Market Research Report
Global Decorated Apparel Market with Focus on Imprintables Apparel: Insights, Trends and Forecast (2020-2024)
|Published by||Koncept Analytics||Product code||925171|
|Published||Content info||109 Pages
Delivery time: 1-2 business days
|Global Decorated Apparel Market with Focus on Imprintables Apparel: Insights, Trends and Forecast (2020-2024)|
|Published: February 12, 2020||Content info: 109 Pages||
The global decorated apparel market is estimated to reach US$47.30 billion in 2024 growing at a CAGR of 10.91% for the period spanning 2020-2024, whereas the global imprintables apparel market is forecasted to reach US$19.81 billion in 2024, growing at a CAGR of 10.85% for the period spanning 2020-2024. The growth of the market has been driven by the rising millennial population, growing urbanization, upsurge in economic growth and increasing e-commerce penetration. Some of the noteworthy trends of the market include emergence of Direct to Customer (DTC) retailers, increasing adoption of digital printing, development in printing techniques and increasing demand for personalized apparels. However, growth of the market would be challenged by high printing costs, harmful environmental impacts and excessive reliance on technology.
The global decorated apparel market can be categorized on the basis of type and end user. On the other hand, the global imprintables apparel market is segmented on the basis of technique. In terms of type, the global decorated apparel market can be categorized into embroidery, imprintables and others. On the basis of end user, the global decorated apparel market can segmented into women, men and children. The imprintables apparel market can be segmented into screen printing, dye sublimation, digital printing and others, in terms of technique.
The U.S. market is an emerging market where growth lies in high demand for customized clothing among the populace in the region, growth in e-commerce and retail channels, development of printing technologies augmenting the demand for graphic t-shirts and the increased disposable income of the individuals.