Outdoor apparel market size to grow by USD 4.40 billion from 2021 to 2026; Growth driven by product innovation leading to portfolio extensions and product premiumization - Technavio

NEW YORK, March 15, 2023 /PRNewswire/ -- The global outdoor apparel market size is estimated to grow by USD 4.40 billion from 2021 to 2026, according to Technavio. The market is estimated to grow at a CAGR of 5.3% during the forecast period. The growth of the market is driven by product innovation leading to portfolio extensions and product premiumization. Vendors are innovating their products in terms of design, quality, and features by using new technologies. For instance, in June 2022, Endurance partnered with Umbro to launch a range of bespoke England Rugby cycling apparel. In 19 June 2022, BUGATTI AUTOMOBILES S.A.S. and Trere lnnovation s.r.l. Unipersonale (UYN) announced the launch of high-performance apparel that offers breathability, fit, and temperature regulation and is apt for outdoor sports events. Such product innovations are helping vendors improve customer engagement with their brands and products. All these factors are driving the growth of the market. For more insights on the market size (2022 to 2026) - Request a sample report

What's New?

• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession 
• Global competitiveness and key competitor positions 
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - buy the report!

Global Outdoor Apparel Market - Vendor Analysis

Some of the key vendors covered in the report includes:

• adidas AG - The company offers adicolor classic high shine track jacket which comes with two way full zip with stand up collar, made with recycled content generated from production waste, and available in variable sizes based on client requirements.
• Amer Sports Corp. - The company offers advanced sports equipment, footwear, apparel and accessories which improve performances and increase the enjoyment of sports and outdoor activities.
• ASICS Corp. - The company offers men readyset jacket lam which features soft, stretchy woven fabric with water resistance designed to help for maintaining dry body during running or jogging.
• Columbia Sportswear Co. - The company offers men cascade ridege II hooded soiftshell jacket that comes with water-resistant fabric with an adjustable cuff and hem for extra protection and resists all liquids below 170 degrees Fahrenheit to keep dry clothes from becoming stained.

Global Outdoor Apparel Market - Segmentation Assessment

Segment Overview
Technavio has segmented the market based on distribution channel (offline and online) and geography (North America, Europe, APAC, South America, and Middle East and Africa).

• The market will observe significant growth in the offline distribution channel segment during the forecast period. Players in the segment are adopting new business and retail strategies, such as pricing and wide assortments, to drive sales. In addition, the expansion of new retail outlets in local and regional markets will support the growth of the segment.

Geography Overview
By geography, the global outdoor apparel market is segmented into North America, Europe, APAC, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global outdoor apparel market.

• APAC will account for 33% of the market growth during the forecast period. The growth of the regional market is driven by various factors including the rising Millennial population, increasing disposable incomes, and growing health consciousness among consumers.

Insights on the market contribution of various segments including country and region wise and forecast market size (2022 to 2026) - Download a Sample Report

Global Outdoor Apparel Market – Market Dynamics

Leading trend influencing the growth

• The growing tourism industry is identified as the key trend in the market.
• The rise in the disposable incomes of consumers has increased their spending on recreational activities, including outdoor sports such as hiking and trekking.
• Countries such as the US, the UK, and China are witnessing a huge influx of international tourists.
• The rise in the number of international tourists is leading to increased spending on outdoor activities. This is consequently increasing the demand for outdoor apparel.

Major challenge hindering the market growth

• The growth of the geriatric population worldwide is challenging the growth of the market.
• The prevalence of health issues such as arthritis, diabetes, and cardiovascular diseases is high among the geriatric population.
• This prevents them from participating in outdoor activities such as climbing, hiking, and trekking.
• According to data published by the US Census Bureau, the global number of geriatrics is expected to exceed 1.5 billion by 2050. This is expected to increase the demand for indoor fitness activities such as yoga and aerobics, and reduce the demand for outdoor apparel.

Insights on market drivers, trends, and challenges and forecast period (2022 to 2026) - Request a sample report!

What are the key data covered in this outdoor apparel market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the outdoor apparel market between 2022 and 2026
• Precise estimation of the size of the outdoor apparel market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the outdoor apparel market across North America, Europe, APAC, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of outdoor apparel market vendors

Gain instant access to 17,000+ market research reports.
Technavio's SUBSCRIPTION platform

Related Reports:

• The outdoor sports apparel market size is expected to increase by USD 4.7 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 6.5%. The market is segmented by end-user (men, women, and kids) and geography (North America, APAC, Europe, South America, and the Middle East and Africa).
• The running apparel and footwear market size in US is expected to increase by USD 9.89 billion from 2021 to 2026, at a CAGR of 6.49%. The market is segmented by end-user (men, women, and children) and distribution channel (offline and online).

