Mumbai, India – September 22, 2014 – Even though, the global clothing market faced some initial trouble due to the economic turndown, it now continues to grow at a healthy rate. The clothing industry is of great importance to the economy in terms of employment, trade, investment and revenues all over the world. This industry is characterized by short product life cycles, extreme product differentiation with an inflexible supply process.

This report, Global Clothing Market to 2018 - Market Size, Growth, and Forecasts in Nearly 80 Countries, provides a detailed analysis of the market and focuses on the major players, recent developments and key drivers of the global clothing market. This comprehensive report also enables readers to understand the critical perspectives and trends that are prevailing in the market to be able to evaluate the world market for clothing more effectively.

Market overview
As compared to other consumer products, clothing remains a discretionary buy. This is the reason why it remains vulnerable to economic shocks in the industry. Inspite of this, the industry has shown great recovery since 2008-2009, with significant growth in emerging markets. On the other hand, demand for discount apparel stores with high end fashion clothes are also gaining a lot of attention.

Another trend that is catching on is shopping for clothes online. The e-commerce explosion can be seen in China, Asia Pacific, where online clothing sales have more than doubled during the last few years. Although convenience seems to be the most important factor in driving the growth in the online sector, discounts provided by sellers online is also one of the major contributors.

According to recent research, the global children’s wear market is expected to exceed USD 186 billion in 2014, which marks a 15% increase in the last 5 years. The global men’s clothing industry on the other hand is expected to rake in revenues of USD 402 billion in 2014, while women’s clothing market is expected to reach USD 621 billion.

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