Consumer Goods Market Report

24-july-19 The global women wear market projected to register a CAGR of 4.2% during the forecast period. Rising fashion consciousness, constantly changing trends coupled with strong inclination towards following these trends are the key factors driving the market. Furthermore, increase in the number working women leading to increased spending on apparels is anticipated to drive the growth. Asia Pacific is expected to register the fastest CAGR of 5.5% from 2019 to 2025. This region is expected to witness significant demand in the forthcoming years due to increasing awareness among women to keep up with the latest fashion trends, rise in disposable income, and increasing investments by foreign brands in the form of new outlets. Availability of women wear by local manufacturers and designers at a cheaper rate is expected to remain a prominent factor in benefiting the growth. The market is mainly driven by the presence of strongly developing economies such as China and India, where