Latin America Headwear Market Size & Outlook, 2022-2030
Latin America headwear market, 2017-2030 (US$M)
Related Markets
Latin America headwear market highlights
- The Latin America headwear market generated a revenue of USD 2,202.2 million in 2022.
- The market is expected to grow at a CAGR of 7.8% 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.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 2,202.2 million |
| Market revenue in 2030 | USD 4,023.3 million |
| Growth rate | 7.8% (CAGR from 2022 to 2030) |
| Largest segment | Hats and caps |
| Fastest growing segment | Beanies |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, Latin America region accounted for 8.3% of the global headwear market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 4,023.3 million by 2030.
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Headwear Market Scope
Headwear Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America 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 63.11% in 2022. Horizon Databook has segmented the Latin America headwear market based on hats and caps, beanies covering the revenue growth of each sub-segment from 2017 to 2030.
Headwear sales are poised for growth in Central and South America owing to a combination of factors. There is a rising trend of fashion-conscious consumerism in the region, with people increasingly looking to accessorize and make style statements.
This cultural shift translates into greater demand for a variety of headwear items, including hats, caps, and headbands. The thriving football scene in the region also bodes well for market growth.
FThe widespread exposure and attention given to sports teams and athletes generate heightened interest and enthusiasm among fans, resulting in an increased demand for headwear products.
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Target buyers of Latin America 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America headwear market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America headwear market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America headwear market size, by country, 2017-2030 (US$M)
Latin America Headwear Market Outlook Share, 2022 & 2030 (US$M)
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