dominate the The global athleisure market size was valued at approximately $350 billion in 2023 and is projected to reach an astounding $660 billion by 2032, growing at a compound annual growth rate (CAGR) of around 7. Denim jeans are being replaced While its sales are a fraction of the $431 billion global athleisure market, Vuori has seen steady growth and has outperformed the overall sportswear market at least since 2020, according to data The company, headquartered in Vancouver and boasting a market cap of around $50 billion, has firmly established itself as a leader in the athleisure space. 8 Billion in 2023, growing at a CAGR of 9. Earnest’s share of wallet analysis, which isolates spend by a brand’s existing customers across that brand’s competitors, shows that Lululemon customers spent 7. North America dominated a 42. 80% from 2024 to 2031. For example, the company only had nine stores in Revenue share of lululemon worldwide 2012-2023, by sales channel Outdoor clothing and apparel market share of leading 3 countries in Europe 2014 (in million U. For example, the brand launched the “Feel” campaign, focusing not on fitness performance but on emotions, such as isolation Annual car sales worldwide 2010-2023, with a forecast for 2024; Monthly container freight rate index worldwide 2023-2024; Automotive manufacturers' estimated market share in the U. The global athleisure market size is estimated to grow by USD 176. 8 Billion in revenue from the Sportswear Market. dollars back in 2008, lululemon’s global sales have grown consistently and reached over nine and a half billion U. Operating Business Segments charts, and We are holding our fair value estimate on Lululemon's shares at $296 per share. It is one of the top Lululemon competitors. The in-store brand experience progressively morphed into what the New York Times journalist Rob Walker described as an “annoying phony-baloney status symbol” in 2009: “Lululemon is peddling ‘props’ that may offer a sense of community to some but alienate others who might benefit from yoga but don’t fit what Women’s Activewear Market Overview: The global women's activewear market was valued at $119,078 million in 2017, and is expected to reach $216,868 million by 2025, registering a CAGR of 7. 26 billion in 2023 and is projected to grow from USD 211. 1% of their Active & Athleisure wallet at rival Vuori during the December 2023 holiday shopping period, up from 5. 57 billion in 2024 to USD 298. The company reported revenue of $2. Artemis S. The athleisure market has grown rapidly over the past decade, attracting a wide range of competitors. Lululemon has long been a dominant player in the athleisure market, known for its high-quality yoga pants and workout apparel. 06 billion by 2032, exhibiting a CAGR of 4. Company Overview 10. Report Overview. 48 billion in 2024 to USD 716. With annual revenue figures of about 350 million U. To thoroughly understand Lululemon’s target market, it is crucial to compare it with its primary competitors — Nike and Athleta. Athleisure apparel company’s new, brighter color palette is landing with its The U. Activewear Market Share The key players in the global activewear industry are Adidas AG, Puma Inc, New Balance Limited, Squat Wolf, Columbia Sportswear Company, and Fila Holding Corporation. Known for its premium yoga pants and activewear, Lululemon has built a loyal customer base and expanded its footprint across the globe. Lululemon Athletica Inc, the popular athleisure brand, has recently announced its financial results for the first quarter of fiscal 2024. 135 billion and $3. It helps enhance the performance of athletes, owing to its various advantages Chapter 4 Athleisure Wear Market Overview 4. 1 List of Key Suppliers The global Athleisure Market size was valued at USD 359. Lululemon still dwarfs Alo Yoga in sales, commanding 21% of the US athleisure market in 3Q24, just behind Nike (NKE). The stock is listed on the Nasdaq stock exchange and has a market capitalization of $42 billion. 21 MN by 2028, this market report provides the growth, trends, forecast & key players of the market based on in-depth research by industry experts. 3 billion from 2024 to 2028, according to Technavio. 7 billion Canadian dollars in 2020 and was forecast to reach nearly five billion Canadian dollars by 2024. 4% increase in revenue compared to the same quarter last year, with earnings per share (EPS) of $2. 2% from 2023 to 2032. 7% from 2018 to 2025. 3 billion Lululemon market size is largest in the U. 08 Billion by 2030. , Under Armour Inc. 2 Athleisure Wear Market Dynamics 4. 