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It is expected to witness substantial growth over the coming years owing to increasing spending power of consumers coupled with widening base of enthusiastic shoppers in the country. In addition, rising adoption of international fashionable wears among children and women is expected to drive the demand for apparel in the country.
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Your Catalyst to a Lucrative Business Brazil Apparel Market Size, Share, Growth, Price Trends, Competitive Strategies and Forescast to 2025 | Hexa Research “The Brazil apparel market was valued at USD 31.44 billion in 2017 and is expected to witness substantial growth over the coming years” 6 November 2018, The Brazil Apparel Market is projected to reach USD 42.80 billion by 2025, expanding at a substantial CAGR over the forecast period. Rising disposable income of people and growing consciousness for international fashion trends are the key factors contributing to the growth of the market. Factors such as increasing shift towards international fashion along with spiraling number of retail outlets in the market are anticipated to encourage Brazilian people to adopt fashionable apparel. Diversified manufacturing activities, digitalization, and proliferation of smartphones are likely to have a positive impact on the sales of apparel in Brazil owing to time saving and convenience factors. Brazil is one of the largest exporters of apparel and fashionable goods. Arab countries are some of the largest importers of apparels and textiles from Brazil. The United Arab Emirates accounted for the highest imports from Brazil, followed by Egypt, Algeria, and Morocco. Advanced techniques used in manufacturing industry items would probably help manufacturers to meet the global demand from various countries. The country has experienced sluggish growth in the apparel and textile industry owing to its economic downfall. Economic downturn recorded during the year 2015-16 left the apparel industry highly affected. Nevertheless, with the recovering economy, the apparel industry is expected to rebound over the coming years. Heightened interest of the government and private players in country’s apparel and textile industry has contributed in making the country one among the top textile producing countries. Brazil is also marked as one of the leading countries in consumption of hygiene textiles. On that front, it is estimated to record double-digit growth in the coming years. Browse Details of Report @https://www.hexaresearch.com/research-report/brazil-apparel-market Follow Us:
Your Catalyst to a Lucrative Business Rising disposable income coupled with improved fashion trends among young generation is projected to drive the apparel industry. Additionally, widening base of young population and changing trends associated with fashionable goods is playing an imperative role in the development of the market. The Brazilian government is supporting small vendors by providing subsides and large companies by minimizing trade barriers to develop favorable business environment in the country. The Brazil apparel industry has been reviewed on the basis of type and distribution channel. Based on type, the market is divided into women, men, and children’s apparel. Furthermore, the market is bifurcated into online and offline distribution channels, on the basis of distribution channels. Offline distribution channel includes sales through hypermarkets, supermarkets, retails outlets, and departmental stores. The market is marked with presence of many small and large companies operating in online and offline business. Some of the key players in the market are Nike; Adidas; Puma; WinCraft; and Tee Spring, Inc. Additionally, local and small retailer dealing in the market contribute more than half of the total revenue generated by the overall manufacturers and sellers in the country, making it a highly fragmented domestic retail apparel industry. Small manufacturers are merging their companies with large players to increase company profits as this strategy will help them in selling their products under popular brand names. Mergers and acquisitions help companies to expand their product offerings. Wholesalers and manufacturers are focusing on innovative ways of selling their products directly to consumers, which will cut down the middlemen cost and subsequently decreasing the cost of products. Online platforms and channels assist in establishing a strong and direct relationship between wholesalers and consumers. Hexa Research has segmented the Brazil apparel market report based on type and distribution channel: Segmentation by Type, 2015 - 2025 (USD Million) • Women • Men • Children Segmentation by Distribution Channel, 2017 (% share) • Online • Offline Follow Us:
Your Catalyst to a Lucrative Business Key players analyzed • Adidas • Nike • Puma • WinCraft • Teespring, Inc. Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/consumer- goods-industry Follow Us:
Your Catalyst to a Lucrative Business Table of Contents of Brazil Apparel Market: Chapter 1. Executive Summary Chapter 2. Methodology and Scope 2.1. Research methodology 2.2. Assumptions 2.3. List of data sources Chapter 3. Introduction 3.1. Research scope & market segmentation Chapter 4. Apparel Market Trends: Drivers & Opportunities 4.1. Key industry trends 4.1.1. Market drivers 4.1.2. Market restraints 4.2. Supply chain analysis 4.3. Porter's Five Forces analysis Chapter 5. Apparel Market Trends, By Type 5.1. Brazil Apparel market movement, by type, 2017 & 2025 5.1.1. Women 5.1.1.1. Market estimates and forecast, 2015 - 2025 (USD Million) 5.1.2. Men 5.1.2.1. Market estimates and forecast, 2015 - 2025 (USD Million) 5.1.3. Children 5.1.3.1. Market estimates and forecast, 2015 - 2025 (USD Million) Chapter 6. Apparel Market Trends, By Distribution Channel 6.1. Brazil Apparel market movement, by distribution channel, 2017 (% Share) 6.1.1. Online 6.1.2. Offline Chapter 7. Competitive Landscape 7.1. Company market share analysis, 2017 7.2. Strategic framework Follow Us:
Your Catalyst to a Lucrative Business 7.3. Company profiles 7.3.1. Adidas 7.3.1.1. Company Overview 7.3.1.2. Product Benchmarking 7.3.1.3. Financial Performance 7.3.1.4. Recent Initiatives 7.3.2. Nike 7.3.2.1. Company Overview 7.3.2.2. Product Benchmarking 7.3.2.3. Financial Performance 7.3.2.4. Recent Initiatives 7.3.3. Puma 7.3.3.1. Company Overview 7.3.3.2. Product Benchmarking 7.3.3.3. Financial Performance 7.3.3.4. Recent Initiatives 7.3.4. WinCraft 7.3.4.1. Company Overview 7.3.4.2. Product Benchmarking 7.3.4.3. Financial Performance 7.3.4.4. Recent Initiatives 7.3.5. Teespring, Inc. 7.3.5.1. Company Overview 7.3.5.2. Product Benchmarking 7.3.5.3. Financial Performance 7.3.5.4. Recent Initiatives 7.3.6. List of other vendors Follow Us:
Your Catalyst to a Lucrative Business About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: sales@hexaresearch.com Website: https://www.hexaresearch.com Follow Us: