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The global apparel and footwear market size was USD 1,268.24 Billion in 2022 and is expected to register a rapid revenue CAGR of 18.5% during the forecast period. Ongoing trend to embrace athleisure culture, increasing working population incorporating fitness regimes in their daily routine, and rising initiatives taken by major market players to popularize gender-neutral fashion are key factors driving market revenue growth.
Furthermore, the report supplies an in-depth understanding and insight into the leading manufacturers and players with a brief overview of their business. This section deals with the latest business moves, product launches, strategic collaborations, technological advancements, and profitable business ventures. The report also includes revenue estimations and CAGR of the Apparel and Footwear market in the coming years. The global Apparel and Footwear market report includes a comprehensive analysis of the top players of the market and their market scope through advanced analytical tools. Tools such as Porter’s Five Forces Analysis, SWOT analysis, feasibility analysis, and investment return analysis are used to analyze their growth patterns and market scope for the forecast period of 2020-2027.
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The leading market contenders listed in the report are:
Nike, Inc., Puma SE, Adidas Group, Gap Inc., Calvin Klein, Inditex, S.A. (Zara), Ross Stores, Inc., Coach, Louis Vuitton, Chanel, Skechers USA, Inc., Biba Fashion Limited, Burberry Group plc, Asos plc, VF Corporation, H&M, Under Armour, Inc., NNNOW (Tommy Hilfiger Corporation), F21 IPCo, LLC., and New Balance
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Market Segmentations of the Apparel and Footwear Market
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Regional Outlook of the Apparel and Footwear Market
The global Apparel and Footwear market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Apparel and Footwear market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
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