Product Lifecycle Management in Apparel Market accounted for US$ 644.1 Mn in 2018 and is expected to
Product Lifecycle Management In Apparel Market to 2027 - Global Analysis and Forecasts by Type (CAD and CAM, PDM/CPDM); End-User (Retailers, Manufacturers, Others) The global retail industry is highly competitive and dynamic industry requiring retailers, manufacturers, and brands to innovate faster, provide products at competitive prices, and improve their brand equity. Increase in population growth and an upsurge in per capita spend across both emerging, and advanced economies are contributing to a remarkable change in the demand-and-supply equation. In the apparel industry, styles are short-term, so retailers, manufacturers, and brands strive to launch new product offerings every season to remain in intense competition. To remain in the competition, the apparel industry needs PLM software that is flexible, agile, user-friendly, and customizable.
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