According to a new report, published by KBV research, The Global Decorated Apparel Market size is expected to reach $52.8 billion by 2028, rising at a market growth of 12.1% CAGR during the forecast period.
The Embroidery segment acquired maximum revenue share in the Global Decorated Apparel Market by Product in 2021, thereby, achieving a market value of $20.8 billion by 2028. The growing popularity of embroidery on a variety of styles, regardless of gender, is creating huge growth potential for embroidered-based decorative clothes. The use of threads of various widths, colors, and finishes, as well as trims ranging from small beads to large patches, creates a diversified functionality that appeals to customers. Embroidery-decorated clothes are gaining popularity in the market because it provides excellent quality, added value, and a finished look to the garment. The increased demand for embroidery adorned garments is largely due to custom embellished apparel.
The Men segment is showcasing a CAGR of 12.4% during (2022 - 2028). The breadth of the decorated apparel market is expanding due to increased product availability with a variety of distinctive designs, color combinations, patterns, and other decorations in graphic tees, jackets, and designer jackets for men. Men's desire for decorated clothes is driven by the increasing use of printing and embroidery on apparel logos for sportswear such as a young baseball team, school pride wear, or walk/run fundraisers. Furthermore, the presence of embroidery embellishment on men's coats, shirts, t-shirts, and trousers motivates apparel producers to include similar characteristics in their products. Furthermore, men's rising predilection for shirts monogrammed with the brand emblem or their initials to enhance distinction has led to a higher penetration of men's decorated garments.
The Asia Pacific market dominated the Global Decorated Apparel Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $19.1 billion by 2028. The Europe market is estimated to witness a CAGR of 11.7% during (2022 - 2028). Additionally, The North America market would experience a CAGR of 11.4% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/decorated-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 Fruit of The Loom, Inc. (Berkshire Hathaway Inc.), Downtown Custom Printwear, Delta Apparel, Inc., Target Decorated Apparel, Advance Printwear Ltd., Lynka sp. z.o.o. (Vantage Custom Classics, Inc.), Gildan Activewear Inc., HanesBrands Inc., and Master Printwear.
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