Global Decorated Apparel Market Analysis & Trends - Industry Forecast to 2030
Decorated Apparel Market: Market Size
From $39.48 billion in 2024, the global Decorated Apparel Market is projected to reach $95.69 billion by 2030. Based on our analysis the market is expected to grow at a CAGR of 15.9% from 2024 - 2030 timeframe. Some of the prominent trends that the market is witnessing include improvement in new printing technologies, increasing 3d technology and rising usage of heat press techniques.
Global Decorated Apparel Market: Market Dynamics
High fashion brands have been widely adopting the digital printing technique, increasing GDP and a rise in population across the globe. Growing attractiveness of screen printing and digital printing works on apparel, customized t-shirts, and tops, the demand for apparel printing has been increasing, thereby leading to market growth.
On the other hand, the high screen costs and screen storage costs is likely to obstruct the profit boundaries. In addition, rising number of sports clubs across the globe will further boost for the Decorated Apparel Market.
Impact of COVID-19 on Decorated Apparel
The outbreak of COVID-19 has drastically affected the fashion industry, in countries across the globe. The shutting down of physical stores of major brands and reduced number of fashions shows and events owing to the need for social distancing have led to a significant decline in the growth of the market. Nevertheless, e-commerce and online portals have been flourishing, which is expected to keep the market prospects relatively steady during the COVID-19 crisis.
By End User
Women Segment Dominate the Market in 2024
The women segment made huge revenue in 2024 and growing its prominence during the forecast period. The growth of the segment is attributed to the factors such as the convenience of an extensive range of apparel such as designer tops, gowns and kurtas are among the factors motivating this segment’s growth. Additionally, the fact that the popularity of designer apparel is noticeably higher in women than in men is leading manufacturers to introduce a variety of apparel designed to meet the product preferences of women.
By Geography
Asia Pacific Region is Leading in the Global Market Place
Asia Pacific region is likely to have a huge demand in the forecast period, owing to the presence of numerous apparel manufacturers in the province has been driving the demand for the market. Furthermore, rising per-capita income, changed living standards of consumers, growing demand for apparel, and increasing population of the middle-class in areas such as India and China, growing demand for innovatively designed apparel is boosting the market growth in these countries.
List of the Key Players Profiled in the Market Include: • Gildan
• Fruit of The Loom, Inc.
• Downtown Custom Printwear
• Hanesbrands Inc
• Master Printwear
• Delta Apparel, Inc.
• Target Decorated Apparel
• Advance Printwear Limited
• Lynka
• New England Printwear
List of the Regions/Countries Profiled in the Market Include: North America
• US
• Canada
• Mexico
Europe
• Germany
• U.K
• Italy
• France
• Spain
• Rest of Europe
Asia Pacific
• China
• Japan
• India
• Australia
• New Zealand
• Rest of Asia Pacific
Middle East
• Saudi Arabia
• UAE
• Rest of Middle East
Latin America
• Argentina
• Brazil
• Rest of Latin America
Rest of the World (RoW)
• South Africa
• Others