The Apparel Market in Asia-Pacific to 2028

The Apparel Market in Asia-Pacific to 2028

Summary

The Apparel Market in Asia-Pacific to 2028 report offers comprehensive insight and analysis of the Asia-Pacific apparel market, the major players, category and markets analysis and consumer attitudes.

The apparel market in Asia-Pacific rose 5.1% in 2023 to $764.0bn, driven by a post-pandemic rebound in China after persistent lockdowns in 2022. 2024 has been a challenging year for the region, with a much more muted growth of 0.6% as China’s economy has been heavily impacted by the real estate crash and rising youth unemployment, alongside economic problems in Japan later in the year after a strong first half. Growth is expected to pick up from 2025 as the Chinese economy hopefully somewhat improves. Between 2023 and 2028, the region is expected to grow at a CAGR of 2.8%, mainly due to emerging economies and a rise in urban and middle class populations. As a result, Asia-Pacific will grow its share within the global market.

Scope

• The Asia-Pacific market will continue to outperform out to 2028, driven by emerging economies
• Growth in the online channel will remain stronger out to 2028
• Uniqlo’s became the region’s top brand

• Gain a comprehensive view of the Apparel Market in Asia-Pacific to 2028
• Explore new opportunities that will allow you to align your product offerings and strategies to meet demand in the Asia-Pacific apparel market
• Investigate current and forecast trends in the apparel market in Asia-Pacific to identify the opportunities offering the most potential
• Understand who the main players are in the apparel market in Asia-Pacific and gain insights into their market share