List of Top 10 Garment Manufacturing Companies in the World 2023

 

List of Top 10 Garment Manufacturing Companies in the World 2023

List of Top 10 Garment Manufacturing Companies

Garment sector is considered as the most profitable business sector in the world today. The economic status of any country in the world can be measured by its production rate. Garment manufacturing companies are improving their country's image by removing negative perceptions.

Here is a list of the top 10 largest apparel manufacturing companies in the world Those are:

1. TJX Company (Framingham, MA, USA)

2. Lululemon Athletica (Vancouver, Canada)

3. VF Corporation

4. Shenzhou International Group Holdings (Ningbo, Zhejiang, China)

5. Zalando (SE. Berlin, Germany)

6. Prada (Milan, Italy)

7. Tore Industries (Chuo City, Tokyo, Japan)

8. Under Armor (Baltimore, MD, USA)

9. Ralph Lauren Corporation (New York, NY, USA)

10. PVH Corporation (New York, NY, USA)

Above top 10 largest apparel manufacturing companies are described below

1. TJX Company (Framingham, MA, USA):

TJX is one of the leading textile companies in the United States. The company consists of seven retail chains and four e-commerce sites. It retails apparel and home fashion worldwide. TJX currently operates more than 4,500 stores in nine countries on three continents. There are several subsidiaries under TJX.

2. Lululemon Athletica (Vancouver, Canada):

Lululemon Athletica is a Canadian garment company specializing in yoga and general sports apparel and accessories. It has also expanded into making hair accessories, bags, yoga mats, water bottles etc The company trademarked its original fabric in 2005 Over the past two decades, Lululemon has made multiple appearances on Fortune's Fastest Growing Companies list

3. VF Corporation:

VF Corporation started out with silk underwear in the early 1900s and became the world's largest jeans manufacturer by the 1980s. VF Corporation is a conglomerate of over 30 brands in the outdoor, active wear and work wear categories. Although the current corona pandemic has reduced the market value of VF Corporation, it is still one of the most competitive companies in the textile industry.

4. Shenzhou International Group Holdings (Ningbo, Zhejiang, China):

This company is a China based apparel manufacturer. Shenzhou International Group claims it is "China's largest vertically integrated knitwear manufacturer." It also provides manufacturing, dyeing, finishing, printing, embroidery, cutting and swing departments along with packing and logistics services for knitwear and other fabric-related materials. This garment manufacturing company was established in 2005 in Hong Kong. The company's product categories are primary sportswear, casual wear and underwear. Notable products include jackets, vests, trousers, pants, t-shirts, tops and dresses.

5. Zalando (SE. Berlin, Germany):

Zalando SE is a multinational e-commerce company that offers clothing, sports goods, bags, footwear and other accessories in 17 countries. Today, this company is considered one of the top textile companies in Europe. Zalando was founded in 2007 as Ifansho, later renamed. Originally, the company worked with shoes before adding apparel items to its portfolio. Currently, the company operates in 17 countries. Focusing on infrastructural development to sustain the growing digital market of fashion.

6. Prada (Milan, Italy):

Prada is a well-known, high-end luxury brand. It manufactures leather handbags, perfumes, shoes, cosmetics, glasses, watches and other luxury fashion products. Mario Prada founded the company in 1913. Six years later, Prada received the prestigious honor of being awarded the title of Official Supplier of the Italian Royal House. which allows the company to display the House of Savvy quote on its trademark logo. Since then, Prada has established itself as one of the most iconic fashion brands in fashion history. It is one of the largest textile companies in the world today.

Located in Milan, Italy. The previous market value (January 2020) was $12.54 billion which later managed to reach $16.90 billion in January 2022.

7. Toray Industries (Chuo City, Tokyo, Japan):

Apart from plastics and chemicals, Toray began its journey by producing industrial fibers and textiles. Since its inception, it has diversified into other industries including pharmaceuticals, biotechnology, medical products, water treatment membranes, electronics and IT products. The activities of this company include: Fibers and Textiles, Carbon Fiber Composite Materials, Functional Chemicals, Life Sciences, Environment and Engineering etc. Toray was founded in 1926. The company operates in 19 countries from 1928 to 2022. The company is currently the world's largest producer of carbon fiber. Toray is one of the largest manufacturers of synthetic fibers in Japan.

8. Under Armor (Baltimore, MD, USA):

Under Armor is a well-known active wear brand in the United States. The company manufactures footwear, sportswear, sports equipment and toiletries. Under Armor was founded in 1996 by Kevin Plank. Kevin Plank was a former captain of the University of Maryland football team. Planck's goal was to create a new synthetic fabric that would wick moisture away from the body instead of soaking it in sweat in a regular T-shirt worn under a jersey. The brand's journey began in founder Kevin Plank's grandmother's basement. Under Armor got its first big break in 1999 when Warner Bros approached the company with orders for two feature films - Annie Given Sunday and The Replacement Outfit. Under Armor's business continued to grow from there as it worked with major sports youth, companies and athletes over the next few decades.

9. Ralph Lauren Corporation (New York, NY, USA): Ralph Lauren Corporation in apparel, accessories, home textiles and perfumery

The global leader is also known for manufacturing high end luxury products with brand names like Polo which is a globally recognized brand. Ralph Lauren Corporation was first started in 1967. Ralph Lauren, then 28, introduced a new neckline under the Polo label. Ralph Lauren started the business by selling his designs from a drawer in the Empire State Building. He became an American cultural icon. He resigned as CEO of his company in 2015. Yet his brand has fierce competition among fashion retailers on the globe stage.

10. PVH Corporation (New York, NY, USA):

PVH Corporation was formerly known as Phillips-Van Heusen Corporation. This company currently operates in more than forty countries. Focus on producing high end fashion items and lifestyle. PVH began in 1881 in the US state of Pennsylvania as a shirt mending and sales operation for coal mines. The company has a history of 140 years, but is known as a powerhouse in the global fashion industry, even though the market revenue decreased last year due to the corona.

Conclusion:

The apparel sector is leading the economy in today's world. It is considered the primary growth of the financial development sector. Big garment companies have been producing different types of products besides clothes. In today's world, apparel manufacturing companies contribute significantly to economic growth. So, it is necessary to ensure supply of modern machinery to the companies and ensure that quality and quantity of products are maintained.

References:

1. https://tukatech.com/garment-manufacturing-company-timex-and-fergasam-wins-all-star-award/

2. https://www.crunchbase.com/organization/shenzhou-international-group-holdings

3. https://textiletutorials.com/top-10-textile-manufacturing-companies-in-world/

4. https://www.statista.com/statistics/831185/revenues-of-the-largest-global-apparel-companies/

5. https://www.zippia.com/advice/largest-textile-companies/

6. https://www.goldgarment.vn/2019/12/top-10-garments-factory-in-world.html

What are the top 10 garment companies in the world?

According to brand value rankings for 2022, the top 10 global apparel brands are Nike, Louis Vuitton, Gucci, Chanel, Adidas, Hermès, Zara, H&M, Cartier, and UNIQLO. The clothing market, commonly referred to as the garment industry, consists of a variety of clothing items, from sportswear to formal attire to casual clothing to luxury goods.

Who is the largest garment manufacturer in Bangladesh?

Ha-Meem Group, a prominent wholesale clothing company in Bangladesh, was established in 1984. The company is renowned for producing chic denim fabrics. One of the biggest garment manufacturers in the world, the company has over 50,000 workers and a number of manufacturing facilities in Bangladesh.

Which brand apparel is best?

Best clothing brands in India

1. Pepe Jeans. Nitin, Arun, and Milan Shah – three brothers of Indian origins opened the first store in London in 1973, named it Pepe Jeans. ...

2. FabIndia. FabIndia is a well-known clothing brand, opened in 1975 by John Bissell. ...

3. Flying Machine. ...

4. Peter England. ...

5. Wrangler. ...

6. Van Heusen. ...

7. Allen Solly. ...

8. Levi's.