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Apparel Global Market Report 2024

  • PDF Icon

    Report

  • 250 Pages
  • February 2024
  • Region: Global
  • The Business Research Company
  • ID: 5939571
The apparel market size has grown strongly in recent years. It will grow from $655.7 billion in 2023 to $703.11 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth observed in the historic period in the apparel industry can be attributed to several key factors. These include strong economic growth in emerging markets, an increase in foreign direct investments, growing demand for man-made fibers, and advancements in technology. These factors collectively contributed to the expansion and development of the apparel sector during the historical period.

The apparel market size is expected to see strong growth in the next few years. It will grow to $918.71 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The anticipated growth in the forecast period in the apparel industry can be attributed to various factors. These include the increasing penetration of social media, a rise in motorcycle sales, the growth of e-commerce, and a growing demand for sportswear and performance wear. Key trends in the forecast period include the use of blockchain technology for a reliable supply chain and intellectual property protection, the integration of artificial intelligence to predict trends in patterns, colors, and styles, a focus on recycling and upcycling to reduce wastage, leveraging the Internet of Things (IoT) for innovative products, and the integration of virtual reality (VR) and augmented reality (AR) technology for a more interactive shopping experience.

The apparel market is experiencing significant growth due to the increasing demand for online shopping. Manufacturers now have the opportunity to showcase and sell their products on a much broader scale through online platforms, expanding their customer base across different geographical locations. This expansion is particularly evident in countries such as India, where e-commerce portals have notably amplified sales of traditional garments. These platforms have enabled producers, previously limited to specific localities where the weaving community was concentrated, to reach a global audience.

The surge in e-commerce is anticipated to be a driving force behind the continued growth of the apparel market. E-commerce, the electronic trading of goods and services online, has transformed consumer shopping patterns, especially in the realm of clothing and fashion items. This shift in consumer behavior toward online platforms has resulted in a substantial increase in apparel purchases made online. For instance, as per a report from the International Trade Administration in 2021, a significant 82% of UK citizens engaged in at least one online purchase. Notably, the UK leads in online purchase prevalence compared to other countries, with consumer e-commerce accounting for 30% of the country's retail industry - exceeding $120 billion in annual revenue. Consequently, the burgeoning trend of e-commerce continues to be a key driver propelling the growth of the apparel manufacturing market.

Apparel manufacturing companies are strategically investing in computer-controlled embroidery systems, aiming to bolster efficiency and minimize operational expenses. These cutting-edge sewing-embroidery machines are integrated with computer-controlled mechanisms, specifically designed to streamline the embroidery process. Operating on pre-programmed digital patterns, these machines can automatically create intricate designs on fabric. Ranging from single needle systems requiring manual thread changing to multi-needle sewing-embroidery machines with multiple heads for automatic color changes, these systems offer diverse capabilities. They can produce an array of fabric effects, including chain stitch embroidery, sequins, appliqué, and cutwork, all guided by digital input. Furthermore, these machines facilitate functions such as design editing, digitized file creation, and real-time monitoring of the entire embroidery process. Notable companies at the forefront of providing such computerized embroidery solutions include Richpeace, ZojeDayu, Happy, Unix, and Damei.

Key players in the apparel market are actively pursuing advanced technologies, notably the adoption of virtual fitting room technology, to secure a competitive edge. Virtual fitting room technology revolutionizes the shopping experience by allowing customers to virtually try on clothing items or beauty products without physically handling the merchandise. For instance, Walmart Inc., a prominent US-based retail giant, unveiled the Zeekit dynamic virtual fitting room platform through its app and website in March 2022. The 'Choose My Model' feature on Walmart's platform offers customers a selection of 50 diverse models, varying in height from 5'2' to 6'0' and sizes ranging from XS to XXXL. This innovation empowers customers to pick a model closely matching their body shape, height, and skin tone, providing a realistic visualization of how a product will look on them before making a purchase.

