Global Apparel Retail industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). 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 is segmented into childrenswear, menswear, and womenswear. The market value represents retail sales.
The global apparel retail industry recorded revenues of $1,554.3 billion in 2023, representing a compound annual growth rate (CAGR) of 1.3% between 2018 and 2023.
The womenswear segment accounted for the industry's largest proportion in 2023, with total revenues of $822.4 billion, equivalent to 52.9% of the industry's overall value.
The growth of the apparel retail industry is significantly driven by the expansion of online retail, which has become increasingly accessible and popular among consumers. The convenience of shopping online has led to a noticeable shift in consumer behavior, with more individuals turning to digital platforms for their fashion needs. According to GlobalData, the German online retail market reached $72.8 billion in 2023, marking a 1.2% increase from the previous year.
Scope
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the apparel retail market in the global
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global apparel retail market
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 Global apparel retail market with five year forecasts
Reasons to Buy
What was the size of the Global apparel retail market by value in 2023?
What will be the size of the Global apparel retail market in 2028?
What factors are affecting the strength of competition in the Global apparel retail market?
How has the market performed over the last five years?
What are the main segments that make up the global'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 are the strategies of the leading players?
7.3. What are the strengths of the leading players?
8 Company Profiles
8.1. Walmart Inc
8.2. Reliance Industries Ltd
8.3. Fast Retailing Co Ltd
8.4. H & M Hennes & Mauritz AB
8.5. Okinawa Electric Power Co Inc
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: Global apparel retail industry value: $ million, 2018-23
Table 2: Global apparel retail industry category segmentation: % share, by value, 2018-23
Table 3: Global apparel retail industry category segmentation: $ million, 2018-23
Table 4: Global apparel retail industry geography segmentation: $ million, 2023
Table 5: Global apparel retail industry distribution: % share, by value, 2023
Table 6: Global apparel retail industry value forecast: $ million, 2023-28