The revenue is forecast to experience significant growth in all segments in 2029. As part of the positive trend, the revenue achieves the maximum value across all three different segments by the end of the comparison period. Notably, the segment Women's Apparel stands out with the highest value of 1.1 trillion U.S. dollars.
The Apparel market comprises all clothing segments that are produced for private end customers and is broken down into the following product lines: Women’s Apparel, Men’s Apparel and Children’s Apparel. Work clothes as well as other personal accessories such as watches and jewelry, handbags or similar items that do not count as actual articles of clothing are not included. Nike, ZARA, H&M and Uniqlo are the most valuable fashion brands in the world. In addition, there are numerous small, middle-sized and big brands that operate successfully at a national or regional level. Along general lines, the distribution channels can be divided into stationary suppliers of multi-label products (department stores, traditional specialist shops), vertically integrated textile chains (e.g. H&M, Primark) and mail-order businesses (e-commerce, ordering by catalog). Furthermore, some fashion brands seek direct contact with their customers through single-label stores.
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Statista Market Insights. (September 27, 2024). Revenue in the Apparel market for different segments Worldwide from 2018 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/forecasts/1444927/revenue-apparel-market-for-different-segments-worldwide
Statista Market Insights. "Revenue in the Apparel market for different segments Worldwide from 2018 to 2029 (in billion U.S. dollars)." Chart. September 27, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/forecasts/1444927/revenue-apparel-market-for-different-segments-worldwide
Statista Market Insights. (2024). Revenue in the Apparel market for different segments Worldwide from 2018 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/forecasts/1444927/revenue-apparel-market-for-different-segments-worldwide
Statista Market Insights. "Revenue in The Apparel Market for Different Segments Worldwide from 2018 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 27 Sep 2024, https://www.statista.com/forecasts/1444927/revenue-apparel-market-for-different-segments-worldwide
Statista Market Insights, Revenue in the Apparel market for different segments Worldwide from 2018 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1444927/revenue-apparel-market-for-different-segments-worldwide (last visited December 21, 2024)
Revenue in the Apparel market for different segments Worldwide from 2018 to 2029 (in billion U.S. dollars) [Graph], Statista Market Insights, September 27, 2024. [Online]. Available: https://www.statista.com/forecasts/1444927/revenue-apparel-market-for-different-segments-worldwide