Women Dress Market – 2019-2025
Women’s clothing refers to the protective and decorative products worn on the female body, while women’s dress refers to the clothing with halter belt vest and skirt together, which belongs to the category of skirt dress.Dress is praised as “fashionable queen” in all sorts of design modelling, it is the design that changes unpredictability, kind most, get favour most.Dress can show the gentle curve of woman, increase feminine flavour.
The global women wear market size was valued at USD 1,386.1 billion in 2018 and is expected to register a CAGR of 4.7% from 2019 to 2025. The growth is attributed to growing female population, increasing number of working women, evolving fashion trends, and high spending power of consumers. Growing influence of social media and celebrities is driving the manufacturers to continuously introduce new designs and styles. Furthermore, brands have been dedicating endeavors to expand their consumer base, whether it is through e-commerce sites, offering discounts, celebrity endorsements, or customization of fashion to suit individual needs. 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 39% 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.
The boom in the e-commerce sector has been acting as a catalyst for the global market growth. The high-end brands which once were limited to the upper section of the society travelling to fashion destinations such as Milan and Paris have embraced women of all classes via the e-commerce channel. Women from all strata of life can be seen indulging in fashion and trends. Ease of accessibility, payments, and easy return policies are all creating a push for the market.
Free Sample Report »
The key players covered in this study
Women top wear held the largest market share of around 35% in 2018. This growth is driven by the availability of a wide variety of products. A random shopping website or a retail shop offers a wide range of shirt, tops, t-shirts, and other products. Availability of variety in terms of designs such as polos, ruffles and frills, wraps, asymmetric, tanks, and crops, among others, is projected to bode well for the growth. All these products are available in a variety of fabrics including silk, denim, cotton, shear, chiffon, crepe, georgette, rayon, leather, and faux among others.
To further compliment this diversity, clothing pattern comes into the picture in the form of solids, prints, florals, polkas, checks, and stripes among others. The variety coupled with the trend for mix and match has been driving the growth. The changing trends have been creating a strong foothold among millennials, which is anticipated to further fuel the demand.
Distribution Channel Insights
Offline distribution channel accounted for the largest market share of more than 56% in 2018, driven by exposure and accessibility to the large number of shoppers. A certain section of the society, mostly Generation X, is not so comfortable with buying clothes online. There, unawareness regarding e-commerce, reliability on offline stores, and dependence on assisted shopping has created a customer base for the offline retail stores. Adding to this, season clearance sales and instant availability have been driving the popularity of offline distribution over the years.
Complete Report »
Scope Of Report:
Table of Content:
1 Study Coverage
2 Executive Summary
3 Breakdown Data by Manufacturers
4 Breakdown Data by Type
5 Breakdown Data by Application
11 Company Profiles
12 Future Forecast
13 Market Opportunities, Challenges, Risks and Influences Factors Analysis
14 Value Chain and Sales Channels Analysis
15 Research Findings and Conclusion
Download Free Sample Report >>