Outdoor Clothing Market Recorded 4.52% Annual Growth Rate In 2020 | adidas AG, ASICS Corp., Columbia Sportswear Co. will become dominant players


NEW YORK, December 15, 2021 / PRNewswire / – Outsider Apparel Market Overview –

Attractive Opportunities in the Outdoor Clothing Market by Distribution Channel and Geography – Forecast and Analysis 2020-2024

  • Total pages: 120

  • Companies: 10+ including adidas AG, ASICS Corp., Columbia Sportswear Co., G-III Apparel Group Ltd., Hanesbrands Inc., Newell Brands Inc., Outdoor Research, Patagonia Inc., Under Armor Inc. and VF Corp.

  • Blanket: Main drivers, trends and challenges; Product information and news; Value chain analysis; Parents market analysis; Supplier landscape; COVID impact and recovery analysis

  • Segments: Distribution channel (offline and online)

  • Geographies: APAC, North America, Europe, MEA and South America

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According to the recent Technavio market study, the Outdoor clothing market share is expected to increase by $ 3.90 billion from 2019 to 2024, with an accelerated CAGR of 5%. The report provides detailed analysis of drivers and opportunities, top winning strategies, competitive scenario, future market trends, market size and estimates, and major pockets of investment.

APAC will register the highest growth rate of 32% among other regions. China is the key market for APAC outerwear. Market growth in APAC will be faster than market growth in other regions.

Download a FREE sample for more information on key APAC countries

Supplier Information-

The outdoor clothing market is fragmented and vendors are deploying various organic and inorganic growth strategies to stay competitive in the market. Some vendors are engaged in mergers and acquisitions and others are focused on launching new products.

adidas AG – The company offers a wide range of outerwear. Nuvic Down Jacket and Terrex Stockhorn Hooded Fleece Jacket are some of the flagship products offered by the company.

ASICS Corp. – The company offers a wide range of outerwear. Some of the key products offered by the company include Roc Spire Jacket Men and Astral Jacket Men.

Columbia Sportswear Co. – The company offers the women’s Saturday Trail stretch pants and the PHG Ascender softshell jacket for men.

G-III Apparel Group Ltd. – The company offers Long Bay Outdoor Jacket and Waterman Paddle Long Sleeve Hooded Paddle Jacket.

Hanesbrands Inc. – The company offers a wide range of outerwear. Some of the key products offered by the company include Champion X Wood Wood.

Discover additional highlights about vendors and their product offerings, Download a free sample report

Regional market outlook

The growth of outdoor clothing market share in APAC region will be significant during the forecast period. China is the key market for APAC outerwear. Market growth in APAC will be faster than market growth in other regions.

Factors such as increasing millennial population, increasing disposable income, and growing health and fitness awareness among people will drive the growth of the outdoor clothing market in APAC over the course of of the forecast period.

Download our FREE sample report for more highlights on the regional market share of most of the countries mentioned above.

Latest drivers and trends driving the market –

Find additional information on various other market drivers and trends mentioned in our FREE Sample Report.

Here are some similar topics-

Global Online Clothing Retail Market – The global online clothing retail market is analyzed by product (upper, lower, and other clothing), end-user (men’s clothing, women’s clothing, and children’s clothing) and geography (Europe, North America, APAC, South America, and MEA).
Download a free sample exclusive report

Global Sports Footwear Market – The global sports shoes market is analyzed by distribution channel (offline and online) and geography (APAC, North America, Europe, South America, and MEA).
Download a free sample exclusive report

Scope of the outdoor clothing market

Cover of the report

Details

Page number

120

Year of reference

2019

Forecast period

2020-2024

Growth dynamics and CAGR

Accelerate to a 5% CAGR

Market growth 2020-2024

$ 3.90 billion

Market structure

Fragmented

Annual growth (%)

4.52

Regional analysis

APAC, Europe, MEA, North America and South America

Efficient contribution to the market

32% APAC

Main consumer countries

China

Competitive landscape

Leading companies, competitive strategies, reach of consumer engagement

Profiled companies

adidas AG, ASICS Corp., Columbia Sportswear Co., G-III Apparel Group Ltd., Hanesbrands Inc., Newell Brands Inc., Outdoor Research, Patagonia Inc., Under Armor Inc. and VF Corp.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period.

Customization

If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments.

About Us
Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With more than 500 specialist analysts, Technavio’s report library. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.

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Technavio (PRNewsfoto / Technavio)

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SOURCE Technavio

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