IPL T20
"How the leggings industry grew to be worth billions of dollars "


By - 16 Jan 2024 01:08 AM
"By the end of the 2020s, few could have predicted that one of the most mocked fashion staples of the 1980s, a decade that never quite experienced the style comeback of the decades that preceded it, would be a multibillion-dollar industry unto itself. However, it seems like leggings are actually having the last laugh.
Growth Market Reports, a market research company, has projected that the global leggings market, which was valued at $32.89 billion in 2022, will grow to a value of $57.97 billion by 2031. According to Statista's data analysis, 4 billion pairs of tights and leggings will be produced by 2027. These astounding figures demonstrate a profound cultural shift in addition to a seismic shift in fashion."