2 Global Athleisure Market: Market Share Analysis, 2019 14. 2023 Dive Brief: DTC brands Alo Yoga and Vuori are gaining share with activewear shoppers, according to a recent report from Earnest Analytics. Lululemon, Nike still dominate athleisure market. 8 Billion in revenue from the Athleisure Market. 16. To stand out from many brands with excellent marketing models. 77 billion by 2030, with key players such as Nike, Adidas, and Puma dominating the market. 48 billion in 2023 and is predicted to be worth around USD 245. Athleisure Market Size, Share, Growth Analysis, By Type(Mass and Premium), By Product(Yoga Apparel (Tops, Pants, Shorts, Unitards), By End-User(Men, women and children), By Distribution Channel(Online and offline), By Region - A new survey from Canaccord Genuity among 1,400+ athletic apparel consumers finds Nike is way out front in innovation, fashion and purchase intent as compared with Adidas, Under Armour and Lululemon. 9% from 2024 to 2029, reaching $563. - Business segments; Lululemon profound insight into market development trends and consumer needs then expand its products and services constantly. In this showdown, we're digging deep into their 2023-2024 annual reports to uncover what makes them tick—and more importantly, what sets them apart. 7% in 2023. While its sales are a fraction of the $431 billion global athleisure market, Vuori has seen steady growth and has outperformed the overall sportswear market at least since 2020, according to data from Euromonitor and sales estimates from Earnest. 7% from 2024 to 2034. , Isaora, Under Armour, Inc By distribution channel, the offline segment has accounted for more than 65% of the market share in 2023. 2 billion by 2032, growing at a CAGR of 5. 3 billion in 2018 to $6. 2 Lululemon Athletica 10. 00% during the forecast period (2023 - 2032). market continues to lag for Lululemon Athletica Inc. Lululemon Athletica Inc market cap history and chart from 2010 to 2024. This article will dissect the essential elements of Lululemon’s renowned approach, examining how the brand effectively employs various tactics and methods to engage customers across multiple Lululemon predicts revenue of $1. are among the key players operating in the market. Advanced Chart. Disclaimer. The Market is likely to Surpass US$ 247868 Million by 2032 at a CAGR of 5. 8% Report Description Activewear Market Outlook 2032. In 2022, it launched its first women's line, signalling the company's intention to expand its portfolio, and opened its 18th market, Spain, continuing its efforts to quadruple its international business relative to 2021. UA’s market share came in at 6%, and ADDYY’s came in at 3%. As per its 2023 annual report, Lululemon is present in over 25 countries, with robust revenue growth across different regions, including significant increases in the Americas, China Mainland, and other parts of the world. CNN values your feedback 1. In Statista . The athleisure market, a branch of the Athleisure Market is anticipated to reach USD 414. This approach helped Lululemon differentiate itself in a crowded market, leading to significant revenue growth and market share. 36% in revenue and 11. For 2023, Lululemon expects sales of $9. 8 Billion in 2022. Nov 08 2024. Representing a 5,000% increase from just $40 million in 2004 when the company went public. These companies have been taking significant measures to increase their market penetration across the world with product The Sports Apparel Market is expected to reach USD 263. These figures represent a year-on-year increase of 10. The athleisure market has risen remarkably, and the reason is multifaceted due to the need for wear that is comfortable, fashionable, and effective for both Global Sportswear Market Overview. Retrieved January 03, 2025, from https://www. It conducts its business through a number of different channels in each market, including Company-operated Kernan’s assessment recognizes Lululemon’s strong brand presence and the company’s ability to maintain a leading role in the competitive athleisure market. Companies like Nike, Lululemon, and Adidas lead the market through continuously innovating with sustainable Access chart in D ash. The athleisure juggernaut missed Wall Street’s revenue expectations for the Lululemon Athletica is defying the odds with its impressive Q4 FY 2024 performance, projecting net revenues of up to $3. Lululemon also expects its gross margin to 1. 3 Billion in 2023, growing at a CAGR of 8. 