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Streetwear Market by Player, Region, Type, Application and Sales Channel 2024-2030

Streetwear Market by Player, Region, Type, Application and Sales Channel 2024-2030

  • Category:Consumer Goods and Services
  • Published on : 16 July 2024
  • Pages :105
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  • Report Code:SMR-7971255
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Streetwear Market Size, Share 2024


The global Streetwear market size is estimated to be $192.3 billion in 2023, and will reach $264.4 billion by 2032, growing at a CAGR of 3.6% during the forecast period from 2024 to 2032.

This report studies the Streetwear market, covering market size for segment by type (Apparel, Footwear, etc.), by application (Online Sales, Offline Sales, etc.), by sales channel (Direct Channel, Distribution Channel), by player (Nike, Adidas, Supreme, Off-White, HERON PRESTON, etc.) and by region (North America, Europe, Asia-Pacific, South America and Middle East & Africa).

As of 2023, the global streetwear market is valued at approximately USD 192.3 billion. Looking ahead, it is projected to reach USD 264.4 billion by 2032, reflecting a compound annual growth rate (CAGR) of 3.6% from 2024 to 2032. This growth is driven by evolving consumer preferences and the expanding influence of streetwear in mainstream fashion.

By Product Type:

  1. T-shirts and Tops: Dominating the market with a share of 30-35%, these items remain a staple in streetwear collections due to their versatility and widespread appeal.

  2. Hoodies and Sweatshirts: Contributing 25-30% to the market, these products are favored for their comfort and casual style.

  3. Sneakers: Representing 20-25% of the market, sneakers are a significant component of streetwear, often being a focal point in brand identity and collaborations.

  4. Bottoms (pants, shorts): Accounting for 10-15%, these items are essential yet secondary to tops and footwear in terms of market share.

  5. Accessories (caps, bags, etc.): Making up 5-10% of the market, accessories complete the streetwear look and offer additional branding opportunities.

By End-user:

  1. Men: The largest segment, with 55-60% market share, reflecting the traditionally male-dominated roots of streetwear.

  2. Women: Comprising 35-40% of the market, women’s streetwear is growing, driven by increasing brand inclusivity and targeted collections.

  3. Children: A smaller segment at 5-10%, but with growing interest as brands expand their offerings to younger consumers.

By Distribution Channel:

  1. Online Retail: Leading with a 40-45% market share, online platforms are the primary sales channel, offering convenience and broad reach.

  2. Specialty Stores: Contributing 30-35%, these stores provide a curated streetwear experience and cater to niche markets.

  3. Department Stores: Holding 15-20% of the market, they offer streetwear alongside other fashion categories.

  4. Others (including direct-to-consumer): Making up 5-10%, this category includes brand-owned stores and direct sales channels.

Regional Analysis

North America: The largest market with 35-40% share, driven by strong consumer demand and the influence of major streetwear brands. Europe: Holding 25-30% of the market, with notable streetwear scenes in cities like London and Paris. Asia-Pacific: The fastest-growing region, with a 20-25% market share, propelled by rising fashion awareness and expanding retail infrastructure. Rest of the World: Accounting for 10-15%, this includes emerging markets with growing streetwear interest.

Key Players

The top 10-15 companies command approximately 30-40% of the market. Key players include Nike, Adidas, Supreme, Off-White, Stüssy, and Vans, each contributing to the market through distinctive branding and innovative designs.

Consumer Demographics

The primary consumers are aged 16-34, representing 60-65% of the market. This demographic is characterized by a high level of engagement with streetwear trends. There is a growing appeal to older demographics, with the 35-50 age group accounting for 15-20% of consumers.

Growth Drivers

  1. Influence of Hip-Hop and Urban Culture: Streetwear's roots in these cultural movements continue to drive its popularity.

  2. Social Media and Influencer Marketing: Platforms like Instagram and TikTok significantly impact brand visibility and consumer preferences.

