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Canada - Hats And Other Headgear - Market Analysis, Forecast, Size, Trends and Insights
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Canada: Hat And Headgear Market Overview 2021

Hat And Headgear Market Size in Canada

The Canadian hat and headgear market was finally on the rise to reach $X in 2019, after two years of decline. In general, consumption posted a slight expansion. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2019, consumption stood at a somewhat lower figure.

Hat And Headgear Production in Canada

In value terms, hat and headgear production soared to $X in 2019 estimated in export prices. Overall, production continues to indicate a relatively flat trend pattern. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2019, production remained at a lower figure.

Hat And Headgear Exports

Exports from Canada

Hat and headgear exports from Canada skyrocketed to X units in 2019, jumping by X% compared with the previous year's figure. Overall, exports saw a mild increase. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. Over the period under review, exports attained the maximum at X units in 2008; however, from 2009 to 2019, exports stood at a somewhat lower figure.

In value terms, hat and headgear exports rose significantly to $X in 2019. Over the period under review, exports continue to indicate a mild curtailment. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Exports peaked at $X in 2008; however, from 2009 to 2019, exports failed to regain the momentum.

Exports by Country

The U.S. (X units) was the main destination for hat and headgear exports from Canada, accounting for a X% share of total exports. It was followed by China (X units), with a X% share of total exports. Mexico (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to the U.S. totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+X% per year) and Mexico (+X% per year).

In value terms, the U.S. ($X) remains the key foreign market for hat and headgear exports from Canada, comprising X% of total exports. The second position in the ranking was occupied by the UK ($X), with a X% share of total exports. It was followed by China, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to the U.S. totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+X% per year) and China (+X% per year).

Export Prices by Country

In 2019, the average hat and headgear export price amounted to $X per unit, shrinking by -X% against the previous year. Over the period under review, the export price continues to indicate a perceptible downturn. The pace of growth was the most pronounced in 2012 when the average export price increased by X% y-o-y. Over the period under review, average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2019, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per unit), while the average price for exports to Mexico ($X per unit) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced a decline.

Hat And Headgear Imports

Imports into Canada

In 2019, after two years of growth, there was significant decline in purchases abroad of hats and other headgear, when their volume decreased by -X% to X units. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2018, and then reduced markedly in the following year.

In value terms, hat and headgear imports reduced to $X in 2019. Overall, total imports indicated a notable increase from 2007 to 2019: its value decreased at an average annual rate of -X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at $X in 2018, and then dropped in the following year.

Imports by Country

In 2019, China (X units) constituted the largest supplier of hat and headgear to Canada, accounting for a X% share of total imports. Moreover, hat and headgear imports from China exceeded the figures recorded by the second-largest supplier, the U.S. (X units), twofold. The third position in this ranking was occupied by Hong Kong SAR (X units), with a X% share.

From 2007 to 2019, the average annual growth rate of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (-X% per year) and Hong Kong SAR (-X% per year).

In value terms, China ($X), the U.S. ($X) and Viet Nam ($X) constituted the largest hat and headgear suppliers to Canada, together comprising X% of total imports.

In terms of the main suppliers, Viet Nam recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average hat and headgear import price stood at $X per unit in 2019, picking up by X% against the previous year. Overall, the import price enjoyed a measured expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% y-o-y. As a result, import price reached the peak level of $X per unit. From 2017 to 2019, the growth in terms of the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Viet Nam ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Viet Nam, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hats and other headgear in the world?
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The countries with the highest volumes of hat and headgear consumption in 2019 were China (621M units), the U.S. (411M units) and India (252M units), with a combined 33% share of global consumption. These countries were followed by Japan, Indonesia, Pakistan, Brazil, Nigeria, Mexico, Bangladesh, the UK and Germany, which together accounted for a further 21%.
What are the largest producers of hats and other headgear in the world?
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The country with the largest volume of hat and headgear production was China (2B units), accounting for 51% of total volume. Moreover, hat and headgear production in China exceeded the figures recorded by the second-largest producer, India (236M units), ninefold. The third position in this ranking was occupied by Bangladesh (113M units), with a 2.8% share.
What are the leading suppliers of hats and other headgear to Canada?
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In value terms, the largest hat and headgear suppliers to Canada were China ($94M), the U.S. ($69M) and Viet Nam ($8.7M), together comprising 89% of total imports.
What are the leading importers of hats and other headgear from Canada?
+
In value terms, the U.S. ($29M) remains the key foreign market for hat and headgear exports from Canada, comprising 80% of total exports. The second position in the ranking was occupied by the UK ($2.6M), with a 7.3% share of total exports. It was followed by China, with a 2% share.
What is the average export price for hats and other headgear in Canada?
+
The average hat and headgear export price stood at $3.2 per unit in 2019, which is down by -7.4% against the previous year.
What is the average import price for hats and other headgear in Canada?
+
The average hat and headgear import price stood at $5.4 per unit in 2019, picking up by 9.2% against the previous year.

Product coverage:
• Prodcom 14194230 - Felt hats and other felt headgear, made from hat bodies or hoods and plateaux
• Prodcom 14194250 - Hats and other headgear, plaited or made by assembling strips of any material
• Prodcom 14194270 - Hats and other headgear, knitted or crocheted or made-up from lace, felt or other textile fabric in the piece (but not in strips), hair-nets of any material
• Prodcom 14194300 - Other headgear (except headgear of rubber or of plastics, s afety headgear and asbestos headgear), headbands, l inings, covers, hat foundations, hat frames, peaks and chinstraps, for headgear

This report provides an in-depth analysis of the hat and headgear market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Canada

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Canada
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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