(I-BusinessNews.Com, May 07, 2023 ) The total global market for the “Outdoor Clothing Market” was valued at USD 15.72 Bn in 2022 and is expected to grow at a CAGR of 5.45 percent over the forecast period to reach USD 22.80 Bn by 2029. The report analysed by Maximize Market Research, on the Outdoor Clothing market, covers an extensive regional analysis and competitive landscape.
Outdoor Clothing Market Report Scope and Research Methodology
The Outdoor Clothing Market report provides a qualitative and quantitative analysis of market size, price, demand, mergers and acquisitions, supply chain, investment and expansion plans by key competitors, and predictions. The data for the report is collected by using both primary and secondary collection techniques for the analysis of the Outdoor Clothing industry. SWOT is used to identify the threats and weakness of the market while PESTLE is used to employed for the competitive intensity of the Outdoor Clothing Market.
The Outdoor Clothing Market is driven by the Increasing consumer outdoor participation, growing consumer preference for sustainable outdoor clothing, growing adoption of the western lifestyles and increasing use of the e-commerce platforms. The rising disposable income and growth of the millennial population are also the growth factors for the market.
Outdoor Clothing Market Regional Insights
In 2022, North America dominated the Outdoor Clothing Market with the largest market share. The regional market is driven by the increasing involvement of population in hiking and fishing, growing popularity of the campaign, increasing inclination towards quality products among the consumers and technological advancements.
Maximize Market Research is leading Consumer Goods & Services research firm, has also published the following reports:
Yoga Clothing Market- The market size is expected to reach USD 36.64 Bn by 2029 at a CAGR of 8.3 percent during the forecast period.
Functional Apparel Market- The Market size is expected to reach USD 244.54 Bn by 2029 at a CAGR of 7.43 percent during the forecast period.
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