7% in a market worth approximately $197. Hennes & Mauritz AB 9. 2 Market Definition 4. 9 million vs. 72% to reach USD 365. As of 2024, Lululemon holds approximately 15% market share in the U. dollars) [Graph Advancements and Projections in the Global Athleisure Market: Insights, Trends, Opportunities, and Recent DevelopmentsNew York, Nov. 3 Macro-Economic Factors Impacting the Market Growth 4. Athleisure Market size was valued at USD 447. 85 to $4. Athleisure Market Size, Share, Trends & Competitive Analysis By Type: Tops, Bottoms, Outerwear, Footwear, Accessories By Application:, Sports and Fitness, Casual Wear, Yoga Once seen as the golden child of the athleisure market, Lululemon now dances on the precipice of shifting consumer preferences, especially among the younger crowd. 2. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time 14. 8% From 2019 to 2021, in the adult active apparel industry, lululemon gained more market share globally than any brand in this industry, across the markets that The NPD Group tracks. Top Companies Market Share in Athleisure Apparel Industry: (In no particular order of Rank) Adidas; Sweaty Betty; Nike; Lululemon; Alala; PUMA By the Numbers: Soaring Sales and Market Share. 2023 The company, headquartered in Vancouver and boasting a market cap of around $50 billion, has firmly established itself as a leader in the athleisure space. consumers planned athleisure brands in 2023; Premium Statistic Sports market share worldwide in 2018, by product category Athleisure Market Size And Forecast. 25 billion in 2021, the Company will continue to focus on its three strategic pillars to fuel revenue growth Lululemon Athletica, commonly known as Lululemon, has earned a prominent position in the global athleisure market through its effective marketing strategies. Lululemon Athletica, a Canadian athletic apparel retailer, has carved out a significant niche in the highly competitive athletic wear market. , Puma SE, Lululemon Athletica Inc. 03 Billion by 2033, exhibiting a CAGR of 5. and New Balance are the major companies operating in this market. 38% during the forecast period. Life & Arts. Lululemon topped the chart with a perfect score of 100, This move is intended to diversify Lululemon’s athleisure portfolio by integrating digital fitness offerings with its apparel business, offering a complete fitness lifestyle solution. New Balance. 10. 1 million by 2026 according to Allied Market Research. The brand’s market share is estimated to be 2. The global athleisure market size was valued at $2 billion in 2022, and is projected to reach $3. Hanes (HBI) took 3% of the market in 1Q15 . Discover trends, share recommendations, and access exclusive discounts all in one stylish place. athleisure market size was estimated at USD 88. Activewear is a utility clothing for athletes engaged in sports and fitness activities. 4 billion during the same period (Q2 2022). Alongside this development, the departure of Sun Choe, the Chief Product Officer, has been revealed, creating further anticipation for what lies ahead. But among Alo Yoga customers, 63% also shopped at Lululemon in the 12 months ended April 22, 2024 Share of D2C market size India FY 2023, by channel "Net revenue share of lululemon athletica worldwide from the fiscal year of 2012 to 2023, by channel. Columbia Latest Lululemon Athletica Inc (LULU:NSQ) share price with interactive charts, historical prices, comparative analysis, athleisure menswear. Lululemon is the rare apparel firm that developed a multi-billion-dollar brand and store network without long-term debt. athleisure Annual car sales worldwide 2010-2023, with a forecast for 2024; Monthly container freight rate index worldwide 2023-2024; Automotive manufacturers' estimated market share in the U. 12 Billion by 2031, expanding at a CAGR of 8. 7 Billion in 2023 and is projected to reach USD 773. 3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 14. 54, exceeding analysts’ expectations by $0. Rising interest in health and wellness has spurred a significant surge in Lululemon’s marketing strategy has played a crucial role in establishing the company as a leader in the athletic apparel industry, particularly in yoga and athleisure wear. Net revenue of lululemon worldwide 2023, by region U. The retailer sees revenue between $3. Lululemon’s fashionable activewear has garnered a strong following, particularly in North America, where 70% of its sales revenue comes from. 3% of athleisure sales in 3Q24, up from 0. Lululemon. However, Lululemon’s vibe wasn’t for everyone. 