  3. Collaborations: Partnerships between luxury brands and streetwear labels create high demand and exclusivity.

  4. Rising Disposable Income: In emerging markets, increased income supports higher spending on fashion.

  5. Casual Wear Acceptance: Growing acceptance of casual wear across various settings drives streetwear adoption.

Challenges

  1. Counterfeiting: The proliferation of knock-off products threatens brand integrity and market value.

  2. Sustainability Concerns: The fast fashion model of streetwear raises environmental issues.

  3. Market Saturation: Mature markets face high competition and saturation.

  4. Rapid Consumer Preferences: Quick shifts in trends require constant innovation.

Emerging Trends

  1. Sustainability: Increasing demand for eco-friendly materials and sustainable practices.

  2. Genderless Designs: Unisex apparel is becoming more prevalent.

  3. Customization: Consumers seek personalized and unique items.

  4. Digital Fashion: Virtual clothing for online avatars is gaining traction.

  5. Inclusivity: Brands are focusing on diverse representation in their marketing strategies.

Market Dynamics

  1. Limited Edition Releases: High demand for exclusive drops boosts brand visibility and sales.

  2. Resale Market: The resale value of streetwear items often surpasses their original price, reflecting their desirability.

  3. Technology Integration: Advances like smart fabrics and augmented reality (AR) are becoming more common.

Brand Loyalty

Approximately 70-75% of streetwear consumers exhibit strong brand loyalty. About 40-45% are willing to pay a premium for their preferred brands.

Sustainability Impact

Around 25-30% of consumers prioritize sustainable streetwear, with this segment growing at an 8-10% CAGR.

Collaboration Impact

High-profile collaborations can elevate brand value by 20-30%, with limited edition items often selling out quickly and achieving resale values up to 10 times their original price.

Social Media Influence

Approximately 80-85% of streetwear consumers use social media to discover brands. Instagram and TikTok are the leading platforms, driving 50-55% of online engagement.

Resale Market

The streetwear resale market is valued at $2-3 billion in 2023, growing at a 15-20% CAGR, outpacing the primary market.

Production and Supply Chain

60-65% of streetwear production is concentrated in Asia. Recent trends show a 10-15% shift towards local production to mitigate supply chain risks.

Future Outlook

The future of the streetwear market includes greater integration with luxury fashion, increased importance of brand storytelling and authenticity, and potential expansion into new product categories such as home goods and beauty products.

This report provides detailed historical analysis of global market for Streetwear from 2018-2023, and provides extensive market forecasts from 2024-2032 by region/country and subsectors. It covers the sales/revenue/value, gross margin, historical growth and future perspectives in the Streetwear market.

Leading Players of Streetwear including:

  • Nike

  • Adidas

  • Supreme

  • Off-White

  • HERON PRESTON

  • CARHARTT WIP

  • A Bathing Ape (BAPE)

  • NEIGHBORHOOD

  • Stussy

  • Palace

  • NOAH

  • Undefeated

  • Arc?teryx

  • Puma

  • Undercover

  • Ambush

Market split by Type:

  • Apparel

  • Footwear

  • Accessories

  • Others

By Demographic:

  • Men

  • Women

  • Unisex

  • Kids & Teenagers

By Price Range:

  • Mass Market

  • Premium

  • Luxury

Market split by Application:

  • Online Sales

  • Offline Sales

Market split by Sales Channel:

  • Direct Channel

  • Distribution Channel

Market split by Region/Country:

  • North America (United States and Canada)

  • Europe (Germany, UK, France, Italy, Spain, and Russia, etc.)

  • Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia, etc.)

  • South America (Brazil, Mexico, and Argentina, etc.)

  • Middle East & Africa (Turkey, UAE, Saudi Arabia, and South Africa, etc.)

If you have any special requirements, please let us know and we can provide you the customized report as you want.

