Market Size of Apparel Logistics Industry
Study Period | 2020 - 2029 |
Market Size (2024) | USD 138.62 Billion |
Market Size (2029) | USD 191.35 Billion |
CAGR (2024 - 2029) | 6.66 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Apparel Logistics Market Analysis
The Apparel Logistics Market size is estimated at USD 138.62 billion in 2024, and is expected to reach USD 191.35 billion by 2029, growing at a CAGR of 6.66% during the forecast period (2024-2029).
Rapid replenishment cycles of the apparel industry are the main factor driving the market's growth. From retailers to manufacturers, apparel supply chains compete strongly to provide the latest trends and the best customer experience. Meanwhile, changing consumer expectations and fulfillment models pressure apparel businesses.
The COVID-19 pandemic caused lockdowns, line limitations, and breakdown of transportation organizations across regions. With the rapidly increasing cases, the overall apparel logistics market is being influenced from multiple points of view. The accessibility of the labor force is disturbing the inventory network of the apparel logistics market, as the lockdowns and the spread of the infection are forcing individuals to remain indoors.
Many leading fashion retailers have embraced the concept of performing multi-channel distribution within a single facility with a single information system, achieving dramatic improvements in labor productivity and inventory optimization. The apparel marketplace is evolving and reinventing itself regularly. New sales channels are being developed, requiring companies to continuously evaluate and remodel their logistics and transportation networks.
The global apparel industry is extremely dynamic due to the ever-changing fashion trends. Due to the intense competition, apparel companies are implementing new technologies, such as data analytics and AI. The apparel industry has massive outsourcing operations that provide logistics players with considerable opportunities in domestic and international operations, making it a highly competitive industry. Any disruption in the supply chain leads to a huge loss for apparel companies. Thus, to have a minimal impact on their supply chain, apparel companies usually prefer outsourcing their operations to logistics players.
Apparel Logistics Industry Segmentation
Apparel logistics cater to the supply chain needs of apparel manufacturers and retailers. The report provides a complete background analysis of the apparel logistics market, including an assessment of the sector and its contribution to the economy, market overview, market size estimation for key segments, the impact of COVID-19 on the market, key countries, emerging trends in the market segments, market dynamics, and key goods flow statistics.
The market is segmented by service (transportation, warehousing, inventory management, and other value-added services) and geography.
By Service | |
Transportation | |
Warehousing, and Inventory Management | |
Other Value-added Services |
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Apparel Logistics Market Size Summary
The apparel logistics market is poised for significant growth, driven by the rapid replenishment cycles and evolving consumer expectations within the dynamic fashion industry. As retailers and manufacturers strive to stay ahead of trends and enhance customer experiences, the demand for efficient logistics solutions becomes paramount. The market is experiencing a transformation, with companies increasingly adopting multi-channel distribution strategies and leveraging technologies like data analytics and AI to optimize inventory and improve labor productivity. The COVID-19 pandemic has posed challenges, disrupting supply chains and highlighting the importance of robust logistics networks. Despite these challenges, the market is witnessing a shift towards e-commerce and mobile shopping, with companies focusing on personalization to meet rising consumer demands.
The global apparel logistics market is characterized by intense competition and significant outsourcing operations, providing ample opportunities for logistics players in both domestic and international markets. The market is fragmented, with large global players and smaller local entities vying for market share. E-commerce growth has been a key driver, with companies like shein.com and HM leading in online traffic, prompting logistics providers to expand their capabilities to handle increased online orders. The market's outlook is positive, with global brands like Nike and Adidas shifting production to emerging markets, benefiting transportation companies. Collaborations and expansions, such as those between DSV and New Balance, underscore the industry's focus on enhancing storage and distribution capabilities to meet growing demand.
Apparel Logistics Market Size - Table of Contents
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1. MARKET OVERVIEW
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1.1 Current Market Scenario
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1.2 Market Dynamics
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1.2.1 Drivers
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1.2.2 Restraints
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1.3 Industry Attractiveness - Porter's Five Forces Analysis
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1.4 Industry Value Chain Analysis
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1.5 Government Regulations and Initiatives
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1.6 Spotlight on Global Logistics Sector
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1.7 Brief on Global Apparel Industry
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1.8 Spotlight - Effect of E-commerce on Traditional Apparel Logistics Supply Chain
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1.9 Review and Commentary on Return Logistics
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1.10 Effect of Apparel Industry's Fast Replenishment Cycles on the Logistics Market
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1.11 Spotlight on the Demand for Contract Logistics and Integrated Logistics
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1.12 Impact of COVID-19 on the Market
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2. MARKET SEGMENTATION
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2.1 By Service
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2.1.1 Transportation
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2.1.2 Warehousing, and Inventory Management
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2.1.3 Other Value-added Services
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2.2 By Geography
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2.2.1 Asia-Pacific
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2.2.1.1 China
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2.2.1.2 Japan
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2.2.1.3 India
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2.2.1.4 South Korea
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2.2.1.5 ASEAN
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2.2.1.6 Rest of Asia-Pacific
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2.2.2 North America
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2.2.2.1 United States
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2.2.2.2 Canada
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2.2.2.3 Brazil
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2.2.2.4 Mexico
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2.2.2.5 Rest of Americas
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2.2.3 Europe
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2.2.3.1 United Kingdom
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2.2.3.2 Germany
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2.2.3.3 Italy
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2.2.3.4 Spain
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2.2.3.5 France
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2.2.3.6 Rest of Europe
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2.2.4 Middle-East and Africa
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2.2.4.1 Saudi Arabia
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2.2.4.2 South Africa
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2.2.4.3 Rest of Middle-East and Africa
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Apparel Logistics Market Size FAQs
How big is the Apparel Logistics Market?
The Apparel Logistics Market size is expected to reach USD 138.62 billion in 2024 and grow at a CAGR of 6.66% to reach USD 191.35 billion by 2029.
What is the current Apparel Logistics Market size?
In 2024, the Apparel Logistics Market size is expected to reach USD 138.62 billion.