Women’s Trousers market to Eyewitness Huge Marginal Growth by 2028Posted by Mrudula Karmarkar on September 23rd, 2022 The global women’s trousers market size was estimated at USD 293.06 billion by 2028 and is expected to expand at a CAGR of 4.7% from 2022 to 2028, according to a new report by Grand View Research, Inc. This can be attributed to the factors such as the increasing number of working women, rising per capita income, and purchasing power. Additionally, rising corporate culture across the globe is contributing to the growth of this market. Moreover, apparel manufacturers are adopting automatic machines to increase production and at the same time making efforts to reduce the cost associated with it. Cotton segment contributed the 2nd largest revenue share to the global market of over 30% in 2021 and is projected to expand at a CAGR of 5.0% from 2022 to 2028. Cotton is breathable and absorbent and is mostly used in the textile industry to make the human body warm during cool weather and absorb sweat. Cotton is one of the preferable fibers in the industry when compared to other synthetic and natural fibers as it does not have side effects on the skin and offers comfort. This contributes to the market revenue. The key players are offering various deals and discounts through their online platform to attract a wide number of customers thereby accelerating the market growth. The current trends such as 3D trials are being highly adopted among the young population to try their looks which is another factor surging the market growth. Hence, these factors are expected to generate huge sales during the forecast period. Offline distribution channels contributed to a larger market share of around 80% in 2021. Offline channels include exclusive stores, hypermarkets and supermarkets, and retail stores. Manufacturers and marketers use the traditional retail channel for more sales. The segment includes organized retail channels which are more customer-oriented and provide better services by selling a variety of apparel directly to the end-users. Additionally, these stores provide a choice of physical verification and trials & facility of products to the end-users, thus contributing to the market revenue. Asia Pacific is anticipated to exhibit the highest CAGR of 5.7% from 2022 to 2028. China and India are positively contributing to the growth of the market. With the largest growing population and increasing disposable income, the region is witnessing huge demand for apparel. Many multinational companies are expanding their foothold in this region due to low labor costs and easy availability of raw materials, which will lead to a more working population. Rising information technology is also positively contributing to the growth of the market. Thus, the region is projected to emerge with the highest CAGR during the forecast period. To Request Sample Copy of this report, click the link: https://www.grandviewresearch.com/industry-analysis/womens-trousers-market-report/request/rs1 The initial strict lockdowns imposed by the governments of various nations due to the COVID-19 pandemic, coupled with the strict travel restrictions affected the market. This led to the cancelation of various sports events, exhibitions, and other public events across the world. Moreover, corporate offices were functional but with a minimum number of employees while most employees were advised to work from home. Due to this, the market experienced a shortfall in the sales of apparel due to restricted production, disturbed supply chains, and reduced demand. Considering this short slack in market revenue, it is expected that the sector will soon witness healthy growth in the upcoming years after COVID-19 restrictions. Women’s Trousers Market Report Highlights
The women’s trousers are the wardrobe essential from various types of fabrics such as cotton, polyester, and cellulosic. Considering comfort and styles, trousers includes various designs that include formal trousers, striped trousers, checked trouser, high-waist trousers, casual trousers, wool trousers, cargo trousers, summer trousers, cropped trousers, slim fit trousers, cigarette trousers, floral trousers, and designer trousers. Trousers are available in different lengths such as shorts, medium, and long. These products are available in different styles, colors, and designs for multiple usages which includes casual, formal, and cocktail party. The rising influence of e-commerce platforms across developing countries is driving the market. Moreover, the increasing spending of independent women on fashionable apparel across the globe is boosting the market growth. The women’s trousers market is characterized by the presence of various well-established players and several small and medium players. The market players are focusing on product launches to meet consumers’ expectations with changing fashion consciousness. Additionally, the key players in the market are trying to innovate new preservative techniques to increase the durability of the product while expanding their reach across the globe.Some of the prominent players in the global women’s trousers market include:
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