Market Overview:
The global shirt market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for shirts from direct-sale stores, franchisee stores, and distributors across different regions. Moreover, rising disposable income and changing lifestyle preferences are also contributing to the growth of the global shirt market. On the basis of type, T-shirts are expected to account for a major share in terms of revenue in 2018 and is projected to grow at a CAGR of 5%. Polo shirts are also anticipated to witness significant growth during the forecast period owing to their growing popularity among men as casual wear apparel. On the basis of application, direct-sale store segment is estimated hold majority share in terms of revenue in 2018 and it is projected grow at a CAGR 6%.
Product Definition:
A shirt is a garment worn on the upper body. A shirt can be any color, and made of any fabric, but is typically white and made of cotton or linen.
T-Shirt:
T-shirts are the most common type of casual clothing in the world. They can be worn with any kind of pants and are generally considered as a comfortable, casual, and convenient garment for wearing on a daily basis. The growth factor which is responsible for the increasing demand for t-shirts globally includes population explosion in emerging countries like India & China coupled with an increase in per capita income among middle class consumers due to rapid industrialization & urbanization.
Polo Shirt:
Polo shirt is a casual style sportswear which is widely used in the Shirt market. It has a collar, usually with buttons or epaulets, and short sleeves. The polo shirts are available in different colors such as blue, grey and white etc., There are many brands that manufacture polos including Ralph Lauren Corporation; Giorgio Armani S.p.A.
Application Insights:
The market is segmented by application into direct-sale store, franchisee store, and others. The other segment includes online retail stores and non-store retail outlets such as e-commerce platforms. The growth of the online channel can be attributed to the expansion of internet penetration and rise in spending power of consumers.
Franchisees accounted for a significant share in 2017 owing to high availability of brands across various industries at affordable prices through established distribution channels. Furthermore, rapid expansion of existing distribution channels supported by strong brand presence has resulted in increased sales for franchisees over the past few years.
Regional Analysis:
Asia Pacific dominated the global shirt market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing per capita income, changing lifestyles, and rising international trade among countries. China is one of the largest markets for global shirts owing to growing export sales as well as import purchases by Chinese consumers from foreign brands.
North America emerged as a promising regional market with U.S., being its largest consumer base across all regions globally.
Growth Factors:
- Increasing demand from the fashion industry for new and unique shirt designs.
- Growing popularity of casual dress codes in workplaces, leading to increased demand for shirts as formalwear.
- Rising disposable income levels among consumers in developing countries, fueling demand for high-quality shirts at premium prices.
- Proliferation of online retail channels, providing consumers with a wider choice of shirt brands and styles at competitive prices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Shirt Market Research Report
By Type
T-Shirt, Polo Shirt, Dress Shirt, Others
By Application
Direct-Sale Store, Franchisee Store, Distributors
By Companies
Hansoll, Esquel, Shenzhou, SAE-E, American Apparel, Li-Ning, Hanes, HLA, Gildan, TAL apparel, The Shirt Factory, Luen Thai, ECLAT, Jinadasa Garments, New Wide, Metersbonwe, Makalot Ind., Chenfeng Group, Semir, Seidensticker, Inditex, Alok, Tainan Enterprises, GK, Bridge Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Shirt Market Report Segments:
The global Shirt market is segmented on the basis of:
Types
T-Shirt, Polo Shirt, Dress Shirt, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Direct-Sale Store, Franchisee Store, Distributors
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hansoll
- Esquel
- Shenzhou
- SAE-E
- American Apparel
- Li-Ning
- Hanes
- HLA
- Gildan
- TAL apparel
- The Shirt Factory
- Luen Thai
- ECLAT
- Jinadasa Garments
- New Wide
- Metersbonwe
- Makalot Ind.
