Market Overview:
The global sports hats & caps 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 various factors such as an increase in the number of people participating in sports, rising demand for customized hats and caps, and growing popularity of online retailing. The global sports hats & caps market is segmented on the basis of type into men’s hats & caps, women’s hats & caps, and children’s hats & caps. On the basis of application, the market is segmented into specialty stores, supermarkets/hypermarkets, online retailing, and other applications. Geographically, the global sports hats & caps market is segmented into North America (U.S., Canada), Latin America (Brazil), Europe (U.K., Germany), Asia Pacific (China India Japan) Middle East Africa).
Product Definition:
A hat or cap is a head covering that is typically worn in cold weather to keep a person's head and ears warm. Hats are also worn for protection from the sun and rain.
Men:
Men’s sports hats and caps are popular among all the age groups. The growth of this market is attributed to increasing participation in outdoor activities such as football, cricket, badminton, table tennis and other physical games. In addition, rising awareness about health & fitness has resulted in increased participation in sports events which drives the demand for men’s hats & caps.
Women:
The global women and it's usage in sports hats & caps market size was valued at USD 4.5 billion in 2016. The rising number of female athletes across the globe is expected to drive growth over the forecast period. Furthermore, increasing participation of women in various sports events is also anticipated to propel demand for these products worldwide.
Rising awareness regarding health and fitness among people has resulted into increased expenditure on sporting goods including apparel, footwear,.
Application Insights:
The other application segment includes the use of sports hats and caps by military personnel, athletes, fitness enthusiasts and others. The specialty stores segment held the largest market share in 2017 owing to high product demand from customers who are looking for unique customized products. Moreover, increasing number of retail stores across various countries is expected to boost industry growth over the forecast period.
Specialty stores accounted for a significant market share in 2017 due to their wide distribution channels which include online as well as offline channels. Offline distribution channel includes popular sports wear brands having brick & mortar shops where people can physically touch and try on different styles of hats before purchasing it online or elsewhere. Online distribution channel has been growing significantly over the past few years owing to easy access from anywhere at any time through internet or mobile phones etc., This has led many companies including Adidas America Inc., Nike Sports LLC among others have been introducing new products through social media platforms such as YouTube, Facebook etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to increasing participation in sports and rising popularity of various sports such as baseball, basketball, football and others. In addition, presence of several key players such as Adidas AYG (Germany), New Era (U.S.), and Rawlings (U.K.) is also contributing towards growth in this region by providing premium quality products at competitive prices with superior service standards ensuring high customer satisfaction levels over the years ahead.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing to growing interest & support from consumers for different sports including cricket, badminton, field hockey among others which are gaining prominence across countries like India China Japan Australia among many more.
Growth Factors:
- Increasing popularity of sports and outdoor activities, which is driving demand for sports hats and caps.
- Growing trend of personalization, which is resulting in increased demand for customized hats and caps.
- Rising awareness about the benefits of using sun protection products, which is boosting demand for sports hats with built-in sunscreen protection.
- Increasing spending power of consumers in developing countries, especially in Asia Pacific, which is propelling growth of the global sports hats and caps market.
- Proliferation of online retail channels, providing a convenient shopping experience to consumers and resulting in higher sales of sports hats and caps
Scope Of The Report
Report Attributes
Report Details
Report Title
Sports Hats & Caps Market Research Report
By Type
Men, Women, Children
By Application
Specialty Stores, Supermarket, Online Retail, Other
By Companies
Adidas AG, Nike Inc., New Era Cap, Under Armour Inc., Pipolaki, SuperGroup Plc, Boardriders, Inc., New Balance Inc.
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
133
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Sports Hats & Caps Market Report Segments:
The global Sports Hats & Caps market is segmented on the basis of:
Types
Men, Women, Children
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
Specialty Stores, Supermarket, Online Retail, Other
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:
- Adidas AG
- Nike Inc.
- New Era Cap
- Under Armour Inc.
- Pipolaki
- SuperGroup Plc
- Boardriders, Inc.
- New Balance Inc.
Highlights of The Sports Hats & Caps 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:
- Men
- Women
- Children
- By Application:
- Specialty Stores
- Supermarket
- Online Retail
- Other
- 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 Sports Hats & Caps 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?
Sports Hats & Caps is a store that specializes in selling hats and caps.
Some of the major players in the sports hats & caps market are Adidas AG, Nike Inc., New Era Cap, Under Armour Inc., Pipolaki, SuperGroup Plc, Boardriders, Inc., New Balance Inc..
The sports hats & caps 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 Sports Hats & Caps 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 Sports Hats & Caps Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sports Hats & Caps 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 Sports Hats & Caps 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 Sports Hats & Caps Market Size & Forecast, 2020-2028
4.5.1 Sports Hats & Caps Market Size and Y-o-Y Growth
4.5.2 Sports Hats & Caps 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 Men
5.2.2 Women
5.2.3 Children
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 Specialty Stores
6.2.2 Supermarket
6.2.3 Online Retail
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sports Hats & Caps 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 Sports Hats & Caps 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 Men
9.6.2 Women
9.6.3 Children
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 Specialty Stores
9.10.2 Supermarket
9.10.3 Online Retail
9.10.4 Other
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 Men
10.6.2 Women
10.6.3 Children
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 Specialty Stores
10.10.2 Supermarket
10.10.3 Online Retail
10.10.4 Other
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 Men
11.6.2 Women
11.6.3 Children
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 Specialty Stores
11.10.2 Supermarket
11.10.3 Online Retail
11.10.4 Other
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 Men
12.6.2 Women
12.6.3 Children
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 Specialty Stores
12.10.2 Supermarket
12.10.3 Online Retail
12.10.4 Other
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 Men
13.6.2 Women
13.6.3 Children
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 Specialty Stores
13.10.2 Supermarket
13.10.3 Online Retail
13.10.4 Other
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 Sports Hats & Caps Market: Competitive Dashboard
14.2 Global Sports Hats & Caps Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Adidas AG
14.3.2 Nike Inc.
14.3.3 New Era Cap
14.3.4 Under Armour Inc.
14.3.5 Pipolaki
14.3.6 SuperGroup Plc
14.3.7 Boardriders, Inc.
14.3.8 New Balance Inc.
