Menswear Market Growth, Demand and Challenges of the Key Industry Players 2024-32


MARKETRESEARCH

Uploaded on Jul 18, 2024

Category Business

According to the latest research report by IMARC Group, The global menswear market size reached US$ 593.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 948.4 Billion by 2032, exhibiting a growth rate (CAGR) of 5.2% during 2024-2032. More Info:- https://www.imarcgroup.com/menswear-market

Category Business

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Menswear Market Growth, Demand and Challenges of the Key Industry Players 2024-32

Global Menswear Market Research and Forecast Report 2024- 2032 Format: PDF+EXCEL © 2023 IMARC All Rights Reserved About IMARC Group In ternat ional Market Analys is Research and Consul t ing Group is a leading adv iser on management s t rategy and market research wor ldwide. We par tner wi th c l ients in a l l regions and indust ry vert ica ls to ident i fy thei r h ighest -value oppor tuni t ies, address thei r most cr i t ica l chal lenges, and t ransform thei r bus inesses. IMARC’s in format ion products inc lude major market , sc ient i f ic , economic and technological developments for bus iness leaders in pharmaceut ica l , indust r ia l , and h igh technology organizat ions. Market forecasts and indust ry analys is for b iotechnology, advanced mater ia ls , chemicals , food and beverage, t ravel and tour ism, nanotechnology and novel process ing methods are at the top of the company’s exper t ise. IMARC’s ta i lored approach combines unfathomable ins ight in to the dynamics o f companies and markets wi th c lose cooperat ion at a l l levels of the c l ient organizat ion. This ensures that our c l ients achieve unmatchable compet i t ive advantage, bui ld more pro f ic ient organizat ions, and secure las t ing resul ts . Accord ing to the la tes t repor t by IMARC Group , t i t l ed "Menswear Market : Globa l Industry Trends, Share , S ize , Growth, Opportuni ty and Forecas t 2024 -2032 ," the g loba l menswear marke t s ize reached US$ 593 .5 B i l l i on in 2023 . Report Factors Af fect ing the Growth of the Menswear Industry: Consumer Li festyle Changes: Highlight and The menswear indus t ry has been g rea t l y in f luenced by sh i f t s i n consumer hab i ts , pa r t i cu la r ly t he r i s ing emphas is on persona l g rooming and s t y le cho ices among men. Th is evo lu t ion has led to a no tab le inc rease in the Description demand fo r a w ide va r ie t y o f menswear op t ions , rang ing f rom la id -back and a th le t i c ou t f i t s to luxur ious des igne r appare l . Men a re now more open to exper imen t ing w i th va r ious fash ion t rends and s tay ing up - to -da te w i th the la tes t s ty les , con t r ibu t ing to the expans ion o f t he menswear marke t . Add i t iona l l y , the inc reas ing focus on hea l th and f i tness is gene ra t ing in te res t i n t rendy ac t ivewear and spor t y c lo th ing among consumers . Significant Technological Advancements: Technological advancements have revolut ionized the way men shop for c loth ing, o f fer ing personal ized and convenient opt ions. Onl ine plat forms and socia l media play a crucia l ro le in inf luencing t rends and preferences in menswear. Report Features l ike v i r tua l t ry-ons, AI-generated sty le recommendat ions, and access to g lobal brands have made shopping more appeal ing Highlight and and hassle- f ree. This in tegrat ion of technology wi th the shopping exper ience not on ly enhances consumer engagement but a lso dr ives Description sales growth, fue l ing the industry 's expansion. Moreover, advancements in fabr ic technology have improved the qual i ty and funct ional i ty of products, a t t ract ing a broader customer base. Significant Rise of E-commerce and Omnichannel Retail ing: The wor ld of men's fashion has seen a s igni f icant t ransformat ion due to the increasing popular i ty o f on l ine shopping and the adopt ion of omnichannel reta i l s trategies. The ava i lab i l i t y o f d i ve rse menswear op t ions on e -commerce p la t fo rms has led to a no tab le inc rease in consumer spend ing w i th in th is sec to r . By seamless ly comb in ing on l ine and o f f l ine shopp ing exper iences th rough omn ichanne l approaches , cus tomers a re p rov ided w i th a conven ien t and en joyab le shopp ing Report j ou rney , d r iv ing g rowth in the indus t ry . Moreover , u t i l i z ing soc ia l med ia marke t ing and par tne r ing w i th in f luencers i s essen t ia l f o r enhanc ing b rand exposure and connec t ing w i th consumers , u l t ima te ly advanc ing the indus t ry ' s Highlight and success . Description Request for a PDF sample o f th is repor t : h t tps : / /www. imarcgroup .com/menswear-marke t / reques tsamp le Report Description Global Menswear Market Trends: The men's fash ion industry is exper iencing s ign i f