USD 212.70 billion
Women’s Trousers Market Size, Share, Growth Analysis, By Type(Leggings and Palazzo Pants), By Fabric(Denim and Cotton), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG30L2208 |
Region:
Global |
Published Date: March, 2024
Pages:
198
|Tables:
59
|Figures:
75
Women’s Trousers Market Insights
Global Women’s Trousers Market size was valued at USD 212.70 billion in 2022 and is poised to grow from USD 222.91 billion in 2023 to USD 324.35 billion by 2031, growing at a CAGR of 4.80% during the forecast period (2024-2031).
The expansion of the women's trousers market can be credited to a range of factors. These factors encompass the availability of designs tailored to seasonal preferences and needs, the increasing presence of women in the workforce, a growing per capita income, and enhanced purchasing capability. Furthermore, the global surge in corporate culture also contributes significantly to the market's expansion.
To enhance production efficiency and cost-effectiveness, clothing manufacturers are embracing automated machinery. This shift is accompanied by an expansion of their customer outreach through e-commerce platforms, along with the introduction of discounted offers. The escalating impact of e-commerce platforms in developing nations, coupled with the elevated expenditure of independent women on stylish attire worldwide, is a major driving force behind the market's growth.
In addition, vendors are leveraging online platforms to provide an array of deals, discounts, designs, and contemporary trends. This strategy is aimed at attracting a substantial customer base, consequently expediting market growth. Leading industry players are investing in cutting-edge technologies such as AI and AR to amplify customer satisfaction. This enables customers to virtually test and experience products without the need for in-person interaction.
Recent trends, such as the adoption of 3D trials, have gained significant popularity as people seek to experiment with diverse appearances. This further propels the expansion of the market. Notably, key market players are also making substantial investments in novel fashion trends for women in order to cater to their escalating demands. This proactive approach creates a multitude of opportunities throughout the projected time frame.
US Women’s Trousers Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Leggings
Fastest Growth
Leggings
Growth Rate
4.80% CAGR
Global Women's Trousers Market 2021-2030 ($ Bn)
Country Share for North America Region- 2021 (%)
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Women’s Trousers Market Segmental Analysis
Global Women’s Trousers market is segmented by type, fabric, and region. Based on type, the market can be segmented into leggings and palazzo pants. Based on fabric, the market is segmented into denim, and cotton. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Women’s Trousers Market Analysis by Type
By type, the market can be segmented into leggings and palazzo pants. Leggings dominated the global market, due to their comfortable and stretchy fabric, which makes them suitable for both casual and athletic wear. Leggings come in various lengths, styles, and colors, making them versatile and trendy. The increasing popularity of athleisure wear has also contributed to the growth of the leggings market.
Palazzo pants is a fastest growing segment in the market due to their comfortable fit, flowy design, and versatility, which makes them suitable for various occasions. Palazzo pants come in a variety of fabrics, colors, and prints, making them a fashionable choice for women of all ages. With the increasing demand for comfortable clothing, palazzo pants have become a staple in many women's wardrobes, and this trend is expected to continue in the near future.
Women’s Trousers Market Analysis by Fabric
By fabric, the market can be segmented into denim and cotton. Denim dominated the women's trousers market due to its durability, versatility, and timeless style. Denim trousers come in a variety of styles, including skinny jeans, bootcut jeans, and boyfriend jeans, and they are popular among women of all ages.
Cotton is a fastest growing fabric segment for women's trousers due to its lightweight and breathable nature. Cotton trousers are often worn as casual wear or for outdoor activities, such as hiking or gardening.
Global Women's Trousers Market Size By Type, 2021 (%)
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Women’s Trousers Market Regional Insights
North America dominated the global women's trousers market due to the rising number of working women and increasing fashion consciousness among the population. Additionally, the growing trend of online shopping and increasing per capita income are also contributing to the market growth. Some of the key players in the North American market include Gap Inc., Levi Strauss & Co., L Brands Inc., and Ralph Lauren Corporation.
APAC is the fastest-growing market due to the rising fashion consciousness and increasing number of working women in the region. Countries such as China, India, and Japan are some of the key contributors to the market growth in the APAC region. The report also suggests that the increasing adoption of e-commerce platforms, growing per capita income, and the rise of the fashion industry are driving the market growth in the region. Some of the key players in the APAC market include Fast Retailing Co. Ltd., H&M Hennes & Mauritz AB, Inditex, and Lululemon Athletica.
