The data illustrates the size of the global apparel market in 2015 and 2017, by region. In 2017, the size of the apparel market in China was approx. 277.2 billion USD.
Apparel IndustryDespite the current global economic downturn, the global apparel industry continues to grow at a healthy rate and this, coupled with the absence of switching costs for consumers and great product differentiation, means that rivalry within the industry is no more than moderate. The apparel industry is of great importance to the economy in terms of trade, employment, investment and revenue all over the world.
