Middle East & Africa Caps and Hats Market Forecast to 2031

At 4.5% CAGR, Middle East & Africa Caps and Hats Market is Speculated to be Worth US$ 1,027.48 Million by 2031, says The Research Team

According toThe Research Team’ research, the Middle East & Africa caps and hats market was valued at US$ 722.33 million in 2023 and is expected to reach US$ 1,027.48 million by 2031, registering a CAGR of 4.5% from 2023 to 2031. Growth of fashion & apparel industry and focus on sustainable fabrics for caps and hats are among the critical factors attributed to drive the Middle East & Africa caps and hats market growth.

The global apparel industry is dynamic and constantly evolving with factors such as consumer demographics, economic trends, consumer buying behavior, and technological advancements. Consumers increasingly spend on apparel, footwear, and accessories to enhance their appearance with changing lifestyles. A consumer unit refers to a household consisting of two or more people who share the major expenses or are financially independent. Consumer spending on apparel and accessories also increases with a surging working population. According to the International Labor Organization (ILO), the number of employed people worldwide reached approximately 3.4 billion in 2023. With the surging number of working professionals, the emphasis on self-grooming is also increasing. The apparel & fashion industry is also significantly transforming with the changing retail landscape. The proliferating e-commerce industry, consumer preference for online shopping, and availability of various apparel and accessories of different brands at discounted prices are boosting apparel sales through online retail channels. Major manufacturers are also introducing direct-to-consumer (D2C) websites where consumers can access authentic products at affordable prices. For instance, companies like Adidas AG, Nike Inc, and Under Armor Inc have their own direct-retailing websites where consumers can shop authentic products, increasing customer satisfaction and brand loyalty.

Caps and hats are fashion accessories that enhance the overall look of the outfit and help individuals make a fashion statement. Caps and hats are no longer used just for protection from sun, wind, and extreme weather conditions; they are also utilized as styling elements to enhance the appearance. Various caps and hats are available for different occasions and seasons; for instance, sun hats are used explicitly in summer with beach outfits and swimsuits to elevate the overall look and protect from the sun. Consumers are trying different outfits and styling techniques, which drives the demand for various styling accessories, including caps and hats. Thus, the growth of the apparel & fashion industry drives the caps and hats market.

On the contrary, presence of unorganized market and counterfeit products hurdle the growth of Middle East & Africa caps and hats market.

Based on type, the Middle East & Africa caps and hats market is bifurcated into caps and hats. The caps segment held 90.6% market share in 2023, amassing US$ 654.30 million. It is projected to garner US$ 933.46 million by 2031 to register 4.5% CAGR during 2023-2031.

In terms of material, the Middle East & Africa caps and hats market is segmented into polyester, cotton, leather, blends, and others. The cotton segment held 34.3% share of Middle East & Africa caps and hats market in 2023, amassing US$ 247.72 million. It is anticipated to garner US$ 360.97 million by 2031 to expand at 4.8% CAGR during 2023-2031.

By end user, the Middle East & Africa caps and hats market is divided into conventional men, women, unisex, and kids. The men segment held 51.4% share of Middle East & Africa caps and hats market in 2023, amassing US$ 371.59 million. It is projected to garner US$ 518.25 million by 2031 to expand at 4.2% CAGR from 2023 to 2031.

Based on distribution channel, the Middle East & Africa caps and hats market is categorized into supermarket and hypermarket, specialty stores, online retail, and others. The specialty stores segment held 58.5% share of Middle East & Africa caps and hats market in 2023, amassing US$ 422.43 million. It is predicted to garner US$ 605.49 million by 2031 to expand at 4.6% CAGR between 2023 and 2031

Based on country, the Middle East & Africa caps and hats market is categorized into the UAE, South Africa, Saudi Arabia, and the Rest of Middle East & Africa. Our regional analysis states that the Rest of Middle East & Africa captured 61.2% share of Middle East & Africa caps and hats market in 2023. It was assessed at US$ 442.28 million in 2023 and is likely to hit US$ 604.40 million by 2031, registering a CAGR of 4.0% during 2023-2031.

