Leggings Market is anticipated to grow at a ~6.7 % CAGR from 2019 to 2030.
Market Industry Reports (MIR) has published a new report titled “Leggings Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global leggings market is estimated to be over US$ 31 billion in 2019. It is anticipated to grow at a ~6.7 % CAGR from 2019 to 2030.
The growth of the leggings market can be attributed to several factors such as increasing disposable income along with changing lifestyle. Moreover, the growing number of working women coupled with easier accessibility of leggings in different patterns and fabrics such as ankle-length leggings, mid-calf length or capri-length leggings, knee-length leggings, and footed leggings among others, is anticipated to further contribute to the substantial growth of the global leggings market between 2020 and 2030.
Anti-sweat and anti-bacterial leggings are widely used by the sports and fitness enthusiast. The rising trends towards adoption of healthy lifestyle, emergence of new sports and growing popularity of physical fitness activity among youth are the major factors driving the usage of Anti-sweat and anti-bacterial leggings. Furthermore, growing popularity of adventure travel and increased participation of women in sports is further anticipated the growth of the global leggings market.
Demand for leggings is expected to rise over the forecast period owing to its availability in all the sizes for all the age groups including men, woman, and kids, as well as in thousands of different patterns, lengths, and shades. Furthermore, leggings are widely available for plus size individual, which is expanding its customer base, thereby contributing to the market growth. Leggings are also considered as one of the most versatile bottom wear options in fashion today. People who like to wear light weight clothes as a bottom wear prefers leggings, instead of jean material.
Browse key industry insights spread across 150 pages with market data tables & figures & charts from the report, Leggings Market by Fabric Type (Nylon, Cotton, and Polyester), Distribution Channel (Online and Offline), End-user (Women, Men and, Kids) - Global Analysis & Forecast 2019-2030 in detail along with the table of contents:https://www.marketindustryreports.com/leggings-market/204
The global leggings market is highly fragmented owing to presence of large numbers of manufacturers globally. The presence of numerous players that offers leggings at lower prices to attract price-sensitive customers poses a significant threat to the market.
Asia Pacific is estimated to witness the highest CAGR during the forecast period. Growing westernization trend, increasing population coupled with rapid urbanization is anticipated to present a lucrative growth scenario for the Leggings market in this region.
The prominent players in the global leggings market are HUE, Tommy Hilfiger, Under Armour, Inc., Jockey, Nike, Inc., AEO Management Co., Adidas, Calvin Klein, Free People, LLC, and Yelete Group, Inc among others
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