Readymade Garments Market

By Product Type;

Inner Clothing and Outer Clothing

By Fabric Type;

Knit, Woven and Non-Woven

By Application;

Formal Wear, Sports Wear, Casual Wear, Safety Apparel and Others

By Sales Channel;

Supermarket & Hypermarket, Independent Retail Stores, Specialty Stores, E-Commerce and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn023329776 Published Date: September, 2025 Updated Date: November, 2025

Readymade Garments Market Overview

Readymade Garments Market (USD Million)

Readymade Garments Market was valued at USD 1,207,643.16 million in the year 2024. The size of this market is expected to increase to USD 2,165,436.41 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.7%.


Readymade Garments Market

*Market size in USD million

CAGR 8.7 %


Study Period2025 - 2031
Base Year2024
CAGR (%)8.7 %
Market Size (2024)USD 1,207,643.16 Million
Market Size (2031)USD 2,165,436.41 Million
Market ConcentrationMedium
Report Pages377
1,207,643.16
2024
2,165,436.41
2031

Major Players

  • Louis Vuitton Malletier SAS
  • Nike, Inc.
  • The Gap, Inc.
  • VF Corporation
  • Hennes & Mauritz AB
  • Zara
  • Hanesbrands Inc.
  • Under Armour, Inc
  • PVH Corporation
  • Aditya Birla Management Corporation Pvt. Ltd.
  • Gap Inc
  • Jockey International Inc
  • Benetton Group s.r.l

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Readymade Garments Market

Fragmented - Highly competitive market without dominant players



The Readymade Garments Market is growing rapidly as consumers prefer affordable, fashionable, and convenient apparel solutions. Adoption has increased by about 40%, supported by the demand for stylish, mass-produced garments. Combining affordability with trend-driven designs, this market continues to attract wide consumer interest.

Health and Lifestyle Influence
Evolving lifestyle and fashion preferences are reshaping demand in this sector. Nearly 42% of buyers favor casual wear and athleisure for comfort and versatility. A growing shift toward sustainable and ethically sourced clothing also highlights consumer interest in eco-friendly fashion alternatives.

Innovation and Product Development
Innovation is a central growth factor for readymade garments. Around 44% of new launches highlight sustainable textiles, smart fabrics, and hybrid styles to meet modern expectations. Moreover, over 32% of consumers value eco-friendly packaging and transparent production methods, reinforcing the focus on sustainability.

Consumer Demographics and Preferences
Millennials and Gen Z are key market drivers. Approximately 46% of these groups regularly purchase readymade garments for style and affordability. The surge in fast fashion trends and personalized apparel has further increased engagement, ensuring strong adoption across urban and semi-urban populations.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Fabric Type
    3. Market Snapshot, By Application
    4. Market Snapshot, By Sales Channel
    5. Market Snapshot, By Region
  4. Readymade Garments Market Forces
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Changing Consumer Preferences

        2. Increasing Disposable Income

        3. Fast Fashion and Quick Turnaround

      2. Restraints
        1. Price Volatility

        2. Fast Fashion Pressure

      3. Opportunities
        1. Innovation in Materials and Technology

        2. E-commerce Expansion

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Readymade Garments Market, By Product , 2021 - 2031 (USD Million)
      1. Inner Clothing
      2. Outer Clothing
    2. Readymade Garments Market, By Fabric Type , 2021 - 2031 (USD Million)

      1. Knit

      2. Woven

      3. Non-woven

    3. Readymade Garments Market, By Application, 2021 - 2031 (USD Million)
      1. Formal Wear
      2. Sports Wear
      3. Casual Wear
      4. Safety Apparel
      5. Others
    4. Readymade Garments Market, By Sales Channel, 2021 - 2031 (USD Million)
      1. Supermarket & Hypermarket
      2. Independent Retail Stores
      3. Specialty Stores
      4. E-Commerce
      5. Others
    5. Readymade Garments Market, By Geography, 2021 - 2031 (USD Million)
      1. North America

        1. United States

        2. Canada

      2. Europe

        1. Germany

        2. United Kingdom

        3. France

        4. Italy

        5. Spain

        6. Nordic

        7. Benelux

        8. Rest of Europe

      3. Asia Pacific

        1. Japan

        2. China

        3. India

        4. Australia & New Zealand

        5. South Korea

        6. ASEAN (Association of South East Asian Countries)

        7. Rest of Asia Pacific

      4. Middle East & Africa

        1. GCC

        2. Israel

        3. South Africa

        4. Rest of Middle East & Africa

      5. Latin America

        1. Brazil

        2. Mexico

        3. Argentina

        4. Rest of Latin America

  6. Competitive Landscape
    1. Company Profiles
      1. Louis Vuitton Malletier SAS
      2. Nike, Inc.
      3. Inditex
      4. Hennes
      5. Adidas AG
      6. Gap Inc.
      7. VF Corporation
      8. Hanesbrands Inc.
      9. Under Armour, Inc.
      10. PVH Corporation
      11. Benetton Group s.r.l.
      12. Uniqlo
      13. Primark
      14. Ralph Lauren Corporation
      15. Levi Strauss
  7. Analyst Views
  8. Future Outlook of the Market