Market revenue in 2023 | USD 2,869.0 million |
Market revenue in 2030 | USD 6,306.7 million |
Growth rate | 11.9% (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 35.61% in 2023. Horizon Databook has segmented the China decorated apparel market based on embroidery, screen printing, dye sublimation, digital printing covering the revenue growth of each sub-segment from 2018 to 2030.
Various apparel companies in the country experienced a growth between 10% to and 70% depending on their brand offerings in several categories such as leather goods, ready-to-wear clothing, shoes, beauty, and watches.
Reduction in import duties, pandemicrelated travel restrictions, brand price harmonization, and rise in the number of Gen Z and millennial shoppers, along with growing digitalization are steadily driving the Chinese global luxury purchases. This, in turn, has influenced the decorated apparel market positively.
China is the largest producer and exporter of textiles and apparel in the world. The production of apparel in the country is relatively cheap owing to high production and availability of raw materials. This provides growth opportunities for decorated apparel manufacturers in the country.
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