Tracksuit Market By Size, Growth, Trends and Forecast 2018-2028

Summary

Report Description

Forecast Period	2024-2028
Market Size (2022)	USD 10.54 Billion
CAGR (2023-2028)	7.7 %
Fastest Growing Segment	Online
Largest Market	North America

Market Overview

The Global Tracksuit Market has valued at USD 10.54 Billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 7.7% through 2028. The global tracksuit market has witnessed significant growth and evolution over the years, reflecting changing consumer preferences and lifestyle trends. Tracksuits, once primarily associated with athletic wear, have now become a versatile and stylish clothing option for people of all ages. This market's growth can be attributed to several factors, including the increasing focus on health and fitness, the rise of athleisure as a fashion trend, and the demand for comfortable and functional apparel. Athletic brands and fashion companies have played a pivotal role in driving the global tracksuit market's growth. They have introduced innovative designs and materials that blur the line between sportswear and casual wear, appealing to a broader customer base. Additionally, the COVID-19 pandemic accelerated the demand for comfortable home-based clothing, further boosting the tracksuit market. The tracksuit market's outlook remains promising, with a continued emphasis on comfort, sustainability, and performance. As consumers seek sustainable and eco-friendly options, companies are investing in eco-conscious materials and manufacturing practices. Moreover, the tracksuit market is expected to continue its expansion into various demographics, including children and older adults, making it an essential segment of the global fashion industry with a bright future.

Market Drivers

Athleisure Trend

One of the primary drivers of the global tracksuit market is the athleisure trend. Athleisure refers to the blending of athletic wear with casual, everyday fashion. Tracksuits, originally designed for sports and athletic activities, have seamlessly integrated into everyday wear due to their comfort and versatility. Consumers increasingly prefer clothing that provides comfort and functionality while maintaining a stylish appearance. Athleisure tracksuits have become a staple in many people's wardrobes, allowing them to transition effortlessly from the gym to daily activities. This trend is driven by a desire for a healthier lifestyle and the need for clothing that accommodates various activities in a busy world.

Health and Fitness Focus

The global emphasis on health and fitness has significantly contributed to the growth of the tracksuit market. As more people become health-conscious and actively engage in physical activities like jogging, yoga, and fitness training, the demand for suitable athletic apparel, including tracksuits, has surged. Tracksuits offer the flexibility, breathability, and moisture-wicking properties needed during workouts. Their ability to regulate body temperature and provide comfort during exercise has made them a preferred choice among fitness enthusiasts. This focus on health and fitness has encouraged people to invest in high-quality tracksuits, boosting the market's expansion.

Celebrity Endorsement

The influence of celebrities and sports stars has played a pivotal role in driving the tracksuit market's growth. Celebrities often sport tracksuits in various settings, from airport lounges to red carpet events. Their endorsement and fashion choices greatly impact consumer preferences. For instance, popular figures like Rihanna, Kanye West, and Cristiano Ronaldo have launched their own tracksuit collections or collaborated with established brands, which has led to increased visibility and sales. As consumers aspire to emulate the style of their favorite celebrities, the demand for trendy and high-end tracksuits continues to rise.

Technological Advancements

Advancements in textile technology have contributed to the growth of the global tracksuit market. Innovations in fabric materials and manufacturing techniques have led to tracksuits that are not only stylish but also highly functional. Fabrics with moisture-wicking properties, odor control, and stretchability are now common in tracksuits. These advancements enhance the overall comfort and performance of tracksuits, making them more appealing to consumers. Additionally, eco-conscious consumers are driving the development of sustainable tracksuits made from recycled or organic materials. As technology continues to improve, the tracksuit market is likely to benefit from more innovative and sustainable options.

E-commerce and Online Retailing

The rise of e-commerce and online retailing has expanded the reach of the tracksuit market. Consumers can now easily browse and purchase tracksuits from a wide range of brands and styles through online platforms. The convenience of online shopping, combined with the availability of a vast selection, has significantly boosted the market's accessibility and sales. Many brands also use online platforms to promote and sell their tracksuits directly to consumers. Moreover, online marketplaces allow smaller and independent tracksuit brands to reach a global audience, contributing to the market's diversification. The ability to compare prices, read reviews, and access a wide array of tracksuit options at the click of a button has transformed how consumers shop for tracksuits, promoting market growth.

