Apparel Market Size To Reach $2.26 Trillion By 2030

July 2025 | Report Format: Electronic (PDF)

Apparel Market Growth & Trends

The global apparel market size is expected to reach USD 2.26 trillion by 2030, registering a CAGR of 4.2% from 2025 to 2030, according to a new report by Grand View Research, Inc. The growing availability of apparel through online stores and e-commerce websites, increasing technology adoption in the textile industry, and a significant rise in demand from developing economies such as India are expected to drive the growth of this market.

Innovation in manufacturing technology and materials used in making, design, supply chain, and distribution has positively influenced the global apparel market. In recent years, multiple companies operating in the apparel industry have improved efforts to address various consumer requirements by adding categories to the portfolio. This includes sportswear, athleisure, activewear, baby wear, and application-specific apparel. Enhanced product categories, improved customer communications, and rising consumer inclination toward online shopping are projected to generate newer opportunities.

Growing disposable income levels of customer across various regions, entry of multiple companies and brands in Asia Pacific, and rising demand for sustainably developed apparels are adding to the growth experienced by this market. Recycling and sustainability initiatives have also developed significant influence on the industry. Multiple companies have launched special collections featuring recycled apparels equipped with novel designs and high quality. This is likely to deliver new opportunities for this market in forecast period.

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Apparel Market Report Highlights

On the basis of category, the mass apparel segment dominated the apparel industry and accounted for more than 68.0% of revenue share in 2024, owing to large-scale distribution by manufacturers, growing adoption in developing countries such as India, and cost-effectiveness offered by the category
The luxury apparel segment is expected to experience the fastest CAGR over the forecast period
Women’s apparel segment held the largest revenue share of the global apparel market in 2024, owing to increasing expenditure on women’s apparel across multiple countries, rising focus of brands on launching a variety of products specially designed for women, and growing market penetration of e-commerce websites that offer apparel
Children’s apparel segment is likely to experience fastest growth from 2025 to 2030.
The offline distribution segment accounted for the largest revenue share owing to the shopping preferences of a large number of customers, the launch of new brand stores in key cities across regions by major brands, and the opportunity to examine products offered by the offline shopping experience
Asia Pacific dominated the global apparel market in 2024, owing to rising disposable income levels, the presence of highly populated countries such as India, and the growing popularity of online shopping platforms

Apparel Market Segmentation

Grand View Research has segmented the apparel market report based on category, end use, distribution channel, and region.:

Apparel Category Outlook (Revenue, USD Billion, 2018 - 2030)

Mass
Premium
Luxury

Apparel End Use Outlook (Revenue, USD Billion, 2018 - 2030)

Men
- Casual Wear
- Formal Wear
- Sportswear
- Night Wear
- Inner Wear
- Ethnic Wear
- Others
Women
- Casual Wear
- Formal Wear
- Sportswear
- Night Wear
- Inner Wear
- Ethnic Wear
- Others
Children
- Casual Wear
- Formal Wear
- Sportswear
- Night Wear
- Inner Wear
- Ethnic Wear
- Others