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Global Apparel, Accessories, and Footwear Market to Grow at a CAGR of 6.1% Between 2024 and 2032, Aided by the Rising Demand for Apparel, Accessories, and Footwear from the Online Retail Sector

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Global Apparel, Accessories, and Footwear Market Forecast: By Product Type: Shirt (Casual and Formal), Trouser (Casual and Formal), Top and Shorts, Sleepwear, Formal Shoes, Sports Shoes, Sandals and Flip Flops, Others; By Material Type; By End User; By Distribution Channel; Regional Analysis; Competitive Landscape; 2024-2032

Apparel, Accessories, and Footwear Market Share

Cotton material provides versatility, enabling manufacturers to create a wide variety of products suitable for diverse occasions and purposes.

As per the apparel, accessories, and footwear industry analysis, cotton's hypoallergenic properties make it suitable for people with sensitive skin or allergies. This characteristic drives its demand in categories like baby clothing, undergarments, and health-conscious consumer segments.

Synthetic fibres have become integral to modern fashion trends. Their versatility allows designers to create a wide range of styles, from high-fashion garments to everyday wear, contributing to their widespread use and popularity.

The apparel, accessories, and footwear demand growth is propelled by women's increasing presence in the global workforce, resulting in higher disposable incomes and greater expenditures on clothing, accessories, and footwear.

Women are leading the charge towards sustainable and ethical fashion. Brands that offer eco-friendly and ethically produced products are particularly appealing to female consumers, driving growth in these niche segments.

The active lifestyles of children and teenagers require durable and versatile clothing and footwear. The demand for sportswear, casual wear, and footwear designed for various activities contributes to market expansion.

Supermarkets and hypermarkets boost the apparel, accessories, and footwear market revenue by providing convenient access to a wide range of apparel, accessories, and footwear under one roof.

Supermarkets and hypermarkets often run promotional campaigns, seasonal sales, and discount events that attract price-sensitive consumers. These promotions stimulate demand and encourage repeat visits, contributing to apparel, accessories, and footwear demand forecast.

Meanwhile, online retailers offer a vast array of apparel, accessories, and footwear options, catering to diverse tastes, styles, sizes, and preferences. This extensive product range enhances customer choice and satisfaction.