Major companies operating in the apparel market report are NIKE, Inc., Adidas AG, PVH Corp., Christian Dior SE, Hanesbrands Inc., VF Corporation, Levi Strauss & Co., Kering S.A., Ralph Lauren Corporation, Samsung C&T Corporation, Aditya Birla Fashion and Retail Limited, Shanshan Group Co., United Arrows, Matsuoka Corp, Heilan Group, Youngor Group, Bosideng Corporation, Fujian Septwolves Industry Co. Ltd., Shimamura, Uniqlo, Nishimatsuya, Me & Mom, Allen Solly, Vipshop, Louis Philippe, Peter England, Van Heusen, Fabindia, Decathlon, Under Armour, H&M, Zara, Primark, Mark & Spencer, Next, MoroZoni, Depo, Lee, Colin's, Diesel, Wrangler, Rifle, Big Star, Mustang, Guess, Westland, Tommy Hilfiger, Gloria Jeans, LPP SA., Calvin Klein, Zumiez, Converse, Brooks Brothers, Hollister, Aeropostale, American Eagle Outfitters, Abercrombie & Fitch, Old Navy, GAP, Michael Kors, Coach, Gildan Activewear, Houpa, Chanel, Tee Spring, Inc., Azadea Group, Urban Outfitters, Al Bandar Trading Co, MANGO, Osman Jamjoom Group, Truworths Group.

Western Europe was the largest region in the apparel market in 2023. Asia-Pacific was the second largest region in the apparel market. The regions covered in the apparel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the apparel market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa. The apparel market consists of sales of formal wear, casual wear, sportswear, plant-based fiber and synthetic fiber, and others. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The primary categories of apparel are women's wear, men's wear, and kids' wear. Women's wear pertains to clothing designed for women, and it includes various types of fibers such as man-made fibers, cotton fibers, animal-based fibers, and vegetable-based fibers. Apparel is made available to consumers through different distribution channels, including retail stores and online platforms.

The apparel market research report is one of a series of new reports that provides apparel market statistics, including apparel industry global market size, regional shares, competitors with a apparel market share, detailed apparel market segments, market trends and opportunities, and any further data you may need to thrive in the apparel industry. This apparel market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Table of Contents

