The global winter wear market is anticipated to grow at a significant CAGR of 4.9% during the forecast period. The destinations with snowfalls are the majorly preferred for traveling and spending vacations, due to which demand for winter wears is growing. Moreover, there are several games, including a scavenger hunt, snow tube race, snowball toss, and snow toss that are played in the snow, which is expected to drive the growth of the winter wear market. Every year in February Japan celebrated the festival named Sapporo Snow festival which gives the hike in winter wear for a particular period.
People are switching from polyester clothes to eco-friendly clothes. Now a day’s people are more conscious of nature conservation. Many kinds of materials are harming the surrounding. Consumers are switching their preferences to eco-friendly biodegradable clothes which are also gentle to the skin. Different companies are providing clothes that are biodegradable and eco-friendly. Patagonia, a US-based company is producing polyester fabric by recycling old polyester. Save the duck is producing the winter coats which are made up of recycled plumtech (which is made from recycled bottles). Such innovations are expected to generate new opportunities for the market during the forecast period. For instance, In December 2019, Zara has announced a new eco edit in which they were providing knitwear that was completely made from recycled cashmere puffer coats that use stuffing from recovered textile products
Impact of COVID-19 Pandemic on Global WINTER WEAR Market
The COVID-19 pandemic had drastically reduced the production of winter wear as the fashion brands and retailers canceled their orders. The supply of raw materials was also disrupted due to several trade restrictions. The pandemic not only affects manufacturing but also affects the distribution channel as companies were closing their stores and shifting their business online.
Segmental Outlook
The global winter wear market is segmented based on the material, gender, and distribution channel. Based on the material, the market is segmented into wool, fur, leather, and others. Based on gender, the market is sub-segmented into men, women, and general. Based on the distribution channel, the market is sub-segmented into offline and online. The wool plays a major role in the winter wear market due to its exciting colors and lightweight.
Global Winter Wear Market Share by Material, 2021 (%)
Wool is Majorly used Material in the Global Winter Wear Market.
The material segment holds the major share in the winter wear market. Brands are focusing on product innovation by using different kinds of materials. Woolen plays a major role in the winter wear market as woolen contains a large amount of trapped air which doesn’t allow body heat to flow out.
The usage of leather in winter wear is getting reduced over time. People realize they are wearing things that are made up of dead animal skins. The consumer is switching their preference to vegan leather. For Instance, in September 2018, James & Co. announced a cruelty-free leather collection. The leather which is used to make jackets is made up of pineapple. Governments across the globe are also encouraging winter wear made without any animal harm. For Instance, in April 2021, the US banned the use of kangaroo skin leather. The bill was passed to stop big brands like Adidas, and Nike from using Kangaroo leather in their products.
There are other materials that being innovated by market players for the manufacturing of winter wears. Many companies are using material that is made up of chemicals that are derived from fossil fuel-based crude oil. For instance, in April 2021, Kmart was preparing to launch its stylish coat made up of recycled material.
Regional Outlooks
The global Winter Wear market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). Asia-pacific countries are anticipated to maintain their dominance during the forecast period.
Global Winter Wear Market Growth, by Region 2022-2028
The Colder Countries, like US and UK have Higher Demand for the Winter wear.
The demand for winter wear clothes is higher in prominent colder nations including the US, Canada, and the UK. Dropping temperature below zero in these regions is contributed to the rise in demand for the winter wear products. In emerging countries such as China and India, the demand for fashionable winter wear is increasing because in these countries the consumer not only prefers the cloth that protects them from winter but also needs trendy clothes.
Market Players Outlook
The major companies serving the global Winter Wear market include H&M Hennes & Mauritz AB, Wintergreen Northern Wear, NNNOW, Nike, Inc., Patagonia, Inc, Chogori India Retail Ltd., FENIX OUTDOOR INTERNATIONAL AG, Old Navy, LLC, Marmot Mountain, LLC, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in October 2019, UNIQLO Co., Ltd., a Japanese retailer of apparel had inaugurated their first outlet in New Delhi, India.
The Report Covers
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. adidas India Marketing Pvt. Ltd.
3.1.1.1. Overview
3.1.1.2. Financial Analysis
3.1.1.3. SWOT Analysis
3.1.1.4. Recent Developments
3.1.2. H&M Hennes & Mauritz AB
3.1.2.1. Overview
3.1.2.2. Financial Analysis
3.1.2.3. SWOT Analysis
3.1.2.4. Recent Developments
3.1.3. Nike, Inc.
3.1.3.1. Overview
3.1.3.2. Financial Analysis
3.1.3.3. SWOT Analysis
3.1.3.4. Recent Developments
3.1.4. PUMA SE
3.1.4.1. Overview
3.1.4.2. Financial Analysis
3.1.4.3. SWOT Analysis
3.1.4.4. Recent Developments
3.1.5. Wintergreen Northern Wear
3.1.5.1. Overview
3.1.5.2. Financial Analysis
3.1.5.3. SWOT Analysis
3.1.5.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Winter Wear Market by Material
