Europe Decorated Apparel Market Size & Outlook, 2023-2030
The decorated apparel market in Europe is expected to reach a projected revenue of US$ 19,723.9 million by 2030. A compound annual growth rate of 14.4% is expected of Europe decorated apparel market from 2024 to 2030.
The Europe decorated apparel market generated a revenue of USD 7,698.4 million in 2023.
The market is expected to grow at a CAGR of 14.4% 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, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
Market revenue in 2023
USD 7,698.4 million
Market revenue in 2030
USD 19,723.9 million
Growth rate
14.4% (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, Europe region accounted for 26.6% 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.
Europe has a strong apparel market, which is expected to have a positive impact on the demand for decorated apparel in the coming years. Europe is among the worst affected regions in the world by COVID-19.
Apart from the negative impact caused by the virus, unpleasant weather conditions forced a sizable number of shoppers, most notably in the U.K., to stay at home during the first quarter of 2020, thereby resulting in a dip in retail sales of decorated apparel.
Unpleasant weather conditions created a significant dent in the sales of decorated apparel even before the country-wide closure of non-essential retail outlets owing to the spread of the coronavirus. According to the Office for National Statistics, the volume of retail sales in the country dropped by 0.3% in February in comparison with that of the total volume sales in January 2020.
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 40.7% in 2023.
Horizon Databook has segmented the Europe decorated apparel market based on embroidery, screen printing, dye sublimation, digital printing covering the revenue growth of each sub-segment from 2018 to 2030.
Europe has a strong apparel market, which is expected to have a positive impact on the demand for decorated apparel in the coming years. Europe is among the worst affected regions in the world by COVID-19.
Apart from the negative impact caused by the virus, unpleasant weather conditions forced a sizable number of shoppers, most notably in the U.K., to stay at home during the first quarter of 2020, thereby resulting in a dip in retail sales of decorated apparel.
Unpleasant weather conditions created a significant dent in the sales of decorated apparel even before the country-wide closure of non-essential retail outlets owing to the spread of the coronavirus. According to the Office for National Statistics, the volume of retail sales in the country dropped by 0.3% in February in comparison with that of the total volume sales in January 2020.
Europe Decorated Apparel Market Product Outlook (Revenue, USD Million , 2018-2030)
Embroidery
Screen Printing
Dye Sublimation
Digital Printing
Others
Europe Decorated Apparel Market End User Outlook (Revenue, USD Million , 2018-2030)
Men
Women
Children
Reasons to subscribe to Decorated Apparel Market Outlook 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 Decorated Apparel Market Outlook databook
Our clientele includes a mix of Decorated Apparel Market Outlook 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 Europe Decorated Apparel Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Europe Decorated Apparel Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.