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Outlook on the Apparel and Footwear Global Market to 2026 - Increasing Disposable Incomes Bringing Brand Consciousness is Driving Growth


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The Global Apparel and Footwear Market is forecast to grow at a CAGR of 6.65%, in value terms, to reach USD2736.86 billion by 2026. The Global Apparel and Footwear Market is witnessing consistent growth, owing to increasing disposable incomes bringing brand consciousness and inclination towards imported products, and growing organized retail and e-commerce channels along with robust supply chain networks. Moreover, factors such as rising population and the entry of various players are further fueling the apparel and footwear market at the global level.
The apparel and footwear business are the drivers of the fashion industry. Their main aim is to provide the customer a sense of pleasure of being well dressed and attractive to oneself and others as per the surroundings, making the apparel and footwear industry one of the synchronized and well-developed sectors among other sectors in the world. ....

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Worldwide Apparel Industry to 2030 - Players Include Nike, Adidas and Christian Dior Among Others


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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. ....

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