Plus Size Clothing Market 2023 – 2030 By Formal Wear, Sportswear,Casual Wear - Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competitive Index & Regional Footprints by MarketDigits
Industry : FMCG | Pages : 182 Pages | Published On : Jul 2023
The plus size clothing market is expected to experience a compound annual growth rate (CAGR) of 5.7% during the forecast period. Valued at US$ 288 billion in 2023, the market is projected to reach US$ 501.35 billion by 2030.
Drivers in the Plus Size Clothing Industry
• The increasing body positivity movement promotes the acceptance of diverse body types, leading to a higher demand for inclusive fashion.
• Growing awareness of the need for stylish and trendy options for plus-size consumers drives market growth.
• Online retail platforms provide easy accessibility and convenience, contributing to the expansion of the industry.
• Shifting consumer preferences prioritize comfort, fit, and fashion, resulting in greater demand for plus size clothing.
• The rising popularity of body-positive influencers and celebrities encourages acceptance and boosts market demand.
Challenges for Companies in the Plus Size Clothing Industry:
• Limited size availability and range pose challenges in meeting the diverse needs of customers.
• Fit and sizing complexities require innovative solutions to provide accurate and comfortable garments.
• Addressing stereotypes and promoting positive body image remains a challenge for the industry.
• Competition from the traditional fashion industry necessitates differentiation and unique value propositions.
• Striking the right balance between fashion trends and designing for plus-size consumers can be challenging.
Investment Opportunities in the Plus Size Clothing Industry:
• Developing innovative sizing technologies can enhance the shopping experience for plus-size customers.
• Collaborating with body-positive influencers and advocates can boost brand visibility and customer engagement.
• Expanding into untapped markets and demographics offers growth potential for companies.
• Investing in sustainable and eco-friendly practices aligns with evolving consumer preferences.
• Providing personalized services and experiences can create a competitive advantage in the market.
Latest Trends in the Plus Size Clothing Industry:
• Body-positive campaigns and inclusive marketing strategies promote diversity and empower customers.
• Size-inclusive collections and extended size ranges cater to a broader customer base.
• Customization options for personalized fit and offer enhanced shopping experiences.
• Influential plus-size fashion bloggers and influencers shape industry trends and consumer preferences.
• Technology integration, such as virtual try-on and accurate measurements, enhances the online shopping experience.
What Key Dynamics Governing the Growth of the Plus Size Clothing Market?
The plus size clothing market is expected to experience the highest growth rate throughout the forecast period. Plus size customers are seeking inclusive solutions that offer the same level of and luxury as customers in other sizes, thereby driving the growth of the plus size clothing market from 2023 to 2030.
Retailers are responding to the increased demand for plus size clothing by focusing on launching new plus size apparel. For instance, in 2018, Walmart introduced a new plus-size brand called Terra and Sky to attract more customers. High street retailers such as River Island, Marks & Spencer, and New Look offer a wide range of plus size products to meet the demand in the market.
These initiatives by companies are expected to boost the sales of plus size clothing and contribute to the revenue growth of the plus size clothing market in the coming years.
The rising prevalence of obesity and overweight issues is driving the growth of the plus size clothing market. Additionally, as plus size customers gain body confidence, their demand for fashionable plus size clothing that follows the latest trends also increases.
The growing confidence and body positivity among plus size women, fueled by strong fashion marketing and promotional activities, including prominent magazine covers like Vogue, Cosmopolitan, Elle, and Glamour, are driving the demand for plus size clothing.
The positive public perception of plus size individuals, supported by celebrities, has encouraged customers to embrace their body image, leading to an increased demand for plus size clothing. Designers and retailers have witnessed a surge in sales of plus size clothing and are focusing on launching new products to meet the preferences and demand of plus size consumers.
However, the production of plus-size apparel often entails higher costs, and manufacturers may be hesitant to produce such garments due to the perceived risk in accurately gauging customer preferences. Retailers also face challenges in making investments in larger garments and maintaining profit margins, which may limit the growth of the plus size clothing market.
The plus size clothing market is poised for growth and expansion, thanks to the increased accessibility of plus size clothing through omnichannel shopping and the expansion of brand presence in this sector.
Obesity rates are alarmingly high in developing countries like the United States, creating a lucrative market for plus-size clothing. According to estimates from the CDC, the percentage of obese individuals in the US was 40% in 2018, and it increased to 42% in 2019, driving the demand for plus size clothing.
There has been a significant focus on activist movements advocating for the recognition and inclusion of diverse body types in retail, leading to increased visibility for plus-size models on runways and the rise of plus-size influencers on platforms like Instagram. Dedicated plus size businesses like Eloquii, which was recently acquired by Walmart, as well as traditional retailers like Forever 21, Torrid, and Hot Topic, have extended or introduced their own plus size departments or product lines.
In terms of segmentation, the male segment is expected to dominate the plus size clothing market. In 2023, the male segment accounted for approximately half of the global revenue in the plus size clothing market, primarily due to a relatively large male population with obesity and significant spending on plus-size clothing. On the other hand, the female segment is projected to grow at the fastest rate of 7.50% through 2030, driven by increasing rates of female obesity.
With limited offerings of plus-size items in physical stores, consumers are increasingly turning to online shopping. The convenience and easy availability of products online are expected to drive the growth of the online sales channel during the forecast period. Brands such as Forever 21, Mango, H&M, and Nike are focusing on expanding their online platforms to generate more revenue and reduce maintenance costs in line with current trends.