1. Executive Summary2. Apparel Market Characteristics
3. Apparel Product/Service Analysis -Product/Service Examples
3.1. Apparel Supply Chain Analysis
3.1.1. Apparel Resources
3.1.2. Apparel Manufacturers
3.1.3. Apparel Distributors and Retailers
3.1.4. Apparel End Users
3.2. Apparel Customer Information
4. Apparel Market Trends and Strategies
5. Apparel Market - Macro Economic Scenario
5.1. Impact of High Inflation on the Market
5.2. Ukraine-Russia War Impact on the Market
5.3. COVID-19 Impact on the Market
6. Global Apparel Market Size and Growth
6.1. Global Apparel Market Drivers and Restraints
6.1.1. Drivers of the Market
6.1.2. Restraints of the Market
6.2. Global Apparel Historic Market Size and Growth, 2018-2023, Value ($ Billion)
6.3. Global Apparel Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
7. Apparel Market Segmentation
7.1. Global Apparel Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Womens Wear
  • Mens Wear
  • Kids Wear
7.2. Global Apparel Market, Segmentation by Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Man-Made Fibers
  • Cotton Fibers
  • Animal Based Fibers
  • Vegetable Based Fibers
7.3. Global Apparel Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Retail Stores
  • Online Stores
8. Apparel Market Regional and Country Analysis
8.1. Global Apparel Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.2. Global Apparel Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. Asia-Pacific Apparel Market
9.1. Asia-Pacific Apparel Market Overview
Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
9.2. Asia-Pacific Apparel Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9.3. Asia-Pacific Apparel Market, Segmentation by Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9.4. Asia-Pacific Apparel Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10. China Apparel Market
10.1. China Apparel Market Overview
10.2. China Apparel Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10.3. China Apparel Market, Segmentation by Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10.4. China Apparel Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
11. India Apparel Market
11.1. India Apparel Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.2. India Apparel Market, Segmentation by Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. India Apparel Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Japan Apparel Market
12.1. Japan Apparel Market Overview
12.2. Japan Apparel Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Japan Apparel Market, Segmentation by Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.4. Japan Apparel Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Australia Apparel Market
13.1. Australia Apparel Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Australia Apparel Market, Segmentation by Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Australia Apparel Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. Indonesia Apparel Market
14.1. Indonesia Apparel Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.2. Indonesia Apparel Market, Segmentation by Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. Indonesia Apparel Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. South Korea Apparel Market
15.1. South Korea Apparel Market Overview
15.2. South Korea Apparel Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. South Korea Apparel Market, Segmentation by Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. South Korea Apparel Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. Bangladesh Apparel Market
16.1. Bangladesh, Apparel Historic Market, 2018-2023, $ Billion
16.2. Bangladesh, Apparel Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
17. Thailand Apparel Market
17.1. Thailand, Apparel Historic Market, 2018-2023, $ Billion
17.2. Thailand, Apparel Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
18. Vietnam Apparel Market
18.1. Vietnam, Apparel Historic Market, 2018-2023, $ Billion
18.2. Vietnam, Apparel Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
19. Malaysia Apparel Market
19.1. Malaysia, Apparel Historic Market, 2018-2023, $ Billion
19.2. Malaysia, Apparel Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
20. Singapore Apparel Market
20.1. Singapore, Apparel Historic Market, 2018-2023, $ Billion
20.2. Singapore, Apparel Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
21. Philippines Apparel Market
21.1. Philippines, Apparel Historic Market, 2018-2023, $ Billion
21.2. Philippines, Apparel Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
22. Hong kong Apparel Market
22.1. Hong Kong, Apparel Historic Market, 2018-2023, $ Billion
22.2. Hong Kong, Apparel Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
23. New Zealand Apparel Market
23.1. New Zealand, Apparel Historic Market, 2018-2023, $ Billion
23.2. New Zealand, Apparel Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
24. Western Europe Apparel Market
24.1. Western Europe Apparel Market Overview
24.2. Western Europe Apparel Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. Western Europe Apparel Market, Segmentation by Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. Western Europe Apparel Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. UK Apparel Market
25.1. UK Apparel Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.2. UK Apparel Market, Segmentation by Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. UK Apparel Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. Germany Apparel Market
26.1. Germany Apparel Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.2. Germany Apparel Market, Segmentation by Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. Germany Apparel Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. France Apparel Market
27.1. France Apparel Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. France Apparel Market, Segmentation by Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. France Apparel Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Italy Apparel Market
28.1. Italy Apparel Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.2. Italy Apparel Market, Segmentation by Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Italy Apparel Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Spain Apparel Market
29.1. Spain Apparel Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.2. Spain Apparel Market, Segmentation by Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Spain Apparel Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Austria Apparel Market
30.1. Austria, Apparel Historic Market, 2018-2023, $ Billion
30.2. Austria, Apparel Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
31. Belgium Apparel Market
31.1. Belgium, Apparel Historic Market, 2018-2023, $ Billion
31.2. Belgium, Apparel Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
32. Denmark Apparel Market
32.1. Denmark, Apparel Historic Market, 2018-2023, $ Billion
32.2. Denmark, Apparel Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
33. Finland Apparel Market
33.1. Finland, Apparel Historic Market, 2018-2023, $ Billion
33.2. Finland, Apparel Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
34. Ireland Apparel Market
34.1. Ireland, Apparel Historic Market, 2018-2023, $ Billion
34.2. Ireland, Apparel Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
35. Netherlands Apparel Market
35.1. Netherlands, Apparel Historic Market, 2018-2023, $ Billion
35.2. Netherlands, Apparel Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
36. Norway Apparel Market
36.1. Norway, Apparel Historic Market, 2018-2023, $ Billion
36.2. Norway, Apparel Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
37. Portugal Apparel Market
37.1. Portugal, Apparel Historic Market, 2018-2023, $ Billion
37.2. Portugal, Apparel Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
