Winter Wear Market in Europe 2023-2027
Technavio has been monitoring the winter wear market in Europe and is forecast to grow by $17.02 bn during 2022-2027, accelerating at a CAGR of 5.17% during the forecast period. Our report on the winter wear market in Europe provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the rising popularity of digital payment systems, rising demand for premium-quality winter wear, and increase in online spending and sales.
Technavio's winter wear market in Europe is segmented as below:
By End-user
By Product
- Coats and jackets
- Sweaters and cardigans
- Shawls and scarves
- Others
This study identifies the increasing focus on R&D and product innovation as one of the prime reasons driving the winter wear market growth during the next few years. Also, new product offerings and rise in number of private-label brands will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the winter wear market in Europe covers the following areas:
- Winter wear market sizing
- Winter wear market forecast
- Winter wear market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading winter wear market vendors that include ASOS Plc, Benetton Group Srl, BERSHKA BSK ESPANA SA, C and A Mode GmbH and Co KG, Continental Clothing Co., Debenhams Plc, Hennes and Mauritz AB, Industria de Diseno Textil SA, Kering SA, LTP Group AS, LVMH Moet Hennessy Louis Vuitton SE, Manufy, Marks and Spencer Plc, Matalan Retail Ltd., New Look Retailers Ltd., Primark Stores Ltd., PUNTO FA SL, Stradivarius, Joules Ltd., and Next Retail Ltd. Also, the winter wear market in Europe analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.