The heated jacket market is warming up! Estimated at a value of US$ 271.98 million in 2023, the market is expected to heat up to US$ 600 million by 2033, with a projected growth rate of 8.2% annually. This surge in popularity is being fueled by major winter wear players who are bringing fresh innovation to the table.
Heated Jacket Market: Warming Up with Innovation
The heated jacket market is feeling the heat – in a good way! Future Market Insights predicts a sizzling growth rate of 8.2% CAGR from 2023 to 2033, fueled by a combination of industry trends and exciting new features.
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What’s Hot?
- Tech-Savvy Threads: Get ready for a “microclimate” just for you! Companies like Ministry of Supply are introducing self-heating smart jackets that adjust to temperature changes.
- Comfy and Cozy: No more sacrificing style for warmth. Manufacturers are designing heated jackets that are both fashionable and functional.
- Polyester Power: A new wave of heated jackets features polyester thermal lining for superior heat absorption, keeping you extra toasty.
- Winter Wonderland: Sales are soaring among winter sports enthusiasts who love skiing, snowboarding, and mountain climbing.
- Global Glow: The market is expanding beyond North America, with East and South Asia experiencing a surge in interest for cold-weather activities.
- E-commerce Boom: Looking for a heated jacket? Head to online retailers like Home Depot and Amazon for a wide selection.
Challenges Ahead?
- Price Tag: Heated jackets can be a bit on the expensive side, limiting accessibility for some consumers.
- Heating Up the Competition: With more manufacturers entering the market, competition is fierce, which could affect pricing.
The Future Forecast
Despite these hurdles, the future looks bright for heated jackets. As e-commerce continues to grow in emerging economies and consumers seek comfortable, stylish warmth for work or play, the heated jacket market is poised to keep climbing the temperature gauge.
The heated jacket market is also extending its reach beyond traditional outdoor enthusiasts. Urban dwellers are embracing heated jackets as versatile fashion statements, blurring the lines between utility and style. As a result, collaborations with renowned fashion brands are emerging, introducing heated jackets to a wider audience.
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Key Takeaways from the Worldwide Heated Jacket Market
- Anticipated is a 7.9% CAGR rise in heated jacket sales in China by 2023.
- The United Kingdom is projected to surge at a CAGR of 8% in the next ten years.
- A significant chunk of the global market share, around 8.3%, is foreseen for large heated jackets.
“In the heated jacket market, innovation is kindling warmth, as nanotechnology-infused fabrics deliver discreet and efficient heating, redefining winter comfort for a generation seeking both style and coziness”, remarks an analyst at FMI.
How Key Players are revolutionizing the Global Heated Jacket Market?
Key players are spearheading a revolution in the heated jacket market by blending fashion with technology, creating a seamless harmony of style and comfort. These industry leaders are redefining cold-weather wear by integrating advanced heating elements that provide customizable warmth.
Wireless controls, extended battery life, and sleek designs are setting new standards, appealing to outdoor enthusiasts and urban dwellers alike. Moreover, eco-conscious options are emerging, displaying a commitment to sustainable practices. Through relentless innovation, key players are transforming the Heated Jacket market, offering a fusion of fashion-forward thinking and cutting-edge heating technology that elevates winter clothing to unprecedented levels of functionality and allure.
Key Players:
- Ororo
- Robert Bosch Tool Corporation
- Dewalt
- CLIMIX
- Paul Hamilton
- Venture Heated Clothing
- Milwaukee
- Heated Wear Gerbing Gyde
- Makita
- Stanley Black & Decker, Inc.
- Blaze Wear
- H2C Brands, LLC
- Duralogic USA LLC
Product Portfolio
- Showcasing an innovative line of heated apparel, Ororo combines style and functionality to keep users warm in diverse settings. Their product portfolio includes heated jackets, vests, and hoodies, leveraging cutting-edge technology for comfortable outdoor experiences.
- Robert Bosch Tool Corporation offers a comprehensive range of power tools and accessories designed for precision and efficiency. From drills to saws, their product lineup caters to professionals and DIY enthusiasts, providing reliable tools for various applications.
- Dewalt excels in providing rugged, high-performance tools for construction and woodworking. Their product portfolio features cordless drills, circular saws, and more, designed to withstand demanding work environments while delivering exceptional results.
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Market Segmentation
By End User:
- Heated Jackets for Men
- Heated Jackets for Women
By Power Type:
- Below 5 Volt Heated Jackets
- 5-7 Volt Heated Jackets
- 7-20 Volt Heated Jackets
By Size:
- Small Heated Jackets
- Medium Heated Jackets
- Large Heated Jackets
- XL Heated Jackets
- 2XL Heated Jackets
By Application:
- Leisure Heated Jackets
- Industrial/ Construction Heated Jackets
- DIY Heated Jackets
- Other Applications
By Sales Channel:
- Wholesalers/Distributors
- Hypermarkets/Supermarkets
- Multi-brand Stores
- Exclusive Stores
- Independent Small Stores
- Online Retailers
- Other Sales Channels
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- South Asia and Pacific
- East Asia
- Middle East & Africa
Author
Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.
Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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