Global Women’s Wear Market Trends: Forecast and Insights 2024 - 2030
The global women wear market size is expected to reach USD 1,325.90 billion by 2030, registering a CAGR of 3.4% during the forecast period, according to a new report by Grand View Research, Inc. Rising fashion consciousness, constantly changing trends coupled with strong inclination towards following these trends are the key factors driving the market. Furthermore, increase in the number working women leading to increased spending on apparels is anticipated to drive the growth. Asia Pacific held the largest revenue share in the global women wear market. This region is expected to witness significant demand in the forthcoming years due to increasing awareness among women to keep up with the latest fashion trends, rise in disposable income, and increasing investments by foreign brands in the form of new outlets. Availability of women wear by local manufacturers and designers at a cheaper rate is expected to remain a prominent factor in benefiting the growth. The ...