38. Sweden Apparel Market
38.1. Sweden, Apparel Historic Market, 2018-2023, $ Billion
38.2. Sweden, Apparel Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
39. Switzerland Apparel Market
39.1. Switzerland, Apparel Historic Market, 2018-2023, $ Billion
39.2. Switzerland, Apparel Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
40. Eastern Europe Apparel Market
40.1. Eastern Europe Apparel Market Overview
40.2. Eastern Europe Apparel Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
40.3. Eastern Europe Apparel Market, Segmentation by Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
40.4. Eastern Europe Apparel Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
41. Russia Apparel Market
41.1. Russia Apparel Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
41.2. Russia Apparel Market, Segmentation by Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
41.3. Russia Apparel Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
42. Czech Republic Apparel Market
42.1. Czech Republic, Apparel Historic Market, 2018-2023, $ Billion
42.2. Czech Republic, Apparel Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
43. Poland Apparel Market
43.1. Poland, Apparel Historic Market, 2018-2023, $ Billion
43.2. Poland, Apparel Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
44. Romania Apparel Market
44.1. Romania, Apparel Historic Market, 2018-2023, $ Billion
44.2. Romania, Apparel Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
45. Ukraine Apparel Market
45.1. Ukraine, Apparel Historic Market, 2018-2023, $ Billion
45.2. Ukraine, Apparel Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
46. North America Apparel Market
46.1. North America Apparel Market Overview
46.2. North America Apparel Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
46.3. North America Apparel Market, Segmentation by Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
46.4. North America Apparel Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
47. USA Apparel Market
47.1. USA Apparel Market Overview
47.2. USA Apparel Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
47.3. USA Apparel Market, Segmentation by Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
47.4. USA Apparel Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
48. Canada Apparel Market
48.1. Canada Apparel Market Overview
48.2. Canada Apparel Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
48.3. Canada Apparel Market, Segmentation by Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
48.4. Canada Apparel Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
49. Mexico Apparel Market
49.1. Mexico, Apparel Historic Market, 2018-2023, $ Billion
49.2. Mexico, Apparel Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
50. South America Apparel Market
50.1. South America Apparel Market Overview
50.2. South America Apparel Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
50.3. South America Apparel Market, Segmentation by Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
50.4. South America Apparel Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
51. Brazil Apparel Market
51.1. Brazil Apparel Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
51.2. Brazil Apparel Market, Segmentation by Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
51.3. Brazil Apparel Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
52. Chile Apparel Market
52.1. Chile, Apparel Historic Market, 2018-2023, $ Billion
52.2. Chile, Apparel Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
53. Argentina Apparel Market
53.1. Argentina, Apparel Historic Market, 2018-2023, $ Billion
53.2. Argentina, Apparel Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
54. Colombia Apparel Market
54.1. Colombia, Apparel Historic Market, 2018-2023, $ Billion
54.2. Colombia, Apparel Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
55. Peru Apparel Market
55.1. Peru, Apparel Historic Market, 2018-2023, $ Billion
55.2. Peru, Apparel Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
56. Middle East Apparel Market
56.1. Middle East Apparel Market Overview
56.2. Middle East Apparel Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
56.3. Middle East Apparel Market, Segmentation by Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
56.4. Middle East Apparel Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
57. Saudi Arabia Apparel Market
57.1. Saudi Arabia, Apparel Historic Market, 2018-2023, $ Billion
57.2. Saudi Arabia, Apparel Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
58. Israel Apparel Market
58.1. Israel, Apparel Historic Market, 2018-2023, $ Billion
58.2. Israel, Apparel Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
59. Iran Apparel Market
59.1. Iran, Apparel Historic Market, 2018-2023, $ Billion
59.2. Iran, Apparel Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
60. Turkey Apparel Market
60.1. Turkey, Apparel Historic Market, 2018-2023, $ Billion
60.2. Turkey, Apparel Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
61. United Arab Emirates Apparel Market
61.1. United Arab Emirates, Apparel Historic Market, 2018-2023, $ Billion
61.2. United Arab Emirates, Apparel Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
62. Africa Apparel Market
62.1. Africa Apparel Market Overview
62.2. Africa Apparel Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
62.3. Africa Apparel Market, Segmentation by Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
62.4. Africa Apparel Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
63. Egypt Apparel Market
63.1. Egypt, Apparel Historic Market, 2018-2023, $ Billion
63.2. Egypt, Apparel Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
64. Nigeria Apparel Market
64.1. Nigeria, Apparel Historic Market, 2018-2023, $ Billion
64.2. Nigeria, Apparel Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
65. South Africa Apparel Market
65.1. South Africa, Apparel Historic Market, 2018-2023, $ Billion
65.2. South Africa, Apparel Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
66. Apparel Market Competitive Landscape and Company Profiles
66.1. Apparel Market Competitive Landscape
66.2. Apparel Market Company Profiles
66.2.1. NIKE, Inc.
66.2.1.1. Overview
66.2.1.2. Products and Services
66.2.1.3. Strategy
66.2.1.4. Financial Performance
66.2.2. Adidas AG
66.2.2.1. Overview
66.2.2.2. Products and Services
66.2.2.3. Strategy
66.2.2.4. Financial Performance
66.2.3. PVH Corp.
66.2.3.1. Overview
66.2.3.2. Products and Services
66.2.3.3. Strategy
66.2.3.4. Financial Performance
66.2.4. Christian Dior SE
66.2.4.1. Overview
66.2.4.2. Products and Services
66.2.4.3. Strategy
66.2.4.4. Financial Performance
66.2.5. Hanesbrands Inc.
66.2.5.1. Overview
66.2.5.2. Products and Services
66.2.5.3. Strategy
66.2.5.4. Financial Performance
67. Apparel Market Other Major and Innovative Companies
67.1. VF Corporation
67.2. Levi Strauss & Co.
67.3. Kering S.A.
67.4. Ralph Lauren Corporation
67.5. Samsung C&T Corporation
67.6. Aditya Birla Fashion and Retail Limited
67.7. Shanshan Group Co.
67.8. United Arrows
67.9. Matsuoka Corp
67.10. Heilan Group
67.11. Youngor Group
67.12. Bosideng Corporation
67.13. Fujian Septwolves Industry Co. Ltd.
67.14. Shimamura
67.15. Uniqlo
68. Global Apparel Market Competitive Benchmarking69. Global Apparel Market Competitive Dashboard70. Key Mergers and Acquisitions in the Apparel Market
71. Apparel Market Future Outlook and Potential Analysis
71.1 Apparel Market in 2028 - Countries Offering Most New Opportunities
71.2 Apparel Market in 2028 - Segments Offering Most New Opportunities
71.3 Apparel Market in 2028 - Growth Strategies
71.3.1 Market Trend-based Strategies
71.3.2 Competitor Strategies
72. Appendix
72.1. Abbreviations
72.2. Currencies
72.3. Historic and Forecast Inflation Rates
72.4. Research Inquiries
72.5. About the Analyst
72.6. Copyright and Disclaimer

