The Latin America, Middle East and Africa Headwear Market would witness market growth of 8.4% CAGR during the forecast period (2022-2028).
The expansion of the fashion sector, which has led to an increase in the attractiveness of fashion and style among the general public, is the main factor driving the development of the headwear market. Additionally, the increasing popularity of winter clothing and accessories like woolen hats, beanies, and winter headgear items in developed nations can be largely attributed to the altering weather patterns brought on by global warming. Offering a selection of winter hats is something that top organizations in the sector are putting more emphasis on. In order to meet the specific needs of each consumer, their new designs differ greatly in terms of color, form, style, and size.
The booming fashion sector and widespread use of the product as a fashion statement that completes an outfit, add flamboyance and increases self-confidence significantly contribute to the market's expansion. Along these lines, growing trends in product customization to match attire, support sports franchises, raise money for a good cause and promote companies are contributing to growth. The expansion of the beauty sector is the primary driver of the hat industry. Most women are persuaded to wear hats primarily or at least partly because they think it improves their appearance, particularly their hair.
The middle class serves as both the bedrock and the engine of the consumer industry. Therefore, the prospect of ongoing middle-class growth in the region due to stronger economic performance is encouraging for businesses operating there. Furthermore, the growth of the middle class will also benefit businesses operating in the region since it will broaden the regional talent pool and boost the supply of more skilled labor because middle-class people typically have a superior education. Therefore, the region presents lucrative growth opportunities for the growth of the headwear market in the coming years.
The Brazil market dominated the LAMEA Headwear Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $661.4 million by 2028. The Argentina market is registering a CAGR of 8.9% during (2022 - 2028). Additionally, The UAE market would generate a CAGR of 8.1% during (2022 - 2028).
Based on Distribution Channel, the market is segmented into Offline and Online. Based on Type, the market is segmented into Hats & Caps, Beanies and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Headwear Market will Hit $36.4 Billion by 2028, at a CAGR of 6.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Adidas AG, PVH Corporation (Calvin Klein), Capri Holdings Limited, Guccio Gucci S.p.A. (Kering Group), New Era Cap Co., Lacoste (Maus Frères SA), Superdry Plc, Nike, Inc., Ralph Lauren Corporation, and PUMA SE.
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
By Type
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Adidas AG
- PVH Corporation (Calvin Klein)
- Capri Holdings Limited
- Guccio Gucci S.p.A. (Kering Group)
- New Era Cap Co.
- Lacoste (Maus Frères SA)
- Superdry Plc
- Nike, Inc.
- Ralph Lauren Corporation
- PUMA SE
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Headwear Market, by Distribution Channel
1.4.2 LAMEA Headwear Market, by Type
1.4.3 LAMEA Headwear Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. LAMEA Headwear Market by Distribution Channel
3.1 LAMEA Offline Market by Country
3.2 LAMEA Online Market by Country
Chapter 4. LAMEA Headwear Market by Type
4.1 LAMEA Hats & Caps Market by Country
4.2 LAMEA Beanies Market by Country
4.3 LAMEA Others Market by Country
Chapter 5. LAMEA Headwear Market by Country
5.1 Brazil Headwear Market
5.1.1 Brazil Headwear Market by Distribution Channel
5.1.2 Brazil Headwear Market by Type
5.2 Argentina Headwear Market
5.2.1 Argentina Headwear Market by Distribution Channel
5.2.2 Argentina Headwear Market by Type
5.3 UAE Headwear Market
5.3.1 UAE Headwear Market by Distribution Channel
5.3.2 UAE Headwear Market by Type
5.4 Saudi Arabia Headwear Market
5.4.1 Saudi Arabia Headwear Market by Distribution Channel
5.4.2 Saudi Arabia Headwear Market by Type
5.5 South Africa Headwear Market
5.5.1 South Africa Headwear Market by Distribution Channel
5.5.2 South Africa Headwear Market by Type
5.6 Nigeria Headwear Market
5.6.1 Nigeria Headwear Market by Distribution Channel
5.6.2 Nigeria Headwear Market by Type
5.7 Rest of LAMEA Headwear Market
5.7.1 Rest of LAMEA Headwear Market by Distribution Channel
5.7.2 Rest of LAMEA Headwear Market by Type
Chapter 6. Company Profiles
6.1 Adidas AG
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Regional Analysis
6.1.4 Research & Development Expense
6.2 PVH Corporation (Calvin Klein)
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.3 Capri Holdings Limited
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.4 Guccio Gucci S.p.A. (Kering Group)
