The global tailoring and alteration services market was valued at USD 9,637.14 million in 2023 and is expected to grow at a CAGR of 4.3% during the forecast period. Rising demand for various types of formal wear, such as suits and dresses, among consumers worldwide due to an increase in the number of events and gatherings along with the growing penetration among people to look towards unique and personalized clothing and enhanced tailoring and alteration services which offer the ability to customize garments to fit specific preferences and styles are major factors driving the global market growth. Additionally, the growing technological advancements and rising interest of the general public in custom-made apparel and expansion in the services portfolio by leading companies operating in the market will also bode well for the demand and growth of the market.
To Understand More About this Research: Request a Free Sample Report
For instance, in November 2021, Ganni announced that it had entered a strategic partnership with a clothing alteration and repair app named Sojo. With this partnership, Sojo will offer its alteration services to the Ganni Community & customers can book free alterations through its service on the company's website.
Moreover, 3D body scanning technology is gaining significant popularity and being widely used by several service providers to create more accurate and precise measurements of the customer's body, resulting in a better fit and more comfortable clothing. Some tailoring and alteration services use digital design software, which helps them to create custom designs and patterns and allows for more unique and personalized clothing.
The outbreak of the COVID-19 pandemic has significantly impacted the growth of the tailoring and alteration services market. The rapid emergence of the deadly coronavirus globally has resulted in temporary closures of manufacturing facilities and high disruptions in the global supply chains due to imposed lockdowns and other restrictions on trade activities. With many people working from home and events being canceled or postponed, the demand for tailoring and alteration services has significantly decreased during the pandemic.
For Specific Research Requirements, Request for a Customized Report
Growth Drivers
Rapid emerging fashion trends across the globe have led to higher adoption of this kind of service. As styles change, people start looking to update their wardrobes and alter their clothing to fit the latest trends, which is the key factor boosting the market growth. With the surging awareness regarding the environmental impact of fast fashion, there is a growing demand for sustainable clothing options, which will positively influence the global market growth over the coming years. Furthermore, the rapidly growing advancements in several technologies and their widespread integration in tailoring and alteration services like robots that can cut and ser, AI-enabled software to predict future trends, laser-cutting machines, and digital stylists, among others, that are being adopted by major service provides to meet the rising consumer expectations are further expected to fuel the market growth.
The market is primarily segmented based on service, consumer orientation, clothes type, and region.
By Service |
By Consumer Orientation |
By Clothes Type |
By Region |
|
|
|
|
To Understand the Scope of this Report: Speak to Analyst
The new alterations segment accounted for the largest market share in 2022 and will likely retain its market position throughout the projected period. The growth of the segment market can be highly attributable to the increasing number of consumers who are becoming more conscious of their fashion choices and are increasingly looking for tailored and customized clothing which has led to a rise in demand for alterations services that can help individuals to create unique and personalized clothing.
The garment repair segment is anticipated to grow at the fastest growth rate over the coming years, on account of increasing awareness among people regarding the environmental impact of fast fashion, due to which there is a surging interest in repairing and repurposing clothes rather than buying new ones. In addition, garment repair services further help extend the life of clothing items, reduce waste and promote sustainability, and allow consumers to save money on clothes, propelling the demand and growth of the segment market.
The women segment held the majority market share in terms of revenue in 2022, which is mainly driven by a rapid increase in the number of women who are likely to want clothing that is tailored to their specific body shape and size, as these services allow them to achieve the perfect fit which helps them to boost their confidence and make them feel more comfortable in their clothes. Women are often more fashion-conscious than men and follow the constantly changing fashion trends, rapidly increasing the segment market growth.
The men's segment is likely to grow significantly during the anticipated period, mainly due to the increasing prevalence among the men population of spending higher on custom-tailored suits and bespoke garments. Moreover, the growing popularity of having a specific dress code among several organizations and corporates worldwide is also influencing the demand and growth of the market.
The causal wear segment is projected to grow at the highest CAGR during the anticipated period, which is largely attributed to continuous change in fashion trends and a rising number of people opting for casual wear in their day-to-day lives, as these types of wear are often more comfortable to wear than formal wear.
The business wear segment led the industry market with a substantial market share in 2022, which is attributed to a rise in the number of officegoers across the globe comprising both women and men coupled with the increasing people spending power, improved employment rate, and widespread availability of better services offering by several new and established market players.
North America dominated the global market with the largest share in 2022. The high penetration among people to spend much money on expensive clothes and increased focus on looking attractive by wearing designer clothes, coupled with the availability of highly developed and innovative alteration services, especially in countries like the US, Canada, and Mexico, are the primary factors boosting the growth of the market in the region.
The Asia Pacific region is anticipated to be the fastest growing region with a healthy CAGR over the coming years, owing to a surge in the population burden and a rapid increase in the rate of urbanization across several emerging economies, including China, India, Indonesia, and Malaysia. The trend of spending more and more on expensive clothes, mainly in the young generation between the age of 22-30 years, and exponential growth in various online platforms offering these services across the region, will further create huge growth opportunities for the market.
Some of the major players operating in the global market include Alfred Dunhill, Alteration Express, Cad & The Dandy, Duncan Quinn, Gieves & Hawkes, Henry Poole, Michael Andrews, Oxxford Clothes, Sartoria Raffaniello, Stitch-It & Co., Sewing Studio Fabric
Report Attributes |
Details |
Market size value in 2023 |
USD 10,044.79 million |
Revenue forecast in 2032 |
USD 14,137.72 million |
CAGR |
4.3% from 2023 – 2032 |
Base year |
2022 |
Historical data |
2019 – 2021 |
Forecast period |
2023 – 2032 |
Quantitative units |
Revenue in USD million and CAGR from 2023 to 2032 |
Segments covered |
By Service, By Consumer Orientation, By Clothes Type, By Region |
Regional scope |
North America, Europe, Asia Pacific, Latin America; Middle East & Africa |
Key companies |
Alfred Dunhill, Alteration Express, Cad & The Dandy, Duncan Quinn, Gieves & Hawkes, Henry Poole & Co., Michael Andrews, Oxxford Clothes, Sartoria Raffaniello, Stitch-It & Co., The Sewing Studio Fabric, Antonio Liverano, Dormeuil, Look Smart Alterations, Huntsman & Sons, Paulo de Oliveria S.A., and Uniqlo. |
The Tailoring and Alteration Services Market report covering key are service, consumer orientation, clothes type, and region.
Tailoring and Alteration Services Market Size Worth $ 14,137.72 Million By 2032.
The global tailoring and alteration services market expected to grow at a CAGR of 4.3% during the forecast period.
North America is leading the global market.
key driving factors in Tailoring and Alteration Services Market Rapid emerging fashion trends across the globe have led to higher adoption of this kind of service.