Apparel, Accessories, and Footwear Market Report Snapshots

Apparel, Accessories, and Footwear Market Size

Apparel, Accessories, and Footwear Market Share

Apparel, Accessories, and Footwear Market Growth

Apparel, Accessories, and Footwear Market Trends

Apparel, Accessories, and Footwear Market Analysis

Apparel, Accessories, and Footwear Companies

Apparel, Accessories, and Footwear Market Regional Analysis

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

1   Preface
2   Report Coverage – Key Segmentation and Scope
3   Report Description
   3.1   Market Definition and Outlook
   3.2   Properties and Applications
   3.3   Market Analysis
   3.4   Key Players
4   Key Assumptions
5   Executive Summary
   5.1   Overview
   5.2   Key Drivers
   5.3   Key Developments
   5.4   Competitive Structure
   5.5   Key Industrial Trends
6   Market Snapshot
   6.1   Global
   6.2   Regional
7   Opportunities and Challenges in the Market
8   Global Apparel, Accessories, and Footwear Market Overview
   8.1   Key Industry Highlights
   8.2   Global Apparel, Accessories, and Footwear Historical Market (2018-2023)
   8.3   Global Apparel, Accessories, and Footwear Market Forecast (2024-2032)
   8.4   Global Apparel, Accessories, and Footwear Market by Product Type
       8.4.1   Shirt (Casual and Formal)
           8.4.1.1   Historical Trend (2018-2023)
           8.4.1.2   Forecast Trend (2024-2032)
       8.4.2   Trouser (Casual and Formal)
           8.4.2.1   Historical Trend (2018-2023)
           8.4.2.2   Forecast Trend (2024-2032)
       8.4.3   Top and Shorts
           8.4.3.1   Historical Trend (2018-2023)
           8.4.3.2   Forecast Trend (2024-2032)
       8.4.4   Sleepwear
           8.4.4.1   Historical Trend (2018-2023)
           8.4.4.2   Forecast Trend (2024-2032)
       8.4.5   Formal Shoes
           8.4.5.1   Historical Trend (2018-2023)
           8.4.5.2   Forecast Trend (2024-2032)
       8.4.6   Sports Shoes
           8.4.6.1   Historical Trend (2018-2023)
           8.4.6.2   Forecast Trend (2024-2032)
       8.4.7   Sandals and Flip Flops
           8.4.7.1   Historical Trend (2018-2023)
           8.4.7.2   Forecast Trend (2024-2032)
       8.4.8   Bags (Cross Body Bags, Mini, Tote, Clutches, Wallets)
           8.4.8.1   Historical Trend (2018-2023)
           8.4.8.2   Forecast Trend (2024-2032)
       8.4.9   Sports and Swimwear
           8.4.9.1   Historical Trend (2018-2023)
           8.4.9.2   Forecast Trend (2024-2032)
       8.4.10   Winterwear
           8.4.10.1   Historical Trend (2018-2023)
           8.4.10.2   Forecast Trend (2024-2032)
       8.4.11   Coats and Jackets
           8.4.11.1   Historical Trend (2018-2023)
           8.4.11.2   Forecast Trend (2024-2032)
       8.4.12   Others
   8.5   Global Apparel, Accessories, and Footwear Market by Material Type
       8.5.1   Cotton
           8.5.1.1   Historical Trend (2018-2023)
           8.5.1.2   Forecast Trend (2024-2032)
       8.5.2   Synthetic Fibre
           8.5.2.1   Historical Trend (2018-2023)
           8.5.2.2   Forecast Trend (2024-2032)
       8.5.3   Leather
           8.5.3.1   Historical Trend (2018-2023)
           8.5.3.2   Forecast Trend (2024-2032)
       8.5.4   Cellulosics
           8.5.4.1   Historical Trend (2018-2023)
           8.5.4.2   Forecast Trend (2024-2032)
       8.5.5   Others
   8.6   Global Apparel, Accessories, and Footwear Market by End User
       8.6.1   Men
           8.6.1.1   Historical Trend (2018-2023)
           8.6.1.2   Forecast Trend (2024-2032)
       8.6.2   Women
           8.6.2.1   Historical Trend (2018-2023)
           8.6.2.2   Forecast Trend (2024-2032)
       8.6.3   Kids and Teens
           8.6.3.1   Historical Trend (2018-2023)
           8.6.3.2   Forecast Trend (2024-2032)
   8.7   Global Apparel, Accessories, and Footwear Market by Distribution Channel
       8.7.1   Supermarkets and Hypermarkets
           8.7.1.1   Historical Trend (2018-2023)