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental and Regional Analysis
6.5 New Era Cap Co.
6.5.1 Company Overview
6.6 Lacoste (Maus Frères SA)
6.6.1 Company Overview
6.6.2 Recent strategies and developments:
6.6.2.1 Partnerships, Collaborations, and Agreements:
6.7 Superdry Plc
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Regional Analysis
6.8 Nike, Inc.
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Segmental Analysis
6.9 Ralph Lauren Corporation
6.9.1 Company Overview
6.9.2 Financial Analysis
6.9.3 Regional Analysis
6.9.4 Recent strategies and developments:
6.9.4.1 Partnerships, Collaborations, and Agreements:
6.10. PUMA SE
6.10.1 Company Overview
6.10.2 Financial Analysis
6.10.3 Regional Analysis
6.10.4 Research & Development Expense
TABLE 1 LAMEA Headwear Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Headwear Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Headwear Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 4 LAMEA Headwear Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 5 LAMEA Offline Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Offline Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Online Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Online Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Headwear Market by Type, 2018 - 2021, USD Million
TABLE 10 LAMEA Headwear Market by Type, 2022 - 2028, USD Million
TABLE 11 LAMEA Hats & Caps Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Hats & Caps Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Beanies Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Beanies Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Headwear Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Headwear Market by Country, 2022 - 2028, USD Million
TABLE 19 Brazil Headwear Market, 2018 - 2021, USD Million
TABLE 20 Brazil Headwear Market, 2022 - 2028, USD Million
TABLE 21 Brazil Headwear Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 22 Brazil Headwear Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 23 Brazil Headwear Market by Type, 2018 - 2021, USD Million
TABLE 24 Brazil Headwear Market by Type, 2022 - 2028, USD Million
TABLE 25 Argentina Headwear Market, 2018 - 2021, USD Million
TABLE 26 Argentina Headwear Market, 2022 - 2028, USD Million
TABLE 27 Argentina Headwear Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 28 Argentina Headwear Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 29 Argentina Headwear Market by Type, 2018 - 2021, USD Million
TABLE 30 Argentina Headwear Market by Type, 2022 - 2028, USD Million
TABLE 31 UAE Headwear Market, 2018 - 2021, USD Million
TABLE 32 UAE Headwear Market, 2022 - 2028, USD Million
TABLE 33 UAE Headwear Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 34 UAE Headwear Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 35 UAE Headwear Market by Type, 2018 - 2021, USD Million
TABLE 36 UAE Headwear Market by Type, 2022 - 2028, USD Million
TABLE 37 Saudi Arabia Headwear Market, 2018 - 2021, USD Million
TABLE 38 Saudi Arabia Headwear Market, 2022 - 2028, USD Million
TABLE 39 Saudi Arabia Headwear Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 40 Saudi Arabia Headwear Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 41 Saudi Arabia Headwear Market by Type, 2018 - 2021, USD Million
TABLE 42 Saudi Arabia Headwear Market by Type, 2022 - 2028, USD Million
TABLE 43 South Africa Headwear Market, 2018 - 2021, USD Million
TABLE 44 South Africa Headwear Market, 2022 - 2028, USD Million
TABLE 45 South Africa Headwear Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 46 South Africa Headwear Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 47 South Africa Headwear Market by Type, 2018 - 2021, USD Million
TABLE 48 South Africa Headwear Market by Type, 2022 - 2028, USD Million
TABLE 49 Nigeria Headwear Market, 2018 - 2021, USD Million
TABLE 50 Nigeria Headwear Market, 2022 - 2028, USD Million
TABLE 51 Nigeria Headwear Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 52 Nigeria Headwear Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 53 Nigeria Headwear Market by Type, 2018 - 2021, USD Million
TABLE 54 Nigeria Headwear Market by Type, 2022 - 2028, USD Million
TABLE 55 Rest of LAMEA Headwear Market, 2018 - 2021, USD Million
TABLE 56 Rest of LAMEA Headwear Market, 2022 - 2028, USD Million
TABLE 57 Rest of LAMEA Headwear Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 58 Rest of LAMEA Headwear Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 59 Rest of LAMEA Headwear Market by Type, 2018 - 2021, USD Million
TABLE 60 Rest of LAMEA Headwear Market by Type, 2022 - 2028, USD Million
TABLE 61 key information – Adidas AG
TABLE 62 Key Information – PVH Corporation
TABLE 63 Key Information – Capri Holdings Limited
TABLE 64 Key Information – Guccio Gucci S.p.A.
TABLE 65 Key Information – New Era Cap Co.
TABLE 66 Key Information – Lacoste
TABLE 67 Key Information – Superdry plc
TABLE 68 Key Information – Nike, Inc.
TABLE 69 key Information – Ralph Lauren Corporation
TABLE 70 Key information – PUMA SE
List of Figures
FIG 1 Methodology for the research