, /PRNewswire/ -- The global outdoor apparel market size is estimated to grow by from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 6.13% during the forecast period.
Product innovation leading to portfolio extensions and product premiumization is driving market growth, with a trend towards emergence of automation in textile industry. However, growing global proportion of geriatric population poses a challenge. Key market players include Adidas AG, Aigle International SA, ANTA Sports Products Ltd.
, ASICS Corp., Canadian Tire Corp. Ltd.
, Columbia Sportswear Co., Fenix Outdoor International AG, G III Apparel Group Ltd., Gokyo Outdoor Apparel and Lifestyles Pvt.
Ltd., Hanesbrands Inc., Newell Brands Inc.
, Nike Inc., Norrona Sport AS, Outdoor Research, Patagonia Inc., PUMA SE, Under Armour Inc.
, VF Corp., Boardriders, and Callaway Golf Co..
Get a detailed analysis on regions, market segments, customer landscape, and companies- The textile industry's transformation from manual processes to automation is a significant trend, with the adoption of automated machinery and software solutions becoming increasingly prevalent. Automation enhances productivity and ensures employee safety through integrated hardware and software systems, such as programmable logic controllers (PLC), programmable automation controllers (PAC), distributed control systems (DCS), American power conversion (APC), manufacturing execution systems (MES), and supervisory control and .