Market Overview:
The global apparel, footwear, and accessories market is expected to reach a value of USD 1.5 trillion by 2030, registering a CAGR of 5.1% during the forecast period (2018-2030). The market growth can be attributed to the increasing demand for apparels and footwear across the globe. In addition, rising disposable income and changing lifestyle are also propelling the demand for apparel and footwear products. Moreover, growing e-commerce penetration is providing a platform for retailers to sell their products online and is contributing to the growth of this market. On the basis of type, the apparel segment accounted for majority share in 2017 and is projected to maintain its dominance throughout the forecast period. This can be attributed to increasing demand from women consumers across different regions globally. Additionally, on account of changing fashion trends among men consumers coupled with rising disposable income in developing countries such as China & India;the men’s apparel segment is anticipated witness high growth rate during 2018-2030 . Based on application , department stores held major share in 2017 followed by boutiques . However , retailers are expected witness highest CAGR over next 10 years owing growing trend among millennials towards omni -channel retailing .
Product Definition:
Apparel Footwear and Accessories is the clothing that we wear on our feet and hands. It can be used to protect us from the weather or to make a fashion statement.
Apparel:
Apparel is a flexible term used for clothing and other textile items worn by humans. It can be categorized as inner wear, outer wear or undergarments. Apparel footwear and accessories are designed to enhance the personal appearance of a person by protecting them from heat, cold, rain or shine.
Footwear:
The global footwear and apparel market is expected to witness significant growth over the forecast period. The primary factor responsible for this growth is increasing population coupled with rapid urbanization in emerging economies such as China, India, and Brazil. In addition, changing lifestyles along with rising disposable income of consumers will fuel demand for footwear over the next few years.
Application Insights:
The department stores segment held the largest share of over 60.0% in 2017. The growth can be attributed to the increasing spending on clothing and footwear by a single person as well as couple in order to express their personal taste and fashion sense respectively. Departmental stores are also likely to benefit from the growing preference for shopping for clothes both new season's collection and ready-to-wear among other things which is expected to boost their business further over the next few years.
Regional Analysis:
North America dominated the global apparel footwear and accessories market in 2017. The region is expected to maintain its dominance over the forecast period as well. This can be attributed to increasing demand for fashionable apparels in countries, such as U.S., Canada, and Mexico. Furthermore, rising consumer awareness regarding health & safety coupled with high purchasing power of consumers are driving industry growth in North America region.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to growing population.
Growth Factors:
- Increasing disposable income of consumers: The apparel, footwear, and accessories market is expected to grow as the disposable income of consumers increases. This is because as the disposable income of people rises, they are able to spend more on discretionary items such as clothing and accessories.
- Changing fashion trends: The apparel, footwear, and accessories market is also expected to grow due to changing fashion trends. As new styles come into vogue, people are likely to purchase more clothing and accessories in order to keep up with the latest trends.
- Growing demand for luxury goods: Another factor that is driving growth in the apparel, footwear, and accessories market is increasing demand for luxury goods. Consumers are increasingly willing to pay high prices for designer clothes and other luxury items such as handbags and watches.
Scope Of The Report
Report Attributes
Report Details
Report Title
Apparel Footwear and Accessories Market Research Report
By Type
Apparel, Footwear, Accessories
By Application
Department stores, Boutiques, Retailers, Specialty stores, Online
By Companies
Gap, H&M, Inditex (Zara), Kering, LVMH, Nike, PVH, Adidas, Burberry, Hermès, Michael Kors, Prada, Ralph Lauren, Uniqlo
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Apparel Footwear and Accessories Market Report Segments:
The global Apparel Footwear and Accessories market is segmented on the basis of:
Types
Apparel, Footwear, Accessories
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Department stores, Boutiques, Retailers, Specialty stores, Online
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Gap
- H&M
- Inditex (Zara)
- Kering
- LVMH
- Nike
- PVH
- Adidas
- Burberry
- Hermès
- Michael Kors
- Prada
- Ralph Lauren
- Uniqlo
Highlights of The Apparel Footwear and Accessories Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Apparel
- Footwear
- Accessories
- By Application:
- Department stores
- Boutiques
- Retailers
- Specialty stores
- Online
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Apparel Footwear and Accessories Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Apparel Footwear and Accessories is a category that includes items such as shoes, boots, sandals, hats, and other headwear. This category also includes clothing such as jeans, skirts, blouses and other garments.
