Global Apparel Market
Segments - by Type of Fiber (Natural Fiber and Synthetic Fiber), Distribution Channel (Online and Offline), End-users (Women, Men, and Kids), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) Forecasts, 2021-2028
The global apparel market size is anticipated to expand at a CAGR of 9.8% during the forecast period, 2021-2028.
Apparel market is defined as the industry that mostly focuses on the production of cloths and garments. Garments are made by uniting, cutting, and sewing fabric. Garments include socks, uniforms, caps, shirts, T-shirts, jackets, hats, neckties, and belts. Apparel can be produced by material such as polyester, cotton, and linen.
Apparel defines the production of cloths and fabric that is directly focused on new trends, fashions, and culture. The clothing is designed and produce by targeting the latest trend and the cultural outfits. Apparels can be of two types ready-to-wear and sewed. The ready to wear segment holds the major market share. These apparel industries are well associated with the vendors and contractor so as to increase the sales landmark in specific region by targeting to all types of audiences.
Market Trends, Drivers, Restraints, and Opportunities:
- Artificial intelligence (AI) and machine learning are becoming need; several vendors are investing heavy capital on these two technologies, to get to know the current trends in the market such as patterns, styles, colours, and customer point of view about the product.
- Factors such as rising income, attraction towards alternative products and the use of extra disposable income leads to change the preferences of audiences towards the lifestyle and clothing is estimated to drive the market.
- Nowadays people came to know about the latest fashion trends through social engagement as vendors are introducing various emerging trend on social network. This is projected to fuel the market.
- Unauthorized or fake products, shortage in cotton production and outbreak of COVID19 is estimated to limits the market growth in the near future.
Scope of the report:
The report on global apparel market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
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Attributes |
Details |
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Report Title |
Global Apparel Market - Industry Analysis, Size, Share, Growth, Trends And Forecast |
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Base Year |
2020 |
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Historic Data |
2018 & 2019 |
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Forecast Period |
2021–2028 |
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Segmentation |
Type of Fiber (Natural Fiber and Synthetic Fiber), Distribution Channel (Online and Offline), End-users (Women, Men, and Kids) |
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Regional Scope |
Asia Pacific, North America, Europe, Latin America, and Middle East & Africa |
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Report Coverage |
Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast |
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Key Players Covered in the Report |
NIKE, Inc., Adidas AG, PVH Corp, Christian Dior SE, Hanes brands Inc., VF Corporation, Levi Strauss & Co., Kering S.A., Ralph Lauren Corporation, Samsung C&T Corporation, Aditya Birla Fashion and Retail Limited, Shanshan Group Co., United Arrows, Matsuoka Corp, Heilan Group, and Youngor Group |
Global Apparel Market Segment Insights:
The synthetic fiber segment is projected to hold significant market share
Based on type of fiber, the apparel market is bifurcated into natural fiber and synthetic fiber. The synthetic fiber segment is projected to hold significant market share during the forecast period. Synthetic fiber is widely used fiber in the market because it is light weight and comfortable in nature. People are more attracted towards wearing light weight cloths so as to feel comfortable. Hoodies, active wear, sportswear, and t-shirts are made from synthetic fibers. Synthetic fiber has the material names as polypropylene which is the lighter fabric ever; it is lighter than water and nylon as well.
The online segment is estimated to grow at a rapid pace
On the basis of distribution channel, the apparel market is segregated into online and offline. The online segment is estimated to grow at a rapid pace. The apparels segment is moving towards the inclination of graph on the online platforms. The new apparels stores, website, and online application are new trend in youth for shopping their cloths and garments. This is possible because of the huge engagement of the audiences on the online platforms. The apparel industry hits audience attention by performing online advertisement such as pop-ups and social media advertising. Many vendors and distributors have started their new milestone to increase their engagement by directly attracting the youth by moving on online platforms. Thus the Online segment dominates the largest segment in the market.
