According to IMARC Group’s latest report, titled “Women Apparel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global women apparel market grew at a CAGR of 4.8% during 2015-2020. Looking forward, IMARC Group expects the global market to grow at a CAGR of 4.2% during 2021-2026.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.
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Women’s apparel refers to different pieces of clothing that are worn by women. These clothes include a broad category of products, ranging from ethnic to formal wear, available in a variety of sizes and prices. Over the years, there has been an increase in the demand for sustainable and environment-friendly apparel on account of rising environmental concerns and inflating income levels.
Market Trends and Drivers:
The women apparel market is primarily experiencing growth on account of the increasing number of online retail stores. This can be accredited to the rising internet penetration and numerous associated benefits, such as faster delivery, discount coupons, convenience, easy accessibility and return policies, and different means for payment. Besides this, leading manufacturers are providing exclusive high fashion clothing items, along with an extensive range of new designs and styles, especially in formal wear. They are also focusing on introducing trendy clothes with innovative patterns, designs, colors, fabrics, and styles to expand their consumer base. Furthermore, widespread adoption of innovative strategies, such as personalization, and mass customization, and 3D printing to improve the quality of products and minimize production costs, are contributing to the market growth. Other factors, such as the growing concept of visual merchandising and the rising trend of fashion rental services, are favorably impacting the growth of the market.
Women Apparel Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the global 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
Giorgio Armani S.p.A.
Kering
L Brands Inc.
Prada S.p.A.
Dolce & Gabbana S.r.l.
Forever 21 (Aditya Birla Fashion & Retail Limited)
LVMH Group
PVH Corp
Uniqlo Co. Ltd.
Industria de Diseno Textil, S.A.
Key Market Segmentation:
The report has segmented the global women apparel market on the basis of 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
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Key Highlights of the Report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
The Impact of COVID-19 on the Global Market
Value Chain Analysis
Structure of the Global Market
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.
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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.
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