The global apparel and footwear market size was USD 1,268.24 Billion in 2022 and is expected to register a rapid revenue CAGR of 18.5% during the forecast period. Ongoing trend to embrace athleisure culture, increasing working population incorporating fitness regimes in their daily routine, and rising initiatives taken by major market players to popularize gender-neutral fashion are key factors driving market revenue growth.

Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.

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Key companies operating in the Apparel and Footwear market include:

Nike, Inc., Puma SE, Adidas Group, Gap Inc., Calvin Klein, Inditex, S.A. (Zara), Ross Stores, Inc., Coach, Louis Vuitton, Chanel, Skechers USA, Inc., Biba Fashion Limited, Burberry Group plc, Asos plc, VF Corporation, H&M, Under Armour, Inc., NNNOW (Tommy Hilfiger Corporation), F21 IPCo, LLC., and New Balance

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Apparel and Footwear market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Key Benefits of the Report:

  • Comprehensive analysis of the competitive scenario and its changing dynamics
  • Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
  • In-depth 8-year analysis of the Global Apparel and Footwear Market
  • Critical understanding of the key market segments
  • Comprehensive analysis of the drivers, restraints, trends, and opportunities
  • Detailed regional analysis and extensive company profiling
  • Extensive assessment of current and emerging trends of the market

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Apparel and Footwear Market Segmentation:

  • Type Outlook (Revenue, USD Billion; 2019-2032)

    • Apparel
      • Tops
        1. T-Shirts
        2. Shirts
        3. Tank Tops
        4. Hoodies
        5. Sweatshirts
        6. Others
      • Bottoms
        1. Trousers
        2. Jeans
        3. Leggings
        4. Skirts
        5. Culottes
        6. Shorts
        7. Formal Pants
        8. Others
      • Dresses
        1. Maxi Dresses
        2. Mini Dresses
        3. Formal Dresses
        4. Bodycon Dresses
        5. Casual Dresses
        6. A-Line Dresses
        7. Wrap Dresses
        8. Others
      • Outerwear
        1. Jackets
        2. Blazers
        3. Shrugs
        4. Coats
        5. Vests
        6. Shrugs
        7. Others
    • Footwear
      • Flats
        1. Ballet Flats
        2. Moccasins
        3. Flip Flops
        4. Oxfords
        5. Espadrilles
        6. Sandals
        7. Others
      • Heels
        1. Stilettos
        2. Wedges
        3. Block Heels
        4. Platform Heels
        5. Kitten Heels
        6. Pumps
        7. Others
      • Boots
        1. Ankle Boots
        2. Loafer Boots
        3. Chelsea Boots
        4. Knee-High Boots
        5. Combat Boots
        6. Hiking Boots
        7. Riding Boots
        8. Others
      • Others
  • Price Range Outlook (Revenue, USD Billion; 2019-2032)

    • Luxury and High End
    • Mid-Range
    • Budget Friendly
  • Material Outlook (Revenue, USD Billion; 2019-2032)

    • Apparel Materials
      1. Silk
      2. Cotton
      3. Polyester
      4. Wool
      5. Rayon
      6. Nylon
      7. Modal
      8. Denim
      9. Fleece
      10. Others
    • Footwear Materials
      1. Leather
      2. Faux Leather
      3. Canvas
      4. Mesh
      5. Gore-Tex
      6. Felt
      7. Others

 

Apparel and Footwear Market Segmentation by Regions:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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