Global Women's Trousers Market By Geography, 2021-2030
- Largest
- Fastest
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Women’s Trousers Market Dynamics
Women’s Trousers Market Drivers
Increasing number of working women worldwide
- One of the key drivers of the global women's trousers market is the increasing number of working women worldwide. With more women entering the workforce, there is a higher demand for comfortable and stylish workwear, including trousers. Moreover, the growing trend of women's empowerment and equality is also contributing to the market's growth. As women become more independent and financially stable, they are spending more on fashionable apparel, including trousers, further driving the market. The increasing number of working women is expected to continue driving the growth of the women's trousers market in the coming years.
Women’s Trousers Market Restraints
Increasing concern for the environmental impact of the fashion industry
- One of the key restraints for the women's trousers market is the increasing concern for the environmental impact of the fashion industry. The use of synthetic fabrics and chemicals in the production of trousers has raised concerns about the sustainability of the industry. Moreover, the high rate of textile waste generated by the industry is also a major concern. These factors are leading to a growing demand for sustainable and eco-friendly clothing, which could limit the growth of the women's trousers market in the coming years.
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Women’s Trousers Market Competitive Landscape
The global women's trousers market is highly competitive with several players operating in the market. These players are adopting various strategies such as product innovation, partnerships, mergers and acquisitions, and geographical expansion to increase their market share. Additionally, players are investing in the latest technologies such as AI and AR to improve their customer satisfaction and offer a better shopping experience. The market is also witnessing the entry of new players, which is intensifying the competition further. The competitive landscape of the women's trousers market is expected to remain highly competitive during the forecast period.
Women’s Trousers Market Top Player’s Company Profiles
- Fast Retailing Co. Ltd. (Japan)
- L Brands Inc. (US)
- Inditex (Spain)
- Ralph Lauren Corporation (US)
- Lululemon Athletica (Canada)
- PVH Corp. (US)
- Nike Inc. (US)
- Adidas AG (Germany)
- Puma SE (Germany)
- Under Armour Inc. (US)
- VF Corporation (US)
- American Eagle Outfitters Inc. (US)
- Forever 21 Inc. (US)
- Uniqlo Co. Ltd. (Japan)
- The Children's Place Inc. (US)
- Aeropostale Inc. (US)
- The Buckle Inc. (US)
Women’s Trousers Market Recent Developments
- In April 2023, online retailer Net-a-Porter launched a new sustainability initiative called "Net Sustain" to promote sustainable fashion brands.
- In March 2023, women's activewear brand Outdoor Voices announced a $75 million funding round to expand their product offerings and retail locations.
- In February 2023, luxury fashion brand Gucci announced a new line of sustainable denim products made from organic cotton and recycled polyester.
- In January 2023, sustainable fashion brand Patagonia announced a partnership with biotechnology company Bolt Threads to develop vegan silk fabrics.
- In July 2022, fashion retailer Nordstrom acquired a minority stake in resale platform Depop to expand their sustainability efforts.
Women’s Trousers Key Market Trends
- One of the key market trends in the global women's trousers market is the adoption of new technologies such as Artificial Intelligence (AI) and Augmented Reality (AR). Several apparel manufacturers are investing in these technologies to offer a personalized and seamless shopping experience to their customers. Moreover, the rising trend of sustainable and eco-friendly clothing is also gaining momentum in the market. Players are introducing sustainable fabrics and eco-friendly manufacturing processes to meet the increasing demand for sustainable apparel. These trends are expected to continue to shape the women's trousers market in the coming years.
Women’s Trousers Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our global women's trousers market analysis, the increasing number of working women, rising per capita income, and the growing trend of women's empowerment and equality are the key market drivers. Apparel manufacturers are adopting new technologies such as AI and AR to improve customer satisfaction and offer a personalized shopping experience. Additionally, the trend of sustainable and eco-friendly clothing is gaining momentum in the market. The competition in the market is intense, with several key players adopting various strategies such as product innovation and partnerships. The market is expected to continue to grow in the coming years, driven by factors such as the increasing spending of independent women on fashionable apparel and the rising influence of e-commerce platforms.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 212.70 billion |
| Market size value in 2031 | USD 324.35 billion |
| Growth Rate | 4.80% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Women’s Trousers Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Women’s Trousers Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Women’s Trousers Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Women’s Trousers Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Women’s Trousers Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Women’s Trousers Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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