           8.7.1.2   Forecast Trend (2024-2032)
       8.7.2   Convenience Stores
           8.7.2.1   Historical Trend (2018-2023)
           8.7.2.2   Forecast Trend (2024-2032)
       8.7.3   Speciality Stores
           8.7.3.1   Historical Trend (2018-2023)
           8.7.3.2   Forecast Trend (2024-2032)
       8.7.4   Online
           8.7.4.1   Historical Trend (2018-2023)
           8.7.4.2   Forecast Trend (2024-2032)
       8.7.5   Others
   8.8   Global Apparel, Accessories, and Footwear Market by Region
       8.8.1   North America
           8.8.1.1   Historical Trend (2018-2023)
           8.8.1.2   Forecast Trend (2024-2032)
       8.8.2   Europe
           8.8.2.1   Historical Trend (2018-2023)
           8.8.2.2   Forecast Trend (2024-2032)
       8.8.3   Asia Pacific
           8.8.3.1   Historical Trend (2018-2023)
           8.8.3.2   Forecast Trend (2024-2032)
       8.8.4   Latin America
           8.8.4.1   Historical Trend (2018-2023)
           8.8.4.2   Forecast Trend (2024-2032)
       8.8.5   Middle East and Africa
           8.8.5.1   Historical Trend (2018-2023)
           8.8.5.2   Forecast Trend (2024-2032)
9   North America Apparel, Accessories, and Footwear Market Analysis
   9.1   Market by Product Type
   9.2   Market by Material Type
   9.3   Market by End User
   9.4   Market by Sales Channel
   9.5   Market by Country
       9.5.1   United States of America
           9.5.1.1   Historical Trend (2018-2023)
           9.5.1.2   Forecast Trend (2024-2032)
       9.5.2   Canada
           9.5.2.1   Historical Trend (2018-2023)
           9.5.2.2   Forecast Trend (2024-2032)
10   Europe Apparel, Accessories, and Footwear Market Analysis
   10.1   Market by Product Type
   10.2   Market by Material Type
   10.3   Market by End User
   10.4   Market by Sales Channel
   10.5   Market by Country
       10.5.1   United Kingdom
           10.5.1.1   Historical Trend (2018-2023)
           10.5.1.2   Forecast Trend (2024-2032)
       10.5.2   Germany
           10.5.2.1   Historical Trend (2018-2023)
           10.5.2.2   Forecast Trend (2024-2032)
       10.5.3   France
           10.5.3.1   Historical Trend (2018-2023)
           10.5.3.2   Forecast Trend (2024-2032)
       10.5.4   Italy
           10.5.4.1   Historical Trend (2018-2023)
           10.5.4.2   Forecast Trend (2024-2032)
       10.5.5   Others
11   Asia Pacific Apparel, Accessories, and Footwear Market Analysis
   11.1   Market by Product Type
   11.2   Market by Material Type
   11.3   Market by End User
   11.4   Market by Sales Channel
   11.5   Market by Country
       11.5.1   China
           11.5.1.1   Historical Trend (2018-2023)
           11.5.1.2   Forecast Trend (2024-2032)
       11.5.2   Japan
           11.5.2.1   Historical Trend (2018-2023)
           11.5.2.2   Forecast Trend (2024-2032)
       11.5.3   India
           11.5.3.1   Historical Trend (2018-2023)
           11.5.3.2   Forecast Trend (2024-2032)
       11.5.4   ASEAN
           11.5.4.1   Historical Trend (2018-2023)
           11.5.4.2   Forecast Trend (2024-2032)
       11.5.5   Australia
           11.5.5.1   Historical Trend (2018-2023)
           11.5.5.2   Forecast Trend (2024-2032)
       11.5.6   Others
12   Latin America Apparel, Accessories, and Footwear Market Analysis
   12.1   Market by Product Type
   12.2   Market by Material Type
   12.3   Market by End User
   12.4   Market by Sales Channel
   12.5   Market by Country
       12.5.1   Brazil
           12.5.1.1   Historical Trend (2018-2023)
           12.5.1.2   Forecast Trend (2024-2032)
       12.5.2   Argentina
           12.5.2.1   Historical Trend (2018-2023)
           12.5.2.2   Forecast Trend (2024-2032)
       12.5.3   Mexico
           12.5.3.1   Historical Trend (2018-2023)
           12.5.3.2   Forecast Trend (2024-2032)
       12.5.4   Others
13   Middle East and Africa Apparel, Accessories, and Footwear Market Analysis
   13.1   Market by Product Type
