Global Outdoor Jackets Market to Register Robust CAGR of 5.9% by the End of 2025, Predicts QY Research

Author: QYResearch  |   Published Date: 2019-05-29   |   Views: 186

QY Research has published a new report in the domain of consumer goods with titled, “Global Outdoor Jackets Market Report, History and Forecast 2014-2025,” that offers the detailed analysis and accurate results of the overall scenario of the global outdoor jackets market for the predicted period of 2019-2025. The report also consists of the profiles of various top players and the overview of their expansion across the geography. 

The report states that the global outdoor jackets market is expected to reach US$40.3 bn by the end of 2025 from US$27 bn in the year 2018. The market is likely to register with a healthy CAGR of 5.9% throughout the projected period. 

Global Outdoor Jackets Market: Drivers and Restraints

The global market for outdoor jackets will witness significant growth in the coming years. Factors such as availability of lightweight, waterproof, breathable, and fashionable jackets are boosting the demand for outdoor jackets during the forecast period. Increasing participation in sporting activities is also augmenting the growth of the market. Growing adoption of outdoor activity among young population, subsequently rising the demand for outdoor jackets. The clothes made up from natural fiber are enhancing the demand for outdoor jackets and hence, increasing the revenue of manufacturers in the global market. 

However, the high cost of raw material may hamper the growth of the market over the predicted period. 

Global Outdoor Jackets Market: Forecast by Segmentation

The global market for outdoor jackets is segmented into product type and applications. On the basis of application, the market is segmented into female and male. Based on the product type, the market is segmented into expeditionary expedition special, lightweight functional, and medium weight functional. 

Global Outdoor Jackets Market: Forecast by Region 

North America is expected to grab a remarkable market share in the near future. This is due to increasing participation of women in outdoor sports activities in the region. Europe is likely to register a significant market share too outdoor sports activities among men and women remain on the rise. Asia Pacific is also expected to grow at a promising rate as the youth show an inclination in sports and other outdoor activities during the assessment period. 

Global Outdoor Jackets Market: Key Players

BasicNet, Nike, Salewa, Adidas, Asics, Under Armour, Bergans, VF, VAUDE, PUMA, Peak, Lafuma, Billabong, Amer Sports, Xtep, Guirenniao, Helly Hansen, Skechers, Toread, Columbia, Jack Wolfskin, Li-Ning, Mizuno, ANTA, Patagonia, and 361 Degrees are some of the top manufacturers that are operating in the global outdoor jackets market.  

Full Report Overview@ https://www.qyresearch.com/index/detail/1076614/global-outdoor-jackets-market

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