Custom Apparel Market to grow by USD 2.17 Billion (2024-2028), driven by internet and smartphone adoption, Report on how AI is driving market transformation - Technavio

NEW YORK, Dec. 15, 2024 /PRNewswire/ -- Report with the AI impact on market trends - The global custom apparel market size is estimated to grow by USD 2.17 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  8.04%  during the forecast period. Rise in internet penetration and smartphone adoption is driving market growth, with a trend towards rise of diy culture and maker movement. However, availability of counterfeit products  poses a challenge. Key market players include 4imprint Group plc, Adidas AG, Allied Shirts, Amazon.com Inc., CafePress Inc., Carhartt Inc., Cimpress Plc, CustomInk LLC, Designhill Inc., DOWNTOWN CUSTOM PRINTWEAR, Jakprints, Lynka Sp. Z.o.o., Nike Inc., Printful Inc., Redbubble Ltd., Society6 LLC, Spreadshirt Inc., TeeTalkies, THREADBIRD, UberPrints Inc., Vantage Custom Classics Inc., and Zazzle Inc..

Technavio has announced its latest market research report titled Global custom apparel market 2024-2028
Technavio has announced its latest market research report titled Global custom apparel market 2024-2028

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF

Custom Apparel Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 - 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 8.04%

Market growth 2024-2028

USD 2167.4 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

7.28

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 44%

Key countries

US, China, UK, Germany, and India

Key companies profiled

4imprint Group plc, Adidas AG, Allied Shirts, Amazon.com Inc., CafePress Inc., Carhartt Inc., Cimpress Plc, CustomInk LLC, Designhill Inc., DOWNTOWN CUSTOM PRINTWEAR, Jakprints, Lynka Sp. Z.o.o., Nike Inc., Printful Inc., Redbubble Ltd., Society6 LLC, Spreadshirt Inc., TeeTalkies, THREADBIRD, UberPrints Inc., Vantage Custom Classics Inc., and Zazzle Inc.

Market Driver

The custom apparel market experiences growth due to fundamental requirements like clothing and shifting lifestyles. Active lifestyles fuel the expansion of sportswear and activewear segments in women's apparel. Fashion consciousness and emerging trends boost the popularity of fast-fashion clothing. Brands like H&M and Gap, known for their jerseys and emblems, employ advertising strategies using hoardings, television, and digital platforms. Sensitive topics, marketing strategies, hospitality, logistics, construction, medical, and denim sectors also contribute to the market's expansion. Customized apparel, including embroidery, screen printing, sublimation, heat transfer, reflective finishes, graphic t-shirts, and personalized designs, cater to various industries and consumer preferences. Digital printing technology, using cotton, silks, polyester, and inkjet technology, further enhances the market's versatility.