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Fact.MR projects the global women’s wear market to reach an US$829.6 bn valuation by the end of 2022. Among various categories of women’s wear, ethnic wear is poised to be valued at a US$64.1 bn by the same year. This segment could also post a higher CAGR among other women’s wear categories during the forecast period 217-2022. By revenue, it secures close to a tenth of the total share of the global women’s wear market. Moreover, this share of the global women’s wear market could increase in the near future. Women’s wear can be classified into other categories such as footwear, accessories, trousers/skirts, sportswear, tops/shirts/T-shirts, sleepwear, winter wear, and innerwear.
On the basis of demographics, the global women’s wear market is segregated into 66+, 56-65, 46-55, 36-45, 26-35, and 18-25. By the end of the forecast period, a US$31.0 bn valuation could be obtained by the 18-25 women’s wear market. This segment is foretold to post a 5.4% CAGR during the said forecast period. By the final forecast year, it could gain a significant share of the global women’s wear market. Currently, it nearly collects a third of the total revenue share of the global women’s wear market.
The global Women’s wear market is anticipated to gain momentum in its growth as fashion continues to evolve in the coming years. One of the most significant aspects of women’s wear is undoubtedly fashion. Today, women’s wear has become a fashion statement. Thus, with increasing interest in fashion, the global women’s wear market is expected to achieve strong success, at least until the end of 2022. Asia Pacific and other emerging regions witnessing an increase in disposable income of consumers could set the tone for valuable growth in the global women’s wear market.
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The report is compiled with the use of modern research techniques and various data sources in order to provide a complete study of the global women’s wear market. It sheds light on how the global women’s wear market could shape in the foreseeable future. Different segments of the global women’s wear market are broadly studied in the report with a view to explore and point out key growth opportunities for manufacturers. Even the competitive landscape is comprehensively analyzed in the report as the authors profile important companies operating in the global women’s wear market.
Women’s wear, basically any type of wear, expresses the personality of the wearer. Women’s wear is in high demand these days. Women’s wear ranges from footwear to innerwear to ethnic wear. There are various factors that revolve around the global Women’s wear market and could push its growth in the near future.
Additional Questions Answered
The authors of the report answer key questions raised by readers. For instance:
- Which demographic will collect a king’s share of the global women’s wear market?
- Will the ethnic type of women’s wear draw more demand in future?
- How will the APEJ market for women’s wear take the lead in terms of revenue?
- How will be the global women’s wear market bifurcated on the basis of price?
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