- Rising demand due to seasonal changes is boosting market growth
Given its substantial influence on consumer buying habits and preferences, seasonal demand is a key driver of the jacket market CAGR. In areas like the United States that have distinct seasons, this effect is most noticeable. Warm, insulated jackets are in high demand during the cooler months, which usually run from late fall to early spring. They consist of parkas, down jackets, and heavy-duty winter coats. Customers are prepared to spend money on high-quality, insulated jackets in order to protect themselves from the elements, including rain, snow, and cold.
Additionally, transitional jackets are in demand throughout the spring and autumnal transitions between winter and summer. These are adaptable, lightweight jackets that keep you comfortable in milder conditions. Raincoats, windbreakers, and lighter fleece jackets are examples of spring jackets. Furthermore, seasonal demand can differ dramatically between US locations. For instance, the northern states may have a longer time of lower jacket demand, whereas the southern states may have a stronger demand for winter coats. Seasons also influence fashion trends. New collections and styles are introduced by manufacturers and designers in line with the forthcoming season.
Moreover, sales of jackets experience a notable surge during the holiday season, which falls during winter in the US, as people buy winter apparel and gifts for their loved ones.
Similarly, a lot of outdoor pursuits are quite seasonal, including mountaineering, hiking, camping, skiing, and snowboarding. During particular seasons of the year, usually the colder or transitional ones, people usually participate in these kinds of activities. Outdoor activities are seasonal, which means there is a steady need for specialty jackets made to be comfortable and protective in a range of weather situations. Additionally, jackets for outdoor lovers need to be extremely useful as well as fashionable. Warmth, insulation, waterproofing, breathability, and durability are all necessary for their jackets.
In order to fulfill these functional criteria, jackets made specifically for outdoor use are created using cutting-edge materials and technology. Moreover, the demand for outdoor activities propels technological and design innovation in jackets. Companies keep spending money on R&D to make coats that function amazingly well in harsh environments. This includes elements like adjustable layers, strengthened seams, and textiles that drain away moisture. Thus, this is also driving the jackets market revenue.
The US jackets market appears to be experiencing a notable shift towards sustainable materials and innovative designs, reflecting a growing consumer preference for eco-friendly fashion choices.
U.S. Department of Commerce