In conclusion, the global tracksuit market is thriving due to a combination of factors. The athleisure trend, increased focus on health and fitness, celebrity endorsements, technological advancements, and the growth of e-commerce have all contributed to its expansion. As consumer preferences continue to evolve, the tracksuit market is expected to adapt and innovate, maintaining its position as a prominent segment of the global fashion industry.

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Key Market Challenges

Competition and Saturation

One of the significant challenges in the global tracksuit market is the intense competition and market saturation. With numerous established and emerging brands vying for market share, it can be challenging for companies to differentiate themselves and capture consumer attention. As a result, pricing wars and the pressure to offer discounts can lead to reduced profit margins.

Market saturation is another concern. Tracksuits are now produced by a multitude of manufacturers, ranging from well-known athletic brands to fashion designers and even smaller, niche labels. This saturation can make it difficult for new entrants to gain a foothold in the market. Established players must constantly innovate and adapt to maintain their positions in a crowded marketplace.

Consumer Preferences and Trends

The fast-paced nature of the fashion industry and changing consumer preferences pose a challenge to the tracksuit market. Consumers' tastes can shift rapidly, influenced by trends, seasons, and the ever-evolving definition of style. While tracksuits have adapted to athleisure trends, there is no guarantee that this trend will persist indefinitely. Brands must stay attuned to consumer sentiment, keep up with shifting preferences, and be agile in their product development to remain relevant.

Additionally, the tracksuit market is subject to seasonality and regional variations. In warmer climates, tracksuit sales might be limited, while in colder regions, they may be more popular during specific months. Brands must navigate these fluctuations and adapt their strategies accordingly.

Supply Chain Disruptions and Raw Material Costs

The tracksuit market, like many other industries, has been impacted by supply chain disruptions, particularly due to the COVID-19 pandemic. These disruptions, which include factory closures, transportation delays, and labor shortages, have caused production delays and increased costs. These factors have made it challenging for manufacturers to meet consumer demand while maintaining profitability.

Additionally, fluctuations in raw material costs can pose a significant challenge to the tracksuit market. Fabrics and materials used in tracksuits, such as high-performance synthetics or sustainable alternatives, can experience price volatility due to factors like changes in oil prices or shifts in consumer demand for eco-friendly materials. These cost fluctuations can affect production costs and, subsequently, the final pricing of tracksuits.

Sustainability and Ethical Concerns

Consumers are increasingly concerned about the environmental and ethical aspects of the products they buy, and this is a challenge for the tracksuit market. Tracksuits are often made from synthetic materials like polyester, which has a substantial environmental footprint. The production and disposal of synthetic textiles contribute to issues such as microplastic pollution and carbon emissions.

In response, consumers are seeking sustainable and ethically produced tracksuits made from eco-friendly materials or through fair labor practices. Brands that fail to address these concerns risk alienating environmentally conscious consumers and facing reputational damage. However, transitioning to sustainable practices or materials can be costly and complex for manufacturers, posing a challenge in balancing sustainability with affordability.

Counterfeiting and Intellectual Property

The global tracksuit market faces challenges related to counterfeiting and intellectual property (IP) theft. Counterfeit tracksuits are widespread, especially in online marketplaces, posing a significant threat to legitimate brands. These counterfeit products not only erode the sales of genuine brands but also tarnish their reputation as consumers may receive subpar quality products.

Protecting intellectual property is essential for established tracksuit brands. Design theft and trademark violations can harm a company's ability to maintain its brand identity and authenticity. Companies must invest in legal measures to protect their designs, trademarks, and patents. However, enforcing these rights, especially on a global scale, can be a complex and costly process.

In conclusion, the global tracksuit market, while experiencing growth, faces several significant challenges. These challenges include intense competition and market saturation, shifting consumer preferences and trends, supply chain disruptions, sustainability and ethical concerns, and issues related to counterfeiting and intellectual property protection. Brands operating in this market must navigate these challenges to remain competitive and responsive to the evolving needs and values of consumers.