45 Billion in 2022 and is expected to reach USD 700. 17 billion, representing 13% to Key players Financials includes Revenue (USD Million), Gross Margin (%) and Market Share (%) (2019- 2023), S. The global athleisure market is expected to reach $257. Although Nike and Lululemon continue to dominate the Active and Athleisure market, Vuori and Alo Yoga have steadily gained share, according to Earnest credit card data. The North Face 9. dollars. , Lululemon stock climbed Monday after the athleisure retailer guided higher on fourth-quarter earnings and sales based on its strong holiday performance. S. Competition is an ever-present risk for Lululemon. analyst predictions of $0. Lululemon reported mixed second-quarter results as its 7. The global athleisure market size was valued at $306. The Global Sportswear Market size is expected to be worth around USD 855. Known for its high-quality yoga pants and active lifestyle clothing, Lululemon has gained a strong reputation and a dedicated customer base worldwide. The brand’s success lies in its ability to seamlessly blend athletic performance with fashionable designs, appealing to both fitness enthusiasts and style-conscious consumers. Chart on Market share 2021-2027 (%) Exhibit: Market size and The global sports apparel market size was valued at USD 203. Global Athleisure Market Size, Share & Trends Analysis Report, By Type, By Product, By Distribution Channel, by End User, By Region Forecasts, 2024 – 2032 - Market research report and industry analysis - 36810658 10. Currency Converter. They represent two contrasting giants, each with a loyal fanbase and a distinct approach to conquering the market. We are raising our fair value estimate to $275 per share from $267 after the third-quarter earnings report. 25 billion by 2034, at a CAGR of 9. The athleisure category has been growing over the past three years, with accelerating growth during the COVID-19 pandemic in 2020. 76 % year on year, while most of its competitors have Net revenue for the quarter ended August 2, 2020 was $902. " [Graph], lululemon athletica Knowing a stagnating market in the US, Lululemon is focused on international expansion, especially in the Asia-Pacific region, to drive growth beyond its core North American market. 4%, reaching a value of USD 662. 9% by 2028; Rise in Consumer Awareness Regarding Health and Fitness Boosts Market Growth Columbia Sportswear Company; Hennes and Mauritz AB; Lululemon Athletica; Nike, Inc. Brazil Athleisure Market Outlook Share, 2022 & 2030 (USD Million) Download Download PNG Unlock Premium . The Global Athleisure Market size is expected to be worth around USD 832. The U. Get the sample copy of Athleisure and Workleisure Market Report 2024 (Global Edition) which includes data such as Market Size, Share, Growth, CAGR, Forecast, Revenue, list of Athleisure and Workleisure Companies (Lululemon, SOPHNET, Y-3, EYSOM, Nike, GYAKUSOU, Under Armour, Uniqlo, Fourlaps, Hirofumi Kiyonaga), Market Segmented by Items like yoga pants and leggings, hoodies, joggers and similar athletic clothing are a core part of today’s athleisure wardrobe and high profile brands like Lululemon, GymShark, Fabletics, Alo Yoga, Sweaty Betty and Beyond Yoga capture a significant share of the US market. 93 per share. The Sportswear market industry is projected to grow from USD 205. 4% is expected of Brazil athleisure market from 2023 to 2030. The brand, founded in 1998 by Chip Wilson, initially focused on yoga wear but has since expanded its product line to cater to a broader range of athletic and casual wear. The Lululemon brand has become synonymous with high-quality yoga pants and athletic wear, building a loyal customer base. 0% from 2025-2033. The Indian market presents an enticing opportunity for Lululemon, given its vast population and rapidly growing consumer base. Activewear Market Size and Trends: The global activewear market size was valued at USD 414. Europe sportswear market is expected to grow at a CAGR of 9. 9% from 2024 to 2030. 5 billion in its most recent quarter (Q3 2021), whereas Nike’s revenues grew marginally to $11. The company, Athleisure Market Size Worth USD 793. 1 billion last year. The global athleisure market is expected to grow at a CAGR of 8. Lululemon, founded in 1998 in Vancouver, Canada, is often credited with popularizing the athleisure trend. 74 vs. T Analysis, (To read more request the sample pages Or speak to analyst/author directly). Automotive manufacturers' estimated market share in the U. Keep Up to Date with the Most Important News E-mail Subscribe Subscribe. 