Global Apparel Market Opportunities And Strategies – Forecast To 2030 – Includes Apparel Market Growth
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Increasing penetration of social media is expected to drive the apparel market in the forecast period, as per The Business Research Company’s apparel market opportunities and strategies report.
The apparel market is expected to recover and grow at a CAGR of 9.8% reaching $0.84 trillion in 2025, and $1.13 trillion in 2030.
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Major players in the apparel market include NIKE, Inc., Adidas AG, PVH Corp., Christian Dior SE, Hanesbrands Inc.
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.
The Global Apparel Market Is Segmented:
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)
By Type Of Fiber: Man-Made Fibers, Cotton Fibers, Animal Based Fibers, Vegetable Based Fibers
By Distribution Channel: Online Sales, Offline Sales
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
TBRC’s Apparel Market Report Covers:
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 (2016-21) and ten years forecast (2022-2026-2031)
The Apparel Market Report 2022 – Opportunities And Strategies – Global Forecast To 2030 is one of a series of new reports from The Business Research Company that provides thorough apparel market research, analyzes and forecasts apparel market size, apparel market share, apparel market players, apparel market trends, apparel market segmentation and geographies, leading competitor revenues, profiles and market shares.
TBRC’s apparel market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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.
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