The UK market for tracksuits, ski suits, and swimwear has shown variability from 2013 to 2023, with the value standing at 397.55 million Euros in 2023. Key trends include significant growth in 2015, followed by fluctuations that saw both declines in some years and growth in others. The COVID-19 pandemic had a notable impact, causing a sharp decline in 2020. However, the market rebounded with a 21.91% increase in 2021.
Over the last two years, the market demonstrated modest annual growth with a year-on-year increase of 1.15% in 2022 and 1.11% in 2023. The Compound Annual Growth Rate (CAGR) for the past five years stands at 1.31%, indicating steady, albeit slow, growth.
Looking forward, the forecast from 2024 to 2028 predicts an average annual growth rate (CAGR) of 0.88%, culminating in a market size of 420.39 million Euros by 2028. Key trends to watch include the influence of increasing health consciousness, the popularity of athleisure wear, and the potential impacts of economic changes.
