Market Outlook 20 minutes PremiumAthleisure Update – a Market in Transition Coresight Research August 13, 2018 Executive SummaryIn this report, we examine the US athleisure market, and discuss market size, growth rates, drivers and current trends. US sales of sportswear will total almost $116 billion this year, up 7% year over year. Apparel will account for $79 billion of that total and footwear for $37 billion. Sportswear is projected to grow at a 6.2% CAGR between 2017 and 2020. Sales of sports footwear are expected to grow slightly faster than sales of sports apparel. Athleisure is influencing traditional fashion categories such as denim and formalwear. Ministry of Supply and other startups are offering performance businesswear lines that appeal to millennials’ desire for comfortable, easy-care apparel. The sports footwear market is being buoyed by “sneaker culture” across market segments, from mass market to luxury. The sneaker trend is one of the most visible manifestations of the casualization of fashion, and it is fueling the outperformance of the sports footwear category. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: China’s Quick Commerce Market: Competitive Landscape and Emerging Trends Point to GrowthCountdown to China’s Singles’ Day 2023: Six Months To Go—What Brands and Retailers Should Know in Advance of the Shopping FestivalCalm Before Holiday Shopping Season Begins: US Consumer Survey Insights 2023, Week 42Innovator Profile: Rentle Onboards Retailers to the Rental Market