Names of cowboy hat shapes8/8/2023 Consider the consumer’s face shapeīusinesses must consider the face shape of their target consumers before stocking up on cowboy hats. 3 factors to consider before buying cowboy hats in 2023 1. Interestingly, Asia-Pacific emerged as one of the fastest expanding markets in western wear. In addition, the global western wear market owes its huge potential to the rising consumer disposable income, increasing fashion consciousness, and the growth of the e-retail industry.Īlthough western wear started as a metropolitan trend, rapid globalization and increased brand awareness helped push the style across all regions. They also estimate it will expand at a speedy compound annual growth rate (CAGR) of 5.37% over the forecast period. ![]() However, experts predict the market will expand to US $136.8 billion by 2031. ![]() The global western wear market hit a total value of US $74.4 billion in 2020. ![]() Overview of the global western wear marketģ factors to consider before buying cowboy hats in 2023įinal words Overview of the global western wear market It also highlights five trends businesses can invest in for high returns in 2023. However, purchasing this stylish headwear requires some research due to multiple styles flooding the market.įortunately, this article explores three considerations for businesses diving into the cowboy hat market. Western fashion never seems to go out of style and continues to take over catwalks, with cowboy hats leading the charge.
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