The latest report by IMARC Group, titled “Menswear Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, offers a comprehensive analysis of the industry, which comprises insights on the global menswear market growth. The global market size reached US$ 560.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 792.0 Billion by 2028, exhibiting a growth rate (CAGR) of 6.08% during 2023-2028.
Menswear refers to clothing and various accessories tailored and designed specifically for men. It comprises a wide range of apparel items, such as suits, trousers, shirts, t-shirts, jeans, jackets, blazers, coats, sweaters, and sweatshirts. It also includes various accessories, such as ties, belts, watches, hats, and shoes. It is sold by manufacturing companies to cater to the occasions and needs and preferences of men, ranging from formal and business attire to casual and streetwear. It is designed to provide comfort and style and made from materials that feel comfortable and allow easy movement. It is also manufactured with durable and long-lasting fabrics, which can withstand wear and tear.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/menswear-market/requestsample
Menswear Market Trends and Drivers:
At present, the increasing demand for menswear due to the rising fashion consciousness among men represents one of the key factors influencing the market positively. Besides this, the growing number of e-commerce brands and distribution channels selling affordable menswear items in a wide variety of designs and color options is offering a favorable market outlook. In addition, the increasing adoption of effective marketing methods by menswear brands, such as social media marketing, to connect with the targeted customers and boost product sales is propelling the growth of the market. Moreover, key market players are providing regular sales, special discounts, and attractive offers on their menswear collection, which is bolstering the growth of the market.
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Product Type:
- Trousers
- Denims
- Shirts and T-Shirts
- Ethnic Wear
- Others
Breakup by Season:
- Summer Wear
- Winter Wear
- All-Season Wear
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Exclusive Stores
- Multi-Brand Retail Outlets
- Online Stores
- Others
Breakup by Region:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
Competitive Landscape With Key Players:
- Adidas AG
- Burberry Group Plc
- Gap Inc
- Giorgio Armani S.p.A
- H&M Hennes & Mauritz AB
- Kering S.A.
- Levi Strauss & Co.
- Nike Inc.
- Prada S.p.A.
- PVH Corp.
- Ralph Lauren Corporation
- Zara S.A. (Industria de Diseño Textil, S.A.)
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Email: [email protected]
Follow us on Twitter: @imarcglobal