Europe Caps and Hats Market Forecast to 2031 - Regional Analysis - by Type (Caps and Hats), Material (Polyester, Cotton, Leather, Blends, and Others), End User (Men, Women, Unisex, and Kids), and Distribution Channel (Supermarket and Hypermarket, Specialty Stores, Online Retail, and Others)

BMIRE00030739 | Pages: 106 | Consumer Goods | Sep 2024 | Type: Regional | Status: Published

The Europe caps and hats market was valued at US$ 7,664.10 million in 2023 and is expected to reach US$ 10,306.61 million by 2031; it is estimated to register a CAGR of 3.8% from 2023 to 2031.

Increasing Celebrity and Social Media Influence Drives Europe Caps and Hats Market

Globalization and the penetration of the internet and smartphones have contributed to a growing awareness of the latest trends in the apparel industry. Many fashion influencers on social media platforms such as Instagram, YouTube, Facebook, and Snapchat share styling tutorials, ratings, and product links that influence the purchase decisions of consumers. Social media is strongly influencing people's lifestyles, with many people trying to imitate celebrities and their living standards to follow the latest market trends; this majorly impacts consumer buying behavior. Also, with an increasing focus on self-appearance, people are spending on fashion accessories such as caps, hats, scarves, and trending footwear based on the latest fashion trends on social media. Several caps and hats manufacturers are investing in celebrity endorsements to enhance their brand image and boost product sales.

New age celebrities and fashion icons such as Gigi Hadid, Kendall Jenner, and Rihanna pair stylish caps and hats with both casual and high-fashion outfits, demonstrating the accessory's unparalleled adaptability. Social media influencers are utilizing social media platforms such as TikTok, Instagram, and Snapchat to showcase various caps and hats, including bucket hats, trucker caps, and baseball caps in streetwear, pop-culture outfits, boho chic, casual wear, and various other aesthetic-which is inspiring the fashion sense of new generation of fans. Thus, increasing social media and celebrity influence worldwide is contributing to the growth of the caps and hats market.

Europe Caps and Hats Market Overview

The presence of renowned fashion capitals such as Paris, Milan, and London significantly impact consumer preferences and trends in the fashion and apparel industry. These cities are at the forefront of global fashion and highly focused on enhancing style and innovation. As a result, caps and hats have become integral accessories in the European fashion scene, with designers and influencers incorporating them into runway looks and street-style ensembles. The association with high-end fashion elevates the appeal of caps and hats, driving their demand among fashion-conscious consumers across Europe.

Moreover, the diverse outdoor lifestyle in Europe contributes to the increasing popularity of caps and hats. Many organizations across the region host a wide range of outdoor recreational activities such as skiing in Switzerland, hiking in the Scottish Highlands, or lounging on the beaches of Greece, caps and hats become essential for shielding against the elements such as dust and sun rays. Caps and hats designed for outdoor pursuits provide functional benefits such as sun protection and warmth but also cater to the aesthetic preferences of outdoor enthusiasts, which drives product demand in the market.

Furthermore, Europe's rich heritage and tradition are among the major factors positively influencing the demand for caps and hats. Many European countries have centuries-old customs and cultural practices associated with specific types of caps and hats. For example, the British bowler hat and the French beret symbolize national identity and tradition. Additionally, religious ceremonies, festivals, and ceremonies often involve elaborate caps and hats, further fueling the demand for caps and hats as cultural artifacts and ceremonial accessories.

Moreover, the urban streetwear culture in cities across Europe contributes to the surge in demand for caps and hats. From London's vibrant street markets to Berlin's underground fashion scene, people living in these cities embrace a casual yet stylish approach to dressing. Caps and hats are common streetwear ensembles, offering wearers a cool and edgy aesthetic. Also, caps and hats are favored accessories among urban dwellers seeking to make a fashion statement.

The thriving tourist business in Europe leads to increased sales of caps and hats. Every year, millions of tourists visit Europe to explore its historic landmarks, cultural attractions, and picturesque landscapes. Caps and hats featuring city names, landmarks, and motifs are popular souvenirs for travelers seeking to commemorate their European adventures. Thus, the growing demand from tourists, coupled with the preferences of local consumers, contributes to the overall growth of the Europe caps and hats market.

Europe Caps and Hats Market Revenue and Forecast to 2031 (US$ Million)

Europe Caps and Hats Market Revenue and Forecast to 2031 (US$ Million)

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Europe Caps and Hats Market Segmentation

The Europe caps and hats market is categorized into type, material, end user, distribution channel, and country.