Key Market Trends

Sustainable and Eco-Friendly Tracksuits

One of the most notable recent trends in the tracksuit market is the growing emphasis on sustainability and eco-friendliness. As consumers become increasingly environmentally conscious, they are demanding tracksuits made from sustainable materials and eco-friendly production processes. Many tracksuit brands are responding to this demand by incorporating recycled and organic fabrics into their designs. These tracksuits are not only more environmentally responsible but also appeal to consumers who prioritize ethical and eco-conscious choices.

Brands are also making efforts to reduce their carbon footprint by optimizing supply chain logistics and using more sustainable packaging. The trend towards sustainability extends beyond materials and production; it also encompasses the entire product lifecycle, from sourcing raw materials to responsible disposal or recycling. This trend aligns with a broader shift in the fashion industry towards ethical and eco-friendly practices.

Customization and Personalization

Customization and personalization have gained traction in the tracksuit market, allowing consumers to create unique, one-of-a-kind tracksuits that reflect their personal style. Brands are increasingly offering customization options, allowing customers to choose colors, designs, and even add personalized logos or text. The advent of digital printing and direct-to-garment technologies has made it easier for brands to offer these personalized options.

Personalized tracksuits not only cater to individual preferences but also create a sense of ownership and uniqueness. Customers appreciate the opportunity to stand out and express their individuality through their clothing. This trend is particularly popular among younger consumers who value self-expression and the ability to design their own apparel.

Incorporation of High-Tech Fabrics and Features

Advances in textile technology have led to the integration of high-tech fabrics and features in tracksuits. These innovations enhance the performance, comfort, and functionality of tracksuits. Brands are incorporating moisture-wicking materials, odor-resistant fabrics, and fabrics with enhanced breathability. These features are particularly appealing to athletes and fitness enthusiasts who demand high-performance activewear.

Additionally, smart textiles are becoming more prevalent in tracksuits. These textiles can monitor various aspects of the wearer's health and fitness, such as heart rate, temperature, and sweat levels. Some tracksuits are even equipped with built-in electronics, enabling wearers to track their workouts and performance in real-time. As technology continues to advance, tracksuits will likely incorporate even more sophisticated features to meet the evolving needs of consumers.

Retro and Nostalgia-Inspired Designs

Fashion often cycles through trends, and recent years have seen a resurgence of retro and nostalgia-inspired designs in the tracksuit market. Many brands are revisiting the iconic tracksuit styles of the 1980s and 1990s, with bold color combinations, oversized fits, and distinctive brand logos. These vintage-inspired tracksuits evoke a sense of nostalgia for older consumers while introducing younger generations to the timeless appeal of classic tracksuit designs.

The revival of retro tracksuits has been a marketing success for many brands, as they tap into the nostalgia of their target demographics. These designs have become fashion statements both on and off the track, resonating with consumers who appreciate the fusion of style, comfort, and a hint of nostalgia.

Collaborations and Limited-Edition Collections

Collaborations between tracksuit brands and high-profile designers, celebrities, or athletes have become a prominent trend in the market. These collaborations generate buzz and anticipation, driving consumer interest and sales. Limited edition collections resulting from these partnerships often feature unique designs, materials, and branding that set them apart from standard tracksuits.

Celebrities and athletes have also launched their own tracksuit collections, capitalizing on their personal brand and fan base. These collections can quickly sell out, thanks to the influence and following of these well-known figures. Collaborations and limited-edition releases create a sense of exclusivity, which encourages consumers to make a purchase before the opportunity is gone.

In conclusion, the global tracksuit market is experiencing dynamic changes due to recent trends that reflect the evolving preferences and values of consumers. Sustainability, customization, high-tech features, retro designs, and collaborations have all left their mark on the industry. As the tracksuit market continues to adapt to these trends, it is expected to remain a relevant and influential segment of the global fashion landscape, catering to a diverse and ever-changing consumer base.

Segmental Insights

Material Insights

The global tracksuit market has witnessed a notable surge in the demand for cotton tracksuits in recent years. This increase in popularity can be attributed to several key factors. Firstly, the comfort and breathability of cotton fabric make it an ideal choice for activewear and leisurewear. Cotton tracksuits provide a soft, natural feel against the skin and allow for better air circulation, making them perfect for various physical activities and casual wear.

