Decorated Apparel Market Size, Share, Growth, Trends and Industry Statistics Report, 2019 to 2025
The global decorated apparel market size was valued at USD 26.75 billion in 2018 and is anticipated to expand at a CAGR of 10.91% over the forecast period of 2019 to 2025.
(firmenpresse) - The global decorated apparel market size is expected to reach USD 55.23 billion by 2025 registering a CAGR of 10.91%, according to a new report by Grand View Research, Inc. Rise in demand for decorated apparels due to along with the increased consumer purchasing power drives the growth of the market. Increasing number of offline channels, such as fashion stores, design stores, and specialty stores, has also contributed to the growth of the market.
Moreover, changing fashion trends across the globe are expected to impel market growth over the forecast period. Use of reflective patterns on tees and hoodies in the entertainment sector is also boosting the market growth. North America is anticipated to ascend at the fastest CAGR on account of increased sales of products. In U.S., retail sales of women
In U.S., the sales of the apparel market was around USD 69.62 billion in 2018 and is expected to grow at a strong CAGR over the forecast period (from 2019 to 2023). Furthermore, high demand for products in sportswear segment across the region is likely to support market growth. Rise in consumer disposable income and demand for premium and branded products across different end-user segments are also estimated to propel the region
Further key findings from the study suggest:
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Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales(at)grandviewresearch.com
For More Information: www.grandviewresearch.com
Datum: 12.12.2019 - 05:26 Uhr
Sprache: Deutsch
News-ID 1554699
Anzahl Zeichen: 2636
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Typ of Press Release: Financial
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Date of sending: 12.12.2019
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