Outdoor Footwear and Apparel Market, in terms of revenue, was worth of USD 18.85 billion in 2018 and is expected to reach USD 27.75 billion in 2025, growing at a CAGR of 5.71% from 2019 to 2025.
The global outdoor footwear and apparel market is expected to grow at significant growth rate due to a number of driving factors. The main reason of growing demand for outdoor footwear and apparel is increasing necessity of feeling secure when doing outdoor activities by young participants, easy availability of products due to internet connection, rising use of online platforms, extravagant investment in promotion showing the features of products and growing awareness among customers about the benefits of recreational activities. For example, in case of USA, about 34% of outdoor participants live in cities who tend to be young, with diverse ethnicity and spend mainly on outdoor gears.
Outdoor Footwear and Apparel Market applies the most effective of each primary and secondary analysis to weighs upon the competitive landscape and also the outstanding market players expected to dominate Outdoor Footwear and Apparel Market place for the forecast 2019– 2025.
Outdoor footwear and apparel products are specific outfits used mainly for outdoor recreational activities. As the urbanization is growing rapidly worldwide, urban dwellers are becoming more interested in outdoor recreational activities such as biking, skiing, fishing, hiking, trekking etc. Outdoor recreation have a substantial role in physical fitness as well as daily lives of many human beings mainly of developed countries of Europe and North America, providing physical, spiritual and mental benefits and excitement for natural world etc.
One of the distinct features of outdoor foot and apparel market is that it is more diverse than any other sector as consumer participation is divided in to many outdoor recreational activities which need different products to equip with, which makes the market more secure and not dependent on a particular type of product. U.S. national statistics shows that consumers tend to invest more in outdoor products when they have more disposable income and sufficient amount of leisure time to spend on outdoor activities.
Outdoor Footwear and Apparel Market Key Market Segments:
By Application: Game, Sport Activity
By Type Analysis: Sportswear, Outdoor Clothing, Innerwear, Footwear, Socks, Swimwear
By Finishing Analysis: Water-Resistant, Anti-Microbial, Wicking, Stain-Resistant, Others
The apparel type segment of outdoor footwear and apparel market is divided into outdoor outwear, outdoor sportswear, fishing apparel and others. Outdoor outwear is dominating the market with highest share of XX% in 2018, estimated to generate revenue of USD XX billion due to growing awareness of physical fitness, style statement and increasing disposable income.
In case of outdoor footwear segment, Casual Outdoor Shoes has highest share of XX% in 2018 global outdoor footwear industry with CAGR of 5.76% in forecast period due to technological development creating curiosity of trying new products, steady need among professional outdoor enthusiasts, rising use of products as style statement among casual participants and increasing number of outdoor events and recreational activities.
Key Benefits for Market Reports –
Global market report covers in depth historical and forecast analysis.
Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global market report helps to identify opportunities in market place.
Global market report covers extensive analysis of emerging trends and competitive landscape.
Market by Regional Analysis
North America (USA, Canada, Mexico), Europe (UK, France, Germany, Russia, Rest of Europe), Asia-Pacific (China, South Korea, India, Japan, Rest of Asia-Pacific), LAMEA, Latin America, Middle East, Africa
The regions covered in global outdoor footwear and apparel market are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, global outdoor footwear and apparel market sub divided into U.S., Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, Brazil, Mexico, GCC, Africa, etc. North America is dominating the market with share of XX % due to culture of outdoor recreational activities, presence of major players of outdoor apparel and existing awareness among the population of North America with estimated revenue of XX billion in 2025. Europe is second dominating market due to increasing outdoor events that are organized by market players in this region and is having revenue of XX USD billion in 2018 and estimated to have revenue of XX USD billion in 2025 with CAGR of XX% in forecast period.
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