Key players operating in the Middle East & Africa caps and hats market are Nike Inc, Adidas AG, Under Armour Inc, H&M Hennes & Mauritz AB, New Era Cap, Puma SE, ADER, YUPOONG INC, and Levi Strauss & Co, among others.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa caps and hats market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa caps and hats market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the Middle East & Africa caps and hats market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 The Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Market Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
3.4 Limitation and Assumptions
4. Middle East & Africa Caps and Hats Market Landscape
4.1 Market Overview
4.2 Porter’s Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers:
4.3.2 Manufacturers:
4.3.3 Retailers:
5. Middle East & Africa Caps and Hats Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growth of Fashion & Apparel Industry
5.1.2 Increasing Celebrity and Social Media Influence
5.2 Market Restraints
5.2.1 Presence of Unorganized Market and Counterfeit Products
5.3 Market Opportunities
5.3.1 Focus on Sustainable Fabrics for Caps and Hats
5.4 Future Trends
5.4.1 Popularity of Bucket Hats and Baseball Caps
5.5 Impact of Drivers and Restraints:
6. Caps and Hats Market – Middle East & Africa Market Analysis
6.1 Middle East & Africa Caps and Hats Market Revenue (US$ Million), 2020-2031
6.2 Middle East & Africa Caps and Hats Market Forecast Analysis
7. Middle East & Africa Caps and Hats Market Analysis – by Type
7.1 Caps
7.1.1 Overview
7.1.2 Caps: Caps and Hats Market – Revenue and Forecast to 2031 (US$ Million)
7.2 Hats
7.2.1 Overview
7.2.2 Hats: Caps and Hats Market – Revenue and Forecast to 2031 (US$ Million)
8. Middle East & Africa Caps and Hats Market Analysis – by Material
8.1 Polyester
8.1.1 Overview
8.1.2 Polyester: Caps and Hats Market – Revenue and Forecast to 2031 (US$ Million)
8.2 Cotton
8.2.1 Overview
8.2.2 Cotton: Caps and Hats Market – Revenue and Forecast to 2031 (US$ Million)
8.3 Leather
8.3.1 Overview
8.3.2 Leather: Caps and Hats Market – Revenue and Forecast to 2031 (US$ Million)
8.4 Blends
8.4.1 Overview
8.4.2 Blends: Caps and Hats Market – Revenue and Forecast to 2031 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Caps and Hats Market – Revenue and Forecast to 2031 (US$ Million)
9. Middle East & Africa Caps and Hats Market Analysis – by End User
9.1 Men
9.1.1 Overview
9.1.2 Men: Caps and Hats Market – Revenue and Forecast to 2031 (US$ Million)
9.2 Women
9.2.1 Overview
9.2.2 Women: Caps and Hats Market – Revenue and Forecast to 2031 (US$ Million)
9.3 Unisex
9.3.1 Overview
9.3.2 Unisex: Caps and Hats Market – Revenue and Forecast to 2031 (US$ Million)
9.4 Kids
9.4.1 Overview
9.4.2 Kids: Caps and Hats Market – Revenue and Forecast to 2031 (US$ Million)
10. Middle East & Africa Caps and Hats Market Analysis – by Distribution Channel
10.1 Supermarket and Hypermarket
10.1.1 Overview
10.1.2 Supermarket and Hypermarket: Caps and Hats Market – Revenue and Forecast to 2031 (US$ Million)
10.2 Specialty Stores
10.2.1 Overview
10.2.2 Specialty Stores: Caps and Hats Market – Revenue and Forecast to 2031 (US$ Million)
10.3 Online Retail
10.3.1 Overview
10.3.2 Online Retail: Caps and Hats Market – Revenue and Forecast to 2031 (US$ Million)
10.4 Others
10.4.1 Overview
10.4.2 Others: Caps and Hats Market – Revenue and Forecast to 2031 (US$ Million)
11. Middle East & Africa Caps and Hats Market – Country Analysis
11.1 Middle East & Africa
11.1.1 Middle East & Africa: Caps and Hats Market Breakdown, by Key Countries, 2023 and 2031 (%)
11.1.1.1 Middle East & Africa: Caps and Hats Market – Revenue and Forecast Analysis – by Country
11.1.1.2 Saudi Arabia: Caps and Hats Market – Revenue and Forecast to 2031 (US$ Million)
11.1.1.2.1 Saudi Arabia: Caps and Hats Market Breakdown, by Type
11.1.1.2.2 Saudi Arabia: Caps and Hats Market Breakdown, by Material
11.1.1.2.3 Saudi Arabia: Caps and Hats Market Breakdown, by End User
11.1.1.2.4 Saudi Arabia: Caps and Hats Market Breakdown, by Distribution Channel
11.1.1.3 United Arab Emirates: Caps and Hats Market – Revenue and Forecast to 2031 (US$ Million)
11.1.1.3.1 United Arab Emirates: Caps and Hats Market Breakdown, by Type
11.1.1.3.2 United Arab Emirates: Caps and Hats Market Breakdown, by Material
11.1.1.3.3 United Arab Emirates: Caps and Hats Market Breakdown, by End User
11.1.1.3.4 United Arab Emirates: Caps and Hats Market Breakdown, by Distribution Channel
11.1.1.4 South Africa: Caps and Hats Market – Revenue and Forecast to 2031 (US$ Million)
11.1.1.4.1 South Africa: Caps and Hats Market Breakdown, by Type
11.1.1.4.2 South Africa: Caps and Hats Market Breakdown, by Material
11.1.1.4.3 South Africa: Caps and Hats Market Breakdown, by End User
11.1.1.4.4 South Africa: Caps and Hats Market Breakdown, by Distribution Channel
11.1.1.5 Rest of Middle East & Africa: Caps and Hats Market – Revenue and Forecast to 2031 (US$ Million)
11.1.1.5.1 Rest of Middle East & Africa: Caps and Hats Market Breakdown, by Type
11.1.1.5.2 Rest of Middle East & Africa: Caps and Hats Market Breakdown, by Material
11.1.1.5.3 Rest of Middle East & Africa: Caps and Hats Market Breakdown, by End User
11.1.1.5.4 Rest of Middle East & Africa: Caps and Hats Market Breakdown, by Distribution Channel
12. Competitive Landscape
12.1 Heat Map Analysis by Key Players
12.2 Company Positioning & Concentration
13. Company Profiles
13.1 Nike Inc
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Adidas AG
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Under Armour Inc
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 H&M Hennes & Mauritz AB
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 New Era Cap
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Puma SE
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 ADER
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 YUPOONG INC
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Levi Strauss & Co
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Hooey
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Research Team

