BizVibe: Sportswear, Surgical Apparel, and Online Retail Growth Continue to Surge

Market opportunities in the global apparel industry. (Graphic: Business Wire)

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LONDON--()--The global fashion and apparel market is currently worth over USD 3 trillion, accounting for over 2% of the world’s total GDP. Many segments in this industry are experiencing healthy growth rates and will continue to grow further through 2020. Three of those healthy segments include sportswear, surgical apparel and online apparel retailing. Details about these three fast-growing apparel segments are some of this week’s hottest topics on BizVibe. BizVibe is the world’s smartest B2B marketplace and allows users to discover high quality leads, contact prospects, and source quotes. Register today to connect with over seven million companies around the globe.

Global sportswear market booming for 3rd year in a row

The global sportswear market reached USD 78 billion in 2016, representing an outstanding growth rate of nearly 7% for the third year in a row. Outselling almost all other fashion segments, the global sportswear market is estimated to generate about USD 165 billion sales in 2017.

As one of the most popular fashion trends, this growth is expected to continue, driven by growing health and leisure awareness, increasing disposable income and a surge in female participation in sports around the world.

Connect with nearly 1,300 sports apparel companies listed on BizVibe

Surgical apparel demand soars due to healthcare and disease concerns

Surgical apparel products are experiencing an increase in demand within healthcare facilities for the protection of patients and healthcare workers. Outside of healthcare facilities, surgical apparel is increasingly being used to protect against germs and the threat of disease, which has seen an increase as of late due to the spread of vaccine-preventable diseases.

Recent public health crises and increasing worries about disease worldwide, such as the Ebola virus and the anti-vaccination movement are some of the main factors for driving the growth of the global surgical apparel market.

Connect with over 18,000 hospital clothing companies

Online apparel market enjoying rapid growth

The online apparel market is boosting sales of the global apparel industry due its rapid growth. In the US, online apparel sales rose from 11% of total US apparel sales to 19% between the years 2011-2016. However, the Asia-Pacific is currently the fastest-growing market and is expected to have the highest CAGR through to 2025.

Connect with nearly 35,000 fabric and textiles companies listed on BizVibe

BizVibe is home to 50,000+ apparel and textile companies across 200+ countries, covering all sectors. The BizVibe platform allows you to discover the highest quality leads and make meaningful connections in real time. Claim your company profile for free and let the business come to you.

About BizVibe

BizVibe is home to over seven million company profiles across 700+ industries. The single minded focus of BizVibe’s platform is to make networking easier. Over the years, we've searched far and wide to figure out how businesses connect and enable trade. That first interaction is usually fraught with the uncertainty of finding a potential partner vs. a potential nightmare. With this in mind, we've designed a robust set of tools to help companies generate leads, shortlist prospects, network with businesses from around the world and trade seamlessly.

BizVibe is headquartered in Toronto, and has offices in London, Bangalore and Beijing. For more information on the BizVibe network, please contact us.

Contacts

Jesse Maida
BizVibe Media & Marketing Executive
media@bizvibe.com
www.bizvibe.com

Contacts

Jesse Maida
BizVibe Media & Marketing Executive
media@bizvibe.com
www.bizvibe.com