Winter Wear Market to Propel at a CAGR of over 5% throughout the Forecast Period as Intelligent Heated Jacket Gains Ground in the U.S.

Published on : Mar 06, 2019

Albany, New York, March 6, 2019: Although winter has been wonderful time to experience scintillating landscape, it has also posed serious problems for the ones who are unprepared for the elements. On account of long-term effects and fatalities of cold injury, winter clothing has become the single most essential resource to keep warm and snug. Experts vouch for adjustment of work activities and hydration along with winter wears to keep winter woes at bay. These introductory excerpts are according to the report titled, “Winter Wear Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028,” which has been recently added to the intelligence report of Market Research Hub (MRH). With respect to the market share, the market for winter wear is anticipated to grow at a compound annual growth rate of over 5% throughout the forecast period.

The transactions of winter products through e-commerce globally has surged in the recent past which has led to the growth in business-to-consumer (B2C) business in various domains. As such, advent of online sales channel coupled with growing winter wear product portfolio is expected to propel the growth of winter wear market.

Boston-based Ministry of Supply rolled out Mercury— an intelligent heated jacket which can be controlled by voice by a smart assistant such as Alexa or can operate automatically. It has sensors to detect the outside temperature and uses thin carbon fiber pads to heat the jacket. It is growing in popularity in the U.S. and is gradually expanding its footprints in Non-U.S. regions.

Winter Wear Market: Report Content

The report provides a comprehensive assessment on the winter wear market with quantitative and qualitative analysis. Further, the report offers a clear picture with respect to dynamics of winter wear market, including drivers, trends, opportunities, and restraints. These aspects are indispensable and possess potency to impact the growth of the winter wear market. Besides, the report delves into the segregation of the winter wear market to provide a robust picture of winter wear market.

The report incorporates exhaustive executive summary followed by market introduction section. The report also presents lucid picture of through market overview and market analysis. The market background section focuses on value chain analysis and macro-economic factors. The report also encompasses mergers and acquisitions along with technological advancements that have significant influence in the development of the winter wear market. The report also incorporates market structure analysis which throws light on market share analysis of leading players coupled market presence analysis of market players. Meanwhile, the report also reveals the technology roadmap of the winter wear market. The report also includes investment feasibility matrix along with Product life cycle analysis.

The report also includes competitive scenario of the winter wear market, including competition intensity mapping with respect to market taxonomy; competition dashboard and company profiles. The section, based on Porters’ Five Force Analysis, also sheds light on financials overview, strategies, product portfolio and recent developments.

Winter Wear Market: Research Methodology

Validation of the information in the report is done through primary sources, including in-person interactions, surveys, view of seasoned analyst, interviews and in-person interactions and insights of analyst coupled with secondary sources incorporating trade journals, verified paid sources, resourceful databases and trade journals. Absolute dollar opportunity analysis has also formed basis for the robust analysis of the report.

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