Based on type, the Europe caps and hats market is bifurcated into caps and hats. The caps segment held a larger Europe caps and hats market share in 2023.

In terms of material, the Europe caps and hats market is segmented into polyester, cotton, leather, blends, and others. The cotton segment held the largest Europe caps and hats market share in 2023.

By end user, the Europe caps and hats market is divided into conventional men, women, unisex, and kids. The men segment held the largest Europe caps and hats market share in 2023.

Based on distribution channel, the Europe caps and hats market is categorized into supermarket and hypermarket, specialty stores, online retail, and others. The specialty stores segment held the largest Europe caps and hats market share in 2023.

By country, the Europe caps and hats market is categorized into Germany, the UK, France, Russia, Italy, and the Rest of Europe. The Rest of Europe dominated the Europe caps and hats market share in 2023.

Nike Inc, Adidas AG, Under Armour Inc, H&M Hennes & Mauritz AB, New Era Cap, Puma SE, ADER, YUPOONG INC, and Levi Strauss & Co are some of the leading companies operating in the Europe caps and hats market.

TABLE OF CONTENTS

 

1. Introduction

1.1 The Insight Partners Research Report Guidance

1.2 Market Segmentation

2. Executive Summary

2.1 Key Market Insights

2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

3.4 Limitation and Assumptions

4. Europe Caps and Hats Market Landscape

4.1 Market Overview

4.2 Porter's Analysis

4.2.1 Bargaining Power of Suppliers

4.2.2 Bargaining Power of Buyers

4.2.3 Threat of New Entrants

4.2.4 Competitive Rivalry

4.2.5 Threat of Substitutes

4.3 Ecosystem Analysis

4.3.1 Raw Material Suppliers:

4.3.2 Manufacturers:

4.3.3 Retailers:

5. Europe Caps and Hats Market - Key Market Dynamics

5.1 Market Drivers

5.1.1 Growth of Fashion & Apparel Industry

5.1.2 Increasing Celebrity and Social Media Influence

5.2 Market Restraints

5.2.1 Presence of Unorganized Market and Counterfeit Products

5.3 Market Opportunities

5.3.1 Focus on Sustainable Fabrics for Caps and Hats

5.4 Future Trends

5.4.1 Popularity of Bucket Hats and Baseball Caps

5.5 Impact of Drivers and Restraints:

6. Caps and Hats Market - Europe Market Analysis

6.1 Europe Caps and Hats Market Revenue (US$ Million), 2020-2031

6.2 Europe Caps and Hats Market Forecast Analysis

7. Europe Caps and Hats Market Analysis - by Type

7.1 Caps

7.1.1 Overview

7.1.2 Caps: Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million)

7.2 Hats

7.2.1 Overview

7.2.2 Hats: Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million)

8. Europe Caps and Hats Market Analysis - by Material

8.1 Polyester

8.1.1 Overview

8.1.2 Polyester: Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million)

8.2 Cotton

8.2.1 Overview

8.2.2 Cotton: Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million)

8.3 Leather

8.3.1 Overview

8.3.2 Leather: Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million)

8.4 Blends

8.4.1 Overview

8.4.2 Blends: Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million)

8.5 Others

8.5.1 Overview

8.5.2 Others: Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million)

9. Europe Caps and Hats Market Analysis - by End User

9.1 Men

9.1.1 Overview

9.1.2 Men: Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million)

9.2 Women

9.2.1 Overview

9.2.2 Women: Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million)

9.3 Unisex

9.3.1 Overview

9.3.2 Unisex: Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million)

9.4 Kids

9.4.1 Overview

9.4.2 Kids: Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million)

10. Europe Caps and Hats Market Analysis - by Distribution Channel

10.1 Supermarket and Hypermarket

10.1.1 Overview

10.1.2 Supermarket and Hypermarket: Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million)

10.2 Specialty Stores

10.2.1 Overview

10.2.2 Specialty Stores: Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million)

10.3 Online Retail

10.3.1 Overview

10.3.2 Online Retail: Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million)

10.4 Others

10.4.1 Overview

10.4.2 Others: Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million)

11. Europe Caps and Hats Market - Country Analysis

11.1 Europe

11.1.1 Europe: Caps and Hats Market - Revenue and Forecast Analysis - by Country

11.1.1.1 Europe: Caps and Hats Market - Revenue and Forecast Analysis - by Country

11.1.1.2 Germany: Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million)

