Heated Jacket Market is Anticipated to Reach USD 293.24 Million by 2025: Grand View Research, Inc.
17-Jan-2020: The global heated jacket
market size is expected to reach USD 293.24 million by
2025, expanding at a CAGR of 22.8%, according to a new report by Grand View
Research, Inc. Heated clothing not only prevents body heat from escaping but it
also produces heat to keep the body warm in cold weather. Rise in disposable
income and spending on smart clothing is also projected to bode well for the
product demand in near future.
Rising demand for
heated jackets from sports enthusiasts and consumers engaging in outdoor
activities such as hiking, skiing or snowboarding, biking, and mountaineering
among others is anticipated to drive the market. They help cutting down on the
number of layers of clothes required underneath and provide more free body
movement required, especially during outdoor activities. Various military
bodies also use these products during combats and patrolling in extreme cold
weather conditions.
North America was
the largest regional market for heated jacket in 2018. North America faces
extreme winter conditions with heavy snowfall and cool breeze. Normal clothing
is not enough to protect the body from such situations, thereby driving sales
of heated apparels in the region.
In terms of end
user, men held the largest market share of around 56.00% in 2018. Increasing
number of bikers, mountaineers, and adventure sports enthusiasts is propelling
the growth of the segment. High average spending and engagement in outdoor
activities is anticipated to propel the demand from this end user segment. The
women end user segment, on the other hand, is anticipated to expand at the
fastest CAGR of over 23% during the forecast period. Increasing participation
of women for international adventure sports is anticipated to bode well for the
product demand.
In depth research report on Heated Jacket Market
Further key findings from the report suggest:
·
In terms of power rating, the 5 volt to 7.4 volt generated
the highest revenue in 2018
·
Asia Pacific has been witnessing strong growth over the past
few years on account of rising demand for innovative gadgets
·
U.S., Germany, U.K., Russia, China, India, and Brazil are the
major countries in the heated jacket market
Grand View Research
has segmented the global heated jacket market on the basis of end user, power
rating, and region:
Heated Jacket End User Outlook (Revenue, USD Million, 2015 -
2025)
·
Men
·
Women
Heated Jacket Power Rating Outlook (Revenue, USD Million,
2015 - 2025)
·
Upto 5 Volt
·
5 to 7.4 Volt
·
7.4 to 20 Volt
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About
Grand View Research
Grand View Research, Inc. is the
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, the company offers market
intelligence studies ensuring relevant and fact-based research across a range
of industries including technology, chemicals, materials, healthcare and
energy.
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