T-Shirt Market 2025: In-Depth Analysis For Business Plan, Size and Forecast
Jul 17, 2019
In 2016, the global t-shirt market stood at US$ 185.1 billion. Over the forecast period 2017–2025, the market continues to grow at a CAGR of 6.0 percent.
SANJOSE, United States - July 17, 2019 /MarketersMedia/ —
According to a new market report issued by Credence Research Inc "T-Shirt Market- Growth, Share, Possibilities, Competitive Analysis and Forecast 2016-2025," the global t-shirt market was valued at US$ 185.1 billion in 2016. The market continues to grow at a CAGR of 6.0 percent over the forecast period 2017–2025.
The t-shirt market is likely to register strong growth with rising disposable income and rapidly shifting trend towards custom t-shirts. Also, technological advancements have led to the introduction of advanced inkjet heads that are compatible with a wide range of inks from different suppliers. Also, there has also been significant development of fine embroideries with faster output rates. This development is good for the overall growth of the market. The industry has been aligning its R&D activities with the dynamic nature of fashion trends that demand shorter production cycles and high-quality prints. These are the major factors that drive the worldwide market demand for t-shirts.
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The cotton segment, in terms of material, led the global t-shirt market in the 2016 base year. In the same year, the segment accounted for more than half of the worldwide T-shirt market revenue. Cotton is the most common and preferred t-shirt fabric as it is ideal for everyday wear. A variety of cotton with various properties is used for making apparel. Other materials such as linen, lycra, polyester, rayon, and blends of two or three materials are also used in the manufacturing process of t-shirts. Each material has a unique quality and can be used as per the activity and different climatic conditions. T-shirts made from lycra and polyester are generally used for athletic apparel, while cotton and linen t-shirts are preferred for daily casual wear. Also, different blends such as cotton and linen, cotton and polyester and blends of rayon are often used to exploit the merits of different material leaving their shortcomings. The blends are preferred for t-shirt manufacturing and are therefore expected to show substantial growth during the forecast period.
The t-shirt market is classified into dyes ink, sublimation ink, pigment ink, and others (plastisol, water-based etc.) based on the ink type used for t-shirt printing. In the base year 2016, the other segment dominated the global printed T-shirt market. The trend will prolong and the segment is expected to witness steady growth due to the ever-increasing demand for custom T-shirts printing. In addition, the emergence of advanced alternative techniques such as sublimation printing along with their cost-effectiveness is proving to be a major driving factor for custom t-shirt printing and the dyes and inks involved in t-shirt printing.
As of 2016, non-customized was the most popular type segment on the global t-shirt market. The segment accounted for more than 90 percent of the same year's global revenue. The fashion trends and people's changing attitude towards new types of apparel have significantly increased demand for a wide range of t-shirts such as customized t-shirts and general t-shirts. Being a leisure and casual apparel, the popularity of a variety of t-shirts has increased significantly over the past few decades. The involvement of brand promotion and self-expression t-shirts has helped the customized t-shirt industry to flourish. Additionally, the latest printing technology and advanced machines capable of creating flawless embroidery are also helping the overall t-shirt industry to flourish and the trend is expected to continue throughout the forecast period.
The overall t-shirt market includes a large number of international as well as local players around the world, making the global market highly fragmented in nature. In addition, the overall market has emerged highly competitive in nature over time due to the presence of a high number of vendors on the market. Because of varying consumer trends across regions, companies are emphasizing the implementation of region-specific strategies to attract and expand a larger consumer base.
The global T-shirt market is segmented the following categories:
By Material:
Cotton
Polyester
Linen
Rayon
Lycra
Blends
By Type:
Customized
Printed
Embroidery
Non-customized
Printed
Plain
By Ink Type:
Dyes Ink
Sublimation
Pigments
Qualitative information covered in the research study t-shirt market:
1. Key trends in the global, regional and country-specific t-shirt industry
2. Market driving and restraining factors for t-shirt business
3. Key investment opportunities in the t-shirt business
4. In-depth value chain analysis of the t-shirt industry
5. Attractive investment analysis for the industry players
6. Market positioning and market competition analysis for the global manufacturing industry
7. Regional as well as country-level analysis for t-shirt market
8. In-depth analysis of t-shirts manufactured with different material, printing inks used for
9. Comparative analysis of different product categories and regional markets
10. Company profiles of leading players in the global t-shirt manufacturing industry including the following information:
a. Contact Details
b. Financial Information
c. Business Strategies
d. Recent Development
e. Product Portfolio
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ToC:
Chapter 1 Preface
...........
Chapter 2 Executive Summary
...........
Chapter 3 Market Dynamics
3.1 Global T-shirt Market Overview
3.2 Key Trends Analysis and Future Outlook
3.3 Market Dynamics
3.3.1 Market Drivers
3.3.1.1 Evolving Fashion Trend and Rise in Discretionary Income
3.3.1.2 Advancements in Printing Technologies and Embroidery Techniques
3.3.1.1 Increasing use as a Promotional Tool
3.3.2 Market Restraints and Challenges
3.3.2.1 Highly Fragmented Market
3.4 See-Saw Analysis
3.4.1 Impact Analysis of Drivers and Restraints
3.5 Value Chain Analysis
3.5.1 Value Chain Analysis: Global T-shirt Market
3.6 Attractive Investment Proposition, By Geography, 2016
3.7 Competitive Landscape
3.7.1 Market Positioning of Key Vendors
Chapter 4 Global T-shirts Market, By Material Type
4.1 Overview
4.2 Cotton
4.3 Polyester
4.4 Linen
4.5 Rayon
4.6 Lycra
4.7 Blends
Chapter 5 Global T-shirt Market, By Ink Material
5.1 Overview
5.2 Dye Ink
5.3 Sublimation Ink
5.4 Pigment Ink
5.5 Others
Chapter 6 Global T-shirt Market, By Type
6.1 Overview
6.2 Customized T-shirts
6.2.1 Printed T-shirts
6.2.2 Embroidery T-shirts
6.3 Non-Customized T-shirts
6.3.1 Plain T-shirts
6.3.2 Printed T-shirts
Chapter 7 North America T-shirts Market Analysis
...............
Chapter 8 Europe T-shirts Market Analysis
............
Chapter 9 Asia Pacific T-shirts Market Analysis
............
Chapter 10 Rest of the World (RoW) T-shirts Market Analysis
...........
Chapter 11 Company Profiles
............
..................toc continued
Browse For Full Report At https://www.credenceresearch.com/report/t-shirt-market
Related Report by Credence Research:
Custom T-Shirt Printing Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2017 - 2025
About Us
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared for this task.
Custom T-shirt Printing Market is Expected To Cross US$ 10 Billion by 2025: Credence Research
T-Shirt Market: Major Factors That Drive The Worldwide Market Demand
Contact Info:
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Organization: Credence Research
Address: 105 N 1st ST #429, SAN JOSE,, CA 95103, United States
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Website: https://www.credenceresearch.com
Source: MarketersMedia
Release ID: 88897463
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