Global Apparel Retail industry profile provides top-line qualitative and quantitative summary information including: industry size (value, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the industry.
Key Highlights
- The apparel retail market is segmented into childrenswear, menswear, and womenswear. The market value represents retail sales.
- Childrenswear includes all clothing designed for children between the ages of 0-15, such as baby clothing, boys’ casualwear, boys’ schoolwear, boys’ underwear (vests, underpants, socks) and nightwear, boys’ formalwear-occasion, boys’ outerwear including regional or national attire, girls’ casualwear, girls’ schoolwear, girls’ underwear (knickers, bras, vests, socks and tights) and nightwear, girls’ formalwear-occasion, girls’ outerwear including regional and national attire, such as saris, and toddler clothing. It also includes all sportswear, and fancy dress.
- Menswear includes all clothing types designed for men, such as business suits, shirts, T-shirts, trousers/pants (including casual slacks/chinos), jeans, shorts, jackets/blazers, coats, vests, jumpers, sweatshirts/hoodies, pullovers, jerseys, cardigans, men‘s underwear (including vests, underpants, socks), men‘s nightwear, and other men‘s outerwear including regional or national attire. It also includes all sportswear, workwear (such as overalls), and fancy dress.
- Womenswear includes all clothing types designed for women, such as dresses, jackets/blazers, coats, jumpers, shrugs/cardigans, sweatshirts/hoodies, jerseys, jeans, leggings/jeggings, shirts, T-shirts, blouses, shorts, trousers/pants, skirts, business suits, tops, vests, camis, tanks, women‘s underwear, tunics, women‘s nightwear, and other women‘s outerwear including regional and national attire, such as saris. It also includes all sportswear, workwear (such as overalls), and fancy dress.
- All market data and forecasts are adjusted for inflation and all currency conversions used in the creation of this report have been calculated using yearly annual average exchange rates.
- The global apparel retail industry recorded revenues of $1.55 trillion in 2023, representing a compound annual growth rate (CAGR) of 1.3% between 2,018 and 2023.
- The womenswear segment accounted for the industry's largest proportion in 2023, with total revenues of $822.4 billion, equivalent to 52.9% of the industry's overall value.
- The growth of the apparel retail industry is significantly driven by the expansion of online retail, which has become increasingly accessible and popular among consumers. The convenience of shopping online has led to a noticeable shift in consumer behavior, with more individuals turning to digital platforms for their fashion needs. According to GlobalData, the German online retail market reached $72.8 billion in 2023, marking a 1.2% increase from the previous year.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global apparel retail industry
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global apparel retail industry
- Leading company profiles reveal details of key apparel retail industry players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the global apparel retail industry with five year forecasts
Reasons to Buy
- What was the size of the global apparel retail industry by value in 2023?
- What will be the size of the global apparel retail industry in 2028?
- What factors are affecting the strength of competition in the global apparel retail industry?
- How has the industry performed over the last five years?
- What are the main segments that make up the global apparel retail industry?
Table of Contents
1 EXECUTIVE SUMMARY
2 Introduction
3 Global Apparel Retail
4 Macroeconomic Indicators
5 Apparel Retail in Asia-Pacific
6 Apparel Retail in Europe
7 Macroeconomic Indicators
8 Apparel Retail in France
9 Macroeconomic Indicators
10 Apparel Retail in Germany
11 Macroeconomic Indicators
12 Apparel Retail in Italy
13 Macroeconomic Indicators
14 Apparel Retail in Japan
15 Macroeconomic Indicators
16 Apparel Retail in Australia
17 Macroeconomic Indicators
18 Apparel Retail in Canada
19 Macroeconomic Indicators
20 Apparel Retail in China
21 Macroeconomic Indicators
22 Apparel Retail in The Netherlands
23 Macroeconomic Indicators
24 Apparel Retail in Spain
25 Macroeconomic Indicators
26 Apparel Retail in The United Kingdom
27 Macroeconomic Indicators
28 Apparel Retail in The United States
29 Macroeconomic Indicators
30 Company Profiles
31 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- adidas AG
- Aditya Birla Fashion and Retail Ltd
- Allegro.eu SA
- Aritzia Inc
- Bestseller A/S
- C&A Mode GmbH & Co KG
- Coppel SA de CV
- Cotton On Australia Pty Ltd
- DK Company A/S
- El Corte Ingles SA
- El Puerto de Liverpool SAB de CV
- Far Eastern Department Stores Ltd
- Fast Retailing Co Ltd
- Future Retail Ltd (Inactive)
- Groupe Galeries Lafayette
- Grupo Carso SA de CV
- Guararapes Confeccoes SA
- H & M Hennes & Mauritz AB
- Hudson's Bay Co
- IIC-INTERSPORT International Corporation GmbH
- Industria de Diseno Textil SA
- Isetan Mitsukoshi Holdings Ltd
- JD Sports Fashion Plc
- JD.com Inc
- John Lewis plc
- KappAhl Holding AB
- Koton Magazacilik Tekstil Sanayi ve Ticaret AS
- LC Waikiki Magazacilik Hizmetleri Ticaret AS
- Lindex Group plc
- Lojas Renner SA
- LPP SA
- LVMH Moet Hennessy Louis Vuitton SE
- Macy's Inc
- Manitou Americas, Inc.
- Marks and Spencer Group plc
- Mr. Price Group Ltd
- Myer Holdings Ltd
- Okinawa Electric Power Co Inc
- Otto GmbH & Co KG
- OZON Giyim San ve Tic AS
- Pan Pacific International Holdings Pte. Ltd.
- Pick n Pay Stores Ltd
- PRADA SpA
- Primark Stores Ltd
- PT Mitra Adiperkasa Tbk
- Punto FA SL
- Reliance Industries Ltd
- Robinsons Retail Holdings Inc
- S Group
- Shanghai Bailian Group Co Ltd
- SM Investments Corp
- Steen & Strom ASA
- Steinhoff International Holdings NV
- Takashimaya Co Ltd
- Target Corp
- Tesco Plc
- The TJX Companies Inc
- Tokmanni Group Oyj
- Varner-Gruppen AS
- VF Corp
- Walmart Inc
- Wesfarmers Ltd
- Woolworths Group Ltd