Growth of e-commerce industry to prosper sales of womenswear by the end of 2022

Posted by AayushFMR on January 27th, 2021

Analysis of the Global Womenswear Market

A recent market research report on the Womenswear Market published by Fact.MR is an in-depth assessment of the current landscape of the market. Further, the report elaborates on the different segments of the Womenswear Market and offers a thorough understanding of the growth potential of each market segment over the forecast period (2017-2022). The report analyzes the micro and macro-economic factors that are projected to impact the growth of the Womenswear Market in the upcoming years.

The global womenswear 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.

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Key Insights Enclosed in the Report

  • Key technological developments related to the Womenswear Market Forecast
  • Assessment of the product pricing strategies of prominent market players
  • Country-wise analysis of the Womenswear Market in different regions
  • Analysis of the supply-demand ratio, value chain, consumption and more
  • Adoption of the Womenswear Marketin various end-use industries

Segmentation of the Womenswear Market

The presented report dissects the Womenswear Market into different segments and ponders over the current and future prospects of each segment. The report depicts the year-on-year growth of each segment and touches upon the different factors that are likely to influence the growth of each market segment.

The improved ratio of women to men along with increasing number of working female population is impacting the market positively. According to the World Bank data, women comprise around xx% of workforce across the world. The number has seen an upward trend in last two decades, according to UN Women. With the feminine segment of the society having better access to and engagement with internet along with the independence of decision making, the manufacturers are continuously offer trendy products thereby contributing to the growth of the market.

Continuous innovation in clothing trends, celebrity endorsements, magazines dedicated to fashion statements are expected to boost the global women wear market. Furthermore, it is observed that brands not only are innovating the trends in general but are also focusing on introducing apparel, footwear, and accessories suitable for various occasions. Going a step ahead, trend for fashion specific to venues has been gaining increasing acceptance, majorly influenced by celebrity endorsements such as the airport look, workout look, and others.

Important doubts related to the Womenswear Market clarified in the report:

  1. Which regional market is expected to witness the highest growth during the forecast period?
  2. How has the surging prices of raw materials impacted the growth of the Womenswear Market?
  3. Why are market players focusing on R&D and innovations?
  4. Are market players expanding their global presence? If yes, how?
  5. What is the estimated value of the Womenswear Market in 2019?

4 Forecast Highlights on Global Women's Wear Market

  1. As per the forecast of Fact.MR, the innerwear segment is slated to touch a value of US$ 10,256.2 Mn in the year 2022. This represents a robust CAGR growth during the assessment period of 2017-2022. The innerwear segment is estimated to account for more than one-tenth of the revenue share of the category type segment by the year 2017 end and is expected to gain in market share by the year 2022 end.
  2. As per the forecast of Fact.MR, the 26-35 years demographic segment will reach a value of US$ 19,140 Mn in the year 2017. This represents a steady CAGR growth during the forecast period. The 26-35 years demographic segment is estimated to account for more than one-fourth of the revenue share of the demographics segment in the year 2017 end and is expected to gain market share by the end of the year 2022.
  3. As per the forecast of Fact.MR, the economy segment is slated to reach a value of US$ 35,754.8 Mn in 2022. The economy segment is expected to lose some market value by the end of the year 2022. The largest share is contributed by the APEJ region in the economy segment.
  4. MR forecasts that the modern trade segment will exhibit a CAGR of 4.9% from 2017 to 2022. Modern trade segment is estimated to account for more than one-third of the revenue share of the sales channel segment by 2017 end and is expected to gain some market share by the end of the year 2022

Why Choose Fact.MR

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  • We use the latest market research and analytical tools to curate market reports
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AayushFMR
Joined: January 19th, 2021
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