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Apparel & Non-Apparel Manufacturing in Singapore

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    Report

  • 34 Pages
  • June 2024
  • Region: Singapore
  • MarketLine
  • ID: 6034531
Apparel & Non-Apparel Manufacturing in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The apparel & non-apparel manufacturing market is segmented into apparel and non-apparel products. The market value refers to the revenue generated by apparel and non-apparel manufacturers in a specific year.
  • The Singaporean apparel & non-apparel manufacturing market recorded revenues of $1.94 billion in 2023, representing a negative compound annual growth rate (CAGR) of 0.3% between 2018 and 2023.
  • The apparel segment accounted for the market's largest proportion in 2023, with total revenues of $1.65 billion, equivalent to 85.1% of the market's overall value.
  • Singapore’s apparel market is driven by its position as a regional fashion hub and high consumer spending power. The market favors luxury and high-end fashion, with a growing emphasis on sustainability. Singapore's advanced infrastructure supports efficient supply chains, while its strategic location enhances its role in the distribution of technical textiles and apparel across Southeast Asia. Moreover, urbanization increases consumer disposable income and lifestyle changes, spurring demand for modern, ready-made garments and home textiles.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, and leading players in the apparel & non-apparel manufacturing market in Singapore
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the apparel & non-apparel manufacturing market in Singapore
  • Leading company profiles reveal details of key apparel & non-apparel manufacturing market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Singapore apparel & non-apparel manufacturing market with five year forecasts

Reasons to Buy

  • What was the size of the Singapore apparel & non-apparel manufacturing market by value in 2023?
  • What will be the size of the Singapore apparel & non-apparel manufacturing market in 2028?
  • What factors are affecting the strength of competition in the Singapore apparel & non-apparel manufacturing market?
  • How has the market performed over the last five years?
  • How large is Singapore’s apparel & non-apparel manufacturing market in relation to its regional counterparts?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of the leading players?
7.4. What are the recent developments in the market?
8 Company Profiles
8.1. Bodynits International Pte Ltd
8.2. GLG Corp Ltd
8.3. Ramatex Textiles Industrial Sdn. Bhd.
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: Singapore apparel & non-apparel manufacturing market value: $ million, 2018-23
Table 2: Singapore apparel & non-apparel manufacturing market category segmentation: % share, by value, 2018-23
Table 3: Singapore apparel & non-apparel manufacturing market category segmentation: $ million, 2018-23
Table 4: Singapore apparel & non-apparel manufacturing market geography segmentation: $ million, 2023
Table 5: Singapore apparel & non-apparel manufacturing market value forecast: $ million, 2023-28
Table 6: Bodynits International Pte Ltd: Key Facts
Table 7: Bodynits International Pte Ltd: Key Employees
Table 8: GLG Corp Ltd: Key Facts
Table 9: GLG Corp Ltd: Annual Financial Ratios
Table 10: GLG Corp Ltd: Key Employees
Table 11: Ramatex Textiles Industrial Sdn. Bhd.: Key Facts
Table 12: Singapore Size of Population (million), 2019-23
Table 13: Singapore Real GDP (constant 2010 prices, $ billion), 2019-23
Table 14: Singapore GDP (current prices, $ billion), 2019-23
Table 15: Singapore Inflation, 2019-23
Table 16: Singapore Consumer Price Index (absolute), 2019-23
Table 17: Singapore Exchange Rate, 2018-23
List of Figures
Figure 1: Singapore apparel & non-apparel manufacturing market value: $ million, 2018-23
Figure 2: Singapore apparel & non-apparel manufacturing market category segmentation: $ million, 2018-23
Figure 3: Singapore apparel & non-apparel manufacturing market geography segmentation: % share, by value, 2023
Figure 4: Singapore apparel & non-apparel manufacturing market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the apparel & non-apparel manufacturing market in Singapore, 2023
Figure 6: Drivers of buyer power in the apparel & non-apparel manufacturing market in Singapore, 2023
Figure 7: Drivers of supplier power in the apparel & non-apparel manufacturing market in Singapore, 2023
Figure 8: Factors influencing the likelihood of new entrants in the apparel & non-apparel manufacturing market in Singapore, 2023
Figure 9: Factors influencing the threat of substitutes in the apparel & non-apparel manufacturing market in Singapore, 2023
Figure 10: Drivers of degree of rivalry in the apparel & non-apparel manufacturing market in Singapore, 2023

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Bodynits International Pte Ltd
  • GLG Corp Ltd
  • Ramatex Textiles Industrial Sdn. Bhd.