Pune, India, Oct. 25, 2023 (GLOBE NEWSWIRE) -- The global outdoor apparel market size is set to gain traction owing to the rising growth of people participating in physical activities. Fortune Business Insights™ has presented this information in its report titled “Outdoor Apparel Market Size, Share, Growth and Forecast Report, 2023-2030”. Outdoor apparel is experiencing a surge in market growth as people become more attracted to the availability of multiple fabrics specifically designed to handle specific situations, which improves flexibility and ease of use while participating in outdoor activities.
Get a Sample Research PDF:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/outdoor-apparel-market-105788
Leading Players Featured in the Outdoor Apparel Market Research Report:
- Mountain Hardwear
- Salewa
- Aigle
- Lowe Alpine
- BYN BlackYak
- Arendicom GmbH
Report Scope & Segmentation:
| Report Coverage | Details |
| Forecast Period | 2023-2030 |
| Historical Data | 2019-2021 |
| Base Year | 2022 |
| Report Coverage | Revenue Forecast, Company Profiles, Competitive Landscape, Growth Factors and Latest Trends |
| Segments Covered |
|
| Regions Covered |
|
| Outdoor Apparel Market Growth Drivers | The rising growth of people participating in physical activities worldwide is acting as a driving factor for the market growth. |
| The increasing cost of the product is acting as a restraining factor for the market growth. |
Browse Detailed Summary of Research Report:
https://www.fortunebusinessinsights.com/outdoor-apparel-market-105788
Report Coverage
The report covers exhaustive data on the outdoor apparel industry. The report includes data on the driving and restraining factors of the market, challenges and opportunities, and the cumulative COVID-19 impact on the industry.
Drivers & Restraints
A Shift from Traditional Bars to Organic Liquid Soaps Will Augment Market Growth
The growing number of people participating in physical activities around the world has led to an increase in the use of outdoor apparel, which is driving the market growth. According to Global Wellness.Org data, the number of people engaged in physical activities in various countries in 2018 was 69.6% in Japan, 58.8% in the U.S56.2% in Germany, and 56.8% in the U.K. Furthermore, parents are increasingly allowing their children to participate in various outdoor activities such as kayaking, biking, hiking, and others, which generates positive traction.
However, the rising cost of fabric usage raises the final cost of the product, this factor may impede the outdoor apparel market growth.
COVID-19 Impact
With the spread of the COVID-19 virus, the apparel segment has contracted unexpectedly. The majority of brands, manufacturers, and retailers suffered significant losses as a result of the rising inactivity caused by the increasing active cases of COVID-19, which resulted in strict lockdowns. The Chinese market, on the other hand, continued to be the industry's growth engine, with a rising CAGR despite the global pandemic. However, as a result of the crisis, top outdoor apparel retailers and brands have canceled their orders, even after the completion of work.
Segmentation
By Product Type
- Ready to Wear
- Fashion Outerwear
- Swimwear
- Others
By Fabric
- Polyester
- Nylon
- Cotton
- Others
By End-User
- Men
- Women
- Children
By Geography
- North America (U.S., Mexico, and Canada)
- Europe (Germany, Italy, Spain, France, U.K., Russia, and Rest of Europe)
- Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific)
- South America (Brazil, Argentina, and Rest of South America)
- Middle East & Africa (South Africa, UAE, and Rest of ME&A
Get a Quote Now:
https://www.fortunebusinessinsights.com/enquiry/get-a-quote/outdoor-apparel-market-105788
Regional Insights
North America Accounts for a Significant Market Share
North America is expected to have a significant outdoor apparel market share during the forecast period. The growing popularity of camping in this region, which is driving the demand for the product, is likely to fuel the demand. For example, according to Condor Ferries.Co.UK data on 'Camping Statistics 2020,' one out of every 77 million households in the U.S. has at least one person who enjoys camping. Furthermore, the increasing involvement of people fishing in this region is increasing the demand for outdoor apparel. For example, according to the Outdoor Industry. Org data, 16.4% of the American population aged six and up participated in fishing at least once in 2018.
The Asia Pacific is expected to have a significant presence in the outdoor apparel market as a result of the government's efforts to improve tourist destinations, which has aided in increasing usage. For example, according to World Bank.Org data, the urban population of East Asia & Pacific in 2019 is 59.887 percent, up from 59.053 % the previous year.
Competitive Landscape
Key Players to Focus Collaborative Efforts
The industry is fairly competitive with existing key players in the outdoor apparel market. Furthermore, key players are focusing on adopting organic growth strategies like collaboration and new product launches. For instance, in September 2021, a new apparel line called Eastbay Performance was launched by Eastbay and Champs Sports.
Industry Developments
- July 2020: Mountain lifestyle brand Stio Declared its partnership with Coombs Outdoors as their official and exclusive apparel partner.
Speak to Our Expert:
https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/outdoor-apparel-market-105788
About Us:
Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.
Address:
Fortune Business Insights Pvt. Ltd.
9th Floor, Icon Tower, Baner,
Mahalunge Road, Baner, Pune - 411045,
Maharashtra, India.
Phone:
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email: sales@fortunebusinessinsights.com
Follow Us: LinkedIn | Facebook | Twitter
