The Fashion Design Software Market size is expected to reach US$ 744.67 million in 2022 and is expected to reach US$ 1334.20 million by 2030; it is estimated to record a CAGR of 7.6% from 2022 to 2030.
The Asia Pacific fashion design software market is segmented into the Australia, China, India, Japan, South Korea and Rest of APAC. China is estimated to hold the largest fashion design software market share during the forecast period. The fashion industry in China has been growing steadily, with an increasing part of the population having greater purchasing power than ever before and more interest in clothing as a form of fashion rather than just as a need. Fashion is one of China’s most lucrative industries, which reached US$ 266 billion in 2022. With this huge potential market, brands can attract more than 1 million consumers by focusing their marketing strategies on China. China’s apparel manufacturing industry has undergone a profound transition. The rising labor cost has shifted the sector toward a less labor-intensive and highly automated direction. Due to the growing disposable income, the average expenditure on clothes and shoes in China has surged over the past two decades. Also, Chinese consumers’ willingness to buy from domestic brands increased substantially. Adding to the ever-increasing demand for fashion, the prevalence of online shopping also boosted China’s apparel retailing sector. In 2020, more than one-third of the apparel sold in China was via online retail platforms. To improve consumers’ online shopping experience, Chinese apparel retailers have invested in innovative technologies. In spring 2020, China’s online retail leader Alibaba rolled out its first virtual dressing room. All such factors contribute to the fashion design software market growth in China.
Based on end user, the fashion design software market is segmented into enterprises, individuals, and institutions. The enterprises segment held the largest share in the fashion design software market. Fashion design software is increasingly used by individuals such as fashion designers, game designers, and graphic designers to create highly detailed and realistic 3D models of their designs. With 3D software, designers can create digital prototypes and visualize their designs in three dimensions, allowing for more accurate and precise design decisions. Fashion designers, in particular, use 3D software to create virtual samples of their designs, reducing the need for physical prototypes and saving time and resources. This also allows designers to experiment with different designs and materials, helping them to refine their designs and improve the overall quality of their products, propelling the fashion design software market growth. Game designers use the software to create highly realistic game character models and clothing. With 3D software, designers can create detailed 3D models of characters and clothing, which can be animated and rendered in real time, allowing for more immersive and realistic gaming experiences. Graphic designers use 3D software to create visualizations and renderings of their designs, which can be used in advertising, marketing, and other visual media. With 3D software, designers can create highly detailed and realistic renderings of products, helping to improve their visual appeal and attract more customers. For instance, Nike used 3D fashion design software to create a virtual shoe customization experience for their customers on their website. Thus, increasing usage of 3D software augments the fashion design software market growth.
Fashion design software has become an integral part of many institutions involved in the fashion industry. These institutions include fashion design schools, clothing manufacturing companies, and fashion retailers. At fashion design schools, students use 3D fashion design software to create virtual garments and accessories, which can be manipulated to achieve the desired look and fit. This software allows students to experiment with different styles, fabrics, and colors without needing physical materials, which can be costly and time-consuming. Clothing manufacturing companies use 3D fashion design software to streamline their production processes. They can create virtual prototypes of garments, which can be tested and adjusted before starting any physical production. This saves time and money and reduces waste, thereby decreasing environmental impact. Fashion retailers use 3D fashion design software to create virtual storefronts and showcase their products online. This allows customers to see how the clothes look and fit without visiting a physical store. For instance, the Fashion Institute of Technology in New York City offers courses in 3D fashion design using software such as CLO 3D and Optitex. All such factors contribute to the fashion design software market growth.
Adobe Inc, Autometrix Inc, Browzwear Solutions Pte Ltd, CLO Virtual Fashion LLC, Lectra SA, Harper Arrington Publishing LLC, Optitex Ltd, Strategies SA, TG3D Studio Inc, and Tukatech Inc. are among the key Fashion Design Software Market players that are profiled in this market study.
The overall Fashion Design Software Market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the Fashion Design Software Market size. The process also helps obtain an overview and forecast of the fashion design software market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the Fashion Design Software Market.