Some of the key players operating in the apparel footwear and accessories market are Gap, H&M, Inditex (Zara), Kering, LVMH, Nike, PVH, Adidas, Burberry, HermƒÂ¨s, Michael Kors, Prada, Ralph Lauren, Uniqlo.
The apparel footwear and accessories market is expected to grow at a compound annual growth rate of 5.1%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Apparel Footwear and Accessories Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Apparel Footwear and Accessories Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Apparel Footwear and Accessories Market - Supply Chain
4.5. Global Apparel Footwear and Accessories Market Forecast
4.5.1. Apparel Footwear and Accessories Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Apparel Footwear and Accessories Market Size (000 Units) and Y-o-Y Growth
4.5.3. Apparel Footwear and Accessories Market Absolute $ Opportunity
5. Global Apparel Footwear and Accessories Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Apparel Footwear and Accessories Market Size and Volume Forecast by Type
5.3.1. Apparel
5.3.2. Footwear
5.3.3. Accessories
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Apparel Footwear and Accessories Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Apparel Footwear and Accessories Market Size and Volume Forecast by Application
6.3.1. Department stores
6.3.2. Boutiques
6.3.3. Retailers
6.3.4. Specialty stores
6.3.5. Online
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Apparel Footwear and Accessories Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Apparel Footwear and Accessories Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Apparel Footwear and Accessories Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Apparel Footwear and Accessories Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Apparel Footwear and Accessories Demand Share Forecast, 2019-2026
9. North America Apparel Footwear and Accessories Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Apparel Footwear and Accessories Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Apparel Footwear and Accessories Market Size and Volume Forecast by Application
9.4.1. Department stores
9.4.2. Boutiques
9.4.3. Retailers
9.4.4. Specialty stores
9.4.5. Online
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Apparel Footwear and Accessories Market Size and Volume Forecast by Type
9.7.1. Apparel
9.7.2. Footwear
9.7.3. Accessories
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Apparel Footwear and Accessories Demand Share Forecast, 2019-2026
10. Latin America Apparel Footwear and Accessories Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Apparel Footwear and Accessories Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Apparel Footwear and Accessories Market Size and Volume Forecast by Application
10.4.1. Department stores
10.4.2. Boutiques
10.4.3. Retailers
10.4.4. Specialty stores
10.4.5. Online
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Apparel Footwear and Accessories Market Size and Volume Forecast by Type
10.7.1. Apparel
10.7.2. Footwear
10.7.3. Accessories
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Apparel Footwear and Accessories Demand Share Forecast, 2019-2026
11. Europe Apparel Footwear and Accessories Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Apparel Footwear and Accessories Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Apparel Footwear and Accessories Market Size and Volume Forecast by Application
11.4.1. Department stores
11.4.2. Boutiques
11.4.3. Retailers
11.4.4. Specialty stores
11.4.5. Online
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Apparel Footwear and Accessories Market Size and Volume Forecast by Type
11.7.1. Apparel
11.7.2. Footwear
11.7.3. Accessories
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Apparel Footwear and Accessories Demand Share, 2019-2026
12. Asia Pacific Apparel Footwear and Accessories Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Apparel Footwear and Accessories Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Apparel Footwear and Accessories Market Size and Volume Forecast by Application
12.4.1. Department stores
12.4.2. Boutiques
12.4.3. Retailers
12.4.4. Specialty stores
12.4.5. Online
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Apparel Footwear and Accessories Market Size and Volume Forecast by Type
12.7.1. Apparel
12.7.2. Footwear
12.7.3. Accessories
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Apparel Footwear and Accessories Demand Share, 2019-2026
13. Middle East & Africa Apparel Footwear and Accessories Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Apparel Footwear and Accessories Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Apparel Footwear and Accessories Market Size and Volume Forecast by Application
13.4.1. Department stores
13.4.2. Boutiques
13.4.3. Retailers
13.4.4. Specialty stores
13.4.5. Online
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Apparel Footwear and Accessories Market Size and Volume Forecast by Type
13.7.1. Apparel
13.7.2. Footwear
13.7.3. Accessories
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Apparel Footwear and Accessories Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Apparel Footwear and Accessories Market: Market Share Analysis
14.2. Apparel Footwear and Accessories Distributors and Customers
14.3. Apparel Footwear and Accessories Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Gap
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. H&M
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Inditex (Zara)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kering
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. LVMH
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Nike
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. PVH
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Adidas
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Burberry
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Hermès
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Michael Kors
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Prada
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Ralph Lauren
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Uniqlo
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
