PUBLISHER: GlobalData | PRODUCT CODE: 1706645
PUBLISHER: GlobalData | PRODUCT CODE: 1706645
Global Premium Apparel Market to 2029
This report offers an analysis of both the historic and forecast data of the global premium apparel market through to 2029. It provides a insights into key trends within the premium apparel market, alongside sales and growth across different regions and category groups. It also highlights key global premium apparel brands and their current competitive position.
Growth in the global premium apparel market slowed to 0.7% in 2024 from 4.6% in 2023, as lasting macroeconomic issues and high inflation impacted consumer demand. Footwear is expected to show the fastest forecast growth, rising at a 2024-2029 CAGR of 4.3%, driven by the success of premium running specialists such as On and HOKA. Asia-Pacific and Middle East & Africa are forecasted to showcase the strongest growths out to 2029, rising at 2024-2029 CAGRs of 5.6% and 4.4% respectively, due to rapid urbanization and a growing middle-class population. Lululemon remained the largest premium apparel brand in 2024, and gained further share thanks to international expansion and continued high demand for athleisure.
Key Highlights
- The premium apparel market will slightly outperform in the forecast years but remain overshadowed by value and luxury
- The long-lasting impacts of high inflation in the Americas and Europe will cause the regions to lose share in the forecast period
- Footwear has the fastest forecast growth, driven by the success of premium running brands
Reasons to Buy
- Gain an understanding of the drivers and inhibitors in the global premium apparel market
- Understand where the demand lies within the global premium apparel market across categories, and brands, to allow you to maximise customer acquisition.
- Identify the key approaches brands are taking to stand out in the global premium apparel market, and how you can adapt these to fit your own business.
Table of Contents
Table of Contents
EXECUTIVE SUMMARY
KEY TRENDS IN THE GLOBAL PREMIUM APPAREL MARKET
- Global Premium Apparel Market Drivers
- Global Premium Apparel Market Inhibitors
- Premium sportswear outperforms, driven by its versatility and quality
- Experiential stores help premium apparel brands build communities
- Strategies for Success in the Global Premium Apparel Market
- THE GLOBAL PREMIUM APPAREL MARKET: GLOBAL MARKET SIZE TO 2029
- Global Premium Apparel Market 2019-2029
- Global Premium Apparel Market by Price Positioning Share 2019, 2024 & 2029
- THE GLOBAL PREMIUM APPAREL MARKET: REGIONAL PERFORMANCE TO 2029
- Global Premium Apparel Market by Regional Share, 2019-2029
- Global Premium Apparel Market by Regional Growth 2019-2029
- Top 10 Premium Apparel Markets by Value, 2019, 2024 & 2029
- Top 10 Premium Apparel Markets by Forecast Growth, 2024-2029
- THE GLOBAL PREMIUM APPAREL MARKET: CATEGORY PERFORMANCE TO 2029
- Premium Apparel Market by Category, 2019, 2024 & 2029
- Global Premium Apparel Market by Category Value, 2019, 2024 & 2029
- COMPETITIVE LANDSCAPE: MARKET SHARES & BRAND PROFILES
- Top 10 Premium Apparel Brands 2023 & 2024
- Top 10 Brands: Winners & Losers Outlook
- Brands in Focus: Lululemon
- Brands in Focus: Levi's
- Brands in Focus: Lacoste
- Brands in Focus: Skims & HOKA
- Brands to Watch
METHODOLOGY
CONTACT US
List of Figure
List of Figures
- Global Premium Apparel Market Value, 2019, 2024 & 2029 ($ bn) with five-year CAGR (%)
- Global Premium Apparel Market Value ($ bn) 2019-2029, and Annual Growth (%)
- Price Positioning Share (%) within the Global Premium Apparel Market, 2019, 2024 & 2029
- Top 10 Global Premium Apparel Markets by Value ($ bn) 2019, 2024 & 2029 with Forecast CAGR (%) 2024-2029
- Top 10 Global Premium Apparel Markets by Forecast CAGR (%) 2024-2029
- Category Shares within the Premium Apparel Market (%) 2019, 2024 & 2029
- Global Premium Apparel Categories by Value ($ bn), 2019, 2024 & 2029 with Forecast CAGR (%) 2024-2029
- Top 10 Premium Apparel Brands by Market Share (%), 2023 & 2024 with Change in Share 2023-2024
- Lululemon's Premium Apparel Market Share (%) 2019-2024
- Levi's Premium Apparel Market Share (%) 2019-2024
- Lacoste's Premium Apparel Market Share (%) 2019-2024
