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Increasing Disposable Incomes in Asia Pacific Bolsters Global Decorated Apparel Market

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Published on : Mar 31, 2017

Albany, New York, March 31, 2017: ResearchMoz.us offers a never-seen-before look at the global decorated apparel market through the new research report it has added to its repository. The publication, titled “Global Decorated Apparel Market - By Printing Technique, By Product Type, By Region, By Country: Trends, Opportunities and Forecasts (2016-2021) - By Technique (Embroidery, Screen Printing, Dye Sublimation, Digital Printing, Heat Transfer, Direct to Garment, Others), By Product Type (Womenswear, Menswear, Others), By Region (North America, Europe, Asia Pacific, ROW), By Country (US, Canada, U.K., Germany, China, India, Japan, Australia, Brazil),” offers a comprehensive outlook of the global market.

According to the research report, the global decorated apparel market is projected to expand at a CAGR of 10.92% between 2016 and 2021. The persistent growth of the global market will be driven by the exponentially increasing population across the globe that requires basic clothing. The rising disposable incomes, increasing expenditure on luxury items, and growing demand for customized apparel have been the critical factors supporting the steady rise of the global decorated apparel market in recent years.

Click to get more details with TOC in a PDF Format: https://www.researchmoz.us/enquiry.php?type=S&repid=1026594

The various techniques used for decorating apparel are dye sublimation, digital printing, embroidery, and screen printing. Analysts expect that the embroidered apparels are expected to hold a dominant share in the global market in the coming years. Asia Pacific, especially, is expected to lead the global market due to booming population base in the emerging economies of India and China. Furthermore, the cheap cost of labor, skilled labor for developing decorated apparel, and booming textile industry in these developing economies is also expected to propel Asia Pacific’s growth in the global decorated apparel market.

The other key regions in the global market are North America, the Middle East and Africa, and Europe. Of these, North America is also expected to show a phenomenal rise in the overall market. The emergence of printing technologies and their plummeting prices are also projected to make a soaring contribution toward growth of the global decorated apparel market during the forecast period. Emergence of new printing technologies, 3D technology, and high equity in the Asia Pacific region have been observed as key trends in the global market.

The key players in the global decorated apparel market are Delta Apparel Inc., Gildan Activewear Inc., Hanesbrands Inc., Russel Brands, Fruit of the Loom, Downtown Custom Printwear, Master Printwear, Advance Printwear, Lynka Printwear, and New England Printwear. The research report dedicates a special chapter to the competitive landscape of the global market. It includes an assessment of the global leaders and an evaluation of their mergers and acquisition strategies for the coming few years. Furthermore, the research report also mentions the research and development statuses of these players along with a valuable insight into their financial outlooks.

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