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GFB Assign 2

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NATIONAL INSTITUTE of FASHION

TECHNOLOGY

Global Fashion Business

End Term Assignment

Fashion Management Studies

- Presented By-
- Guided By- Alice Khujur
Prof. A. Rajyalakshami Smriti
Vanisha Sher
1. Introduction
2. Apparel Categories
3. Global Market Share

Contents 4. India's Competitive &


Comparative export
analysis
INTRODUCTIOM
Apparel is a synonym to clothing. It covers all the clothing items
produced for men, women and children.

All the companies engaged in manufacture of clothing items fall under


apparel industry. These companies may be export houses, domestic
manufacturing units or brand manufacturer.

An export house is a manufacturing unit engaged in production of


apparel as per the requirements of international buyer.

They mass produce and send the produced apparel to Brand


manufacturers produce for the specific brand only such as Wills Life
Style, Vero Moda, W, AND, Anokhi etc.
Introduction
The apparel produced is season based- SS or AW. Based on the season, the
fabrics are selected to be used in the manufacture of garments. These fabrics
may be woven or knitted. Some of the prominent apparel items include:

Menswear- Jeans, trousers, track suits, shirts, jackets, socks, mufflers, gloves,
mittens, ties, anoraks, cloaks, coats, windcheaters, blazers

Womenswear- Tops, skirts, shirts, slips, petticoats, bathrobes, dressing gowns,


undergarments, pyjamas, overcoats, tracksuits, swimwear, shawls, scarves,
mufflers, knitted apparel, crochet, aprons.

Children wear- frocks, jumpsuits, sunsuits, undergarments, sweaters,


pyjamas, booties, one-piece sleepers, T- shirts, shorts, shirts, skirts.
Apparel Categories
The global women's apparel market size reached US$
965.3 billion, the menswear market size reached US$
560.2 billion in 2022 and the kidswear market size was
valued at US$ 259.03 billion. in 2021.
INFANT TODDLERS
Comfortable fabrics like Range of 1- 3 years.
flannel, fleece, and cotton.
Merchandise for toddlers
This includes onesies, includes- pants, T-shirts, tops,
bodysuits, rompers, all-in- frocks, sweatshirts, sweaters,
and dungarees.
ones, snappies, jumpsuits,
footies, bodysuits, singlets,
creepers, babygro, snapsuits,
blanket sleepers, baby gowns,
and coveralls.
Baby clothes brands may add
ruffles to baby girls' clothes
and alter graphics and
necklines for baby boys.
YOUNG CHILDREN PRE-TEENS & TEENS

This covers children in the age This covers the age group between
group of 3- 7 years. 7 to 15 years.

Merchandise for young At this stage of the life cycle, both


children includes shirts, boys and girls are active and
require clothing that is comfortable
shorts, frocks, skirts, jackets, and supports their active lifestyle.
pants, T-shirts.
The latest trends in kids' wear
include ripped jeans, track pants,
layered shirts for boys and
leggings, Scottish skirts, and shirt
dresses for girls.
MEN'S WEAR

Merchandise includes Shorts Swimsuit Glasses


Sweater Cardigan Blazer Boots
Shirt Jacket T-shirt Wallet
Jeans Sport shoes Belt Handbag
Gloves Underpants Watch
Bow tie
Waistcoat
Cap Sleeveless shirt
Socks
Suit Vest Tie
Hawaiian shirt Long-sleeve top Pullover
Singlet Polo shirt Umbrella
Business shoes Jumper Scarf
Flip flops Sunglasses
Trench coat
Bathrobe
WOMEN'S WEAR
Merchandise includes
Wedding dress Uniform Mittens
Sweater Coat Sunglasses
Dress pants Handbag
T-shirt
Swimsuit Bracelet
Sheath dress
Purse
Dress Long-sleeve top
Watch
Gym clothes Skirt
Umbrella
Bra Thong Scarf
Tank top Hat Slip
Shorts Necklace High-heeled shoes
Hoodie Ring Flip-flops
Jeans Earrings Boots
Long coat Perfume Stockings
Jacket
STREET WEAR

Punks-
Hippies-
denim, ripped clothing,
T-shirts, safety pins,
long hairs, provocative T-shirt slogans
psychedelic imagery, Skinheads-
flared trousers short-cropped hair,
fitted jeans,
Hip- Hop-
button-up shirts,
black printed T-shirts,
baggy denim, polo shirts,
sports shoes calf boots.

