Apparel - China

  • China
  • Revenue in the Apparel market amounts to US$318.10bn in 2023. The market is expected to grow annually by 4.28% (CAGR 2023-2027).
  • The market's largest segment is the segment Women's Apparel with a market volume of US$171.90bn in 2023.
  • In global comparison, most revenue is generated in the United States (US$343.70bn in 2023).
  • In relation to total population figures, per person revenues of US$217.90 are generated in 2023.
  • In the Apparel market, volume is expected to amount to 31.31bn pieces by 2027. The Apparel market is expected to show a volume growth of 0.8% in 2024.
  • The average volume per person in the Apparel market is expected to amount to 20.87pieces in 2023.
  • By 2023, 98% of sales in the Apparel market will be attributable to Non-Luxury goods.
 
 
 
 
 
 
 
 
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