The global blank apparel market is expected to reach $21.91 billion by 2032 representing a CAGR of 4.6 percent between then and now, according to a new study by Polaris Market Research.
The report “Blank Apparel Market Share, Size, Trends, Industry Analysis Report, includes T-shirts, tank tops, hoodies, sweatshirts, bottoms and shirts as part of its study area.
“The expanding middle-class population globally and higher per capita sales in developed economies are leading to increased clothing production, including basic garments,” Polaris Market Research says. “Additionally, a move towards ethical consumption, shifts in fashion preferences due to the global pandemic and technological advancements in the fashion industry are driving the demand for basic clothing.”
Blank Apparel Market Benefiting from Fashion Trends
According to the report, the “minimalist fashion movement,” focusing on simplicity and sleek designs, has embraced blank apparel as a versatile medium for self-expression. Similarly, environmentally conscious consumers value its potential for crafting durable wardrobe essentials.
“The significance of blank apparel in fashion and streetwear culture cannot be overstated,” Polaris Market Research says. “Looking ahead, it is evident that blank apparel will continue to have a substantial impact on shaping the future of fashion and streetwear culture. Embracing its timeless appeal and supporting sustainable approaches, both consumers and businesses can contribute to a more conscientious and inventive fashion industry.
According to the report:
- T-shirts held the largest share, owing to cross border online shopping and changing global fashion trends
- The B2C segment will grow rapidly, as they have diverse collection of blank apparels in different styles, size, and colors
- The Asia Pacific region dominated the market, as emerging economies in the region are major producers of blank apparels, and well-developed manufacturing infrastructure
The report goes on to say major global players include BELLA+CANVAS, Spectra USA, Gildan, Soffe Apparel, AS Colour, Stanley/Stella, and Next Level Apparel. For more on the report, click here.
