Report ID: SQMIG25M2037
Report ID:
SQMIG25M2037 |
Region:
Global |
Published Date: April, 2024
Pages:
223
|
Tables:
62 |
Figures:
76
Asia Pacific is anticipated to see the highest CAGR of 5.7%. The region is seeing a high demand for clothing due to the fastest-growing population and rising disposable income. In this area, many manufacturers are developing their industrial bases. As a result, it is predicted that the region would see the highest CAGR during the forecast period.
In 2021, the market share contributed by the Europe region is anticipated to be greater than 30%. The market revenue is being positively impacted by economically developed nations like Germany and France. Due to increased apparel spending and greater product awareness in the region, the region has a larger market share. The larger market share in 2021 can also be attributed to the developed distribution network through brick-and-mortar stores and an online platform
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Report ID: SQMIG25M2037