Brazil Headwear Market Size & Outlook, 2022-2030
Brazil headwear market, 2017-2030 (US$M)
Related Markets
Brazil headwear market highlights
- The Brazil headwear market generated a revenue of USD 1,211.4 million in 2022 and is expected to reach USD 2,341.5 million by 2030.
- The Brazil market is expected to grow at a CAGR of 8.6% from 2023 to 2030.
- In terms of segment, hats and caps was the largest revenue generating type in 2022.
- Beanies is the most lucrative type segment registering the fastest growth during the forecast period.
Headwear market data book summary
| Market revenue in 2022 | USD 1,211.4 million |
| Market revenue in 2030 | USD 2,341.5 million |
| Growth rate | 8.6% (CAGR from 2022 to 2030) |
| Largest segment | Hats and caps |
| Fastest growing segment | Beanies |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hats and Caps, Beanies |
| Key market players worldwide | Adidas AG, PVH Corp, Kering SA, Aclarion Inc Ordinary Shares, Superdry PLC, Nike Inc Class B, Ralph Lauren Corp Class A, Puma SE, Lacoste, Versace |
Other key industry trends
- In terms of revenue, Brazil accounted for 4.6% of the global headwear market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil headwear market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 2,341.5 million by 2030.
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Headwear Market Scope
Headwear Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil headwear market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to headwear market will help companies and investors design strategic landscapes.
Hats and caps was the largest segment with a revenue share of 63.93% in 2022. Horizon Databook has segmented the Brazil headwear market based on hats and caps, beanies covering the revenue growth of each sub-segment from 2017 to 2030.
Brazil is home to numerous football clubs that form the backbone of its rich football culture. The Brazilian sports headwear market is heavily influenced by the country's deep-rooted passion for the sport.
Brands are capitalizing on this trend by offering a wide range of high-quality and officially licensed headwear to cater to the fervent fan base. For instance, in November 2022, sports equipment manufacturer Umbro Brazil and Italian collectible company Panini entered into a strategic collaboration honoring their love for football.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil headwear market , including forecasts for subscribers. This country databook contains high-level insights into Brazil headwear market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil headwear market size, by type, 2017-2030 (US$M)
Brazil Headwear Market Outlook Share, 2022 & 2030 (US$M)
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