Latin America Blank Apparel Market Size & Outlook
Latin America blank apparel market, 2018-2030 (US$M)
Related Markets
Latin America blank apparel market highlights
- The Latin America blank apparel market generated a revenue of USD 812.1 million in 2023.
- The market is expected to grow at a CAGR of 4.2% from 2024 to 2030.
- In terms of segment, t-shirts & tanks 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, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 812.1 million |
| Market revenue in 2030 | USD 1,081.8 million |
| Growth rate | 4.2% (CAGR from 2023 to 2030) |
| Largest segment | T-shirts & tanks |
| 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, Latin America region accounted for 10.9% 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 |
|---|
Latin America 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.
T-shirts & tanks was the largest segment with a revenue share of 44.1% in 2023. Horizon Databook has segmented the Latin America blank apparel market based on t-shirts & tanks, hoodies/ sweatshirts, shirts, bottoms covering the revenue growth of each sub-segment from 2018 to 2030.
Central and South America have a long history of textile production, with countries like Brazil and Colombia being key players in the textile industry. The development and modernization of this sector have improved the quality and reduced the cost of producing blank apparel, making it more accessible and appealing to both domestic and international markets.
Significant investments in the region's textile industry make it an attractive option for blank apparel manufacturers. In February 2021, the Ministry of Industry and Commerce in Paraguay announced plans to invest USD 1.1 million in the manufacturing sector, with a focus on supporting industries such as clothing, textiles, footwear, and assembly operations.
This bodes well for the blank apparel market. Apart from this, most Central and South American countries have a strong tourism industry, rich in a host of cultural events. The Carnival in Brazil, Inti Raymi in Peru, Día de los Muertos in Mexico, and many others require participants—both locals and tourists—to wear unique attire that often involves personalized clothing.
Reasons to subscribe to Latin America 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 Latin America 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 Latin America blank apparel market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America blank apparel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America blank apparel market size, by country, 2018-2030 (US$M)
Latin America 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