Goths- dark/ black makeup, Teddy boys-


spiked hair, drape jackets,
black clothing, drainpipe pants,
robes,
crepe shoes
big boots
CASUALWEAR

Polo shirts, Ripped Jeans


turtle necks, Frayed Jeans
summer dresses. Hip hugging jeans
Khakis, button-down shirt
capris, short sleeve shirt
hoodies, a crop top
sneakers a hoodie
denim jacket
leggings
sling bag
Long flare skirt
FORMAL WEAR ETHNIC WEAR
Coat,
Dhoti kurta Kimono
trouser
kurta pyjama, AO DAI
waistcoat
pathani suit, Han Clothing
tailored coats
Nehru jackets, Tang Suit
shirt
saris Cheongsam
tie
churidaar suits Kokoshnik ,
bow
lungis, Russia
skirt
shawlsas Berritta, Italy
dhoti kurta
lahenga-choli, Mantilla from
kurta pyjama,
anarkali suit, Spain
pathani suit,
Patiala suits, Austrian Drindl
Nehru jackets,
sharara suits,
saris
churidaar suits
INTIMATE WEAR
SPORTS WEAR
Bras, Bloomers, Sports bras, shoes,
camisoles, chemise, tracksuits, leggings
nightdresses, corsets, T-shirt, sneakers,
underclothes, hosiery, polo shirts, sunglasses
nighties, panties, swimsuits, handbags.
night robes, thongs, ski suits,
gowns, bustier, leotards,
baby dolls, nightshirts jockstraps,
hipsters, shirts,
basque,
Global Market Share
Women's apparel market
Revenue in the Women's Apparel segment amounts to US$901.10bn in 2023. The
market is expected to grow annually by 2.89% (CAGR 2023-2027).

In global comparison, most revenue is generated in the United States


(US$179.70bn in 2023).

In relation to total population figures, per person revenues of US$117.30 are


generated in 2023.

In the Women's Apparel segment, volume is expected to amount to 79.62bn pieces


by 2027. The Women's Apparel segment is expected to show a volume growth of
1.5% in 2024.

The average volume per person in the Women's Apparel segment is expected to
amount to 9.82pieces in 2023.
2015 - 2025 ( US Billion Dollars)
Men's apparel market

Revenue in the Men's Apparel segment amounts to US$568.90bn in 2023. The


market is expected to grow annually by 2.95% (CAGR 2023-2027).

In global comparison, most revenue is generated in the United States


(US$110.90bn in 2023).

In relation to total population figures, per person revenues of US$74.06 are


generated in 2023.

In the Men's Apparel segment, volume is expected to amount to 43.64bn pieces


by 2027. The Men's Apparel segment is expected to show a volume growth of
1.9% in 2024.

The average volume per person in the Men's Apparel segment is expected to
amount to 5.29pieces in 2023.
2015 - 2025 ( US Billion Dollars)
Kid's apparel market

Revenue in the Children's Apparel segment amounts to US$267.50bn in 2023. The


market is expected to grow annually by 2.46% (CAGR 2023-2027).
In global comparison, most revenue is generated in the United States (US$53.14bn
in 2023).
In relation to total population figures, per person revenues of US$34.82 are
generated in 2023.
In the Children's Apparel segment, volume is expected to amount to 70.67bn
pieces by 2027. The Children's Apparel segment is expected to show a volume
growth of 1.1% in 2024.
The average volume per person in the Children's Apparel segment is expected to
amount to 8.85pieces in 2023.
2015 - 2025 ( US Billion Dollars)
India's Competitive and Comparative
Export Analysis
Product Category and Sub-Category Wise Global Trends:

The global fashion industry is constantly evolving, and trends vary by product
category and sub-category. Here are some of the current global trends:

Clothing: The athleisure trend has continued to grow, with comfortable and
functional clothing being a priority for many consumers. Sustainable and eco-
friendly fashion is also gaining traction, as consumers become more conscious of
the environmental impact of their clothing choices.

The clothing market is expected to grow at a steady rate, with a CAGR of


around 5.5% from 2021 to 2026.
Footwear: Sneakers and other comfortable, functional shoes are a popular trend,
especially among younger consumers. Sustainability is also a key trend, with
more consumers looking for eco-friendly footwear options.

The footwear market is expected to grow at a faster rate than the clothing
market, with a CAGR of around 6.5% from 2021 to 2026.

Accessories: Personalized and customizable accessories, such as jewelry and


bags, are growing in popularity. In addition, sustainable and ethical accessories,
such as those made from recycled materials, are becoming more popular.

The accessories market is expected to grow at a similar rate to the clothing


market, with a CAGR of around 5.5% from 2021 to 2026.
Beauty: Natural and organic beauty products are gaining popularity, as consumers
become more conscious of the ingredients in their cosmetics. Multi-functional
products, such as those that combine skincare and makeup, are also growing in
popularity.

The beauty market is expected to grow at the fastest rate of all the product
categories, with a CAGR of around 7.5% from 2021 to 2026.
In conclusion, India has a competitive and comparative advantage in
several fashion categories for exports, including textiles, apparel,
leather goods, jewellery, and home textiles. These advantages are driven
by the country's skilled labour, abundant raw materials, established
supply chains, and long history of textile production
Thank
you

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