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Save your spotThe global sportswear market is forecast to grow at a CAGR of 2% between 2025 and 2030, outpacing the wider apparel market.
The US tariffs on imports is placing pressure on sectors with high import dependency—including food, apparel and automotive.
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We research three distinct categories, with detailed sub-category breakdowns: apparel, footwear and sportswear. We research 46 countries and produce modelled data where we don’t have local in-country analysts.
Use our thought-provoking insights to understand the key drivers influencing industry growth.
Our data analytics and insights support a wide range of functions across your organisation. You have a single source of truth when making your strategic decisions.
We research three distinct categories, with detailed sub-category breakdowns: experiential luxury, fine wines/champagne & spirits and personal luxury. We research 32 countries and produce modelled data where we don’t have local in-country analysts.
Use our thought-provoking insights to understand the key drivers influencing industry growth.
Our data analytics and insights support a wide range of functions across your organisation. You have a single source of truth when making your strategic decisions.
We research four distinct categories, with detailed sub-category breakdowns: bags & luggage, jewellery, traditional & connected watches and writing instruments. We research 32 countries and produce modelled data where we don’t have local in-country analysts.
Use our thought-provoking insights to understand the key drivers influencing industry growth.
Our data analytics and insights support a wide range of functions across your organisation. You have a single source of truth when making your strategic decisions.
We help answer your biggest commercial questions. Use our independent and unbiased research to test your instincts and find evidence to support your ideas.
Euromonitor’s market research reports are an excellent starting point for understanding a category or market quickly. For more detailed data analytics and insights, Passport is the resource you need. It offers strategic industry knowledge, tactical data and actionable insights all in one place. Alternatively, if you require custom research our consulting team is ready to help you.
Euromonitor’s market research reports are an excellent starting point for understanding the leading companies and brands in a category and market. For more detailed data analytics and insights, Passport is the resource you need. Alternatively, if you require custom research our consulting team is ready to help you.
Euromonitor’s market research reports are an excellent starting point for understanding a category or market and the leading companies quickly. For more detailed data analytics and insights, Passport is the resource you need. You can discover new product launches faster than ever before and track their expansion and withdrawal. Alternatively, if you require custom research our consulting team is ready to help you.
Apparel and footwear was among the industries worst hit by the COVID-19 pandemic, and as the ongoing conflict in Ukraine further disrupts the world’s economy, fashion players are now in a race to adapt to an increasingly uncertain environment. Those investing in their digital transformation to offer new products, experiences and to rethink their supply chains will be best positioned to win, while upping one’s game on diversity and sustainability is also becoming imperative.
The global luxury goods industry continues to recover; however, luxury brands are beginning to feel the strain of sluggish global growth. Caution and uncertainty reign across the landscape amid these volatile conditions, and the industry will continue to be shaped by a complex interplay of converging factors, including rising demand from emerging markets, new technology, weak economic growth, geopolitical instability, climate change, a reset of globalisation and changing consumer preferences.
In 2024, offline retail led with 81.2% of global sales, showing the continued value of in-person shopping for tactile engagement, instant gratification, and trust which remains integral to the path to purchase in personal accessories. Yet, with e-commerce rising to 18.8%, digital adaptability is vital. Consumers expect seamless, tech-enhanced experiences. Retailers must innovate in-store while integrating digital tools and omnichannel services to stay competitive in a blended retail future.
The sportswear market in Turkey demonstrated significant growth in 2025, with a 37% increase in market size to TRY160 billion, driven by the rising demand for athleisure wear and health-conscious behaviour among consumers. This growth is expected to continue, with a forecast CAGR of 19% to reach TRY380 billion by 2030. The market’s attractiveness is enhanced by the increasing popularity of e-commerce and digital platforms, which have expanded market access for sportswear brands. To succeed in th
Apparel and footwear in the US experienced modest growth in 2025, with a marginal retail volume increase, and 1% retail current value growth. This subdued performance was driven by a combination of factors, including ongoing tariff changes and shifting consumer preferences. The rise of the resale and rental trends, driven by consumers seeking affordability and sustainability, also hampered growth in primary sales. Apparel and footwear is characterised by a high level of fragmentation, with a mix
In 2025, Mexico’s jeans category experiences a gradual recovery, shaped by economic uncertainty, trade-related pressures on imports, and shifting consumer behaviour. While demand remains below historical peaks due to market maturity and the durable nature of denim, local producers have strengthened their position as higher costs for international fast-fashion brands have reduced competitive pressure. At the same time, sustainability-driven resale, market polarisation, and the growing role of e-c
In 2025, fine wines/champagne and spirits in Mexico achieved moderate growth of 4% in value sales, reaching MXN10.0 billion. This rise reflects the ongoing premiumisation trend and increased emphasis on artisanal craftsmanship. Despite persistent inflation, consumers continued to invest in high-quality, exclusive beverages, particularly tequila, which strongly embodies Mexican cultural identity, and appealed to both local and international markets, driving notable growth. The premiumisation tren
In 2025, retail value sales of luxury goods in China saw a solid increase in current value terms, despite consumer sentiment being cautious owing to ongoing macroeconomic uncertainties, including slower GDP growth and sustained pressure on household incomes. Demand for luxury goods remained robust, driven by consumers' continued interest in meaningful experiences and their increasing perception of luxury goods as an investment. However, this was partially offset by some consumers reducing their
In 2025, designer apparel and footwear in Taiwan continued its steady growth trajectory, with retail value sales increasing by 1% compared to the previous year, to reach TWD67.5 billion. This growth underscores the sustained consumer preference for quality over quantity, as Taiwanese consumers increasingly prioritise premium, eco-conscious products. Notably, the expansion was particularly pronounced in men's designer apparel and footwear, which outpaced the women's segments in terms of value gro
