Market Overview:
The global belt market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for belts from men, women, and kids across the globe. In addition, the growing popularity of fiber belts is also contributing to the growth of this market. The leather belt segment is expected to dominate the global belt market during the forecast period owing to its durability and stylish look. However, plastic belts are expected to grow at a higher CAGR during the forecast period as they are affordable and lightweight.
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Product Definition:
A belt is a strip of material, typically leather or heavy cloth, worn around the waist to hold up trousers or a skirt.
Leather Belts:
Leather belts are used in various applications such as military, leather goods, fashion and accessories among others. Leather belts have been a popular choice for the usage of carrying excess weight over the years. The modern-day use of this product is not only limited to carrying extra weight but also functions as an accessory to complement the apparel.
Plastic Belts:
Plastic Belts and it's usage in Belt (clothing) market is driven by factors such as low cost, durability, comfortability & flexibility. The growth of the global plastic belts industry can be attributed to the growing demand for flexible and durable products across various industries including automotive, military & defense among others. Plastic belts are also gaining popularity due to their ability to replace leather or rubber ones which are not comfortable for people wearing them regularly.
Application Insights:
The men application segment led the global belt market in 2017. This is attributed to increasing use of belts as an essential fashion accessory by both working and casual individuals across the globe. In addition, rising demand for leather belts in formal occasions such as weddings and business meetings is expected to drive growth over the forecast period.
The women application segment accounted for a significant share of more than 30% in 2017 owing to growing preference among working class women for using belts that go with their outfits rather than opting for a different type of knot or buckle. Furthermore, rising awareness regarding health benefits associated with wearing comfortable yet stylish clothes such as leggings is expected to boost sales over the next few years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to rapid industrialization and urbanization. Rising disposable income, coupled with a growing population of working millennials has driven the demand for office-related products such as laptops and mobiles in this region. This is expected to drive the demand for plastic belts over the forecast period.
Europe accounted for a significant share of revenue due to rising consumer preference towards fitness activities along with increasing health awareness among people thereon driving demand for weight training equipment, which requires use of belts, thereby boosting industry growth in this region. Growing manufacturing industries such as automotive and aerospace are also anticipated to propel product consumption over next eight years.
Growth Factors:
- Increasing demand for fashionable and comfortable clothing among the urban population.
- Rising disposable income of the middle-class population, who are increasingly spending on luxury items such as belts.
- Growing popularity of online shopping, which is making it easier for consumers to purchase belts from different brands and styles at one place.
- Proliferation of fashion shows and events that are promoting new belt designs and styles, thereby encouraging people to experiment with their look.
Scope Of The Report
Report Attributes
Report Details
Report Title
Belt (clothing) Market Research Report
By Type
Leather Belts, Plastic Belts, Fiber Belts, Others
By Application
Men, Women, Kids
By Companies
LV(Louis Vuitton), Gucci, Dunhill, MontBlanc, Nike, Adidas, Perry Ellis, Mizuno, Fila, Ralph Lauren, PVH Corp, Callaway, Under Armour, Greg Norman, Fairway & Greene, Straight Down, Antigua, Amer Sports, Sunice, TAIL Activewear, EP NY, Channel, Burberry
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
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global Belt (clothing) Market Report Segments:
The global Belt (clothing) market is segmented on the basis of:
Types
Leather Belts, Plastic Belts, Fiber Belts, Others
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, Women, Kids
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:
- LV(Louis Vuitton)
- Gucci
- Dunhill
- MontBlanc
- Nike
- Adidas
- Perry Ellis
- Mizuno
- Fila
- Ralph Lauren
- PVH Corp
- Callaway
- Under Armour
- Greg Norman
- Fairway & Greene
- Straight Down
- Antigua
- Amer Sports
- Sunice
- TAIL Activewear
- EP NY
- Channel
- Burberry
 Market Overview.svg)
Highlights of The Belt (clothing) 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:
- Leather Belts
- Plastic Belts
- Fiber Belts
- Others
- By Application:
- Men
- Women
- Kids
- 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 Belt (clothing) 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
 Market Statistics.svg)
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?
Belt is a type of clothing that is worn around the waist. It can be made from a variety of materials, including leather, cloth, or metal. Belts are often used to hold up pants or skirts and help keep them in place.
Some of the key players operating in the belt (clothing) market are LV(Louis Vuitton), Gucci, Dunhill, MontBlanc, Nike, Adidas, Perry Ellis, Mizuno, Fila, Ralph Lauren, PVH Corp, Callaway, Under Armour, Greg Norman, Fairway & Greene, Straight Down, Antigua, Amer Sports, Sunice, TAIL Activewear, EP NY, Channel, Burberry.
The belt (clothing) 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 Belt (clothing) 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 Belt (clothing) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Belt (clothing) 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 Belt (clothing) 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 Belt (clothing) Market Size & Forecast, 2020-2028
4.5.1 Belt (clothing) Market Size and Y-o-Y Growth
4.5.2 Belt (clothing) Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Leather Belts
5.2.2 Plastic Belts
5.2.3 Fiber Belts
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Men
6.2.2 Women
6.2.3 Kids
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Belt (clothing) 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 Belt (clothing) 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Leather Belts
9.6.2 Plastic Belts
9.6.3 Fiber Belts
9.6.4 Others
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 Market Size Forecast by Applications
9.10.1 Men
9.10.2 Women
9.10.3 Kids
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Leather Belts
10.6.2 Plastic Belts
10.6.3 Fiber Belts
10.6.4 Others
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 Market Size Forecast by Applications
10.10.1 Men
10.10.2 Women
10.10.3 Kids
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Leather Belts
11.6.2 Plastic Belts
11.6.3 Fiber Belts
11.6.4 Others
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 Market Size Forecast by Applications
11.10.1 Men
11.10.2 Women
11.10.3 Kids
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Leather Belts
12.6.2 Plastic Belts
12.6.3 Fiber Belts
12.6.4 Others
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 Market Size Forecast by Applications
12.10.1 Men
12.10.2 Women
12.10.3 Kids
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Leather Belts
13.6.2 Plastic Belts
13.6.3 Fiber Belts
13.6.4 Others
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) Market Size Forecast by Applications
13.10.1 Men
13.10.2 Women
13.10.3 Kids
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 Belt (clothing) Market: Competitive Dashboard
14.2 Global Belt (clothing) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 LV(Louis Vuitton)
14.3.2 Gucci
14.3.3 Dunhill
14.3.4 MontBlanc
14.3.5 Nike
14.3.6 Adidas
14.3.7 Perry Ellis
14.3.8 Mizuno
14.3.9 Fila
14.3.10 Ralph Lauren
14.3.11 PVH Corp
14.3.12 Callaway
14.3.13 Under Armour
14.3.14 Greg Norman
14.3.15 Fairway & Greene
14.3.16 Straight Down
14.3.17 Antigua
14.3.18 Amer Sports
14.3.19 Sunice
14.3.20 TAIL Activewear
14.3.21 EP NY
14.3.22 Channel
14.3.23 Burberry
