Forecast: Value Added in Wearing Apparel Except Fur Sector in Brazil

The wearing apparel sector in Brazil is projected to steadily grow in value from 2024 to 2028, starting at 23.01 billion Brazilian Reals and reaching 24.98 billion. This represents a year-on-year increase of about 2.21% in 2025, 2.13% in 2026, 2% in 2027, and 1.96% in 2028. The compound annual growth rate (CAGR) over this five-year period is approximately 1.66%.

In 2023, the value stood at an undisclosed figure, allowing us to focus on forecasted growth dynamics starting in 2024. Future trends to watch include:

  • Influence of sustainability and technological innovation in production methods.
  • Consumer shift towards online shopping affecting traditional retail strategies.
  • Economic conditions and disposable income fluctuations influencing spending on apparel.

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