Outdoor Clothing Market Expected To Witness a Sustainable Growth Over 2030

The Global Outdoor Clothing Market is expected to reach US$ 19,639.0 Mn by 2026, expanding at a CAGR of 5.6% from 2018 to 2026. In terms of volume, the market is expected to reach 325,873‘000 units by 2026, expanding at a CAGR of 5.4% from 2018 to 2026. In terms of region, North America held the highest market share in the global outdoor clothing market in 2017.The market is segmented by regions into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and South America.

In North America, the number of women buying outdoor clothing is more than men. North America has a favorable outdoor activities culture, which is increasing the participation of women in outdoor activities along with men.The men outdoor clothing market segment is growing at a faster rate than the women’s segment. This trend is expected to continue during the forecast period.

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Similar to North America, in Europe, the proportion of women buying outdoor clothing is more than men. Women’s participation in outdoor activities is increasing in Europe due to cultural factors and tradition. In Europe, the market for men’s outdoor clothing is growing at a faster rate due to increasing participation of men in outdoor activities. Going out for outdoor activities is part of European culture and this trend is expected to continue during the forecast period. As of July 2018, in Germany, the number of men (15-64+ years) and women (15-64+ years) are 34,194,533 and 35,939,222 respectively, holding 42.5% and 44.7% population share. In 2018, participation in outdoor activities in Germany is pegged at 15.2% which is expected to increase to 17.9% by 2023. Rising outdoor activities in Germany is increasing the demand for outdoor clothing products.

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The study provides a conclusive view of the global outdoor clothing market by segmenting it in terms of product type, consumer group, and distribution channel. In terms of product type, the outdoor clothing market has been classified into top wear, bottom wear, and others. Top wear outdoor clothing products are further subcategorized into shirts & t-shirts and jackets & hoodies. Bottom wear outdoor clothing products are subcategorized into trousers, shorts, and leggings &tights. The others category includes hand wear, head wear, gloves, warmer, etc. Based on consumer group, the market is classified into men, women, and kids. Based on distribution channel, the market is segmented into online and offline. Offline outdoor clothing products distribution channel is further subcategorized into large format stores, specialty stores, and individual retailers.

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The report highlights major companies operating in the global outdoor clothing market including :Adidas AG, Columbia Sportswear Company, Hanesbrands Inc., VF Corporation, Hugo Boss AG, Mizuno Corporation, Nike Inc., Puma SE, Under Armour Inc. and Patagonia, Inc.

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