Heated apparel is an industry that has been growing steadily year after year. The industry has been able to meet the demand of people who are looking for ways to stay warm and comfortable in extreme weather conditions. In this blog post, we'll be discussing the latest industry news and trends in heated apparel.
Growth of the Industry
The heated apparel industry has seen significant growth in recent years. According to a report by Grand View Research, the global heated clothing market size was valued at $2.7 billion in 2019, and is expected to grow at a compound annual growth rate (CAGR) of 6.4% from 2020 to 2027. The report attributes this growth to an increase in outdoor recreational activities, demand for technologically advanced products, and rising awareness about the benefits of heated apparel.
Advancements in Technology
One of the biggest trends in the heated apparel industry is the advancements in technology. Companies are now able to create garments that are more efficient and effective at keeping people warm. For example, some companies have introduced heated jackets that be controlled via a smartphone app the wearer adjust the temperature of the jacket based their needs.
Another advancement in technology is the use of carbon fiber heating elements. These elements are more durable and efficient than traditional wire heating elements, and they also have a longer lifespan. This technology has allowed companies to create thinner and more lightweight heated apparel that is more comfortable to wear.
Another trend in the heated apparel industry is the focus on sustainability. People are becoming more aware of the impact that their purchases have on the environment, and companies are starting to respond to this demand. Some companies are now using recycled materials to create their heated apparel, while others are using energy-efficient heating elements to reduce their carbon footprint.
New Players in the Market
The heated apparel industry is also seeing an influx of new players. Traditional outdoor apparel companies are starting to introduce heated apparel into their product lines, while new startups are emerging with innovative new products. This competition is driving innovation and pushing companies to create better products.
Challenges Facing the Industry
While the heated apparel industry is seeing significant growth, there are still challenges facing the industry. One of the biggest challenges is the high cost of these products. Many people are unable to afford the high price tags associated with heated apparel, which limits the market for these products.
Another challenge facing the industry is the lack of standardization. There are no standards testing rating heated apparel, which makes it difficult for consumers to compare products and make informed purchasing decisions.
The heated apparel industry is an exciting and growing market. With advancements in technology, a focus on sustainability, and an influx of new players, the industry is poised for continued growth in the years to come. However, challenges such as high costs and lack of standardization will need to be addressed in order for the industry to reach its full potential.