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Share this article Share this article ResearchAndMarkets.com s offering. This report provides strategists, marketers and senior management with the critical information they need to assess the global apparel market as it emerges from the COVID-19 shut down. The global apparel market reached a value of nearly $527.1 billion in 2020, having declined at a compound annual growth rate (CAGR) of -0.6% since 2015.The decline during historic period is mainly due to lockdown and social distancing norms imposed by various countries and economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 9.8% from 2020 and reach $842.7 billion in 2025, and $1,138.8 billion in 2030. ....