Market revenue in 2023 | USD 625.7 million |
Market revenue in 2030 | USD 1,070.7 million |
Growth rate | 8% (CAGR from 2023 to 2030) |
Largest segment | Embroidery |
Fastest growing segment | Screen Printing |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Embroidery, Screen Printing, Dye Sublimation, Digital Printing |
Key market players worldwide | Gildan Activewear Inc, Berkshire Hathaway Inc Class A, Hanesbrands Inc, Delta Apparel Inc, Downtown Custom Printwear, Advance Printwear, Lynka |
Embroidery was the largest segment with a revenue share of 41.36% in 2023. Horizon Databook has segmented the Brazil decorated apparel market based on embroidery, screen printing, dye sublimation, digital printing covering the revenue growth of each sub-segment from 2018 to 2030.
Events such as Rio Music Carnival, Lollapalooza, and Festival Bananada attract a huge crowd of close to 2 million visitors every year in the country. The growing demand for bright, sparkly printed carnival outfits that are traditionally worn in the country is fueling the decorated apparel market.
Additionally, the traditional clothes in the country, such as that baiana dress that is an opulent kind of decorated apparel worn by females featuring lace details and multiple layers. This dress is decorated with traditional embroidery called “bordado”. Thus, the rise in the demand for traditional costumes is anticipated to drive the decorated apparel market in Brazil.
No credit card required*
Name | Profile | # Employees | HQ | Website |
---|
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account