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Global Menswear Market Research Report 2023-2028:
According to the latest report by IMARC Group, titled " Menswear Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-20 28
," the global menswear market size reached US$ 560.2 Billion in 2022.
Menswear refers to the clothing that is specifically designed for male consumers. These apparels are primarily manufactured using structured and durable fabrics. They can be made using a variety of materials, including cotton, nylon, polyester, rayon, wool and silk. They are characterized by neutral colors and more subdued embellishments, unlike women’s apparel.
Formals, casual, ethnic, sportswear and nightwear are some of the most commonly worn types of clothing. The product category for menswear includes shirts, t-shirts, trousers, denim, sweaters, jerseys, pullovers and sweatshirts.
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The market is primarily driven by the increasing fashion consciousness among consumers. The growing exposure to social media has resulted in the rising importance of personal appearance among men, which has further led to the growing awareness regarding the availability of rare and high-end brands. There has also been a considerable rise in the demand for customized and tailored clothing, which is creating a positive outlook for the market. Apart from this, the proliferating online retailing portals offering a wide range of products at an attractive price point and flexible payment and return/exchange policies are also driving the market growth. In line with this, strengthened by the widespread penetration of high-speed internet and strong supply chain facilities across the globe, individuals are now increasingly preferring to purchase apparel online. The market is further driven by aggressive promotional activities and marketing campaigns adopted by market vendors, including celebrity endorsements, to increase their sales and strengthen their market position. Moreover, numerous players are also launching ecological clothing made from organic materials due to the enhanced focus on sustainable development. This, along with the introduction of specialized menswear sections by various luxury brands, is providing an impetus to the market growth. Some of the other factors contributing to the market growth include the rising demand for occasion-specific clothing and the inflating disposable income of the masses.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/menswear-market
Key Market Segmentation
The research report includes the following segments:
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
• Asia Pacific
• Europe
• Latin America
• Middle East and 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.)
• etc
1. What is the expected growth rate of the global menswear market during 2023-2028?
2. What are the key factors driving the global menswear market?
3. What has been the impact of COVID-19 on the global menswear market?
4. What is the breakup of the global menswear market based on the product type?
5. What is the breakup of the global menswear market based on the season?
6. What is the breakup of the global menswear market based on the distribution channel?
7. What are the key regions in the global menswear market?
8. Who are the key players/companies in the global menswear market?
Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/menswear-market/toc
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