The apparel industry comprises sales of apparel by entities (organizations and sole traders) that manufacture apparel. There are three main categories of apparel that include men’s wear, women’s wear, and kid’s wear. Fashion shows such as Milan, London, Paris, Barcelona, New York, Rome, and Berlin are introducing new fashion trends for women as well as men globally. The global apparel industry market generated significant revenue in 2018 with a remarkable CAGR for the last few years.

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The growth has resulted from the increasing demand from emerging markets. In addition, growth in the e-commerce industry and supportive government regulations on the manufacturing of apparel and clothing drove the global apparel industry. However, the recent outbreak of COVID-19 had a dual impact on the global apparel industry. The novel COVID-19 has impacted the apparel industry in most of the regions including North America, Europe, Asia-Pacific, Rest of the World.

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Corona virus has gradually increased across the globe since it originated in the Wuhan City of China. Many European economies including Germany, France, Spain, and Italy which are experiencing a large number of cases with over 100,000 cases by the mid of March 2020. Moreover, many cities all across the globe are partial or total lock down for preventing the spread of the virus. It has created a negative impact on the apparel industry and caused brands and design houses to close down and postpone upcoming runway shows. Department store including Neiman Marcus, Macy’s, Nordstrom, Selfridges, and Saks Fifth Avenue have shut their operations. In addition, major events such as the CFDA Awards and the Met Gala have been postponed indefinitely.

Global Apparel Market Segmentation

By Apparel Type

• Men’s Wear
• Women’s Wear
• Kid’s Wear

By Distribution Channel

• Online Distribution Channel
• Offline Distribution Channel

Regional Analysis

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

Company Profiles

• NIKE, Inc.
• Adidas AG
• PVH Corp.
• VF Corp.
• Hanesbrands Inc.
• Ralph Lauren Corp.
• Puma SE
• The TJX Companies, Inc.
• Under Armour, Inc.
• Fila Holdings Corp

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