The Business Research Company Global Apparel Market Report 2022 – Market Size, Trends and Forecast 2022-2026
LONDON, GREATER LONDON, UK, June 10, 2022 /EINPresswire.com/ — According to ‘Apparel Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the clothing market the size is expected to grow from $551.36 billion in 2021 to $605.4 billion in 2022 at a compound annual growth rate (CAGR) of 9.8%. The apparel market is expected to reach $843.13 billion in 2026 at a CAGR of 8.6%. Growing demand for online shopping is expected to aid in the growth of the apparel manufacturing market.
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The apparel market includes sales of apparel by entities (organizations, independent traders, and partnerships) that produce apparel. Apparel producers cut and sew (i.e. purchase fabric and cut and sew to make a garment) and/or produce garments by first knitting fabric, then cutting and sewing fabric to make it into a garment. The apparel manufacturing industry includes entities that manufacture full lines of ready-to-wear and bespoke garments: apparel contractors, performing cutting or sewing operations on materials owned by others , wholesalers, performing entrepreneurial functions involved in the manufacture of garments, tailors, making bespoke garments for individual customers and entities which combine knitting with the production of complete garments, but excluding producers of uncombined knitwear with the production of complete garments.
Global Apparel Market Trends
Apparel manufacturing companies are investing in computer-controlled embroidery systems to increase efficiency and reduce operating costs. These are sewing-embroidering machines equipped with a computer-controlled system, specially designed for efficient embroidery. This industrial and commercial equipment is capable of automatically creating a design on the fabric, from a pre-programmed digital embroidery design. There are single-needle machines that require manual intervention for thread change activity, and multi-needle sewing-embroidery machines with multiple sewing heads, which require an input sequence for automatic color change. . These machines can produce special fabric effects, chain stitch embroideries, sequins, appliqués, die cuts and more, automatically using specified inputs in digital format. These machines are capable of performing functions such as editing and loading designs, creating a digitized design file, monitoring the entire embroidery process.
Segments of the global apparel market
The global apparel market is segmented:
By Type: Women’s Clothing, Men’s Clothing, Children’s Clothing
By distribution channel: retail stores, online stores
By fiber type: Synthetic fibers, Cotton fibers, Animal fibers, Vegetable fibers
Sub-segments covered: dresses and skirts, women’s pants, blouses, singlets, women’s sweatshirts and sweaters, women’s coats and jackets, women’s suits and sets, women’s blazers, sleepwear and underwear (women’s and girls), women’s t-shirts and tank tops, women’s sports and swimwear, women’s other clothing, men’s pants, men’s shirts, men’s jerseys, sweatshirts and pullovers, men’s coats and jackets, men’s blazers Men’s Clothing, Men’s Suits, Sleepwear and Underwear (Men’s and Boys’), Men’s T-Shirts and Tank Tops, Sportswear and Swimwear, Other Men’s Clothing, Baby and Toddler Clothing, Clothing for young children
By Geography: The global apparel market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Western Europe represents the largest share.
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The Global Apparel Market Report 2022 is part of a series of new reports from The Business Research Company that provides Apparel Market Overview, Global Apparel Market Analysis and Forecasts Size and Global Apparel Market Growth, Global Apparel Market Share, Apparel Market Segments and Geographies, Apparel Market Players, Key Competitor Revenues, Profiles and Market Shares of the clothing market. The Apparel Market report identifies key countries and segments for opportunities and strategies based on market trends and key competitor approaches.
TBRC’s 2022 Global Apparel Market Report includes information on the following:
Data segmentation: market size, global, by region and country, historical and forecast, and growth rate for 60 geographies
Major Market Players: Nike Inc., VF Corp, Adidas AG, Hanesbrands Inc., Levi Strauss & Co., Kering SA, Under Armor Inc., Mitsui, Berkshire Hathaway Inc. and Itochu Corp.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, United States, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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The Business Research Company has published over 1,000 industry reports covering over 2,500 market segments and 60 geographies. The reports are based on 150,000 datasets, extensive secondary research and proprietary insights from interviews with industry leaders. Reports are updated with a detailed analysis of the impact of COVID-19 on various markets.
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