Apparel Logistics Market Scope
Logistics is known as combination and controlling of energy, information. Goods and commercial activities namely, transportation, inventory, warehouse and material handling with packaging and security. Rapid growth in apparel market drives the requirement of apparel logistic market. . Day to day changing trends in fashion industry remarkably impact on consumer to purchase latest design and trendy cloths mostly worn by big celebrities and influencers. Apparel logistic industry deals with initial procedures such as from purchase of raw material to accelerate the movement of sample, quality control of manufacturing of apparel, delivery of finished product to customer. Owing to increase in demand for updated and latest fashion which is catalysed by ease of online shopping, The Apparel logistics market is expected to grow at a significant rate during the forecast period.
|Unit||Value (USD Million)|
|Key Companies Profiled||Ceva Logistics (France), DB Schenker (Germany), Deutsche Post DHL Group (Germany), DSV (Denmark), Hellman Worldwide Logistics (Germany), Apparel Logistics Group (Texas), Logwin AG (Luxembourg), PVS Fulfilment Service (Europe), Bollore Logistics (France) and GAC Group (UAE)|
Apparel logistics is a fragmented market due to the presence of various players. The players are focusing on development of apps to integrate it with clouds and using advanced technology. These will enhance their productivity, leads to better market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. This sector is important for the country’s economic growth as it connect different parts of economy and various industries such as manufacturers, transportation, warehousing and supply-chain industry.
Ceva Logistics (France), DB Schenker (Germany), Deutsche Post DHL Group (Germany), DSV (Denmark), Hellman Worldwide Logistics (Germany), Apparel Logistics Group (Texas), Logwin AG (Luxembourg), PVS Fulfilment Service (Europe), Bollore Logistics (France) and GAC Group (UAE) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Nippon express (Japan), Genex logistics (India), Expeditors’ international of Washington (United States) and Agility logistics (Kuwait).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
The study have segmented the market of Global Apparel Logistics market by Type , by Application (Apparel Manufacture and Apparel Retailer) and Region with country level break-up.
On the basis of geography, the market of Apparel Logistics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). region held largest market share in the year 2022.
Market Leaders and their expansionary development strategiesIn December 2022, CMA CGM Group acquired Ingram micro commerce and life style services. CEVA logistics is part of CMA CGM Group. This strengthen the capabilities in contract logistics, e-commerce, Shipwire and CLS activities in North America, Mexico, Costa Rica, Europe, India, Australia and certain countries in Latin America.
In November 2022, Hellman worldwide logistics launched three new industry solution “Consumer goods”, “Technology” and “Industrial”. This expanded services and optimizing process for its customer. This developed individual logistic concepts. it help to expand and strengthen Hellman logistics.
Influencing Trend:Rising Online Apparel Sale with Consumers Demand, Rapid Growth of the Apparel Market Globally and Increasing Demand of E-Commerce Businesses
Market Growth Drivers:Increasing Demand of Apparel Logistics with Number of Facilities, Inventory and Transportation., Growing Demand of Apparel Logistics with Minimum Time and Cost with Better Quality and Better Quality With Minimum Time, Cost Given By Apparel Logistics Market
Challenges:Unpredictability about Sudden Need of Apparel Market., Shortage in Supply of Raw Material. and Demand Uncertainty, Lead Time and Perishability
Restraints:Rising Inflation and Energy Consumption Cost. and High System Operating Cost.
Opportunities:Expansion of Retail Sector
Key Target AudienceFashion and Apparel industry, Venture Capitalists and Private Equity Firms, New Entrants/Investors, Strategic Business Planners, Government Regulatory, Research Organizations and End-Use Industries