4.1.1. Wool
4.1.2. Leather
4.1.3. Fur
4.1.4. Others (Velvet,Silk and silk blends)
4.2. Global Winter Wear Market by Gender
4.2.1. Men
4.2.2. Women
4.2.3. General
4.3. Global Winter Wear Market by Distribution Channel
4.3.1. Online
4.3.2. Offline
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Amer Sports
6.2. Benetton Group
6.3. Chogori India Retail Ltd.
6.4. FENIX OUTDOOR INTERNATIONAL AG.
6.5. F21 IPCo, LLC
6.6. Gap Inc.
6.7. J.Crew
6.8. Marmot Mountain, LLC.
6.9. Ministry of Supply
6.10. New Balance
6.11. NNNOW
6.12. Old Navy, LLC
6.13. Patagonia, Inc.
6.14. Recreational Equipment, Inc.
6.15. SMS Group GmbH
6.16. THE NORTH FACE
6.17. Under Armour, Inc.
6.18. Canada Goose Inc.
1. GLOBAL WINTER WEAR MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2020-2027 ($ MILLION)
2. GLOBAL WOOLEN WINTER WEAR MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
3. GLOBAL LEATHER WINTER WEAR MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL FUR WINTER WEAR MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
5. GLOBAL OTHERS WINTER WEAR MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
6. GLOBAL WINTER WEAR MARKET RESEARCH AND ANALYSIS BY GENDER, 2020-2027 ($ MILLION)
7. GLOBAL MEN WINTER WEAR MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
8. GLOBAL WOMEN WINTER WEAR MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
9. GLOBAL GENERAL WINTER WEAR MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
10. GLOBAL WINTER WEAR MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2020-2027 ($ MILLION)
11. GLOBAL ONLINE WINTER WEAR MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
12. GLOBAL OFFLINE WINTER WEAR MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
13. GLOBAL WINTER WEAR MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027 ($ MILLION)
14. NORTH AMERICAN WINTER WEAR MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
15. NORTH AMERICAN WINTER WEAR MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2020-2027 ($ MILLION)
16. NORTH AMERICAN WINTER WEAR MARKET RESEARCH AND ANALYSIS BY GENDER, 2020-2027 ($ MILLION)
17. NORTH AMERICAN WINTER WEAR MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2020-2027 ($ MILLION)
18. EUROPEAN WINTER WEAR MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
19. EUROPEAN WINTER WEAR MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2020-2027 ($ MILLION)
20. EUROPEAN WINTER WEAR MARKET RESEARCH AND ANALYSIS BY GENDER, 2020-2027 ($ MILLION)
21. EUROPEAN WINTER WEAR MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2020-2027 ($ MILLION)
22. ASIA-PACIFIC WINTER WEAR MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
23. ASIA-PACIFIC WINTER WEAR MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2020-2027 ($ MILLION)
24. ASIA-PACIFIC WINTER WEAR MARKET RESEARCH AND ANALYSIS BY GENDER, 2020-2027 ($ MILLION)
25. ASIA-PACIFIC WINTER WEAR MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2020-2027 ($ MILLION)
26. REST OF THE WORLD WINTER WEAR MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
27. REST OF THE WORLD WINTER WEAR MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2020-2027 ($ MILLION)
28. REST OF THE WORLD WINTER WEAR MARKET RESEARCH AND ANALYSIS BY GENDER, 2020-2027 ($ MILLION)
29. REST OF THE WORLD WINTER WEAR MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2020-2027 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL WINTER WEAR MARKET, 2020-2027 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL WINTER WEAR MARKET BY SEGMENT, 2020-2027 ($ MILLION)
3. RECOVERY OF GLOBAL WINTER WEAR MARKET, 2021-2027 (%)
4. GLOBAL WINTER WEAR MARKET SHARE BY MATERIAL, 2020 VS 2027 (%)
5. GLOBAL WOOL WINTER WEAR MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
6. GLOBAL LEATHER WINTER WEAR MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
7. GLOBAL FUR WINTER WEAR MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
8. GLOBAL OTHER WINTETR WEAR MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
9. GLOBAL WINTER WEAR MARKET SHARE BY GENDER, 2020 VS 2027 (%)
10. GLOBAL MEN WINTER WEAR MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
11. GLOBAL WOMEN WINTER WEAR MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
12. GLOBAL GENERAL WINTER WEAR MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
13. GLOBAL WINTER WEAR MARKET SHARE BY DISTRIBUTION CHANNEL, 2020 VS 2027 (%)
14. GLOBAL ONLINE WINTER WEAR MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
15. GLOBAL OFFLINE WINTER WEAR MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
16. GLOBAL WINTER WEAR MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
17. US WINTER WEAR MARKET SIZE, 2020-2027 ($ MILLION)
18. CANADA WINTER WEAR MARKET SIZE, 2020-2027 ($ MILLION)
19. UK WINTER WEAR MARKET SIZE, 2020-2027 ($ MILLION)
20. FRANCE WINTER WEAR MARKET SIZE, 2020-2027 ($ MILLION)
21. GERMANY WINTER WEAR MARKET SIZE, 2020-2027 ($ MILLION)
22. ITALY WINTER WEAR MARKET SIZE, 2020-2027 ($ MILLION)
23. SPAIN WINTER WEAR MARKET SIZE, 2020-2027 ($ MILLION)
24. REST OF EUROPE WINTER WEAR MARKET SIZE, 2020-2027 ($ MILLION)
25. INDIA WINTER WEAR MARKET SIZE, 2020-2027 ($ MILLION)
26. CHINA WINTER WEAR MARKET SIZE, 2020-2027 ($ MILLION)
27. JAPAN WINTER WEAR MARKET SIZE, 2020-2027 ($ MILLION)
28. SOUTH KOREA WINTER WEAR MARKET SIZE, 2020-2027 ($ MILLION)
29. REST OF ASIA-PACIFIC WINTER WEAR MARKET SIZE, 2020-2027 ($ MILLION)
30. REST OF THE WORLD WINTER WEAR MARKET SIZE, 2020-2027 ($ MILLION)