Luxury Down Jacket Market Scope
A luxury down jacket is a jacket which has been insulated with the soft and warm under feathers from duck or geese. It is a fantastic insulator as the loft or fluffiness of down creates thousands of tiny air pockets which trap warm air and retain heat, thus helping to keep the wearer very warm in cold winter weather. A winter jacket is a garment that can help user withstand the cold, wind, and snow or rain. Mainly, there are 2 types of luxury down jackets being used such as duck down jacket and goose down jacket.
Luxury down jacket market is a fragmented market due to the presence of various players. Companies are focusing on developing fashionable, trendy products and solutions to improve quality, enhances and promotes performance. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launch, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Research Analyst at AMA estimates that China Vendors will contribute to the maximum growth of Global Luxury Down Jacket market throughout the predicted period.
Fast Retailing Co., Ltd (Japan), Yalu Holding Co., Ltd (China), Giordano (China), Eral (China), H&M (Sweden), Yaya (Netherlands), Bosideng (China), Hongdou (China), Baleno (Texwinca Holdings Limited) (China) and Meters/bonwe (China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Jack&Jones (BESTSELLER) (Denmark), Valentino (Italy), The North Face (VF Corporation) (United States), Pierre Cardin (Italy), Marmot (United States), YISHION (Singapore), Columbia Sportswear Company (United States), Semir (China) and Moncler (Italy).
Segmentation Overview
The study have segmented the market of Global Luxury Down Jacket market by Type (Duck Down Jacket and Goose Down Jacket), by Application (Men, Women and Children) and Region with country level break-up.
On the basis of geography, the market of Luxury Down Jacket 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).
Influencing Trend:
Consumers Obsession towards Brands and Globally Converging Fashion due to Increased Travel
Market Growth Drivers:
The Rising Disposable Income, The Rising Demand for Winter Wears among Cold Weather Regions, Changing lifestyle of People and Celebrity Endorsements
Challenges:
Maintaining Brand Loyalty for Service Providers and Streamlining the Consumers Journey and Creating Unique Experiences for Costumers
Restraints:
Luxury Down Jacket are Expensive
Opportunities:
Emerging Demand from Economies
Market Leaders and their Expansionary Development Strategies
In Sep 2020, Fast Retailing Co., Ltd launched Uniqlo, new recycling project. It is beneficial for environment and communities by keeping valuable resources out of landfills. This launch helped company to expand its presence in luxury down jacket market
On 23 February 2018, Moncler's, a leading cloth manufacturer has launched 8 series of brand new innovative luxury jackets including the down jacket and others.
Key Target Audience
Luxury Down Jacket Manufacturers, Luxury Down Jacket Raw Material Suppliers, Luxury Down Jacket Distributors, Luxury Down Jacket Importer/Exporter, Industry Association and Downstream Vendors
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.