The apparel industry continues to grow, thanks to the increase in online shopping demand. Increased online presence has helped manufacturers expand their regional consumer base.
The increase in per capita income, the favorable demographics, and the movement in consumer preference toward branded goods should significantly drive the industry’s growth. According to Data Bridge Market Research, the apparel market is expected to reach $815.08 billion by 2030, growing at a CAGR of 4.2%.