Report Attributes Report Details
Report Title Streetwear Market by Player, Region, Type, Application and Sales Channel 2024-2030
Historical Year 2018 to 2022 (Data from 2010 can be provided as per availability)
Base Year 2023
Forecast Year 2031
Number of Pages 105 Pages
Customization Available Yes, the report can be customized as per your need.

TABLE OF CONTENTS

Table of Contents

Chapter 1 Streetwear Market Overview
1.1 Streetwear Definition
1.2 Global Streetwear Market Size Status and Outlook (2018-2032)
1.3 Global Streetwear Market Size Comparison by Region (2018-2032)
1.4 Global Streetwear Market Size Comparison by Type (2018-2032)
1.5 Global Streetwear Market Size Comparison by Application (2018-2032)
1.6 Global Streetwear Market Size Comparison by Sales Channel (2018-2032)
1.7 Streetwear Market Dynamics
1.7.1 Market Drivers/Opportunities
1.7.2 Market Challenges/Risks
1.7.3 Market News (Merger/Acquisition/Expansion)
1.7.4 Key Trends in Streetwear Market
Chapter 2 Streetwear Market Competition by Player
2.1 Global Streetwear Sales and Market Share by Player (2021-2023)
2.2 Global Streetwear Revenue and Market Share by Player (2021-2023)
2.3 Global Streetwear Average Price by Player (2021-2023)
2.4 Players Competition Situation & Trends
2.5 Conclusion of Segment by Player
Chapter 3 Streetwear Market Segment by Type
3.1 Global Streetwear Market by Type
3.1.1 Apparel
3.1.2 Footwear
3.1.3 Accessories
3.1.4 Others
3.2 Global Streetwear Sales and Market Share by Type (2018-2023)
3.3 Global Streetwear Revenue and Market Share by Type (2018-2023)
3.4 Global Streetwear Average Price by Type (2018-2023)
3.5 Conclusion of Segment by Type
Chapter 4 Streetwear Market Segment by Application
4.1 Global Streetwear Market by Application
4.1.1 Online Sales
4.1.2 Offline Sales
4.2 Global Streetwear Revenue and Market Share by Application (2018-2023)
4.3 Conclusion of Segment by Application
Chapter 5 Streetwear Market Segment by Sales Channel
5.1 Global Streetwear Market by Sales Channel
5.1.1 Direct Channel
5.1.2 Distribution Channel
5.2 Global Streetwear Revenue and Market Share by Sales Channel (2018-2023)
5.3 Conclusion of Segment by Sales Channel
Chapter 6 Streetwear Market Segment by Region & Country
6.1 Global Streetwear Market Size and CAGR by Region (2018-2032)
6.2 Global Streetwear Sales and Market Share by Region (2018-2023)
6.3 Global Streetwear Revenue and Market Share by Region (2018-2023)
6.4 North America
6.4.1 North America Market by Country
6.4.2 North America Streetwear Market Share by Type
6.4.3 North America Streetwear Market Share by Application
6.4.4 United States
6.4.5 Canada
6.5 Europe
6.5.1 Europe Market by Country
6.5.2 Europe Streetwear Market Share by Type
6.5.3 Europe Streetwear Market Share by Application
6.5.4 Germany
6.5.5 UK
6.5.6 France
6.5.7 Italy
6.5.8 Spain
6.5.9 Russia
6.6 Asia-Pacific
6.6.1 Asia-Pacific Market by Country
6.6.2 Asia-Pacific Streetwear Market Share by Type
6.6.3 Asia-Pacific Streetwear Market Share by Application
6.6.4 China
6.6.5 Japan
6.6.6 Korea
6.6.7 India
6.6.8 Southeast Asia
6.6.9 Australia
6.7 South America
6.7.1 South America Market by Country
6.7.2 South America Streetwear Market Share by Type
6.7.3 South America Streetwear Market Share by Application
6.7.4 Brazil
6.7.5 Mexico
6.7.6 Argentina
6.7.7 Colombia
6.8 Middle East & Africa
6.8.1 Middle East & Africa Market by Country
6.8.2 Middle East & Africa Streetwear Market Share by Type
6.8.3 Middle East & Africa Streetwear Market Share by Application
6.8.4 Turkey
6.8.5 UAE
6.8.6 Saudi Arabia
6.8.7 South Africa
6.9 Conclusion of Segment by Region
Chapter 7 Profile of Leading Streetwear Players
7.1 Nike
7.1.1 Company Snapshot
7.1.2 Product/Service Offered
7.1.3 Business Performance (Sales, Price, Revenue, Gross Margin and Market Share)
7.2 Adidas
7.3 Supreme
7.4 Off-White
7.5 HERON PRESTON
7.6 CARHARTT WIP
7.7 A Bathing Ape (BAPE)
7.8 NEIGHBORHOOD
7.9 Stussy
7.10 Palace
7.11 NOAH
7.12 Undefeated
7.13 Arc?teryx
7.14 Puma
7.15 Undercover
7.16 Ambush
Chapter 8 Upstream and Downstream Analysis of Streetwear
8.1 Industrial Chain of Streetwear
8.2 Upstream of Streetwear
8.3 Downstream of Streetwear
Chapter 9 Development Trend of Streetwear (2024-2032)
9.1 Global Streetwear Market Size (Sales and Revenue) Forecast (2024-2032)
9.2 Global Streetwear Market Size and CAGR Forecast by Region (2024-2032)
9.3 Global Streetwear Market Size and CAGR Forecast by Type (2024-2032)
9.4 Global Streetwear Market Size and CAGR Forecast by Application (2024-2032)
9.5 Global Streetwear Market Size and CAGR Forecast by Sales Channel (2024-2032)
Chapter 10 Appendix
10.1 Research Methodology
10.2 Data Sources
10.3 Disclaimer
10.4 Analysts Certification