Secondly, the growing emphasis on sustainability and eco-friendly materials has led to a preference for cotton tracksuits. Cotton is a natural and biodegradable material, which aligns with the environmentally conscious choices of many consumers. As more people seek clothing options that are kinder to the planet, the demand for cotton tracksuits has grown. Furthermore, cotton tracksuits are versatile and can be worn in a variety of settings, whether for workouts, lounging, or everyday casual wear. This versatility, combined with their comfort and sustainability, has propelled cotton tracksuits to the forefront of the global tracksuit market, where they continue to enjoy rising popularity and demand.

Distribution Channel Insights

The global tracksuit market has experienced a significant surge in demand through online sales channels, reflecting the broader shift in consumer shopping behavior. There are several compelling reasons for this trend. The convenience and accessibility offered by online sales channels have made them increasingly popular. Consumers can browse through a wide variety of tracksuit options, compare prices, read reviews, and make purchases from the comfort of their homes or while on the go. This convenience is particularly appealing in a world where time-saving solutions are highly valued.

The COVID-19 pandemic has also accelerated the growth of online sales for tracksuits and other clothing items. With restrictions on physical stores and a heightened awareness of hygiene, more consumers turned to online shopping as a safe and convenient alternative. This shift in shopping habits has led tracksuit brands to invest more in their online presence, optimizing websites, creating user-friendly mobile apps, and enhancing the overall digital shopping experience. The combination of convenience and safety is expected to continue driving the rising demand from online sales channels in the global tracksuit market, making them a vital and strategic component of the industry's distribution and sales strategies.

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Regional Insights

In the global tracksuit market, there has been a notable increase in demand from North America, making it a significant contributor to the industry's growth. Several factors have driven this surge in demand. First and foremost, the rising health and fitness consciousness among North American consumers has led to an increased interest in activewear, including tracksuits. With a strong focus on personal well-being and fitness activities such as jogging, yoga, and gym workouts, tracksuits have become a staple in the wardrobe of individuals seeking both comfort and functionality. This trend aligns with the overall athleisure movement that encourages versatile, comfortable clothing choices for various daily activities.

Moreover, the changing work culture and lifestyle in North America, especially with the emergence of remote work and a preference for casual attire, have further boosted the demand for tracksuits. Tracksuits offer the perfect balance between comfort and presentability, making them suitable for work-from-home setups and other casual yet professional settings. The versatility of tracksuits as both workout and leisure apparel has made them increasingly popular among North American consumers, driving the market's growth in the region. Additionally, collaborations between tracksuit brands and celebrities or athletes, often prominent in North America, have contributed to the rising demand, as these partnerships create a sense of exclusivity and drive consumer interest.

Recent Developments

House of Masaba launched Floral Fusion Tracksuit in September 2023. This tracksuit features a brightly colored floral print on a green background. The hoodie has a drawstring hood and a front kangaroo pocket, and the pants have an elastic waistband and drawstring cuffs. The tracksuit is made from a soft and comfortable cotton-polyester blend.
Puma launched CR Tracksuit in September 2023. This tracksuit is made from a lightweight and breathable fabric that is perfect for workouts or running errands. The hoodie has a full-zip front and a kangaroo pocket, and the pants have an elastic waistband and side pockets. The tracksuit features a bold Puma logo on the chest and thigh.

Key Market Players

Adidas AG
H&M Hennes & Mauritz AB
Hanes Brands Inc.
Monte Carlo Fashions Ltd.
Wildcraft.
Jack & Jones
Under Armour, Inc
Puma Se
Nike, Inc.
ASICS Corporation

By Material	By End User	By Sales Channel	By Region
Cotton Fiber Wool Others	Men Women Kids	Hypermarkets/Supermarkets Multi Branded Stores Online Others	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Tracksuit Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Tracksuit Market, By Material:

o Cotton

o Fiber

o Wool

o Others

Tracksuit Market, By End User:

o Men

o Women

o Kids

Tracksuit Market, By Sales Channel:

o Hypermarkets/Supermarkets

o Multi Branded Stores

o Online

o Others

Tracksuit Market, By Region:

o North America

§ United States

§ Canada

§ Mexico

o Europe

§ France

§ Germany

§ Spain

§ Italy

§ United Kingdom

o Asia-Pacific

§ China

§ Japan

§ India

§ Vietnam

§ South Korea

o Middle East & Africa

§ South Africa

§ Saudi Arabia

§ UAE

§ Turkey

§ Kuwait

§ Egypt

o South America

§ Brazil

§ Argentina

§ Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Tracksuit Market.

