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Corporate Apparel Market Insights: Growth, Size & Share Forecast 2025–2032

user image 2025-08-19
By: Industry Outlook
Posted in: Business

According to   Fortune Business Insights , the global   corporate apparel market   size was valued at   USD 288.82 billion in 2024   and is projected to grow from   USD 305.56 billion in 2025   to   USD 458.24 billion by 2032 , registering a   CAGR of 6.01% (2025–2032) .

  • Asia Pacific led the market in 2024   with a   94.8% market share , fueled by employment growth and government investments in MSMEs across   India, China, and Vietnam .
  • Asia Pacific   witnessed corporate apparel market growth from   USD 110.53 billion in 2023 to USD 116.59 billion in 2024 .
  • Formal shirts dominated   in 2024 as the most widely adopted apparel type for corporate branding, while   formal pants & trousers   are expected to register the fastest CAGR due to increasing dual-purpose usage.
  • Men’s segment   accounted for the largest share in 2024, while   women’s segment   is forecast to grow fastest, driven by rising female workforce participation, especially in India and Southeast Asia.
  • Hypermarkets/supermarkets   remain the leading distribution channel, while   e-commerce   is set to grow at the highest pace, driven by digital adoption, smartphone penetration, and convenience.

Leading players   include   Aditya Birla Management Corporation Pvt. Ltd., Raymond Limited, VF Corporation, and PVH Corp. —all expanding their global presence with sustainable apparel collections and wider retail reach.

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Market Trends

  1. Ethical & Sustainable Fabrics Gain Traction

Workplaces are increasingly adopting   eco-conscious apparel   made from   organic cotton, recycled polyester, vegan leather, and blended fabrics . Zero-waste manufacturing and circular fashion initiatives are also reshaping procurement policies for corporate uniforms.


  1. Personalization & Branding

Corporates are investing in   branded uniforms with embroidered logos and custom designs   to reinforce professional identity and boost team cohesion.


  1. 3D Printing in Apparel Manufacturing

The use of   3D printing technology   for creating   customized designs, on-demand logos, and sustainable apparel   is reducing production waste and inventory risks, opening new revenue streams for suppliers.

Market Dynamics


Drivers

  • Rising global workforce participation   (India’s employment grew 36% between 2014–2024).
  • Urbanization & industrial development   in emerging economies.
  • Corporate culture & branding needs   across IT, retail, BFSI, and logistics sectors.

Restraints

  • Shift toward   casual workwear   in tech, creative, and consulting industries.
  • Hybrid work culture   reducing day-to-day demand for formal corporate apparel.

Opportunities

  • 3D printing & digital customization   in production.
  • Social media-driven visibility & influencer marketing .
  • Sustainable formal wear demand   in North America, Europe, and Asia Pacific.

Segmentation Analysis


By Type

  • Formal Shirts   – Largest share due to adoption as corporate uniforms with branding.
  • Formal Pants & Trousers   – Fastest growing, driven by   fashion-conscious employees   seeking dual-purpose wear.
  • Others   – Includes blazers, skirts, ties, and accessories.

By End-User

  • Men   – Dominated 2024 share, influenced by grooming and fashion awareness.
  • Women   – Expected highest CAGR; workforce participation in India rose from   22% (2018)   to   40.3% (2024) .

By Distribution Channel

  • Hypermarkets & Supermarkets   – Leading due to product availability and convenience.
  • E-commerce/Online   – Fastest growth, with   Amazon, Flipkart, Noon, and eBay   expanding reach.
  • Convenience Stores & Others   – Remain supplementary but important in local markets.

Get to know more about this market; Please visit:   https://www.fortunebusinessinsights.com/corporate-apparel-market-113426


Regional Outlook

  • Asia Pacific (USD 116.59 Billion in 2024):   Largest market, led by India, China, and Vietnam. Rising MSME investments and urban workforce expansion drive demand.
  • North America:   Significant growth expected. U.S. payroll jobs rose by   228,000 in March 2025 , boosting demand for formalwear.
  • Europe:   Strong focus on   sustainable, designer corporate apparel   across U.K., Germany, and France.
  • South America & Middle East & Africa:   Growth driven by   e-commerce penetration, social media marketing, and eco-conscious consumer trends .

Competitive Landscape


The   corporate apparel industry   is moderately consolidated with global and regional players.

Key Players Include:

  • Aditya Birla Management Corporation Pvt. Ltd. (India)
  • Raymond Limited (India)
  • PVH Corp. (U.S.)
  • H&M Group (Sweden)
  • Lefty Production Co. (U.S.)
  • INDITEX (Spain)
  • Giorgio Armani S.p.A. (Italy)
  • Ralph Lauren Media LLC (U.S.)
  • Casablanca Apparels (India)
  • Cottonking (India)

Strategies:

  • Geographic expansion   into high-growth regions (Asia Pacific, Middle East).
  • Sustainability initiatives   (eco-friendly fabrics, ethical sourcing).
  • E-commerce partnerships & D2C channels   to target younger demographics.
  • Product innovation   via 3D printing, customizable designs, and luxury formal wear collections.

Key Industry Developments

  • April 2025:   Raymond Limited, an India-based textile and apparel manufacturing company, announced the opening of 900 new outlets in India. The launch will help the company expand its business across India.
  • January 2024:   Corneliani S.p.a., an Italy-based manufacturer, announced the launch of its formal and wedding line ‘Code’ in India. The formal wear line features a selection of suits, tuxedos, morning coats, and others.
  • November 2022:   Aditya Birla Fashion and Retail Ltd (ABFRL), a subsidiary firm of Aditya Birla Management Corporation Pvt. Ltd., partnered with Galeries Lafayette to open a luxury store in India. As per the company, they will open two flagship stores - one in Mumbai and another in New Delhi.

The   corporate apparel market   is projected to reach   USD 458.24 billion by 2032 , fueled by workforce expansion, branding needs, and demand for sustainable fashion. While   casual dress codes   pose challenges, opportunities in   digital customization, eco-friendly apparel, and online retail   will shape the industry’s future growth.

 

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