Women Apparel Market Scope
Clothing is one of the basic need which keeps on changing the lifestyle and changes with the fashion trend. Women apparel refers to those items which may be worn by women including clothes, footwear, bags and others. Moreover, the rapid urbanization and the improvement in the standards of living coupled with increasing the disposable incomes have increased the market growth of the Global Women Apparel Market.
According to AMA, the Global Women Apparel market is expected to see growth rate of 3.79% and may see market size of USD672.31 Billion by 2026.
The Vendors having a strong hold in the market are Gap Inc, H&M, Inditex, Kering, L Brands and LVMH. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Women Apparel market throughout the predicted period.
PVH (United States), Puma (Germany), LVMH (France), H&M (Sweden), Hermès (France), Gap Inc. (United States), Burberry (United Kingdom), L Brands (United States), Inditex (Spain), Kering (France), Prada S.p.A. (Italy), Ralph Lauren (United States), Nike (United States), Uniqlo (Japan), Adidas (Germany), Zara (Spain), Hugo Boss (Germany) and Christian Dior SE(France) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Calvin Klein (United States), Tommy Hilfiger (Netherland), Lacoste (France), Hollister (United States) and Abercrombie & Fitch (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Women Apparel market by Type (Tops & Dresses, Bottom wear, Coats Jackets and Suits, Intimate Wear & Sleepwear, Sports/Active wear, Accessories and Others), by Application (Below 20 Years, 20-40 Years, 40-60 Years and Above 60 Years) and Region with country level break-up.
On the basis of geography, the market of Women Apparel 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).
Market Leaders and their expansionary development strategies
In June 2018, JD Sports Closes deal on USD 558 Million for Finish Line. JD is a sport fashion retail company engaged in the retail of branded sports fashion wear, and outdoor clothing and equipment for kids, women, and men.
Market Trend
- Mass Customization
- Premiumization through Well-Positioned Brands
- Changing Lifestyle and Fashion Trend
Market Drivers
- Rapid Urbanization and Increasing Disposable Income
- Expansion of Online Distribution Worldwide (Internet Of Thing)
- Influence of Media, Celebrity Endorsement, Promotional Discount and Festive Sale
Opportunities
- Multi-Functional Clothing
Restraints
- High Price of Specialized Clothing
- Requirement of Massive Investment for R&D
Challenges
- Availability of Counterfeit Product
- Rapid Change in Consumer Preference
Key Target Audience
Women Apparel Manufacturers, Women Apparel Dealers and Suppliers, Traders and Distributors, Food & Beverages Industries, Regulatory organizations., Raw material suppliers and distributors., Research organizations and consulting companies. and Market research and consulting firms