United States Womenswear Market Report and Forecast 2024-2032

United States Womenswear Market Size

The United States womenswear market is estimated to grow at a CAGR of 2.7% during the forecast period of 2024-2032. Increasing number of women in the workforce is aiding the market expansion.

United States Womenswear Market Outlook

The United States womenswear market expansion is being fuelled by the increasing proportion of women in workforce participation, which has substantially boosted their socio-economic status and contributed to the demand for trendy fashionable garments. The proliferation of social media platforms such as Instagram and TikTok has also led to an increased demand for branded apparel among women.

E-commerce platforms have witnessed a steady rise in the demand for womenswear as they provide consumers access to a wide range of luxury options at exclusive rates and have the provision of doorstep deliveries. Moreover, with the shift towards sustainability, the demand for ethically produced apparel has surged significantly among consumers which is expected to drive the United States womenswear market development over the forecast period.

The Rising Demand for Tops in Everyday Fashion is One of the Crucial United States Womenswear Market Trends

• Tops are expected to lead the market by type with a CAGR of 3.1% between 2024 and 2032. The essential role of tops in everyday fashion and constant updates in style and fabric are boosting the United States womenswear market revenue. 

• Dresses follow with a CAGR of 2.9%, supported by their continued popularity for both casual and formal occasions. 

• Outwear, with a CAGR of 2.8%, remains a key segment, particularly in regions with seasonal variations, where functionality and style merge. 

• Bottoms are estimated to grow at a CAGR of 2.6% during the forecast period of 2024-2032 due to their necessity across various demographics. Innovations in fashion are expected to shape the United States womenswear market dynamics in the forecast period.

• Intimates and sleepwear, with a CAGR of 2.4%, reflect a stable market, focusing on comfort and evolving consumer preferences. 

• As per the United States womenswear market analysis, the 'Others' category, with a CAGR of 2.2%, includes various additional clothing items contributing to overall market growth at a slower pace, often catering to niche markets.

The Rising Preference for Comfortable and Versatile Everyday Attire is Driving the United States Womenswear Market Growth

• Casual wear is projected to dominate the United States womenswear market share and grow at a CAGR of 3.0%, driven by the increasing preference for comfort and versatility in everyday attire. 

• Sports wear follows with a CAGR of 2.9%, reflecting the growing emphasis on active lifestyles and the popularity of athleisure trends. 

• Formal wear, with a CAGR of 2.6%, maintains its relevance, particularly in professional settings and special occasions, although its growth is relatively slower compared to more casual segments. 

• As per the United States womenswear industry statistics, the 'Others' category, with a CAGR of 2.4%, includes additional applications contributing to the overall market growth but at a slower pace due to their more specialised or seasonal nature.

United States Womenswear Market Regional Analysis

• The Far West region is expected to lead with a CAGR of 3.1% between 2024-2032. The United States womenswear demand growth is driven by a robust consumer base and a strong fashion industry that continues to innovate and expand. 

• The Rocky Mountain region follows with a CAGR of 2.9%, supported by increasing urbanisation and a growing preference for stylish and comfortable clothing. 

• The Southwest is projected to grow at a CAGR of 2.8% during the forecast period of 2024-2032. Rapid population growth and rising consumer spending on apparel in the region are creating lucrative United States womenswear market opportunities. 

• The Southeast region, growing at a CAGR of 2.7%, reflects steady demand fuelled by a mix of urban and suburban fashion trends. 

• New England, at 2.5%, exhibits moderate growth due to its well-established market with a focus on classic and professional attire. 

• The United States womenswear market regional insights suggest that the Mideast, Plains, and Great Lakes regions, with CAGRs of 2.3%, 2.2%, and 2.0%, respectively, experience slower growth due to smaller market sizes and a more conservative approach to fashion adoption.

Key Questions Answered in This Report:

• How has the United States womenswear market performed historically, and what are the growth expectations for the future?

• What are the primary factors influencing demand and growth in the United States womenswear market?

• What are the key segments within the United States womenswear market, and how are they expected to evolve over the forecast period?

• What are the major challenges and opportunities facing stakeholders in the United States womenswear market?

• Who are the key players in the United States womenswear market, and what strategies are they employing to maintain a competitive edge?

• What are the regulatory and policy factors influencing the United States womenswear market globally or regionally?

• How competitive is the United States womenswear market according to Porter's five forces analysis, including factors like bargaining power of buyers and suppliers?

• What are the current trends shaping the United States womenswear market landscape, and how are they expected to evolve in the future?

• How are technological advancements impacting the United States womenswear market, and what role do innovation and R&D play in driving growth?

• What are the consumer preferences and buying behavior trends influencing the United States womenswear market?

• How sustainable are current growth rates in the United States womenswear market, and what factors could potentially disrupt these trends?

• What are the regional dynamics within the United States womenswear market, and how do they contribute to overall market growth?

• What are the economic factors influencing the United States womenswear market, such as GDP growth, inflation rates, and currency fluctuations?

• How are demographic shifts, such as aging populations or urbanization trends, affecting demand in the United States womenswear market?

• What are the key strategic partnerships, mergers, and acquisitions shaping the competitive landscape of the United States womenswear market?

• What are the regulatory and legal frameworks impacting the United States womenswear market globally or in key regions?

• How are changing consumer lifestyles and preferences influencing product or service demand within the United States womenswear market?

• What are the emerging market trends and niche opportunities within the United States womenswear market that stakeholders should be aware of?

• How resilient is the United States womenswear market to external shocks or disruptions, such as geopolitical tensions or natural disasters?

• What are the potential barriers to market entry and growth for new players in the United States womenswear market?

Key Benefits for Stakeholders:

Expert Market Research's industry report provides a comprehensive quantitative analysis of various market segments, historical and current market trends, and forecasts the dynamics of the United States womenswear market spanning from 2018 to 2032.

The research report delivers up-to-date insights into the market drivers, challenges, and opportunities shaping the United States womenswear industry.

Stakeholders can leverage Porter's five forces analysis to assess the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. This analysis aids in evaluating the competitiveness and attractiveness of the United States womenswear market.

The competitive landscape section enables stakeholders to gain a deep understanding of their competitive environment. It offers insights into the current market positions of key players, their strategies, and their market shares.

Additionally, the report highlights emerging trends, regulatory influences, and technological advancements that are pivotal for stakeholders navigating the United States womenswear market landscape.

Key Highlights of the Report