APAC TO ACCOUNT FOR OVER 40% GLOBAL MENSWEAR AND WOMENWEAR MARKET BY 2024

APAC TO ACCOUNT FOR OVER 40% GLOBAL MENSWEAR AND WOMENWEAR MARKET BY 2024 -  High population density, increasing Internet penetration, economic growth and the increased spending ability of the consumers offer huge growth potential for menswear and womenswear sales in the Asia-Pacific (APAC) region. As a result, the APAC market is forecast to account for over 40% of the global sales by 2024, reveals GlobalData, a leading data and analytics company. At the same time, the share of the Americas and Europe will continue to fall, on the back of mar…