Global Outdoor Jacket Market Set to Expand with a CAGR of 4.8% through 2023-2030
According to a new report published by MarkWide Research, titled, “Outdoor Jacket Market,” the global outdoor jacket market is set to expand, projecting a CAGR of 4.8% during the forecast period of 2023-2030. This comprehensive market research report provides an in-depth analysis of the current market dynamics, key trends, growth drivers, challenges, and opportunities within the outdoor jacket industry.
City, Date – Outdoor jackets are essential for providing protection and comfort in various outdoor activities, from hiking to skiing. The global outdoor jacket market is experiencing growth due to several key factors:
- Outdoor Recreation: The growing popularity of outdoor recreation activities boosts the demand for high-performance outdoor jackets.
- Functional Design: Outdoor jackets are designed with features such as waterproofing, breathability, and insulation.
- Sustainability: Consumers increasingly prefer eco-friendly and sustainable outdoor jacket materials.
- Fashion and Lifestyle: Outdoor jackets have become a fashion statement and part of urban lifestyle wear.
- E-commerce: Online platforms provide access to a wide range of outdoor jacket brands and styles.
The global outdoor jacket market is segmented based on material type (synthetic, down, and others), product type (hardshell, softshell, insulated, and others), end-use (men, women, and children), and region.
Geographically, North America and Europe are prominent markets for outdoor jackets, driven by a culture of outdoor activities and changing weather patterns. Asia-Pacific is witnessing growth, supported by increasing interest in outdoor sports and adventure tourism.
Key players in the global outdoor jacket market include The North Face, Columbia Sportswear Company, and Patagonia, Inc., among others. These companies focus on product innovation, sustainability, and expanding their product lines to cater to diverse consumer needs.
In conclusion, the global outdoor jacket market is set to expand as consumers embrace outdoor activities and demand functional, stylish, and sustainable outdoor jackets.