Asia Pacific Decorated Apparel Market Size & Outlook
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Asia Pacific decorated apparel market highlights
- 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.
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.
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Decorated Apparel Market Scope
Decorated Apparel Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Lynka | View profile | 251-500 | Skawina, Malopolskie, Poland, Europe | http://www.lynka.eu/ |
| Advance Printwear | View profile | 1-10 | Birmingham, Birmingham, United Kingdom, Europe | https://www.advanceprintwear.co.uk |
| Downtown Custom Printwear | View profile | 1-10 | Schenectady, New York, United States, North America | https://downtownprintwear.com |
| Delta Apparel Inc | View profile | 6000 | 2750 Premiere Parkway, Suite 100, Duluth, GA, United States, 30097 | https://www.deltaapparelinc.com |
| Gildan Activewear Inc | View profile | - | - | - |
| Berkshire Hathaway Inc Class A | View profile | 396500 | 3555 Farnam Street, Omaha, NE, United States, 68131 | https://www.berkshirehathaway.com |
| Hanesbrands Inc | View profile | 48000 | 1000 East Hanes Mill Road, Winston-Salem, NC, United States, 27105 | https://www.hanes.com |
Asia Pacific decorated apparel market size, by country, 2018-2030 (US$M)
Asia Pacific Decorated Apparel Market Outlook Share, 2023 & 2030 (US$M)
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