Austin, TX, US, May 02, 2023 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Plus Size Clothing Market Size, Trends and Insights By Type (Casual Wear, Formal Wear, Sportswear, Others), By Gender (Male, Female), By Age (Below 15, 16 to 59, 60 & above), By Size (1 XL, 2 XL, 3 XL, 4 XL, Above 4 XL), By Price Point (Economy, Mid-Range, Premium), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032” in its research database.

“According to the latest research study, the demand for global plus size clothing market growth was valued at approximately USD 304.9 Million in 2022 and is expected to reach USD 352.5 Million in 2023 and expected to reach a value of around USD 685.87 Million by 2030, at a compound annual growth rate (CAGR) of about 5.9% during the forecast period 2023 to 2030.”

Larger-size apparel designed expressly for gigantic women is referred to as plus-size women’s clothing. For a variety of body types, plus-size apparel is advised. Sizes can differ from nation to country ((US) 12/(UK) 16), etc. Alternative terms for plus size are now being used by businesses, also including super sizes, extended sizes, and curvaceous, which effectively attracts clients because it sounds less unpleasant than plus size or oversize.

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Market Dynamics

Drivers - Robust demand from overweight people

Larger-size apparel designed expressly for gigantic women is referred to as plus-size women’s clothing. For a variety of body types, plus-size apparel is advised. Sizes can differ from nation to country ((US) 12/(UK) 16), etc. Alternative terms for plus size are now being used by businesses, also including super sizes, extended sizes, and curvaceous, which effectively attracts clients because it sounds less unpleasant than plus size or oversize. 

A lot of attention has been paid to activist movements calling for the acceptance as well as mainstreaming of non-straight-A-size body types in retail settings. Plus-size models now have access to the runways as a result.

Dedicated plus-size companies like Eloquii, which Walmart just acquired, and conventional retailers like Forever 21, Torrid, and Hot Topic have expanded or added their plus-size departments/product lines. Plus-size influencers are also becoming more popular on Instagram. On the other side, the growing body confidence of huge women and the expanding plus size fashion trend encourages the use of larger clothing. Due to shifting design trends and a variety of plus-size clothing options, women are spending more money, which fuels demand in the plus-size women’s clothing market and its expansion.

(A free sample of the Plus Size Clothing report is available upon request; please contact us for more information.)


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Restraints.

High price and entry of competitors  

Moreover, because most merchants cannot afford to carry sizes that suit everyone, plus-size clothing carries a high price tag, which restrains the market’s expansion. Additionally, plus-size clothes complicate the production process because larger sizes require more material, which raises the price of the clothing item. These elements limit the expansion of the plus-size clothes sector.

 Opportunities.

Increase in the production capacities of plus size clothing  

Customers have been urged to embrace their image in oversized apparel by celebrities and the good perception of plus size clothing as a whole, which is fueling demand for plus size clothing over the forecast period. Additionally, a number of manufacturers are actively producing large clothing in response to the rising demand from young people who favor wearing big clothing. In order to address the need for plus-size apparel, designers and retailers have noticed a rise in sales of plus-size clothing and are concentrating on the introduction of new products. Consumer preferences have accelerated the industry’s overall expansion, generating profitable market prospects throughout the course of the projection period.

 Challenges.

Higher-cost manufacturing process 

Large investments are needed to produce plus-size clothing, and the producers must pay higher production costs and lower profit margins. Because they can’t precisely predict consumer preferences, this may prevent manufacturers from making plus-size clothes, which could limit the market’s global expansion for plus-size women’s clothing.

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 Report Highlights.

Based on type, the segment is casual wear, formal wear, sportswear, and others.

The casual type segment dominated the market in 2021 and is expected to grow over the forecast period with a total market share of 32.23%. This is attributed to the growing adoption and acceptance of casual wear among people for social occasions has upsurged the demand. These factors are escalating the demand for plus size clothing during the forecast period.

Based on gender, the global plus size clothing market is studied across males and females. It is expected that the global male gender segment to hold the dominant position during 2022 -2031 and account for 52.03% of the total market share.

The rising obese male population has driven the market for plus size clothing. In addition, The demand for plus size clothing is preferred due to its comfort and positive feel, due to which several popular brands have strengthened their positioning for plus size clothing for obese people. This is projected to grow in the cosmetics industry during the forecast period.

Based on age group, the global plus size clothing market is studied across the below 15, 16 to 59, and 60 & above. It is expected that the global 16 to 59 age group segment will hold a dominant position with a total market share of 60.45% during 2022 -2031.

The increase in population and the number of obese people from age 16 to 59 have spurred market growth. In addition, preferences and choices for plus size clothing have captured the overall market growth. The increase in population, rise in fashion consciousness among people, and adoption of growing oversized trends among millennial is expected to drive the market in upcoming years.

The global plus size clothing market is studied across the 1 XL, 2 XL, 3 XL, 4 XL, and above 4 XL. The global 3 XL segment is expected to hold a dominant position from 2022 to 2031, with a total market share of 29.56%.

Factors such as increased fashion consciousness among people and the adoption of western culture have spurred the textile industry. For instance, according to an article published by India Brand Equity Foundation in March 2022, the Indian textiles market is expected to be worth more than US$ 209 billion by 2029, where 3XL size clothing has been manufactured for both males and women. An increase in purchasing power of consumers and spending money on branded oversized clothes has driven the market growth.

Depending upon the price, the plus size clothing market is segmented into the economy, mid-range, and premium. The mid-range price is expected to hold a dominant position in upcoming years with a total market share of 38%.

This is attributed to the fact that clothing items with oversized clothes in the mid-range category are targeted for mass usage. It comprises high-quality and long-lasting garments, where consumers look for good value, especially when choosing mid-range plus-size clothing. In addition, mid-range price is also targeted at middle-class families, which leads to an increase in the potential sales of plus-size clothing.

Key questions answered in this report:

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Key Offerings:

Regional Snapshots

The biggest obese population and highest spending on plus-size clothes are both found in the United States, which dominates the market. However, middle- and high-income households are consuming more calories on average per person. The region with the fastest projected CAGR for growth is Asia Pacific, where rising obesity rates among people are expected to continue in the years to come. The total market in the Asia Pacific region is expanding as a result of a growth in consumers or a rise in the demand for fashionable clothing.

Report Scope

Feature of the ReportDetails
Market Size in 2021USD 250.56 million
Projected Market Size in 2030USD 685.87 million
CAGR Growth Rate5.9% CAGR
Base Year2021
Forecast Period2022-2030
Prominent PlayersProminent Players, and Others
Key SegmentBy Type, Gender, Age, Size, Price Point, and Region
Report CoverageRevenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional ScopeNorth America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying OptionsRequest tailored purchasing options to fulfil your requirements for research.

Key  Players

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Browse the full “Plus Size Clothing Market Size, Trends and Insights By Type (Casual Wear, Formal Wear, Sportswear, Others), By Gender (Male, Female), By Age (Below 15, 16 to 59, 60 & above), By Size (1 XL, 2 XL, 3 XL, 4 XL, Above 4 XL), By Price Point (Economy, Mid-Range, Premium), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032” Report at https://www.custommarketinsights.com/report/plus-size-clothing-market/

Segments covered in the report

Key market segments

By Type

By Gender

By Age

By Size

By Price Point

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On the basis of Geography

North America

Europe

Asia Pacific

The Middle East & Africa

Latin America

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This Plus Size Clothing Market Research/Analysis Report Contains Answers to the following Questions.

Reasons to Purchase Plus Size Clothing Market Report

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