What is Womens Wear Market?
The increasing adoption of Internet in emerging countries like India has opened doors to wide opportunities for the womens wear manufacturers. This has expanded the reach of e-commerce channel to urban as well as rural areas. According to a survey, online womens wear market is forecast to grow by almost 50% over the next five years. The adoption of western fashion wears in womens has additionally supported the market growth.
Highlights from Womens Wear Market Study
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | GAP Inc. (United States), H & M Hennes & Mauritz AB (Sweden), The TJX Companies, Inc. (United States), Marks and Spencer Group plc (United Kingdom), Benetton Group (Italy), Pacific Brands Limited (Australia), Etam Development (France), Fast Retailing Co. Ltd. (Japan), Esprit Holdings Limited (Hong Kong), Aoyama Trading Co., Ltd. (Japan), BIBA Apparels Pvt. Ltd (India), Giorgio Armani S.p.A. (Italy), Christian Dior SE (France), PRADA (Italy), Guccio Gucci S.p.A. (Italy), Chanel (France), Mexx Group (Netherlands), Arcadia Group Limited (United Kingdom), NEXT plc (United Kingdom), Nordstrom, Inc. (United States) and Fabindia (India) |
The global womens wear market is largely competitive and consists of several vendors who compete based on factors such as cloth quality, design, and price. According to our study, intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant risk factors for the growth of manufacturer’s in womens wear market. Research Analyst at AMA predicts that United States and European Vendors will contribute to the maximum growth of Global Womens Wear market throughout the forecasted period.
GAP Inc. (United States), H & M Hennes & Mauritz AB (Sweden), The TJX Companies, Inc. (United States), Marks and Spencer Group plc (United Kingdom), Benetton Group (Italy), Pacific Brands Limited (Australia), Etam Development (France), Fast Retailing Co. Ltd. (Japan), Esprit Holdings Limited (Hong Kong), Aoyama Trading Co., Ltd. (Japan), BIBA Apparels Pvt. Ltd (India), Giorgio Armani S.p.A. (Italy), Christian Dior SE (France), PRADA (Italy), Guccio Gucci S.p.A. (Italy), Chanel (France), Mexx Group (Netherlands), Arcadia Group Limited (United Kingdom), NEXT plc (United Kingdom), Nordstrom, Inc. (United States) and Fabindia (India) are some of the key players profiled in the study. Womens Wear Market Segmentation:
Scope | Sub-Segments |
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Type | Ethnic Wear, Casual Wear, Festival/Special Wear, Sports Wear, Intimates & Sleepwear, Accessories and Other |
Wear Cloth | Plain,Design |
Womens Age | Upto 30 years,Above 30 years |
Wear Size | Small,Medium,Large,Extra Large,Other |
Sales Channel | Online Retails,Specialty Stores,Supermarkets,Hypermarkets,Brand Outlets,Other |
Cloth Type | Cotton,Nylon,Satin,Others |
On the basis of geography, the market of Womens Wear has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Trend for Fusion Styles Combined with Ethnic and Western Wear
Market Growth Drivers:
Increasing Adoption of E-Commerce Shopping, Growing Fashion Awareness among Womens and Increasing Promotional Activity of Brands Globally
Challenges:
New Brands Entering the Global Market
Restraints:
High Cost of Branded Womens Wear and Availability of Low-Cost Counterfeit Products
Opportunities:
Rapid Development and Globalization Different Types of Clothing, Growing Disposable Income Of Women and Continuous Innovation in Clothing Trend
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Womens Wear Manufacturer, Cloth Materials Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Users
Analyst Comment
The European manufacturers will contribute to the maximum growth of global womens wear market throughout the predicted period