How big is streetwear fashion industry?

According to a recent Hypebeast survey, a majority of 62% of people answered that urban clothing will always be in fashion. Another interesting result of the survey was that footwear was the most popular urban clothing product, followed by 30% who chose t-shirts and hoodies. At least 6% of the consumers surveyed selected accessories because of their demand. The Global Urban Clothing Market Report provides an in-depth analysis of the state of the market of the main urban clothing manufacturers with the best facts and figures, the meaning, the definition, the SWOT and PESTAL analyses, the opinions of experts and the latest developments around the world.

The notable factor behind the success of the urban fashion industry is the fusion of casual wear and community building. Urban fashion is mainly based on the four pillars of comfort, scarcity, pop culture and the status symbol. Including urban clothing has become an important practice for big brands, such as traditional luxury homes and retail brands in shopping centers. Hoodies, t-shirts and shoes are still the most popular urban fashion items, with no limit in terms of their usability.

Today, luxury brands such as Louis Vuitton and Balenciaga have made contemporary urban clothing the cornerstone of their collections (and it's showing good results). Many people believe that urban fashion is the next revolution in the field of fashion and that it is here to evolve. Some of the key components that regulate urban fashion have changed in international markets such as China and Korea. The urban fashion industry's fan base ranges from rural to urban, encompassing all cultures, subcultures, income levels, socioeconomic factors and around the world.

Not so long ago, even the undisputed king of urban fashion, the late Virgil Abloh, noted that the urban fashion trend will eventually end in an interview with Dazed. This has helped urban fashion to go from being a striking fashion phenomenon that was inspired by the countercultures of the eighties and nineties to becoming a multi-million dollar retail market. This is a solution for those who are active on social media and want to appear in fashionable clothes. Streetwear Market Report identifies several key players in the market and sheds light on their strategies and collaborations to combat competition.

The research report uses several methodologies and analyses to provide detailed and accurate information on the urban clothing market. The current market dossier provides the growth potential of the market, the opportunities, the drivers, the specific challenges and risks of the industry, the market share, together with the growth rate of the global urban clothing market.