The North America Headwear Market should witness market growth of 5.6% CAGR during the forecast period (2022-2028).
A favorable picture for the market is being created by developing smart helmets outfitted with Bluetooth connectivity, audio navigation, cameras, sensors,and voice control to improve the riding experience and offer additional protection. Also, the demand for headwearis growing due to the growing use of the product by Special Forces, the military, firefighters, and policeas part of essential protective gear. Furthermore, the market is expected to increase due to several other reasons, such as the increasing adoption of sustainable production techniques, simple product availability throughout e-commerce platforms, and rising product usage by physicians and medical personnel.
Additionally, hats could be beneficial for the condition of the hair. They shield the scalp and hairfrom the weather on cooler days. This is especially advantageous if someone goes outside with damp hair, which could weaken and become more fragile when exposed to the cold. While the sun burns out hair and ages the color, protecting the scalp and hair from UV radiation throughout the warmer months is critical. Wearing hats to stay warm is getting increasingly popular. Individuals bring their sense of style outdoors by donning headwear that protects them from extreme weather. Since anybody can use them, regardless of age or gender, the application of these accessories is growing.
Baseball caps are one of the most used and preferred headwear in this region. Baseball caps have been used to identify a player's team for over a century. Still, modern hat-making technology makes it possible for customers to buy bespoke baseball caps representing the team, group, business, or family and their interests, talents, or hobbies. Americans enjoy logo-adorned clothing in general. Thereforebaseball caps featuring logos are some of the most popular hats in the nation.Additionally, baseball hats are a national treasure in the United States. In reality, a baseball cap with a player's signature is honored exceptionally and has become a trend. Hence, the high demand for headwear in the region will propel the market's growth during the forecasted period.
The US market dominated the North America Headwear Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $7,334.1 million by 2028. The Canada market is experiencing a CAGR of 8% during (2022-2028). Additionally, The Mexico market would exhibit a CAGR of 7% during (2022-2028).
Based on Distribution Channel, the market is segmented into Offline and Online. Based on Type, the market is segmented into Hats & Caps, Beanies and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Adidas AG, PVH Corporation (Calvin Klein), Capri Holdings Limited, Guccio Gucci S.p.A. (Kering Group), New Era Cap Co., Lacoste (Maus Frères SA), Superdry Plc, Nike, Inc., Ralph Lauren Corporation, and PUMA SE.
A favorable picture for the market is being created by developing smart helmets outfitted with Bluetooth connectivity, audio navigation, cameras, sensors,and voice control to improve the riding experience and offer additional protection. Also, the demand for headwearis growing due to the growing use of the product by Special Forces, the military, firefighters, and policeas part of essential protective gear. Furthermore, the market is expected to increase due to several other reasons, such as the increasing adoption of sustainable production techniques, simple product availability throughout e-commerce platforms, and rising product usage by physicians and medical personnel.
Additionally, hats could be beneficial for the condition of the hair. They shield the scalp and hairfrom the weather on cooler days. This is especially advantageous if someone goes outside with damp hair, which could weaken and become more fragile when exposed to the cold. While the sun burns out hair and ages the color, protecting the scalp and hair from UV radiation throughout the warmer months is critical. Wearing hats to stay warm is getting increasingly popular. Individuals bring their sense of style outdoors by donning headwear that protects them from extreme weather. Since anybody can use them, regardless of age or gender, the application of these accessories is growing.
Baseball caps are one of the most used and preferred headwear in this region. Baseball caps have been used to identify a player's team for over a century. Still, modern hat-making technology makes it possible for customers to buy bespoke baseball caps representing the team, group, business, or family and their interests, talents, or hobbies. Americans enjoy logo-adorned clothing in general. Thereforebaseball caps featuring logos are some of the most popular hats in the nation.Additionally, baseball hats are a national treasure in the United States. In reality, a baseball cap with a player's signature is honored exceptionally and has become a trend. Hence, the high demand for headwear in the region will propel the market's growth during the forecasted period.
The US market dominated the North America Headwear Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $7,334.1 million by 2028. The Canada market is experiencing a CAGR of 8% during (2022-2028). Additionally, The Mexico market would exhibit a CAGR of 7% during (2022-2028).
Based on Distribution Channel, the market is segmented into Offline and Online. Based on Type, the market is segmented into Hats & Caps, Beanies and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Adidas AG, PVH Corporation (Calvin Klein), Capri Holdings Limited, Guccio Gucci S.p.A. (Kering Group), New Era Cap Co., Lacoste (Maus Frères SA), Superdry Plc, Nike, Inc., Ralph Lauren Corporation, and PUMA SE.
Scope of the Study
By Distribution Channel
- Offline
- Online
By Type
- Hats & Caps
- Beanies
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Adidas AG
- PVH Corporation (Calvin Klein)
- Capri Holdings Limited
- Guccio Gucci S.p.A. (Kering Group)
- New Era Cap Co.
- Lacoste (Maus Frères SA)
- Superdry Plc
- Nike, Inc.
- Ralph Lauren Corporation
- PUMA SE
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- Exhaustive coverage
- The highest number of Market tables and figures
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- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Headwear Market, by Distribution Channel
1.4.2 North America Headwear Market, by Type
1.4.3 North America Headwear Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Headwear Market by Distribution Channel
3.1 North America Offline Market by Country
3.2 North America Online Market by Country
Chapter 4. North America Headwear Market by Type
4.1 North America Hats & Caps Market by Country
4.2 North America Beanies Market by Country
4.3 North America Others Market by Country
Chapter 5. North America Headwear Market by Country
5.1 US Headwear Market
5.1.1 US Headwear Market by Distribution Channel
5.1.2 US Headwear Market by Type
5.2 Canada Headwear Market
5.2.1 Canada Headwear Market by Distribution Channel
5.2.2 Canada Headwear Market by Type
5.3 Mexico Headwear Market
5.3.1 Mexico Headwear Market by Distribution Channel
5.3.2 Mexico Headwear Market by Type
5.4 Rest of North America Headwear Market
5.4.1 Rest of North America Headwear Market by Distribution Channel
5.4.2 Rest of North America Headwear Market by Type
Chapter 6. Company Profiles
6.1 Adidas AG
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Regional Analysis
6.1.4 Research & Development Expense
6.2 PVH Corporation (Calvin Klein)
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.3 Capri Holdings Limited
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.4 Guccio Gucci S.p.A. (Kering Group)
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental and Regional Analysis
6.5 New Era Cap Co.
6.5.1 Company Overview
6.6 Lacoste (Maus Frères SA)
6.6.1 Company Overview
6.6.2 Recent strategies and developments:
6.6.2.1 Partnerships, Collaborations, and Agreements:
6.7 Superdry Plc
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Regional Analysis
6.8 Nike, Inc.
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Segmental Analysis
6.9 Ralph Lauren Corporation
6.9.1 Company Overview
6.9.2 Financial Analysis
6.9.3 Regional Analysis
6.9.4 Recent strategies and developments:
6.9.4.1 Partnerships, Collaborations, and Agreements:
6.10. PUMA SE
6.10.1 Company Overview
6.10.2 Financial Analysis
6.10.3 Regional Analysis
6.10.4 Research & Development Expense
Companies Mentioned
- Adidas AG
- PVH Corporation (Calvin Klein)
- Capri Holdings Limited
- Guccio Gucci S.p.A. (Kering Group)
- New Era Cap Co.
- Lacoste (Maus Frères SA)
- Superdry Plc
- Nike, Inc.
- Ralph Lauren Corporation
- PUMA SE
Methodology
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