The plus size clothing market is worth US$ 288 billion in 2023 and is expected to cross US$ 501.35 billion by 2033. The sales of plus size clothing are anticipated to expand at a 5.7% CAGR during the projected period. Factors that contribute to the growth and popularity of the plus size clothing industry include body positivity, shifting fashion norms, and more consumer awareness are among the reasons.
The body positivity movement has been a major driver of the demand for plus size clothing. It encourages inclusion and celebrates all body shapes, empowering people to love their bodies and demand attractive clothing alternatives. Fashion norms have moved in favor of openness and diversity. Designers and merchants are responding to the need for fashionable plus size clothing by providing trendy solutions that suit the fashion-forward demands of plus-size people.
Consumer awareness has grown, and plus size people are looking for clothing that shows their particular style while still comfortable. They are more vocal about their requirements, fueling the need for attractive, well-fitting, plus-size clothing. While the plus size clothing industry continues to expand, it is hampered by constraints that limit its growth. These constraints include discrepancies in the size and restricted retail availability.
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Growth Factors of Plus Size Clothing Market:
- Increasing Online Retail Presence: The expansion of eCommerce platforms has provided a significant opportunity for the plus size clothing industry to reach a broader audience. Online retailers can offer a wide range of sizes and designs, providing a comfortable and inclusive shopping experience for plus size customers.
- Customization and Personalization: Customization and personalization options allow plus size individuals to find clothing that fits their unique body types and personal preferences. This not only increases customer satisfaction but also fosters loyalty among customers who appreciate tailored options.
- Inclusionary Fashion Campaigns: Fashion brands that embrace inclusionary practices by featuring diverse body types in their advertising campaigns promote body positivity and cater to a wider range of customers. This inclusive approach resonates with plus size consumers and contributes to the growth of the market.
- Environmental and Ethical Practices: The increasing emphasis on sustainability and ethical standards in the fashion industry has led plus size clothing manufacturers to adopt eco-friendly materials, fair labor practices, and sustainable production methods. Meeting the demand for ethical design appeals to environmentally conscious consumers and contributes to the growth of the market.
- Fashion-Forward Activewear: The trend of fashion-forward activewear for plus size individuals addresses the demand for inclusive fitness wear that is both stylish and supportive of all body shapes. Designers creating attractive and effective training clothing for women of all sizes contribute to the expansion of the plus size clothing market.
Key Takeaways from the Plus Size Clothing Market:
- In 2023, the United States is expected to have a 40% share of the plus-size clothing industry.
- In the United Kingdom, the plus size clothing industry is projected to account for around 14% of the market in 2023.
- China is a major player in the global plus size clothing industry, accounting for 20% of the market in 2023.
- In Japan, the plus size clothing industry is expected to account for 10% of total sales in 2023.
- South Korea’s plus size clothing market is expanding steadily, with a 5% market share expected in 2023.
- With a CAGR of 4.8% until 2033, the casual wear category topped the plus size clothing market.
- The mid-priced plus size clothing sector is expected to dominate the plus size clothing market over the projected period.
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Key Players in this Market:
- Forever21 Inc.
- Mango
- H&M Hennes & Mauritz AB
- Hanesbrands Inc.
- FTF IP Company
- Adidas AG.
- Asos Plc.
- Capri Holdings Limited.
- Hennes & Mauritz AB (H&M).
- Nike, Inc.
- Puma SE
- Punto FA
- Ralph Lauren Corporation.
- Under Armour, Inc.
- WHP Global