Winter Wear Market

Winter Wear Market Revenue Drivers, Growth Opportunities, Value Chain Analysis and Forecast Research Report Till 2025

“The global winter wear market size is projected to touch USD 359.8 billion by the end of 2025, as per the report released by Million Insights. It is estimated to grow with a CAGR of 4.3% from 2019 to 2025.”

The global Winter Wear Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development.

Market Overview: The global winter wear market size was accounted for USD 268.3 billion, in 2018. It is projected to ascend with a CAGR of 4.3% from 2019 to 2025. Factors such as extreme low cold temperatures, increasing demand for lightweight winter wear apparels providing more warmth to the body and protection against frostbite are fueling the market growth. Moreover, changing fashion and customers’ preferences to travel to snowy destinations for vacations and the growth of snowboarding and other related sports are further projected to augment the demand for winter wear over the estimated period.

Key Players:          

Gap Inc. VF Corporation Columbia Sportswear Company The North Face, Inc. Patagonia Zara SA Arc'teryx Equipment, Inc. Recreational Equipment, Inc. American multinational corporation Crew Group, Inc.

Request free sample to get complete analysis of top-performing companies @ https://www.millioninsights.com/industry-reports/global-winter-wear-market/request-sample Growth Drivers: Increasing global warming and greenhouse gases have led to a drop in temperature in various regions, thereby, supporting the demand for winter wear apparels. Other factors such as demand for branded and high-end winter apparel, increasing per capita income and expansion of distribution networks are further driving the demand for the product.

Further, changing weather conditions, due to environmental degradation, has supplemented the sales of winter wear apparels across different segments. Moreover, consumer inclination towards newly arrived fashionable clothing over conventional ones coupled with the tendency for lightweight winter wear is projected to boost the growth of the product over the estimated duration.

The rise in the frequency of buying winter clothing along with increasing spending on these products by the consumers particularly in emerging nations such as Brazil, India and China has augmented the sales of winter wear. Furthermore, the launch of smart technology equipped winter w ear and product innovation have provided growth avenues for the manufacturers.

The winter wear sales are largely affected by dropping temperatures due to global warming. However, the winter season is quite shorter resulting in consumer preference for a lighter version and costeffective winter wear apparel. The unorganized retails significantly enjoying a dominant position in various countries.

Product Outlook:    

Coats & Jackets Sweaters & Cardigans Shawls & Scarves Others

End User Outlook:   

Men Women Children

Regional Outlook: In 2018, Asia Pacific led the winter wear market with a 35.2% share. Factors such as the growing preference for innovative winter wear apparels and increasing population in nations such as India and China are driving the growth of the regional market. Also, changing weather pattern in Southeast Asian countries leads to the growing demand for this apparel.

Middle East & Africa is projected to expand with a CAGR of 7.6% in the forecast duration. Nations such as UAE, South Africa and Saudi Arabia are the leading consumers of fashionable winter wear apparel.

South Africa accounted for per person revenue of approx. USD 5.0 from winter wear in 2018. Further, drastic fall in temperature in the African nations is projected to contribute positively to the growth of the regional market in the upcoming years.

Browse Related Category Research Reports @ https://industryanalysisandnews.wordpress.com/

Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com

Global Headquarters

Asia Pacific

Million Insights

Million Insights

Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States

Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India

Phone: 1-408-610-2300 Email: sales@millioninsights.com

Phone: 91-20-65300184 Email: sales@millioninsights.com