Value Apparel Market Size, Trends and Analysis by Region, Category, Brands and Forecast to 2027
October 11, 2023 ⚊ 1 Min read ⚊ Views 42 ⚊ BLOGThe value apparel market size was valued at $228.8 billion in 2022, exceeding pre-pandemic levels and outperforming the other apparel price positions. This was partly due to consumers trading down to more affordable brands as they faced inflationary pressures, but also due to the rapid rise of fast fashion player Shein, which has leapt into the market leading position. The market is expected to grow at a CAGR of more than 3% during 2022-2027.
Tags: Value Apparel Market