A recent report published by Infinium Global Research on the outdoor clothing market provides in-depth analysis of segments and sub-segments in the global as well as regional outdoor clothing market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional outdoor clothing market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global outdoor clothing market. According to the report, the global outdoor clothing market is projected to grow at a CAGR of 5.5% over the forecast period of 2019-2025.
Consumer taste and preferences are of prime importance in the outdoor clothing market. There are several players present in the manufacturing of outdoor clothing. The leading companies are always focused on innovation that can attract consumers, protect the environment, and benefit to the company. For instance, Adidas AG focuses on innovation that can influence environmental footprint such as dye-drying clothes that save water. The companies are emphasizing research and development, designing, logistics, and marking and branding. New advancements and new requirements of customers are promoting the growth of the outdoor clothing market.
The changing taste and preferences of consumers drive the growth of the outdoor clothing market. The growth of e-commerce is influencing all industries. The growing e-commerce industry and an increasing number of smartphone users contribute to the growth of the outdoor clothing market. In addition, the availability of various options and increasing convenience through e-commerce is propelling the growth of the outdoor clothing market. The adoption of various innovations by clothing manufacturers stimulates the growth of the outdoor clothing market. For instance, the use of compression technology which provides the right pressure and improves muscle power of the wearer. On the flip side, fluctuations in the prices of raw materials hamper the growth of the outdoor clothing market. Moreover, innovations such as smart clothing create opportunities for the growth of the outdoor clothing market.
Geographically, the global outdoor clothing market is divided into North America, Asia-Pacific, Europe, and the Rest of the World. North America is anticipated to be dominant in the global outdoor clothing market. In the United States, a maximum number of women are engaged in outdoor activities which propel the demand for the outdoor clothing market in North America. Asia-Pacific region is expected to grow in the global outdoor clothing market with a healthy CAGR over the forecast period. Asia-Pacific region has a huge population that contributes to an increase in demand for the outdoor clothing market.
The report on global outdoor clothing market covers segments such as product type, distribution channel, and end-user. On the basis of product type, the sub-markets include top wear, bottom wear, and other product types. On the basis of the distribution channel, the sub-markets include online channels, retailers, and supermarkets. On the basis of end-user, the sub-markets include men, women, and kids.
The report provides profiles of the companies in the market such as Nike Inc., Columbia Sportswear Company, Adidas AG, Hanesbrands Inc., VF Corporation, Mizuno Corporation, Hugo Boss AG, The North Face, Under Armour Inc., Patagonia, Inc., and Other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of outdoor clothing market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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