The global women apparel market size reached US$ 1,002.0 billion in 2023. The market is projected to reach US$ 1,356.2 billion by 2032, exhibiting a growth rate (CAGR) of 3.4% during 2023-2032. The rising influence of social media, advent of sustainable women apparel, and easy availability represent some of the key factors driving the market.
Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
2. What is the expected growth rate of the global women apparel market during 2024-2032?
3. What are the key factors driving the global women apparel market?
4. What has been the impact of COVID-19 on the global women apparel market?
5. What is the breakup of the global women apparel market based on the product type?
6. What is the breakup of the global women apparel market based on the season?
7. What is the breakup of the global women apparel market based on distribution channel?
8. What are the key regions in the global women apparel market?
9. Who are the key players/companies in the global women apparel market?
- Changing Fashion and Aesthetic Trends Augmenting Market Growth
Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
- What is Women apparel?
COVID-19 Impact:
The COVID-19 pandemic outbreak has caused a significant impact on the women apparel industry and imposed unprecedented challenges on numerous countries. As the virus spread globally, many countries-imposed lockdown and social distancing measures, which led to a decline in consumer spending. This directly impacted the apparel industry, with several retailers and manufacturers experiencing reduced sales and profits. It also created a severe disturbance in the supply chain with many factories and production facilities forced to shut down or operate at reduced capacity due to safety concerns. This disrupted the flow of goods and caused delays in shipments resulting in a shortage of inventory for retailers. In addition, with people working from home, there was a shift in demand for clothing with improved comfort and casual wear. This led to a decline in sales of formal wear and occasion wear.Women Apparel Market Trends
There is an increase in consumer preferences for premium-quality women apparel, such as Indo-western clothes, jogger style jeans, and formal and informal clothes, which are available in innovative designs and trendy styles. This, coupled with the rising consciousness among individuals about their physical appearances, represents one of the major factors bolstering the market growth around the world. Moreover, product manufacturers are introducing environmentally sustainable women apparel manufactured using recyclable cloth materials and other novel variants to meet the requirement of consumers with sensitive skins to expand their consumer base. They are also focusing on financing various promotional activities like celebrity and social media influencer endorsements to improve their existing sales and profitability. In addition, rapid urbanization, busy lifestyles, and expanding purchasing power of consumers are driving the sales of women apparel through online retail channels that offer easy availability, convenience, vast product catalogs, discounted deals, and numerous payment methods. Apart from this, the growing trend of visual merchandising and fashion rental services is creating a positive outlook for the market. Furthermore, the increasing adoption of 3D knitting machines and rising collaboration between brands are strengthening the growth of the market.Key Market Segmentation:
The report provides an analysis of the key trends in each sub-segment of the global women apparel market report, along with forecasts at the global, regional and country level from 2023-2032. The report has categorized the market based on product type, season and distribution channel.Product Type Insights:
- Tops and Dresses
- Bottom Wear
- Innerwear and Sleepwear
- Coats, Jackets and Suits
- Ethnic Wear
- Others
Season Insights:
- Summer Wear
- Winter Wear
- All Season Wear
Distribution Channel Insights:
- Supermarkets and Hypermarkets
- Exclusive Stores
- Multi-Brand Retail Outlets
- Online Stores
- Others
Regional Insights:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape
The report has also provided a comprehensive analysis of the competitive landscape in the global women apparel market. Some of the companies covered in the report include:- Adidas AG
- Burberry Group Plc
- Dolce & Gabbana
- Forever21
- Giorgio Armani S.p.A
- Industria de Diseño Textil, S.A.
- Kering
- L Brands Inc.
- LVMH
- PVH Corp.
- Prada S.p.A.
- Uniqlo Co. Ltd. (Fast Retailing Co. Ltd.)
Key Questions Answered in This Report
1. What was the size of the global women apparel market in 2023?2. What is the expected growth rate of the global women apparel market during 2024-2032?
3. What are the key factors driving the global women apparel market?
4. What has been the impact of COVID-19 on the global women apparel market?
5. What is the breakup of the global women apparel market based on the product type?
6. What is the breakup of the global women apparel market based on the season?
7. What is the breakup of the global women apparel market based on distribution channel?
8. What are the key regions in the global women apparel market?
9. Who are the key players/companies in the global women apparel market?
Table of Contents
1 Preface3 Executive Summary11 Value Chain Analysis13 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Women Apparel Market
6 Market Breakup by Product Type
7 Market Breakup by Season
8 Market Breakup by Distribution Channel
9 Market Breakup by Region
10 SWOT Analysis
12 Porters Five Forces Analysis
14 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Adidas AG
- Burberry Group Plc
- Dolce & Gabbana
- Forever21
- Giorgio Armani S.p.A.
- Industria de Diseño Textil S.A.
- Kering
- L Brands Inc.
- LVMH
- PVH Corp.
- Prada S.p.A. and Uniqlo Co. Ltd. (Fast Retailing Co. Ltd.)
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 144 |
Published | January 2024 |
Forecast Period | 2023 - 2032 |
Estimated Market Value ( USD | $ 1 Trillion |
Forecasted Market Value ( USD | $ 1.35 Trillion |
Compound Annual Growth Rate | 3.4% |
Regions Covered | Global |
No. of Companies Mentioned | 11 |