Overview:

The global leggings market is valued for more than US$ XXX.X Mn in 2019 and expected to reach a value of US$ XXX.X Mn by 2029 with a significant CAGR of around XX.X% over the forecast period of 2019-2029. Legging is a type of elastic and close-fitting garment that comes specifically covers legs. Leggings are preferably used by women and are popular among girls. However, the leggings are also used by men’s specifically by soldiers and sports men to protect the legs and keep them warm in cold environment.

Market Dynamics:

Growing adoption of designed leggings among women across the globe is a major factor driving growth of the global leggings market. Rising income level of female individuals, rising working women population, and growing awareness about fashion trends are some other factors propelling growth of the target market.

In addition, growing product development by key market players is expected to further drive the market growth. For example, many key players have recently launched anti-bacterial leggings and anti-sweat leggings. This kind of developments are expected to offer lucrative market growth opportunities in the near future.

Moreover, growing internet access, increasing smartphone penetration, and rising trend of online shopping are among the other factors expected to result in growth of the global leggings market during the forecast period.

Key Trends:

Increasing focus on strategic partnerships by key players to increase their market presence is a key trend witnessed in the global leggings market. For instance, in October 2019, Lululemon Athletica has announced partnership with the United Nations Foundation to support and improve health of the frontline workers of UN foundation. This strategic initiative will help Lululemon Athletica to increase their social presence in the near future.

Regional Analysis:

For detailed understanding of market dynamics, the global leggings market is analyzed across key regions viz. North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In the year 2019, the global market is dominated by the Europe with highest revenue share. This is owing to high awareness among women population about the product availability, fashion trend, and product benefits. In addition, the wide market presence of key players and cold environment of European countries resulted in the early adoption of leggings among end users. This is another major factor resulted in the target market growth in the region.

However, the market in Asia Pacific region is expected to register highest CAGR during the forecast period. Rising end user base and growing income level of individuals in countries such as China, India, and Japan are key factors expected to result in growth of the target market in Asia Pacific region.

Scope of the Report:

Detailed Segmentation:

Global Leggings Market, By Material Type:

• Cotton
• Nylon
• Polyester
• Other Material (Leather, Wool, and Silk)

Global Leggings Market, By End User:

• Women
• Men
• Kids

Global Leggings Market, By Distribution Channel:

• Offline
• Online

Key Players Covered:

Key players operating in the global leggings market includes Adidas AG, Under Armour, Inc., Nike, Inc., GOLDWIN INC., American Eagle Outfitters, Inc., ANTA Sports Products Limited, Varley Clothing Limited, Gymshark Ltd., Spanx, Inc., and Dollar Industries Limited.

Key Features of the Study:

Foresight Market Research provides detailed analysis on global market in our report- Global Leggings Market by material type, end user, distribution channel, and region. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2019 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the global leggings market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, market expansion, and marketing tactics used overall the globe.