The Global Headwear Market size is expected to reach $36.4 billion by 2028, rising at a market growth of 6.5% CAGR during the forecast period.
Every piece of clothing worn on the head is referred to as headwear. Consumers consider headwear, including headbands, caps, hats,andbeanies, as fashion rather than merely a practical requirement. The headwear market is expected to grow over the coming yearsdue to the paradigm shift in consumer purchasing behavior. Many firms now provide headbands with cutting-edge patterns like padded and embroidered to attract customers. In addition, Prada, a high-end shop, contributes to the demand for hair accessories by offering a variety of designer headbands. The fashion industry's sensibility improved due to the population's increased urbanization, which fueled the market's expansion.
Generally, any article of clothing worn on the head is referred to as headgear, headwear, or headdress. Examples include many types of headwear, helmets, and turbans. Headwear is used for a variety of reasons, such as social customs, ornamentation, protection from the elements, or for cultural orreligious reasons. The two most common headwears are hats and caps. Hats frequently have a brim that extends across the rim and can be worn on the head or fastened with hat pins. Hats can be worn appropriately by men, women, or both sexes, depending on the type. Caps, on the other hand,are often soft and frequently have simply a peak or no brim.
Currently, most women dress up and shield themselves from the sun, wind, and cold by donning headbands, headscarves, and hats. People use these headgear accessories to shield their skin from the sun's rays and the cold, which can cause early signs of aging on the neck and face.
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.
Every piece of clothing worn on the head is referred to as headwear. Consumers consider headwear, including headbands, caps, hats,andbeanies, as fashion rather than merely a practical requirement. The headwear market is expected to grow over the coming yearsdue to the paradigm shift in consumer purchasing behavior. Many firms now provide headbands with cutting-edge patterns like padded and embroidered to attract customers. In addition, Prada, a high-end shop, contributes to the demand for hair accessories by offering a variety of designer headbands. The fashion industry's sensibility improved due to the population's increased urbanization, which fueled the market's expansion.
Generally, any article of clothing worn on the head is referred to as headgear, headwear, or headdress. Examples include many types of headwear, helmets, and turbans. Headwear is used for a variety of reasons, such as social customs, ornamentation, protection from the elements, or for cultural orreligious reasons. The two most common headwears are hats and caps. Hats frequently have a brim that extends across the rim and can be worn on the head or fastened with hat pins. Hats can be worn appropriately by men, women, or both sexes, depending on the type. Caps, on the other hand,are often soft and frequently have simply a peak or no brim.
Currently, most women dress up and shield themselves from the sun, wind, and cold by donning headbands, headscarves, and hats. People use these headgear accessories to shield their skin from the sun's rays and the cold, which can cause early signs of aging on the neck and face.
COVID-19 Impact Analysis
The headwear market was adverselyinfluenced by the COVID-19 pandemicbecause, as non-essential goods, headwear wasin less demand throughout the pandemic. In addition, offline retailers had to close due to the lockdown that was imposed in several nations, which had an impact on the supply and demand of wearables in the commercial sectors and slowed the market's expansion. Additionally, as few people could go out, the demand for headwear decreased.However, during the COVID-19pandemic, some increment inonline sales was observed.Market Growth Factors
Development of athleisure is increasing demand for sport caps
Athletes frequently consider headwear, mainly caps, necessary sports gear, giving rise to fashion movements like athleisure. When it's hotter outside, the running cap or sport capshelp the user tostay cool as sweat evaporates from the head. These hats also aid in keeping sweat away from the eyes.The headwearmarket is expanding due to the trend's high demand. Influenced by this trend, more sports companies are releasing new headwear goods of better quality and innovative concepts to meet the growing need.Therefore, as the demand for sports caps increases, it assists in propelling the growth of the headwear market as a whole.Increasing innovations in the making of headwear
Physicians and other medical personnel must wear hats while performing their duties, making them a crucial part of their outfits. Improved headgear keeps the hair undamaged and lets them conduct crucial operations without making any unintended mistakes. As a result, sales of all forms of headwear are increased by innovation in the sector. Hence, the rising innovations in the headwear market, which have led to the production of headwear suitable for any particular application, are accelerating the expansion of the market.
