Top Emerging Trends Of Women’s Coats And Jackets Market Progress Forecast 2025 |Grand View Research, Inc.Posted by Mrudula Karmarkar on September 23rd, 2022 The global women’s coats and jackets market size was estimated to reach USD 102.26 billion by 2028 and is expected to expand at a CAGR of 4.5% from 2022 to 2028, according to a new report by Grand View Research, Inc. The growth can be attributed to factors such as the increasing number of working women, continuously changing fashion trends, and increasing purchasing power. Manufacturers are focusing on increasing their customer base by reaching them in different ways such as through e-commerce platforms and offering discount schemes. The heavyweight segment contributed to the 2nd largest revenue share of global market of more than 30.0% in 2021 and is expectd to register a CAGR of 3.9% from 2022 to 2028. The heavyweight segment range is more than 450 g/. It includes fabrics such as leather, heavy wool materials, furs, and padded puffer fabrics. These products are used to protect the body from cold during snowfall and keep body warm. Thus contributing to the market revenue. Offline distribution channel contributed to a larger market share of more than 75% in 2021. Offline channels include exclusive stores, hypermarkets and supermarkets, and retail stores. Manufacturers and marketers use the traditional retail channel for more sales. The segment includes organized retail channels which are more customer-oriented and provide better services by selling a variety of apparel directly to the end-users. Additionally, these stores provide a choice of physical verification and trials & facility of products to the end-users and contribute to the market revenue. Asia Pacific is anticipated to grow at the highest CAGR of 5.5% from 2022 to 2028. China and India are positively contributing to the growth of the market. With the largest growing population and increasing disposable income, the region is witnessing huge demand for apparel. Many multinational companies are expanding in this region due to low labor costs and easy availability of raw materials, which will lead to a more working population. Rising information technology is also positively contributing to the growth of the market. Thus, the region is projected to grow with the highest CAGR during the forecast period. The initial strict lockdowns imposed by the governments of various nations due to the COVID-19 pandemic, coupled with the strict travel restrictions affected the market. This led to the cancelation of various sports events, exhibitions, and other public events across the world. Moreover, corporate offices were functional but with less number of employees while most employees were advised to work from home. Due to this, the market experienced a shortfall in the sales of apparel due to restricted production, disturbed supply chains, and reduced demand. Considering this short slack in market revenue, it is expected that the sector will soon witness healthy growth in the upcoming years after COVID-19 restrictions. To Request Sample Copy of this report, click the link: https://www.grandviewresearch.com/industry-analysis/womens-coats-jackets-market-report/request/rs1 Increasing number of working women, rising per capita income, and purchasing power are attributing to the growth of the market. Additionally, rising corporate culture across the globe is contributing to the growth of the market. Moreover, manufacturers are adopting automatic machines to increase production and at the same time reducing the cost associated. The manufacturers are focusing on increasing their customer base by reaching them in different ways such as through e-commerce platforms and offering discount schemes. Women’s Coats And Jackets Market Report Highlights
The initial strict lockdowns imposed by the governments of various nations due to the COVID-19 pandemic, coupled with the strict travel restrictions affected the market. This led to the cancelation of various sports events, exhibitions, and other public events across the world. Moreover, corporate offices were functional but with less number of employees while most employees were advised to work from home. Due to this, the market experienced a shortfall in the sales of apparel due to restricted production, disturbed supply chains, and reduced demand. Considering this short slack in market revenue, it is expected that the sector will soon witness healthy growth in the upcoming years after COVID-19 restrictions. The women’s coats & jackets market is characterized by the presence of various well-established players and several small and medium players. Vendors are focusing on product launches to meet consumers’ expectations with changing fashion consciousness. Additionally, vendors are trying to innovate new preservative techniques to increase the durability of the product. Moreover, vendors are expanding their reach across geographic. Such initiatives are expected to boost the adoption rate of the products among consumers. The vendors are aggressively following the organic as well as inorganic strategies to expand their footprints across the geography. Some of the prominent players in the global women’s coats and jackets market include:
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