Which segment is likely to Lead the Plus Size Clothing Market by Product type?
The casual wear category is expected to dominate the plus size clothing market, with a CAGR of 4.8% through 2030, driven by the increased adoption and acceptability of casual wear for social occasions. As the population of the plus-size millennial generation grows, there is a growing demand for comfortable and stylish clothing. The demand for athletic sportswear plus size clothing is also predicted to increase rapidly during the forecast period, reflecting changes in customer preferences.
Which segment is likely to Lead the Plus Size Clothing Market by Price Range?
The mid-price segment is projected to dominate the plus size clothing market during the forecast period. This segment targets a wide audience and offers clothing made of high-quality materials that are durable. Customers in the mid-range price range seek good value when it comes to plus-size clothing. On the other hand, the demand for premium plus size clothing is expected to grow at a faster CAGR, driven by increased spending capacity, the adoption of global fashion trends, and consumer desire for sophisticated items typically produced by specialists in the fashion industry.
What is the Regional Analysis for the Plus Size Clothing Market?
The United States holds the largest share in the plus size clothing industry, accounting for 40% of the market in 2023. The growth in the US market is attributed to the high prevalence of obesity, increased expenditure on plus size clothing, and a focus on fashion-forward trends and body positivity. The presence of diverse size-inclusive brands, a strong retail infrastructure, and thriving e-commerce platforms further contribute to the market share in the United States.
In the United Kingdom, the plus size clothing industry holds around 14% market share in 2023. The market growth in the UK is driven by evolving fashion consciousness and a growing acceptance of diverse body sizes. The demand for stylish and inclusive clothing has led to the emergence of numerous plus size fashion brands. The United Kingdom benefits from a vibrant fashion industry, a focus on body positivity, and a wide range of size-inclusive options.
Europe is predicted to experience strong growth in the global plus size clothing market from 2023 to 2030. Factors such as the demand from millennials, the increasing number of obese and overweight individuals, discretionary spending, and living standards contribute to the expansion of the plus-size clothing market in the region.
Manufacturers in China are adjusting their designs to cater to the fashion preferences of Chinese consumers, playing a significant role in the global plus size clothing industry with a substantial market share of 20% in 2023. The market in China is driven by a growing middle-class population with evolving fashion tastes. The rise of e-commerce platforms has made plus size fashion more accessible, contributing to the increased market share. Additionally, the presence of domestic plus size clothing brands catering to diverse consumer needs further supports China's dominance in the market.
The Asia Pacific region is expected to experience the fastest growth rate, driven by increasing obesity rates and the growing demand for fashionable clothing among individuals. This trend is projected to continue in the coming years, leading to an expanding market in the region.
In Japan, the plus size clothing industry holds a notable market share of 10% in 2023. The market growth in Japan is propelled by changing cultural norms and a rising demand for inclusive fashion. Japanese consumers prioritize and sophistication, resulting in the availability of high-quality and fashionable plus size clothing options. The market share in Japan is influenced by a strong fashion sense, a focus on body positivity, and the presence of niche and high-end plus size fashion brands.
The plus size clothing market in South Korea is experiencing steady growth, capturing around 5% market share in 2023. The market growth in South Korea is driven by increasing awareness of body positivity and a growing demand for diverse fashion options. The market share is boosted by a younger consumer base seeking fashionable freedom. South Korea benefits from a thriving fashion industry, innovative retail concepts, and the presence of both local and international plus size clothing brands catering to the evolving preferences of consumers.
Competition in the plus size clothing market is fierce, with leading fashion brands and retailers driving the market and shaping trends. Companies like ASOS, Lane Bryant, and Torrid are key players, offering stylish and inclusive collections that empower individuals to embrace their curves with confidence. However, challenges persist, such as achieving size consistency, addressing fit concerns for different body types, and striking the right balance between comfort, , and affordability. Marketing efforts to promote body positivity and challenge societal beauty standards require careful navigation.
How is the Competition in the Plus Size Clothing Market?
The plus size clothing industry is witnessing unique trends that are reshaping the market. Collaborations with body-positive influencers and advocates amplify brand reach and authenticity. Dedicated fashion events and shows celebrate diversity and showcase emerging designers catering to plus size customers. Personalization and customization options provide a tailored shopping experience, and embracing size diversity in advertising campaigns reinforces inclusive brand messaging.
Recent Developments in the Plus Size Clothing Market
H&M has introduced a dedicated plus size clothing line, featuring trendy and fashion-forward designs specifically for curvy women.
ASOS has expanded its plus size collection, introducing inclusive and diverse clothing options to cater to a broader range of body types.
Lane Bryant has collaborated with influential plus size models and designers to create exclusive collections, promoting body positivity and self-acceptance.
Torrid has extended its size ranges, offering an extensive selection of plus size clothing and accessories for fashion-conscious individuals.
Eloquii has launched a mobile app that provides personalized styling recommendations and seamless shopping experiences for its plus size customers.
• Forever21 Inc.
• 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.
By Product Type:
• Casual Wear
• Formal Wear
By Consumer Orientation:
By Size Type:
• 1 XL
• 2 XL
• 3 XL
• 4 XL
• Above 4 XL
By Sales Channel:
• Offline Sales Channel
• Modern Trade Channels
• Independent Outlet
• Franchised Outlet
• Specialty Stores
• Other Sales Channel
• Online Sales Channel
• Company Owned Websites
• E-Commerce Websites
By Price Range:
• North America
• Latin America
• East Asia
• South Asia
• Middle East and Africa (MEA)
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