SAN FRANCISCO, Dec. 10, 2020 /PRNewswire/ -- The global dye sublimated apparel market size is anticipated to reach USD 8.4 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 9.5% from 2020 to 2027. Increasing popularity of customized designer apparel with digital printing and photo works on clothes is one of the major factors driving the growth of the market. The entertainment industry is also contributing to the market growth. Dye sublimated apparel with a specific printed quotation and studded design are also gaining popularity.
Key suggestions from the report:
- The T-shirts product segment accounted for the largest revenue share of the global market in 2019
- Small format heat press was the leading printing technique segment in 2019. The segment is estimated to expand further at a steady CAGR from 2020 to 2027
- In terms of distribution channel, the offline segment accounted for the highest market share of more than 68% in 2019
- Asia Pacific held the largest revenue share in 2019 and is expected to lead the market over the forecast years
Read 97 page research report with ToC on "Dye Sublimated Apparel Market Size, Share & Trends Analysis Report By Product (T-shirts, Leggings), By Printing Technique (3D Vacuum, Small Format Heat Press), By Distribution Channel, And Segment Forecasts, 2020 - 2027" at: https://www.grandviewresearch.com/industry-analysis/dye-sublimated-apparel-market
Over the past few years, the e-commerce sector has grown by leaps and bounds owing to increasing Internet penetration in various economies, mainly in Asia Pacific countries. The emergence of non-banking players in the payment industry has further facilitated this growth. Retailers worldwide are venturing into online retail as numerous consumers in both emerging and developed countries prefer virtual marketplaces to purchase products.
Asia Pacific emerged as the largest regional market in 2019. China is one of the key markets in the region and is the largest producer and exporter of textiles and apparel in the world. Increasing awareness about the latest fashion trends and the growing popularity of these apparel continue to support product sales in the region. The market is largely fragmented, with both domestic and international players sharing the space. Merger & acquisition and new product development are the key strategies deployed by market players to gain a higher market share.
Grand View Research has segmented the global dye sublimated apparel market on the basis of product, printing technique, distribution channel, and region:
- Dye Sublimated Apparel Product Outlook (Revenue, USD Million, 2016 - 2027)
- T-shirt
- Leggings
- Hoodies
- Golf Shirts
- Others
- Dye Sublimated Apparel Printing Technique Outlook (Revenue, USD Million, 2016 - 2027)
- Small Format Heat Press
- Calendar Heat Press
- Flatbed Heat Press
- 3D Vacuum Heat Press
- Dye Sublimated Apparel Distribution Channel Outlook (Revenue, USD Million, 2016 - 2027)
- Offline
- Online
- Dye Sublimated Apparel Regional Outlook (Revenue, USD Million, 2016 - 2027)
- North America
- The U.S.
- Europe
- Germany
- The U.K.
- Asia Pacific
- China
- India
- Central & South America
- Brazil
- Middle East & Africa
- South Africa
List of Key Players of Dye Sublimated Apparel Market
- Gildan
- Under Armour Inc.
- HanesBrands Inc.
- Royal Apparel
- Bella+Canvas
- dasFlow Custom Athletic Apparel
- Oasis Sublimation
- Wooter Apparel
- Renfro Corporation
- Augusta Sportswear Brands
Find more research reports on Clothing, Footwear & Accessories Industry, by Grand View Research:
- Lingerie Market – Increasing awareness about the best fit, growing millennial population, and rise in spending power among women are expected to drive the market over the forecast period. Increasing availability of a broad range of products in multiple designs for various purposes such as sports, bridal wear, and regular wear has also been driving the global market.
- Swimwear Market – Swimwear is widely used by people involved in water-based activities, such as swimming and bathing. It protects the wearer from chlorinated water in swimming pools and sea water, which contains salts that can cause skin rashes.
- Sunglasses Market – Increasing awareness regarding the harmful effects of UV rays on the eyes, coupled with the growing acceptance of eyewear, including sunglasses, as a part of modern lifestyle accessory, is expected to drive the demand for sunglasses over the forecast period.
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About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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