Did you know that clothing is one of the most attractive industries in the world due to its constant high demand?

A Statista report stated that the global clothing industry generated revenue of $1.6 trillion in 2022 and is projected to reach $1.7 trillion in 2023. 

This implies a 13.7% increase in year-on-year revenue. 

Another report offered encouraging news for those in the US clothing business. 

According to this report, the US clothing sector contributed $312 billion to global revenue in 2022, securing its position as the largest clothing market in the world. 

From these reports, we can infer that the circumstances are favorable for those wanting to invest in the clothing business. 

Before we dive into further details, let’s first explore how the market is segmented.

Segmentation of the Clothing Market

Clothing is a vast market with several segments. Some of the major ones are as follows:

On the Basis of Type

The clothing market is divided into three major sectors based on type:

• Women's wear
• Men's wear
• Kids wear
  
  

On the Basis of Distribution Channel

Based on distribution channels, the clothing market is split into two main sectors:

• Retail stores
• Online stores
  
  

On the Basis of Fiber Type

Lastly, the clothing market is segmented into four main sectors based on fiber type:

• Man-made fiber
• Cotton fiber
• Animal-based fiber
• Vegetable-based fiber
  
  

For a closer look at this market, let’s examine some of the latest industry trends.

Latest Trends in the Clothing Industry

The clothing industry is an ever-evolving sector. Here are some of the latest trends that businesses can capitalize on:

• Rising e-commerce
• Growing demand for athleisure
• Sustainable clothing
• Resale-friendly apparel
  
  

Now, with knowledge of the clothing industry’s segmentation and the current trends, let's delve into the factors one should consider before choosing a clothing wholesaler.

Choosing a Clothing Wholesaler

Choosing the right wholesaler is crucial for your business. Here’s how you can make an informed decision:

Product Variety

Clothing is manufactured using various styles and fabrics. Cotton, man-made, animal-based, and vegetable-based fibers are all employed to produce different items of clothing. Ensure that your chosen wholesaler provides a comprehensive selection to cater to your specific order requirements.

If your focus is on a niche segment of the clothing market, consider partnering with a specialty wholesaler tailored to that specific area.

Product Quality

Most consumers purchase clothing for long-term use. Selling low-quality clothing that wears out quickly can tarnish your business's reputation. To analyze the quality of clothing, consider the following metrics:

• Color
• Fabric weave
• Thread count
• Fabric finish
• Transparency
• Stitching
  
  

Minimum Order Quantity

Minimum Order Quantity (MOQ) is vital for both retailers and wholesalers. For retailers, meeting or exceeding the MOQ often allows them to secure products at a more favorable price per unit. For wholesalers, MOQ helps cover delivery costs and maintains profit margins that might be compromised with smaller orders. 

It's a bonus for retailers if the wholesaler allows purchases of various styles, fabrics, and colors within the minimum order.

Delivery Time

In the clothing business, a wholesaler with a shorter delivery time is ideal. This is especially crucial when a new product launches. As consumers rush to buy the latest items, shelves can empty quickly. In such cases, a timely wholesaler can be invaluable.

All that remains is to find the right place to select an appropriate wholesaler.

Where to Find a Good Clothing Wholesaler?

Several methods can connect you with a suitable clothing wholesaler. Attending trade shows, and wholesale exhibitions, and relying on referrals are just a few options.

However, one efficient way to find a wholesaler, saving both time and resources, is through online B2B marketplaces. Some of the prominent features of these platforms include:

• Connecting with multiple vendors under one roof
• Conveniently comparing product varieties
• Communicating with wholesalers from different regions
• Order tracking
• Transparent payment systems
  
  

With the right knowledge and approach, clothing wholesalers can be invaluable partners in scaling up your business in the expansive world of fashion and apparel.