Syndicated Research Studies

Apparel Supply Chain Market Growth & Trends The global apparel supply chain market size is estimated to reach USD 1,119.69 billion by 2028, registering a CAGR of 3.8% during the forecast period from 2022 to 2028, according to a new report by Grand View Research, Inc. The growing attractiveness of apparel supply chains in developing countries with a mounting level of outsourcing is one of the key factors that drive the growth of the apparel supply chain market. Abuse against rights of human and labor is present in the apparel supply chain and also lacks transparency regarding the company's business practices. Thus, the impact of these practices on communities and workers of the particular company is a major factor restraining the market growth. Gather more insights about the market drivers, restrains and growth of the Apparel Supply Chain Market Moreover, the demand forecast and inventory management in the apparel industry is difficult as well as challenging, whi...

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 i...