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Consumer Insights
NewUnited Arab Emirates (UAE) Apparel Market Size, Consumer Insights, Competitive Landscape and Forecast to 2028
UAE Apparel Market Report Overview The UAE apparel market size was estimated to be AED 50.3 billion in 2023. The market will grow at a CAGR of more than 3% during 2023-2028 as the UAE presents a strong opportunity for global apparel brands, especially luxury and premium players. UAE Apparel Market Outlook 2023-2028 (AED Billion) Buy Full Report for More Insights on the UAE Apparel Market Forecast Download a Free Sample Report The UAE apparel market research report offers a...
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Sector Analysis
NewClothing and Footwear Market Size, Trends and Analysis by Regional and Category Performance, Brands and Forecast to 2028
The Global Sector Series: Clothing & Footwear report offers comprehensive insight and analysis of the Clothing & Footwear market, the major players, the key trends and consumer attitudes. The report also includes consumer data from 2023. The global clothing and footwear market grew just 4.2% in 2023 to reach $2,086bn, hampered by subdued consumer confidence in Europe and the US amid high inflation, with growth driven by price increases rather than volume. Asia Pacific remains the largest region within the...
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Analyst Opinions
NewLuxury Retailing Market Size, Trends and Analysis by Regional and Category Performance, Brands and Forecast to 2028
Global Luxury Retail Market Report Overview The global luxury retail market size was $462.7 billion in 2023. The market will grow at a CAGR of more than 6% during 2023-2028. Tourism numbers are set to bounce back to pre-pandemic levels, enabling higher luxury consumption at travel retailing stores as well as tourists boosting spend in key city centers. Furthermore, the continued growth in tourism is driving the global luxury retail market growth. Global Luxury Retail Market Outlook 2023 - 2028...
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Sector Analysis
NewLuxury Apparel Market Size, Trends and Analysis by Regional and Category Performance, Brands and Forecast to 2028
Luxury Apparel Market Report Overview The luxury apparel market size was $201.6 billion in 2023 and will grow at a CAGR of more than 5% during 2023-2028. In 2023, after two years of impressive growth propelled by pent-up demand post-pandemic, the global luxury apparel market began to taper as economic challenges in Europe and the US began to hit aspirational shoppers. However, the luxury apparel market demand will pick up again in 2025 as inflation rates begin to stabilize and...
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Analyst Opinions
Top Trends in the Apparel Market for 2024
Top Trends in Apparel Market Overview The Top Trends in the Apparel Market for 2024 report includes an analysis of key factors impacting the global apparel market in 2024. The major trends in the apparel market are inflation, mergers and acquisitions, the outperformance of online channels, the importance of value for money, and market polarization among others. Top Trends · Inflation · Mergers and Acquisitions · The Outperformance of Online Channels · Importance of Value for Money · Market Polarization...
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Analyst Opinions
Europe Apparel Market Size and Trend Analysis by Category, Retail Channel, Supply Chain, Consumer Attitudes, Brands and Forecast to 2027
Europe Apparel Market Report Overview The Europe apparel market size was valued at EUR482 billion in 2022. The market will grow at a CAGR of more than 3% during 2022-2027. Factors such as the advancement of online distribution channels in emerging Eastern European markets, consumer preferences toward convenience, and improvement of brands’ online propositions are expected to drive the European apparel market growth in the coming years. Europe Apparel Market Outlook 2022-2027 (EUR Billion) Buy the Full Report for More...
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Sector Analysis
Europe Luxury Retail Market Size, Trends, Regional and Category Performance, Brands and Forecast to 2027
Europe Luxury Retail Market Report Overview The Europe luxury retail market size was $109.8 billion in 2022. The market is expected to grow at a CAGR of more than 5% during 2022-2027. Since pop-up or concept store formats have lower startup costs and contribute to better brand recognition, European luxury retailers are investing in them and opening new stores in famous retail areas to increase their market presence. Moreover, luxury retailers are incorporating sustainability into their long-term strategies to tap...
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Sector Analysis
Middle East and Africa (MEA) Luxury Retail Market Size, Trends, Regional and Category Performance, Brands and Forecast to 2027
MEA Luxury Retail Market Report Overview The MEA luxury retail market was valued at $16.9 billion in 2022 and is forecast to grow at a compound annual growth rate (CAGR) of more than 3% between 2022-2027. The popularity of the Middle East as a tourist destination combined with government initiatives that incentivize luxury businesses has driven growth in the region. Furthermore, Rising affluence among African nations such as Morocco is also contributing to the growing demand for luxury goods in...
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Sector Analysis
Americas Luxury Retail Market Size, Trends, Regional and Category Performance, Brands and Forecast to 2027
Americas Luxury Retail Market Report Overview Americas’ luxury retail market size was $145.2 billion in 2022. The market is expected to grow at a CAGR of more than 5% during 2022-2027. Sales in the region will be boosted by strong growths in Brazil, Chile, and Peru during the forecast period. Additionally, brands expand their reach in the region with new stores, e-commerce initiatives, and innovative strategies. The developing luxury market in Latin America will also drive sales in the region....
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Sector Analysis
France Apparel Market Overview and Trend Analysis by Category and Forecasts to 2027
This databook uses data from GlobalData’s Apparel database showing the trends in the market and sectors by value and volume. It also reveals the brand leaders by market share in 2022 in each of the sectors as well as total apparel. This databook provides both the historic and forecast market data of total apparel sales. It illustrates the data with charts, graphs and tables summarizing the value and volume trends, with category details in each sector. The forecasts include the...