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The Women’s Apparel market stands as a dynamic force within the global fashion industry, embracing a plethora of clothing and accessories to suit diverse style preferences and lifestyles. Reflecting evolving fashion trends, cultural influences, and consumer demands, it serves as a canvas for personal expression and identity. With a forecasted expansion at a CAGR of 4.9 per cent, reaching $5,958.6 million by 2031 according to Persistence Market Research, this market thrives amidst the influence of social media, e-commerce, and sustainability concerns.
Factors driving market growth
Shifting Fashion Trends and Consumer Preferences: Fashion trends evolve incessantly, propelled by cultural shifts and social media. Women's apparel brands adapt to these trends, offering collections that resonate with consumers' desires for style, comfort, and versatility.
Rise of E-Commerce and Digital Retailing: E-commerce platforms redefine the shopping experience, providing convenience and personalized options. Features like virtual try-ons enhance accessibility and drive the growth of digital Women’s Apparel market.
Influence of Social Media and Influencer Marketing: Social media platforms wield significant influence over fashion preferences. Collaborations between brands and influencers amplify brand reach and drive product discovery, reshaping the digital landscape of the Women’s Apparel market.
Emphasis on Sustainability and Ethical Fashion: Growing awareness of environmental issues fuels demand for sustainable and ethically produced apparel. Consumers seek transparency and eco-friendly practices, favoring brands that prioritize ethical sourcing and environmentally responsible manufacturing.
Fashioning trends with style and substance
The women’s apparel market is a vibrant tapestry influenced by changing trends, consumer preferences, and societal norms. Inclusivity emerges as a significant opportunity, with rising demand for clothing options that cater to diverse body types and backgrounds. Manufacturers can capitalize by offering inclusive sizing and adaptive clothing, fostering an empowering shopping experience for all women.
Moreover, sustainability drives consumer interest, leading to a demand for eco-friendly practices. Brands adopting sustainable materials and transparent manufacturing processes build trust and loyalty among environmentally conscious consumers, contributing to positive change in the fashion industry.
Additionally, innovation fuels market growth, with a focus on functional and versatile designs. Advanced fabrics and technology-driven solutions meet the needs of modern consumers, enhancing comfort and convenience in clothing choices.
Market trends
The demand for sustainable and ethically produced clothing is on the rise, influencing purchasing decisions and shaping brand loyalty among environmentally conscious consumers.
Online platforms and digital marketing play a significant role in shaping consumer preferences and driving fashion trends, offering seamless shopping experiences for digital-savvy consumers.
Market challenges
The challenge lies in balancing the demand for fast, affordable fashion with sustainability goals. Addressing issues such as textile waste and labor exploitation requires investment in sustainable practices and circular economy initiatives.
Historically, limited size ranges have excluded many body types from mainstream fashion offerings. Apparel brands are responding by expanding size options and embracing body-positive messaging to promote inclusivity.
Latest developments
Recent advancements focus on innovation and personalization, with brands investing in sustainable materials and offering customizable options. Circular fashion initiatives further promote sustainability, while personalized shopping experiences enhance customer engagement and satisfaction.
The Women’s Apparel market stands at the intersection of style, sustainability, and innovation. With evolving trends and consumer demands, brands have the opportunity to shape the future of fashion while embracing inclusivity, sustainability, and technological advancements. As the market continues to evolve, adaptation and innovation will be key to staying ahead in this dynamic industry.
Embracing the cowboy culture trend wholeheartedly, denim brand Wrangler has made it a cornerstone of its brand identity. The brand has collaborated with a historic ranch in Wyoming, Diamond Cross Ranch, to launch a new collection inspired by the ranch’s rich heritage. The collection features apparel adorned with branding and designs reminiscent of the ranch's 112-year legacy.
The Diamond Cross Ranch has served as a backdrop for many Wrangler campaigns in the past including the recent fall 2023 campaign. Wrangler continues to collaborate with brands from diverse backgrounds and audiences. Its previous collaborations, such as the one with Kendra Scott, aimed to tap into different demographics. Wrangler usually partners with brands that share similar audiences, like Diamond Cross Ranch. This synergy allows Wrangler to leverage shared values and interests to captivate consumers.
The surge of interest in Western aesthetics, spurred by cultural phenomena like Beyoncé's ‘Cowboy Carter’ album and Louis Vuitton's Americana-inspired collection, has significantly benefited Wrangler. Foot traffic at Levi’s stores has increased alongwith a rise in sales of cowboy boots and fringe jackets, shows data.
Wrangler's brand appeal also got a boost from the brand’s collaboration with country music stars like Cody Johnson and Lainey Wilson. The brand also engaged with smaller content creators organically, amplifying its presence across platforms like TikTok.
