Allied Market Research published a report, titled, "Plus Size clothing
Market by Type (Casual Wear, Formal Wear, Sportswear, and Others),
Gender (Male and Female), Age Group (Below 15, 16 to 59, and 60 &
Above) and Price Point (Economy, Mid-Range, and Premium): Global
Opportunity Analysis and Industry Forecast, 2021–2027" According to the
report published by Allied Market Research, the global plus size
clothing industry garnered $480.99 billion in 2019 and is anticipated to
reach $696.71 billion by 2027, growing at a CAGR of 5.9% during the
forecast period.Get more news about
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Rise in demand for plus size clothing owing to obese and overweight
population, growing trend of body positivity, and rise in confidence
among plus size women due to strong fashion advertisements and
promotional campaigns drive the growth of the plus size clothing market.
However, high pricing for retailers and complexity in manufacturing
curtail down the growth to certain extent. Moreover, rise in
availability of plus size clothing via omnichannel retail and growth in
brand presence in the industry offer a number of lucrative opportunities
to the market players.
Based on type, the casual wear segment contributed to nearly one-third
of the global plus size clothing market share in 2019 and is anticipated
to lead the trail during the study period. This is due to growing
adoption and acceptance of casual wear among consumers for social
occasions. On the other hand, the sportswear segment would grow at the
fastest CAGR of 6.4% by 2027. The change in consumer choices and
preferences and increasing inclination towards athleisure sportswear
drive the growth of the segment.
Based on gender, the male segment held largest market share with around
half of the global plus size clothing market revenue in 2019 and is
expected to rule the roost during the forecast period. This is
attributed presence ofproportionately large male obese population and
high spending on plus size clothing. On the other hand, the female
segment is expected to manifest the fastest CAGR of 7.50% throughout
2027. There has been an increasing trend in the female obesity rates,
which has driven the growth of the segment.
Based on geography, North America dominated the market with major share
in 2019, holding more than one-third of the global plus size clothing
market. This is owing to the factors such as availability of largest
obese population and highest consumer spending on plus size clothing in
this region.Moreover, the Asia-Pacific region is also anticipated to
register the fastest CAGR of 6.50% during 2020 to 2027. This is owing to
the increasing average caloric intake per individual among middle class
and high-income households in this province.
The Wall