Global Garments Market Report Size 2022 | Product Types and Application and Business Overview 2030
The recent analysis by Quadintel on the global Garments Market Report 2022 revolves around various aspects of the market, including characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends, strategies, etc. It also includes COVID-19 Outbreak Impact, accompanied by traces of the historic events. The study highlights the list of projected opportunities, sales and revenue on the basis of region and segments. Apart from that, it also documents other topics such as manufacturing cost analysis, Industrial Chain, etc. For better demonstration, it throws light on the precisely obtained data with the thoroughly crafted graphs, tables, Bar &Pie Charts, etc. Request To Download Free Sample of This Strategic Report: – https://www.quadintel.com/request-sample/garments-market/QI042 The Global Garments Market is projected to expand at a compound annual growth rate (CAGR) of 4.4% during the 2018-2023 period, generating revenue worth USD 1910.7 Bn by 2023. Key Companies Covered in the Global Garments Market Research are Gap Inc., H&M, Inditex, Kering, L Brands, LVMH, Nike, Adidas, Calvin Klein, Burton and other key market players. High-end and luxury brands are moving towards a see-now-buy-now model, in order to capitalize on consumers inclination for discretionary expenditure, thereby appealing to their desire for instant gratification. Reshoring (in the United States and Europe) and sustainable production are key strategies of manufacturers who are making significant investments in order to gain higher social acceptance, and to ensure faster deliveries with provisions for customizations. The global garments market can be segmented based on gender and type of product (womens and girls apparel, mens and boys apparel, intimates, hosiery, sports and swimwear, clothing accessories, and others), and based on distribution channel (online and offline). Gender and type of product segment insights: Womens and mens apparel section generates 63.8% of the revenue, and the rest is accounted for by hosiery, sports and swimwear, intimate apparel, and clothing accessories. Garments marketed as fast-fashion designs have a high number of takers, especially in the emerging markets. A rising middle class in emerging markets, along with their improved fashion-consciousness, is driving increased per capita expenditure. Market players are focusing on ensuring that the latest fashion trends can be incorporated into their offerings and they hit stores in a matter of weeks, resulting in the undercutting of specialist players who once led the industry. Distribution channel segment insights: Most of the market is still controlled by brick and mortar stores, though the growth rate of offline distribution is meagre. However, sale of garments online is expected to grow at a significant rate during the forecast period. In North America, 81% of sales in 2018 is expected to be through offline stores. Download Free Sample of This Strategic Report: – https://www.quadintel.com/request-sample/garments-market/QI042 Regional insights: In 2017, Asia-Pacific was the dominant garments market. During the 2018-2023 period, among all the regions across the globe, Latin America is expected to exhibit the highest CAGR of 6.8%. However, in 2017, in the U.K., revenue contribution from the mens and boys apparel section stood at 24.5%. The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries: By Geography Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand, and the Rest of Asia Pacific) Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and the Rest of Europe) Latin America (Brazil, Mexico, Argentina, and Rest of Latin America) Middle East & Africa (GCC, North Africa, South Africa, and Rest of the Middle East & Africa) North America (U.S. & Canada) North America garnered a substantial market share in the Global Garments Market , due to growing demand for Global Garments Market products, and rising disposable income, followed by Latin America, Europe, and the Middle East & Africa respectively. Presently, the Asia Pacific region conquers the Global Garments Market . (Check Our Exclusive Offer: 30% to 40% Discount) – https://www.quadintel.com/request-sample/garments-market/QI042 List of Factors Covered in the Report are: Major Strategic Developments: The report abides by quality and quantity. It covers the major strategic market developments, including R&D, M&A, agreements, new products launch, collaborations, partnerships, joint ventures, and geographical expansion, accompanied by a list of the prominent industry players thriving in the market on a national and international level. These responses will feature a comprehensive examination of the: The markets’ current infrastructures Market opportunities and challenges Future potential for growth in specific industries Major geographic and market segments to target, and […]
