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The global women wear market size is likely to account for USD 1,913.88 billion in 2025, as per a new report by Million Insights. The market is projected to witness 4.2% CAGR from 2019 to 2025.
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Women Wear Market Is Potentially Boosting Up the Economy Worth $1,913.88 Billion By 2025 “The global women wear market size is likely to account for USD 1,913.88 billion in 2025, as per a new report by Million Insights. The market is projected to witness 4.2% CAGR from 2019 to 2025. Changing fashion trend and growing awareness about latest fashion among millennials are driving the growth of the market.” Global Women Wear Market report offers the latest industry trends, technological alteration and forecast data. A deep- dive view of Women wear industry based on its size, growth, development plans, and opportunities is offered by this report. The forecast information, SWOT analysis, Women wear barriers, and feasibility study are the vital aspects evaluated in this report. The global women wear market size is likely to account for USD 1,913.88 billion in 2025, as per a new report by Million Insights. The market is projected to witness 4.2% CAGR from 2019 to 2025. Changing fashion trend and growing awareness about latest fashion among millennials are driving the growth of the market. In addition, the rise in the number of working women is likely to spur product demand in the coming years. It is predicted that Asia Pacific would register the highest growth with 5.5% CAGR over the forecast duration. Increasing awareness about changing fashion trend and growing inclination among millennials about adopting these trends are bringing innovation in the market, which in turn, driving the growth. Further, owing to the presence of several local and international brands, there is stiff competition in the market. This competition has resulted in the availability of various cheaper alternatives. In 2018, Europe accounted for the highest share in the market with over 37%. Countries such as Italy, France and Germany account for the significant share in the region. Further, the region is a home of several leading brands such as Gucci, Zara SA and Armani. Millennials are of the view that the brands reflect their social status and tend to purchase branded wear. Request Sample Copy of This Market Research @ https://www.millioninsights.com/industry-reports/global-women-wear-market/request-sample
On the other hand, North America accounted for more than 26% share in the women wear market. Increasing spending on women wear in the United States is the major factor driving regional growth. Presence of several leading companies such as Tommy Hilfiger, Levis Strauss & Co. and Nike further strengthen the regional dominance in the global market. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/global-women-wear-market Further key findings from the report suggest: • It is anticipated that the top wear segment would account for USD 657.22 billion in 2025. • In 2018, footwear category held USD 124.98 billion in the global market. • By the end of the forecast Europe alone will hold over 37% share in the market. • Key players operating in the market are PRADA, Burberry, DIOR, Armani, Guccio Gucci S.p.A., MANOLO BAHNIK and Chanel among others. Million Insights has segmented the global women wear market on the basis of type, distribution channel and region: Women Wear Type Outlook (Revenue, USD Billion, 2015 - 2025) • Top Wear • Bottom Wear • Sports and Active Wear • Intimates & Sleepwear • Footwear • Accessories • Others
Women Wear Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025) • Offline • Online Women Wear Regional Outlook (Revenue, USD Billion, 2015 - 2025) • North America • U.S. • Europe • U.K. • Germany • Asia Pacific • China • India • Central & South America • Brazil • Middle East & Africa • South Africa See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/consumer-goods
Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Global Headquarters Million Insights 410 E Santa Clara Street, Unit #1008 San Jose,CA 95113, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-8956380892