Canada Headwear Market Size & Outlook, 2022-2030
Canada headwear market, 2017-2030 (US$M)
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Canada headwear market highlights
- The Canada headwear market generated a revenue of USD 547.4 million in 2022 and is expected to reach USD 917.8 million by 2030.
- The Canada market is expected to grow at a CAGR of 6.7% 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 547.4 million |
| Market revenue in 2030 | USD 917.8 million |
| Growth rate | 6.7% (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, Canada accounted for 2.1% 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 North America, U.S. headwear market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 917.8 million by 2030.
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Headwear Market Scope
Headwear Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 45.01% in 2022. Horizon Databook has segmented the Canada headwear market based on hats and caps, beanies covering the revenue growth of each sub-segment from 2017 to 2030.
The diverse weather conditions in Canada, spanning from cold winters to extreme summers, necessitate a variety of headwear options, including winter hats, beanies, and sun hats.
These different headwear choices cater to the need for both protection and comfort throughout the various seasons in the country. Several new and established players in the country offer different types of headwear to address the growing demand for headwear.
For instance, Canada-based Kootenay Knit & Apparel offers a wide range of knit beanies for winter. Furthermore, the increase in collaborations between sports teams and retailers is contributing to the high demand for headwear in the country.
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Our clientele includes a mix of headwear market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada headwear market , including forecasts for subscribers. This country databook contains high-level insights into Canada headwear market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Canada headwear market size, by type, 2017-2030 (US$M)
Canada Headwear Market Outlook Share, 2022 & 2030 (US$M)
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