Executive Summary

Apparel Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on apparel market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for apparel? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Report Scope

Markets Covered:
1) By Type: Women's Wear; Men's Wear; Kids Wear
2) By Fiber: Man-Made Fibers; Cotton Fibers; Animal Based Fibers; Vegetable Based Fibers
3) By Distribution Channel: Offline Sales; Online Sales

Subsegments Covered: Dresses & Skirts; Women's Trousers; Blouses; Women's Jerseys, Sweatshirts & Pullovers; Women's Coats and Jackets; Women's Suits & Ensembles; Women's Blazers; Night & Underwear (Women & Girls); Women's T shirts & Scarlets; Women's Sports & Swimwear; Other Women's Wear; Men's Trousers; Men's Shirts; Men's Jerseys, Sweatshirts & Pullovers; Men's Coats and Jackets; Men's Blazers; Men's Suits; Night & Underwear( Men's and Boys); Men's T shirts & Scarlets; Men's Sports & Swimwear; Other Men's Wear; Infant and Toddler Clothes; Young Children Clothes

Key Companies Mentioned: NIKE, Inc.; Adidas AG; PVH Corp.; Christian Dior SE; Hanesbrands Inc.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes

Delivery Format: PDF, Word and Excel Data Dashboard

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • NIKE, Inc.
  • Adidas AG
  • PVH Corp.
  • Christian Dior SE
  • Hanesbrands Inc.
  • VF Corporation
  • Levi Strauss & Co.
  • Kering S.A.
  • Ralph Lauren Corporation
  • Samsung C&T Corporation
  • Aditya Birla Fashion and Retail Limited
  • Shanshan Group Co.
  • United Arrows
  • Matsuoka Corp
  • Heilan Group
  • Youngor Group
  • Bosideng Corporation
  • Fujian Septwolves Industry Co. Ltd.
  • Shimamura
  • Uniqlo
  • Nishimatsuya
  • Me & Mom
  • Allen Solly
  • Vipshop
  • Louis Philippe
  • Peter England
  • Van Heusen
  • Fabindia
  • Decathlon
  • Under Armour
  • H&M
  • Zara
  • Primark
  • Mark & Spencer
  • Next
  • MoroZoni
  • Depo
  • Lee
  • Colin's
  • Diesel
  • Wrangler
  • Rifle
  • Big Star
  • Mustang
  • Guess
  • Westland
  • Tommy Hilfiger
  • Gloria Jeans
  • LPP SA.
  • Calvin Klein
  • Zumiez
  • Converse
  • Brooks Brothers
  • Hollister
  • Aeropostale
  • American Eagle Outfitters
  • Abercrombie & Fitch
  • Old Navy
  • GAP
  • Michael Kors
  • Coach
  • Gildan Activewear
  • Houpa
  • Chanel
  • Tee Spring, Inc.
  • Azadea Group
  • Urban Outfitters
  • Al Bandar Trading Co
  • MANGO
  • Osman Jamjoom Group
  • Truworths Group

Methodology

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