Readymade Garments Market Size Analysis Report - Market Share, Forecast Trends and Outlook (2025-2034)

The global readymade garments market size was valued at USD 1.11 trillion in 2024. The market is further projected to grow at a CAGR of 9.30% between 2025 and 2034, reaching a value of USD 2.70 trillion by 2034.

Key Trends and Developments

Growing fashion and clothing industry, rising demand for sportwear by fitness enthusiasts, and introduction of antiviral fabrics are increasing the readymade garments market value

Readymade Garments Market Trends

Research indicates that viruses and bacteria can remain active on textile surfaces for up to two days, making the introduction of antiviral fabric a significant advancement in ready-made garment market development. Garments treated with antiviral fabrics can significantly reduce the risk of transmission and contamination, thereby ensuring improved hygiene and safety for the wearers. Companies like Arvind and Raymond have launched readymade garments, shirting and suiting fabrics, and face masks using this technology, further emphasising the potential benefits of antiviral fabrics in readymade garments market. Furthermore, the easy availability of readymade garments on online platforms and the rising number of online shoppers have also significantly contributed to the ready-made garments market growth.

Additionally, factors such as low manufacturing costs, easy availability of raw materials, and government support have further propelled the market expansion. However, the readymade garment industry faces certain challenges, including issues with durability and quality in stitching, environmental impact of garment production, and the need to adapt to customer preferences and seasonal demand shifts. Despite these challenges, the demand for readymade garments is expected to continue growing and evolving in response to changing consumer demands and technological advancements.

Market Segmentation

"Global Readymade Garments Market Report and Forecast 2025-2034" offers a detailed analysis of the market based on the following segments:

Market Breakup by Product Type

• Outer Clothing
• Inner Clothing

Market Breakup by Application

• Formal Wear
• Sports Wear
• Casual Wear
• Safety Apparel
• Others

Market Breakup by Fabric Type

• Knit
• Woven
• Non - Woven

Market Breakup by Gender

• Men
• Women
• Kids

Market Breakup by Distribution Channel

• Supermarket and Hypermarket
• Independent Retail Stores
• Speciality Stores
• Online
• Others

Market Breakup by Region

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

Growing popularity of casual wear to bolster the growth of the readymade garments market

The formal wear segment witnessed a moderate growth in the historical period. Formal wear incorporates decency and professionalism in the outfit, therefore, witnessing an increased demand in the corporate sector.

Meanwhile, the casual wear segment is likely to account for a significant readymade garments market share over the forecast period owing to the growing preference for comfortable clothing options, especially after the COVID-19 outbreak and the prevalence of work-from-home culture.

Online channel holds a significant market share because many online websites offer attractive discount deals

Amongst the several distribution channels, online segment is anticipated to lead the readymade garments market in the forecast period due to the growing popularity of various e-commerce websites that provide several options along with attractive discounts. The cash on delivery option provided by the websites has proven to be convenient for consumers and is expected to further aid the segment’s growth.

Meanwhile, as per the readymade garments market report, the supermarket and hypermarket segment is expected to witness steady growth in future due to the rapid urbanisation and establishment of shopping malls, particularly in developing economies.

Readymade Garments Market Analysis, By Region

Asia-Pacific is one of the dominating regions due to region’s increasing population

The Asia-Pacific region is anticipated to hold a dominant position in the readymade garments market because of the rising disposable income, growing working population, rapid urbanisation, and the thriving fashion and clothing industry in the region. The improved living standards and the growing focus on appearance, especially in countries like Vietnam, India, and China, can bring ample opportunities for the market expansion in the region.

This market growth is further supported by the India’s robust export trade and government initiatives aimed at enhancing textile production, such as the Amended Technology Upgradation Fund Scheme (ATUFS) and the Advance Authorisation (AA) schemes, which focuses on strengthening and increasing the production of textile and apparel products, including readymade garments in the country.

Meanwhile, the readymade clothing industry in North America is growing at a steady rate due to the rise in demand for sportswear and the expansion of businesses. The presence of high-end or luxury fashion brands, such as Louis Vuitton, Nike Inc., and Benetton Group is also contributing to increase the region’s market share. Additionally, the emerging trend of garment manufacturing companies, such as Zara launching their own online shopping platforms is contributing to the easy availability of garments, including readymade clothing.

Competitive Landscape

The market players are producing garments using new and cutting-edge technologies to stay ahead in the competition, further increasing their presence by entering into international markets.

Other key players in the global readymade garments market report include VF Corporation, Hennes & Mauritz AB, Hanesbrands Inc., Under Armour, Inc, PVH Corporation, Aditya Birla Management Corporation Pvt. Ltd., Gap Inc, Jockey International Inc, and Benetton Group s.r.l, among others.