Apparel Market
Paper, Plastics, Rubber, Wood And Textile Manufacturing

Global Apparel Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends

The Global Apparel Market Report by The Business Research Company covers apparel market drivers and restraints, apparel market size, major players, and the impact of COVID-19 on the apparel market.

The apparel market consists of sales of apparel by entities (organizations, sole traders and partnerships) that manufacture apparel. Apparel refers to clothing or garments in general. Apparel manufacturers cut and sew (i.e., purchase fabric and cut and sew to make a garment) and/or produce garments by first knitting fabric and then cutting and sewing the fabric into a garment.

The global apparel market is then expected to recover from COVID-19 crisis and grow from $527.1 billion in 2020 to $842.7 billion in 2025 at a rate of 9.8%, and reach $1,138.8 billion in 2030.

Increasing penetration of social media is expected to drive the apparel market in the forecast period. Globally, social media penetration is increasing rapidly, and is expected to reach $4.41 billion by 2025. Social media channels connect influencers and fashion icons to people through their social feed and people come to know of the latest trends and other aspects of fashion. These people then use social media to make purchases also. Growth in social media and new integrated product offerings will positively influence the global apparel market.

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Some apparel market trends include use of blockchain technology for reliability in the supply chain, tracking, origin tracking, and intellectual property protection. Blockchain is a decentralized, distributed ledger that stores transactions sequentially. Moreover, apparel manufacturing companies are investing in artificial intelligence (AI) and machine learning to predict themes in trending patterns, silhouettes, colors, styles, and customer sentiment around the product.

Global apparel market segments include:

1) By Type: Women’s Wear (Dresses & Skirts, Trousers, Blouses, Jerseys, Sweatshirts & Pullovers, Coats & Jackets, Suits & Ensembles, Sports And Swimwear, Night & Underwear, T Shirts And Singlets, Blazers, Others); Men’s Wear (Trousers, Shirts, Jerseys, Sweatshirts & Pullovers, Coats & Jackets, Blazers, Suits, Sports & Swimwear, Night & Underwear, T Shirts & Singlets, Others); Kids Wear (Infant & Toddler Clothes. Young Children Clothes)

2) By Type Of Fiber: Man-Made Fibers, Cotton Fibers, Animal Based Fibers, Vegetable Based Fibers

3) By Distribution Channel: Online Sales, Offline Sales

4) By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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The Apparel Opportunities And Strategies: Forecast To 2030 is one of a series of new reports from The Business Research Company that provides apparel market overviews, analyzes and forecasts market size, share, apparel market players, apparel market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The apparel identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Where To Learn More:

Read Apparel Opportunities And Strategies: Forecast To 2030 from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries

Market Players Covered: NIKE, Inc., Adidas AG, PVH Corp., Christian Dior SE, Hanesbrands Inc.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The Apparel Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The Apparel Sector: The report reveals where the global industry will put on most $ sales up to 2023.

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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

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