Clothing Market worth US$ $589 million 2019 with a moderate CAGR over the forecast period

Published Date: May 2023

The Textiles and Clothing (T&C) industry bears a significant role in international trade. The sector benefitted immensely in recent times, and globalization has offered great opportunities to the entire value chain from fiber to fashion. The growth in work and the resultant manufacturing activity in the producing countries generated many net business processes with tangible manufacturing activities and continuous new business formations with intangible activities like designing, branding, retailing, and trading. Most of these economic activities are highly labor intensive, and thus they created direct and indirect employment opportunities. This sector bolsters a more positive distributional effect with intensified manufacturing activities in relatively low-income countries.

The report "Clothing Market, By Women's Wear (Dresses & Skirts, Trousers, Blouses, Jerseys, Sweatshirts & Pullovers, Coats & Jackets, Suits & Ensembles, Sports & Swimwear, T-Shirts & Singlet’s, Night & Underwear (Women & Girls) and Blazers And Others), By Men's Wear (Trousers, Shirts, Jerseys, Sweatshirts & Pullovers, Coats & Jackets, Blazers, and Suits, Night & Underwear( Men's and Boys), T-Shirts & Singlet’s, Sports & Swimwear And Others), By Kid's Wear (Infant and Toddler Clothes, and Young Children Clothes) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis, and Forecast till 2030”. Global Clothing accounted for US$ $589 million in 2019 with a moderate CAGR over the forecast period. 

Key Highlights:

  • In August 2019, DIOR sparked CULTURAL APPROPRIATION CONTROVERSY WITH a NATIVE AMERICAN-INSPIRED CAMPAIGN. Dior has been accused of cultural appropriation after it released a preview of its new Native American-inspired fragrance campaign for “Sauvage.”

Key Market Insights from the report:        

The Global clothing market accounted for US$ $589 million in 2019 and is projected to register a moderate CAGR over the forecast period. The market report has been segmented based on the property type.

  • Based on women's wear, dresses & skirts are projected to dominate the market during the forecast period.
  • Based on men's wear, trousers are projected to dominate the market during the forecast period.
  • Based on kid's wear, young children's clothes are projected to dominate the market during the forecast period.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global Clothing Market”, By Women's Wear (Dresses & Skirts, Trousers, Blouses, Jerseys, Sweatshirts & Pullovers, Coats & Jackets, Suits & Ensembles, Sports & Swimwear, T-Shirts & Singlet’s, Night & Underwear (Women & Girls) and Blazers And Others), By Men's Wear (Trousers, Shirts, Jerseys, Sweatshirts & Pullovers, Coats & Jackets, Blazers, and Suits, Night & Underwear( Men's and Boys), T-Shirts & Singlet’s, Sports & Swimwear And Others), By Kid's Wear (Infant and Toddler Clothes, and Young Children Clothes) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030”

The prominent players in the Australia Plastic Packaging market include H&M Group, Adidas AG, Champion Europe, Christian Dior, Founder Sport Group, Intimates Online, Joe's Jeans Brand, LVMH, and Michael Kors.

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Some Important Points Answered in this Market Report Are Given Below:

  • Explains an overview of the product portfolio, including product development, planning, and positioning
  • Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
  • Detailed analysis of the market revenue over the forecasted period.
  • Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
  • Study on the segments that are anticipated to dominate the market.
  • Study on the regional analysis that is expected to register the highest growth over the forecast period

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