Global Women Apparel Market 2023-2027
Technavio has been monitoring the women apparel market and is forecast to grow by USD 188.13 bn during 2022-2027, accelerating at a CAGR of 4.93% during the forecast period. Our report on the women apparel market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by premiumization through well-positioned brands, rising number of working women across the globe, and increasing focus on social media and celebrity endorsements.
Technavio's women apparel market is segmented as below:
By Product
- Tops and dresses
- Bottom wear
- Intimates and sleepwear
- Coats
- jackets
- suits
- Accessories and other clothing
By Distribution Channel
By Geography
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the virtual reality to enhance the shopping experience of consumers as one of the prime reasons driving the women apparel market growth during the next few years. Also, mass customization and personalization and rise in product visibility and accessibility through online retailing will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the women apparel market covers the following areas:
- Women apparel market sizing
- Women apparel market forecast
- Women apparel market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading women apparel market vendors that include Benetton Group Srl, Burberry Group Plc, CHANEL Ltd., Dolce and Gabbana S.r.l, Gianni Versace Srl, Giorgio Armani S.p.A., Hermes International SA, Industria de Diseno Textil SA, Kering SA, LVMH Moet Hennessy Louis Vuitton SE, Nike Inc., Prada Spa, PUMA SE, PVH Corp., Ralph Lauren Corp., The Gap Inc., Adidas AG, Hennes and Mauritz AB, Aditya Birla Management Corp. Pvt. Ltd., and Uniqlo Co Ltd. Also, the women apparel market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.