As per MarkNtel Advisors The Global Apparel Market size was valued at around USD 1.34 trillion in 2023 & is projected to reach around USD 1.78 trillion by 2030. Along with this, the market is estimated to grow at a CAGR of around 4.3% during the forecast period, i.e., 2025-30.

Global Apparel Market Systems Market Outlook:

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Global Apparel Market Systems Market Segmentation:

By Type

-Formal Wear- Market Size & Forecast 2020-2030, USD Million

-Casual Wear- Market Size & Forecast 2020-2030, USD Million

-Sportswear- Market Size & Forecast 2020-2030, USD Million

-Sleepwear- Market Size & Forecast 2020-2030, USD Million

-Others (Party Wear, Swimwear, Ethnic Wear, etc.)- Market Size & Forecast 2020-2030, USD Million

By Fiber Type

-Natural Fibers- Market Size & Forecast 2020-2030, USD Million

-Animal Fibers- Market Size & Forecast 2020-2030, USD Million

-Mineral Fibers- Market Size & Forecast 2020-2030, USD Million

-Plant/Vegetable Fibers- Mineral Fibres- Market Size & Forecast 2020-2030, USD Million

-Man-made Fibers- Market Size & Forecast 2020-2030, USD Million

-Synthetic Fibers- Market Size & Forecast 2020-2030, USD Million

-Artificial/Regenerated Fibers- Market Size & Forecast 2020-2030, USD Million

-Inorganic Fibers- Market Size & Forecast 2020-2030, USD Million

By Distribution Channel

-Online Retail- Market Size & Forecast 2020-2030, USD Million

-Offline Retail- Market Size & Forecast 2020-2030, USD Million

-Fashion Stores- Market Size & Forecast 2020-2030, USD Million

-Shopping Malls- Market Size & Forecast 2020-2030, USD Million

-Local Retail Stores- Market Size & Forecast 2020-2030, USD Million

By Region

-North America

-South America

-Europe

-The Middle East & Africa

-Asia-Pacific.

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Global Apparel Market Driver:

Growing Popularity of Athleisure and Activewear Globally – The apparel industry is experiencing sizable growth because of the growing global demand for athleisure and activewear. This fashion has been fueled because the purchasers search for an extra comfortable lifestyle that blends athletic wear with ordinary informal garb. Factors driving this shift consist of an additional emphasis on fitness & health and changes in workplace dress codes towards more relaxed attire. Athleisure's versatility enables individuals to seamlessly transition from workout to social settings without changing outfits, making it attractive throughout various demographics.

The result has been increased demand for top-notch and stylish sports apparel that excels during workouts and fits fashionably outside of athletic contexts. Many people have embraced a more active routine while leaning towards easygoing clothing options. Consequently, there is a growing trend among traditional fashion brands and athletic wear companies like Adidas, Athleta, Asics, and Puma to allocate more resources toward developing fresh materials and creative designs along with marketing tactics to appeal to an expanding customer base. This has subsequently driven the overall growth & expansion of the apparel industry.

Report Highlights Essential Insights for Strategic Decision-Making

• Detailed market size, share, and forecast analysis
• In-depth pricing trends and segment-wise cost evaluations
• Key industry strategies, including innovation, partnerships, and acquisitions
• Critical value chain analysis and stakeholder profiling
• Regional import-export market insights and trade flow assessment
• Thorough competitive benchmarking of top hearing aid manufacturers
• Identification of new growth opportunities and niche market segments
• Overview of market trends, drivers, and challenges shaping future demand

Some of the leading players in the Global Apparel Market are:

PVH Corp., Inditex, Kering SA, LVMH Louis Vuitton Moët Hennessy, Aditya Birla Group,   H&M Hennes & Mauritz Retail Pvt. Ltd., Nike Inc., ASICS, Puma, Shein, Reliance Retail,   Capri Holdings Limited, Apparel Industries, Toray Industries, Inc., Steve Madden, and others

Research Methodology Summary

A systematic approach is used to ensure accurate market insights, combining both bottom-up and top-down methods. Data triangulation validates findings from multiple angles.

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About us

MarkNtel Advisors is a trusted global market research and consulting company providing intelligence across the fast-moving consumer goods (FMCG) landscape, covering consumer goods, food & beverage, personal care, and retail sectors. We analyze market trends, consumer behaviors, and innovation patterns to guide brands in optimizing product portfolios and retail strategies. Our Custom Market Analysis delivers business-specific insights that empower companies to expand market presence, enhance consumer engagement, and achieve profitable growth in competitive FMCG environments.

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