Available Customizations:

Global Tracksuit Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Tracksuit Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Introduction

1.1. Product Overview

1.2. Key Highlights of the Report

1.3. Market Coverage

1.4. Market Segments Covered

1.5. Research Tenure Considered

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Market Overview

3.2. Market Forecast

3.3. Key Regions

3.4. Key Segments

4. Voice of Customer

4.1. Factors Influencing Purchase Decision

4.2. Sources of Information

5. Global Tracksuit Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Material Market Share Analysis (Cotton, Fiber, Wool, Others)

5.2.2. By End User Market Share Analysis (Men, Women, Kids)

5.2.3. By Sales Channel Market Share Analysis (Hypermarkets/Supermarkets, Multi Branded Stores, Online, Others)

5.2.4. By Regional Market Share Analysis

5.2.4.1. North America Market Share Analysis

5.2.4.2. Europe Market Share Analysis

5.2.4.3. Asia-Pacific Market Share Analysis

5.2.4.4. Middle East & Africa Market Share Analysis

5.2.4.5. South America Market Share Analysis

5.2.5. By Top 5 Companies Market Share Analysis, Others (2022)

5.3. Global Tracksuit Market Mapping & Opportunity Assessment

5.3.1. By Material Market Mapping & Opportunity Assessment

5.3.2. By End User Market Mapping & Opportunity Assessment

5.3.3. By Sales Channel Market Mapping & Opportunity Assessment

5.3.4. By Regional Market Mapping & Opportunity Assessment

6. North America Tracksuit Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Material Market Share Analysis

6.2.2. By End User Market Share Analysis

6.2.3. By Sales Channel Market Share Analysis

6.2.4. By Country Market Share Analysis

6.2.4.1. United States Tracksuit Market Outlook

6.2.4.1.1. Market Size & Forecast

6.2.4.1.1.1. By Value

6.2.4.1.2. Market Share & Forecast

6.2.4.1.2.1. By Material Market Share Analysis

6.2.4.1.2.2. By End User Market Share Analysis

6.2.4.1.2.3. By Sales Channel Market Share Analysis

6.2.4.2. Canada Tracksuit Market Outlook

6.2.4.2.1. Market Size & Forecast

6.2.4.2.1.1. By Value

6.2.4.2.2. Market Share & Forecast

6.2.4.2.2.1. By Material Market Share Analysis

6.2.4.2.2.2. By End User Market Share Analysis

6.2.4.2.2.3. By Sales Channel Market Share Analysis

6.2.4.3. Mexico Tracksuit Market Outlook

6.2.4.3.1. Market Size & Forecast

6.2.4.3.1.1. By Value

6.2.4.3.2. Market Share & Forecast

6.2.4.3.2.1. By Material Market Share Analysis

6.2.4.3.2.2. By End User Market Share Analysis

6.2.4.3.2.3. By Sales Channel Market Share Analysis

7. Europe Tracksuit Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Material Market Share Analysis

7.2.2. By End User Market Share Analysis

7.2.3. By Sales Channel Market Share Analysis

7.2.4. By Country Market Share Analysis

7.2.4.1. France Tracksuit Market Outlook

7.2.4.1.1. Market Size & Forecast

7.2.4.1.1.1. By Value

7.2.4.1.2. Market Share & Forecast

7.2.4.1.2.1. By Material Market Share Analysis

7.2.4.1.2.2. By End User Market Share Analysis

