U.S. Headwear Market Size & Outlook, 2022-2030
U.S. headwear market, 2017-2030 (US$M)
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U.S. headwear market highlights
- The U.S. headwear market generated a revenue of USD 6,982.9 million in 2022 and is expected to reach USD 11,641.2 million by 2030.
- The U.S. market is expected to grow at a CAGR of 6.6% 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 6,982.9 million |
| Market revenue in 2030 | USD 11,641.2 million |
| Growth rate | 6.6% (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, U.S. accounted for 26.4% 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 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 |
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U.S. 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 56.98% in 2022. Horizon Databook has segmented the U.S. headwear market based on hats and caps, beanies covering the revenue growth of each sub-segment from 2017 to 2030.
The fusion of athletic and leisurewear, commonly seen in sportswear and streetwear, has contributed to the popularity of headwear in the U.S. Athleisure outfits often include sporty caps, beanies, and other types of headwear, creating a demand for such products that can be worn both during physical activities and as everyday fashion items.
In line with this trend, several streetwear and sportswear brands are increasingly displaying their logos on headwear products. For example, in June 2023, U.S.-based Sportsman Cap & Bag's Imperial brand was designated as the official certified headwear provider for Major League Pickleball (MLP).
This represents MLP's first-ever licensed headwear partnership, occurring within a sport that has been steadily gaining popularity, attracting endorsements, and expanding its promotional footprint.
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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 U.S. headwear market , including forecasts for subscribers. This country databook contains high-level insights into U.S. headwear market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. headwear market size, by type, 2017-2030 (US$M)
U.S. Headwear Market Outlook Share, 2022 & 2030 (US$M)
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