What is Outdoor Apparel Goods Market Scope?
Outdoor apparel goods are products used in outdoor activities such as hunting, camping, fishing, bicycling, biking, target shooting, water sports, and many others. These are manufacturers with different materials. The United States holds immense business potential in the outdoor sporting goods industry majorly driven by rising in the e-commerce business, increase disposable income of the United States citizens, the growing popularity of hunting. In this industry-leading sporting goods, retailers are adopting e-commerce models to drive sales.
Influencing Trend:
Rapid Change in Technology Changes the Consumer Behaviour on Shopping and Increase Attention towards Sustainable Wear
Market Growth Drivers:
Development in Outdoor Recreation Industry. In FY 2017, Around 7.6 Million American Had Jobs in Outdoor Recreation Market and Increase Spending by Consumers on Outdoor Activities
Challenges:
Disruption in Supply Chain and Changes in Retail Landscape is Becoming Key Loss of Retail Customers
Restraints:
The Slowdown in Demand Because of the COVID-19 Pandemic Because of Increase in Restriction Such as Mandatory Distance Measure, and Others and Fluctuation in Price of Raw Materials
Opportunities:
Increase in Popularity for Outdoor Individual Sports and The Rice in Number of Vaccinated People are Enhance Number of Outdoor Activities
The Outdoor Apparel Goods market study is being classified by Type (Bags, Cloth, Travel Accessories, Hunting Accessories, Shoes and Others), by Application and major geographies with country level break-up.
The companies are exploring the market in new regions by adopting mergers & acquisitions, expansions, investments, new solution launches, and collaborations as their strategies. Key players are exploring new areas through expansions and acquisitions across the world to avail a competitive advantage through combined synergies Analysts at AMA predicts that Vendors from United States will contribute to the maximum growth of Global Outdoor Apparel Goods market throughout the predicted period.
Patagonia (United States), Arc’teryx (Canada), Marmot (United States), Columbia Sportswear (United States), The North Face (United States), Montbell (Japan), Outdoor Research (United States), Kuhl (United States), Rab (United Kingdom), prAna (United States) and Fjallraven (Sweden) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are L.L. Bean (United States), Black Diamond Equipment (United States) and REI Co-op (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Outdoor Apparel Goods market by Type, Application and Region.
On the basis of geography, the market of Outdoor Apparel Goods has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
In April 2022, Fjällräven and California based Specialized partners to launch new outdoor collection called ‘The Great Nearby. Functional and stylish pieces, relevant to either brands ethos, meant for biking and hiking. This partnership helped company to expand in outdoor apparel goods market
In Sep 2021, Columbia Sportswear revealed Omni-Heat which is a thermal reflective warmth. This new technology is available in jackets, boots, and accessories. Through this initiative, the company becomes more competent in this industry.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Outdoor Apparel Goods Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
Outdoor Apparel Goods Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Outdoor Apparel Goods Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Outdoor Apparel Goods industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.