Apparel and footwear in 2024: The big picture
The apparel and footwear market in Singapore is set to experience a notable slowdown in retail growth in 2024, compared to the robust performance of the previous three years. During 2021–2022, the market rebounded strongly, following the easing of pandemic restrictions.
2024 key trends
The apparel and footwear market is being shaped by several key distinct trends that reflect shifting consumer preferences and evolving lifestyles. One prominent trend is the growing demand for comfort and casualisation, with many consumers opting for relaxed fits and soft fabrics that enhance everyday wear.
Competitive landscape
The competitive landscape for apparel and footwear in Singapore features a diverse array of brands catering to a wide spectrum of consumer preferences and lifestyles. Uniqlo leads the market, underpinned by its focus on affordable and versatile basics that resonate with a broad demographic.
Retailing developments
The retail landscape for apparel and footwear is undergoing significant transformation, with e-commerce emerging as a pivotal growth driver, especially for budget-conscious consumers. Fast fashion giant Shein continues its rapid expansion, attracting shoppers with its on-trend collections and low shipping costs, making its offering highly accessible.
What next for apparel and footwear?
Additionally, the demand for inclusivity and social responsibility is growing. Brands that advocate for diversity, showcase a range of body types, and actively participate in social causes are likely to resonate more with consumers.
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Overview:
Understand the latest market trends and future growth opportunities for the Apparel and Footwear industry in Singapore 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 Singapore, 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 Singapore 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 Singapore?
- Which are the leading brands in Singapore?
- How are products distributed in Singapore?
- 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 Singapore?
- Where is future growth expected to be most dynamic?
Apparel and Footwear in Singapore
Apparel and footwear in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for apparel and footwear?
DISCLAIMER
Childrenswear in Singapore
KEY DATA FINDINGS
Childrenswear market continues to grow, despite declining birth rate
Uniqlo leads childrenswear rankings, while luxury brands lose ground
Womenswear brands expand their offerings to include childrenswear
Growing demand for children’s sportswear
Rising interest in coordinated outfits and matching sets
E-commerce will continue to be an important channel
Apparel Accessories in Singapore
KEY DATA FINDINGS
Accessories play a complementary role in the fashion landscape
Decline in demand for face masks impacts overall sales
Luxury brands remain dominant
Stagnation in apparel accessories, driven by casualisation of fashion trends
Social media and social commerce will continue to influence demand
Brands will increasingly move online
Menswear in Singapore
KEY DATA FINDINGS
Menswear in Singapore is evolving, with comfort, style, and social media driving consumer preferences.
Uniqlo continues as clear leader
Men’s nightwear sees limited demand
Market will continue to evolve as Singaporean men become more fashion conscious
Sustainability and versatility will become defining attributes
E-commerce will continue to expand
Womenswear in Singapore
KEY DATA FINDINGS
Womenswear market in Singapore shows degree of resilience despite economic challenges
While appetite for luxury brands remains strong, consumers shift towards value-conscious spending
Continued demand for dresses and skirts despite casualisation trend
Omnichannel approach will be key to future success, as women shift back to in-store shopping
Singapore's fast-fashion market will continue to evolve, with integrated platforms and social commerce
Womenswear players will need to adapt to diverse consumer preferences, including luxury, fast fashion, and sustainability
Jeans in Singapore
KEY DATA FINDINGS
Jeans see static performance, despite status as versatile staple
Resurgence of denim-on-denim trend
Uniqlo leads an evolving market
Jeans will continue to evolve, alongside shifting consumer preferences
Fast-fashion giants are poised to drive growth
Online channels will remain popular amongst buyers, especially younger generations
Hosiery in Singapore
KEY DATA FINDINGS
Hosiery sees modest growth in 2024, driven by non-sheer hosiery
Functional sports socks contribute to growing demand for non-sheer hosiery
Lack of a clear market leader
Slow growth anticipated over the forecast period
Fashion trends will boost growth in traditionally functional category
Growing role of e-commerce will boost demand for non-sheer hosiery
Footwear in Singapore
KEY DATA FINDINGS
Footwear sees strong growth, driven by active lifestyles, sneaker culture, and sustainability
Focus on comfort and durability
Sportswear players dominate the market
Leading players will invest in localisation strategies
Personalisation trend will grow in strength
Physical stores will remain important to create immersive experiences for consumers
Sportswear in Singapore
KEY DATA FINDINGS
Rise of sportswear as everyday fashion
Performance footwear gains traction
Nike, Adidas, and local players compete for dominance
Health-conscious lifestyles will fuel further expansion
More sportswear bands will embrace diversity with greater emphasis on inclusive designs
Running will continue to gain momentum as popular fitness activity
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?
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- Track key industry trends, opportunities and threats
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This report originates from Passport, our Apparel and Footwear research and analysis database.
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