Market Restraining Factors
Poor quality headwear decrease the demand
The National Health Service asserts that though frequent and prolonged hat use does not expedite hair loss,too-tight headwear can dry out the ends of the hair and trap oils at the roots. When hair becomes oily, dirt and germs can accumulate, obstructing oxygen flow to the follicles and possibly resulting in hair loss. This directly impacts the demand for headwear as more people use scarves instead of hats.Type Outlook
On the basis of type, the headwear market is bifurcated into hats & caps, beanies and others. The hats and caps segment garnered the highest revenue share in the headwear market in 2021. The segment's growth is owed to the widespread use of caps worldwide. Everyone uses caps as a daily outdoor adornment since they are versatile and widely utilized. The cap business is still gaining much traction among young people as businesses create caps with various patterns for different occasions. Athletes frequently use baseball hats and sun visors because they view them as essential sports gear. Additionally, since caps are soft, they can be used by anyone.Distribution Channel Outlook
Based on distribution channel, the headwear market is segmented into offline and online. The online segment recorded a significant revenue share in the headwear market in 2021. The population of smartphone users is growing as internet usage becomes more widespread. E-commerce makes it simpler for customers to go through numerous product options, resulting in essential exposure to the market. The growing significance of online marketing platforms such as Google and Facebook ads is another factor driving e-commerce.Regional Outlook
Region wise, the headwear market is analyzed across North America, Europe, Asia Pacific and LAMEA. The Asia Pacific region witnessed the maximum revenue share in the headwear market in 2021. In the upcoming years, the market in theAsia Pacific regionis anticipated to grow significantly and steadily due to an increase in demand for various winter hats in nations like India, China,and Japan, as well as a sizable population.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 Geography
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- 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 Global Headwear Market, by Distribution Channel
1.4.2 Global Headwear Market, by Type
1.4.3 Global Headwear Market, by Geography
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. Global Headwear Market by Distribution Channel
3.1 Global Offline Market by Region
3.2 Global Online Market by Region
Chapter 4. Global Headwear Market by Type
4.1 Global Hats & Caps Market by Region
4.2 Global Beanies Market by Region
4.3 Global Others Market by Region
Chapter 5. Global Headwear Market by Region
5.1 North America Headwear Market
5.1.1 North America Headwear Market by Distribution Channel
5.1.1.1 North America Offline Market by Country
5.1.1.2 North America Online Market by Country
5.1.2 North America Headwear Market by Type
5.1.2.1 North America Hats & Caps Market by Country
5.1.2.2 North America Beanies Market by Country
5.1.2.3 North America Others Market by Country
5.1.3 North America Headwear Market by Country
5.1.3.1 US Headwear Market
5.1.3.1.1 US Headwear Market by Distribution Channel
5.1.3.1.2 US Headwear Market by Type
5.1.3.2 Canada Headwear Market
5.1.3.2.1 Canada Headwear Market by Distribution Channel
5.1.3.2.2 Canada Headwear Market by Type
5.1.3.3 Mexico Headwear Market
5.1.3.3.1 Mexico Headwear Market by Distribution Channel
5.1.3.3.2 Mexico Headwear Market by Type
5.1.3.4 Rest of North America Headwear Market
5.1.3.4.1 Rest of North America Headwear Market by Distribution Channel
5.1.3.4.2 Rest of North America Headwear Market by Type
5.2 Europe Headwear Market
5.2.1 Europe Headwear Market by Distribution Channel
5.2.1.1 Europe Offline Market by Country