LIST OF TABLES

Table 1. Middle East & Africa Caps and Hats Market Segmentation
Table 2. Middle East & Africa Caps and Hats Market – Revenue and Forecast to 2031 (US$ Million)
Table 3. Middle East & Africa Caps and Hats Market – Revenue and Forecast to 2031 (US$ Million) – by Type
Table 4. Middle East & Africa Caps and Hats Market – Revenue and Forecast to 2031 (US$ Million) – by Material
Table 5. Middle East & Africa Caps and Hats Market – Revenue and Forecast to 2031 (US$ Million) – by End User
Table 6. Middle East & Africa Caps and Hats Market – Revenue and Forecast to 2031 (US$ Million) – by Distribution Channel
Table 7. Middle East & Africa: Caps and Hats Market – Revenue and Forecast to 2031(US$ Million) – by Country
Table 8. Saudi Arabia: Caps and Hats Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 9. Saudi Arabia: Caps and Hats Market – Revenue and Forecast to 2031(US$ Million) – by Material
Table 10. Saudi Arabia: Caps and Hats Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 11. Saudi Arabia: Caps and Hats Market – Revenue and Forecast to 2031(US$ Million) – by Distribution Channel
Table 12. United Arab Emirates: Caps and Hats Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 13. United Arab Emirates: Caps and Hats Market – Revenue and Forecast to 2031(US$ Million) – by Material
Table 14. United Arab Emirates: Caps and Hats Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 15. United Arab Emirates: Caps and Hats Market – Revenue and Forecast to 2031(US$ Million) – by Distribution Channel
Table 16. South Africa: Caps and Hats Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 17. South Africa: Caps and Hats Market – Revenue and Forecast to 2031(US$ Million) – by Material
Table 18. South Africa: Caps and Hats Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 19. South Africa: Caps and Hats Market – Revenue and Forecast to 2031(US$ Million) – by Distribution Channel
Table 20. Rest of Middle East & Africa: Caps and Hats Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 21. Rest of Middle East & Africa: Caps and Hats Market – Revenue and Forecast to 2031(US$ Million) – by Material
Table 22. Rest of Middle East & Africa: Caps and Hats Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 23. Rest of Middle East & Africa: Caps and Hats Market – Revenue and Forecast to 2031(US$ Million) – by Distribution Channel

