The Future of Luxury Licensing
A 5 YEAR OUTLOOK
the report
This Veloxity Global white paper explores the growing luxury licensing sector in sports apparel, where high-end brands are transforming the sportswear market. With key collaborations between top luxury fashion houses and iconic sports organizations, luxury sports apparel is set to reach USD 25 billion by 2030. This market is driven by the rise of athleisure, the influence of sports icons, and expanding opportunities in women's sports and elite markets like equestrian, polo, and Formula 1. Discover how luxury brands are tapping into this rapidly growing segment and shaping the future of premium sportswear.
What is in the white paper:
the luxury licensing sector in sports apparel is poised to see rapid growth over the next decade. The market is expected to grow from USD 10 billion in 2023 to USD 25 billion by 2030, driven by factors including:
Continued collaboration between luxury and sports brands
Rising demand for premium athleisure wear
Increased market penetration in emerging regions such as Asia-Pacific
The expansion of sportswear offerings tailored to high-income consumers
The ongoing integration of fashion into sports culture
The luxury sports apparel segment is expected to grow at a compound annual growth rate (CAGR) of 12% from 2024 to 2030, far outpacing the broader sports apparel market, which is projected to grow at a CAGR of 6%.