Asia Pacific Blank Apparel Market Size & Outlook
Asia Pacific blank apparel market, 2018-2030 (US$M)
Related Markets
Asia Pacific blank apparel market highlights
- The Asia Pacific blank apparel market generated a revenue of USD 2,039.6 million in 2023.
- The market is expected to grow at a CAGR of -4.9% from 2024 to 2030.
- In terms of segment, bottoms was the largest revenue generating apparel in 2023.
- Hoodies/ Sweatshirts is the most lucrative apparel segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 2,039.6 million |
| Market revenue in 2030 | USD 1,431.4 million |
| Growth rate | -4.9% (CAGR from 2023 to 2030) |
| Largest segment | Bottoms |
| Fastest growing segment | Hoodies/ Sweatshirts |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | T-shirts & tanks, Hoodies/ Sweatshirts, Shirts, Bottoms |
| Key market players worldwide | Gildan Activewear Inc, SoFi Technologies Inc Ordinary Shares, Delta Apparel Inc, Bella + Canvas, Spectra USA, Lane Seven Apparel, AS Colour, Independent Trading Co., Stanley & Stella, Next Level Apparel |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 27.3% of the global blank apparel market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 1,941.0 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Blank Apparel Market Scope
Blank Apparel Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific blank apparel market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to blank apparel market will help companies and investors design strategic landscapes.
Bottoms was the largest segment with a revenue share of 45.21% in 2023. Horizon Databook has segmented the Asia Pacific blank apparel market based on t-shirts & tanks, hoodies/ sweatshirts, shirts, bottoms covering the revenue growth of each sub-segment from 2018 to 2030.
The influence of social media has played a pivotal role in driving the demand for blank apparel in Asia Pacific. Platforms like Instagram, Twitter, and fashion-centric blogs have become virtual spaces for individuals to showcase their creativity and unique styles. Blank apparel, with its simplicity and versatility, serves as a medium of expression for fashion enthusiasts to express their individuality.
Users often share photos and videos of their customized blank garments, inspiring others to embark on DIY projects and explore their creativity. An article from The Daily Guardian reports that as of 2023, social media usage was widespread throughout Asia, with the Asia Pacific area accounting for about 60% of the world's total social media enthusiasts.
It is expected that this region will see a steady growth rate of 2.7% annually, leading to an estimated increase of more than 59 million new social media users by 2024.
Reasons to subscribe to Asia Pacific blank apparel market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific blank apparel market databook
-
Our clientele includes a mix of blank apparel market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific blank apparel market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific blank apparel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific blank apparel market size, by country, 2018-2030 (US$M)
Asia Pacific Blank Apparel Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
