PUBLISHER: MarketLine | PRODUCT CODE: 1520951
PUBLISHER: MarketLine | PRODUCT CODE: 1520951
Global Apparel & Non-Apparel Manufacturing industry profile provides top-line qualitative and quantitative summary information including: Market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the Market.
The apparel & non-apparel manufacturing market is segmented into apparel and non-apparel products. The market value refers to the revenue generated by apparel and non-apparel manufacturers in a specific year.
The apparel segment includes menswear, womenswear, and childrenswear. It does not include leather, footwear, and accessories.
Menswear includes all clothing types designed for men, such as business suits, shirts, T-shirts, trousers/pants (including casual slacks/chinos), jeans, shorts, jackets/blazers, coats, vests, jumpers, sweatshirts/hoodies, pullovers, jerseys, cardigans, men's underwear (Vests, underpants, socks), men's nightwear, and other men's outerwear including regional or national attire. Also, the segment includes all sportswear, workwear, and fancy dress.
Womenswear includes clothing types designed for women, such as dresses, jackets/blazers, coats, jumpers, shrugs/cardigans, sweatshirts/hoodies, pullovers, jerseys, jeans, leggings/jeggings, shirts, T-shirts, blouses, shorts, trousers/pants, skirts, business suits, tops, vests, camis, tanks, women's underwear, tunics, women's nightwear, and other women's outerwear including regional and national attire, such as saris. Includes all sportswear. Also, the segment includes all workwear and fancy dress.
Children's wear includes all clothing designed for children between the ages of 0-15, such as baby clothing, boy's casualwear, boy's school wear, boy's underwear (vests, underpants, socks) and nightwear, boy's formalwear-occasion, boy's outerwear including regional or national attire, girl's casualwear, girl' school wear, girl's underwear (knickers, bras, vests, socks and tights) and nightwear, girl's formalwear-occasion, girl's outerwear including regional and national attire, such as saris, and toddler clothing. Also, the segment includes all sportswear and fancy dress.
The non-apparel products segment includes non-clothing textiles such as carpets, mats, rugs, carpet tiles, textiles and soft furnishings (bathroom textiles, beddings, cushions, futons, hammocks, table linen, furniture covers, doormats), and window curtains.
All market data and forecasts are adjusted for inflation and all currency conversions used in the creation of this report have been calculated using yearly annual average exchange rates.
The global apparel & non-apparel manufacturing market recorded revenues of $1,111,503.8 million in 2023, representing a compound annual growth rate (CAGR) of 1.3% between 2018 and 2023.
The apparel segment accounted for the market's largest proportion in 2023, with total revenues of $965,221.4 million, equivalent to 86.8% of the market's overall value.
The global apparel & non-apparel manufacturing market is primarily driven by a convergence of fashion trends, sustainability, urbanization, and technological advancements. The rising emphasis on sustainability and green fashion, driven by eco-conscious consumers, pushes manufacturers to adopt environmentally friendly practices and materials, boosting demand for sustainable products. For instance, according to GlobalData, the global green fashion market value stood at $23.8 billion in 2023, an increase of 6.3% from the previous year.