7.2.4.1.2.3. By Sales Channel Market Share Analysis

7.2.4.2. Germany Tracksuit Market Outlook

7.2.4.2.1. Market Size & Forecast

7.2.4.2.1.1. By Value

7.2.4.2.2. Market Share & Forecast

7.2.4.2.2.1. By Material Market Share Analysis

7.2.4.2.2.2. By End User Market Share Analysis

7.2.4.2.2.3. By Sales Channel Market Share Analysis

7.2.4.3. Spain Tracksuit Market Outlook

7.2.4.3.1. Market Size & Forecast

7.2.4.3.1.1. By Value

7.2.4.3.2. Market Share & Forecast

7.2.4.3.2.1. By Material Market Share Analysis

7.2.4.3.2.2. By End User Market Share Analysis

7.2.4.3.2.3. By Sales Channel Market Share Analysis

7.2.4.4. Italy Tracksuit Market Outlook

7.2.4.4.1. Market Size & Forecast

7.2.4.4.1.1. By Value

7.2.4.4.2. Market Share & Forecast

7.2.4.4.2.1. By Material Market Share Analysis

7.2.4.4.2.2. By End User Market Share Analysis

7.2.4.4.2.3. By Sales Channel Market Share Analysis

7.2.4.5. United Kingdom Tracksuit Market Outlook

7.2.4.5.1. Market Size & Forecast

7.2.4.5.1.1. By Value

7.2.4.5.2. Market Share & Forecast

7.2.4.5.2.1. By Material Market Share Analysis

7.2.4.5.2.2. By End User Market Share Analysis

7.2.4.5.2.3. By Sales Channel Market Share Analysis

8. Asia-Pacific Tracksuit Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Material Market Share Analysis

8.2.2. By End User Market Share Analysis

8.2.3. By Sales Channel Market Share Analysis

8.2.4. By Country Market Share Analysis

8.2.4.1. China Tracksuit Market Outlook

8.2.4.1.1. Market Size & Forecast

8.2.4.1.1.1. By Value

8.2.4.1.2. Market Share & Forecast

8.2.4.1.2.1. By Material Market Share Analysis

8.2.4.1.2.2. By End User Market Share Analysis

8.2.4.1.2.3. By Sales Channel Market Share Analysis

8.2.4.2. Japan Tracksuit Market Outlook

8.2.4.2.1. Market Size & Forecast

8.2.4.2.1.1. By Value

8.2.4.2.2. Market Share & Forecast

8.2.4.2.2.1. By Material Market Share Analysis

8.2.4.2.2.2. By End User Market Share Analysis

8.2.4.2.2.3. By Sales Channel Market Share Analysis

8.2.4.3. India Tracksuit Market Outlook

8.2.4.3.1. Market Size & Forecast

8.2.4.3.1.1. By Value

8.2.4.3.2. Market Share & Forecast

8.2.4.3.2.1. By Material Market Share Analysis

8.2.4.3.2.2. By End User Market Share Analysis

8.2.4.3.2.3. By Sales Channel Market Share Analysis

8.2.4.4. Vietnam Tracksuit Market Outlook

8.2.4.4.1. Market Size & Forecast

8.2.4.4.1.1. By Value

8.2.4.4.2. Market Share & Forecast

8.2.4.4.2.1. By Material Market Share Analysis

8.2.4.4.2.2. By End User Market Share Analysis

8.2.4.4.2.3. By Sales Channel Market Share Analysis

8.2.4.5. South Korea Tracksuit Market Outlook

8.2.4.5.1. Market Size & Forecast

8.2.4.5.1.1. By Value

8.2.4.5.2. Market Share & Forecast

8.2.4.5.2.1. By Material Market Share Analysis

8.2.4.5.2.2. By End User Market Share Analysis

8.2.4.5.2.3. By Sales Channel Market Share Analysis

9. Middle East & Africa Tracksuit Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Material Market Share Analysis

9.2.2. By End User Market Share Analysis

