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Market Size - Female Active Wear Industry: United Kingdom
The global active wear industry in 2019 is $398.299 billion or £310.183 billion. The global women's active wear industry in 2019 is $145.93 billion or £113.636 billion. This represent 36.64% of the total global industry. The United Kingdom active wear industry in 2019 is $3.548 billion or £2.762 billion. Using a percentage of 36.64% representing women in the global active wear industry, we calculated the United Kingdom women's market size for Active wear to be approximately £1.012 or $1.3 billion.
Findings
Global Active Wear Industry
- According to Market Insight, the global market size of Active Wear was $351.164 billion in 2017 and this is expected to reach $546.802 billion by 2024. This represents a CAGR of 6.5 % over 2017-2024 period.
- Using the above CAGR of 6.5 % and 2017 value of $351.164 billion we calculated the global market size of the 2018 global market size of Active Wear using the formula below:
- 2017 value * ((1 + CAGR) *(1 + CAGR)) = 2019 value.
- $351.164 billion * ((1 + 6.5%) * (1 + 6.5%)) = $398.299 billion.
- According to Xe currency converter, 1 USD = 0.778725 GBP, hence $398.299 billion will be £310.183 billion.
- The global active wear industry in 2019 is $398.299 billion or £310.183 billion.
Global Women's Active Wear Industry
- The global Women's market size of Active Wear was $124.65 billion in 2017. This represents a CAGR of 8.2% over 2018-2026 period.
- Using the above CAGR of 8.2% and 2017 value of $124.65 billion we calculated the global market size of the 2019 Women's global market size for Active Wear using the formula below:
- 2017 value * ((1 + CAGR) *(1 + CAGR)) = 2019 value.
- $124.65 billion * ((1 + 8.2%) * (1 + 8.2%)) = $145.9307466 billion.
- According to Xe currency converter, 1 USD = 0.778725 GBP, hence $145.93 billion will be £113.636 billion.
- The global women's active wear industry in 2019 is $145.93 billion or £113.636 billion.
Percentage of Women's global Active Wear
- According to Cision PR Newswire, the percentage of women's global Active Wear in relation to total global Active Wear industry was calculated by using the 2019 global market size value of $398.2989879 billion and Women's global market size value of $145.9307466 billion for Active Wear using the formula below:
- (Women's global Active Wear market value/Global Active Wear Industry)*100
- (145.9307466/398.2989879)*100= 36.64%
United Kingdom Active Wear Industry
- According to he United Kingdom market size for Active Wear was £2.5billion in 2017. This represents a CAGR of 5.1% over 2017-2022 period.
- Using the above CAGR of 5.1% and 2017 value of £2.5billion we calculated the United Kingdom market size of the 2019 global market size of Active Wear using the formula below:
- 2017 value * ((1 + CAGR) *(1 + CAGR)) = 2019 value.
- £2.5billion * ((1 + 5.1%) * (1 + 5.1%)) = £2.7615025 billion.
- According to Xe currency converter, £1 = $1.28419, hence £2.762 billion will be $3.548 billion.
- The United Kingdom active wear industry in 2019 is $3.548 billion or £2.762 billion.
United Kingdom Women's Active Wear Industry size.
- According to Drapers, Fashion Network, the UK survey indicates that men are spending more in active wear than women despite major brands targeting women in recent years.
- Using the calculated global percentage of active wear representing women, we take 36.64% and multiply it by the United Kingdom market size for active wear to get the United Kingdom women's market size for Active wear.
- £2.7615025 billion * 36.64% = £1.011814516
- According to Xe currency converter, £1 = $1.28419, hence £1.012 billion will be $1.3 billion
- The United Kingdom women's market size for Active wear is approximately £1.012 or $1.3 billion.