Egypt Apparel Market 2024-2030

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    EGYPT APPAREL MARKET

     

    INTRODUCTION

    The term ” Egyptian clothes” refers to clothing that was worn in ancient Egypt from the end of the Neolithic period (before 3100 BC) until Cleopatra’s death in 30 BC, when the Ptolemaic Kingdom fell. Colors were everywhere on Egyptian clothing.

    Infographics-Egypt Apparel Market, Egypt Apparel Market Size, Egypt Apparel Market Trends, Egypt Apparel Market Forecast, Egypt Apparel Market Risks, Egypt Apparel Market Report, Egypt Apparel Market Share

     

    The ancient Egyptian fashions, embellished with precious gems and jewels, were designed not only for beauty but also for comfort. Egyptian clothing was designed to keep people cool in the scorching desert. Lining was by far the most commonly used fabric in ancient Egypt.

     

    Comfortable living in the subtropical heat helped people. By spinning the fibers from the plant’s stem, linen is made from the flax plant.

     

    All Egyptian societies relied heavily on spinning, weaving, and sewing. Clothing could be dyed with plants, but it was usually left in its natural color. Wool was known, but was thought to be unclean. Animal fibers, which were considered taboo, were only worn by the wealthy.

     

    They were not allowed in sanctuaries or temples, but they were occasionally used as overcoats. The shenti, made of flax, was worn by all people, despite the fact that workers, peasants, and other modest individuals frequently wore nothing. Naked slaves frequently worked.

     

    The khat, a loose headdress worn by men of noble rank, and the nemes, a striped headdress worn by monarchs, were two distinct headdresses.

     

    EGYPT APPAREL MARKET SIZE AND FORECAST

     

    The Egypt Apparel market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

     

    EGYPT APPAREL MARKET SIZE MARKET DYNAMICS

    • At $1.1 billion, or 45.1% of all Egyptian exports to the U.S. in 2021, textile and clothing exports are the country’s largest non-fuel exports to the United States. The Egyptian apparel market’s primary export destination is the United States.
    • Apparel made in Egypt’s Qualified Industrial Zone (QIZ) is duty-free in the United States. Under the convention, Egyptian QIZs can use fabric imported from third countries while still being eligible for duty-free entry into the US market .
    • 94% of Egypt’s QIZ exports were made up of textiles and clothing. The fact that textile and clothing exports hold such a substantial share in the market implies a strong foothold in the U.S. market for Egyptian apparel products.
    • The Egyptian apparel market had revenues of billions. Womenswear was the market’s most profitable sector.
    • The increasing popularity of internet shopping has aided market growth in recent years and should continue to do so.
    • The apparel retail market covers infant clothes, toddler clothing, and casual wear, as well as necessities, formalwear, formalwear-occasion, and outerwear for men, women, boys, and girls; sports-specific clothing is excluded. 
    • Even though there is a local supply of cotton, particularly the well-known premium Egyptian cotton, the industry is having trouble keeping up with the demand from the local textile and apparel industry due to a lack of raw materials. To address this issue, adjustments must be made throughout the local value chain.

     

    EGYPT APPAREL MARKET SIZE RECENT TRENDS

    • Sustainable and Ethical Practices: Consumers are increasingly conscious of the environmental and social impact of clothing production. Egyptian apparel manufacturers may find opportunities in adopting sustainable practices, using eco-friendly materials, and ensuring fair labor practices. UNIDO will concentrate its efforts in Egypt under the SwitchMed Programme on initiatives that can make the textile and apparel industry’s value chain more environmentally friendly and circular.
    • E-commerce Growth: With the increasing popularity of online shopping, apparel businesses in Egypt might benefit from investing in robust online platforms, digital marketing, and improving the overall online shopping experience for consumers.
    • Customization and Personalization: The ability to customize apparel items according to individual preferences and sizes is gaining traction. Egyptian apparel companies might consider integrating customization options into their offerings to cater to this demand.
    • Technology Integration: The use of technology, such as artificial intelligence and data analytics, can enhance various aspects of the apparel industry, including supply chain management, inventory optimization, and customer experience.

     

    EGYPT APPAREL MARKET SIZE RECENT ACQUISITION

    Egyptian-based online fashion retailer A direct-to-consumer (D2C) fashion brand called OPIO has been bought by The Fashion Kingdom (TFK). The acquisition is a component of TFK’s strategy to create “THE FASHION KINGDOM,” a venture capital firm and all-in-one fashion aggregator that aims to transform the local fashion market.

     

    At a multi-stakeholder event in Cairo, Cotton Egypt Association (CEA), the organisation in charge of promoting and safeguarding Egyptian cotton globally, and Better Cotton, the largest cotton sustainability programme in the world, celebrated the beginning of their renewed strategic relationship.

     

    Better Cotton and CEA hope to significantly improve Egyptian cotton’s yields and sustainability credentials through a renewed strategic relationship, all the while guaranteeing fair working conditions for workers and farmers.

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS OF EGYPT APPAREL MARKET SIZE

    1. How many Apparel are manufactured per annum in Egypt? Who are the sub-component suppliers in this region?
    2. Cost breakup of a Egypt Apparel and key vendor selection criteria
    3. Where is the Apparel manufactured? What is the average margin per unit?
    4. Market share of Egypt Apparel market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Egypt Apparel in-house
    6. key predictions for next 5 years in Egypt Apparel market
    7. Average B-2-B Apparel market price in all segments
    8. Latest trends in Apparel market, by every market segment
    9. The market size (both volume and value) of the Apparel market in 2024-2030 and every year in between?
    10. Production breakup of Apparel market, by suppliers and their OEM relationship
    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2024-2030
    21 Product installation rate by OEM, 2024
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2024
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
                   
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