The brand's direct-to-consumer sales grew by 11 per cent, with a notable 5 per cent increase in sales to women, attributed to the Western trend. However, navigating the uncertain future of TikTok, due to potential ban legislation, poses challenges for Wrangler, impacting its investment decisions.
Innovations in denim mills for the Fall/Winter 2025-26 season are being driven by a focus on circularity, performance, and freedom of movement.
The recent disruptions in the fiber supply chain are compelling Crescent Bahuman Limited (CBL) to explore alternatives to sustain its environmental commitments. Imran Tanveer, Assistant Vice President- Research and Development, CBL, highlights the use of OnceMore viscose fibers and Lenzing Ecovero as viable substitutes.
There is a growing interest in regenerative farming practices as evidenced by Naveena Denim Mills’ partnership with Lenzing to combine Tencel fibers and regenerative cotton.
Orta is incorporating recycled wool fiber into its denim for added warmth and character, promoting circularity alongside the use of organic cotton, recycled materials, and Tencel.
Advance Denim expands its Ecocool line with Naia Renew and carbon zero Tencel for enhanced functionality and sustainability.
SM Denim introduces Paper Denim, made from recycled paper, offering lightweight and breathable fabrics with a unique texture. Matte Tencel is also utilized for improved softness and drape.
Raymond UCO Denim emphasises 100 per cent cotton denim along with natural fibers like jute and Kapok for comfort and insulation
AGI Denim and Cone Denim focus on sustainability with Creora Bio-based and Creora Regen fibers, respectively, reducing carbon footprint and offering alternatives to traditional spandex.
Artistic Milliners partners with Lenzing to incorporate 32MM Tencel, enhancing compatibility with recycled cotton and increasing recycled content in denim fabrics.
Sapphire Mills integrates Q-Cycle yarns, which reduce CO2 emissions and water usage by utilising non-fossil feedstock.
Bossa prioritises recycled cotton and introduces Saxcell blended denim, harnessing recycled textiles and agricultural waste for environmentally conscious denim production.
Each mill's approach reflects a commitment to sustainability and innovation in the denim industry, driven by the need to address environmental challenges and consumer demand for more responsible fashion choices.
The US Federal Trade Commission (USFTC) has blocked the merger of Coach’s parent company Tapestry with Capri, the owner of Michael Kors. This $8.5 billion deal would eliminate direct competition between the two luxury handbag brands, thus potentially reducing employee wages and benefits, warns USFTC.
USFTC states, the merger could prevent millions of American consumers from benefiting from competition between Tapestry and Capri, which includes factors such as pricing, discounts, innovation, design, and marketing. This challenge from the USFTC might establish a precedent for regulating such mergers.
Antitrust lawyers noted that the USFTC's opposition is based on new merger guidelines issued in December, which prioritise maintaining fair and competitive markets. The commission’s argument also highlights concerns about potential negative impacts on workers, such as lower wages and poorer working conditions.
Tapestry had proposed the acquisition in August, with an aim to create a dominant force in the US fashion market capable of competing with larger European rivals like LVMH, the parent company of Louis Vuitton. Despite receiving regulatory clearance from the European Union and Japan, the FTC's challenge has thrown the deal into uncertainty.
Capri Holdings expressed strong disagreement with the FTC's decision, asserting that the merger would not harm competition. Tapestry echoed this sentiment, emphasising the pro-competitive and pro-consumer nature of the deal.
Archroma, a leading player in specialty chemicals advocating sustainable solutions, unveils Phobotex NTR-50 LIQ, a cutting-edge bio-based durable water repellent (DWR) finish. This innovation targets mills and brands, promising a delicate touch alongside formidable rain and stain protection, bolstering sustainability credentials.
Phobotex NTR-50 LIQ boasts exceptional water repellence across various fibers, emphasizing a luxuriously soft handle while sidestepping issues like yellowing and chalk marking. Particularly effective on synthetic fibers and blends, it finds its niche in apparel, outdoor gear, and home textiles.
This eco-conscious DWR comprises 50 per cent renewable carbon content, eschewing per- and polyfluoroalkyl substances (PFAS) and formaldehyde. Its crosslinker-free formula enhances flexibility in application. Furthermore, it exhibits commendable wash durability and can be augmented with Arkophob NTR-40 for added resilience against laundering.
Georg Lang, Market Segment Director Finishing at Archroma Textile Effects, underscores the company's commitment to sustainable innovation. Phobotex NTR-50 LIQ epitomizes this ethos, offering a superior DWR with enhanced comfort, enabling brands to fulfill consumer expectations for both performance and wearability.
Notably, textiles treated with Phobotex NTR-50 LIQ qualify for the High IQ Repel assurance program, assuring consumers of performance, protection, and eco-friendliness. Its excellent runnability further solidifies its appeal to mills, addressing production challenges while maintaining high standards of performance and safety.
