Jerseys and T-shirts will be the top performing products in the apparel segment during 2020-2025. The global jersey market is expected to grow at a compound annual growth rate (CAGR) of 6.78 percent in this period, while that of T-shirts may grow at an annual rate of 6.55 percent. Global apparel market is expected to grow at 4.50 percent to reach $1,574 bn by the end of 2025.
The global market of jerseys will grow to $311.78 bn by 2025. The product’s market size was $226.16 bn in 2017, $243.83 bn in 2018, $264.30 bn in 2019, $224.60 bn in 2020 and $243.47 bn in 2021, according to data obtained from market.
As for T-shirts, the global market is expected to reach $220.75 bn by 2025 from $157.10 bn in 2017.
Trousers and shorts will remain the largest category of apparel in terms of global market size. But the growth rate will be mild compared to the some of the other categories. Its market size will grow at the rate of 3.84 per cent to reach $403.68 bn by 2025 from $354.38 bn of 2017.
Global market of shirts is expected to reach $173.14 bn (CAGR: 3.07 percent), coats, jackets and blazers at $159.38 bn (CAGR: 3.09 percent), suits, dresses and ensembles at $116.17 bn (CAGR: 3.33 percent), innerwear at $79.32 bn (CAGR: 3.01 percent), babywear at $58.09 bn (CAGR: 2.49 percent), skirts at $29.01 bn (CAGR: 4.97 percent) and nightwear at $23.55 bn (CAGR: 4.75 percent).
The total apparel market size will grow at the rate of 4.50 percent to reach $1,574 bn by 2025 from $1.387.74 bn in 2017, as per market report.
