Garment Market 2019 Global Analysis, Opportunities and Forecast to 2025

Garment Market –Market Demand, Growth, Opportunities, Analysis of Top Key Players and Forecast to 2025

Pune, India – September 9, 2019 /MarketersMedia/ —

Global Garment Market Research Report 2019

Wiseguyreports.Com adds “Garment Market 2019 Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast to 2025” To Its Research Database.

Market Overview:

Good Growth Rate Predicted for the Global Garments Market

The apparel industry consists of finished garments such as kids’ wear, men’s clothing and womenswear. One of the most promising and dynamic businesses these days is the manufacturing of garments as fashion fads keep changing every now and then. To keep up with the changing styles, the buying habits of customers, and shorter product lifecycles, manufacturers need to constantly upgrade their offerings in order to survive in this highly competitive market.

The global garment market is estimated to expand at a CAGR of 4.4% during the 2018-2023 period. This industry plays a crucial role in the development of a nation’s economy by way of generating revenue and creating jobs; and it is also undergoing major changes owing to worldwide sourcing, competitive pricing, preference of consumers for branded garments and an overall rise in the disposable income of the consumer. These factors have bestowed this industry with a positive growth rate so far.

Request a Free Sample Report @ https://www.wiseguyreports.com/sample-request/4285960-2013-2028-report-on-global-garment-market-by

Some of the key players in the garments industry across the world include the following:

Sritex
Argo Manunggal Group
PT Dan Liris
Multi Garmenjaya
Busana Apparel
This report offers an in-depth analysis of the worldwide market for apparel based on historical data from 2013-2018 as well as forecasts the rising market trends for the period 2019-2028. It also explores the bases for segmenting this market and covers its geographical reach.

Segmentation:

The global garments market can be split on the basis of the following:

Type
Application
Sales Channel
Based on the type, this market can be divided into two broad categories, namely upper body apparel and lower body apparel. This again would be gender specific including women’s and girls’ apparel or men and boys’ apparel, as well as innerwear, sportswear, swimwear and clothing accessories.

Based on the application, this market can be split into the following segments:

Blouses and shirt-blouses
Jackets and blazers
Jerseys and pullovers
Overcoats, parkas, anoraks, windcheaters, wind jackets and similar articles
Skirts and divided skirts
Sarongs
Besides the above, the global garments market can also be split according to the sales channels, which could include direct channels or distribution channels, whether online or offline. It has been observed by industry experts that brick and mortar stores still rule the market but the rate of growth of their distribution is still less than the rate of growth in online channels.

Regional Analysis:

North America, South America, Asia Pacific (APAC), Europe, and the Middle East & Africa (MEA) are the five major regions that are the key players in the global garments market. In 2017, the biggest market for garments was the Asia Pacific region. During the 2018-2023 forecast period, it is anticipated that Latin America will exhibit the highest CAGR of 6.8%.

Complete Report Details@  https://www.wiseguyreports.com/reports/4285960-2013-2028-report-on-global-garment-market-by

Industry News:

Some of the world’s leading fashion brands such as Adidas, H&M, Nike and Gap have subscribed to a new coalition pledging to reduce the impact that the apparel industry has on the environment. The measures will include reducing greenhouse gas emissions, eliminating the use of single-use plastic, making use of renewable energy sources, and encouraging regenerative practices in agriculture.

Continued….

Contact Info:
Name: NORAH TRENT
Email: Send Email
Organization: WISE GUY RESEARCH CONSULTANTS PVT LTD
Address: Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar Pune – 411028 Maharashtra, India
Phone: 841 198 5042
Website: https://www.wiseguyreports.com/reports/4285960-2013-2028-report-on-global-garment-market-by

Source URL: https://marketersmedia.com/garment-market-2019-global-analysis-opportunities-and-forecast-to-2025/88917082

Source: MarketersMedia

Release ID: 88917082