Global Clothing Market Is Growing at 21% – (Updated Case Study)
The global clothing market is booming. It’s growing at 21% annually, and the future of this industry looks promising. This blog post will explore some of the reasons for this growth as well as what it means for you, a potential buyer or seller of clothes.
- The first reason for this growth is the rise in population around the world. With more people on Earth than ever before, there are also more consumers who need new clothes to wear everyday – so manufacturers have had to increase production size to be able to keep up with demand.
- Second, globalization has also played a role in expanding markets because it makes goods easier and cheaper to produce which increases competition among producers – thus driving down prices across industries both locally and globally.
About smart clothing & buying pattern
The future of fashion is all about smart clothing. The popularity of wearable technology has been on the rise and people want to be able to monitor their health, fitness, location and more with a single device. A new report by Transparency Market Research predicts that the global market for smart clothing will grow from $1.7 billion in 2016 to around $8 billion by 2025.
This growth is predicted due to major investments from companies such as Nike and Apple which are focusing on investing heavily into this field.
In addition, there is a growing trend towards increased personalization in apparel which can only be fulfilled through smart textiles or garments with embedded computers/sensors that provide information back at the wearer’s fingertips – it’s not just about making clothes but ecommerce buying patterns.
Women upper wear demand is high as per the research
The demand for upper wear is increasing. The fashion industry has seen a rise in the number of people who are looking to purchase items such as blouses, shirts and sweaters.
This trend has been linked with increased use of social media platforms where users can post pictures of themselves wearing these garments and promote them to their followers. In addition, many celebrities have been sporting this type of clothing that makes it popular among those who want to dress like their favorite celebrity or influencer.
Time to take action with market reports
It’s the fall season and it’s time to start thinking about layering clothes for a new season. One of the most important things to look for in a shirt, jacket, or vest is how well it can be layered with other clothing items.
Smart shirts have been around for decades but they are making a resurgence as fashionistas want more from their wardrobe than just t-shirts and jeans. If you’re looking for something that will work year round, smart shirts are perfect.
Because they can be worn on top of sweaters without adding bulk and still keep your body temperature regulated which is key during winter months when we need our core temperature to stay steady at all times.
Sports and fitness growth is another niches to work on
One of the top priorities for sports and fitness is staying comfortable. Whether you’re a runner, cyclist, or just out having fun on the tennis court, one of your most important considerations should be what to wear.
The clothing market for sports and fitness has grown exponentially in recent years as more people are adopting active lifestyles. This article will give you some insight into the different types of clothing that exist today so that you can find something perfect for your next adventure!
What are the major textile manufacturing countries & players?
The textile industry is traditionally one of the most important industries in any country. Textiles are used for clothing, home furnishings, bedding and many other products. These days it’s hard to know where your clothes come from or what materials were used to make them.
Major textile manufacturing countries around the world so you can be informed about who makes your clothes. From cotton farming to weaving fabric these are some of the steps that go into making a garment before it reaches you!
|Uttar pradesh||West bengal|