Apparel Manufacturing Market 2024-2028
The apparel manufacturing market is forecasted to grow by USD 119.2 bn during 2023-2028, accelerating at a CAGR of 4.3% during the forecast period. The report on the apparel manufacturing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing e-commerce industry globally, rising demand for fast fashion and trendy apparel among millennials, and increasing purchasing capacity of consumers.
Technavio's apparel manufacturing market is segmented as below:
- By Product
- Women apparel
- Men apparel
- Children apparel
- By Type
- Casual wear
- Formal wear
- Sport wear
- Night wear
- By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
This study identifies the shift toward sustainable and ethical fashion as one of the prime reasons driving the apparel manufacturing market growth during the next few years. Also, increasing focus on mergers and acquisitions by market vendors and growing focus of vendors on launch of smart apparel will lead to sizable demand in the market.
The report on the apparel manufacturing market covers the following areas:
- Apparel Manufacturing Market sizing
- Apparel Manufacturing Market forecast
- Apparel Manufacturing Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading apparel manufacturing market vendors that include Aditya Birla Fashion and Retail Ltd., Arvind Ltd., Asian Apparels Ltd., Beximco Apparels Ltd., Crystal International Group Ltd, Epyllion Group., Fakir Apparels Ltd., Gokaldas Exports Ltd., Hongyu Apparel, Jay Dee Exports, Jiangsu Lianfa Textile Co., Ltd., Kitex Garments Ltd, KPR Mill Ltd., LUEN THAI HOLDINGS LTD, MAS Holdings Pvt. Ltd., Plummy Fashions Ltd, Reliance Industries Ltd., Shahi Exports Pvt. Ltd, Vardhman Textile Ltd., and Youngor Group Co., Ltd.. Also, the apparel manufacturing market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.