The men segment is projected to hold significant market share
Based on end-users, the apparel market is fragmented into women, men, and kids. The men segment is expected to hold major market share during the forecast period. This is due to male tending to focus more on style and quality while purchasing the garments. Various men’s fashion magazines are introduced globally this can contribute to the market’s growth.
North America is anticipated to dominate the global market
In terms of regions, the global apparel market can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is anticipated to dominate the market during the forecast period. The manufacturer in this region has increased their association and engagements in the niche market who sells the particular products in the limited area. By this the Canadian market will be collaborate with small vendors and distributors so as for the designing and producing the high quality of clothing that includes the apparel such as active wears, sportswear, and protective clothing’s.
Segments
Segments Covered in the Report
By Type of Fiber
- Natural fiber
- Synthetic fiber
By Distribution Channel
- Online
- Offline
By End-users
- Women
- Men
- Kids
By Regions
- North America
- Europe
- Latin America
- Asia Pacific
- Middle East & Africa
By Key Players
- NIKE, Inc.
- Adidas AG
- PVH Corp
- Christian Dior SE
- Hanes brands Inc.
- VF Corporation
- Levi Strauss & Co.
- Kering S.A.
- Ralph Lauren Corporation
- Samsung C&T Corporation
- Aditya Birla Fashion and Retail Limited
- Shanshan Group Co.
- United Arrows
- Matsuoka Corp
- Heilan Group
- Youngor Group
Competitive Landscape
Key players in the global apparel market include NIKE, Inc., Adidas AG, PVH Corp, Christian Dior SE, Hanes brands Inc., VF Corporation, Levi Strauss & Co., Kering S.A., Ralph Lauren Corporation, Samsung C&T Corporation, Aditya Birla Fashion and Retail Limited, Shanshan Group Co., United Arrows, Matsuoka Corp, Heilan Group, and Youngor Group. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Apparel Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Apparel Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Apparel Market - Supply Chain
4.5. Global Apparel Market Forecast
4.5.1. Apparel Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Apparel Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Apparel Market Absolute $ Opportunity
5. Global Apparel Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Apparel Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Apparel Demand Share Forecast, 2019-2026
6. North America Apparel Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Apparel Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Apparel Demand Share Forecast, 2019-2026
7. Latin America Apparel Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Apparel Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Apparel Demand Share Forecast, 2019-2026
8. Europe Apparel Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Apparel Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Apparel Demand Share Forecast, 2019-2026
9. Asia Pacific Apparel Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Apparel Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Apparel Demand Share Forecast, 2019-2026
10. Middle East & Africa Apparel Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Apparel Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Apparel Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Apparel Market: Market Share Analysis
11.2. Apparel Distributors and Customers
11.3. Apparel Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. NIKE, Inc.
11.4.2. Adidas AG
11.4.3. PVH Corp
11.4.4. Christian Dior SE
11.4.5. Hanes brands Inc.
11.4.6. VF Corporation
11.4.7. Levi Strauss & Co.
11.4.8. Kering S.A.
2. Assumptions and Acronyms Used
3. Research Methodology
4. Apparel Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Apparel Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Apparel Market - Supply Chain
4.5. Global Apparel Market Forecast
4.5.1. Apparel Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Apparel Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Apparel Market Absolute $ Opportunity
5. Global Apparel Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Apparel Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Apparel Demand Share Forecast, 2019-2026
6. North America Apparel Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Apparel Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Apparel Demand Share Forecast, 2019-2026
7. Latin America Apparel Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Apparel Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Apparel Demand Share Forecast, 2019-2026
8. Europe Apparel Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Apparel Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Apparel Demand Share Forecast, 2019-2026
9. Asia Pacific Apparel Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Apparel Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Apparel Demand Share Forecast, 2019-2026
10. Middle East & Africa Apparel Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Apparel Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Apparel Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Apparel Market: Market Share Analysis
11.2. Apparel Distributors and Customers
11.3. Apparel Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. NIKE, Inc.
11.4.2. Adidas AG
11.4.3. PVH Corp
11.4.4. Christian Dior SE
11.4.5. Hanes brands Inc.
11.4.6. VF Corporation
11.4.7. Levi Strauss & Co.
11.4.8. Kering S.A.
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