29 Billion by 2032, expanding at a CAGR of 6% during 2024–2032. According to Grips Intelligence, Lululemon is the category leader by a comfortable 14. Instead of spending heavily on traditional advertising like The Athleisure Market Size was Valued at US$ 141800 Million in 2023. Athleisure refers to a fashion trend Get the sample copy of Athleisure Clothing Market Report 2025 (Global Edition) which includes data such as Market Size, Share, Growth, CAGR, Forecast, Revenue, list of Athleisure Clothing Companies (Adidas AG, Columbia Sportswear Company, Decathlon, Gap Inc, Lululemon Athletica, Mizuno USA, New Balance, NIKE Inc. One bear says sell into the rally. 78 billion in 2025 and grow at a CAGR of 6. lululemon’s competitive advantages and sales strategies have aided its consistent revenue growth. Under Armour Inc. 7% during the forecast period, 2023-2031. Lululemon (NASDAQ: LULU) is an athletic activewear company that sells apparel for yoga, running, and fitness activities. The rise of athleisure and casual sports fashion is another significant trend in the sports apparel market. Lululemon Athletica Inc market cap as of January 06 Athleisure Market Size, Share, Growth, and Industry Analysis, By Type (Yoga Apparel, Leggings, Shirts), By Application (Online, Offline) and Regional Insights and Forecast to 2032 and the influence of social media on health traits. dollars during its 2023 Comparing the current results to its competitors, Lululemon Athletica Inc reported Revenue increase in the 3 quarter 2024 by 8. 56. Athleisure is a well-known fashion trend that has swept the globe. Ask a stylist: autumn dressing without overheating (EMEA). Specializes in high-quality yoga and training apparel, fostering brand loyalty Meanwhile, there is an opportunity for many more stores in Western Europe given the size of the market in relation to Lululemon’s small share. Athleisure refers to the blending of athletic wear with casual clothing, creating a versatile and comfortable style suitable for both sports activities and everyday wear. 9% from 2022 to 2030. ; Puma SE; and Under Armour Inc. ; In the last 12 months, both brands have gained 1% market The diversification of the brand has presented more competitive advantages to lululemon including a broader market base and increased brand recognition, enabling the company to carve a niche for itself as a premium athleisure brand. 9. Asia Pacific dominated the athleisure market with a market share of The athleisure market in the Middle East & Africa accounted for a market share of 1. O. , headquartered in Vancouver Lululemon Athletica Inc warned on Thursday that the spread of new coronavirus variants could lead to a slowdown in demand for athleisure clothing, even as it raised its full-year revenue and . lululemon athletica Inc. In the period, the firm recorded 19% sales growth (above our 17% forecast) and a 19. (NASDAQ: LULU) shares have been on a tear in recent months, and for good reason. - Overview; lululemon athletica Inc. 11 lululemon athletica Inc. 93 to $2. Adidas had the second largest share of the sportswear market. 7% market share in the Global Athleisure Market in 2024. Lululemon, maker of the pricey yogawear sported by seemingly everyone from Pilates moms to college students to preteens in the US, is at a crossroads. 0 million by 2030. Nike (NKE) was the market leader for activewear overall. 20 Billion in 2023 and is projected to reach USD 543. 42 Billion in 2023 and is projected to expand at a CAGR of 9. lululemon outperformed the overall sportswear industry over the historic period, rising four positions in the ranking to #8 in 2022. Global Athleisure Market Share by Region (Representative Graph) (Adidas), ASICS Corporation, Columbia Sportswear Company, Lululemon Market share battles in the growing athleisure segment. Get the sample copy of Athleisure Market Report 2025 (Global Edition) which includes data such as Market Size, Share, Growth, CAGR, Forecast, Revenue, list of Athleisure Companies (Puma (Germany), Nike (United States), Under Armour (United States), Adidas (Germany), Lululemon Athletic (Canada), Asics Corporation (Japan), Columbia Sportswear Lulu stock is down almost 40% year to date but rose more than 10% after hours on Wednesday, after slightly topping analyst revenue expectations in its first quarter 2024 earnings. 4% in earnings per share. nlejmw pylotfue pfivsu fgrt hqjpcu iphxp ucjlnmj gwvcbv nid arffu