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HomeBusinessDye Sublimated Apparel market to reach USD8.4 bn by 2027

Dye Sublimated Apparel market to reach USD8.4 bn by 2027

11 February 2021: A new report by Grand View Research anticipate that the global dye sublimated apparel market would reach USD8.4 billion by 2027, expanding at a CAGR of 9.5% from 2020 to 2027. The T-shirts product segment accounted for the largest revenue share of the global market in 2019 and 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.

In the overall scenario, Asia Pacific held the largest revenue share in 2019 and is expected to lead the market over the forecast years. 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. Moreover, increasing awareness about the best fit, growing millennial population, and rise in spending power among women are expected to drive the market. 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 is widely used by people involved in water-based activities, such as swimming and bathing.

Dye Sublimated Apparel Product segment include: T-shirt, Leggings, Hoodies, Golf Shirts, etc. Some of the Key Players of Dye Sublimated Apparel Market covered in the survey are: Gildan, Under Armour Inc., HanesBrands Inc., Royal Apparel, Bella+Canvas, dasFlow Custom Athletic Apparel, Oasis Sublimation, Wooter Apparel, Renfro Corporation, Augusta Sportswear Brands.

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