Asia-Pacific (APAC) Apparel Market Analysis by Category, Retail Channel, Supply Chain, Consumer Attitudes, Brands and Forecast to 2028

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Asia-Pacific (APAC) Apparel Market Report Overview

The APAC apparel market size was valued at $764 billion in 2023 and the market will grow at a CAGR of more than 2% during 2023-2028. Developing economies and rapid urbanization are driving the growth of the apparel market in APAC.

APAC Apparel Market Outlook 2023-2028 ($ Billion)

APAC Apparel Market Outlook 2023-2028 ($ Billion)
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The APAC apparel market report offers data that showcase the trends in the market and sectors by value and volume. It also reveals the brand leaders by market share in 2023 in each of the categories as well as the entire apparel market of APAC. This APAC apparel market trends report provides historical and forecast period data for total sales in the region. This report offers a detailed analysis of the market with the impact of recent events on customer shopping behavior, key apparel retailers, and sectors.

Market Size (2023) $764 Billion
CAGR (2023-2028) >2%
Forecast Period 2023-2028
Historical Period 2017-2023
Key Categories ·       Clothing

·       Accessories

·       Footwear

Key Distribution Channels ·       Clothing, Footwear and Accessories Specialists

·       Online Specialists

·       Department Stores

·       Hypermarkets, Supermarkets, and Hard Discounters

Key Brands ·       Nike

·       UNI QLO

·       Adidas

·       ANTA

·       Chanel

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APAC Apparel Market Drivers

The key drivers influencing the APAC apparel market are expansion and influence of trends and digital transformation. The digital channel will continue to drive the apparel market growth by tapping into a rapidly expanding base of tech-savvy consumers. Meanwhile, brands and retailers including Uniqlo, Li-Ning, and Amazon continue to leverage tools such as AI and AR to analyze trends, provide personalized recommendations, and visualize products better.

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APAC Apparel Market Segmentation by Categories

The clothing category dominated the APAC apparel market in 2023.

The key categories of the apparel market in APAC are clothing, accessories, and footwear. Womenswear, menswear, and childrenswear are the key sub-categories of the clothing category. Womenswear sales is forecast to witness the strongest growth in 2023 because of the female consumers’ stronger interest in fashion and following trends.

In terms of product segments, the leggings segment is positioned to achieve the strongest CAGR between 2023 and 2028. The growth is attributed to the popularity of sportswear and especially athleisure which can be worn in various occassions.

APAC Apparel Market Analysis by Categories, 2023 (%)

APAC Apparel Market Analysis by Categories, 2023 (%)

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APAC Apparel Market Segmentation by Distribution Channels

The clothing, footwear, and accessories specialists were the leading distribution channel with the highestAPAC apparel market sales in 2023

The key distribution channels of the APAC apparel market are clothing, footwear and accessories specialists; online specialists; department stores; and hypermarkets, supermarkets, and hard discounters among others.

APAC Apparel Market Analysis by Distribution Channel, 2023 (%)

APAC Apparel Market Analysis by Distribution Channel, 2023 (%)
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APAC Apparel Market – Competitive Landscape

In 2023, Nike accounted for the highest APAC apparel market share

The key brands in the APAC apparel market are:

  • UNIQLO
  • Nike
  • Adidas
  • ANTA
  • Chanel

APAC Apparel Market Analysis by Brands, 2023 (%)
APAC Apparel Market Analysis by Brands, 2023 (%)
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Key Segments Covered in the APAC Apparel Market Report

APAC Apparel Category Outlook (Value, $ Billion, 2017-2028)

  • Clothing
  • Accessories
  • Footwear

APAC Apparel Distribution Channel Outlook (Value, $ Billion, 2017-2028)

  • Clothing, Footwear and Accessories Specialists
  • Online Specialists
  • Department Stores
  • Hypermarkets, Supermarkets, and Hard Discounters
  • Others

Scope

The Asia-Pacific market will continue to outperform out to 2028, driven by emerging economies

Growth in the online channel will remain stronger out to 2028

Uniqlo’s became the region’s top brand

Reasons to Buy

  • Gain a comprehensive view of the APAC apparel market trends and forecasts to 2028.
  • Explore new opportunities that will allow you to align your product offerings and strategies to meet demand following the impact of recent events on the apparel market in APAC.
  • Investigate current and forecast trends in APAC apparel to identify the opportunities offering the most potential.
  • Understand who the main competitors are in the sector and their prices.

