Worldwide Plus Size Women's Clothing Industry to 2028
In terms of value, the global plus size women's clothing market stood at US $178.56 billion in 2019 expanding at a CAGR of 4.3% during the forecast period from 2020 to 2028. The Asia Pacific dominated the market and expected to display a similar trend in the following years.Get more news about cheap Plus Size Bottoms for women,you can vist 5xsize.com!
There is continuous spending on apparel products among consumers across the globe. Within the apparel products, plus size apparels expected to witness the fastest growth during the forecast period. Plus size customers seek options that serve a similar level of luxury as women belonging under other size categories. With the rising demand, retailers focusing on launching plus size clothing. For instance, in 2018, Walmart launched a new brand - Terra, and Sky for the plus sizes in order to grab more number of customer attention. High street retailers such as River Island, Marks Spencer, New Look stock an entire options for the plus size women in order to fulfill the demands of the consumers. Such a step of the companies expected to increase the revenue growth of the plus size-clothing category in the following years.
The rising prevalence of obesity and overweight problems is fueling the market growth of plus size women's clothing market. Additionally, increasing body confidence among the plus size women has also increased the demand for such apparels that suit the latest fashion trends. Designers and retailers have noticed an increase in the demand for plus size clothing and thus they focus upon new product launches in order to fulfill the consumer demands and preferences.
However, plus size clothing results to increase in the cost of production and the manufacturers often refrain from manufacturing such clothes. This is mainly due to the fact that plus size apparel is considered a huge risk among the manufacturers as it becomes difficult for the manufacturers to assess regarding the exact customer preferences. Additionally, retailers experience higher investments in larger clothes and lower profit margins.