   13.2   Market by Material Type
   13.3   Market by End User
   13.4   Market by Sales Channel
   13.5   Market by Country
       13.5.1   Saudi Arabia
           13.5.1.1   Historical Trend (2018-2023)
           13.5.1.2   Forecast Trend (2024-2032)
       13.5.2   United Arab Emirates
           13.5.2.1   Historical Trend (2018-2023)
           13.5.2.2   Forecast Trend (2024-2032)
       13.5.3   Nigeria
           13.5.3.1   Historical Trend (2018-2023)
           13.5.3.2   Forecast Trend (2024-2032)
       13.5.4   South Africa
           13.5.4.1   Historical Trend (2018-2023)
           13.5.4.2   Forecast Trend (2024-2032)
       13.5.5   Others
14   Market Dynamics
   14.1   SWOT Analysis
       14.1.1   Strengths
       14.1.2   Weaknesses
       14.1.3   Opportunities
       14.1.4   Threats
   14.2   Porter’s Five Forces Analysis
       14.2.1   Supplier’s Power
       14.2.2   Buyer’s Power
       14.2.3   Threat of New Entrants
       14.2.4   Degree of Rivalry
       14.2.5   Threat of Substitutes
   14.3   Key Indicators for Demand
   14.4   Key Indicators for Price
15   Value Chain Analysis
16   Competitive Landscape
   16.1   Market Structure
   16.2   Company Profiles
       16.2.1   Nike Inc.
           16.2.1.1   Company Overview
           16.2.1.2   Product Portfolio
           16.2.1.3   Demographic Reach and Achievements
           16.2.1.4   Certifications
       16.2.2   LVMH Moet Hennessy Louis Vuitton SE
           16.2.2.1   Company Overview
           16.2.2.2   Product Portfolio
           16.2.2.3   Demographic Reach and Achievements
           16.2.2.4   Certifications
       16.2.3   Kering SA
           16.2.3.1   Company Overview
           16.2.3.2   Product Portfolio
           16.2.3.3   Demographic Reach and Achievements
           16.2.3.4   Certifications
       16.2.4   Adidas AG
           16.2.4.1   Company Overview
           16.2.4.2   Product Portfolio
           16.2.4.3   Demographic Reach and Achievements
           16.2.4.4   Certifications
       16.2.5   Hermes International S.A.
           16.2.5.1   Company Overview
           16.2.5.2   Product Portfolio
           16.2.5.3   Demographic Reach and Achievements
           16.2.5.4   Certifications
       16.2.6   PUMA SE
           16.2.6.1   Company Overview
           16.2.6.2   Product Portfolio
           16.2.6.3   Demographic Reach and Achievements
           16.2.6.4   Certifications
       16.2.7   H&M Group
           16.2.7.1   Company Overview
           16.2.7.2   Product Portfolio
           16.2.7.3   Demographic Reach and Achievements
           16.2.7.4   Certifications
       16.2.8   ZARA
           16.2.8.1   Company Overview
           16.2.8.2   Product Portfolio
           16.2.8.3   Demographic Reach and Achievements
           16.2.8.4   Certifications
       16.2.9   Aditya Birla Fashion and Retail Ltd.
           16.2.9.1   Company Overview
           16.2.9.2   Product Portfolio
           16.2.9.3   Demographic Reach and Achievements
           16.2.9.4   Certifications
       16.2.10   Fung Group
           16.2.10.1   Company Overview
           16.2.10.2   Product Portfolio
           16.2.10.3   Demographic Reach and Achievements
           16.2.10.4   Certifications
       16.2.11   Newtimes Group
           16.2.11.1   Company Overview
           16.2.11.2   Product Portfolio
           16.2.11.3   Demographic Reach and Achievements
           16.2.11.4   Certifications
       16.2.12   MGF Sourcing US, LLC
           16.2.12.1   Company Overview
           16.2.12.2   Product Portfolio
           16.2.12.3   Demographic Reach and Achievements
           16.2.12.4   Certifications
       16.2.13   Sycamore Partners
           16.2.13.1   Company Overview
           16.2.13.2   Product Portfolio
           16.2.13.3   Demographic Reach and Achievements
           16.2.13.4   Certifications
       16.2.14   Others
17   Key Trends and Developments in the Market

