Asia-Pacific Apparel Retail Market Summary, Competitive Analysis and Forecast, 2017-2026
Summary
Apparel Retail in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The apparel retail market includes baby clothing, toddler clothing and casual wear, essentials, formalwear, formalwear-occasion, and outerwear for men, women, boys and girls; excludes sports-specific clothing. All market data and forecasts are represented as a consumer expenditure in retailers which includes sales taxes (e.g. VAT) and figures presented are in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2021 annual average exchange rates.
- The Asia-Pacific apparel retail industry had total revenues of $593.3 billion in 2021, representing a compound annual growth rate (CAGR) of 2.7% between 2017 and 2021.
- Clothing, footwear, and accessories specialists account for the largest proportion of sales in the Asia-Pacific apparel retail industry in 2021, sales through this channel generated $283.5 billion, equivalent to 47.8% of the industry's overall value.
- Indonesia’s unemployment rate decreased to 6.5% in 2021, down from 7.1% in 2020. This is likely to have strengthened consumers’ purchasing power, leading to an increase in spending on non-essential items such as new fashions.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the apparel retail market in Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the apparel retail market in Asia-Pacific
- Leading company profiles reveal details of key apparel retail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Asia-Pacific apparel retail market with five year forecasts by both value and volume
- What was the size of the Asia-Pacific apparel retail market by value in 2021?
- What will be the size of the Asia-Pacific apparel retail market in 2026?
- What factors are affecting the strength of competition in the Asia-Pacific apparel retail market?
- How has the market performed over the last five years?
- What are the main segments that make up Asia-Pacific's apparel retail market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive Landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 4.3. Market distribution
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do leading players follow?
- 7.3. What are the strengths of leading players?
- 7.4. What challenges do leading players face?
- 8 Company Profiles
- 8.1. Reliance Industries Limited
- 8.2. Wesfarmers Limited
- 8.3. Fast Retailing Co Ltd
- 8.4. Pan Pacific International Holdings Corp
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Asia-Pacific apparel retail industry value: $ million, 2016–21
- Table 2: Asia–Pacific apparel retail industry category segmentation: % share, by value, 2016–2021
- Table 3: Asia-Pacific apparel retail industry category segmentation: $ million, 2016-2021
- Table 4: Asia–Pacific apparel retail industry geography segmentation: $ million, 2021
- Table 5: Asia-Pacific apparel retail industry distribution: % share, by value, 2021
- Table 6: Asia-Pacific apparel retail industry value forecast: $ million, 2021–26
- Table 7: Reliance Industries Limited: key facts
- Table 8: Reliance Industries Limited: Annual Financial Ratios
- Table 9: Reliance Industries Limited: Key Employees
- Table 10: Wesfarmers Limited: key facts
- Table 11: Wesfarmers Limited: Annual Financial Ratios
- Table 12: Wesfarmers Limited: Key Employees
- Table 13: Fast Retailing Co Ltd: key facts
- Table 14: Fast Retailing Co Ltd: Annual Financial Ratios
- Table 15: Fast Retailing Co Ltd: Key Employees
- Table 16: Fast Retailing Co Ltd: Key Employees Continued
- Table 17: Fast Retailing Co Ltd: Key Employees Continued
- Table 18: Pan Pacific International Holdings Corp: key facts
- Table 19: Pan Pacific International Holdings Corp: Annual Financial Ratios
- Table 20: Pan Pacific International Holdings Corp: Key Employees
- Table 21: Pan Pacific International Holdings Corp: Key Employees Continued
- Table 22: Asia-Pacific exchange rate, 2017–21
- List of Figures
- Figure 1: Asia-Pacific apparel retail industry value: $ million, 2016–21
- Figure 2: Asia-Pacific apparel retail industry category segmentation: $ million, 2016-2021
- Figure 3: Asia–Pacific apparel retail industry geography segmentation: % share, by value, 2021
- Figure 4: Asia-Pacific apparel retail industry distribution: % share, by value, 2021
- Figure 5: Asia-Pacific apparel retail industry value forecast: $ million, 2021–26
- Figure 6: Forces driving competition in the apparel retail industry in Asia-Pacific, 2021
- Figure 7: Drivers of buyer power in the apparel retail industry in Asia-Pacific, 2021
- Figure 8: Drivers of supplier power in the apparel retail industry in Asia-Pacific, 2021
- Figure 9: Factors influencing the likelihood of new entrants in the apparel retail industry in Asia-Pacific, 2021
- Figure 10: Factors influencing the threat of substitutes in the apparel retail industry in Asia-Pacific, 2021
- Figure 11: Drivers of degree of rivalry in the apparel retail industry in Asia-Pacific, 2021
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