LIST OF TABLES & FIGURES

List of Tables and Figures

Figure Streetwear Example
Figure Global Streetwear Revenue (Million $) Status and Outlook (2018-2032)
Figure Global Streetwear Revenue (Million $) Comparison by Region (2018-2032)
Figure Global Streetwear Revenue (Million $) Comparison by Type (2018-2032)
Figure Global Streetwear Revenue (Million $) Comparison by Application (2018-2032)
Figure Global Streetwear Revenue (Million $) Comparison by Sales Channel (2018-2032)
Table Global Streetwear Sales by Player (2021-2023)
Table Global Streetwear Sales Market Share by Player (2021-2023)
Figure Global Streetwear Sales Market Share by Player in 2023
Table Global Streetwear Revenue (Million $) by Player (2021-2023)
Table Global Streetwear Revenue Market Share by Player (2021-2023)
Figure Global Streetwear Revenue Market Share by Player in 2023
Table Global Streetwear Average Price by Player (2021-2023)
Figure Global Streetwear Average Price by Player in 2023
Figure Global Streetwear Players Competition Situation ? Top 5 Players? Revenue Market Share in 2021
Figure Global Streetwear Players Competition Trends ? Top 5 Players? Revenue Market Share in 2023
Figure Example of Apparel
Figure Global Apparel Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Footwear
Figure Global Footwear Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Accessories
Figure Global Accessories Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Others
Figure Global Others Revenue (Million $) and Growth Rate (2018-2023)
Table Global Streetwear Sales by Type (2018-2023)
Table Global Streetwear Sales Market Share by Type (2018-2023)
Figure Global Streetwear Sales Market Share by Type in 2023
Table Global Streetwear Revenue (Million $) by Type (2018-2023)
Table Global Streetwear Revenue Market Share by Type (2018-2023)
Figure Global Streetwear Revenue Market Share by Type in 2023
Table Global Streetwear Average Price by Type (2018-2023)
Figure Global Streetwear Average Price by Type in 2023
Table Leading Players of Streetwear by Type in 2023
Figure Example of Online Sales
Figure Global Streetwear for Online Sales Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Offline Sales
Figure Global Streetwear for Offline Sales Revenue (Million $) and Growth Rate (2018-2023)
Table Global Streetwear Sales by Application (2018-2023)
Table Global Streetwear Sales Market Share by Application (2018-2023)
Figure Global Streetwear Sales Market Share by Application in 2023
Table Leading Consumers of Streetwear by Application in 2023
Figure Example of Direct Channel
Figure Global Streetwear for Direct Channel Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Distribution Channel
Figure Global Streetwear for Distribution Channel Revenue (Million $) and Growth Rate (2018-2023)
Table Global Streetwear Revenue by Sales Channel (2018-2023)
Table Global Streetwear Revenue Market Share by Sales Channel (2018-2023)
Figure Global Streetwear Revenue Market Share by Sales Channel in 2023
Table Leading Distributors/Dealers of Streetwear by Sales Channel in 2023
