(MENAFN- EIN Presswire) Size clothing Market marketresearch.com/plus-size-clothing-market-A07966
The psize clothing market is segmented on the basis of type, gender, age group, price point, and region.
In 2019, North America was the highest revenue contributor, accounting for $1,70,691.5 million in 2019, and is estimated to reach $2,50,816.3 million by 2027, with a CAGR of 6.1%.” - Shankar Bhandalkar5933 NE WIN SIVERS DRIVE, PORTLAND, OR, UNITED STATES, September 1, 2023/EINPresswire/ -- According to a new report published by Allied Market Research, titled, "PSize clothing Market by Type, Gender, Age Group and Price Point: Global Opportunity Analysis and Industry Forecast, 2021-2027". The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends.
Sample Copy of Report:
The global PSize Clothing Market was valued at $480,991.8 million in 2019, and is projected to reach $696,712.1 million by 2027, registering a CAGR of 5.9% from 2021 to 2027.
Rise in demand for psize clothing, owing to growth in obese population, rise in confidence of consumers, and increase in number of brands offering psize range garments has propelled the growth of psize clothing market. Rise in demand for psize clothing owing to obese and overweight population, growing trend of body positivity, and rise in confidence among psize women due to strong fashion advertisements and promotional campaigns drive the growth of the psize clothing market.
Rise in demand for psize clothing owing to obese and overweight population, growing trend of body positivity, and rise in confidence among psize women due to strong fashion advertisements and promotional campaigns drive the growth of the psize clothing market. However, high pricing for retailers and complexity in manufacturing curtail down the growth to certain extent. Moreover, rise in availability of psize clothing via omni channel retail and growth in brand presence in the industry offer a number of lucrative opportunities to the market players.
Based on type, the casual wear segment contributed to nearly one-third of the global psize clothing market share in 2019 and is anticipated to lead the trail during the study period. This is due to growing adoption and acceptance of casual wear among consumers for social occasions. On the other hand, the sportswear segment would grow at the fastest CAGR of 6.4% by 2027. The change in consumer choices and preferences and increasing inclination towards athleisure sportswear drive the growth of the segment.
Browse Customized and Complete Report:
Based on gender, the male segment held largest market share with around half of the global psize clothing market revenue in 2019 and is expected to rule the roost during the forecast period. This is attributed presence of proportionately large male obese population and high spending on psize clothing. On the other hand, the female segment is expected to manifest the fastest CAGR of 7.50% throughout 2027.
Based on geography, North America dominated the market with major share in 2019, holding more than one-third of the global psize clothing market. This is owing to the factors such as availability of largest obese population and highest consumer spending on psize clothing in this region. Moreover, the Asia-Pacific region is also anticipated to register the fastest CAGR of 6.50% during 2020 to 2027. This is owing to the increasing average caloric intake per individual among middle class and high-income households in this province.
The key players operating in the global psize clothing market analysis include (H&M) Hennes & Mauritz AB, Ralph Lauren Corporation, Adidas AG (Adidas), PUMA SE, Nike, Inc. (Nike), ASOS plc, Capri Holdings Limited (Michael Kors), WHP Global (Anne Klein), Punto Fa SL (MANGO Inc.) and Under Armour, Inc.
Key findings of the study:
○ By type, the casual wear psize clothing segment was the highest contributor to the psize clothing market, with $1,48,158.9 million in 2019, and is estimated to reach $2,20,779 million by 2027, at a CAGR of 6.3% during the forecast period.
○ By gender, the male segment was the highest contributor to the market, with $2,41,736.50 million in 2019, and is estimated to reach $3,38,032.8 million by 2027, at a CAGR of 6.8% during the forecast period.
○ By age group, the 16 to 59 segment was the highest contributor to the market, with $2,82,918.9 million in 2019, and is estimated to reach $4,09,215 million by 2027, at a CAGR of 5.9% during the psize clothing market forecast period.
○ By price point, the mid-range segment was the highest contributor to the market, with $1,79,370.6 million in 2019, and is estimated to reach $2,58,260.7 million by 2027, at a CAGR of 5.8% during the forecast period.
○ In 2019, North America was the highest revenue contributor, accounting for $1,70,691.5 million in 2019, and is estimated to reach $2,50,816.3 million by 2027, with a CAGR of 6.1%.
Enquire More About this Report:
Reasons to buy PSize clothing Market Report:
○ Procure strategically important competitor information, analysis, and insights to formulate effective R&D strategies.
○ Recognize emerging players with potentially strong product portfolio and create effective counter-strategies to gain competitive advantage.
○ Classify potential new clients or partners in the target demographic.
○ Develop tactical initiatives by understanding the foareas of leading companies.
○ Plan mergers and acquisitions meritoriously by identifying Top Manufacturer.
○ Develop and design in-licensing and out-licensing strategies by identifying prospective partners with the most attractive projects to enhance and expand business potential and Scope.
○ Report will be updated with the latest data and delivered to you within 2-4 working days of order.
○ Suitable for supporting your internal and external presentations with reliable high-quality data and analysis.
○ Create regional and country strategies on the basis of local data and analysis.
Read More Trending "AMR Exclusive Insights:
○ Sustainable Athleisure Market is projected to reach $53,431.5 million by 2030
○ Compression Wear and Shapewear Market is estimated to reach $6.95 billion by 2030
○ Golf Clothing Market is projected to reach $1,554.3 million by 2030
○ Pet Clothing Market is projected to reach $7.66 billion by 2031
○ Back to College Products Market is projected to reach $686.1 billion by 2030
○ Silk Market is projected to reach $34.1 billion by 2031
David Correa
Allied Analytics LLP
1 800-792-5285
emailhere
Visiton social media:
Facebook
Twitter
LinkedIn
What SetsApart ? - Allied Market Research