Browse through Technavio's Consumer Discretionary Market Reports

Table of contents:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Distribution Channel

• 5.1 Market segments 
• Exhibit 24: Chart on Distribution Channel - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Distribution Channel - Market share 2021-2026 (%)

• 5.2 Comparison by Distribution Channel 
• Exhibit 26: Chart on Comparison by Distribution Channel
• Exhibit 27: Data Table on Comparison by Distribution Channel

• 5.3 Offline - Market size and forecast 2021-2026
• Exhibit 28: Chart on Offline - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Offline - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Offline - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Offline - Year-over-year growth 2021-2026 (%)

• 5.4 Online - Market size and forecast 2021-2026
• Exhibit 32: Chart on Online - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Online - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Online - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Online - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Distribution Channel
• Exhibit 36: Market opportunity by Distribution Channel ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 38: Chart on Market share by geography 2021-2026 (%)
• Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 40: Chart on Geographic comparison
• Exhibit 41: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
• Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
• Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 APAC - Market size and forecast 2021-2026
• Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 China - Market size and forecast 2021-2026
• Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.10 Germany - Market size and forecast 2021-2026
• Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.11 France - Market size and forecast 2021-2026
• Exhibit 74: Chart on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on France - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on France - Year-over-year growth 2021-2026 (%)

• 7.12 UK - Market size and forecast 2021-2026
• Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography 
• Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 83: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape 
• Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 85: Overview on factors of disruption

• 9.4 Industry risks 
• Exhibit 86: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 87: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 88: Matrix on vendor position and classification

• 10.3 adidas AG 
• Exhibit 89: adidas AG - Overview
• Exhibit 90: adidas AG - Business segments
• Exhibit 91: adidas AG - Key news
• Exhibit 92: adidas AG - Key offerings
• Exhibit 93: adidas AG - Segment focus

• 10.4 ASICS Corp. 
• Exhibit 94: ASICS Corp. - Overview
• Exhibit 95: ASICS Corp. - Business segments
• Exhibit 96: ASICS Corp. - Key news
• Exhibit 97: ASICS Corp. - Key offerings
• Exhibit 98: ASICS Corp. - Segment focus

• 10.5 Columbia Sportswear Co. 
• Exhibit 99: Columbia Sportswear Co. - Overview
• Exhibit 100: Columbia Sportswear Co. - Business segments
• Exhibit 101: Columbia Sportswear Co. - Key news
• Exhibit 102: Columbia Sportswear Co. - Key offerings
• Exhibit 103: Columbia Sportswear Co. - Segment focus

• 10.6 G-III Apparel Group Ltd. 
• Exhibit 104: G-III Apparel Group Ltd. - Overview
• Exhibit 105: G-III Apparel Group Ltd. - Product / Service
• Exhibit 106: G-III Apparel Group Ltd. - Key offerings

• 10.7 Hanesbrands Inc. 
• Exhibit 107: Hanesbrands Inc. - Overview
• Exhibit 108: Hanesbrands Inc. - Business segments
• Exhibit 109: Hanesbrands Inc. - Key offerings
• Exhibit 110: Hanesbrands Inc. - Segment focus

• 10.8 Newell Brands Inc. 
• Exhibit 111: Newell Brands Inc. - Overview
• Exhibit 112: Newell Brands Inc. - Business segments
• Exhibit 113: Newell Brands Inc. - Key news
• Exhibit 114: Newell Brands Inc. - Key offerings
• Exhibit 115: Newell Brands Inc. - Segment focus

• 10.9 Outdoor Research 
• Exhibit 116: Outdoor Research - Overview
• Exhibit 117: Outdoor Research - Product / Service
• Exhibit 118: Outdoor Research - Key offerings

• 10.10 Patagonia Inc. 
• Exhibit 119: Patagonia Inc. - Overview
• Exhibit 120: Patagonia Inc. - Product / Service
• Exhibit 121: Patagonia Inc. - Key offerings

• 10.11 Under Armour Inc. 
• Exhibit 122: Under Armour Inc. - Overview
• Exhibit 123: Under Armour Inc. - Business segments
• Exhibit 124: Under Armour Inc. - Key offerings
• Exhibit 125: Under Armour Inc. - Segment focus

• 10.12 VF Corp. 
• Exhibit 126: VF Corp. - Overview
• Exhibit 127: VF Corp. - Business segments
• Exhibit 128: VF Corp. - Key news
• Exhibit 129: VF Corp. - Key offerings
• Exhibit 130: VF Corp. - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 131: Inclusions checklist
• Exhibit 132: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 133: Currency conversion rates for US$

• 11.4 Research methodology 
• Exhibit 134: Research methodology
• Exhibit 135: Validation techniques employed for market sizing
• Exhibit 136: Information sources

• 11.5 List of abbreviations 
• Exhibit 137: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio