Report Overview

GCC Apparel Market– Industry Trends & Forecast Report, 2030

GCC Apparel Market size by value was estimated at USD 34.9 billion in 2023. During the forecast period between 2024 and 2030, GCC Apparel Market size is expected to expand at a CAGR of 3.60% reaching a value of USD 44.4 billion by 2030. GCC Apparel Market is driven by high consumer spending, luxury brand presence, and tourism. Economic growth and increasing fashion awareness among consumers also play significant roles. The rise of e-commerce and sustainable fashion trends are further boosting the market.

Apparel – Overview

Apparel encompasses clothing and accessories that serve functional and aesthetic purposes. It includes items like shirts, pants, dresses, and outerwear, as well as accessories like hats, belts, and shoes. Apparel is influenced by cultural trends, fashion designers, and practical needs. It reflects individual style and societal norms and plays a key role in personal expression and identity.

GCC Apparel Market

Growth Drivers

Rising Disposable Income in GCC Countries

GCC region boasts some of the highest per capita incomes globally. This increased disposable income has led to a surge in consumer spending on fashion and lifestyle products. With consumers willing to spend significantly on apparel, GCC Apparel Market is experiencing substantial growth. This trend is further supported by the region's economic growth and the presence of luxury brands.

Challenges

High Import Duties on Apparel and Textiles

High import duties on apparel and textiles in the GCC region pose a significant challenge. These duties increase the cost of imported goods, making them more expensive for consumers and businesses. This can limit market growth by reducing consumer purchasing power and discouraging foreign investment in the apparel sector. Additionally, high import duties can lead to supply chain disruptions and affect the availability of certain products.

Impact of Escalating Geopolitical Tensions on GCC Apparel Market

GCC Apparel Market faces significant challenges from intensifying geopolitical tensions in the Middle East, particularly conflicts in Israel and its neighboring counteis. Economic, political, and trade tensions and sanctions could disrupt global supply chains, leading to delays and increased costs for raw materials and finished products. Consumer confidence may decline, affecting spending on non-essential items like apparel. Additionally, trade restrictions and tariffs can further complicate sourcing and distribution, making it challenging for businesses to maintain stable operations and competitive pricing. The overall economic uncertainty can also deter foreign investments in GCC Apparel Market.

GCC Apparel Market

Segmental Coverage

GCC Apparel Market – By Product

By product, GCC Apparel Market is divided into Men’s Apparel, Women’s Apparel, Kids’ Apparel, Sportswear & Activewear, Formalwear, Casualwear, and Ethnic Wear segments. The men’s apparel segment holds the highest market share of GCC Apparel Market by product. The dominance is driven by the high demand for traditional and contemporary clothing among men in the region. This segment benefits from cultural preferences, rising disposable incomes, and increasing awareness of fashion trends. Additionally, casualwear is a leading category within the market due to its versatility and everyday appeal across demographics. The growth in sportswear and activewear is also notable, fueled by a rising focus on fitness and health-conscious lifestyles in the GCC.

GCC Apparel Market – By Distribution Channel

By distribution channel, GCC Apparel Market is divided into Departmental Stores, Brand Outlets, Specialty Stores, Hypermarkets & Supermarkets, and Online segments. The brand outlets segment typically emerges as the largest in GCC Apparel Market. This dominance is driven by the growing preference for branded clothing and increasing disposable incomes among consumers in the region. Brand outlets offer a curated shopping experience, catering to the demand for premium and mid-range fashion. Additionally, the appeal of global and regional brands enhances their market share, making them a central channel for apparel purchases compared to other segments like specialty stores or hypermarkets.

GCC Apparel Market – By End User

On the basis of end user, GCC Apparel Market is divided into Men, Women, and Kids segments. The women segment is the largest end user in GCC Apparel Market. This dominance is driven by the region's increasing focus on women's fashion, rising disposable incomes, and evolving fashion trends. The women's segment sees high demand for both traditional attire, such as abayas and hijabs, and contemporary Western styles. Additionally, the influence of social media, online shopping platforms, and global fashion trends has further boosted growth, making it the most significant contributor to the GCC Apparel Market's revenue.

GCC Apparel Market – By Country

Geographically, GCC Apparel Market is divided into Saudi Arabia, UAE, Qatar, Bahrain, Kuwait, and Oman. Saudi Arabia emerges as the leading country in GCC Apparel Market. Its dominance is driven by its substantial population, high purchasing power, and a growing demand for fashionable and branded clothing. Saudi Arabia's market benefits from an increasing youth demographic and a rising interest in modern and luxury fashion trends. The retail sector's development, e-commerce growth, and international brand penetration further solidify its leading position within the GCC region's apparel industry.

Competitive Landscape

Key players in the highly competitive GCC Apparel Market include AMCO Apparel, Geebee Garments, Stitchphile, Puma SE, Adidas AG, Nike Inc., Rhysley, Alpine Creations, Atraco Group, and Wings2fashion. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Scope of the Report

By Product

• Men’s Apparel

• Women’s Apparel

• Kids’ Apparel

• Sportswear & Activewear

• Formalwear

• Casualwear

• Ethnic Wear

By Distribution Channel

• Departmental Stores

• Brand Outlets

• Specialty Stores

• Hypermarkets & Supermarkets

• Online

By End User

• Men

• Women

• Kids

By Country

• Saudi Arabia

• UAE

• Qatar

• Bahrain

• Kuwait

• Oman

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. GCC Apparel Market Insights
   1. Industry Value Chain Analysis
      1. DROC Analysis
      2. Growth Drivers
         1. Rising disposable income in GCC region
         2. Growing middle class
         3. Growth and expansion of tourism boom sector
      3. Restraints
         1. High import duties on apparel and textiles
         2. Cultural and religious factors
      4. Opportunities
         1. Increasing adoption of e-commerce platforms
         2. Growing demand for modest fashion
         3. Growing consumer awareness of sustainability and ethical fashion
      5. Challenges
         1. Prevalence of counterfeit products
         2. High rental costs for retail spaces
   2. Technological Advancements/Recent Developments
   3. Regulatory Framework
   4. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. GCC Apparel Market: Marketing Strategies
5. GCC Apparel Market Overview
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Product
         1. Men’s Apparel
         2. Women’s Apparel
         3. Kids’ Apparel
         4. Sportswear and Activewear
         5. Formalwear
         6. Casualwear
         7. Ethnic Wear
      2. By Distribution Channel
         1. Departmental stores
         2. Brand outlets
         3. Specialty stores
         4. Hypermarkets & supermarkets
         5. Online
      3. By End User
         1. Men
         2. Women
         3. Kids
      4. By Country
         1. Saudi Arabia
         2. UAE
         3. Qatar
         4. Bahrain
         5. Kuwait
         6. Oman
6. Saudi Arabia Apparel Market
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Product
      2. By Distribution Channel
      3. By End User
7. UAE Apparel Market
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Product
      2. By Distribution Channel
      3. By End User
8. Qatar Apparel Market
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Product
      2. By Distribution Channel
      3. By End User
9. Bahrain Apparel Market
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Product
      2. By Distribution Channel
      3. By End User
10. Kuwait Apparel Market
    1. Market Size & Forecast, 2019–2030
       1. By Value (USD Million)
    2. Market Share & Forecast
       1. By Product
       2. By Distribution Channel
       3. By End User
11. Oman Apparel Market
    1. Market Size & Forecast, 2019–2030
       1. By Value (USD Million)
    2. Market Share & Forecast
       1. By Product
       2. By Distribution Channel
       3. By End User
12. Competitive Landscape
    1. List of Key Players and Their Products
    2. GCC Apparel Company Market Share Analysis, 2023
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
13. Impact of Escalating Geopolitical Tensions on GCC Apparel Market
14. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
    1. AMCO Apparel
    2. Geebee Garments
    3. Stitchphile
    4. Puma SE
    5. Adidas AG
    6. Nike Inc.
    7. Rhysley
    8. Alpine Creations
    9. Atraco Group
    10. Wings2fashion
    11. Other Prominent Players
15. Key Strategic Recommendations
16. Research Methodology
    1.       Qualitative Research
       1.   Primary & Secondary Research
    2.       Quantitative Research
    3.       Market Breakdown & Data Triangulation
       1.   Secondary Research
       2.   Primary Research
    4.       Breakdown of Primary Research Respondents, By Country
    5.       Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable

List of Figures

Figure 1       GCC Apparel Segmentation

Figure 2       GCC Apparel Market Value Chain Analysis

Figure 3       Company Market Share Analysis, 2023

Figure 4       GCC Apparel Market Size, By Value (USD Million), 2019−2030

Figure 5       GCC Apparel Market Share, By Product, By Value (USD Million), 2019−2030

Figure 6       GCC Apparel Market Share, By Distribution Channel, By Value (USD Million), 2019−2030

Figure 7       GCC Apparel Market Share, By End User, By Value (USD Million), 2019−2030

Figure 8       GCC Apparel Market Share, By Country, By Value (USD Million), 2019−2030

Figure 9       Saudi Arabia Apparel Market Size, By Value (USD Million), 2019−2030

Figure 10     Saudi Arabia Apparel Market Share, By Product, By Value (USD Million), 2019−2030

Figure 11     Saudi Arabia Apparel Market Share, By Distribution Channel, By Value (USD Million), 2019−2030

Figure 12     Saudi Arabia Apparel Market Share, By End User, By Value (USD Million), 2019−2030

Figure 13     UAE Apparel Market Size, By Value (USD Million), 2019−2030

Figure 14     UAE Apparel Market Share, By Product, By Value (USD Million), 2019−2030

Figure 15     UAE Apparel Market Share, By Distribution Channel, By Value (USD Million), 2019−2030

Figure 16     UAE Apparel Market Share, By End User, By Value (USD Million), 2019−2030

Figure 17     Qatar Apparel Market Size, By Value (USD Million), 2019−2030

Figure 18     Qatar Apparel Market Share, By Product, By Value (USD Million), 2019−2030

Figure 19     Qatar Apparel Market Share, By Distribution Channel, By Value (USD Million), 2019−2030

Figure 20     Qatar Apparel Market Share, By End User, By Value (USD Million), 2019−2030

Figure 21     Bahrain Apparel Market Size, By Value (USD Million), 2019−2030

Figure 22     Bahrain Apparel Market Share, By Product, By Value (USD Million), 2019−2030

Figure 23     Bahrain Apparel Market Share, By Distribution Channel, By Value (USD Million), 2019−2030

Figure 24     Bahrain Apparel Market Share, By End User, By Value (USD Million), 2019−2030

Figure 25     Kuwait Apparel Market Size, By Value (USD Million), 2019−2030

Figure 26     Kuwait Apparel Market Share, By Product, By Value (USD Million), 2019−2030

Figure 27     Kuwait Apparel Market Share, By Distribution Channel, By Value (USD Million), 2019−2030

Figure 28     Kuwait Apparel Market Share, By End User, By Value (USD Million), 2019−2030

Figure 29     Oman Apparel Market Size, By Value (USD Million), 2019−2030

Figure 30     Oman Apparel Market Share, By Product, By Value (USD Million), 2019−2030

Figure 31     Oman Apparel Market Share, By Distribution Channel, By Value (USD Million), 2019−2030

Figure 32     Oman Apparel Market Share, By End User, By Value (USD Million), 2019−2030

List of Tables

Table 1        GCC Apparel Market Size, By Value (USD Million), 2019−2030

Table 2        GCC Apparel Market Share, By Product, By Value (USD Million), 2019−2030

Table 3        GCC Apparel Market Share, By Distribution Channel, By Value (USD Million), 2019−2030

Table 4        GCC Apparel Market Share, By End User, By Value (USD Million), 2019−2030

Table 5        GCC Apparel Market Share, By Country, By Value (USD Million), 2019−2030

Table 6        Saudi Arabia Apparel Market Size, By Value (USD Million), 2019−2030

Table 7        Saudi Arabia Apparel Market Share, By Product, By Value (USD Million), 2019−2030

Table 8        Saudi Arabia Apparel Market Share, By Distribution Channel, By Value (USD Million), 2019−2030

Table 9        Saudi Arabia Apparel Market Share, By End User, By Value (USD Million), 2019−2030

Table 10      UAE Apparel Market Size, By Value (USD Million), 2019−2030

Table 11      UAE Apparel Market Share, By Product, By Value (USD Million), 2019−2030

Table 12      UAE Apparel Market Share, By Distribution Channel, By Value (USD Million), 2019−2030

Table 13      UAE Apparel Market Share, By End User, By Value (USD Million), 2019−2030

Table 14      Qatar Apparel Market Size, By Value (USD Million), 2019−2030

Table 15      Qatar Apparel Market Share, By Product, By Value (USD Million), 2019−2030

Table 16      Qatar Apparel Market Share, By Distribution Channel, By Value (USD Million), 2019−2030

Table 17      Qatar Apparel Market Share, By End User, By Value (USD Million), 2019−2030

Table 18      Bahrain Apparel Market Size, By Value (USD Million), 2019−2030

Table 19      Bahrain Apparel Market Share, By Product, By Value (USD Million), 2019−2030

Table 20      Bahrain Apparel Market Share, By Distribution Channel, By Value (USD Million), 2019−2030

Table 21      Bahrain Apparel Market Share, By End User, By Value (USD Million), 2019−2030

Table 22      Kuwait Apparel Market Size, By Value (USD Million), 2019−2030

Table 23      Kuwait Apparel Market Share, By Product, By Value (USD Million), 2019−2030

Table 24      Kuwait Apparel Market Share, By Distribution Channel, By Value (USD Million), 2019−2030

Table 25      Kuwait Apparel Market Share, By End User, By Value (USD Million), 2019−2030

Table 26      Oman Apparel Market Size, By Value (USD Million), 2019−2030

Table 27      Oman Apparel Market Share, By Product, By Value (USD Million), 2019−2030

Table 28      Oman Apparel Market Share, By Distribution Channel, By Value (USD Million), 2019−2030

Table 29      Oman Apparel Market Share, By End User, By Value (USD Million), 2019−2030

Table 30      Coinbase, Inc. Financial Overview

Table 31      Robinhood Company Overview

Table 32      Robinhood Financial Overview

Table 33      AMCO Apparel Company Overview

Table 34      AMCO Apparel Financial Overview

Table 35      Geebee Garments Company Overview

Table 36      Geebee Garments Financial Overview

Table 37      Stitchphile Company Overview

Table 38      Stitchphile Financial Overview

Table 39      Puma SE Company Overview

Table 40      Puma SE Financial Overview

Table 41      Adidas AG Company Overview

Table 42      Adidas AG Financial Overview

Table 43      Nike Inc. Company Overview

Table 44      Nike Inc. Financial Overview

Table 45      Rhysley Company Overview

Table 46      Rhysley Financial Overview

Table 47      Alpine Creations Company Overview

Table 48      Alpine Creations Financial Overview

Table 49      Atraco Group Company Overview

Table 50      Atraco Group Financial Overview

Table 51      Wings2fashion Company Overview

Table 52      Wings2fashion Financial Overview