Dressing up: A growing population and rising income levels will spur demand for apparel

Over the past decade, the Global Apparel Manufacturing industry has benefited from an increasing number of consumers opting to buy more garments at lower prices. Revenue for this industry is expected rise over the five years to 2017. Rising disposable income levels across both developed and emerging economies are expected to be the main driving force behind the industry's renewed growth. Continually improving global economic conditions are anticipated to benefit the industry over the five years to 2022. Rising per capita disposable incomes, coupled with the steady upward trend in the global population, will give way to rising demand for apparel...purchase to read more.

Industry Statistics & Market Size
Revenue
$696bn
Annual Growth 12-17
4.5%
Forecast Growth 17-22
Profit
Employment
11.6m
Businesses
284,571
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Report - Industry Investment Chapter

In the Global Apparel Manufacturing industry, expenditure on wages accounts for a much larger proportion of revenue than for capital. IBISWorld expects that a typical manufacturer in the industry dedicates $0.16 to capital for every dollar spent on labor. There are many manual steps involved in the assembly process of apparel. For example, manufacturers of high-quality apparel often require products to be individually hand stitched and assembled. As a result, it is difficult to replace labor with automated processes in particular parts of production.However, the overall level of capital investment within the industry has increased over the past five years, as manufacturers of lower-value apparel have automated many processes to maximize efficiency. The...purchase to read more.

Additional Insights for the Global Apparel Manufacturing Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Global Apparel Manufacturing Industry are

  • Establishment of export markets
  • Economies of scope
  • Establishment of brand names
  • IBISWorld analysts also discuss how external factors such as GDP of the BRIC nations and Global per capita income in the Global Apparel Manufacturing industry impact industry performance..

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    What's in this report

    What is the Global Apparel Manufacturing Industry?

    Operators in the Global Apparel Manufacturing industry make men's, women's and children's apparel. The industry includes manufacturers that purchase fabrics and those that manufacture fabrics themselves and have fixed operational facilities. Manufacturing of leather and plastic apparel is not covered by this report.

    Industry Products
  • Women's clothing
  • Men's clothing
  • Children's and infants' clothing
  • Other apparel and clothing accessories
  • Industry Activities
  • Manufacturing coats and winter clothes
  • Manufacturing suits for men and women
  • Manufacturing leisure clothes
  • Manufacturing nightwear
  • Manufacturing children's and baby clothes
  • Manufacturing sportswear
  • Manufacturing work clothing and ethnic clothes
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • GDP of the BRIC nations
  • Global per capita income
  • US Gross domestic product (GDP)
  • World price of cotton
  • Global population

  • Current Performance
    Major manufacturing regionsIndustry profitabilityMarkets and products
  • Chart: Revenue Growth

  • Industry Outlook
    Shift in focusProfit opportunities
  • Table: Global Apparel Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Global Apparel Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Global Wholesale and Retail Trade
  • Global Wholesale Trade
  • Global Department Stores and General Merchandise Stores

  • Key Selling Industries
  • Global Agriculture, Hunting, Forestry and Fishing

  • Products & Services
  • Women's clothing
  • Men's clothing
  • Children's and infants' clothing
  • Other apparel and clothing accessories
  • Chart: Global Apparel Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Exports to the European Union
  • Exports to all other destinations
  • Exports to the United States
  • Domestic wholesalers
  • Domestic department stores
  • All other domestic retailers
  • Other
  • Chart: Major Market Segmentation for the Global Apparel Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages and depreciation
  • Rent, utilities, marketing and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Global Apparel Manufacturing

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Global Apparel Manufacturing Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Global Apparel Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Global Apparel Manufacturing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • GDP of the BRIC nations (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Offshore
  • The relocation of a company's business process, such as manufacturing or accounting, from one country to another, whether the work is outsourced or stays within the company.
  • Outsource
  • To procure goods or services under contract with an outside supplier. Outsource is always written as one word without a hyphen.
  • Premium Denim
  • Denim that is perceived to be of high quality and therefore carries a higher price tag than traditional denim.
  • Vertical Integration
  • Owning different parts of the supply chain, either in the form of forward integration (owning upstream suppliers) or backward integration (owning downstream buyers).
  • What Our Customers Say

    Why buy this report?

    The global economy presents its own set of opportunities and threats for businesses in a range of industries. IBISWorld’s Global Apparel Manufacturing global market research report offers insightful industry analysis and research into the market at an international level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Global Apparel Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Global Apparel Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Global Apparel Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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