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Industry News | Time: Mar 17 2023 10:06AM  Editor:Evelyn
Global Women's Apparel Market to Reach $1.2 Trillion by 2030
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In the changed post COVID-19 business landscape, the global market for Women`s Apparel estimated at US$794.2 Billion in the year 2022, is projected to reach a revised size of US$1.2 Trillion by 2030, growing at aCAGR of 5.3% over the period 2022-2030. Shirts, Blouses, Dresses & Skirts, one of the segments analyzed in the report, is projected to record 7.6% CAGR and reach US$263.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Trousers segment is readjusted to a revised 6.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $216.4 Billion, While China is Forecast to Grow at 8.7% CAGR

The Women`s Apparel market in the U.S. is estimated at US$216.4 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$260.4 Billion by the year 2030 trailing a CAGR of 8.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 4.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.

Source: internet

[RISK DISCLAIMER] All opinions, news, analysis, prices or other information contained on this report is provided by analyst of Zhejiang Huarui Information Consulting Co., Ltd (CCFGroup) as general market commentary and does not constitute investment advice. CCFGroup will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
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