11.1.1.2.1 Germany: Caps and Hats Market Breakdown, by Type

11.1.1.2.2 Germany: Caps and Hats Market Breakdown, by Material

11.1.1.2.3 Germany: Caps and Hats Market Breakdown, by End User

11.1.1.2.4 Germany: Caps and Hats Market Breakdown, by Distribution Channel

11.1.1.3 UK: Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million)

11.1.1.3.1 UK: Caps and Hats Market Breakdown, by Type

11.1.1.3.2 UK: Caps and Hats Market Breakdown, by Material

11.1.1.3.3 UK: Caps and Hats Market Breakdown, by End User

11.1.1.3.4 UK: Caps and Hats Market Breakdown, by Distribution Channel

11.1.1.4 France: Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million)

11.1.1.4.1 France: Caps and Hats Market Breakdown, by Type

11.1.1.4.2 France: Caps and Hats Market Breakdown, by Material

11.1.1.4.3 France: Caps and Hats Market Breakdown, by End User

11.1.1.4.4 France: Caps and Hats Market Breakdown, by Distribution Channel

11.1.1.5 Italy: Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million)

11.1.1.5.1 Italy: Caps and Hats Market Breakdown, by Type

11.1.1.5.2 Italy: Caps and Hats Market Breakdown, by Material

11.1.1.5.3 Italy: Caps and Hats Market Breakdown, by End User

11.1.1.5.4 Italy: Caps and Hats Market Breakdown, by Distribution Channel

11.1.1.6 Russia: Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million)

11.1.1.6.1 Russia: Caps and Hats Market Breakdown, by Type

11.1.1.6.2 Russia: Caps and Hats Market Breakdown, by Material

11.1.1.6.3 Russia: Caps and Hats Market Breakdown, by End User

11.1.1.6.4 Russia: Caps and Hats Market Breakdown, by Distribution Channel

11.1.1.7 Rest of Europe: Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million)

11.1.1.7.1 Rest of Europe: Caps and Hats Market Breakdown, by Type

11.1.1.7.2 Rest of Europe: Caps and Hats Market Breakdown, by Material

11.1.1.7.3 Rest of Europe: Caps and Hats Market Breakdown, by End User

11.1.1.7.4 Rest of Europe: Caps and Hats Market Breakdown, by Distribution Channel

12. Competitive Landscape

12.1 Heat Map Analysis by Key Players

12.2 Company Positioning & Concentration

13. Company Profiles

13.1 Nike Inc

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Adidas AG

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 Under Armour Inc

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 H&M Hennes & Mauritz AB

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 New Era Cap

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 Puma SE

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 ADER

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 YUPOONG INC

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Levi Strauss & Co

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

13.10 Hooey
13.10.1 Key Facts 
13.10..2 Business Description 
13.10.3 Products and Services 
13.10.4 Financial Overview 
13.10.5 SWOT Analysis 
13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners

 

 

 

List of Tables

Table 1. Europe Caps and Hats Market Segmentation

Table 2. Europe Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million)

Table 3. Europe Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million) - by Type

Table 4. Europe Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million) - by Material

Table 5. Europe Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million) - by End User

Table 6. Europe Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million) - by Distribution Channel

Table 7. Europe: Caps and Hats Market - Revenue and Forecast to 2031(US$ Million) - by Country

Table 8. Germany: Caps and Hats Market - Revenue and Forecast to 2031(US$ Million) - by Type

Table 9. Germany: Caps and Hats Market - Revenue and Forecast to 2031(US$ Million) - by Material

Table 10. Germany: Caps and Hats Market - Revenue and Forecast to 2031(US$ Million) - by End User

Table 11. Germany: Caps and Hats Market - Revenue and Forecast to 2031(US$ Million) - by Distribution Channel

Table 12. UK: Caps and Hats Market - Revenue and Forecast to 2031(US$ Million) - by Type

Table 13. UK: Caps and Hats Market - Revenue and Forecast to 2031(US$ Million) - by Material

Table 14. UK: Caps and Hats Market - Revenue and Forecast to 2031(US$ Million) - by End User

Table 15. UK: Caps and Hats Market - Revenue and Forecast to 2031(US$ Million) - by Distribution Channel

Table 16. France: Caps and Hats Market - Revenue and Forecast to 2031(US$ Million) - by Type

Table 17. France: Caps and Hats Market - Revenue and Forecast to 2031(US$ Million) - by Material