Kraig Biocraft Laboratories, Inc. declares a significant achievement today, marking the completion of rearing the first generation of its innovative BAM-1 parental strains in its spring production trial.
Supervised by renowned sericulture expert Nirmal Kumar, the company surpassed all anticipated rates and control benchmarks, yielding exceptional cocoon production.
Kumar commended the robustness of the BAM-1 parental lines, noting their rapid growth and impeccable health. With the successful rearing stage now concluded, Kraig Labs prepares to scale up production based on the performance and resilience of the BAM-1 parental lines.
The meticulously monitored trial revealed no instances of disease across the four production batches, affirming the strength of the recombinant spider silk strains.
CEO Kim Thompson expressed gratitude to the team, consultants, and Kumar for surpassing expectations, citing faster growth rates and larger cocoon sizes compared to previous R&D outcomes.
As the current trial approaches completion, ongoing data collection indicates a high success rate, positioning the company to accelerate production to metric-ton levels.
Thompson anticipates the conclusion of the trial to confirm the two-year acclimation program's success, signaling a promising future for Kraig Biocraft Laboratories in the silk production landscape.
Pure London x JATC, the UK's premier fashion festival, has announced its theme, "Immersive Encounters," for the upcoming July 2024 event. The theme, inspired by the latest trends forecasted by Trendhub by BDA London, promises a seamless integration of fashion and technology, setting the stage for an unparalleled experience at the event, which merges two influential shows to lead the fashion agenda.
"Illusory," a key trend from Trendhub's S/S 25 forecasts, serves as the cornerstone of "Immersive Encounters." This theme explores the intersection of artificial intelligence and design, crafting immersive experiences that blur the lines between reality and illusion. Jennie Kwan, Head of Creative at Hyve, expresses excitement about bringing this concept to life, emphasizing its potential to redefine the creative landscape of the show.
The campaign imagery and graphics for "Immersive Encounters" will feature a vibrant color palette, including matte pearlescent tones and enduring shades, reflecting the dynamic fusion of digital elements with organic forms. Drawing on over 30 years of expertise in trend forecasting, Trendhub by BDA London promises to offer tangible directions that resonate across product design, marketing, and merchandising.
Terrie Isaac, Head of Creative at BDA London, underscores the significance of this collaboration, highlighting their commitment to translating innovative trends into actionable strategies for retailers. The partnership with Trendhub presents a unique opportunity for visitors and exhibitors to gain insights into future trends and consumer preferences, staying ahead of the curve in the fast-paced fashion industry.
Gloria Sandrucci, Event Director at Pure London, expresses excitement about the latest campaign theme, Immersive Encounters. The theme encapsulates creativity, diversity, and boldness, reflecting the industry's trajectory for S/S 25 and offering invaluable foresight for retailers seeking to curate sought-after collections.
Pure London x JATC will take place from 14th to 16th of July 2024 at Olympia London, promising an immersive journey into the future of fashion. From curated brand showcases on the catwalk to daily trend sessions, the event aims to redefine the fashion landscape, one trend at a time.
Bangladesh, the world's second-largest garment exporter after China, is undergoing a significant shift in its cotton import strategy. Traditionally, India was the primary source of cotton. However, in recent years, African countries have emerged as the dominant supplier. This trend has major implications for both the Indian and global cotton trade and both economies.
Bangladesh's cotton import scenario
As per USDA data based on Bangladesh NBR as of 2022-23, Bangladesh's cotton import was dominated by Africa, with Western Africa accounting for 39 per cent (Cameroon: 9 per cent, Chad: 3 per cent). Other significant contributors include Brazil (16 per cent), India (12 per cent), and the US (10 per cent).
BTMA’s past data highlights the dramatic change. In 2010, India supplied 22 per cent (over 1.1 million bales) of Bangladesh's cotton needs. This share rose to 55 per cent in 2015 (2.9 billion bales) but has since slumped to just 12 per cent. In the interim African cotton imports have steadily increased over the past decade, driven by factors like competitive pricing and faster delivery times facilitated by warehouses in Port Klang, Malaysia.
Reasons for the shift
There are many reasons behind this shift. One major reason is quality. Bangladeshi manufacturers claim African cotton offers superior quality compared to Indian cotton, leading to better yarn and garment production. "Among the African countries, the quality of cotton from Cameroon is very good followed by Chad and Mali.
But, one of the main reasons behind the increase of cotton exports is African Cotton Association. Members of the organization get special financial assistance from IDB enabling them to export good quality cotton at competitive prices and in a short period of time. And, Bangladeshi mill owners are able to take this advantage," said BTMA president Mohammad Ali Khokon Mohammad Ali Khokon
Uninterrupted supply is another reason as India has a history of export bans to meet domestic demand, disrupting Bangladesh's supply chain. African countries offer consistent supply through IDB-supported warehouses in Port Klang, Malaysia that enable faster and more efficient delivery to Bangladesh compared to traditional Indian routes, points out Khokon.
