Market Overview
Global Outdoor Performance Apparel Industry is poised to record a CAGR of 4.52% and reach USD 27.87 billion by 2025.
Market Dynamics
The growing popularity of outdoor activities such as cycling, running, ski diving, swimming, fishing, and hunting is a major factor driving the global Outdoor Performance Apparel Industry's growth. Additionally, the growing number of triathletes is propelling the market forward. Additionally, increasing household income per capita, a growing young population, and the growing popularity of adventure sports are expected to drive the global demand for outdoor performance apparel during the forecast period. Increased membership in fitness clubs and gyms is driving global demand for outdoor and sports apparel. Individuals are becoming more mindful of the health benefits of outdoor games and activities. The increase in celebrity endorsements of outdoor and sports apparel brands is fueling global demand for this type of apparel.
Local manufacturers sell outdoor performance apparel that meets consumer demands and retailers' expected inventories. Additionally, these manufacturers offer their goods in unorganized markets at significantly lower prices, stifling growth in the global outdoor performance apparel industry. Private-label product revenues are largely unaccounted for, resulting in a revenue gap in the global outdoor performance apparel industry. As a result, the growing number of private label manufacturers offering low-cost products is expected to restrain the growth of established players in the global outdoor performance market over the forecast period.
The growing number of private label manufacturers, on the other hand, is impeding the market's growth. The global Outdoor Performance Apparel Industry is expected to become lucrative for vendors operating in developed and developing economies alike, owing to various government initiatives promoting outdoor activities, as well as the impact of social media and creative marketing strategies.
Key Players
The Prominent Players in the Global Outdoor Performance Apparel Industry include Columbia Sportswear Company (US), Zensah (US), V. F. Corporation (US), Voormi (US), Páramo Ltd (UK), ES Performance (US), Amer Sports (Finland), Habit Outdoors (US), Vista Outdoor Inc (US), and Marolina Outdoor Inc. (US).
Market Segmentation:
Based on Type, the global Outdoor Performance Apparel Industry has been divided into jackets & vests, pants & trousers, boots & shoes, base layers, compression wear, and others. The boots & shoes segment is touted to dominate the global market and be valued at USD 9.01 billion by the end of 2025. The jackets & vests segment is projected to grow at the fastest CAGR of 4.88% over the review period.
Based on fabric type, the global market is further segmented into woven and knit.
On the basis of the distribution channel, the market is segmented into smaller segments including cycling, hunting & fishing, running, ski & snow, swimming & water sports, and others. The category segment is categorized into supermarkets & hypermarkets and specialty stores and online.
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Regional Analysis
Throughout the forecast era, Europe is projected to hold a commanding share of the outdoor performance apparel industry. In 2018, the area accounted for 41.47 percent of the industry. Germany is the primary contributor to Europe's business development. The regional market is expected to develop at a significant CAGR of 4.41 percent from 2019 to 2025. Individuals of all ages are becoming more health conscious, and their focus on keeping fit and safe has increased participation in outdoor sports activities. The launch of new products and the advancement of outdoor performance apparel are expected to drive the Outdoor Performance Apparel Industry in Europe during the forecast period.
Additionally, the demand in North America accounts for a sizable portion of the Outdoor Performance Apparel Industry, owing to key manufacturers' expanding outdoor performance apparel product portfolios. The growing popularity of outdoor performance apparel across multiple industries is expected to be a significant growth driver for businesses operating in the outdoor performance apparel space. North America's economy is divided into the United States, Mexico, Canada, and others.
The APAC region's market is segmented into India, China, Japan, and other countries. Consumer demand for outdoor performance clothing will benefit companies worldwide from 2019 to 2025. However, growth could be stifled by the increasing demand for alternative energy sources. Additionally, the market is segmented into the Middle East and Africa region.
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Market OverviewGlobal Outdoor Performance Apparel Market is predicted to register a CAGR of 4.52% during the 2019 to 2025 forecast period.
The growth is anticipated to be supported by the growing demand from companies across many industries.
However, the growing penetration of alternatives in the market will negatively affect the outdoor performance apparel market’s growth.
While the increasing demand from various industry verticals will support the market during the forecast period and the growing demand for innovative products will also help the market globally, the growth could be affected by the increasing preferences for cheaper alternative solutions which could hinder business activities.
The category segment is categorized into supermarkets & hypermarkets and specialty stores and online.The presence of many untapped opportunities across the market will drive growth in the market during the forecast period 2019 to 2025.
Economic activities surrounding the outdoor performance apparel sector will also get benefitted from the increasing preference of consumers.
The Global Outdoor Apparel Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.
The report classifies the market into different segments.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global Outdoor Apparel Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 @ https://www.decisiondatabases.com/ip/1988-outdoor-apparel-market-reportThe report also covers the complete competitive landscape of the global Outdoor Apparel market with company profiles of key players such as: Arc’teryxThe North FaceSalewaBLACKYAKMarmotMountain HardwearMammutVAUDEColumbiaLafumaAIGLELowe AlpineKailasSkogstadJack WolfskinFjallravenNORTHLANDAtunasOzarkThe detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT: By TypeProfessional SportGeneralBy ApplicationFor MenFor WomenFor KidsBy GeographyNorth America (NA) – US, Canada, and MexicoEurope (EU) – UK, Germany, France, Italy, Russia, Spain & Rest of EuropeAsia-Pacific (APAC) – China, India, Japan, South Korea, Australia & Rest of APACLatin America (LA) – Brazil, Argentina, Peru, Chile & Rest of Latin AmericaMiddle East and Africa (MEA) – Saudi Arabia, UAE, Israel, South AfricaDownload Free Sample Report of Global Outdoor Apparel Market @ https://www.decisiondatabases.com/contact/download-sample-1988The Global Outdoor Apparel Market has been exhibited in detail in the following chapters –Chapter 1 Outdoor Apparel Market Preface Chapter 2 Executive SummaryChapter 3 Outdoor Apparel Industry AnalysisChapter 4 Outdoor Apparel Market Value Chain AnalysisChapter 5 Outdoor Apparel Market Analysis By TypeChapter 6 Outdoor Apparel Market Analysis By ApplicationChapter 7 Outdoor Apparel Market Analysis By GeographyChapter 8 Competitive Landscape Of Outdoor Apparel CompaniesChapter 9 Company Profiles Of Outdoor Apparel IndustryPurchase the complete Global Outdoor Apparel Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-1988Other Reports by DecisionDatabases.com:Global Luxury Apparels Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Wedding Apparel Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027Global Hiking Apparel Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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