Increase in Trendy or Fashionable Apparel Coupled with Advancement in Technology Innovationsis Expected to Drive Global Apparel Manufacturing Market over the Forecast Period: Ken Research
Apparel manufacturing is a process of transforming fabric into garments (clothes and accessories), also known as garment production. The term apparel manufacturing is mainly used when garments are manufactured in a factory. Manufacturing usually occurs at factory catering to bulk quantity of garments as it is different from style or design at a time. Prior to start manufacture of an order factory needs to process through some of the activities which are recognized as the pre-production. Pre-production is basically a process which includes sampling, sourcing of raw material, production planning, costing, and production pattern making.
According to study, “Apparel Manufacturing Global Market Report 2019” key companies operating in the global apparel manufacturing market are Christian Dior SE, VF Corp, H&M AB Adidas AG, NIKE Inc., New Balance Athletic Shoe, Inc., THE North Face AVF Company, Puma SE, Under Armour, Inc., Gildan.com, Columbia Sportswear Company, ASICS America Corporation, Anta.com, Amer Sports, Umbro Ltd., Lululemon Athletica Incorporation, Dainese S.p.A., Fox Head, Inc., Ralph Lauren Corp., Fila Inc., Columbia Sportswear Company, Alpinestars S.p.A., ThorMX, Scott Sports SA. The apparel manufacturers have started adopting latest technologies & styles of production to establish the latest credentials in the market.
Based on apparel type, global apparel manufacturing market is segmented into driving apparel, sports apparel and others. Driving apparels include pants, boots, helmets, jackets, gloves, armors, and other protection accessories. Based on product type, market is segmented into socks, sweaters, shirts, underwear and many cut-and-sew clothing items such as dresses, suits, and trousers. Based on technology, market is segmented into material transport systems and computerized equipment. Computers & computer-controlled equipment aid in many functions, for instance design &patternmaking,and cutting.Based on production functions, market is segmented into fabric cutting, embroidery, printing, sewing, washing, folding, thread trimming, ironing, and packing. Based on price, market is segmented into low price, economy price, medium price, premium price, super premium price and luxury. Based on the mode of sale, market is segmented into retail stores, brand outlets, supermarkets, discount stores and online stores. In addition, based on end-user, market is segmented into men, women and kids.
The apparel manufacturing market is driven by increase in fitness consciousness to the consumers, followed by augment in disposable income, improvement in technology innovations, growth in government regulations, increase in concerns regarding road safety, rapid growth of online retail platform, rise in motorsports (Formula One, MotoGP and IndyCar) popularity and increase in trendy or fashionable apparel. However, availability of low quality &counterfeit products may be impact the overall market. Moreover, increase in participation of women in fitness &sports areadding to the majoropportunitiesto the market.
Based on geography, Asian-Pacific region holds prevalent share of apparel manufacturing market, followed by North-American region owing to perfection in living standards for the emerging countries such as China & Indiaand increase in fitness activities such as aerobics, running, swimming, and yoga among consumers adding to the opportunity for the market growth. The Western-European region is expected to witness high growth rate owing to increase in health awareness followed by increase in availability of boots, shirts, suits, jackets, helmets, and other accessories over the various retail outlets is anticipated to enhance the demand for these apparel products, which in turn will outcome the high growth to the global market.
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Ankur Gupta, Head Marketing & Communications