Apparel Market, Consumption, Production, Imports, Exports, Company Analysis, 2022-2030

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The global apparel market reached a value of nearly $527.1 billion in 2020, having declined at a compound annual growth rate (CAGR) of -0.6% since 2015.The decline during historic period is mainly due to lockdown and social distancing norms imposed by various countries and economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The apparel market is then expected to recover and grow at a CAGR of 9.8% from 2020 and reach $842.7 billion in 2025, and $1,138.8 billion in 2030.

Increasing penetration of social media is expected to drive the apparel market in the forecast period. Globally, social media penetration is increasing rapidly, and is expected to reach $4.41 billion by 2025. Social media channels connect influencers and fashion icons to people through their social feed and people come to know of the latest trends and other aspects of fashion.

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The apparel market is segmented -
• By Type: Women's Wear, Men's Wear, Kids Wear
• By Type Of Fiber: Man-Made Fibers, Cotton Fibers, Animal Based Fibers, Vegetable Based Fibers
• By Distribution Channel: Online Sales, Offline Sales

Major competitors in the apparel market include NIKE, Inc., Adidas AG, PVH Corp., Christian Dior SE, Hanesbrands Inc.

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The apparel market consists of sales of apparel by entities (organizations, sole traders and partnerships) that manufacture apparel. Apparel refers to clothing or garments in general. Apparel manufacturers cut and sew (i.e., purchase fabric and cut and sew to make a garment) and/or produce garments by first knitting fabric and then cutting and sewing the fabric into a garment.

The Table Of Content For The Apparel Market Include:
1. Apparel Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
……
27. Market Background: Apparel And Leather Products Market
28. Apparel Market Opportunities And Strategies
29. Apparel Market, Conclusions and Recommendations
30. Appendix

The Business Research Company's "Global Apparel Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.

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