During the 2023–2025 period, jerseys and T-shirts will fare best in the apparel market. During this time, the global market for jerseys is anticipated to expand at a compound annual growth rate (CAGR) of 6.78 percent, while the market for T-shirts may expand at a rate of 6.55 percent. By the end of 2025, the global apparel market is projected to increase at a 4.50 percent CAGR to reach $1,574 billion.
By 2025, the market for jerseys will be worth $311.78 billion. According to statistics gathered from the market, the product’s market size was $226.16 billion in 2017, $243.83 billion in 2018, $264.30 billion in 2019, $224.60 billion in 2020, and $243.47 billion in 2021.
The global market for T-shirts is anticipated to grow from $157.10 billion in 2017 to $220.75 billion by 2025. When it comes to the size of the worldwide market, pants and shorts will continue to dominate the apparel sector. But compared to some of the other categories, the growth rate will be modest. T-shirts market size will increase from $354.38 billion in 2017 to $403.68 billion in 2025 at a rate of 3.84 percent.
With a CAGR of 3.07 percent, the global market for shirts is predicted to reach $173.14 billion, followed by that for coats, jackets, and blazers at $159.38 billion, suits, dresses, and ensembles at $116.17 billion, innerwear at $79.32 billion, babywear at $58.09 billion, skirts at $29.01 billion, and nightwear at $23.55 billion.
The total apparel market size will grow at the rate of 4.50 percent to reach $1,574 bn by 2025 from $1.387.74 bn in 2017, as per market report.