Market Overview:
The global hoodies and sweatshirts market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing demand for athleisure wear, rising disposable income, and changing fashion trends. The global hoodies and sweatshirts market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into cotton, fleece, leather, woolen etc. Cotton hoodies are expected to dominate the global hoodies and sweatshirts market due to their high comfort levels and easy maintenance requirements. On account of their growing popularity among women for casual wear purposes; fleece hoodies are projected to witness high growth rates during the forecast period from 2018-2030 In terms of regional distribution North America dominates with a share close to 38% in 2017 while Asia Pacific excluding Japan (APEJ) is anticipated exhibit highest CAGR over 8%.
Product Definition:
A hoodie (also called a hooded sweatshirt, hooded jumper or hoody) is a sweatshirt with a large, drawstring-tightened front pocket and a large, draped fabric Hood. The word "hoodie" was first popularized in the early 1990s by hip hop artists and has since become part of mainstream vernacular.
Cotton:
Cotton is a soft and fluffy staple fiber that comes from the protective casing known as boll that is harvested from cotton-bearing plants. Cotton can be processed into a wide variety of textiles for use in clothing, home furnishing, industrial applications, and even paper products. The most commonly used cotton fibers are gin by spunbonded yarns; however there are other types of processes such as carding, combing & bleaching too.
Fleece:
Fleece is a type of insulation material that is made from fibers that are longer than the average fiber length and have been processed to make them loose their stiffness. The longer the fiber, the more lose its stiffness becomes. Fleece can be used as an alternative for down or down-like insulation in winter hoodies and other types of jackets.
Application Insights:
The men's application segment accounted for the largest share of more than 50.0% in 2017. The growth can be attributed to increasing demand from working class males, especially in emerging economies including China, India and Brazil. Furthermore, the rising trend of wearing hoodies while going for sports or playing outdoor games is also boosting the market growth. In addition to this, growing preference for casual wear among working-class males is further driving the demand from this segment.
The women's application segment was valued over USD 300 million in 2017 and is expected to grow at a CAGR of XX% from 2018 to 2030 owing to increasing use by females aged 18-30 years old as a fashionable alternative to tank tops or sleeveless shirts during summer season across various regions including North America and Europe Pacific region.
Regional Analysis:
North America dominated the market in 2017 owing to high demand for hoodies and sweatshirts from countries, such as U.S. and Canada. The region is expected to witness moderate growth over the forecast period due to saturation of product type and application segments.
Asia Pacific is anticipated to be one of the fastest-growing regions with a CAGR exceeding 5% during the forecast years on account of increasing product consumption by women in China, India, Japan, South Korea and Australia.
Growth Factors:
- Increasing urbanization and rising disposable income: The global population is increasingly moving towards the cities, which is driving the demand for hoodies and sweatshirts. Moreover, with the rise in disposable income, people are spending more on fashion apparel, thereby boosting the growth of this market.
- Growing popularity of athleisure wear: Hoodies and sweatshirts are considered as a key component of athleisure wear, which is becoming increasingly popular among consumers across all age groups. This is fueling the demand for these garments, thereby propelling the growth of this market.
- Rising trend of customization: Consumers are now preferring hoodies and sweatshirts that reflect their personal style statement. This has led to an increase in demand for customized products from retailers, thereby aiding the growth of this market segmentation.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hoodies & Sweatshirts Market Research Report
By Type
Cotton, Fleece, Leather, Wool
By Application
Men's, Women's, Kid's
By Companies
Chanel, Dior, Prada, Adidas, Carhartt, Champion, Fox, Gildan, Hanes, Hollister, Chanel, Louis Vuitton, Burberry, Pierre Cardin, UA, Zara, PUMA, Lining, 361°, Uniqlo
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
181
Number of Tables & Figures
127
Customization Available
Yes, the report can be customized as per your need.
Global Hoodies & Sweatshirts Market Report Segments:
The global Hoodies & Sweatshirts market is segmented on the basis of:
Types
Cotton, Fleece, Leather, Wool
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Men's, Women's, Kid's
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Chanel
- Dior
- Prada
- Adidas
- Carhartt
- Champion
- Fox
- Gildan
- Hanes
- Hollister
- Chanel
- Louis Vuitton
- Burberry
- Pierre Cardin
- UA
- Zara
- PUMA
- Lining
- 361°
- Uniqlo
Highlights of The Hoodies & Sweatshirts Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cotton
- Fleece
- Leather
- Wool
- By Application:
- Men's
- Women's
- Kid's
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hoodies & Sweatshirts Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hoodies and sweatshirts are clothing items made of a thick, warm fabric with a hood or other coverings for the head and neck. They are typically worn in cold weather to keep the wearer warm.
