Global Apparel Market Size, Share & Trends Analysis Report By Segments, By Region, And Segment Forecasts Till – 2029 | MMR


Posted June 1, 2023 by mahesh07

Apparel Market size was valued at USD 612.15 Bn. in 2022 and the total Apparel revenue is expected to grow by 7.5 % from 2023 to 2029, reaching nearly USD 1015.59 Bn.
 
Apparel Market size was valued at USD 612.15 Bn. in 2022 and the total Apparel revenue is expected to grow by 7.5 % from 2023 to 2029, reaching nearly USD 1015.59 Bn.

Apparel Market Overview:

The Apparel market research study is set up so that each segment is individually analysed before being combined to form the total market, and the analysis is done based on consumer needs. Over the course of the forecast period, it is expected that the Apparel market would grow quickly because of the rising urbanization and development of emerging nations. On the other side, high investment costs might affect the growth of the Apparel market as a whole.

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Apparel Market Scope and Research Methodology

Primary and secondary research methodologies were employed and data collected by using both research methods were combined to make the Apparel market report authentic. Various secondary sources including industry associations, white papers, and journals were used for data collection. Key Player’s offerings were also taken into consideration to determine the Apparel market segmentation.

The bottom-up approach was used to estimate the market size by considering the Apparel adoption rate and pricing by key players, which were then verified through primary research by conducting in-depth interviews with important business figures in the Apparel market, such as vice presidents (VPs), directors, and related executives. The overall process of market engineering was completed using data triangulation and market breakdown procedures, which led to the precise statistics for each segment and sub-segment.

Apparel Market Segmentation:

Based on Type, The casual wear segment in the apparel market is dominating in the year 2022 and is expected to continue its dominance during the forecast period. the shift towards more casual dress codes in workplaces and social settings has contributed to the popularity of casual wear.

Based on the Types of Fiber, The dominant segment in the types of fiber used in the apparel market is cotton fibers and is expected to continue its dominance during the forecast period. The cotton is highly breathable, which allows for good air circulation and moisture absorption, making it ideal for warm weather and active lifestyles. Its softness and hypoallergenic properties make it comfortable for everyday wear and suitable for sensitive skin.

by Type

• Formal Wear
• Casual Wear
• Sportswear
• Nightwear
• Other Types

by Types of Fiber

• Man-Made Fibers
• Cotton Fibers
• Animal-Based Fibers
• Vegetable Based Fibers

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Apparel Market Key Players:

• Inditex Group (Spain)
• H&M (Sweden)
• Nike (United States)
• Adidas (Germany)
• VF Corporation (United States)
• LVMH (France)
• Kering (France)
• Fast Retailing (Japan)
• PVH Corp. (United States)
• Ralph Lauren Corporation (United States)
• Gap Inc. (United States)
• Levi Strauss & Co. (United States)
• The Estée Lauder Companies Inc. (United States)
• Burberry Group (United Kingdom)
• Puma SE (Germany)
• Coach (Tapestry Inc.) (United States)
• Under Armour, Inc. (United States)
• Tommy Hilfiger (PVH Corp.) (United States)
• Columbia Sportswear Company (United States)
• Luxottica Group (Italy)

Apparel Market Regional Insights

• North America (United States, Canada, and Mexico)
• Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, and the Rest of Europe)
• Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan, and Rest of APAC)
• Middle East and Africa (South Africa, GCC, Egypt, Nigeria, and the Rest of ME&A)
• South America (Brazil, Argentina Rest of South America)

Report provides:

Global Apparel Market Penetration: Provides a comprehensive overview of the Apparel market from the major players.
Global Apparel Market Development: Provides in-depth information on interesting new areas as well as market penetration studies in existing categories.
Global Apparel Market Diversification: In-depth coverage of new product releases, underserved areas, current changes, and investment opportunities.
Competitive Landscape: Provides in-depth analysis of the main companies' market shares, strategy, products, certification, regulatory approvals, patent landscape, and manufacturing capacity.
About Maximize Market Research:

A multifaceted market research and consulting firm, Maximize Market Research employs experts from various sectors. Medical device manufacturers, pharmaceutical companies, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general manufacturers, and other industries are some of the ones we cover. To name a few, we offer client impact studies, technical trend analysis, critical market research, competitive analysis, production and demand analysis, and market-verified industry estimations.

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Pune, Maharashtra 411041, India

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Issued By Mahesh
Phone 09607365656
Business Address 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway,
Country India
Categories Business
Tags apparel market , apparel market size , apparel market share
Last Updated June 1, 2023