Apparel Report 2020

Statista Consumer Market Outlook

Apparel Report 2020 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.



What's included?
  • Market Overview and all relevant sales figures
  • Consumer insights and trends
  • Competitive analysis
  • Segment deep dives
  • KPI comparison: Sales and growth rates
  • Country and regional comparison
  • Market forecasts
  • COVID-19 impact
DescriptionContentTables

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 Outlook 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 2012 to 2025, we furthermore give detailed insights into current trends, key players and important background information on the Apparel market.

In general, the Apparel market is expected to grow at a CAGR of 4.7% between 2012 and 2025. The Women's and Children's segments within the Apparel market are both growing with a CAGR between 2019-2025 by 4.6%. However, the Men's segment shows a slightly higher growth and is expected to increase by 4.8%, reaching US$757 billion in 2025. 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

  • Language: English
  • Released: August 2020
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