5.2.1.2 Europe Online Market by Country
5.2.2 Europe Headwear Market by Type
5.2.2.1 Europe Hats & Caps Market by Country
5.2.2.2 Europe Beanies Market by Country
5.2.2.3 Europe Others Market by Country
5.2.3 Europe Headwear Market by Country
5.2.3.1 Germany Headwear Market
5.2.3.1.1 Germany Headwear Market by Distribution Channel
5.2.3.1.2 Germany Headwear Market by Type
5.2.3.2 UK Headwear Market
5.2.3.2.1 UK Headwear Market by Distribution Channel
5.2.3.2.2 UK Headwear Market by Type
5.2.3.3 France Headwear Market
5.2.3.3.1 France Headwear Market by Distribution Channel
5.2.3.3.2 France Headwear Market by Type
5.2.3.4 Russia Headwear Market
5.2.3.4.1 Russia Headwear Market by Distribution Channel
5.2.3.4.2 Russia Headwear Market by Type
5.2.3.5 Spain Headwear Market
5.2.3.5.1 Spain Headwear Market by Distribution Channel
5.2.3.5.2 Spain Headwear Market by Type
5.2.3.6 Italy Headwear Market
5.2.3.6.1 Italy Headwear Market by Distribution Channel
5.2.3.6.2 Italy Headwear Market by Type
5.2.3.7 Rest of Europe Headwear Market
5.2.3.7.1 Rest of Europe Headwear Market by Distribution Channel
5.2.3.7.2 Rest of Europe Headwear Market by Type
5.3 Asia Pacific Headwear Market
5.3.1 Asia Pacific Headwear Market by Distribution Channel
5.3.1.1 Asia Pacific Offline Market by Country
5.3.1.2 Asia Pacific Online Market by Country
5.3.2 Asia Pacific Headwear Market by Type
5.3.2.1 Asia Pacific Hats & Caps Market by Country
5.3.2.2 Asia Pacific Beanies Market by Country
5.3.2.3 Asia Pacific Others Market by Country
5.3.3 Asia Pacific Headwear Market by Country
5.3.3.1 China Headwear Market
5.3.3.1.1 China Headwear Market by Distribution Channel
5.3.3.1.2 China Headwear Market by Type
5.3.3.2 Japan Headwear Market
5.3.3.2.1 Japan Headwear Market by Distribution Channel
5.3.3.2.2 Japan Headwear Market by Type
5.3.3.3 India Headwear Market
5.3.3.3.1 India Headwear Market by Distribution Channel
5.3.3.3.2 India Headwear Market by Type
5.3.3.4 South Korea Headwear Market
5.3.3.4.1 South Korea Headwear Market by Distribution Channel
5.3.3.4.2 South Korea Headwear Market by Type
5.3.3.5 Singapore Headwear Market
5.3.3.5.1 Singapore Headwear Market by Distribution Channel
5.3.3.5.2 Singapore Headwear Market by Type
5.3.3.6 Malaysia Headwear Market
5.3.3.6.1 Malaysia Headwear Market by Distribution Channel
5.3.3.6.2 Malaysia Headwear Market by Type
5.3.3.7 Rest of Asia Pacific Headwear Market
5.3.3.7.1 Rest of Asia Pacific Headwear Market by Distribution Channel
5.3.3.7.2 Rest of Asia Pacific Headwear Market by Type
5.4 LAMEA Headwear Market
5.4.1 LAMEA Headwear Market by Distribution Channel
5.4.1.1 LAMEA Offline Market by Country
5.4.1.2 LAMEA Online Market by Country
5.4.2 LAMEA Headwear Market by Type
5.4.2.1 LAMEA Hats & Caps Market by Country
5.4.2.2 LAMEA Beanies Market by Country
5.4.2.3 LAMEA Others Market by Country
5.4.3 LAMEA Headwear Market by Country
5.4.3.1 Brazil Headwear Market
5.4.3.1.1 Brazil Headwear Market by Distribution Channel
5.4.3.1.2 Brazil Headwear Market by Type
5.4.3.2 Argentina Headwear Market
5.4.3.2.1 Argentina Headwear Market by Distribution Channel
5.4.3.2.2 Argentina Headwear Market by Type
5.4.3.3 UAE Headwear Market
5.4.3.3.1 UAE Headwear Market by Distribution Channel
5.4.3.3.2 UAE Headwear Market by Type
5.4.3.4 Saudi Arabia Headwear Market
5.4.3.4.1 Saudi Arabia Headwear Market by Distribution Channel
5.4.3.4.2 Saudi Arabia Headwear Market by Type
5.4.3.5 South Africa Headwear Market
5.4.3.5.1 South Africa Headwear Market by Distribution Channel
5.4.3.5.2 South Africa Headwear Market by Type
5.4.3.6 Nigeria Headwear Market
5.4.3.6.1 Nigeria Headwear Market by Distribution Channel
5.4.3.6.2 Nigeria Headwear Market by Type
5.4.3.7 Rest of LAMEA Headwear Market
5.4.3.7.1 Rest of LAMEA Headwear Market by Distribution Channel
5.4.3.7.2 Rest of LAMEA 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
LOADING...
