Apparel: market data & analysis

Market Insights report

Apparel: market data & analysis

Apparel is the biggest non-food consumer goods category worldwide. The market is characterized by short product lifecycles that have even been lowered in recent years due to the rise of fast fashion retailers like Zara and H&M. In recent years, however, a slow transition to more sustainable production and working conditions can be observed.

What's included?

  • Market overview and all relevant sales figures
  • Market drivers
  • Consumer insights and trends
  • Competitive analysis
  • Segment deep dives
  • KPI comparison: Sales and growth rates
  • Country and regional comparison
  • Market forecasts

Table of contents

The Apparel market is rapidly evolving. It comprises all clothing products that are produced for private end consumers. The market is divided into three segments: Women's Apparel, Men's Apparel and Children's Apparel. Each segment is divided into sub-segments such as coats and jackets, blazers, suits, dresses, skirts, sweatshirts, trousers as well as sports- and underwear. Working clothes and accessories which can not be directly assigned to the clothes market such as watches or handbags are not included in this report.
This report from the series of Consumer Market Insights reports gives an overview of the Apparel market from an international perspective. Besides all relevant market figures like total and per capita revenues for the years from 2014 to 2027, we furthermore give detailed insights into current trends, key players and important background information on the Apparel market.

In 2023, the revenue in the Apparel market worldwide is estimated to reach a staggering US$1.74tn. This market is projected to experience an annual growth rate of 2.82% between 2023 and 2028 (CAGR). The upswing in online shopping and the continuing expansion of major textile chains lead to an increasing pressure on price levels in an ever-growing total market, which is just one explanation for its steady growth.

Note: CAGR: Compound Annual Growth Rate / average growth rate per year

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