AFRICA APPAREL MARKET

INTRODUCTION

Both locally produced goods using imported materials and imported cloth that has been coloured, printed, or finished in Africa must have the statement "made in Africa from imported materials."

There are specific labeling requirements for textile products that contain sheep's wool, whether it is an integral component or is added later. Products must be labeled to indicate the percentage of wool content if they contain at least 35% wool. According to the Merchandise Marks Act, imported goods may not be marked to give the false impression that they are from Africa. 

AFRICA APPAREL MARKET SIZE AND FORECAST

The Africa apparel market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.

NEW PRODUCT LAUNCH

Ivorian startup Afrikrea partners with DHL and VISA  to launch SaaS e - commerce platform ANKA. Afrikrea, an Ivorian e-commerce firm, began as a market for apparel, accessories, arts, and crafts with an African origin or influence.

Although Afrikrea gives African entrepreneurs a platform to advertise and market their goods to the globe, it is only one of the numerous channels accessible, along with social media and individual websites.After that, Africa started experimenting with an all-encompassing SaaS e-commerce platform for these businesses last year.

It is announcing its launch today. Users of the ANKA platform will be able to transport goods anywhere in the globe, sell goods from Africa, and get paid using both domestic and foreign payment methods specific to Africa.

Global shipping, payments, and e-commerce. For thousands of micro-retailers and businesses across the continent and around the world, that is ANKA's role. Users of the platform can manage their orders, messages, and inventories from a single dashboard that supports omnichannel sales.

Customers can conduct transactions through connections on social media networks, bespoke online storefronts like Shopify, the Afrikrea marketplace, and social media platforms.A wallet and an Afrikrea Visa card are two payment and payout methods available to merchants.

The platform, which has a price ANKA distinguishes itself from MallforAfrica and other e-commerce platforms by emphasizing export rather than import, primarily for African goods.

Since its cooperation with DHL, ANKA, which is today the leading e-commerce exporter on the continent, has carried more than 10 tonnes of merchandise out of Africa each month, claims Moulaye.enables users to conduct mobile banking and mobile money transactions via MPesa.

COMPANY PROFILE

• CIEL Textile Ltd
• Almeda textile factory Plc
• Edcon
• Truworths
• Gelvenor textiles

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost perAfrica apparel marketright now and how will it change in the next 5-6 years?
2. Average cost to set up anapparel marketin Africa ?
3. How manyAfrica apparel marketsare manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of aAfrica apparel marketand key vendor selection criteria
6. Where is theAfrica apparel market manufactured? What is the average margin per equipment?
7. Market share ofAfrica apparel marketmanufacturers and their upcoming products
8. The most important plannedAfrica apparel marketin next 2 years
9. Details on network of majorAfrica apparel marketand pricing plans
10. Cost advantage for OEMs who manufactureAfrica apparel marketin-house
11. 5 key predictions for next 5 years inAfrica apparel market
12. Average B-2-BAfrica apparel marketprice in all segments
13. Latest trends inAfrica apparel market, by every market segment
14. The market size (both volume and value) of the Africaapparel marketin 2022-2030 and every year in between?
15. Global production breakup ofAfrica apparel market, by suppliers and their OEM relationship