- Chenfeng Group
- Semir
- Seidensticker
- Inditex
- Alok
- Tainan Enterprises
- GK
- Bridge Group
Highlights of The Shirt Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- T-Shirt
- Polo Shirt
- Dress Shirt
- Others
- By Application:
- Direct-Sale Store
- Franchisee Store
- Distributors
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Shirt Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A shirt is a piece of clothing that covers the torso and arms.
Some of the major players in the shirt market are Hansoll, Esquel, Shenzhou, SAE-E, American Apparel, Li-Ning, Hanes, HLA, Gildan, TAL apparel, The Shirt Factory, Luen Thai, ECLAT, Jinadasa Garments, New Wide, Metersbonwe, Makalot Ind., Chenfeng Group, Semir, Seidensticker, Inditex, Alok, Tainan Enterprises, GK, Bridge Group.
The shirt market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Shirt Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Shirt Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Shirt Market - Supply Chain
4.5. Global Shirt Market Forecast
4.5.1. Shirt Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Shirt Market Size (000 Units) and Y-o-Y Growth
4.5.3. Shirt Market Absolute $ Opportunity
5. Global Shirt Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Shirt Market Size and Volume Forecast by Type
5.3.1. T-Shirt
5.3.2. Polo Shirt
5.3.3. Dress Shirt
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Shirt Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Shirt Market Size and Volume Forecast by Application
6.3.1. Direct-Sale Store
6.3.2. Franchisee Store
6.3.3. Distributors
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Shirt Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Shirt Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Shirt Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Shirt Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Shirt Demand Share Forecast, 2019-2026
9. North America Shirt Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Shirt Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Shirt Market Size and Volume Forecast by Application
9.4.1. Direct-Sale Store
9.4.2. Franchisee Store
9.4.3. Distributors
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Shirt Market Size and Volume Forecast by Type
9.7.1. T-Shirt
9.7.2. Polo Shirt
9.7.3. Dress Shirt
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Shirt Demand Share Forecast, 2019-2026
10. Latin America Shirt Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Shirt Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Shirt Market Size and Volume Forecast by Application
10.4.1. Direct-Sale Store
10.4.2. Franchisee Store
10.4.3. Distributors
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Shirt Market Size and Volume Forecast by Type
10.7.1. T-Shirt
10.7.2. Polo Shirt
10.7.3. Dress Shirt
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Shirt Demand Share Forecast, 2019-2026
11. Europe Shirt Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Shirt Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Shirt Market Size and Volume Forecast by Application
11.4.1. Direct-Sale Store
11.4.2. Franchisee Store
11.4.3. Distributors
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Shirt Market Size and Volume Forecast by Type
11.7.1. T-Shirt
11.7.2. Polo Shirt
11.7.3. Dress Shirt
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.101. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Shirt Demand Share, 2019-2026
12. Asia Pacific Shirt Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Shirt Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Shirt Market Size and Volume Forecast by Application
12.4.1. Direct-Sale Store
12.4.2. Franchisee Store
12.4.3. Distributors
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Shirt Market Size and Volume Forecast by Type
12.7.1. T-Shirt
12.7.2. Polo Shirt
12.7.3. Dress Shirt
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Shirt Demand Share, 2019-2026
13. Middle East & Africa Shirt Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Shirt Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Shirt Market Size and Volume Forecast by Application
13.4.1. Direct-Sale Store
13.4.2. Franchisee Store
13.4.3. Distributors
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Shirt Market Size and Volume Forecast by Type
13.7.1. T-Shirt
13.7.2. Polo Shirt
13.7.3. Dress Shirt
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Shirt Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Shirt Market: Market Share Analysis
14.2. Shirt Distributors and Customers
14.3. Shirt Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Hansoll
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Esquel
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Shenzhou
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. SAE-E
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. American Apparel
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Li-Ning
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hanes
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. HLA
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Gildan
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. TAL apparel
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. The Shirt Factory
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Luen Thai
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. ECLAT
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Jinadasa Garments
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. New Wide
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Metersbonwe
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Makalot Ind.
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Chenfeng Group
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Semir
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Seidensticker
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
