Premium Apparel Market Size, Share and Trend Analysis by Segments, Region, Category Performance and Competitive Landscape to 2029

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This report offers an analysis of both the historic and forecast data of the global premium apparel market through to 2029. It provides a insights into key trends within the premium apparel market, alongside sales and growth across different regions and category groups. It also highlights key global premium apparel brands and their current competitive position.

Growth in the global premium apparel market slowed to 0.7% in 2024 from 4.6% in 2023, as lasting macroeconomic issues and high inflation impacted consumer demand. Footwear is expected to show the fastest forecast growth, rising at a 2024-2029 CAGR of 4.3%, driven by the success of premium running specialists such as On and HOKA. Asia-Pacific and Middle East & Africa are forecasted to showcase the strongest growths out to 2029, rising at 2024-2029 CAGRs of 5.6% and 4.4% respectively, due to rapid urbanization and a growing middle-class population. Lululemon remained the largest premium apparel brand in 2024, and gained further share thanks to international expansion and continued high demand for athleisure.

Key Highlights

The premium apparel market will slightly outperform in the forecast years but remain overshadowed by value and luxury

The long-lasting impacts of high inflation in the Americas and Europe will cause the regions to lose share in the forecast period

Footwear has the fastest forecast growth, driven by the success of premium running brands

Reasons to Buy

Gain an understanding of the drivers and inhibitors in the global premium apparel market

Understand where the demand lies within the global premium apparel market across categories, and brands, to allow you to maximise customer acquisition.

Identify the key approaches brands are taking to stand out in the global premium apparel market, and how you can adapt these to fit your own business.

Lululemon
Levi's
Tommy Hilfiger
Calvin Klein
Ralph Lauren
ASICS
Coach
Boss
Victoria's Secret
The North Face
Skims
Hoka
Aligne
Peachy Den
Denim Tears
R.M. Williams
Lacoste
On
Alo Yoga
Vuori
Rixo
Aritizia

Table of Contents

EXECUTIVE SUMMARY

KEY TRENDS IN THE GLOBAL PREMIUM APPAREL MARKET

Global Premium Apparel Market Drivers

Global Premium Apparel Market Inhibitors

Premium sportswear outperforms, driven by its versatility and quality

Experiential stores help premium apparel brands build communities

Strategies for Success in the Global Premium Apparel Market

THE GLOBAL PREMIUM APPAREL MARKET: GLOBAL MARKET SIZE TO 2029

Global Premium Apparel Market 2019-2029

Global Premium Apparel Market by Price Positioning Share 2019, 2024 & 2029

THE GLOBAL PREMIUM APPAREL MARKET: REGIONAL PERFORMANCE TO 2029

Global Premium Apparel Market by Regional Share, 2019-2029

Global Premium Apparel Market by Regional Growth 2019-2029

Top 10 Premium Apparel Markets by Value, 2019, 2024 & 2029

Top 10 Premium Apparel Markets by Forecast Growth, 2024-2029

THE GLOBAL PREMIUM APPAREL MARKET: CATEGORY PERFORMANCE TO 2029

Premium Apparel Market by Category, 2019, 2024 & 2029

Global Premium Apparel Market by Category Value, 2019, 2024 & 2029

COMPETITIVE LANDSCAPE: MARKET SHARES & BRAND PROFILES

Top 10 Premium Apparel Brands 2023 & 2024

Top 10 Brands: Winners & Losers Outlook

Brands in Focus: Lululemon

Brands in Focus: Levi's

Brands in Focus: Lacoste

Brands in Focus: Skims & HOKA

Brands to Watch

METHODOLOGY

CONTACT US

Figures

Global Premium Apparel Market Value, 2019, 2024 & 2029 ($ bn) with five-year CAGR (%)

Global Premium Apparel Market Value ($ bn) 2019-2029, and Annual Growth (%)

Price Positioning Share (%) within the Global Premium Apparel Market, 2019, 2024 & 2029

Top 10 Global Premium Apparel Markets by Value ($ bn) 2019, 2024 & 2029 with Forecast CAGR (%) 2024-2029

Top 10 Global Premium Apparel Markets by Forecast CAGR (%) 2024-2029

Category Shares within the Premium Apparel Market (%) 2019, 2024 & 2029

Global Premium Apparel Categories by Value ($ bn), 2019, 2024 & 2029 with Forecast CAGR (%) 2024-2029

Top 10 Premium Apparel Brands by Market Share (%), 2023 & 2024 with Change in Share 2023-2024

Lululemon’s Premium Apparel Market Share (%) 2019-2024

Levi's Premium Apparel Market Share (%) 2019-2024

Lacoste’s Premium Apparel Market Share (%) 2019-2024

Premium Apparel Market Size, Share and Trend Analysis by Segments, Region, Category Performance and Competitive Landscape to 2029 standard reports
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