Table Global Streetwear Market Size and CAGR by Region (2018-2032)
Table Global Streetwear Sales by Region (2018-2023)
Table Global Streetwear Sales Market Share by Region (2018-2023)
Figure Global Streetwear Sales Market Share by Region in 2023
Table Global Streetwear Revenue (Million $) by Region (2018-2023)
Table Global Streetwear Revenue Market Share by Region (2018-2023)
Figure Global Streetwear Revenue Market Share by Region in 2023
Table North America Streetwear Sales by Country (2018-2023)
Figure North America Streetwear Sales Market Share by Country (2018-2023)
Table North America Streetwear Revenue by Country (2018-2023)
Figure North America Streetwear Revenue Market Share by Country (2018-2023)
Figure North America Streetwear Market Share by Type in 2023
Figure North America Streetwear Market Share by Application in 2023
Figure United States Streetwear Sales and Growth Rate (2018-2023)
Figure United States Streetwear Revenue (Million $) and Growth Rate (2018-2023)
Figure Canada Streetwear Sales and Growth Rate (2018-2023)
Figure Canada Streetwear Revenue (Million $) and Growth Rate (2018-2023)
Table Europe Streetwear Sales by Country (2018-2023)
Figure Europe Streetwear Sales Market Share by Country (2018-2023)
Table Europe Streetwear Revenue by Country (2018-2023)
Figure Europe Streetwear Revenue Market Share by Country (2018-2023)
Figure Europe Streetwear Market Share by Type in 2023
Figure Europe Streetwear Market Share by Application in 2023
Figure Germany Streetwear Sales and Growth Rate (2018-2023)
Figure Germany Streetwear Revenue (Million $) and Growth Rate (2018-2023)
Figure UK Streetwear Sales and Growth Rate (2018-2023)
Figure UK Streetwear Revenue (Million $) and Growth Rate (2018-2023)
Figure France Streetwear Sales and Growth Rate (2018-2023)
Figure France Streetwear Revenue (Million $) and Growth Rate (2018-2023)
Figure Italy Streetwear Sales and Growth Rate (2018-2023)
Figure Italy Streetwear Revenue (Million $) and Growth Rate (2018-2023)
Figure Spain Streetwear Sales and Growth Rate (2018-2023)
Figure Spain Streetwear Revenue (Million $) and Growth Rate (2018-2023)
Figure Russia Streetwear Sales and Growth Rate (2018-2023)
Figure Russia Streetwear Revenue (Million $) and Growth Rate (2018-2023)
Table Asia-Pacific Streetwear Sales by Country (2018-2023)
Figure Asia-Pacific Streetwear Sales Market Share by Country (2018-2023)
Table Asia-Pacific Streetwear Revenue by Country (2018-2023)
Figure Asia-Pacific Streetwear Revenue Market Share by Country (2018-2023)
Figure Asia-Pacific Streetwear Market Share by Type in 2023
Figure Asia-Pacific Streetwear Market Share by Application in 2023
Figure China Streetwear Sales and Growth Rate (2018-2023)
Figure China Streetwear Revenue (Million $) and Growth Rate (2018-2023)
Figure Japan Streetwear Sales and Growth Rate (2018-2023)
Figure Japan Streetwear Revenue (Million $) and Growth Rate (2018-2023)
Figure Korea Streetwear Sales and Growth Rate (2018-2023)
Figure Korea Streetwear Revenue (Million $) and Growth Rate (2018-2023)