UNIQLO
Nike
Adidas
ANTA
Li-Ning
Chanel
Hermès
Zara
Louis Vuitton
Gucci
ASICS
Urban Revivo
Princess Polly
Amazon
Shein
Mango

Table of Contents

  • 1. Executive Summary
  • 2. Drivers & Inhibitors
  • 3. The Asia-Pacific Apparel Market to 2028
  • 4. Category Performance to 2028
  • 5. Channel Performance to 2028
  • 6. Consumers
  • 7. Competitive Landscape: Brands

    • 7.1. Top 10 Asia-Pacific Brands by Market Share 2022-2024
    • 7.2. Brand in Focus: Asics
    • 7.3. Brand in Focus: Urban Revivo
    • 7.4. Brand in Focus: Princess Polly

  • 8. Methodology
  • 9. Contact us

Table

Clothing: Winning and Losing Product Segments, 2023-2028 CAGR (%)

Footwear: Winning and Losing Product Segments, 2023-2028 CAGR (%)

Accessories: Winning and Losing Product Segments, 2023-2028 CAGR (%)

Figures

Asia-Pacific Apparel Market Value, 2018, 2023 & 2028 ($ bn) with CAGR (%)

Asia-Pacific Apparel Market Value ($ bn) and Volumes (m units) 2018-2028, with Annual Growth (%)

Global Apparel Market by Regional Share, 2018, 2023 & 2028

Top 10 Asia-Pacific Markets by Value ($ bn) 2018, 2023, 2024 & 2028

Asia-Pacific Markets by Forecast CAGR 2023-2028 (%)

Category Shares within the Asia-Pacific Apparel Market (%) 2018, 2023 & 2028

Clothing: Market Value ($ bn) by Subcategory, 2018, 2023, 2024 & 2028, with forecast CAGR (%)

Footwear: Market Value ($ bn) by Subcategory, 2018, 2023, 2024 & 2028, with forecast CAGR (%)

Accessories: Market Value ($ bn) 2018, 2023, 2024 & 2028, with forecast CAGR (%)

Asia-Pacific Apparel Market by Price Positioning, 2018, 2023 & 2028

Asia-Pacific Sportswear Market ($ bn), 2018-2028

Asia-Pacific Online Apparel Market ($ bn) 2018-2028 and Online Penetration (%)

Online, Offline & Total Apparel Annual Growth in Asia-Pacific (%), 2018-2028

Asia-Pacific Apparel Market by Channel Share (%) 2023 & 2028

Top 10 Asia-Pacific Apparel Markets by Online Sales ($ bn), 2018, 2023, 2024(f) & 2028(f)

Top 10 Asia-Pacific Apparel Markets by CAGR, 2023 (%)

Asia-Pacific consumers’ level of concern about their personal financial situation

How consumers in Asia-Pacific are changing their shopping habits for clothing & footwear due to the rising cost-of-living

How Asia-Pacific consumers saw their lifestyle evolving in Q4 2024 – Buying non-grocery products online

How Asia-Pacific consumers saw their lifestyle evolving in Q4 2024 – Buying non-grocery products via social media

Percentage of consumers in Asia-Pacific that agree with the following brand preference statements

Top 10 Asia-Pacific Brands by Market Share (%), 2022-2024 with Change in Share 2023-2024

Frequently asked questions

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