Plus Size Apparel Market Expected to Reach $ 696,712.1 Million by 2027, Key Players and Forecast to 2021-2027


Plus Size Clothing Market Infographic

“Plus Size Clothing Market by Type, Gender, Age Group, and Price Point: Analysis of Industry Opportunities and Forecast, 2021-2027”

The growth in spending of the large middle class population on high calorie foods, especially in developing economies, is expected to increase obesity rates, thus creating opportunities in the plus size clothing market.

– Shankar Bhandalkar

PORTLAND, OREGON, USA, Aug 9, 2021 /EINPresswire.com/ – According to a new report released by Allied Market Research, titled “Plus Size Clothing Market by Type, Gender, Age Group and Price: An Analysis of the Opportunities and Industry Forecast, 2021-2027 ”, Global plus size clothing was valued at $ 480,991.8 million in 2019 and is expected to reach $ 696,712.1 million by 2027, registering a CAGR of 5, 9% from 2021 to 2027. The market is expected to show an additional revenue opportunity of $ 215.8 billion from 2019 to 2027. The increase in demand for plus size clothing, owing to the growth of the obese population, Increased consumer confidence and the increase in the number of brands offering plus size clothing has propelled the growth of the plus size clothing market.

Access the full summary: https://www.alliedmarketresearch.com/plus-size-clothing-market-A07966

Increasing demand for plus size clothing due to obese and overweight population, increasing trend towards body positivity and increasing confidence of plus size women due to heavy fashion advertisements and campaigns Promotional Products Drive Growth in Plus Size Clothing Market

The increase in demand for plus size clothing due to the obese and overweight population, the increasing trend towards body positivity and the increase in the confidence of plus size women due to the strong fashion advertisements and campaigns Promotional products are driving the growth of the plus size clothing market. However, high prices for retailers and the complexity of manufacturing are holding back growth to some extent. Additionally, the increasing availability of plus size clothing through omnichannel retailing and the growth of the brand’s presence in the industry provides a number of lucrative opportunities for market players.

On the basis of gender, the male segment held the largest market share with around half of the global plus size clothing market revenue in 2019 and is expected to reign on the roost during the forecast period. This is attributed to the presence of a proportionately large obese male population and high expenditure on plus size clothing. On the other hand, the female segment is expected to post the fastest CAGR of 7.50% throughout 2027. There has been an upward trend in female obesity rates, which has driven the growth of the segment. .

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Based on type, the casual clothing segment contributed nearly a third of the global plus size clothing market share in 2019 and is expected to lead the way during the study period. This is due to the increasing adoption and acceptance of casual wear among consumers for social occasions. On the other hand, the sportswear segment is expected to experience the fastest CAGR of 6.4% by 2027. The shift in consumer choices and preferences and the growing inclination towards athleisure sportswear is driving the market. segment growth.

On the basis of geography, North America led the market with a significant share in 2019, holding over a third of the global plus size clothing market. This is due to factors such as the availability of the largest obese population and the highest consumer spending on plus size clothing in this region. Moreover, the Asia-Pacific region is also expected to register the fastest CAGR of 6.50% between 2020 and 2027. This is due to the increase in the average calorie intake per individual among middle-class households and high-income households in this province.

The major players operating in the analysis of the global plus size clothing market are (H&M) Hennes & Mauritz AB, Ralph Lauren Corporation, Adidas AG (Adidas), PUMA SE, Nike, Inc. (Nike), ASOS plc, Capri Holdings Limited (Michael Kors), WHP Global (Anne Klein), Punto Fa SL (MANGO Inc.) and Under Armor, Inc.

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Main conclusions of the study

â—‹ By type, the plus size casual clothing segment was the largest contributor to the plus size clothing market, with $ 1,48,158.9 million in 2019, and is expected to reach $ 2,20,779 million by 2027, at a 6.3% CAGR over the forecast period.
â—‹ By age group, the 16 to 59 segment was the largest contributor to the market, with $ 2 82 918.9 million in 2019, and is expected to reach $ 409 215 million by 2027, at a 5.9% CAGR in the plus size clothing market forecast period.
â—‹ By gender, the male segment was the largest contributor to the market, with $ 2,41,736.50 million in 2019, and is expected to reach $ 3,38,032.8 million by 2027, at a CAGR of 6, 8% over the forecast period.
â—‹ In terms of price, the mid-range segment was the largest contributor to the market, with $ 1,790,370.6 million in 2019, and is expected to reach $ 2,58,260.7 million by 2027, at a CAGR of 5.8% over the forecast period.
â—‹ In 2019, North America was the largest contributor of revenue, accounting for $ 1,70,691.5 million in 2019, and is expected to reach $ 2 50,816.3 million by 2027, with a CAGR of 6.1%.

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â—‹ In-depth study of driving apparel market explores huge growth in future

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