Market Overview:
The global casual apparel market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for casual apparel from the youth population and rising disposable income levels in emerging economies. In terms of type, shirts are expected to account for the largest share of the market during the forecast period, followed by pants. In terms of application, specialty stores are expected to account for the largest share of the market duringthe forecast period, followed by mall and e-commerce.
Product Definition:
Casual apparel is clothing generally considered less formal than conventional clothing, such as suits and ties. It can include things like T-shirts, jeans, and sneakers. Casual apparel is often worn in more relaxed settings, such as at home or when socializing with friends.
Shirts:
By the end of 19th century, there were several innovations that changed the fabric characteristics and cut used for shirts. The introduction of wrinkle-resistant fabrics such as flax linen; permanent crease-free shirts were developed. These new fabrics reduced laundry expenses by eliminating the need for ironing.
Pants:
Pants are a type of clothing designed to cover the legs and/or thighs of the wearer. They may be separate from but attached at the hip or knee, with zippers and buttons or Velcro on either side, and may have multiple pockets. Pants can also be used as an undergarment.
Application Insights:
The specialty stores segment held the largest share of over 60.0% in 2017. The growth can be attributed to the increasing preference for shopping for fashionable clothes and accessories at specialty stores, which offer a wider range of choices than conventional apparel shops. Moreover, rising demand for customized clothing is expected to drive the segment further during the forecast period.
Mall application is projected to be fastest-growing market with a CAGR of XX% from 2018 to 2030 owing to its growing penetration across various regions including Asia Pacific and Middle East & Africa where there has been an increase in consumer spending on luxury goods and services such as spas, restaurants, hotels etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in internet penetration and e-commerce industry, which has positively impacted the market growth. Countries such as China, India, Japan are some of the largest apparel markets globally.
The Middle East & Africa is anticipated to be one of fastest growing regional markets from 2018 to 2030 owing to increasing disposable income levels and improving economic conditions across countries such as South Africa, Saudi Arabia among others will drive demand for Casual Apparel over next eight years.
Growth Factors:
- Increasing disposable income of the population: The casual apparel market is expected to grow as the disposable income of the population increases. This is because people would be more inclined to spend on discretionary items such as clothing when their incomes rise.
- Changing fashion trends: Casual apparel is constantly evolving with new styles and designs being introduced all the time. This means that there is always something new for consumers to buy and keeps them coming back for more.
- Rising demand from young adults: A large portion of the casual apparel market comprises products aimed at young adults, who are typically more fashion-conscious than older consumers and are therefore more likely to purchase trendy items.
- Growing popularity of online shopping: With increasing internet penetration and rising awareness about online shopping, consumers are increasingly buying clothes online rather than in physical stores, which benefits players in the casual apparel market . 5) Innovation in product design and fabric technology: Players in this market continuously innovate their products by introducing new designs, fabrics, etc., in order to appeal to a wider audience
Scope Of The Report
Report Attributes
Report Details
Report Title
Casual Apparel Market Research Report
By Type
Shirts, Pants, Others
By Application
Specialty Stores, Mall, E-commerce, Others
By Companies
H&M, ZARA, Uniqlo, Louis Vuitton, Hermes, Rolex, Coach, Tommy Hilfiger, GAP, Hanes, ESPRIT, JACK&JONES, LEE, levi's, La Chapelle, Only, Vero Moda
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
163
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Casual Apparel Market Report Segments:
The global Casual Apparel market is segmented on the basis of:
Types
Shirts, Pants, Others
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
Specialty Stores, Mall, E-commerce, Others
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:
- H&M
- ZARA
- Uniqlo
- Louis Vuitton
- Hermes
- Rolex
- Coach
- Tommy Hilfiger
- GAP
- Hanes
- ESPRIT
- JACK&JONES
- LEE
- levi's
- La Chapelle
- Only
- Vero Moda
Highlights of The Casual Apparel 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:
- Shirts
- Pants
- Others
- By Application:
- Specialty Stores
- Mall
- E-commerce
- Others
- 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 Casual Apparel 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?
Casual apparel is clothing that is designed to be worn casually, such as jeans and a t-shirt.
Some of the key players operating in the casual apparel market are H&M, ZARA, Uniqlo, Louis Vuitton, Hermes, Rolex, Coach, Tommy Hilfiger, GAP, Hanes, ESPRIT, JACK&JONES, LEE, levi's, La Chapelle, Only, Vero Moda.
The casual apparel market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Casual Apparel Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Casual Apparel Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Casual Apparel Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Casual Apparel Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Casual Apparel Market Size & Forecast, 2020-2028
4.5.1 Casual Apparel Market Size and Y-o-Y Growth
4.5.2 Casual Apparel Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Shirts
5.2.2 Pants
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Specialty Stores
6.2.2 Mall
6.2.3 E-commerce
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Casual Apparel Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Casual Apparel Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Shirts
9.6.2 Pants
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Specialty Stores
9.10.2 Mall
9.10.3 E-commerce
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Shirts
10.6.2 Pants
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Specialty Stores
10.10.2 Mall
10.10.3 E-commerce
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Shirts
11.6.2 Pants
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Specialty Stores
11.10.2 Mall
11.10.3 E-commerce
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Shirts
12.6.2 Pants
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Specialty Stores
12.10.2 Mall
12.10.3 E-commerce
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Shirts
13.6.2 Pants
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Specialty Stores
13.10.2 Mall
13.10.3 E-commerce
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Casual Apparel Market: Competitive Dashboard
14.2 Global Casual Apparel Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 H&M
14.3.2 ZARA
14.3.3 Uniqlo
14.3.4 Louis Vuitton
14.3.5 Hermes
14.3.6 Rolex
14.3.7 Coach
14.3.8 Tommy Hilfiger
14.3.9 GAP
14.3.10 Hanes
14.3.11 ESPRIT
14.3.12 JACK&JONES
14.3.13 LEE
14.3.14 levi's
14.3.15 La Chapelle
14.3.16 Only
14.3.17 Vero Moda