icant growth, dr iven by men's growing in terest in sty le and the r ise o f on l ine shopping. One not iceable change is the increasing var ie ty o f men's fash ion s ty les ava i lab le , cater ing to d i f ferent preferences f rom formal to casual and s treetwear . Consumers are pr ior i t iz ing susta inabi l i ty and eth ica l pract ices, lead ing many brands to adopt eco- f r iend ly mater ia ls and product ion techniques. Addi t iona l ly , technolog ica l advancements such as v i r tua l f i t t ing rooms and persona l ized shopping exper iences are t ransforming the on l ine shopp ing exper ience for men's c lo th ing. Soc ia l med ia in f luencers and ce lebr i t ies are a lso in f luenc ing t rends and encouraging consumers to update the i r wardrobes more f requent ly . View Report TOC, F igures and Tables : ht tps: / /www.imarcgroup.com/menswear-market Breakup by Product Type: • Trousers • Denims • Shirts and T-Shirts • Ethnic Wear • Others Report Segmentation Breakup by Season: • Summer Wear • Winter Wear • All -Season Wear Breakup by Distribution Channel: • Supermarkets and Hypermarkets • Exclusive Stores • Multi -Brand Retai l Outlets • Online Stores • Others Report Breakup by Region: • North America Segmentation • Asia-Pacifi c • Europe • Latin America • Middle East and Afr ica • Adidas AG • Burberry Group Plc • Gap Inc • Giorgio Armani S.p.A Competitive • H&M Hennes & Maur itz AB Landscape • Kering S.A. • Levi Strauss & Co. with Key • Nike Inc. Players • Prada S.p.A. • PVH Corp. • Ralph Lauren Corporat ion • Zara S.A. ( Industr ia de Diseño Text i l , S.A.) What was the size of the global menswear market in 2023? What is the expected growth rate of the global menswear market during 2024-2032? What are the key factors driving the global menswear market? Key What has been the impact of COVID-19 on the global Questions menswear market? Answered in What is the breakup of the global menswear market based on the product type? the Report What is the breakup of the global menswear market based on the season? What is the breakup of the global menswear market based on the distribution channel? What are the key regions in the global menswear market? Who are the key players/companies in the global menswear market? 1 P r e f a c e 2 S c o p e a n d M e t h o d o l o g y 2 . 1 O b j e c t i v e s o f t h e S t u d y 2 . 2 S t a k e h o l d e r s 2 . 3 D a t a S o u r c e s 2 . 3 . 1 P r i m a r y S o u r c e s 2 . 3 . 2 S e c o n d a r y S o u r c e s 2 . 4 M a r k e t E s t i m a t i o n Table of 2 . 4 . 1 B o t t o m - U p A p p r o a c h 2 . 4 . 2 T o p - D o w n A p p r o a c h 2 . 5 F o r e c a s t i n g M e t h o d o l o g y 3 E x e c u t i v e S u m m a r y 4 I n t r o d u c t i o n Contents 4 . 1 O v e r v i e w 4 . 2 K e y I n d u s t r y T r e n d s5 G l o b a l M e n s w e a r M a r k e t 5 . 1 M a r k e t O v e r v i e w 5 . 2 M a r k e t P e r f o r m a n c e 5 . 3 I m p a c t o f C O V I D - 1 9 5 . 4 M a r k e t F o r e c a s t 6 M a r k e t B r e a k u p b y P r o d u c t T y p e 6 . 1 T r o u s e r s 6 . 1 . 1 M a r k e t T r e n d s 6 . 1 . 2 M a r k e t F o r e c a s t 6 . 2 D e n i m s 6 . 2 . 1 M a r k e t T r e n d s 6 . 2 . 2 M a r k e t F o r e c a s t 6 . 3 S h i r t s a n d T - S h i r t s 6 . 3 . 1 M a r k e t T r e n d s 6 . 3 . 2 M a r k e t F o r e c a s t 6 . 4 E t h n i c W e a r 6 . 4 . 1 M a r k e t T r e n d s 6 . 4 . 2 M a r k e t F o r e c a s t 6 . 5 O t h e r s 6 . 5 . 1 M a r k e t T r e n d s 6 . 5 . 2 M a r k e t F o r e c a s t 7 M a r k e t B r e a k u p b y S e a s o n 7 . 1 S u m m e r W e a r 7 . 1 . 1 M a r k e t T r e n d s 7 . 1 . 2 M a r k e t F o r e c a s t Table of 7 . 2 W i n t e r W e a r 7 . 2 . 1 M a r k e t T r e n d s 7 . 2 . 2 M a r k e t F o r e c a s t 7 . 3 A l l - S e a s o n W e a r Contents 7 . 3 . 1 M a r k e t T r e n d s 7 . 3 . 2 M a r k e t F o r e c a s t 8 M a r k e t B r e a k u p b y D i s t r i b u t i o n C h a n n e l 8 . 1 S u p e r m a r k e t s a n d H y p e r m a r k e t s 8 . 1 . 1 M a r k e t T r e n d s 8 . 1 . 2 M a r k e t F o r e c a s t 8 . 2 E x c l u s i v e S t o r e s 8 . 2 . 1 M a r k e t T r e n d s 8 . 2 . 2 M a r k e t F o r e c a s t 8 . 3 M u l t i - B r a n d R e t a i l O u t l e t s 8 . 3 . 1 M a r k e t T r e n d s 8 . 3 . 2 M a r k e t F o r e c a s t 8 . 4 O n l i n e S t o r e s 8 . 4 . 1 M a r k e t T r e n d s 8 . 4 . 2 M a r k e t F o r e c a s t F o r m o r e i n f o r m a t i o n , v i s i t : h t t p s : / / w w w. im a rcg ro u p . co m / m e n sw e a r- m a r ke t / t o c Partial List of Clients Partial List of Clients Disclaimer © 2024 IMARC Al l R ights Reserved Th is Pub l i ca t ion and a l l i t ’ s con ten ts un less o therw ise men t i oned a re copy r i gh ted in the name o f I n t e rna t i ona l Marke t Ana lys i s Research and Consu l t ing ( IMARC) . 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