DUBLIN--(BUSINESS WIRE)--The "Global Merinos Wool Outdoor Wear Market - Forecast (2022-2027)" report has been added to ResearchAndMarkets.com's offering.
The global merinos wool outdoor wear market size is $458.14 million in 2021, registering a CAGR of -1.33% during the forecast period 2022-2027.
Merino wool is regarded as wonder wool owing to its high level of comfort and multiple benefits. Though most people use woolen clothing only in the winter, merino wool clothing may be worn all year. Merino wool is a good choice if the customer wants to be warm in the winter and cool in the summer.
Merino wool is suitable for anyone who wants to experience the benefits of conventional wool without the smell or discomfort. It has moisture control and breathability properties. Merino wool fabrics are more breathable and better at wicking moisture away from the skin and into the clothes.
The tenacity or endurance of merino wool is one of its most notable features. Australia and New Zealand produce a major share of merino wool which is equal to 80%. Merino wool outdoor wear is effectively being used in skiing applications owing to its ability to regulate body temperature in all weather conditions and resist odors, which is one of the major factors that are set to drive the growth of the Merinos Wool Outdoor Wear Market for the period 2022-2027.
Global Merinos Wool Outdoor Wear Market Report Coverage
The report: "Global Merinos Wool Outdoor Wear Market - Forecast (2022-2027)" covers an in-depth analysis of the following segments of the Global Merinos Wool Outdoor Wear industry.
- By Type: Long Sleeve T-Shirt, Short Sleeve T-Shirt, Socks, Underwear, Bottom Wear, and Others.
- By Layer: Base Layer (Layer 1, Mid-Layer (Layer 2) and Outer Layer (Layer 3)) .
- By Wool Type: 100% Wool and Mixed Wool.
- By User: Occasional, Regular, and Intensive.
- By Application: Hiking, Trekking, Winter Sports, Cycling, Skiing, and Other Sports.
- By Gender: Man and Woman.
- By Geography: North America (U.S., Canada, Mexico), Europe (Germany, United Kingdom (U.K.), France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, and New Zealand, and Rest of Asia Pacific), and Rest of the World (Middle East, South America, and Africa).
Global Merinos Wool Outdoor Wear Market Drivers
Growing Advancements In The Wool Industry Aid In Market Growth:
The demand for Merinos Wool Outdoor Wear is growing owing to the advancements in measurement techniques and breeding for superior quality wool. The advancement in both of these areas has significantly boosted the attraction of wool and its acceptability in an increasing range of product categories. Merino wool is highly demanded among consumers opting for skiing sports owing to its premium quality, sustainability, and warm nature. So, manufacturers are focusing more interest to invent products that are made with merino wool. Thus, the demand for the wool industry rises as consumers are attracted to the products made with merino wool.
The Rising Adoption Of Short Sleeve T-Shirts Made Of Merino Wool Is Boosting The Market Growth
The demand for merino wool short sleeve t-shirts is growing owing to their superior softness and quality when compared to regular wool, cotton, and synthetic fabrics. During winter, the merino wool fibers in the t-shirt help condense moisture vapors and evaporate them outside the fabric, thereby providing a cooling effect. Besides, merino wool can withstand temperatures ranging from -20 C to +35 C, making them ideal to be worn for outdoor activities during both summers as well as winter conditions and to make the t-shirt last longer without changing its original size, thereby maintaining user comfort, which is driving the growth of the Merinos Wool Outdoor Wear Market.
Global Merinos Wool Outdoor Wear Market Challenge
Decrease In The Production Of Merino Wool Is Hindering The Market Growth:
Severe restriction permanently reduces adult wool production owing to reduced follicle numbers, and is associated with reduced body size and skin area. It has also been observed that adult wool production is less in sheep born and reared as twins than in single born lambs, and in sheep born to young ewes than in the progeny of mature ewes.
Global Merinos Wool Outdoor Wear Industry Outlook:
Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Global Merinos Wool Outdoor Wear Market.
The top 10 companies are:
- VF Corporation
- Allbirds, Inc.
- Darn Tough
- Nester Hosiery
- Woolmark Company
- Mons Royale
- Wool & Prince
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