Women Apparel Market Trends 2023, Size, Growth Drivers, Top Companies, Business Opportunities and Industry Analysis Till 2028 | IMARC Group

The latest report published by IMARC Group, titled “Women Apparel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the market trends. The report also includes competitor and regional analysis, and contemporary advancements in the market.

Market Overview:

The global women apparel market size reached US$ 965.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,207.4 Billion by 2028, exhibiting a growth rate (CAGR) of 3.5% during 2023-2028.

Year Considered to Estimate the Market Size:

  • Base Year of the Analysis: 2022
  • Historical Period: 2017-2022
  • Forecast Period: 2023-2028

Women apparel represents a broad category of products, such as formal wear, casual, and ethnic clothing. They are generally produced by using comfortable fabrics that are worn by women of all ages. The product offering is based on numerous seasons and cultural backgrounds that differ on the basis of the sizes, colors, patterns and prints, fabric materials, type of apparel, etc. Presently, key market players are introducing garments with enhanced aesthetic, comfort, and protection functionalities. They are commonly available across supermarkets and hypermarkets, multi-brand retail outlets, exclusive stores, etc.

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Market Trends:

The growing popularity of e-commerce platforms that provide faster delivery, discount coupons, easy accessibility and convenience, payment methods, and return policies to consumers, etc., is among the key factors stimulating the women apparel market. Moreover, the rising focus on the introduction of new styles and designs in formal wear, owing to the expanding female workforce participation by leading manufacturers, is acting as another significant growth-inducing factor. Besides this, the development of trendy clothes with numerous patterns, styles, fabrics, colors, and designs to keep consumers updated with the latest fashion trends is positively influencing the global market. Furthermore, the increasing concept of visual merchandising and the inflating number of fashion rental services are also propelling the market growth. Apart from this, the widespread adoption of innovative strategies, including 3D knitting machines and mass customization and personalization to reduce production costs and improve quality is further fueling the global market. Additionally, the rising improvements in the textile sector are anticipated to fuel the women apparel market over the forecasted period.



Women Apparel Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the women apparel market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  • Adidas AG
  • Burberry Group Plc
  • Dolce & Gabbana
  • Forever21
  • Giorgio Armani S.p.A.
  • Industria de Diseño Textil S.A.
  • Kering
  • L Brands Inc.
  • LVMH
  • PVH Corp.
  • Prada S.p.A.
  • Uniqlo Co. Ltd. (Fast Retailing Co. Ltd.)

Key Market Segmentation:

The report has segmented the global women apparel market based on product type, season, distribution channel and region.

Breakup by Product Type:

  • Tops and Dresses
  • Bottom Wear
  • Innerwear and Sleepwear
  • Coats, Jackets and Suits
  • Ethnic Wear
  • Others

Breakup by Season:

  • Summer Wear
  • Winter Wear
  • All Season Wear

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Exclusive Stores
  • Multi-Brand Retail Outlets
  • Online Stores
  • Others

Breakup by Region:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Ask Analyst for 10% Free Customized Report:
 https://www.imarcgroup.com/request?type=report&id=2434&flag=C

Key Highlights of the Report:

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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