The globaldown jacketmarket was valued at USD 166.87 Billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 4.2% between 2021 to 2028. The downjacket is lined with soft duck feathers and geese. These jackets are soft and help protect against the cold weather. These have several airbags and are good insulators. These airbags keep the air in them thus retaining heat inside. These jackets can keep you warm and wearing these jackets when it's too cold is really bad. The down jacket market is driven by factors such as disposable income and rising population changing trends.
Down jackets are composed of feathers and are not ideal for use when it is raining. When wet, the feathers of these jackets become sticky and lose their insulating properties. As a result, these jackets have to provide adequate warmth when it rains. These jackets also necessitate a particular cleaning method, which makes their upkeep rather costly. The market's expansion is hampered by a complicated cleansing process and its inadequacy in damp climates. Since the outbreak of the COVID-19, it has widely spread all over the world and has impacted many countries' economies, and caused huge losses in businesses. The men’s down jacket market is experiencing a negative growth due to supply chain disruptions, but also due to lowered demand.
The down jacket market is segmented on the basis of product type and gender. The product type segment is further bifurcated into a long coat and jacket. The jacket sector is holding the largest share and shows potential growth in future forecasts. The gender segment is divided into male-female and unisex. Based on these the unisex is having the largest share and potential growth for further forecasted years.
The major players for the down jacket market are Fjallraven Greenland, Arcâ€™teryx, Patagonia, REI Co-op.
Regionally, the market is segmented as Asia-Pacific, Europe, North America, the Middle East, and Africa, and Latin America. North America attained the highest share due to the presence of colder climates and the popularity of mountaineering in regions.