Global outdoor apparel market expected to be of US $ 22.8 billion by 2030

With the CAGR of 5.45 per cent, the outdoor apparel market is expected to be worth US $ 22.8 billion by 2030.

According to a report from SkyQuest, US, this segment is experiencing a surge in demand, primarily fueled by the increasing popularity of outdoor activities such as hiking, camping, and rock climbing.

The report says that as more individuals are drawn to the allure of exploring nature and engaging in thrilling outdoor adventures, they seek the right gear to ensure their comfort, safety, and performance.

Within this segment, the bottom wear sector has emerged as the dominant player, boasting the highest market share in the outdoor apparel market. The subcategories of bottom wear include shorts, trousers, and tights and leggings, each catering to specific customer preferences and outdoor activities. Overall the men’s segment is expected to dominate the market due to the increase in men’s outdoor involvement.

The North Face, Patagonia, Columbia Sportswear, Mountain Hardwear, Mammut Sports Group, Jack Wolfskin, Salomon, Helly Hansen, Icebreaker ,Smartwool, Montane, Fjällräven, Rab, Haglöfs, Vaude, Berghaus are some of the leading companies in this product category.

The outdoor apparel market is an expansive and rapidly growing industry that caters to a diverse and enthusiastic consumer base that enjoy spending time in nature and engaging in outdoor activities.