Report
MarketLine Department
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Apparel & Non-Apparel Manufacturing in Asia-Pacific

Summary

Apparel & Non-Apparel Manufacturing in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- The apparel & non-apparel manufacturing market is segmented into apparel and non-apparel products. The market value refers to the revenue generated by apparel and non-apparel manufacturers in a specific year.
- The Asia-Pacific apparel & non-apparel manufacturing market recorded revenues of $402,860 million in 2023, representing a negative compound annual growth rate (CAGR) of 0.3% between 2018 and 2023.
- The apparel segment accounted for the market's largest proportion in 2023, with total revenues of $353,417.4 million, equivalent to 87.7% of the market's overall value.
- Asia-Pacific is a hub for apparel manufacturing, with countries like China, India, and Vietnam playing crucial roles due to their cost-effective production capabilities. Rising disposable incomes and urbanization across the region enhance demand for diverse apparel styles. The rising emphasis on sustainability and green fashion, driven by eco-conscious consumers, pushes manufacturers to adopt environmentally friendly practices and materials, boosting demand for sustainable products. For instance, according to GlobalData, the Asia-Pacific green fashion market value stood at $6.2 billion in 2023, an increase of 6.7% from the previous year.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the apparel & non-apparel manufacturing market in Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the apparel & non-apparel manufacturing market in Asia-Pacific
- Leading company profiles reveal details of key apparel & non-apparel manufacturing market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Asia-Pacific apparel & non-apparel manufacturing market with five year forecasts by both value and volume

Reasons To Buy

- What was the size of the Asia-Pacific apparel & non-apparel manufacturing market by value in 2023?
- What will be the size of the Asia-Pacific apparel & non-apparel manufacturing market in 2028?
- What factors are affecting the strength of competition in the Asia-Pacific apparel & non-apparel manufacturing market?
- How has the market performed over the last five years?
- Who are the top competitors in Asia-Pacific's apparel & non-apparel manufacturing market?
Provider
MarketLine
MarketLine

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