China Headwear Market Size & Outlook, 2022-2030
China headwear market, 2017-2030 (US$M)
Related Markets
China headwear market highlights
- The China headwear market generated a revenue of USD 3,540.2 million in 2022 and is expected to reach USD 5,651.9 million by 2030.
- The China market is expected to grow at a CAGR of 6% from 2023 to 2030.
- In terms of segment, hats and caps was the largest revenue generating type in 2022.
- Hats and Caps is the most lucrative type segment registering the fastest growth during the forecast period.
Headwear market data book summary
| Market revenue in 2022 | USD 3,540.2 million |
| Market revenue in 2030 | USD 5,651.9 million |
| Growth rate | 6% (CAGR from 2022 to 2030) |
| Largest segment | Hats and caps |
| Fastest growing segment | Hats and Caps |
| 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, China accounted for 13.4% 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 Asia Pacific, China headwear market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 4,219.2 million by 2030.
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Headwear Market Scope
Headwear Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China 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 55.91% in 2022. Horizon Databook has segmented the China headwear market based on hats and caps, beanies covering the revenue growth of each sub-segment from 2017 to 2030.
China has the largest market for headwear in Asia Pacific. With increased purchasing power, consumers in the country are willing to spend on fashion and accessories, thus driving product demand.
Chinese consumers are becoming increasingly fashion-conscious and are incorporating headwear as a stylish accessory to complete their outfits. Trends in headwear styles and designs play a significant role in driving demand.
China's growing interest in fitness and athletic activities has led to increased demand for sports-specific headwear, such as running caps, yoga headbands, and workout hats.
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Target buyers of China headwear market databook
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Our clientele includes a mix of headwear market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the China headwear market , including forecasts for subscribers. This country databook contains high-level insights into China headwear market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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China headwear market size, by type, 2017-2030 (US$M)
China Headwear Market Outlook Share, 2022 & 2030 (US$M)
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