Decorated Apparel Market Size to Reach $ 50,770.8 Mn by 2024 | CAGR 11.5% – Value Market Research
As per the analysis, global Decorated Apparel Market is estimated to reach USD 50,770.8 Million in 2024 from USD 24,190.5 Million in 2017 with CAGR 11.5%. The report encompasses in-depth analysis of market size, share, growth and trends under the forecast period 2018-2024. Report provides an in-depth, accurate and quality research data to potential clients, who can use this data in smart decision – making for future. In addition, the comprehensive research data will assist in gaining a competitive edge and potential profit in the market.
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the decorated apparel market includes Advance Printwear Limited, Delta Apparel, Downtown Custom Printwear, Gildan Activewear Inc., Hanesbrands Inc., Lynka, Master Printwear, New England Printwear, and Russell Brands, Llc. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
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Market Dynamics
The growth of the market can be attributed to the robust growth in decorated apparel market is mainly driven by growing population base, rise in per capita disposable consumer income, and growing demand for customized or personalized apparel. Also, rising sense of fashion among people along with the growing innovation in the apparel industry for especially for women is another major factor driving the growth. Further, the rising influence of media and western culture on people mindsets is also anticipated to fuel growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of decorated apparel.
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Market Segmentation
The broad decorated apparel market has been sub-grouped into technique and product type. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Technique
Embroidery
Screen Printing
Dye Sublimation
Digital Printing
Heat Transfer
Direct To Garment (DTG)
Others
By Product Type
Womenswear
Menswear
Others
Regional Analysis
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for decorated apparel in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
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