Asia-Pacific Clothing and Footwear Retailing Market Share 2020 Nov 2016

Asia-Pacific Clothing and Footwear Retailing Market Size,
Share, Key Trends and Opportunities Forecasts 2020
Summary
Asia-Pacific is the fastest-growing clothing and footwear market globally. Similar to developed markets, fast
fashion and value clothing is gaining popularity in Asia. China is the largest market in the region and will fuel
maximum value growth on the back of rising fashion consciousness, large population base, and changing lifestyles.
Online channel is expected to lead over other conventional clothing and footwear channels during 2015-2020 with
major retailer adopting innovative technologies to engage customers and enhance convenience. The region will
continue to benefit from rising expenditure on clothing and footwear from middle-income cohort, which accounts
for majority of the population in fastest growing markets.
Access Full Report with TOC @ http://www.radiantinsights.com/research/clothing-and-footwear-retailing-inasia-pacific-2015-2020
Key Findings
- Asia-Pacific is expected to grow at a CAGR of 8.1% over the next five years
- Despite slowdown, Chinese market will expand its clothing and footwear share by 3.2%
- Private labels and mid-priced brands are gaining popularity in countries like China and India as shoppers are value
driven and looks for savings before making a purchase
- Indonesia, Philippines and India to become top three fastest growing markets supported by huge middle class
population base and rising disposable income.
- Clothing, footwear, accessories and luxury goods specialists are the largest channel for clothing and footwear
sales in Asia-Pacific, contributing 72% of total sales in 2015
Synopsis
The "Clothing and Footwear Retailing in Asia-Pacific, 2015-2020" report, published by Verdict Research, provides
analysis of current and forecast market data for clothing and footwear retail sales sold through major channels in
Asia-Pacific.
What else does this report offer?
- Current market sizes and forecasts for 2020 by country with an assortment of charts that ranks countries based
on market size, growth rate, value growth and channel sales