This infographic highlights recent trends in apparel and footwear and Euromonitor's projections for the industry. Overall, global retail value sales rose by 2% in current terms in 2024, with womenswear remaining the largest category. Sportswear is forecast to see the fastest growth through to 2029, riding on the back of health and wellness and the continuous casualisation of dress codes around the world. Emerging markets in Southeast Asia, Latin America, and the Middle East and Africa are characterised by rapid economic development and increasing consumer spending, thus presenting significant opportunities for fashion brands over the forecast period.
Luxury and Fashion
Our global industry experts explore the key trends shaping consumer preferences that drive fashion and luxury, using timely insights to stay one step ahead of the latest innovations and business strategies.
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Apparel and Footwear Industry Overview
1/24/2025
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