9.2.3. By Sales Channel Market Share Analysis

9.2.4. By Country Market Share Analysis

9.2.4.1. South Africa Tracksuit Market Outlook

9.2.4.1.1. Market Size & Forecast

9.2.4.1.1.1. By Value

9.2.4.1.2. Market Share & Forecast

9.2.4.1.2.1. By Material Market Share Analysis

9.2.4.1.2.2. By End User Market Share Analysis

9.2.4.1.2.3. By Sales Channel Market Share Analysis

9.2.4.2. Saudi Arabia Tracksuit Market Outlook

9.2.4.2.1. Market Size & Forecast

9.2.4.2.1.1. By Value

9.2.4.2.2. Market Share & Forecast

9.2.4.2.2.1. By Material Market Share Analysis

9.2.4.2.2.2. By End User Market Share Analysis

9.2.4.2.2.3. By Sales Channel Market Share Analysis

9.2.4.3. UAE Tracksuit Market Outlook

9.2.4.3.1. Market Size & Forecast

9.2.4.3.1.1. By Value

9.2.4.3.2. Market Share & Forecast

9.2.4.3.2.1. By Material Market Share Analysis

9.2.4.3.2.2. By End User Market Share Analysis

9.2.4.3.2.3. By Sales Channel Market Share Analysis

9.2.4.4. Turkey Tracksuit Market Outlook

9.2.4.4.1. Market Size & Forecast

9.2.4.4.1.1. By Value

9.2.4.4.2. Market Share & Forecast

9.2.4.4.2.1. By Material Market Share Analysis

9.2.4.4.2.2. By End User Market Share Analysis

9.2.4.4.2.3. By Sales Channel Market Share Analysis

9.2.4.5. Kuwait Tracksuit Market Outlook

9.2.4.5.1. Market Size & Forecast

9.2.4.5.1.1. By Value

9.2.4.5.2. Market Share & Forecast

9.2.4.5.2.1. By Material Market Share Analysis

9.2.4.5.2.2. By End User Market Share Analysis

9.2.4.5.2.3. By Sales Channel Market Share Analysis

9.2.4.6. Egypt Tracksuit Market Outlook

9.2.4.6.1. Market Size & Forecast

9.2.4.6.1.1. By Value

9.2.4.6.2. Market Share & Forecast

9.2.4.6.2.1. By Material Market Share Analysis

9.2.4.6.2.2. By End User Market Share Analysis

9.2.4.6.2.3. By Sales Channel Market Share Analysis

10. South America Tracksuit Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Material Market Share Analysis

10.2.2. By End User Market Share Analysis

10.2.3. By Sales Channel Market Share Analysis

10.2.4. By Country Market Share Analysis

10.2.4.1. Brazil Tracksuit Market Outlook

10.2.4.1.1. Market Size & Forecast

10.2.4.1.1.1. By Value

10.2.4.1.2. Market Share & Forecast

10.2.4.1.2.1. By Material Market Share Analysis

10.2.4.1.2.2. By End User Market Share Analysis

10.2.4.1.2.3. By Sales Channel Market Share Analysis

10.2.4.2. Argentina Tracksuit Market Outlook

10.2.4.2.1. Market Size & Forecast

10.2.4.2.1.1. By Value

10.2.4.2.2. Market Share & Forecast

10.2.4.2.2.1. By Material Market Share Analysis

10.2.4.2.2.2. By End User Market Share Analysis

10.2.4.2.2.3. By Sales Channel Market Share Analysis

10.2.4.3. Colombia Tracksuit Market Outlook

10.2.4.3.1. Market Size & Forecast

10.2.4.3.1.1. By Value

10.2.4.3.2. Market Share & Forecast

10.2.4.3.2.1. By Material Market Share Analysis

10.2.4.3.2.2. By End User Market Share Analysis

10.2.4.3.2.3. By Sales Channel Market Share Analysis

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Impact of COVID-19 on Global Tracksuit Market