Moreover, African cotton is considered price competitive with Indian cotton, making the quality advantage even more attractive. The Islamic Development Bank (IDB) provides financial assistance to African cotton associations, allowing them to offer competitive prices to Bangladeshi importers.
Also, Indian cotton suppliers are accused of failing to meet quality standards and delivery commitments, leading to production issues for Bangladeshi mills. "Bangladesh produces yarn from good quality cotton. This is why cotton imports from Africa and America are on the rise," says Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) executive president Mohammad Hatem.
Impact on cotton trade
For India this means, loss of market share. India's cotton exports to Bangladesh are likely to decline further as Bangladesh diversifies its sourcing strategy. The decline in cotton exports to Bangladesh will impact Indian cotton producers and exporters. They may need to focus on improving quality and reliability to regain Bangladesh's market share.
African cotton producers are likely to benefit from this shift, experiencing increased demand and potentially higher prices. Investment in infrastructure and quality control can further solidify their position.
For Bangladesh this means they have access to higher-quality cotton that allows them to produce better quality yarn and garments, potentially boosting exports. Reduced reliance on a single source mitigates risks associated with potential supply disruptions in India.
The overall impact on the global cotton market is difficult to predict. It may lead to a slight shift in demand patterns, but significant changes are unlikely given Bangladesh's import volume represents a small portion of the global cotton trade.
Indeed, the rise of African cotton producers could reshape global cotton trade dynamics. Increased competition between African and traditional cotton exporters could potentially stabilize or even lower cotton prices.
The future of the global cotton trade hinges on India's ability to adapt to the changing dynamics. By addressing quality concerns, ensuring reliable supply, and fostering trust with Bangladeshi buyers, India can potentially regain its position as a significant cotton supplier. However, Africa's growing prominence and Bangladesh's continued diversification efforts suggest a more competitive and complex global cotton trade landscape in the years to come.
Bangladesh's apparel exports to the European Union market increased by 8.5 per cent M-o-M to approximately €1.3 billion in February 2024, marking the highest increase in the past four months.
However, Bangladesh’s apparel exports to the EU declined by 18.6 per cent Y-o-Y, according to Eurostat.
In the first two months of 2024, Bangladesh’s apparel exports to the EU witnessed declined by 26.74 per cent. The country’s knitwear exports to the EU during the period declined to €1.42 billion compared to €2 billion in the same period a year ago.
Similarly, Bangladesh’s woven garment exports to the 27-nation economic bloc during the first two months of 2024 decreased to €1.06 billion from €1.38 billion in the corresponding period of last year, according to Eurostat data.
Recent data from the US Department of Commerce's Office of Textiles and Apparel (OTEXA) indicates, Bangladesh lagged behind its competitors in apparel exports to the American market during the Jan-Feb’24 period.
Bangladesh’s apparel exports to the US declined by 19.24 per cent during the first two months of this year. This contrasted with China, whose apparel exports to the US grew by 0.48 per cent, and Vietnam, which recorded an increase of 0.14 per cent during the same period.
According to Eurostat, clothing imports by the EU from various countries also declined by 15.31 per cent to €12.53 billion in the first two months of 2024 from €14.80 billion in the same period last year.
Specifically, apparel imports from China dropped by 13.12 per cent to €3.33 billion in the Jan-Feb’24 period, compared to €3.83 billion in the same period of 2023.
The EU's apparel imports from Turkey decreased by 10.69 per cent to €1.54 billion from €1.72 billion in the same period of the previous year.
Exporters voiced concerns over challenges faced by the industry, including increased production costs due to utility price and wage hikes, which have made Bangladesh less competitive in the global market. SM Mannan Kochi, President, BGEMEA, emphasised, despite heightened production, proper prices are not being met by buyers.
Echoeing these sentiments, Mohammad Hatem, Executive President, BKMEA, highlights, despite an increase in inquiries from western buyers, many manufacturers are unable to fulfill orders due to low prices offered by buyers.
Moreover, the ongoing gas crisis in the country has resulted in an increase in Bangladesh's lead times to 89-90 days from 50-60 days. This is making difficult for apparel makers to meet the demand for shorter lead times by buyers. Consequently, many western buyers are turning to Vietnam and China for their orders.
Bangladesh’s apparel exports to the US also declined notably during the Jan-Feb’24 period, according to data from the US Department of Commerce's Office of Textiles and Apparel (OTEXA).
Meanwhile, clothing imports by the EU from various countries, including China and Turkey declined during the first two months of 2024, indicating a broader trend of reduced apparel imports into the bloc.
