The global elastic apparel market is anticipated to grow at a CAGR of 2.8% during the forecast period (2022-2028). The increasing number of people working from their homes with the leisure of wearing comfortable clothes is growing the market for elastic apparel. The simplicity and comfortableness in the elastic apparel are incomparable with other clothes, they are easy to wash as well as to take care of too. There is a high demand for elastic apparel from the sports industry due to the nature of the apparel, it well suits the players, it does not absorb the sweat but helps in directly evaporate the sweat, the elastic nature of the apparel prevents it from tearing and another kind of damages and most importantly elastic apparel is easy to wash and dry’s fast, these are the factors which will help the market to propel in the forecasted period. Nowadays, yoga is one physical form of exercise that is spreading across the globe, and similarly, the sale of elastic apparel for doing yoga and another form of exercise is also increasing.
Due to its comfort and quality of expansion, people across the globe are using elastic apparel for their daily dressing at their homes, park, and work also. Another factor for the growth of the market is the accessibility of elastic apparel through e-commerce websites and retail stores. E-commerce is in the dominant position for the majority of the sales of elastic apparel.
Some major players in the market include AYK International Inc., Elastic Apparel, Gelal Corp., Golden Lady Company S.p.a., Hanes, Inc., Langsha Group, and Nike, Inc., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. A high-performance, synthetic fabric that can be used to make chlorine-resistant swimwear and long-lasting sportswear. The leggings are made of 100% regenerated polyamide derived from pre and post-consumer materials, making them a sustainable techno-fabric. The material is adaptable, hyper-resistant, thin, stylish, stretchy, soft, and breathable: a one-of-a-kind combination of muscle compression and comfort. It is twice as resistant to chlorine, suntan lotions, and oils as competitors’ fabrics due to its revolutionary design.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape– AYK International Inc, Elastic Apparel, Gelal Corp., Golden Lady Company S.p.a., Hanes, Inc, Langsha Group, Nike, Inc., among others.
A full report Elastic Apparel Market of is available at: https://orionmarketreports.com/elastic-apparel-market/108366/
Global Elastic Apparel Market Report by Segment
By Type
- Men’s Apparels
- Women’s Apparels
By Application
- Daily Dressing
- Medical Treatment
- Sports
- Others
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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