Market Overview:
The global luxury hats market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for luxury hats from men, women, and kids across different applications such as online stores, supermarkets, and direct stores. North America is expected to lead the global luxury hats market in terms of revenue during the forecast period followed by Europe and Asia Pacific. However, Asia Pacific is projected to witness highest CAGR over the forecast period owing to rising disposable income and changing lifestyle preferences of consumers in this region.
Product Definition:
A luxury hat is a hat that is expensive and considered to be of high quality. They are often made from expensive materials, such as silk, cashmere, or wool. Luxury hats are often worn by celebrities and those who can afford to purchase them.
Men:
By analyzing the customer buying behavior, we can easily understand that men are more concerned with style and appearance than women. This is one of the major factors driving demand for luxury hats. The global luxury hat market size was valued at USD 2 billion in 2015 owing to rising income levels across emerging economies such as China and India along with developed regions such as Europe and North America.
Women:
Women and it's usage in luxury hats market is a research based upon the study of consumer behavior for women and their headgear or caps. The main objective of this study is to understand the current state of the industry, along with providing a forecasted scenario for future development.
Application Insights:
The online store application segment held the largest share of more than 60.0% in 2017. Luxury hats are widely accepted as a status symbol and are increasingly being worn by people working in high profile positions, such as managers, doctors, lawyers and business owners to demonstrate their authority and influence. As a result, the online store is expected to be one of the fastest-growing segments over the forecast period owing to its ability to deliver products directly into customers¢â‚¬â„¢ hands within minutes anywhere in the world.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. This growth can be attributed to increasing purchasing power of consumers, rising popularity of luxury brands, and growing demand for unique hats. China is one of the largest markets in this region due to presence of a large number of luxury brands such as Gucci, Versace, Prada and others. Increasing spending power among middle-class population groups in countries including China and India has been fueling market growth across Asia Pacific region.
North America accounted for more than 20% share in 2017 owing to high concentration of buyers who are willing spend on luxurious products with added value such as style statement or protection from harsh weather conditions. Presence major players operating within U.S.
Growth Factors:
- Increasing disposable income of the consumers: The growth in the luxury hats market is majorly attributed to the increasing disposable income of the consumers. With increase in disposable income, there is a rise in demand for luxury products, including luxury hats.
- Changing fashion trends: Another key factor driving growth in this market is changing fashion trends, which are encouraging people to buy more luxurious hats.
- Growing popularity of online shopping: The growing popularity of online shopping has also helped boost sales of luxury hats, as it offers buyers easy and convenient access to a wide range of products from different brands all at one place.
- Rising number of tourists: The rising number of tourists is also propelling growth in the global luxury hats market as they are spending more on purchasing these items during their travels abroad.
Scope Of The Report
Report Attributes
Report Details
Report Title
Luxury Hats Market Research Report
By Type
Men, Women, Kids
By Application
Online Store, Supermarket, Direct Store
By Companies
Hermes, Adidas, Nike, GAP, New Era Cap, Channel, Nike, Burberry, Lackpard, Carhartt, KBethos, DALIX, Under Armour, Ralph Lauren, ECOnscious, Vintage Year, Diamond
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Luxury Hats Market Report Segments:
The global Luxury Hats market is segmented on the basis of:
Types
Men, Women, Kids
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 Store, Supermarket, Direct Store
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:
- Hermes
- Adidas
- Nike
- GAP
- New Era Cap
- Channel
- Nike
- Burberry
- Lackpard
- Carhartt
- KBethos
- DALIX
- Under Armour
- Ralph Lauren
- ECOnscious
- Vintage Year
- Diamond
Highlights of The Luxury Hats 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
- Kids
- By Application:
- Online Store
- Supermarket
- Direct Store
- 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 Luxury Hats 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?
Luxury hats are typically made from high-quality materials, such as wool or cashmere. They often have a distinctive style and are worn for special occasions, such as weddings or formal events.
Some of the major companies in the luxury hats market are Hermes, Adidas, Nike, GAP, New Era Cap, Channel, Nike, Burberry, Lackpard, Carhartt, KBethos, DALIX, Under Armour, Ralph Lauren, ECOnscious, Vintage Year, Diamond.
The luxury hats market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Luxury Hats Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Luxury Hats Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Luxury Hats Market - Supply Chain
4.5. Global Luxury Hats Market Forecast
4.5.1. Luxury Hats Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Luxury Hats Market Size (000 Units) and Y-o-Y Growth
4.5.3. Luxury Hats Market Absolute $ Opportunity
5. Global Luxury Hats Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Luxury Hats Market Size and Volume Forecast by Type
5.3.1. Men
5.3.2. Women
5.3.3. Kids
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Luxury Hats Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Luxury Hats Market Size and Volume Forecast by Application
6.3.1. Online Store
6.3.2. Supermarket
6.3.3. Direct Store
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Luxury Hats Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Luxury Hats Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Luxury Hats Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Luxury Hats Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Luxury Hats Demand Share Forecast, 2019-2026
9. North America Luxury Hats Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Luxury Hats Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Luxury Hats Market Size and Volume Forecast by Application
9.4.1. Online Store
9.4.2. Supermarket
9.4.3. Direct Store
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Luxury Hats Market Size and Volume Forecast by Type
9.7.1. Men
9.7.2. Women
9.7.3. Kids
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Luxury Hats Demand Share Forecast, 2019-2026
10. Latin America Luxury Hats Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Luxury Hats Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Luxury Hats Market Size and Volume Forecast by Application
10.4.1. Online Store
10.4.2. Supermarket
10.4.3. Direct Store
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Luxury Hats Market Size and Volume Forecast by Type
10.7.1. Men
10.7.2. Women
10.7.3. Kids
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Luxury Hats Demand Share Forecast, 2019-2026
11. Europe Luxury Hats Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Luxury Hats Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Luxury Hats Market Size and Volume Forecast by Application
11.4.1. Online Store
11.4.2. Supermarket
11.4.3. Direct Store
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Luxury Hats Market Size and Volume Forecast by Type
11.7.1. Men
11.7.2. Women
11.7.3. Kids
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Luxury Hats Demand Share, 2019-2026
12. Asia Pacific Luxury Hats Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Luxury Hats Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Luxury Hats Market Size and Volume Forecast by Application
12.4.1. Online Store
12.4.2. Supermarket
12.4.3. Direct Store
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Luxury Hats Market Size and Volume Forecast by Type
12.7.1. Men
12.7.2. Women
12.7.3. Kids
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Luxury Hats Demand Share, 2019-2026
13. Middle East & Africa Luxury Hats Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Luxury Hats Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Luxury Hats Market Size and Volume Forecast by Application
13.4.1. Online Store
13.4.2. Supermarket
13.4.3. Direct Store
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Luxury Hats Market Size and Volume Forecast by Type
13.7.1. Men
13.7.2. Women
13.7.3. Kids
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Luxury Hats Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Luxury Hats Market: Market Share Analysis
14.2. Luxury Hats Distributors and Customers
14.3. Luxury Hats Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Hermes
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Adidas
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nike
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. GAP
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. New Era Cap
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Channel
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Nike
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Burberry
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Lackpard
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Carhartt
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. KBethos
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. DALIX
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Under Armour
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Ralph Lauren
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. ECOnscious
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Vintage Year
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Diamond
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
