Wilmington, Delaware, United States, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. -The global outdoor clothing market was projected to attain US$ 13.9 billion in 2021. It is anticipated to garner a 5.6% CAGR from 2022 to 2031 and by 2031; the market is likely to attain US$ 23.6 billion by 2031.
Consumers choose natural materials over synthetic materials for apparel because they are more comfortable. Outdoor clothing firms are breaking into new markets by utilizing e-commerce platforms.
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It is anticipated that the demand for outdoor clothing products would grow internationally as outdoor activities become more popular worldwide and as e-commerce activities develop.
Key Findings of the Market Report
- Stylish outdoor clothing that is lightweight, waterproof, and warm in extremely hot weather is what modern customers are more likely to choose than robust gear.
- Producers are employing innovative technologies to create outdoor clothing for their customers.
- Innovative apparel items like pressure technology, which increases the user's muscular strength and oxygen delivery to the body, aid in achieving ideal pressure.
- These clothes can also regulate the moisture content and temperature, creating a microclimate inside the skin and fabric.
- The growing popularity of "techwear," or outdoor clothing that blends fashion and utility, is driving the market's expansion.
Market Trends for Outdoor Clothing
- The outdoor clothing market is divided into two segments based on material type: synthetic and natural. Producers of outdoor travel gear are concentrating on incorporating more natural fibers in their products. End customers are starting to favor outdoor and hiking apparel made of cotton, silk, wool, and jute more and more. Natural textiles are not only eco-friendly and fashionable, but also multipurpose and durable.
- When it comes to strength, flexibility, and softness, natural fiber surpasses conventional fiber. The expansion of the textile industry has been significantly impacted by rising cotton output in India, China, and the United States. Market participants are still attempting to reduce their adverse effects on the environment by manufacturing outdoor clothes from eco-friendly materials.
- Market players are still attempting to reduce their adverse effects on the environment by manufacturing outdoor clothes from eco-friendly materials. Producers are putting more effort into creating items that are both stylish and cozy for customers. Customers are searching for the top low-cost outdoor gear brands that provide high-quality outdoor clothes. To reach a large consumer base, the top European outdoor clothing businesses are selling their merchandise online.
Market for Outdoor Clothing: Regional Outlook
- The outdoor clothing market was controlled by North America globally. The market in the area is expected to expand in the near future; in 2021, it was estimated to be worth US$ 4.2 billion. In 2021, American consumers spent up to US$ 33.2 billion at gyms, fitness centers, and other establishments on eco-friendly outdoor clothing that was practical and comfortable.
- In addition, the increasing number of hiking routes being built in the United States, which are used by many climbers, is promoting the outdoor clothing trend both nationally and regionally.
- The outdoor clothing market with the rapid rate of growth is Asia Pacific. This is due to customers in emerging nations like India, China, South Korea, Japan, Hong Kong, and Singapore having more purchasing power and being prepared to shell out money for cozy outdoor clothing.
- Numerous foreign businesses are also able to market and sell their goods in these economies because of this aspect. For example, Timberland LLC, an American outdoor clothing brand, collaborates with Myntra, an Indian e-commerce platform, to provide its items online in India.
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Key developments by the players in this market are:
| Company name | Key Developments |
| Columbia Sportswear |
|
| Hanesbrands Inc. |
|
Global Outdoor Clothing Market: Key Players
The majority of the companies are making large investments in thorough research and development, mostly to develop environmentally friendly products. Prominent players also use mergers, acquisitions, and product portfolio growth as important tactics. The following companies are well-known participants in the global outdoor clothing:
- Adidas AG
- Columbia Sportswear Company
- Hanesbrands Inc.
- VF Corporation
- Hugo Boss AG
- Mizuno Corporation
- Nike Inc.
- Puma SE
- Under Armour Inc.
- Patagonia, Inc.
- Timberland LLC
Global Outdoor Clothing Market Segmentation
Product Type
- Top Wear
- Shirts & T-Shirts
- Jackets & Hoodies
- Bottom Wear
- Trousers
- Shorts
- Leggings & Tights
- Coveralls
- Others
Material
- Natural
- Cotton
- Wool
- Leather
- Others
- Synthetic
- Nylon
- Polyester
- Others
End User
- Men
- Women
- Kids
Price
- Low
- Medium
- High
Distribution Channel
- Online
- Company Website
- E-commerce Website
- Offline
- Specialty Stores
- Hypermarkets & Supermarkets
- Others
Region
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
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