Oversized Coat Market Trends and Forecast
The future of the global oversized coat market looks promising with opportunities in the wool, mohair, tweed, and fur & faux fur markets. The global oversized coat market is expected to grow with a CAGR of 4.6% from 2024 to 2030. The major drivers for this market are growing fashion trends favoring relaxed and comfortable clothing styles, rising consumer preference for outerwear with versatile layering options in varying weather conditions, and increasing popularity of oversized coats among younger demographics influenced by social media and celebrity fashion trends.
• Lucintel forecasts that online sale is expected to witness higher growth over the forecast period.
• Within this market, wool is expected to witness the highest growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Oversized Coat Market
• United States – Gap Inc. launched a sustainable oversized coat line, aiming for 50% recycled materials by 2025, supported by federal incentives for eco-friendly fashion.
• France – Louis Vuitton introduced luxury oversized coats, targeting a 15% increase in sales in Europe, aligned with government efforts to promote French fashion exports.
• Japan – Uniqlo expanded its oversized coat collection with heat-retaining technology, targeting a 20% market share increase, supported by government subsidies for apparel innovation.
• United Kingdom – Burberry announced a collaboration for oversized coat designs with British designers, aiming to boost local craftsmanship and meet export growth targets set by trade agreements.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Oversized Coat Market by Segment
The study includes a forecast for the global oversized coat market by type, application, and region.
Oversized Coat Market by Type [Value from 2018 to 2030]:
• Wool
• Mohair
• Tweed
• Fur & Faux Fur
• Others
Oversized Coat Market by Application [Value from 2018 to 2030]:
• Online Sales
• Offline Sales
Oversized Coat Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Oversized Coat Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies oversized coat companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the oversized coat companies profiled in this report include-
• Chanel
• Saint Laurent
• Arket
• Acne Studios
• Raey
• Ganni
• TodÄX%$%XS
Recent Development in the Oversized Coat Market
• Zara: Launched a capsule collection of oversized coats made from sustainable materials, targeting environmentally conscious consumers.
• H&M: Introduced a diverse range of oversized coat styles with inclusive sizing options, aiming to cater to a broader customer base.
• Gucci: Collaborated with a renowned artist to create limited-edition oversized coats, enhancing brand exclusivity and artistic appeal.
• The North Face: Developed oversized coats with advanced insulation technology, focusing on performance and comfort in extreme weather conditions.
Features of the Global Oversized Coat Market
Market Size Estimates: Oversized coat market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Oversized coat market size by type, application, and region in terms of value ($B).
Regional Analysis: Oversized coat market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the oversized coat market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the oversized coat market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for oversized coat market?
Answer: The global oversized coat market is expected to grow with a CAGR of 4.6% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the oversized coat market?
Answer: The major drivers for this market are growing fashion trends favoring relaxed and comfortable clothing styles, rising consumer preference for outerwear with versatile layering options in varying weather conditions, and increasing popularity of oversized coats among younger demographics influenced by social media and celebrity fashion trends.
Q3. What are the major segments for oversized coat market?
Answer: The future of the global oversized coat market looks promising with opportunities in the wool, mohair, tweed, and fur & faux fur markets.
Q4. Who are the key oversized coat market companies?
Answer: Some of the key oversized coat companies are as follows:
• Chanel
• Saint Laurent
• Arket
• Acne Studios
• Raey
• Ganni
• TodÄX%$%XS
Q5. Which oversized coat market segment will be the largest in future?
Answer: Lucintel forecasts that online sale is expected to witness higher growth over the forecast period.
Q6. In oversized coat market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the oversized coat market by type (wool, mohair, tweed, fur & faux fur, and others), application (online sales and offline sales), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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