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Apparel Market 2023-32 : Industry Analysis, Size, Share, Growth And Forecast | Nike Inc., VF Corp, Adidas AG, Hanesbrands Inc., Levi Strauss & Co., Kering SA, Under Armour Inc.
Apparel Market
As per the apparel market report by The Business Research Company, the Increasing demand for online shopping is expected to help the apparel manufacturing market grow. Manufacturers can now sell their products on a larger platform than before, which will increase their customer base geographically driving the growth of the apparel manufacturing market.
The global apparel market grew from $610.12 billion in 2022 to $652.94 billion in 2023 at a compound annual growth rate (CAGR) of 7.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The apparel market is expected to grow to $830.69 billion in 2027 at a CAGR of 6.2%.
Read More On The Apparel Market Report Here:
https://www.thebusinessresearchcompany.com/report/apparel-global-market-report
Major players in the Apparel market are Nike Inc., VF Corp, Adidas AG, Hanesbrands Inc., Levi Strauss & Co., Kering SA, Under Armour Inc., Mitsui, Berkshire Hathaway Inc. and Itochu Corp.
The Apparel market is segmented -
1) By Type: Womens Wear, Mens Wear, Kids Wear
2) By Distribution Channel: Retail Stores, Online Stores
3) By Type of Fiber: Man-Made Fibers, Cotton Fibers, Animal Based Fibers, Vegetable Based Fibers
Request A Free Sample Of The Apparel Market Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2970&type=smp
Apparel refers to any clothing made of textiles created by weaving, knitting, or felting, in whole or in part, that is worn on a special occasion to build culture and create an aesthetic appearance in the home and on official occasions.
The Table Of Content For The Apparel Market Include:
1. Executive Summary
2. Report Structure
3. Apparel Market Characteristics
4. Apparel Market Product Analysis
5. Apparel Market Supply Chain
……
22. Key Mergers And Acquisitions In The Apparel Market
24. Recommendations
25. Appendix
26. Copyright And Disclaimer
The "Global Apparel Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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