Apparel Supply Chain Market Study by Key Manufacturers 2028

Apparel Supply Chain Industry Overview

The global apparel supply chain market size was valued at USD 863.75 billion in 2021 and is expected to expand at a CAGR of 3.8% from 2022 to 2028. The rising demand for apparel from the fashion sector and the expansion of online retail channels is expected to drive the global apparel supply chain market during the forecast period.

The apparel supply chain offers companies with control over the aspects of whole process that are included in the apparel supply chain enabling them to quickly pick up the trend in the industry and produce collections for the same. This is expected to create new business opportunities for key players and fuel the apparel supply chain market in the coming years.

COVID-19 outbreak had a negative impact on the apparel supply chain market. Lockdowns across the globe impacted the transport networks and imposed challenges for interconnected supply chains to outsource materials across the globe. Due to COVID-19, a decline in demand has been observed by the transport services along with imbalance in cargo. The shortages of raw materials have also been observed in the manufacturing of apparel hence presenting an overall negative impact on the global apparel supply chain market.

Gather more insights about the market drivers, restrains and growth of the Global Apparel Supply Chain Market

U.S. apparel supply chain market size, by process, 2019 - 2028 (USD Billion)

Integration of advanced technologies in the apparel supply chain to collect accurate data in right time, in order to ensure its validity, will create lucrative opportunities for the market. Moreover, integration or incorporation of initiatives for the sustainability in any apparel supply chain has become the utmost necessity to reduce or minimize the carbon emission in the environment and will become an important trend.

The global apparel supply chain encloses the labor and human rights abuse and deficient transparency in the whole supply chain process as well as apparel production, which is a key restraining factor to hamper the market growth during the forecast timeline. Moreover, the significant growth in the apparel industry in emerging economies such as India, China and others further projected to provide ample opportunity to the market growth.

The method of outlining every step included in the procedure of apparel manufacturing, to the step where it reaches the end-user, is known as the apparel supply chain. The process of apparel supply chain initiates with raw material to the final apparel delivery to the consumer. The activities that fall under the apparel supply chain are sourcing raw materials, converting the raw materials into yarns, conversion of raw materials into fabric, manufacturing apparel from fabric, and finally distributing them to end-users.

Supply chain management enables the organizations and enterprises to easily and effectively manage the data generated in the business and enhance the operations of supply chain, along with enabling them to work deliberately hence promoting the adoption of such software and services among them.

Additionally, several advancements are occurring in information technology as well, as they are highly and rapidly being adopted. Integration or incorporation of such advanced technology in supply chains by users supports the overall supply chain along with improving it and taking better decisions, which is propelling the global market forward.

Browse through Grand View Research's Next Generation Technologies Industry Research Reports.

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Market Share Insights

  • December 2021: Li & Fung Limited formed a strategic partnership and announced to acquire LF Logistics by Maersk in order to simplify and connect supply chains for the customers.

Key Companies profiled:

Some prominent players in the global apparel supply chain market include

  • BSL Ltd.
  • INVISTA Equities, LLC (Koch Industries, Inc.)
  • Luthai Group
  • Paulo de Oliveira company
  • China Textiles (Shenzhen) Co., Ltd.
  • Paramount Textile Mills (P) Ltd.
  • Successori Reda SpA
  • Mayur Fabrics
  • Rhodia SA (Solvay Group)
  • Li & Fung Limited

Order a free sample PDF of the Apparel Supply Chain Market Intelligence Study, published by Grand View Research.

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