Women’s Suits And Ensembles Market size is estimated to reach USD 16.01 billion by 2028

 Women's Suits And Ensembles Industry Overview

The global women’s suits and ensembles market size was valued at USD 11.50 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.8% from 2022 to 2028.

 

This can be attributed to the factors such as the increasing number of working women, rising per capita income, and purchasing power. Additionally, the rising corporate culture across the globe is contributing to the growth of this market. Moreover, apparel manufacturers adopt automatic machines to increase production and reduce the cost associated with it. Apparel manufacturers are focusing on increasing their customer base by reaching them in different ways, such as through e-commerce platforms and offering discount schemes. The women’s suits and ensembles are the set of outer apparel that is designed to be warm from various types of fabrics. Suits consist of a suit jacket and a matching pair of trousers, whereas the ensemble includes a complement of suit apparel. Suits are typically manufactured with long sleeves. Both coats and jackets have collars, lapels, and pockets. The fabric used for suits is cotton, polyester, and cellulosic. These products are available in different styles, colors, and designs for multiple usages, including casual, formal, and cocktail parties.

 

Gather more insights about the market drivers, restrains and growth of the Global Women's Suits And Ensembles Market

 

The governments of various countries restricted movement or restricted citizens from going out due to the COVID 19 pandemic. Various sports events, exhibitions, and other public events were canceled across the world. Moreover, the corporate office is opened with less number of employees while others are working from home. Due to this, the market experienced a shortfall in the sales of apparel due to restricted production, disturbed supply chains, and reduced demand. Considering this short slack in market revenue, it is expected that the sector will soon witness healthy growth in the upcoming years after COVID-19 restrictions.

 

Browse through Grand View Research's Clothing, Footwear & Accessories Industry Research Reports

  • Triathlon Clothing Market: The global triathlon clothing market size was estimated at USD 1,910.2 million in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 8.5% from 2023 to 2030.
  • Lingerie Market: The global lingerie market size was valued at USD 85.96 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.7% from 2022 to 2030.

 

Key Companies Profile

Some of the prominent players in the global women’s suits and ensembles market include:

  • Dior
  • CHANEL
  • Guccio Gucci S.p.A.
  • PRADA
  • Burberry Group Plc
  • Giorgio Armani S.p.A.
  • Dolce & Gabbana S.r.l.
  • Gianni Versace S.r.l.
  • Louis Vuitton, Inc.

 

Order a free sample PDF of Women’s Suits And Ensembles Market Intelligence Study, published by Grand View Research. 

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