PUBLISHER: GlobalData | PRODUCT CODE: 1473210
PUBLISHER: GlobalData | PRODUCT CODE: 1473210
Clothing and Footwear Market Size, Trends and Analysis by Regional and Category Performance, Brands and Forecast to 2028
The Global Sector Series: Clothing & Footwear report offers comprehensive insight and analysis of the Clothing & Footwear market, the major players, the key trends and consumer attitudes. The report also includes consumer data from 2023.
The global clothing and footwear market grew just 4.2% in 2023 to reach $2,086bn, hampered by subdued consumer confidence in Europe and the US amid high inflation, with growth driven by price increases rather than volume. Asia Pacific remains the largest region within the global clothing and footwear market, with its share expected to grow even further, jumping 3.5ppts between 2023 and 2028 to account for 39.5% of spend. Middle East & Africa's share will grow slightly, from 3.0% in 2023 to 3.1% in 2028, boosted by affluent shoppers in Saudi Arabia and the UAE, but held back by geopolitical tensions from the Israel-Hamas war.
Scope
Growth will remain inhibited by inflation in 2024, rising just 2.6%
Asia Pacific's market share is forecast to rise 3.5ppts between 2023 and 2028
Shein became the largest global retailer in 2023 due to its unbeatable prices and vast assortment
Reasons to Buy
- Gain a comprehensive view of the global clothing and footwear market and forecasts to 2028
- Explore new opportunities that will allow you to align your product offerings and strategies to meet demand
- Investigate current and forecast trends in clothing and footwear to identify the opportunities offering the most potential
- Understand who the main competitors are in the global clothing and footwear market and their price positioning
Table of Contents
Table of Contents
01. Executive Summary
02. Key Trends in the Global Clothing & Footwear Market
- Drivers & Inhibitors
- Fashion's continued casualization will drive sportswear outperformance
- Sustainability is still proving a complex challenge for the fashion industry
- Blended multichannel propositions will be key to succeed in the future
- Retailer Strategies for Success
03. Global Market Size, 2018-2028
04. Regional Performance, 2018-2028
05. Category Performance, 2018-2028
06. Competitive Landscape: Market Shares & Retailer Profiles
- Top 20 brands 2022 & 2023
- Retailers in Focus: Shein
- Retailers in Focus: Zara
- Retailers in Focus: Nike
- Retailers in Focus: Uniqlo
- Retailers to Watch
07. Consumers
- Methodology
- Contact us
List of Tables
- Channels used to purchase Clothing & Footwear in Key Markets, 2023
- Factors That Most Influence Clothing & Footwear Purchases in Key Markets
List of Figures
- Global Clothing & Footwear Market Value, 2018, 2023 & 2028(f) ($ bn) with five-year CAGR (%)
- Global Clothing & Footwear Market Value ($ bn) 2018-2028, and Annual Growth (%)
- Global Clothing & Footwear Online Market ($ bn) and Online Penetration (%), 2018-2028
- Online and Offline Growth (%) within the Global Clothing & Footwear Market, 2018-2028
- Channel Shares (%) within the Global Clothing & Footwear Market, 2018, 2023 & 2028(f)
- Share of Global Clothing & Footwear Market by Region (%) 2018, 2023(f) & 2028(f)
- Regional Growth (%) within the Global Clothing & Footwear Market, 2018-2028
- Top 10 Global Clothing & Footwear Markets by Value ($ bn), 2023(f), 2024(f) & 2028(f)
- Top 10 Global Clothing & Footwear Markets by CAGR (%) 2023-2028
- Top 10 Global Clothing & Footwear Markets by Online Sales ($ bn), 2023(f), 2024(f) & 2028(f)
- Share of Global Clothing & Footwear Market by Category (%) 2018, 2023(f) & 2028(f)
- Global Clothing & Footwear Categories by Value ($ bn), 2023(f), 2024(f) & 2028(f)
- Top 20 Retailers by Market Share (%), 2022 & 2023 with Change in Share 2022-2023 (ppts)
- Clothing & Footwear Shopper Penetration & Profile in Key Markets, 2023
- How Frequently Consumers Purchase Clothing & Footwear in Key Markets
- Clothing & Footwear Fashion Preferences & Attitudes
- Clothing & Footwear Purchase Drivers
