Report ID: SQMIG25K2088
Report ID:
SQMIG25K2088 |
Region:
Global |
Published Date: March, 2024
Pages:
223
|
Tables:
63 |
Figures:
65
Global Plus Size Clothing Market size was valued at USD 606.22 million in 2022 and is poised to grow from USD 630.47 million in 2023 to USD 862.84 million by 2031, growing at a CAGR of 4% in the forecast period (2024-2031).
In the realm of fashion apparel, plus-size clothing encompasses sizes ranging from 1X to 6X, while extended sizes span from 7X and above. These categories extend beyond what is commonly termed 'straight' sizes and frequently encompass size ranges like UK 16 to UK 28, although regional variations exist. Consumers within the plus-size category now exhibit a strong demand for contemporary, stylish attire readily accessible in larger dimensions. Furthermore, their expectations extend to alluring, durable, high-quality garments that offer value for their investment. The market's substantial growth is predominantly driven by a global surge in demand attributed to an overweight and obese population, constituting a pivotal contributing factor. The ascendancy of the body positivity movement and the bolstered self-assurance of plus-size individuals, fueled by impactful fashion advertisements and promotional endeavors showcased in renowned magazines such as Vogue, Cosmopolitan, Elle, and Glamour, significantly propels the plus-size clothing market. Additionally, the enhanced public perception of plus-size figures, coupled with support from influential celebrities, has fostered an environment where consumers embrace their self-image, consequently driving market demand.
Nonetheless, challenges surface within the plus-size clothing sector. Retailers often grapple with higher costs, as accommodating diverse sizes proves financially demanding. The intricate manufacturing process for plus-size garments, requiring additional materials to cater to larger dimensions, exacerbates production costs, acting as a hindrance to market expansion.
Conversely, the anticipated rise in omnichannel retail availability for plus-size clothing and the expansion of brand presence within the industry offer promising opportunities for future growth and diversification within the plus-size clothing market. This optimistic outlook underscores the sector's potential for continued evolution and expansion.
US Plus Size Clothing Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG25K2088