Industry Background:
The branded apparel market is at the growing stage across various clothing categories and online retail platforms such as Myntra, Jabong, Snapdeal, and others become the major revenue contribution source in the branding industry. As brands are building more engagements before and after point of sale. There are few parameters such as a continuous change in consumer preferences, enhancement in the brand's supply chain to meet consumers' demand. As Paris is a hub for the fashion industry therefore the leading players are having their footprint in Paris. As in the current market situation, the fashion industry saw a big pause, but now there is a resumption in the textile and apparel operations. The capacity of production is lower which is impacting the revenue this year.This growth is primarily driven by Rising Omni-Channel Approach to Sales
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Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | K Unit |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Apparel, Accessories & Luxury Goods sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as H&M (Sweden), Inditex (Spain), Nike (United States), Gap Inc. (United States), Adidas (Germany), PVH (United States), VF Corporation (United States), Levi Strauss & Co. (United States), Francesca's Acquisition LLC (United States), LVMH (France) and Kering (France), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In May 2023, Francesca's Acquisition LLC acquired LA-based apparel and lifestyle brand richer poorer. This acquisition helped Francesca's Acquisition LLC to strengthened its presence in branded apparel market
In Oct 2019, in India, retailers are focusing on baby fashion. Currently, baby clothing is becoming a major attraction in the clothing industry. Even on online Sales channels Flipkart, Puma, and others are launching various dedicated infant lines for ages up to 2 years.The companies are exploring in this market are market leaders in the clothing industry. As in this industry players concentration is differ as per the demographic segmentation. Most of the player are highly focus towards the movement towards the online. As players are noticed strong competition on ethnic wear. These players are enhancing their footprint across new geographical regions by adopting mergers & acquisitions, expansions, investments, new product launches, and collaborations as per their business strategies.
Influencing Trend:
Explosion of Brand, Beginning of Online Channel and Rising Contribution from the Womenswear to the Overall Apparel Market Growing Constantly
Market Growth Drivers:
Rising Omni-Channel Approach to Sales, High Growth in Organized Retail & Apparel, The arrival of Private Capital into the Ecosystem and Increasing Number of Working Women
Challenges:
Ethnic Wear Sees Limited Proliferation Beyond Regional Brands
Restraints:
Slowdown in Economy and The advent of Covid-19 Crises Highly Effects on the Fashion Industry for Coming 2-3 Years
Opportunities:
The emergence of New Apparel Categories and High Brand Mortality
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Branded Apparel Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Branded Apparel Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Branded Apparel players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Branded Apparel Study Sheds Light on
The Branded Apparel Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Branded Apparel industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Branded Apparel industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.