Apparel Retail in Asia-Pacific
SummaryApparel Retail in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Childrenswear includes all clothing designed for children between the ages of 0-15, such as baby clothing, boys’ casualwear, boys’ school wear, boys’ underwear (vests, underpants, socks) and nightwear, boys’ formalwear-occasion, boys’ outerwear including regional or national attire, girls’ casualwear, girls’ school wear, girls’ underwear (knickers, bras, vests, socks, and tights) and nightwear, girls’ formalwear-occasion, girls’ outerwear including regional and national attire, such as saris, and toddler clothing. It also includes all sportswear and fancy dress.
- The Asia-Pacific apparel retail industry had total revenues of $538.7 billion in 2022, representing a compound annual growth rate (CAGR) of 1.4% between 2017 and 2022.
- The womenswear segment accounted for the industry's largest proportion in 2022, with total revenues of $297.9 billion, equivalent to 55.3% of the industry's overall value.
- Factors such as reducing unemployment, rising disposable income, and increasing standard of living are contributing to the growth in demand for different types of apparel such as fashion clothing, formal clothing, and sports leisure clothing. For instance, according to in-house research, in 2022, the net household disposable income of India reached $2.02 trillion, an increase of 9.9% from 2021.
Scope
- 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
Reasons To Buy
- What was the size of the Asia-Pacific apparel retail market by value in 2022?
- What will be the size of the Asia-Pacific apparel retail market in 2027?
- 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?
- Who are the top competitors in Asia-Pacific's apparel retail market?
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