Some of the key players operating in the hoodies & sweatshirts market are Chanel, Dior, Prada, Adidas, Carhartt, Champion, Fox, Gildan, Hanes, Hollister, Chanel, Louis Vuitton, Burberry, Pierre Cardin, UA, Zara, PUMA, Lining, 361°, Uniqlo.
The hoodies & sweatshirts market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hoodies & Sweatshirts Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hoodies & Sweatshirts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hoodies & Sweatshirts Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hoodies & Sweatshirts Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hoodies & Sweatshirts Market Size & Forecast, 2018-2028
4.5.1 Hoodies & Sweatshirts Market Size and Y-o-Y Growth
4.5.2 Hoodies & Sweatshirts Market Absolute $ Opportunity
Chapter 5 Global Hoodies & Sweatshirts Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Hoodies & Sweatshirts Market Size Forecast by Type
5.2.1 Cotton
5.2.2 Fleece
5.2.3 Leather
5.2.4 Wool
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hoodies & Sweatshirts Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Hoodies & Sweatshirts Market Size Forecast by Applications
6.2.1 Men's
6.2.2 Women's
6.2.3 Kid's
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hoodies & Sweatshirts Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hoodies & Sweatshirts Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Hoodies & Sweatshirts Analysis and Forecast
9.1 Introduction
9.2 North America Hoodies & Sweatshirts Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Hoodies & Sweatshirts Market Size Forecast by Type
9.6.1 Cotton
9.6.2 Fleece
9.6.3 Leather
9.6.4 Wool
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Hoodies & Sweatshirts Market Size Forecast by Applications
9.10.1 Men's
9.10.2 Women's
9.10.3 Kid's
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Hoodies & Sweatshirts Analysis and Forecast
10.1 Introduction
10.2 Europe Hoodies & Sweatshirts Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Hoodies & Sweatshirts Market Size Forecast by Type
10.6.1 Cotton
10.6.2 Fleece
10.6.3 Leather
10.6.4 Wool
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Hoodies & Sweatshirts Market Size Forecast by Applications
10.10.1 Men's
10.10.2 Women's
10.10.3 Kid's
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Hoodies & Sweatshirts Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hoodies & Sweatshirts Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Hoodies & Sweatshirts Market Size Forecast by Type
11.6.1 Cotton
11.6.2 Fleece
11.6.3 Leather
11.6.4 Wool
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Hoodies & Sweatshirts Market Size Forecast by Applications
11.10.1 Men's
11.10.2 Women's
11.10.3 Kid's
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Hoodies & Sweatshirts Analysis and Forecast
12.1 Introduction
12.2 Latin America Hoodies & Sweatshirts Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Hoodies & Sweatshirts Market Size Forecast by Type
12.6.1 Cotton
12.6.2 Fleece
12.6.3 Leather
12.6.4 Wool
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Hoodies & Sweatshirts Market Size Forecast by Applications
12.10.1 Men's
12.10.2 Women's
12.10.3 Kid's
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Hoodies & Sweatshirts Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hoodies & Sweatshirts Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Hoodies & Sweatshirts Market Size Forecast by Type
13.6.1 Cotton
13.6.2 Fleece
13.6.3 Leather
13.6.4 Wool
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Hoodies & Sweatshirts Market Size Forecast by Applications
13.10.1 Men's
13.10.2 Women's
13.10.3 Kid's
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hoodies & Sweatshirts Market: Competitive Dashboard
14.2 Global Hoodies & Sweatshirts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Chanel
14.3.2 Dior
14.3.3 Prada
14.3.4 Adidas
14.3.5 Carhartt
14.3.6 Champion
14.3.7 Fox
14.3.8 Gildan
14.3.9 Hanes
14.3.10 Hollister
14.3.11 Chanel
14.3.12 Louis Vuitton
14.3.13 Burberry
14.3.14 Pierre Cardin
14.3.15 UA
14.3.16 Zara
14.3.17 PUMA
14.3.18 Lining
14.3.19 361°
14.3.20 Uniqlo
