2025 Tailoring And Alteration Services Industry Trends Report: Long-Term Outlook Through 2034

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How Large Will the Tailoring And Alteration Services Market Size By 2025?
The market size of tailoring and alteration services has been experiencing consistent growth in preceding years. The market is projected to increase from a value of $9.4 billion in 2024 to $9.82 billion in 2025, with a compound annual growth rate (CAGR) of 4.4%. Factors contributing to this growth over the historic period includes heightened demand for personalized fashion, an uptick in consumer preference for garments that fit well, the expansion of formal and professional clothing requirements, the impact of fashion trends, and the aspiration for sustainable fashion and prolonged garment lifespan.

How Big Is the Tailoring And Alteration Services Market Size Expected to Grow by 2029?
It is predicted that the tailoring and alteration services market will experience consistent growth in the coming years, reaching a market size of $11.85 billion by 2029 with a compound annual growth rate (CAGR) of 4.8%. This anticipated growth during the forecast period is due to factors such as increased recognition of the advantages of customized tailoring, an upsurge in disposable income levels, the proliferation of online and digital tailoring platforms, a growing number of fashion influencers, and worldwide growth. Noteworthy trends during the projection period encompass technological innovations, the rise of online tailoring platforms, the introduction of 3D scanning, smart tailoring solutions, and the development of virtual fitting rooms.

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Which Key Market Drivers Powering Tailoring And Alteration Services Market Expansion and Growth?
The tailoring and alteration services market is anticipated to witness substantial growth, fuelled by the expanding fashion industry. The industry concerning fashion deals with the creation, production, and selling of clothes, footwear, and accessories that cater to varying styles and trends across different marketing sectors. Elements pushing the growth of the fashion industry include increased consumer spendings on clothes, an uptick in online shopping, and a more prominent emphasis on trend-centric and personalized fashion. Tailoring and alteration services in this industry allow for personalized modifications to clothing, guaranteeing a perfect fit and improving the overall customer experience. For example, a report published by the UK Fashion and Textile Association (UKFT), a UK-based organization for fashion and textile businesses, stated that in November 2023, the UK fashion and textile industry contributed $81 billion (£62 billion) to the country's GDP while supporting 1.3 million jobs. Furthermore, it yielded over $30 billion (£23 billion) in tax revenue. Consequently, the expanding fashion industry is projected to spur growth in the tailoring and alteration services market.

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Which Fast-Growing Trends Are Poised to Disrupt the Tailoring And Alteration Services Market?
Many leading corporations in the tailoring and alteration services sector are forming strategic alliances in an effort to improve the aesthetic or functionality of clothing items. A strategic alliance is a cooperative engagement between two or more entities who align their efforts towards shared objectives while maintaining their individual independence. An example of this was in June 2024, when Marks & Spencer, a renowned retail corporation based in the UK, joined forces with SOJO, a fellow UK-based firm specializing in clothing repair and tailoring services. They introduced a clothing repair service titled M&S Fixed by SOJO. This web-based service offers a range of services such as zip replacements and imperceptible knitwear repairs, delivering returned items within a week to ten days. This initiative was born out of research findings that indicated only a meagre 10% of consumers are confident in repairing their clothes, while a significant 60% are in pursuit of more eco-friendly retail alternatives.

What Are the Emerging Segments in the Tailoring And Alteration Services Market?
The tailoring and alteration servicesmarket covered in this report is segmented -

1) By Service: New Creations, Alterations, Garment Repair
2) By Consumer Orientation: Male, Female
3) By Clothes Type: Business Wear, Casual Wear, Other Clothes Types
4) By End-User: Individual Consumers, Businesses, Other End-Users

Subsegments:
1) By New Creations: Custom Clothing Design, Wedding Dresses And Formal Attire, Tailored Suits And Blazers, Unique Fashion Pieces
2) By Alterations: Hemming And Shortening, Taking In Or Letting Out Seams, Adjusting Sleeves And Cuffs, Altering Dress Lengths And Silhouettes
3) By Garment Repair: Patch Repair And Mending, Zipper Replacement, Button Replacement, Repairing Tears And Holes

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Who Are the Global Leaders in the Tailoring And Alteration Services Market?
Major companies operating in the tailoring and alteration services market are Saks Fifth Avenue, Neiman Marcus, Tailored Brands Inc., Etsy Inc., Ermenegildo Zegna, Suitsupply BV, Stitch-It Canada's Tailor Inc., T.M.Lewin, The Savile Row Company, LookSmart Alterations, Ganni A/S, Alteration Express, Cad & The Dandy, Huntsman & Sons, Sojo, London Tailors, The Perfect Fit, Hemster Inc., The Fitting Room, Alterations Boutique, Manhattan Tailors, Harrods Limited, Argys Tailoring

Which are the Top Profitable Regional Markets for the Tailoring And Alteration Services Industry?
North America was the largest region in the tailoring and alteration services market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the tailoring and alteration services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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