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The Future of Apparel – Disruptive Tech Themes

This collection of reports takes a look into the disruptive themes impacting the apparel industry. The reports included are Circular Economy in Apparel, Wearable Technology in Apparel, Long-Term Impact of COVID-19 on Apparel Industry, ESG (Environmental, Social, and Governance) in Retail and Apparel. The reports provide an overview of , the impacts of COVID-19, and highlights the players that have invested in, or are set to benefit from, technological themes. The report also outlines the technology, macroeconomic and regulatory trends within this theme, and analyses key companies making their mark within the themes.

Scope

GlobalData provides insight into the theme of circular economy within the apparel sector. The report provides an overview of what the circular economy is, why it is important to apparel retailers, suppliers, and consumers, and why it needs to become a core focus of apparel businesses.

GlobalData explores the initiative of wearable tech and focusses on the impact that this will have on the apparel market. The report provides an overview of wearable tech and the essential components needed in its creation whilst also exploring the key leaders and adopters of such technology within the apparel space.

GlobalData provides insight into how COVID-19 will affect the global apparel industry in the long-term. The report provides an overview of the challenges that have emerged as a result of COVID-19, strategic responses undertaken by retailers, and the key winners and losers.

GlobalData provides insight into the theme of ESG within the retail and apparel sector. The report provides an overview of what the ESG is, what factors make up each element of E S and G, why it is important to the retail and apparel industry and why it needs to become a core focus for retail and apparel operators going forward.

 

Key Highlights

Circular economy has gained recognition across a larger section of society, including both consumers and retailers, due to the urgency to act upon climate change.

Smart clothing is gaining traction from both consumers and companies due to the increasing interest toward health and fitness and consumers demand for interconnected things. Advancements in sensor technologies and the development of advanced materials such as nanofibers, hybrid materials and electronic wools are driving growth in the smart clothing sector of the apparel market.

Artificial intelligence and internet of things (IoT) are few of the key technology trends impacting the ESG theme in retail and apparel. Refrigeration uses the most energy in a supermarket, accounting for up to 60% of the total electricity consumed annually. Thanks to advancements in technology, the amount of energy use in refrigeration is falling. Vehicles are responsible for the most emissions in processing online orders hence the delivery companies are shifting towards electric vehicles.

Reasons to Buy

Gain a better understanding of the circular economy theme, how this is leading to changes in the apparel market and gain insight into the players that are set to benefit from the rising importance of this theme.

Provides an overview of wearable tech in the apparel market helping you to understand the landscape of your business.

Understand how COVID-19 will impact apparel industry dynamics in the long-term.

Gain a better understanding of the ESG theme and how it’s shaping the retail and apparel markets.

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