USD 110.86 billion
Report ID: SQMIG25K2038 | Region: Global | Published Date: June, 2023 | Pages: 157 | Tables: 36 | Figures: 58
Women’s Shirts and Blouses Market size was valued at USD 110.86 billion in 2021 and is poised to grow from USD 116.51 billion in 2022 to USD 173.46 billion by 2030, growing at a CAGR of 5.1% in the forecast period (2023-2030).
Women's blouses and shirts are upper clothing items made from a variety of materials, such as cotton, polyester, and cellulosic. Considering comfort and fashion, shirts and blouses come in a variety of sleeve lengths, necklines, colours, and patterns. Over the world, especially among working women, the demand for shirts and blouses is rising. Due to the accessibility of branded designs at cheaper rates and their rapid production, fast fashion is also anticipated to assist the market's growth. However, fast fashion also produces low-quality goods and significant trash. The market is also anticipated to increase throughout the projected period due to rising new advancements and product launches. The global shift in fashion trends is responsible for the market expansion. Also, the apparel industry is implementing automatic equipment to boost production while lowering costs. The leading players' strategies, including expansions, joint ventures, partnerships, etc., are also anticipated to fuel market expansion. During the forecast period, environmental pollution will be a major barrier to market growth. Awareness campaigns regarding the massive waste output, environmental damage, and enormous greenhouse gas emissions are being carried out by a number of organizations and private groups. This is also encouraging a global market trend of upcycling, recycling, and reuse, which is limiting market expansion.
US Women’s Shirts and Blouses Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 110.86 billion
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Global Women’s Shirts and Blouses Market is segmented on the basis of Fiber Outlook, Distribution Channels, and region. By Fiber Outlook, the market is segmented into Polyester, Cotton, Cellulosic, and Other. By Distribution Channels, Women’s Shirts and Blouses Market is segmented into Offline and Online. By region, the Women’s Shirts and Blouses Market is segmented into North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.
Women’s Shirts and Blouses Market Analysis by Fiber Outlook
The polyester sector dominated the global market in 2022. A synthetic fiber known as polyester includes substances with the ester functional group. This fiber, which is made from petroleum, is one of the most widely used in the global textile industry.
The cellulosic segment is predicted to grow at the fastest CAGR. By processing plant fibres like wood pulp, seeds, etc., cellulosic fibre can be produced. The increasing popularity of adopting environmentally friendly and sustainable products is a major factor in the segment's growth. Since cellulose's original form was in plants, the development of cellulosic fibres for use in various types of clothing is anticipated to pick up speed. It is predicted that the category will have profitable growth over the projection period due to the rising consumer popularity of these fabrics.
Women’s Shirts and Blouses Market Analysis by Distribution Channels
In 2021, the offline distribution channel category accounted for the biggest market share, at around 80%. Exclusive shops, supermarkets, and retail stores are examples of offline channels. For greater sales, producers and marketers employ the conventional retail channel. Since they sell directly to clients, retail channels are more dependable, customer-focused, and offer superior services. This channel also makes it possible to physically inspect and test things before buying them, which boosts market income. Additionally, most big firms conduct business and market their goods through conventional offline channels.
the online distribution channel is expected to grow at the fastest CAGR. Due to their simplicity, comfort, and convenience, online shopping portals and mobile apps are now being used by customers worldwide. And it is growing in popularity because of its ease of use and convenience, especially among younger people.
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Europe dominated the global market. Major sources of market revenue include economically advanced nations like Germany, the United Kingdom, and France. Three main variables that are anticipated to impact this region's market growth are a more financially independent population, increased per capita income, and shifting fashion trends. Also, the leading regional players' strong distribution networks make it possible for the goods to be easily and widely accessible. This is due to the larger regional market share on a worldwide scale.
The Asia Pacific market is anticipated to grow at the fastest CAGR. The regional market is expanding thanks in part to China and India. With the fastest-growing population and rising disposable income, the region is seeing significant demand for clothing. Because of the region's low labor cost and easy access to raw resources, many multinational corporations are establishing new operations there, which will increase the share of the employed population. Rising information technology innovations are also helping the market expand beneficially.
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Women’s Shirts and Blouses Market Drivers
Changing fashion trends
Increased consumer spending
Women’s Shirts and Blouses Market Restraints
Changing consumer preferences
Raw Materials Cost
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There are several well-established participants on the global market for women's shirts and blouses, as well as a number of small and medium-sized businesses. With consumers' expectations shifting along with fashion consciousness, key players are concentrating on product introductions. Furthermore, they are extending their influence globally through partnerships, agreements, and other techniques
Women’s Shirts and Blouses Market Top Player’s Company Profiles
Consumers are becoming more conscious of the environmental and social impacts of the fashion industry and are looking for products that are made using sustainable materials and production processes. many manufacturers are adopting sustainable and ethical practices to meet this growing demand. They are using eco-friendly materials such as organic cotton, bamboo, and recycled fabrics, and implementing sustainable production processes that minimize waste and reduce carbon emissions. sustainable materials and production processes, many manufacturers are also adopting ethical practices such as fair labor standards, safe working conditions, and fair pay for workers. This trend is driven by a growing awareness of the fashion industry's human rights abuses and labor violations.
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According to our global women's shirt and blouses market analysis, the market is driven by factors such as changing fashion trends, increased consumer spending, and technological advancements. Despite some challenges, such as raw material costs and changing consumer preferences, the market is expected to continue growing in the coming years. trends shaping the global women's shirt and blouses market include the growing demand for sustainable and ethical fashion, the rise of e-commerce and online sales, customization and personalization, fast fashion, athleisure, and gender-neutral clothing. Manufacturers that can adapt to these trends and meet the demands of consumers are likely to see significant growth opportunities. The market is highly competitive, with many large global players operating worldwide. These companies are investing in innovative marketing and sales strategies, such as e-commerce platforms and social media marketing, to reach a wider audience and improve the customer experience.
|Market size value in 2021||USD 110.86 billion|
|Market size value in 2030||USD 116.51 billion|
|Forecast Unit (Value)||USD Billion|
|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)|
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Parent Market Analysis
KEY MARKET INSIGHTS
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Global Women’s Shirts and Blouses 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 Global Women’s Shirts and Blouses 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.
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