Table 18. France: Caps and Hats Market - Revenue and Forecast to 2031(US$ Million) - by End User

Table 19. France: Caps and Hats Market - Revenue and Forecast to 2031(US$ Million) - by Distribution Channel

Table 20. Italy: Caps and Hats Market - Revenue and Forecast to 2031(US$ Million) - by Type

Table 21. Italy: Caps and Hats Market - Revenue and Forecast to 2031(US$ Million) - by Material

Table 22. Italy: Caps and Hats Market - Revenue and Forecast to 2031(US$ Million) - by End User

Table 23. Italy: Caps and Hats Market - Revenue and Forecast to 2031(US$ Million) - by Distribution Channel

Table 24. Russia: Caps and Hats Market - Revenue and Forecast to 2031(US$ Million) - by Type

Table 25. Russia: Caps and Hats Market - Revenue and Forecast to 2031(US$ Million) - by Material

Table 26. Russia: Caps and Hats Market - Revenue and Forecast to 2031(US$ Million) - by End User

Table 27. Russia: Caps and Hats Market - Revenue and Forecast to 2031(US$ Million) - by Distribution Channel

Table 28. Rest of Europe: Caps and Hats Market - Revenue and Forecast to 2031(US$ Million) - by Type

Table 29. Rest of Europe: Caps and Hats Market - Revenue and Forecast to 2031(US$ Million) - by Material

Table 30. Rest of Europe: Caps and Hats Market - Revenue and Forecast to 2031(US$ Million) - by End User

Table 31. Rest of Europe: Caps and Hats Market - Revenue and Forecast to 2031(US$ Million) - by Distribution Channel

 

List of Figures

Figure 1. Europe Caps and Hats Market Segmentation, by Country

Figure 2. Porter's Analysis

Figure 3. Ecosystem: Europe Caps and Hats Market

Figure 4. Europe Caps and Hats Market - Key Market Dynamics

Figure 5. Impact Analysis of Drivers and Restraints

Figure 6. Europe Caps and Hats Market Revenue (US$ Million), 2020-2031

Figure 7. Europe Caps and Hats Market Share (%) - by Type (2023 and 2031)

Figure 8. Caps: Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million)

Figure 9. Hats: Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million)

Figure 10. Europe Caps and Hats Market Share (%) - by Material (2023 and 2031)

Figure 11. Polyester: Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million)

Figure 12. Cotton: Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million)

Figure 13. Leather: Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million)

Figure 14. Blends: Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million)

Figure 15. Others: Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million)

Figure 16. Europe Caps and Hats Market Share (%) - by End User (2023 and 2031)

Figure 17. Men: Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million)

Figure 18. Women: Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million)

Figure 19. Unisex: Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million)

Figure 20. Kids: Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million)

Figure 21. Europe Caps and Hats Market Share (%) - by Distribution Channel (2023 and 2031)

Figure 22. Supermarket and Hypermarket: Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million)

Figure 23. Specialty Stores: Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million)

Figure 24. Online Retail: Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million)

Figure 25. Others: Caps and Hats Market - Revenue and Forecast to 2031 (US$ Million)

Figure 26. Europe: Caps and Hats Market Revenue, by Key Countries, (2023) (US$ Mn)

Figure 27. Europe: Caps and Hats Market Breakdown, by Key Countries, 2023 and 2031 (%)

Figure 28. Germany: Caps and Hats Market - Revenue and Forecast to 2031(US$ Million)

Figure 29. UK: Caps and Hats Market - Revenue and Forecast to 2031(US$ Million)

Figure 30. France: Caps and Hats Market - Revenue and Forecast to 2031(US$ Million)

Figure 31. Italy: Caps and Hats Market - Revenue and Forecast to 2031(US$ Million)

Figure 32. Russia: Caps and Hats Market - Revenue and Forecast to 2031(US$ Million)

Figure 33. Rest of Europe: Caps and Hats Market - Revenue and Forecast to 2031(US$ Million)

Figure 34. Heat Map Analysis by Key Players

Figure 35. Company Positioning & Concentration

 

  1. Nike Inc
  2. Adidas AG
  3. Under Armour Inc
  4. H&M Hennes & Mauritz AB
  5. New Era Cap
  6. Puma SE
  7. ADER
  8. YUPOONG INC
  9. Levi Strauss & Co
  10. Hooey
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe caps and hats market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the Europe caps and hats market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Europe caps and hats market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
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