Heated Jacket Market Registering A CAGR Of 22.8% From 2019 To 2025 : Grand View Research Inc.
San Francisco, 24 October 2019: The Report Heated Jacket Market Size, Share & Trends Analysis Report By End User (Men, Women), By Power Rating (Upto 5 Volt, 5 to 7.4 Volt, 7.4 to 20 Volt), By Region, And Segment Forecasts, 2019 – 2025
The global heated jacket market size is expected to reach USD 293.24 million by 2025, expanding at a CAGR of 22.8%, according to a new report by Grand View Research, Inc. Heated clothing not only prevents body heat from escaping but it also produces heat to keep the body warm in cold weather. Rise in disposable income and spending on smart clothing is also projected to bode well for the product demand in near future.
Rising demand for heated jackets from sports enthusiasts and consumers engaging in outdoor activities such as hiking, skiing or snowboarding, biking, and mountaineering among others is anticipated to drive the market. They help cutting down on the number of layers of clothes required underneath and provide more free body movement required, especially during outdoor activities. Various military bodies also use these products during combats and patrolling in extreme cold weather conditions.
North America was the largest regional market for heated jacket in 2018. North America faces extreme winter conditions with heavy snowfall and cool breeze. Normal clothing is not enough to protect the body from such situations, thereby driving sales of heated apparels in the region.
In terms of end user, men held the largest market share of around 56.00% in 2018. Increasing number of bikers, mountaineers, and adventure sports enthusiasts is propelling the growth of the segment. High average spending and engagement in outdoor activities is anticipated to propel the demand from this end user segment. The women end user segment, on the other hand, is anticipated to expand at the fastest CAGR of over 23% during the forecast period. Increasing participation of women for international adventure sports is anticipated to bode well for the product demand.
Access Research Report of Heated Jacket Market @ https://www.grandviewresearch.com/industry-analysis/heated-jacket-market
Further key findings from the report suggest:
- In terms of power rating, the 5 volt to 7.4 volt generated the highest revenue in 2018
- Asia Pacific has been witnessing strong growth over the past few years on account of rising demand for innovative gadgets
- S., Germany, U.K., Russia, China, India, and Brazil are the major countries in the heated jacket market
Grand View Research has segmented the global heated jacket market on the basis of end user, power rating, and region:
Heated Jacket End User Outlook (Revenue, USD Million, 2015 - 2025)
- Men
- Women
- Upto 5 Volt
- 5 to 7.4 Volt
- 4 to 20 Volt
- North America
- Europe
- Asia Pacific
- Central & South America
- Middle East & Africa
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com
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