Garment Market – Global Industry Insights, Trends, Outlook

Garment Market 2019-2024

Garment are any article of clothing, it is made from all types of fiber and textile, worn on the body,

The population of Indonesia ranks fourth in the world, which is the most populated country and the largest economy of ASEAN.

There are over 3,000 garment manufactories above designated size in Indonesia, mainly manufacturing shirts, cotton T-shirts, corsets, underwear, coats, sports shirts and trousers. Most products of brands such as Marks & Spencer, Mango and Zara are manufactured there.
The textile and garment enterprises mainly distributed in countries such as Bandung, West Java and areas near Jakarta with investors from Taiwan and Hong Kong. Bandung is the most developed city of the garment industry in Indonesia. According to incomplete estimation, the annual output value of garments in Bandung accounted for over 40% in the country. In recent years, the cost of manpower increased, which led to the transfer of part of large-scale garment manufactories in West Java towards areas such as Yogyakarta and Central Java.

According to this study, over the next five years the Garment market will register an xx% CAGR in terms of revenue, the global market size will reach US$ 23 million by 2024, from US$ 23 million in 2019. In particular, this report presents the global market share sales and revenue of key companies in the Garment business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Garment market by product type, application, key manufacturers and key regions and countries.

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This study considers the Garment value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

upper body
lower body

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

Blouses and shirt-blouses
Jackets and blazers
Jerseys and pullovers
Overcoats, parkas, anoraks, windcheaters, wind jackets and similar articles
Skirts and divided skirts
Sarongs
Bib and Brace Overalls

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competitive landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in Chapter 3.

Sritex
Argo Manunggal Group
PT Dan Liris
Pt. Multi Garmenjaya
Busana Apparel

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

To study and analyze the global Garment consumption value & volume by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Garment market by identifying its various subsegments.
Focuses on the key global Garment manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Garment with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks.
To project the consumption of Garment submarkets, with respect to key regions along with their respective key countries.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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