Tailoring and Alteration Services Market Size Worth $ 14,137.72 Million By 2032 | CAGR: 4.3%

Tailoring and Alteration Services Market Size Worth $ 14,137.72 Million By 2032 | CAGR: 4.3%


The global tailoring and alteration services market size is expected to reach USD 14,137.72 million by 2032, according to a new study by Polaris Market Research. The report “Tailoring and Alteration Services Market Share, Size, Trends, Industry Analysis Report, By Service (New Creations, Alterations, and Garment Repair); By Consumer Orientation; By Clothes Type; By Region; Segment Forecast, 2023-2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The continuous emergence of fashion trends worldwide that have boosted consumer penetration and prevalence to change their clothing styles and surging demand for various types of sustainable clothing options coupled with the growing incorporation of enhanced tailoring and alteration techniques are among the key factors fostering the global market growth. Moreover, rising investments by key market players towards the development of several innovations and changes in the work culture, like the shift from business attire to casual wear, have also been positively impacting the global market growth. For instance, in January 2023, Levi’s established a 3,400 sqft Singapore flagship store in ION Orchard. It offers basic alterations such as repairing hems of patching holes, & the store will help to reduce fashion waste & over-consumption.

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Digital tailoring has emerged as a rapidly emerging trend in the tailoring industry, where digital technology is used to take precise measurements and improve customized garments, enabling tailors to create accurate patterns and designs, resulting in high-quality finished products. Apart from this, with the rising popularity of on-demand services, service providers worldwide have also started to offer such services so that customers can place orders for customized garments online, and the tailor will deliver the finished product to their doorstep conveniently.

Major companies operating in the market are now leveraging artificial intelligence and machine learning technologies that enable tailors to create more accurate measurements and patterns and provide personalized recommendations to customers based on their preferences and body shape or size, which has positively influenced the market.

Tailoring and Alteration Services Market Report Highlights

  • New creation segment accounted for largest market share in 2022, on account of rise in the number of people who are more fashion conscious and opt for customized clothing
  • Female segment held the maximum market revenue share in 2022, which is mainly driven by high prevalence among female population for clothing that are tailored to their specific body size and shape
  • Casual wear segment is projected to grow at a significant CAGR during the anticipated period, mainly due to increasing popularity of casual clothes among global population due to its high convenient to wear
  • North America region dominated the global market with largest share in 2022, owing to increase consumer spending capacity on expensive clothes and high technological advancements in these services
  • The global key market players include Michael Andrews, Gieves & Hawkes, Look Smart Alterations, Huntsman & Sons, Alfred Dunhill, and Alteration Express

Polaris Market Research has segmented the tailoring and alteration services market report based on service, consumer orientation, clothes type, and region:

Tailoring and Alteration Services, Service Outlook (Revenue - USD Million, 2019 - 2032)

  • New Creations
  • Alterations
  • Garment Repair

Tailoring and Alteration Services, Consumer Orientation Outlook (Revenue - USD Million, 2019 - 2032)

  • Male
  • Female

Tailoring and Alteration Services, Clothes Type Outlook (Revenue - USD Million, 2019 - 2032)

  • Business Wear
  • Casual Wear
  • Others

Tailoring and Alteration Services, Regional Outlook (Revenue - USD Million, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

Tailoring and Alteration Services Market Report Scope

Report Attributes

Details

Market size value in 2023

USD 9,637.14 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.

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  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
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