Global Women's Apparel Market to Reach $1.2 Trillion by 2030

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.