Apparel Manufacturing
establishments are engaged in the manufacturing of hosiery, socks, knitting of
fabric, cutting and sewing of apparel and accessories and their sale.
The market is
valued at more than $795 billion in 2017 due to the high demand from the
developing countries.
In the report,
the global apparel manufacturing market is divided into three segments. More
than half of the market is occupied by the women’s wear whereas, around
two-fifth is occupied by the men’s wear and the remaining market share is
occupied by the kids wear.
China was the
largest country in the apparel manufacturing market in 2017, accounting for
nearly one-fifth of the market share. This can be attributed to a high demand
for men and women wear fueled by a large middle-class population. The USA and
the UK followed China as the next largest countries in the market.
The apparel
manufacturing market is fragmented with a number of large and small
organizations. The top five competitors in the market made up 9% of the total
market share in 2017. Christian Dior SE was the largest competitor of the
market, followed by H&M AB, VF Corp, NIKE Inc. and Adidas AG. Christian
Dior SE is a holding company engaged in the production, distribution, and
retail of fashion accessories and beauty products. The company operates retail
stores under the names Le Bon Marché, DFS Galleria, Sephora, Ile de Beauté and
Ole Henriksen.
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