The revenue is forecast to experience significant growth in all segments in 2029. As part of the positive trend, the revenue reaches the maximum value for all three different segments at the end of the comparison period. Particularly noteworthy is the segment Women's Apparel, which has the highest value of 6.67 billion U.S. dollars.
Data provided by Statista Market Insights are estimates.
Definition:
The Apparel market includes clothing that is produced for private end customers and is broken down into the following product lines: Women’s Apparel, Men’s Apparel, and Children’s Apparel. Work clothes as well as other personal accessories, such as watches and jewelry, handbags, and similar items, that do not count as actual articles of clothing are not included.
Structure:
The market is divided into three main categories:
The Women’s Apparel market, which encompasses clothes for women and is further divided into the following categories: Coats & Jackets, Blazers, Suits & Ensembles, Dresses & Skirts, Trousers, Shirts & Blouses, Jerseys, Sweatshirts & Pullovers, Sports & Swimwear (Performance Apparel, Sports-Inspired Apparel, Swimwear), Night & Underwear, T-Shirts, Tights & Leggings, Socks, Clothing Accessories & Other Clothes (Gloves, Shawls & Scarves, Belts, Hats & Caps, Leather Clothes, Felt and Fur & Other Clothes).
The Men’s Apparel market, which encompasses clothes for men and is further divided into the following categories: Coats & Jackets, Blazers, Suits, Trousers, Shirts, Jerseys, Sweatshirts & Pullovers, Sports & Swimwear (Performance Apparel, Sports-Inspired Apparel, Swimwear), Night & Underwear, T-Shirts, Socks, Clothing Accessories & Other Clothes (Gloves, Shawls & Scarves, Belts, Hats & Caps, Ties & Bow Ties, Leather Clothes, Felt and Fur & Other Clothes).
The Children’s Apparel market, which encompasses clothes for boys and girls up to the age of 14 and is then further divided into the following categories: Coats & Jackets, Blazers, Suits & Ensembles, Dresses & Skirts, Trousers, Shirts & Blouses, Jerseys, Sweatshirts & Pullovers, Sports & Swimwear (Sportswear, Swimwear), Night & Underwear, T-Shirts, Tights & Leggings, Socks, Baby Clothes, Clothing Accessories & Other Clothes (Gloves, Shawls & Scarves, Belts, Hats & Caps, Ties & Bow Ties, Leather Clothes, Felt and Fur & Other Clothes).
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit, luxury revenue share, secondhand apparel share, sustainable apparel share, and sales channels. The distribution channels can be divided into stationary suppliers of multi-label products (e.g., department stores and traditional specialist shops), vertically integrated textile chains (e.g., H&M and Primark), eCommerce, and ordering by catalog. Furthermore, some fashion brands seek direct contact with their customers through single-label stores.
There are numerous small, middle-sized, and big brands that operate successfully at a national or regional level. Key players in the market include Nike, ZARA, H&M, and Uniqlo.
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Statista. (September 27, 2024). Revenue of the apparel market in Colombia from 2019 to 2024, with a forecast to 2029, by product segment (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/forecasts/1395069/apparel-market-revenue-by-segment-colombia
Statista. "Revenue of the apparel market in Colombia from 2019 to 2024, with a forecast to 2029, by product segment (in billion U.S. dollars)." Chart. September 27, 2024. Statista. Accessed November 03, 2024. https://www.statista.com/forecasts/1395069/apparel-market-revenue-by-segment-colombia
Statista. (2024). Revenue of the apparel market in Colombia from 2019 to 2024, with a forecast to 2029, by product segment (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/forecasts/1395069/apparel-market-revenue-by-segment-colombia
Statista. "Revenue of The Apparel Market in Colombia from 2019 to 2024, with a Forecast to 2029, by Product Segment (in Billion U.S. Dollars)." Statista, Statista Inc., 27 Sep 2024, https://www.statista.com/forecasts/1395069/apparel-market-revenue-by-segment-colombia
Statista, Revenue of the apparel market in Colombia from 2019 to 2024, with a forecast to 2029, by product segment (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1395069/apparel-market-revenue-by-segment-colombia (last visited November 03, 2024)
Revenue of the apparel market in Colombia from 2019 to 2024, with a forecast to 2029, by product segment (in billion U.S. dollars) [Graph], Statista, September 27, 2024. [Online]. Available: https://www.statista.com/forecasts/1395069/apparel-market-revenue-by-segment-colombia