The apparel and leather products market comprises establishments involved in the manufacture and sale of apparel, leather and related products.
The top five companies covered are NIKE Inc., Christian Dior SE, H&M AB, Adidas AG and VF Corp. Nike was the largest company in the global apparel and leather products market in 2017.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
Apparel and Leather Products Market Size
The global apparel and leather products market was valued at around $1 trillion in 2017. Asia Pacific was the largest region in the apparel and leather products market in 2017, accounting for 40% market share. The USA was the largest country in the market in 2017, accounting for 20% market share.
Apparel and Leather Products Market Trend
Technological advances in material sciences and nano technology is stimulating the demand for smart fabrics. Smart fabrics have digital components such as sensors embedded in the fabric. They have the ability to interact with the individual and their environment, by tracking and communicating data about the individual and environment to other devices through sensors and conductive yarns. They are widely used in fashion, entertainment, medical, transportation, sports and fitness and military. For instance, Ralph Lauren in 2014 launched technology enabled tennis shirts that monitored hear rate, breathing and stress levels among players.
Apparel and Leather Products Market Segmentation
The apparel and leather products in this report is segmented into apparel manufacturing, and leather and allied products.
Apparels Manufacturing includes establishments engaged in manufacturing ready to wear apparel and custom apparel. These establishments may knit their own fabric or source it from third party vendors.
Leather and Allied Product Manufacturing establishments are engaged in tanning or curing of hide into leather and using it in the manufacture of footwear, handbags, purse and other leather products. It also includes the manufacture of similar products with substitute materials such as plastics, rubber or textiles.