Market Overview:
The global sweaters 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 sweaters from men, women, and kids; and the growing popularity of synthetic fibers over natural fibers. The global sweaters market by type is segmented into cotton, synthetic fibers, and others. The cotton segment is expected to dominate the market during the forecast period owing to its properties such as breathability and absorbency. However, synthetic fibers are expected to grow at a higher CAGR than other types during the forecast period due their properties such as durability and wrinkle resistance. The global sweaters market by application is segmented into men, women, and kids. The men’s segment dominates the overall market with a share of more than 60%.
Product Definition:
A sweater is a knitted garment that covers the body from the neck to the waist. Sweaters are often worn over a shirt or blouse. They are often made of wool, cashmere, or cotton.
Cotton:
Cotton is a soft and fluffy staple fiber that comes from the protective casing known as boll that surrounds the cotton seeds. Cotton can be processed into a wide variety of products including yarns, fabrics, apparel & accessories, home furnishings & textiles and even paper. The most commonly used type of cotton in clothing is called G-1 which has high luster and good length.
Synthetic Fibers:
Synthetic fibers are man-made materials that have a similar molecular structure to natural fibers. The most common synthetic fiber is polyester, which was developed in the late 1930s. Since then, many new types of synthetic fibers have been developed; however, they all share a few basic properties such as high strength and durability along with being lightweight.
Application Insights:
Men application segment dominated the global sweater market, accounting for more than 55% share of the total revenue in 2017. The men¢â‚¬â„¢s sweaters are widely worn throughout winters across countries like Canada, U.S., and Russia on account of their functional attributes such as superior warmth to weight ratio and high durability. Moreover, increasing demand for customized clothing products is expected to drive the segment growth over the forecast period. Customized products appeal a wider customer base as they can be made according to their specifications which includes color, fabric type and design among others.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness moderate growth over the forecast period owing to a decline in consumer interest and preference for apparel products with low upkeep costs. However, increasing demand for stylish and comfortable clothing among consumers is anticipated to drive product demand from 2018 to 2030.
Asia Pacific was valued at USD X billion in 2017 as a result of high product penetration due to rising disposable income especially among middle-class population groups in countries including China, India, Bangladesh, South Korea & Sri Lanka which are major consumers of sweaters globally due to their colder climate requirements than other countries such as Australia & New Zealand who wear short-sleeved or sleeveless tops commonly called T-shirts or tanktops respectively throughout most parts of the year making them unnecessary during summer seasons hence driving sales overseas thereby propelling regional growth over the forecast period.
Growth Factors:
- Increasing disposable income of the population: The global population is increasing and with it, the disposable income of people is also rising. This is resulting in an increase in demand for luxury items such as sweaters, which are seen as a status symbol.
- Urbanization: As more and more people move to cities, there is an increased demand for clothing that can keep them warm in colder climates. Sweaters are perfect for this and are becoming increasingly popular in urban areas.
- Changing fashion trends: Fashion trends change rapidly and new styles of sweaters are constantly being introduced into the market to meet consumer demand. This keeps consumers interested in buying new sweaters, ensuring continued growth for the market overall.
Scope Of The Report
Report Attributes
Report Details
Report Title
Sweaters Market Research Report
By Type
Cotton, Synthetic Fibers, Others
By Application
Men, Women, Kids
By Companies
Nike, Columbia, The North Face, Augusta Sportswear, Kadena, Bay Island, Medi, Mizuno, Puma, Adidas, Nike, Kappa, Lotto, LINING, ANTA, Xtep, 361sport, Erke, PEAK
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
157
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Sweaters Market Report Segments:
The global Sweaters market is segmented on the basis of:
Types
Cotton, Synthetic Fibers, 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:
- Nike
- Columbia
- The North Face
- Augusta Sportswear
- Kadena
- Bay Island
- Medi
- Mizuno
- Puma
- Adidas
- Nike
- Kappa
- Lotto
- LINING
- ANTA
- Xtep
- 361sport
- Erke
- PEAK
Highlights of The Sweaters 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
- Synthetic Fibers
- 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 Sweaters 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?
A sweater is a piece of clothing that is designed to keep you warm.
Some of the major companies in the sweaters market are Nike, Columbia, The North Face, Augusta Sportswear, Kadena, Bay Island, Medi, Mizuno, Puma, Adidas, Nike, Kappa, Lotto, LINING, ANTA, Xtep, 361sport, Erke, PEAK.
The sweaters 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 Sweaters 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 Sweaters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sweaters 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 Sweaters 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 Sweaters Market Size & Forecast, 2018-2028
4.5.1 Sweaters Market Size and Y-o-Y Growth
4.5.2 Sweaters Market Absolute $ Opportunity
Chapter 5 Global Sweaters 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 Sweaters Market Size Forecast by Type
5.2.1 Cotton
5.2.2 Synthetic Fibers
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Sweaters 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 Sweaters 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 Sweaters 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 Sweaters 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 Sweaters Analysis and Forecast
9.1 Introduction
9.2 North America Sweaters 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 Sweaters Market Size Forecast by Type
9.6.1 Cotton
9.6.2 Synthetic Fibers
9.6.3 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 Sweaters 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 Sweaters Analysis and Forecast
10.1 Introduction
10.2 Europe Sweaters 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 Sweaters Market Size Forecast by Type
10.6.1 Cotton
10.6.2 Synthetic Fibers
10.6.3 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 Sweaters 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 Sweaters Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Sweaters 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 Sweaters Market Size Forecast by Type
11.6.1 Cotton
11.6.2 Synthetic Fibers
11.6.3 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 Sweaters 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 Sweaters Analysis and Forecast
12.1 Introduction
12.2 Latin America Sweaters 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 Sweaters Market Size Forecast by Type
12.6.1 Cotton
12.6.2 Synthetic Fibers
12.6.3 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 Sweaters 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) Sweaters Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Sweaters 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) Sweaters Market Size Forecast by Type
13.6.1 Cotton
13.6.2 Synthetic Fibers
13.6.3 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) Sweaters 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 Sweaters Market: Competitive Dashboard
14.2 Global Sweaters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nike
14.3.2 Columbia
14.3.3 The North Face
14.3.4 Augusta Sportswear
14.3.5 Kadena
14.3.6 Bay Island
14.3.7 Medi
14.3.8 Mizuno
14.3.9 Puma
14.3.10 Adidas
14.3.11 Nike
14.3.12 Kappa
14.3.13 Lotto
14.3.14 LINING
14.3.15 ANTA
14.3.16 Xtep
14.3.17 361sport
14.3.18 Erke
14.3.19 PEAK
