Key Highlights
- The apparel retail industry is segmented into childrenswear, menswear, and womenswear. The market value represents retail sales.
- The Peruvian apparel retail industry recorded revenues of $6.1 billion in 2024, representing a negative compound annual growth rate (CAGR) of 1.4% between 2019 and 2024.
- The womenswear segment accounted for the industry's largest proportion in 2024, with total revenues of $2.9 billion, equivalent to 47.9% of the industry's overall value.
- In 2024, the Peruvian apparel industry grew by 5.0%, driven by the increase in real GDP growth. According to the Banco Central de Reserva del Peru (BCRP), in 2024, the real GDP growth in Peru increased by 3.2%. Increased real GDP growth in Peru has positively influenced the apparel retail industry by boosting consumer purchasing power and confidence.
Report Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the apparel retail market in Peru
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the apparel retail market in Peru
- Leading company profiles reveal details of key apparel retail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Peru apparel retail market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Peru apparel retail market by value in 2024?
- What will be the size of the Peru apparel retail market in 2029?
- What factors are affecting the strength of competition in the Peru apparel retail market?
- How has the market performed over the last five years?
- Who are the top competitors in Peru's apparel retail market?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Falabella SA
- Ripley Corp S.A.
- H & M Hennes & Mauritz AB
- Cencosud SA