List of Key Figures and Tables

1.   Global Apparel, Accessories, and Footwear Market: Key Industry Highlights, 2018 and 2032
2.   Global Apparel, Accessories, and Footwear Historical Market: Breakup by Product Type (USD Billion), 2018-2023
3.   Global Apparel, Accessories, and Footwear Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
4.   Global Apparel, Accessories, and Footwear Historical Market: Breakup by Material Type (USD Billion), 2018-2023
5.   Global Apparel, Accessories, and Footwear Market Forecast: Breakup by Material Type (USD Billion), 2024-2032
6.   Global Apparel, Accessories, and Footwear Historical Market: Breakup by End User (USD Billion), 2018-2023
7.   Global Apparel, Accessories, and Footwear Market Forecast: Breakup by End User (USD Billion), 2024-2032
8.   Global Apparel, Accessories, and Footwear Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
9.   Global Apparel, Accessories, and Footwear Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
10.   Global Apparel, Accessories, and Footwear Historical Market: Breakup by Region (USD Billion), 2018-2023
11.   Global Apparel, Accessories, and Footwear Market Forecast: Breakup by Region (USD Billion), 2024-2032
12.   North America Apparel, Accessories, and Footwear Historical Market: Breakup by Country (USD Billion), 2018-2023
13.   North America Apparel, Accessories, and Footwear Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.   Europe Apparel, Accessories, and Footwear Historical Market: Breakup by Country (USD Billion), 2018-2023
15.   Europe Apparel, Accessories, and Footwear Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.   Asia Pacific Apparel, Accessories, and Footwear Historical Market: Breakup by Country (USD Billion), 2018-2023
17.   Asia Pacific Apparel, Accessories, and Footwear Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.   Latin America Apparel, Accessories, and Footwear Historical Market: Breakup by Country (USD Billion), 2018-2023
19.   Latin America Apparel, Accessories, and Footwear Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.   Middle East and Africa Apparel, Accessories, and Footwear Historical Market: Breakup by Country (USD Billion), 2018-2023
21.   Middle East and Africa Apparel, Accessories, and Footwear Market Forecast: Breakup by Country (USD Billion), 2024-2032
22.   Global Apparel, Accessories, and Footwear Market Structure

Key Questions Answered in the Report

What was the global apparel, accessories, and footwear market value in 2023?

The apparel, accessories, and footwear market was valued at USD 2098.55 billion in 2023.

What is the growth rate of the market?

The market is projected to grow at a CAGR of 6.1% between 2024 and 2032.

What is the apparel, accessories, and footwear market forecast for 2024-2032?

The revenue generated from the apparel, accessories, and footwear market is expected to reach USD 3565.53 billion in 2032.

What are the major drivers of the market?

The market is being propelled by the growing fashion awareness and changing preferences of Generation Z, combined with the increasing disposable income and improving living standards in developing nations.

What are the key market trends?

The key trends aiding the market expansion include the growing investments in product marketing, increasing sales through e-commerce platforms, and growing preference for apparel and accessories made from sustainable materials.

What is the market breakup by region?

The market is broken down into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

What is the breakup of the market based on the material type?

The market is categorised according to the material type, which includes cotton, synthetic fibre, leather, cellulosic, and others.

Who are the key players in the global apparel, accessories, and footwear industry, according to the report?

The market key players are Nike Inc., LVMH Moet Hennessy Louis Vuitton SE, Kering SA, Adidas AG, Hermes International S.A., PUMA SE, H&M Group, ZARA, Aditya Birla Fashion and Retail Ltd., Fung Group, Newtimes Group, MGF Sourcing US, LLC, and Sycamore Partners, among others.

What is the breakup of the market based on the type?

The market is categorised according to the type, which includes shirts (casual and formal), trousers (casual and formal), tops and shorts, sleepwear, formal shoes, sports shoes, sandals and flip flops, bags (cross body bags, mini, tote, clutches, wallets), sports and swimwear, winterwear, coats and jackets, and others.

What is the breakup of the market according to the end user?

Based on the end user, the market is divided into men, women, kids and teens.

What is the breakup of the market according to the distribution channel?

Based on the distribution channel, the market is divided into supermarkets and hypermarkets, convenience stores, speciality stores, online, and others.

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