12.1. Impact Assessment Model

12.1.1. Key Segments Impacted

12.1.2. Key Regions Impacted

12.1.3. Key Countries Impacted

13. Market Trends & Developments

14. Competitive Landscape

14.1. Company Profiles

14.1.1. Adidas AG

14.1.1.1. Company Details

14.1.1.2. Products

14.1.1.3. Financials (As Per Availability)

14.1.1.4. Key Market Focus & Geographical Presence

14.1.1.5. Recent Developments

14.1.1.6. Key Management Personnel

14.1.2. H&M Hennes & Mauritz AB

14.1.2.1. Company Details

14.1.2.2. Products

14.1.2.3. Financials (As Per Availability)

14.1.2.4. Key Market Focus & Geographical Presence

14.1.2.5. Recent Developments

14.1.2.6. Key Management Personnel

14.1.3. Hanes Brands Inc.

14.1.3.1. Company Details

14.1.3.2. Products

14.1.3.3. Financials (As Per Availability)

14.1.3.4. Key Market Focus & Geographical Presence

14.1.3.5. Recent Developments

14.1.3.6. Key Management Personnel

14.1.4. Monte Carlo Fashions Ltd.

14.1.4.1. Company Details

14.1.4.2. Products

14.1.4.3. Financials (As Per Availability)

14.1.4.4. Key Market Focus & Geographical Presence

14.1.4.5. Recent Developments

14.1.4.6. Key Management Personnel

14.1.5. Wildcraft

14.1.5.1. Company Details

14.1.5.2. Products

14.1.5.3. Financials (As Per Availability)

14.1.5.4. Key Market Focus & Geographical Presence

14.1.5.5. Recent Developments

14.1.5.6. Key Management Personnel

14.1.6. Jack & Jones

14.1.6.1. Company Details

14.1.6.2. Products

14.1.6.3. Financials (As Per Availability)

14.1.6.4. Key Market Focus & Geographical Presence

14.1.6.5. Recent Developments

14.1.6.6. Key Management Personnel

14.1.7. Under Armour, Inc

14.1.7.1. Company Details

14.1.7.2. Products

14.1.7.3. Financials (As Per Availability)

14.1.7.4. Key Market Focus & Geographical Presence

14.1.7.5. Recent Developments

14.1.7.6. Key Management Personnel

14.1.8. Puma Se

14.1.8.1. Company Details

14.1.8.2. Products

14.1.8.3. Financials (As Per Availability)

14.1.8.4. Key Market Focus & Geographical Presence

14.1.8.5. Recent Developments

14.1.8.6. Key Management Personnel

14.1.9. Nike, Inc.

14.1.9.1. Company Details

14.1.9.2. Products

14.1.9.3. Financials (As Per Availability)

14.1.9.4. Key Market Focus & Geographical Presence

14.1.9.5. Recent Developments

14.1.9.6. Key Management Personnel

14.1.10. ASICS Corporation

14.1.10.1. Company Details

14.1.10.2. Products

14.1.10.3. Financials (As Per Availability)

14.1.10.4. Key Market Focus & Geographical Presence

14.1.10.5. Recent Developments

14.1.10.6. Key Management Personnel

15. Strategic Recommendations/Action Plan

15.1. Key Focus Areas

15.2. Target Material

15.3. Target Distribution Channel

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

What was the market size of the Global Tracksuit Market in 2022?

The market size of the Global Tracksuit Market was estimated to be USD 10.54 Billion in 2022.

What are the major drivers for the Global Tracksuit Market?

The major drivers for the Global Tracksuit Market include the athleisure trend, heightened focus on health and fitness, celebrity endorsements, technological innovations in textile manufacturing, and the proliferation of e-commerce and online retailing, which have expanded accessibility and choice for consumers. These factors have collectively contributed to the market's sustained growth and evolution.

What are the major trends for the Global Tracksuit Market?

The major trends in the Global Tracksuit Market include a growing emphasis on sustainable and eco-friendly tracksuits, increased customization and personalization options, incorporation of high-tech fabrics and features for enhanced performance, a resurgence of retro and nostalgia-inspired designs, and a surge in collaborations and limited-edition collections that create exclusivity and drive consumer interest, reflecting the evolving preferences and values of today's consumers.

What are the major challenges for the Global Tracksuit Market?

The major challenges for the Global Tracksuit Market include fierce competition and market saturation, fluctuating consumer preferences, supply chain disruptions and raw material cost fluctuations, the need to address sustainability and ethical concerns, and the prevalence of counterfeiting and intellectual property violations, all of which demand adaptability and innovation to remain competitive in the evolving fashion landscape.

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Parvati Sharma

Account Manager BD

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Press Release

Tracksuit Market to Grow with a CAGR of 7.7% Globally through 2028

Dec, 2023

Rising health and fitness awareness and advancements in textile technology are driving the Global Tracksuit Market in the forecast period 2024-2028.

Tracksuit Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Material (Cotton, Fiber, Wool, Others), By End User (Men, Women, Kids), By Sales Channel (Hypermarkets/Supermarkets, Multi Branded Stores, Online, Others), By Region, By Competition, 2018-2028

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