Asia Pacific Decorated Apparel Market Size & Outlook
The decorated apparel market in Asia Pacific is expected to reach a projected revenue of US$ 25,083.8 million by 2030. A compound annual growth rate of 13% is expected of Asia Pacific decorated apparel market from 2024 to 2030.
The Asia Pacific decorated apparel market generated a revenue of USD 10,633.0 million in 2023.
The market is expected to grow at a CAGR of 13% from 2024 to 2030.
In terms of segment, embroidery was the largest revenue generating product in 2023.
Screen Printing is the most lucrative product 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 10,633.0 million
Market revenue in 2030
USD 25,083.8 million
Growth rate
13% (CAGR from 2023 to 2030)
Largest segment
Embroidery
Fastest growing segment
Screen Printing
Historical data covered
2018 - 2022
Base year for estimation
2023
Forecast period covered
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
Other key industry trends
In terms of revenue, Asia Pacific region accounted for 36.7% of the global decorated apparel market in 2023.
Globally, Asia Pacific 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 19,723.9 million by 2030.
The way consumers dress up in Asia Pacific countries is very different from the rest of the world. Kimonos of Japan, qipao of China, and saris & kurtas of India are traditionally embroidered. Additionally, these types of clothes are widely being adopted across the world and contributing to the rise in fusion wear.
This, in turn, is driving the decorated apparel market in Asia Pacific. Increasing disposable income of the middle-class population has driven the number of first-time buyers of high-end decorated apparels in this region.
Consumers are increasingly inclined toward decorated apparel owing to preference for high-quality products and growing influence of social media in terms of fashion trends. In addition, the expansion of international players in the region is acting as a major driver for market growth.
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 Decorated Apparel Market Outlook will help companies and investors design strategic landscapes.
Embroidery was the largest segment with a revenue share of 39.94% in 2023.
Horizon Databook has segmented the Asia Pacific decorated apparel market based on embroidery, screen printing, dye sublimation, digital printing covering the revenue growth of each sub-segment from 2018 to 2030.
The way consumers dress up in Asia Pacific countries is very different from the rest of the world. Kimonos of Japan, qipao of China, and saris & kurtas of India are traditionally embroidered. Additionally, these types of clothes are widely being adopted across the world and contributing to the rise in fusion wear.
This, in turn, is driving the decorated apparel market in Asia Pacific. Increasing disposable income of the middle-class population has driven the number of first-time buyers of high-end decorated apparels in this region.
Consumers are increasingly inclined toward decorated apparel owing to preference for high-quality products and growing influence of social media in terms of fashion trends. In addition, the expansion of international players in the region is acting as a major driver for market growth.
Asia Pacific Decorated Apparel Market Product Outlook (Revenue, USD Million , 2018-2030)
Embroidery
Screen Printing
Dye Sublimation
Digital Printing
Others
Asia Pacific Decorated Apparel Market End User Outlook (Revenue, USD Million , 2018-2030)
Men
Women
Children
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific Decorated Apparel Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific Decorated Apparel Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Asia Pacific Decorated Apparel Market, 2018-2030 (US$M)