Heated Jacket Market Size, Share & Trends Analysis Report By End-use (Men, Women), By Power Source (Below 5 Volt, 5 - 7 Volt, 7 - 20 Volt), By Region, And Segment Forecasts, 2024 - 2030
Heated Jacket Market Size, Share & Trends Analysis Report By End-use (Men, Women), By Power Source (Below 5 Volt, 5 - 7 Volt, 7 - 20 Volt), By Region, And Segment Forecasts, 2024 - 2030
Heated Jacket Market Growth & Trends
The global heated jacket market size is expected to reach USD 319.9 million by 2030, registering a CAGR of 7.2% from 2024 to 2030, 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 2023. 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 55.1% in 2023. 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 7.7% during the forecast period. Increasing participation of women for international adventure sports is anticipated to bode well for the product demand.
Heated Jacket Market Report Highlights
The men users segment dominated the market and accounted for a revenue share of 55.1% in 2023. Recently, companies have introduced numerous unique features such as USD ports, LED lights, digital indicators, multiple pockets for carrying equipment, water-resistant fabric, intuitive battery setups, and more to attract a greater consumer base.
The 5 - 7 volt power source segment accounted for the largest revenue share in 2023. The 5-7 volt power source segment is projected to dominate the global industry owing to various factors such as longer lifespan and enhanced comfort features compared to other power source types.
North America heated jacket market dominated the global industry with revenue share of 38.2% in 2023. The growing utilization of heated jackets among winter athletes, ease of accessibility, and availability of products equipped with style and comfort have driven the growth of this regional industry in the recent past.
Asia Pacific heated jacket market is anticipated to witness the fastest CAGR from 2024 to 2030. The rising demand for heated jackets in countries such as China and Japan has primarily driven this industry.
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