Asia-Pacific (APAC) Clothing, Footwear and Accessories Retailing Market Size, Category Analytics, Competitive Landscape and Forecast, 2020-2025
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APAC clothing, footwear and accessories retailing report provides both the historic and forecast market data of total retail sales, and the clothing, footwear and accessories market in APAC. It illustrates the data with charts, graphs and tables summarizing the value, with category details in clothing, footwear and accessories sector. The forecasts include the impact of COVID-19 on growth. The research report also reveals major retailers share in clothing, footwear and accessories sector with their price and market positioning in 2020.
APAC clothing, footwear & accessories market value was $649.8 billion in 2020 and is forecasted to grow with a CAGR of more than 8% by 2025. China dominated the clothing, footwear market and accessories market, whereas India has been forecasted to record good growth in APAC clothing, footwear & accessories market. Other major countries in the clothing, footwear & accessories market include Japan, South Korea, Australia, Indonesia, Thailand, Malaysia, Philippines, Hong Kong, New Zealand, and Singapore.
The women’s category held the highest share in both clothing, and footwear markets, followed by men’s category, and the children’s category. Amongst the price positioning segments in 2020, the mass market constituted the largest share followed by premium, luxury and value. Convenience stores and gas stations led the channel distribution segment, followed by hypermarkets, supermarkets and hard discounters and online. Convenience stores and gas stations are expected to have the highest share even in the forecast period (2021-25). In 2020, Uniqlo had the highest share in the APAC clothing, footwear & accessories market, followed by JD.com, Vip.com, and others.
Overview of clothing, footwear & accessories market in APAC
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What are the major segments in the APAC clothing, footwear & accessories market?
APAC clothing, footwear & accessories market is broadly categorized into women’s category, men’s category, and children’s category. The women’s category led both the clothing and footwear market, followed by the men’s category and the children’s category. The women’s category will have the highest growth rate during the forecasted period, especially in the footwear market where it is more than 8.5%.
Clothing, footwear & accessories market in APAC, by category
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What are the different distribution channels in the APAC clothing, footwear & accessories market?
Convenience stores and gas stations led the distribution channel in the APAC clothing, footwear & accessories market, both in 2020 and even during the forecast period. It was followed by hypermarkets, supermarkets & hard discounters, online, food & drinks specialists drug stores, and health & beauty stores.
Clothing, footwear & accessories market in APAC, by distribution channel
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Who are the major vendors in the APAC clothing, footwear & accessories market?
The top 10 retailers in the APAC clothing, footwear & accessories market include Uniqlo, JD.com, VIP.com, Belle, Lotte Department Store, Yonghui Superstores Group, Alibaba, Nike, Shimamura, and Zara. Uniqlo was the market leader in 2020.
Clothing, footwear & accessories market in APAC, by key players
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Market report scope
Market size (2020) | $649.8 billion |
Growth rate (2021-2025) | CAGR of >8% |
Base year for estimation | 2020 |
Segmentation by Category | Women’s category, men’s category, and children’s category. |
Segmentation by Distribution Channel | Clothing, footwear, and accessories specialists, online, department stores, hypermarkets, supermarkets and hard discounters, value, discount and variety stores and general merchandise retail, and others. |
Countries covered | China, Japan, India, South Korea, Australia, Indonesia, Thailand, Malaysia, Philippines, Hong Kong, New Zealand, and Singapore. |
Key players | Uniqlo, JD.com, VIP.com, Belle, Lotte Department Store, Yonghui Superstores Group, Alibaba, Nike, Shimamura, and Zara. |
Scope
The report provides a comprehensive view of the clothing, footwear, and accessories market and forecasts. Also, the report covers information on the main competitors operating in the sector and their price positioning.
Reasons to Buy
- Explore new opportunities that will allow you to align your product offerings and strategies to meet demand following the impact of COVID-19 on the clothing, footwear & accessories market
- Investigate current and forecast trends in the clothing, footwear, and accessories sector to identify the opportunities offering the most potential
JD.Com
Vip.com
Belle
Lotte Department Store
Yonghui Superstores Group
Alibaba
Nike
Shimamura
Zara
Table of Contents
Frequently asked questions
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What is APAC clothing, footwear & accessories market value in 2020?
APAC clothing, footwear & accessories market value in 2020 was $649.8 billion.
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What is the growth rate of the APAC clothing, footwear & accessories market?
APAC clothing, footwear & accessories market is forecasted to grow at a CAGR of more than 8% during 2021-2025.
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What are the categories of APAC clothing, footwear & accessories market?
APAC clothing, footwear & accessories market categories include women’s category, men’s category, and children category.
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What are the major distribution channels in the APAC clothing, footwear & accessories market?
The major distribution channels include convenience stores and gas stations, hypermarkets, supermarkets and hard discounters, and online channel.
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Who are the major vendors in the APAC clothing, footwear & accessories market?
In 2020, Uniqlo had the highest share in the APAC clothing, footwear & accessories market, followed by JD.com and VIP.com.
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