Dublin, Oct. 30, 2023 (GLOBE NEWSWIRE) — The “Fashion Design Software Market Size and Forecasts 2020-2030, Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Type and End User” report has been added to ResearchAndMarkets.com’s offering.
The Fashion Design Software Market size is expected to reach US$ 744.67 million in 2022 and is expected to reach US$ 1334.20 million by 2030; it is estimated to record a CAGR of 7.6% from 2022 to 2030.
The Asia Pacific fashion design software market is segmented into the Australia, China, India, Japan, South Korea and Rest of APAC. China is estimated to hold the largest fashion design software market share during the forecast period. The fashion industry in China has been growing steadily, with an increasing part of the population having greater purchasing power than ever before and more interest in clothing as a form of fashion rather than just as a need.
Fashion is one of China’s most lucrative industries, which reached US$ 266 billion in 2022. With this huge potential market, brands can attract more than 1 million consumers by focusing their marketing strategies on China.
China’s apparel manufacturing industry has undergone a profound transition. The rising labor cost has shifted the sector toward a less labor-intensive and highly automated direction. Due to the growing disposable income, the average expenditure on clothes and shoes in China has surged over the past two decades. Also, Chinese consumers’ willingness to buy from domestic brands increased substantially.
Adding to the ever-increasing demand for fashion, the prevalence of online shopping also boosted China’s apparel retailing sector. In 2020, more than one-third of the apparel sold in China was via online retail platforms. To improve consumers’ online shopping experience, Chinese apparel retailers have invested in innovative technologies. In spring 2020, China’s online retail leader Alibaba rolled out its first virtual dressing room. All such factors contribute to the fashion design software market growth in China.
Fashion design software has become an integral part of many institutions involved in the fashion industry. These institutions include fashion design schools, clothing manufacturing companies, and fashion retailers. At fashion design schools, students use 3D fashion design software to create virtual garments and accessories, which can be manipulated to achieve the desired look and fit.
This software allows students to experiment with different styles, fabrics, and colors without needing physical materials, which can be costly and time-consuming. Clothing manufacturing companies use 3D fashion design software to streamline their production processes. They can create virtual prototypes of garments, which can be tested and adjusted before starting any physical production. This saves time and money and reduces waste, thereby decreasing environmental impact.
Fashion retailers use 3D fashion design software to create virtual storefronts and showcase their products online. This allows customers to see how the clothes look and fit without visiting a physical store. For instance, the Fashion Institute of Technology in New York City offers courses in 3D fashion design using software such as CLO 3D and Optitex. All such factors contribute to the fashion design software market growth.
Companies Mentioned
- Adobe Inc
- Autometrix Inc
- Browzwear Solutions Pte Ltd
- CLO Virtual Fashion LLC
- Lectra SA
- Harper Arrington Publishing LLC
- Optitex Ltd
- Strategies SA
- TG3D Studio Inc
- Tukatech Inc.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the fashion design software market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations such as specific country and segmental insight highlights crucial progressive industry trends in the fashion design software market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 201 |
| Forecast Period | 2022 – 2030 |
| Estimated Market Value (USD) in 2022 | $0.74 Billion |
| Forecasted Market Value (USD) by 2030 | $1.33 Billion |
| Compound Annual Growth Rate | 7.6% |
| Regions Covered | Global |
Key Topics Covered:
1. Introduction
2. Executive Summary
3. Research Methodology
4. Fashion Design Software Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in the Value Chain
5. Fashion Design Software Market – Key Industry Dynamics
5.1 Fashion Design Software Market – Key Industry Dynamics
5.2 Market Drivers
5.2.1 Growing Trend of On-Demand Customization
5.2.2 Increasing Adoption Of 3D Design Tools
5.2.3 Increasing Need for Faster and More Efficient Design Processes in The Fashion Industry
5.3 Market Restraints
5.3.1 Rise in Piracy Threats
5.3.2 High Cost of Software Implementation
5.4 Market Opportunities
5.4.1 Advent of AI, VR, and AR
5.4.2 Increasing Focus on Sustainability
5.5 Future Trends
5.5.1 Rise of Fashion in the Gaming Industry
5.6 Impact of Drivers and Restraints:
6. Fashion Design Software Market – Global Market Analysis
6.1 Fashion Design Software Market Revenue (US$ Million), 2022 – 2030
6.2 Fashion Design Software Market Forecast and Analysis
7. Fashion Design Software Market Analysis – Type
8. Fashion Design Software Market Analysis – End User
9. Fashion Design Software Market – Geographical Analysis
10. Fashion Design Software Market – Impact of COVID-19 Pandemic
11. Competitive Landscape
12. Industry Landscape
13. Company Profiles
14. Appendix
For more information about this report visit https://www.researchandmarkets.com/r/wx3gms
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Attachment
- Global Fashion Design Software Market