Figure India Streetwear Sales and Growth Rate (2018-2023)
Figure India Streetwear Revenue (Million $) and Growth Rate (2018-2023)
Figure Southeast Asia Streetwear Sales and Growth Rate (2018-2023)
Figure Southeast Asia Streetwear Revenue (Million $) and Growth Rate (2018-2023)
Figure Australia Streetwear Sales and Growth Rate (2018-2023)
Figure Australia Streetwear Revenue (Million $) and Growth Rate (2018-2023)
Table South America Streetwear Sales by Country (2018-2023)
Figure South America Streetwear Sales Market Share by Country (2018-2023)
Table South America Streetwear Revenue by Country (2018-2023)
Figure South America Streetwear Revenue Market Share by Country (2018-2023)
Figure South America Streetwear Market Share by Type in 2023
Figure South America Streetwear Market Share by Application in 2023
Figure Brazil Streetwear Sales and Growth Rate (2018-2023)
Figure Brazil Streetwear Revenue (Million $) and Growth Rate (2018-2023)
Figure Mexico Streetwear Sales and Growth Rate (2018-2023)
Figure Mexico Streetwear Revenue (Million $) and Growth Rate (2018-2023)
Figure Argentina Streetwear Sales and Growth Rate (2018-2023)
Figure Argentina Streetwear Revenue (Million $) and Growth Rate (2018-2023)
Figure Colombia Streetwear Sales and Growth Rate (2018-2023)
Figure Colombia Streetwear Revenue (Million $) and Growth Rate (2018-2023)
Table Middle East & Africa Streetwear Sales by Country (2018-2023)
Figure Middle East & Africa Streetwear Sales Market Share by Country (2018-2023)
Table Middle East & Africa Streetwear Revenue by Country (2018-2023)
Figure Middle East & Africa Streetwear Revenue Market Share by Country (2018-2023)
Figure Middle East & Africa Streetwear Market Share by Type in 2023
Figure Middle East & Africa Streetwear Market Share by Application in 2023
Figure Turkey Streetwear Sales and Growth Rate (2018-2023)
Figure Turkey Streetwear Revenue (Million $) and Growth Rate (2018-2023)
Figure UAE Streetwear Sales and Growth Rate (2018-2023)
Figure UAE Streetwear Revenue (Million $) and Growth Rate (2018-2023)
Figure Saudi Arabia Streetwear Sales and Growth Rate (2018-2023)
Figure Saudi Arabia Streetwear Revenue (Million $) and Growth Rate (2018-2023)
Figure South Africa Streetwear Sales and Growth Rate (2018-2023)
Figure South Africa Streetwear Revenue (Million $) and Growth Rate (2018-2023)
Table Company Snapshot of Nike
Table Streetwear Introduction of Nike
Table Streetwear Sales, Price, Revenue, Gross Margin and Market Share of Nike (2021-2023)
Table Industrial Chain of Streetwear
Table Leading Consumers of Streetwear
Figure Global Streetwear Sales and Growth Rate Forecast (2024-2032)
Figure Global Streetwear Revenue and Growth Rate Forecast (2024-2032)
Table Global Streetwear Market Size and CAGR Forecast by Region (2024-2032)
Table Global Streetwear Market Size and CAGR Forecast by Type (2024-2032)
Table Global Streetwear Market Size and CAGR Forecast by Application (2024-2032)
Table Global Streetwear Market Size and CAGR Forecast by Sales Channel (2024-2032)

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