According to a new report, published by KBV research, The Global Blank Apparel Market size is expected to reach $19.3 billion by 2030, rising at a market growth of 4.8% CAGR during the forecast period. In the year 2022, the market attained a volume of 1,578.3 million units, experiencing a growth of 4.9% (2019-2022).
The B2B segment is leading the Global Blank Apparel Market, By Distribution Channel in 2022; thereby, achieving a market value of $16.9 billion by 2030. Many businesses and organizations require blank apparel items that they can customize with their logos, designs, and branding. B2B suppliers offer bulk quantities of blank garments, which are used for various purposes, such as uniforms, promotional merchandise, and event giveaways. It is frequently used for events, trade shows, and promotions.
The Shirts segment is registering a CAGR of 5.7% during (2023 - 2030). There has been a growing trend for casual and comfortable clothing, especially with the rise of remote work and lifestyle changes. T-shirts and tanks epitomize casual wear, making them increasingly popular choices for everyday attire. These are versatile garments that can be worn in various settings and styled in different ways for a casual look or dressed up with blazers and accessories for a more polished appearance. This versatility increases their demand among a wide range of consumers.
The Asia Pacific region dominated the Global Blank Apparel Market, By Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $8.1 billion by 2030. The Europe region is anticipating a CAGR of 4.6% during (2023 - 2030). Additionally, The North America region would exhibit a CAGR of 4.3% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/blank-apparel-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Bella+Canvas (Color Image Apparel, Inc), SpectraUSA, Gildan Activewear Inc., Delta Apparel Inc., Los Angeles Apparel Inc., Lane Seven Apparel, AS Colour, Independent Trading Company, Stanley/Stella., Next Level Apparel
By Distribution Channel (Volume, Million Units, USD Billion, 2019-2030)
By Type (Volume, Million Units, USD Billion, 2019-2030)
By Geography (Volume, Million Units, USD Billion, 2019-2030)
Companies Profiled