Market Overview:
The global beanies market is expected to register a CAGR of 5.5% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for luxury and designer beanies from the fashion-conscious population. Additionally, the growing popularity of online retail is also propelling the growth of this market. Based on type, cloth is expected to be the most popular type segment in terms of revenue during 2018-2030. This can be attributed to its low cost and easy availability as compared to other types such as felt material, leather, silk and others. Felt material is anticipated to grow at a high CAGR over the forecast period owing to its superior insulation properties that make it ideal for use in cold weather conditions. Offline sales are estimated account for majority share in terms revenue generated by global beanies market during 2018-2030; however, online sales are projected exhibit highest CAGR over next decade owing rising penetration rate of internet.
Product Definition:
Beanie is a type of soft, knitted hat that covers the head and ears. It is typically worn in cold weather.
Cloth:
Cloth is a natural textile material produced from the fibers of plant-based materials, such as flax, cotton or wool. The global cloth market size was valued at USD 472 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period on account of rising demand for sustainable products across various industries including apparel & accessories, home furnishing & hospitality and textiles among others.
Felt Material:
Felt is a fabric made from recycled fibers, which are cut into strands and then woven to form the fabric. Felt can be categorized as carded felt or cut-to-length felt. Carded felt consists of fibers that have been aligned parallel to the long axis while the fibers in cut-to-length felts are not aligned in a single direction; they are usually spread out in an amorphous shape.
Application Insights:
The online sales segment dominated the global beanies market in 2017, accounting for over 60.0% share of the total revenue. The growth of this segment can be attributed to increasing internet penetration and rising disposable income among consumers globally. Consumers are preferring to buy products through online channels as it offers convenience, ease of payment options and secure transactions which is likely to drive the demand for beanies over the forecast period.
The offline sales are expected to expand at a CAGR of XX% from 2018 to 2030 owing to increased product availability across retail stores especially during colder seasons such as winter and autumn in various regions including North America.
Regional Analysis:
North America dominated the global beanies market in 2017 owing to the high concentration of basketball fans. The region will retain its position until 2030 due to a decline in consumer interest and spending on sports. Asia Pacific is expected to witness significant growth over the forecast period, mainly due to increasing disposable income levels and rising popularity of basketball games. Furthermore, growing penetration of online as well as offline channels for shopping is projected to fuel regional demand during the forecast period.
The European market was valued at USD X million in 2017 and will expand further at a steady CAGR from 2018 till 2030 owing an increase in sales volume by 29%. The U.S., which has been dominating this industry with more than 90% share, witnessed a sharp decline during Christmas season because fewer people were shopping then compared with other times of the year (Easter weekend; Thanksgiving).
Growth Factors:
- Increasing demand from the youth for trendy and stylish beanies.
- Growing popularity of winter sports such as skiing and snowboarding, which leads to an increase in demand for beanies as headwear protection against cold weather conditions.
- Rising awareness about the benefits of wearing a beanie, especially during winter, to keep warm and protect against the cold weather conditions.
- Increasing number of fashion brands that are offering unique designs and styles of beanies, thereby increasing the appeal of this type of headwear among consumers.
- Growing trend among men towards sporting a casual look with a beanie as part of their outfit
Scope Of The Report
Report Attributes
Report Details
Report Title
Beanies Market Research Report
By Type
Cloth, Felt Material, Leather, Silk, Other
By Application
Online Sales, Offline Sales
By Companies
Patagonia, Outdoor Research, FILSON, Banks, Smartwool, The North Face, Lacoste, Arc'teryx, Nike, Rag & Bone, Carhartt, FW Apparel, Askov, Pistil, Coal, Saturdays NYC, Duckworth, Brixton, Madewell, Topo Designs
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
153
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Beanies Market Report Segments:
The global Beanies market is segmented on the basis of:
Types
Cloth, Felt Material, Leather, Silk, Other
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
Online Sales, Offline Sales
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:
- Patagonia
- Outdoor Research
- FILSON
- Banks
- Smartwool
- The North Face
- Lacoste
- Arc'teryx
- Nike
- Rag & Bone
- Carhartt
- FW Apparel
- Askov
- Pistil
- Coal
- Saturdays NYC
- Duckworth
- Brixton
- Madewell
- Topo Designs
Highlights of The Beanies 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:
- Cloth
- Felt Material
- Leather
- Silk
- Other
- By Application:
- Online Sales
- Offline Sales
- 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 Beanies 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?
