Press release
Apparel Market 2024 - By Industry Demand, Leading Players, Regional Overview And Forecast To 2033
Apparel Market
As per the report, the apparel market size has grown strongly in recent years. It will grow from $655.7 billion in 2023 to $703.11 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The apparel market size is expected to see strong growth in the next few years. It will grow to $918.71 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%.
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Role Of Online Shopping In Driving Apparel Manufacturing Market Growth
The increasing demand for online shopping is expected to help the apparel manufacturing market grow. Manufacturers can now sell their products on a larger platform than before, which will increase their customer base geographically driving the growth of the apparel manufacturing market. In countries such as India, for instance, e-commerce portals have boosted the sales of traditional garments by giving larger exposure to producers who were confined to one geography where the weaving community was located.
Adoption Of Computer-Controlled Embroidery Systems In Apparel Manufacturing
Apparel manufacturing companies are investing in computer-controlled embroidery systems to increase efficiency and reduce operating costs. These are sewing-embroidery machines equipped with a computer-controlled system, specifically engineered for efficient embroidery. This industrial and commercial equipment is capable of creating a design automatically on the fabric, from a pre-programmed digital embroidery pattern. There are single needle machines that require manual intervention for thread changing activity, and multi needle sewing-embroidery machines with multiple sewing heads, that require an input sequence for automatic color change. These machines can produce special fabric effects, chain stitch embroidery, sequins, appliqué, cutwork and many others, automatically with the help of inputs specified in digital format. These machines are capable of performing functions such as editing and loading designs, creating digitized design file, monitoring the entire embroidery process. Major Companies providing computerized embroidery machines for efficient apparel manufacturing are Richpeace, ZojeDayu, Happy, Unix, and Damei.
The apparel market covered in this report is segmented -
1) By Type: Women's Wear, Mens Wear, Kids Wear
2) By Fiber: Man-Made Fibers, Cotton Fibers, Animal Based Fibers, Vegetable Based Fibers
3) By Distribution Channel: Offline Sales, Online Sales
Subsegments Covered: Dresses & Skirts, Womens Trousers, Blouses, Womens Jerseys, Sweatshirts & Pullovers, Womens Coats and Jackets, Womens Suits & Ensembles, Womens Blazers, Night & Underwear (Women & Girls), Womens T shirts & Slarlets, Womens Sports & Swimwear, Other Womens Wear, Mens Trousers, Mens Shirts, Mens Jerseys, Sweatshirts & Pullovers, Mens Coats and Jackets, Mens Blazers, Mens Suits, Night & Underwear( Mens and Boys), Mens T shirts & Slarlets, Mens Sports & Swimwear, Other Mens Wear, Infant And Toddler Clothes, Young Children Clothes
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Major companies operating in the apparel market report are NIKE, Inc., Adidas AG, PVH Corp., Christian Dior SE, Hanesbrands Inc., VF Corporation, Levi Strauss & Co., Kering S.A., Ralph Lauren Corporation, Samsung C&T Corporation, Aditya Birla Fashion and Retail Limited, Shanshan Group Co., United Arrows, Matsuoka Corp, Heilan Group, Youngor Group, Bosideng Corporation, Fujian Septwolves Industry Co. Ltd., Shimamura, Uniqlo, Nishimatsuya, Me & Mom, Allen Solly, Vipshop, Louis Philippe, Peter England, Van Heusen, Fabindia, Decathlon, Under Armour, H&M, Zara, Primark, Mark & Spencer, Next, MoroZoni, Depo, Lee, Colin's, Diesel, Wrangler, Rifle, Big Star, Mustang, Guess, Westland, Tommy Hilfiger, Gloria Jeans, LPP SA., Calvin Klein, Zumiez, Converse, Brooks Brothers, Hollister, Aeropostale, American Eagle Outfitters, Abercrombie & Fitch, Old Navy, GAP, Michael Kors, Coach, Gildan Activewear, Houpa, Chanel, Tee Spring, Inc., Azadea Group, Urban Outfitters, Al Bandar Trading Co, MANGO, Osman Jamjoom Group, Truworths Group
Contents of the report:
1. Executive Summary
2. Apparel Market Report Structure
3. Apparel Market Trends And Strategies
4. Apparel Market - Macro Economic Scenario
5. Apparel Market Size And Growth
…..
27. Apparel Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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