Apparel and footwear in 2024: The big picture
Apparel and footwear in Argentina saw a significant decline in retail volume sales over 2024. The Argentine economy is in deep recession with inflation rising to triple-digits, which has put an enormous strain on consumer disposable incomes over 2024.
2024 key trends
Heavy promotions and discounts were widespread in 2024, as brands attempted to sustain volume sales in a tough economic climate. Payment options that involve paying no interest rates on instalments were often used to stimulate sales.
Competitive landscape
Among the sports footwear and apparel brands, Adidas and Puma have the largest local production base and continue to be the most relevant. Both brands have been investing heavily in advertising and marketing and endorse celebrities to promote their products, such as Puma’s link with renowned singer Lali Esposito.
Retailing developments
Retail e-commerce continues to gain relevance in apparel and footwear, with brands selling direct and via leading e-commerce portals like MercadoLibre, which has official marketplaces for many of the apparel and footwear brands. Digital strategies are used to nurture purchases, such as celebrity endorsements on social networks that show the products, the possibility of messaging via WhatsApp to receive personalised advice, and explanatory videos on how to take measurements to determine the size of the products, which is usually the most difficult barrier when buying online.
What next for apparel and footwear?
The performance of apparel and footwear will be heavily influenced by how quickly the economy recovers from recession. Growth will be dependent on wage increases and higher levels of purchasing power.
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Overview:
Understand the latest market trends and future growth opportunities for the Apparel and Footwear industry in Argentina with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to the following key categories, where applicable:
- Childrenswear
- Apparel and Accessories
- Menswear
- Womenswear
- Jeans
- Hosiery
- Footwear
- Sportswear
If you're in the Apparel and Footwear industry in Argentina, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Apparel and Footwear in Argentina report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Apparel and Footwear in Argentina?
- Which are the leading brands in Argentina?
- How are products distributed in Argentina?
- How is the rise of e-commerce shaping demand?
- What % of apparel and footwear sales are made via grocery retailers?
- Do consumers want premium quality or fast fashion?
- How will COVID-19 and recession impact demand?
- How important is sustainability in Apparel and Footwear in Argentina?
- Where is future growth expected to be most dynamic?
Apparel and Footwear in Argentina
Apparel and footwear in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for apparel and footwear?
DISCLAIMER
Childrenswear in Argentina
KEY DATA FINDINGS
Childrenswear is least affected by the recession
Private label and unbranded clothing proves attractive in challenging economy
Cheeky and Mimo & Co are the brand leaders
The franchise model is key to the expansion of childrenswear brands
Children are playing a stronger role in the purchasing decision
Promotions will be essential to maintain sales
Apparel Accessories in Argentina
KEY DATA FINDINGS
Apparel brands extend range of accessories
IsaDora and Todomoda are the category leaders
Coldest winter in 60 years stimulates sales of hats, scarves and gloves
E-commerce channel will continue to support category
Men take a stronger interest in accessories
Climate change of great relevance to future development
Menswear in Argentina
KEY DATA FINDINGS
Causal clothing trend remains strong in menswear
Promotions and discounts are key strategic tool as demand contracts
Equus brand launches an environmentally friendly collection
Wider offer of accessories from menswear brands
New brands may enter as import restrictions subside
Fashion trends are spread via social networks
Womenswear in Argentina
KEY DATA FINDINGS
Domestic brands support womenswear in difficult economic climate
E-commerce retailing continues to gain relevance
Players look at new ways to rationalise costs
More categories are offered by womenswear brands
Imported brands are expected to launch in Argentina
Circular fashion increases its relevance in difficult economic context
Jeans in Argentina
KEY DATA FINDINGS
Financial payments by instalments are crucial in jeans alongside promotions and discounts
Jazmín Chebar showcases environmental credentials by partnering with Fundación Futuro Verde
Kosiuko leads innovation in the jean category
Jeans are among the most important categories in circular fashion
Super premium brands will be least affected by the economic downturn
Local players will remain strong in jeans
Hosiery in Argentina
KEY DATA FINDINGS
Lower use of sheer hosiery due to more casual attire
A few factories manufacture hosiery for all players
Room for innovation in hosiery
Design and modernity to shape the hosiery category
More hosiery is offered by apparel brands
Hosiery is highly attractive to importers
Footwear in Argentina
KEY DATA FINDINGS
Ricky Sarkany brand launches personalised sneakers
Iconic local sneaker brand Flecha is to make a comeback
Innovative On brand enters the country
Imported sportswear brands set to increase
Excess supply will generate price competition between the main brands
Specific footwear is once again available for some sports
Sportswear in Argentina
KEY DATA FINDINGS
Footwear brands expand their sportswear portfolios
Topper and Revolver brand launches a 90s inspired collection
Puma presents its new collaborative collection with the Lemlem brand
Greater importance of healthy living and relevance of influencers will support sportswear brands
Under Armour aims to build its position in Argentina
Shake up expected in the competitive landscape as imports enter
The following categories and subcategories are included:
Apparel and Footwear
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- Baby and Toddler Wear
- Boys' Apparel
- Girls' Apparel
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- Belts
- Gloves
- Hats/Caps
- Scarves
- Ties
- Other Apparel Accessories
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- Men's Nightwear
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- Economy Men's Jeans
- Standard Men's Jeans
- Premium Men's Jeans
- Super Premium Men's Jeans
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- Men's Jackets and Coats
- Men's Jumpers
- Men's Shirts
- Men's Shorts and Trousers
- Men's Suits
- Men's Tops
- Other Men's Outerwear
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- Men's Swimwear
- Men's Underwear
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- Women's Nightwear
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- Economy Women's Jeans
- Standard Women's Jeans
- Premium Women's Jeans
- Super Premium Women's Jeans
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- Women's Dresses
- Women's Jackets and Coats
- Women's Jumpers
- Women's Leggings
- Women's Shirts and Blouses
- Women's Shorts and Trousers
- Women's Skirts
- Women's Suits
- Women's Tops
- Other Women's Outerwear
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- Women's Swimwear
- Women's Underwear
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-
- Nightwear
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- Economy Jeans
- Standard Jeans
- Premium Jeans
- Super Premium Jeans
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- Dresses
- Jackets and Coats
- Jumpers
- Leggings
- Shirts and Blouses
- Shorts and Trousers
- Skirts
- Suits
- Tops
- Other Outerwear
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- Swimwear
- Underwear
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- Sheer Hosiery
- Non-Sheer Hosiery
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- Children's Footwear
- Men's Footwear
- Women's Footwear
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- Performance Apparel
- Outdoor Apparel
- Sports-inspired Apparel
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- Performance Footwear
- Outdoor Footwear
- Sports-inspired Footwear
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Apparel and Footwear
Apparel is the aggregation of clothing and footwear. This dataset covers retail sales of apparel through both store-based retailers and non-store retailers. Excludes black market sales (i.e. untaxed, generated within informal retailing)and duty free sales (travel retail). Items must be new when sold to the consumer; second-hand/used items are excluded. Antique and/or vintage clothing and footwear is also excluded.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Apparel and Footwear research and analysis database.
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