LIST OF FIGURES

Figure 1. Middle East & Africa Caps and Hats Market Segmentation, by Country
Figure 2. Porter’s Analysis
Figure 3. Ecosystem: Middle East & Africa Caps and Hats Market
Figure 4. Middle East & Africa Caps and Hats Market – Key Market Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. Middle East & Africa Caps and Hats Market Revenue (US$ Million), 2020-2031
Figure 7. Middle East & Africa Caps and Hats Market Share (%) – by Type (2023 and 2031)
Figure 8. Caps: Caps and Hats Market – Revenue and Forecast to 2031 (US$ Million)
Figure 9. Hats: Caps and Hats Market – Revenue and Forecast to 2031 (US$ Million)
Figure 10. Middle East & Africa Caps and Hats Market Share (%) – by Material (2023 and 2031)
Figure 11. Polyester: Caps and Hats Market – Revenue and Forecast to 2031 (US$ Million)
Figure 12. Cotton: Caps and Hats Market – Revenue and Forecast to 2031 (US$ Million)
Figure 13. Leather: Caps and Hats Market – Revenue and Forecast to 2031 (US$ Million)
Figure 14. Blends: Caps and Hats Market – Revenue and Forecast to 2031 (US$ Million)
Figure 15. Others: Caps and Hats Market – Revenue and Forecast to 2031 (US$ Million)
Figure 16. Middle East & Africa Caps and Hats Market Share (%) – by End User (2023 and 2031)
Figure 17. Men: Caps and Hats Market – Revenue and Forecast to 2031 (US$ Million)
Figure 18. Women: Caps and Hats Market – Revenue and Forecast to 2031 (US$ Million)
Figure 19. Unisex: Caps and Hats Market – Revenue and Forecast to 2031 (US$ Million)
Figure 20. Kids: Caps and Hats Market – Revenue and Forecast to 2031 (US$ Million)
Figure 21. Middle East & Africa Caps and Hats Market Share (%) – by Distribution Channel (2023 and 2031)
Figure 22. Supermarket and Hypermarket: Caps and Hats Market – Revenue and Forecast to 2031 (US$ Million)
Figure 23. Specialty Stores: Caps and Hats Market – Revenue and Forecast to 2031 (US$ Million)
Figure 24. Online Retail: Caps and Hats Market – Revenue and Forecast to 2031 (US$ Million)
Figure 25. Others: Caps and Hats Market – Revenue and Forecast to 2031 (US$ Million)
Figure 26. Middle East & Africa: Caps and Hats Market Revenue, by Key Countries, (2023) (US$ Mn)
Figure 27. Middle East & Africa: Caps and Hats Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 28. Saudi Arabia: Caps and Hats Market – Revenue and Forecast to 2031(US$ Million)
Figure 29. United Arab Emirates: Caps and Hats Market – Revenue and Forecast to 2031(US$ Million)
Figure 30. South Africa: Caps and Hats Market – Revenue and Forecast to 2031(US$ Million)
Figure 31. Rest of Middle East & Africa: Caps and Hats Market – Revenue and Forecast to 2031(US$ Million)
Figure 32. Heat Map Analysis by Key Players
Figure 33. Company Positioning & Concentration