Beanie is a type of headwear that is made from soft, warm fabric and has a small opening at the top. It can be worn for warmth or style.
Some of the major companies in the beanies market are Patagonia, Outdoor Research, FILSON, Banks, Smartwool, The North Face, Lacoste, Arc'teryx, Nike, Rag & Bone, Carhartt, FW Apparel, Askov, Pistil, Coal, Saturdays NYC, Duckworth, Brixton, Madewell, Topo Designs.
The beanies market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Beanies 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 Beanies Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Beanies 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 Beanies 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 Beanies Market Size & Forecast, 2018-2028
4.5.1 Beanies Market Size and Y-o-Y Growth
4.5.2 Beanies Market Absolute $ Opportunity
Chapter 5 Global Beanies 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 Beanies Market Size Forecast by Type
5.2.1 Cloth
5.2.2 Felt Material
5.2.3 Leather
5.2.4 Silk
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Beanies 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 Beanies Market Size Forecast by Applications
6.2.1 Online Sales
6.2.2 Offline Sales
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Beanies 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 Beanies 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 Beanies Analysis and Forecast
9.1 Introduction
9.2 North America Beanies 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 Beanies Market Size Forecast by Type
9.6.1 Cloth
9.6.2 Felt Material
9.6.3 Leather
9.6.4 Silk
9.6.5 Other
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 Beanies Market Size Forecast by Applications
9.10.1 Online Sales
9.10.2 Offline Sales
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 Beanies Analysis and Forecast
10.1 Introduction
10.2 Europe Beanies 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 Beanies Market Size Forecast by Type
10.6.1 Cloth
10.6.2 Felt Material
10.6.3 Leather
10.6.4 Silk
10.6.5 Other
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 Beanies Market Size Forecast by Applications
10.10.1 Online Sales
10.10.2 Offline Sales
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 Beanies Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Beanies 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 Beanies Market Size Forecast by Type
11.6.1 Cloth
11.6.2 Felt Material
11.6.3 Leather
11.6.4 Silk
11.6.5 Other
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 Beanies Market Size Forecast by Applications
11.10.1 Online Sales
11.10.2 Offline Sales
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 Beanies Analysis and Forecast
12.1 Introduction
12.2 Latin America Beanies 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 Beanies Market Size Forecast by Type
12.6.1 Cloth
12.6.2 Felt Material
12.6.3 Leather
12.6.4 Silk
12.6.5 Other
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 Beanies Market Size Forecast by Applications
12.10.1 Online Sales
12.10.2 Offline Sales
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) Beanies Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Beanies 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) Beanies Market Size Forecast by Type
13.6.1 Cloth
13.6.2 Felt Material
13.6.3 Leather
13.6.4 Silk
13.6.5 Other
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) Beanies Market Size Forecast by Applications
13.10.1 Online Sales
13.10.2 Offline Sales
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 Beanies Market: Competitive Dashboard
14.2 Global Beanies Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Patagonia
14.3.2 Outdoor Research
14.3.3 FILSON
14.3.4 Banks
14.3.5 Smartwool
14.3.6 The North Face
14.3.7 Lacoste
14.3.8 Arc'teryx
14.3.9 Nike
14.3.10 Rag & Bone
14.3.11 Carhartt
14.3.12 FW Apparel
14.3.13 Askov
14.3.14 Pistil
14.3.15 Coal
14.3.16 Saturdays NYC
14.3.17 Duckworth
14.3.18 Brixton
14.3.19 Madewell
14.3.20 Topo Designs
