Apparel Market Overview and Trend Analysis by Category and Forecasts to 2027
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Apparel Market Report Overview
The apparel market size was valued at $2,005 billion in 2022. The apparel market will grow at a CAGR of more than 4% during 2022-2027. The apparel market report offers data showing the trends in the market and sectors by value and volume. It also reveals the brand leaders by market share in 2022 in each of the sectors as well as total apparel.
Apparel Market Outlook 2022-2027 ($ Billion)
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This apparel market research report provides historical and forecast market data for 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 impact of COVID-19 on growth. The report also reveals major brands’ share in apparel with their price and market positioning in 2022.
Market Size (2022) | $2,005 Billion |
CAGR (2022-2027) | >4% |
Forecast Period | 2023-2027 |
Historical Period | 2017-2022 |
Key Categories | · Clothing
· Accessories · Footwear |
Key Brands | · Nike
· Adidas · Zara · H&M · Shein · UNIQLO · Skechers |
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Apparel Market Segmentation by Categories
The clothing category dominated the apparel market in 2022.
The key categories of the apparel market are clothing, accessories, and footwear. The clothing category is expected to continue to dominate the market during the forecast period. The category is further classified into childrenswear, menswear, and womenswear.
The report offers information on the key sub-categories of each category. It provides market size data from 2017-2027. It also provides insights on increase in value and CAGR during 2022-2027.
Apparel Market Analysis by Categories, 2022 (%)
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Apparel Market – Competitive Landscape
The key brands in the apparel market are:
- Nike
- Adidas
- Zara
- H&M
- Shein
- UNIQLO
- Skechers
In 2022, Nike was a mass market player leading the apparel market. The report provides a market positioning map of the other top 10 brands for 2022.
Apparel Market Analysis by Brands, 2022 (%)
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Key Segments Covered in this Report
Apparel Category Outlook (Value, $ Billion, 2017-2027)
- Clothing
- Accessories
- Footwear
Scope
- This databook uses data from GlobalData’s Apparel database showing the trends in the market and sectors by value and volume.
- It reveals the brand leaders by market share in 2022 in each of the sectors as well as total apparel.
- This report provides both historical and forecast market data on total apparel sales in the .
- It illustrates the data with charts, graphs, and tables summarizing the value and volume trends, with category details in each sector.
- The market forecasts include the impact of inflation and recent events on growth.
- The databook also reveals major brands’ share in apparel with their price and market positioning in 2022.
Reasons to Buy
- Gain a comprehensive view of the apparel market and forecasts for 2027.
- 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 apparel market.
- Investigate current and forecast trends in the apparel industry to identify the opportunities offering the most potential.
- Understand who the main competitors are in the apparel market and their price positioning.
Adidas
Zara
H&M
Puma
Shein
Gucci
UNIQLO
Primark
Levi's
Table of Contents
Frequently asked questions
-
What was the apparel market size in 2022?
The apparel market size was valued at $2,005 billion in 2022.
-
What is the growth rate of the apparel market?
The apparel market is expected to grow at a CAGR of more than 4% during 2022-2027.
-
Which category dominated the apparel market?
The clothing category dominated the apparel market in 2022.
-
Which are the key brands in the apparel market?
Nike, Adidas, Zara, H&M, Shein, and UNIQLO among others are some of the key brands in the apparel market.
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Which brand held the highest share of the apparel market in 2022?
Nike led the apparel market in 2022.
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