
Published On: Feb 2024
Published On: Feb 2024
At 9.2% CAGR, the Asia Pacific Fashion Design Software Market is Projected to be Worth US$ 322.69 Million by 2030, Says Business Market Insights
According to Business Market Insights research, the Asia Pacific fashion design software market was valued at US$ 159.88 million in 2022 and is expected to reach US$ 322.69 million by 2030, registering a CAGR of 9.2% from 2022 to 2030. Increasing adoption of 3D design tools and growing trend of on-demand customization are among the critical factors attributed to the Asia Pacific fashion design software market expansion.
The need for greater efficiency, accuracy, and innovation in the garment design and production processes is increasing rapidly across the fashion industry. Fashion designers are turning to advanced computer-aided design (CAD) sketch tools such as Adobe Illustrator, Bluecherry, Browzwear, and C-Design Fashion to create, visualize, and modify designs more quickly and precisely than traditional flat sketches. These 3D design tools offer powerful features that allow designers to create multiple variations of a single design and adapt it to different materials and patterns without needing physical prototypes. This level of flexibility enables designers to be more creative and experimental, leading to many innovative and unique designs.
The comprehensive solutions offered by 3D design tools are also driving its popularity. These tools cover all stages of the clothing production process, ensuring seamless integration and communication between various stakeholders, from concept design to distribution. For instance, Blue Cherry provided software solutions for design and inventory management, supply chain, distribution, and cargo delivery, streamlining the entire fashion production cycle. The launch of z-weave, a specialized 3D garment design software, by z-emotion in April 2021 further shows the demand for advanced solutions in the apparel and soft goods industries has surged due to a convergence of factors that emphasize efficiency, innovation, and customer engagement. These software offerings cater to the unique needs of the fashion sector, boosting speed and reducing design and development costs while enhancing collaboration and decision-making processes among product developers and buyers. To bring cutting-edge fashion technology to the metaverse age, KINGBEAT Co., Ltd. and Realize Mobile Communications Corp., a group company of SoftBank Corp., have partnered. The companies will collaborate to introduce FASHION TECH TOKYO, a cutting-edge fashion service, in January 2023. With the use of volumetric video (3D holograms) and digital fashion, this service makes it possible to create 3D digital fashion for VR, AR, and the metaverse and to put on 3D fashion shows. Thus, the rising adoption of 3D design tools is driving the Asia Pacific fashion design software market.
On the contrary, rise in piracy threats hampers the growth Asia Pacific fashion design software market.
Based on type, the Asia Pacific fashion design software market is bifurcated into 2D software and 3D software. The 3D software segment held 64.2% share of the Asia Pacific fashion design software market in 2022, amassing US$ 102.71 million. It is projected to garner US$ 216.25 million by 2030 to expand at 9.8% CAGR during 2022-2030. The 2D software is further subsegmented into apparel, gaming, and media. The 3D software is further subsegmented into apparel, gaming, and media.
By end user, the Asia Pacific fashion design software market is segmented into enterprises, individuals, and institutions. The enterprises segment held 53.9% share of the Asia Pacific fashion design software market in 2022, amassing US$ 86.13 million. It is projected to garner US$ 167.11 million by 2030 to expand at 8.6% CAGR during 2022-2030.
Based on country, the Asia Pacific fashion design software market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China held 41.6% share of Asia Pacific fashion design software market in 2022, amassing US$ 66.53 million. It is projected to garner US$ 144.25 million by 2030 to expand at 10.2% CAGR during 2022-2030.
Key players operating in the Asia Pacific fashion design software market are Adobe Inc, Autometrix Inc, Browzwear Solutions Pte Ltd, CLO Virtual Fashion LLC, Optitex Ltd, Strategies SA, TG3D Studio Inc, and Tukatech Inc, among others.
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