Asia-Pacific (APAC) Apparel Market Overview and Trend Analysis by Category and Forecasts to 2027

Asia-Pacific (APAC) Apparel Market Overview and Trend Analysis by Category and Forecasts to 2027

Summary

This databook uses data from GlobalData’s Apparel database showing the trends in the market and sectors by value and volume. It also reveals the brand leaders by market share in 2022 in each of the sectors as well as total apparel.

This databook provides both the historic and forecast market data of total apparel sales in APAC. It illustrates the data with charts, graphs and tables summarizing the value and volume trends, with category details in each sector. The forecasts include the impact of recent events on growth. The databook also reveals major brand’s share in apparel with their price and market positioning in 2022.

Scope

• The overall apparel market in APAC is forecast to grow at a CAGR of 7.2% between 2022 and 2027 to reach USD 1,012bn.
• Womenswear will grow at 7.0% to reach USD 404.3bn by 2027
• Trainers in Men's footwear dominate the sales and is expected to be the fastest-growing category
• Nike led the market in 2022 with a 2.0% market share followed by UNIQLO(1.7%) and Adidas(1.1%)

Reasons to Buy

• Gain a comprehensive view of the APAC apparel market and forecasts to 2027
• Explore new opportunities that will allow you to align your product offerings and strategies to meet demand following the impact of recent events on the apparel market in APAC
• Investigate current and forecast trends in the APAC apparel to identify the opportunities offering the most potential
• Understand who the main competitors are in the sector and their price positioning