Apparel Management Software Market Size, Share, and Industry Analysis, By Deployment (On-premise and Cloud); By End-user (Apparel Retailers, Apparel Manufacturers, and Others); and Regional Forecast, 2024-2032

Apparel management software is a specialized software designed for apparel companies to efficiently manage their business and data in a single platform. It automates various tasks such as commercial activity, order processing, merchandise planning, and internal control, specifically for the garment industry. There are different types of apparel management software available, with ERP software being the most widely used by apparel companies. ERP systems can be deployed either through cloud-based deployment or on on-premises servers, depending on the company's needs.

The market is growing due to the ongoing efforts to improve efficiency and streamline apparel management. Additionally, the rise in income and urbanization has resulted in more supermarkets and retail stores worldwide, which is further boosting market growth. In the future, the expansion of the retail and e-commerce industry, along with favorable government regulations on apparel manufacturing will continue to drive growth.

• The EU is the biggest buyer of clothing and textiles in the world, as stated in the World Trade Organisation's 2022 World Trade Statistical Review report. In terms of value, the EU accounted for 34.1% of global imports in 2021, while the U.S., the second largest importer, only accounted for 18.5%.

Impact of Generative AI on the Apparel Management Software Market

The fashion industry is experiencing a significant transformation with the integration of technology and fashion. Artificial intelligence (AI) is playing a crucial role in this evolution. Experts predict that generative AI alone could contribute around USD 150 billion to USD 275 billion in operating profits for the fashion, luxury, and apparel sectors over the next three to five years. AI has the potential to revolutionize various aspects of the fashion landscape, including trend prediction, supply chain optimization, personalized shopping experiences, and virtual try-ons.

Moreover, AI has already begun to leave its impact on online shopping support. Zalando, an online retailer, introduced a beta version of their shopping assistant called ChatGPT. This natural language-powered assistant enables customers to ask questions, receive answers, and receive personalized product recommendations. Furthermore, surveys conducted among global fashion executives revealed that 73% of them consider generative AI as a crucial aspect for their businesses by 2024. This indicates potential growth opportunities for companies in the apparel management software industry over the coming years.

Key Insights

The report covers the following key insights:

• Micro Macro Economic Indicators


• Drivers, Restraints, Trends, and Opportunities


• Business Strategies Adopted by Key Players


• Impact of Generative AI on the Global Apparel Management Software Market


• Consolidated SWOT Analysis of Key Players

Segmentation

Analysis By End-user

Apparel management software is used by various end-users including apparel retailers, apparel manufacturers, and others. This software helps users make better decisions by integrating business processes and eliminating data silos. As a result, more apparel and fashion manufacturers are turning to industry-specific cloud software for their digital transformation. The 2023 Fashion and Apparel Manufacturing Report by Aptean reveals that 54% of North American fashion and apparel brands have either adopted or are in the process of adopting cloud ERP systems.

Furthermore, in various technology sectors, fashion and clothing producers experienced greater advancements by utilizing a solution tailored specifically for their industry. As per the survey mentioned earlier, manufacturers who employed apparel management software witnessed a revenue increase of 7%, whereas those using a non-industry-specific solution saw a growth of 1.4%. On the other hand, manufacturers who did not utilize any solution faced a decline of 4.5%.

Regional Analysis

The global apparel management software market is distributed into five regions: North America, South America, Europe, the Middle East & Africa, and Asia Pacific. In 2023, a significant share of the market was held by North America, due to rising disposable income levels and growing e-commerce industry, particularly in lucrative markets such as the U.S. and Canada.

Asia Pacific is anticipated to experience highest growth during the forecast period. The increasing demand for clothing, particularly through online shopping platforms, will contribute to this growth. Additionally, the rising adoption of garment ERP software, along with supportive government initiatives and ongoing projects, will further drive the market in the region.

Distribution of the Global Apparel Management Software Market, By Region

• North America – 31%


• South America – 8%


• Europe – 22%


• Middle East and Africa – 14%


• Asia Pacific – 25%

Key Players Covered

The report provides the profiles of key players such as Fast React Systems, Aptean, AIMS 360, Openbravo, Vetigraph, Powersoft Computer Solutions, Elastic Suite, JCW Software, Fashion Master Software, ApparelMagic, LS Retail ehf, Uphance LLC, e4k Digital Agency, and Sage Software Solutions.

Key Industry Developments

• June 2023: Openbravo, a provider of cloud-based unified commerce platform for retail chains, declared the implementation of its store solution for SMCP Group. Over 200 stores in France and the Netherlands are currently utilizing Openbravo, and this number is expected to rise to approximately 350, encompassing stores in additional countries such as Ireland. Following the summer, all other stores are likely to gradually adopt Openbravo for managing the store operations of the four group brands.


• May 2022: Aptean, a global provider of essential business software solutions, acquired RLM Apparel Software Systems (RLM), a renowned provider of cloud-based software solutions tailored for fashion and apparel businesses. This acquisition resulted in Aptean’s expansion of cloud-based software for the fashion and apparel industry.