Global Men's Wear Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Type;

Suits And Formal Wear, Office Wear, Casual Wear, Sportswear and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn283374638 Published Date: February, 2024 Updated Date: March, 2024

Introduction

Global Men's Wear Market (USD Million), 2020 - 2030

In the year 2023, the Global Men's Wear Market was valued at USD 659,874.56 million. The size of this market is expected to increase to USD 1,032,195.16 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 6.6%.

The global men's wear market stands as a dynamic sector within the broader fashion industry, reflecting a fusion of tradition and innovation, functionality and style. With an ever-evolving landscape shaped by shifting consumer preferences, cultural influences, and technological advancements, the men's wear market epitomizes versatility and adaptability. From classic tailored suits to casual streetwear, the market encompasses a diverse array of clothing categories, catering to the multifaceted lifestyles and fashion sensibilities of men worldwide.

Over the years, the men's wear market has witnessed significant growth driven by various factors, including increasing disposable incomes, changing social norms, and the rise of digital commerce. As men become more conscious of their appearance and seek apparel that not only fits well but also aligns with their personal brand and lifestyle, brands and retailers continually innovate to meet these evolving demands. Moreover, the blurring of boundaries between formal and casual attire, along with the growing influence of athleisure and sustainability trends, further reshapes the landscape of men's fashion.

In an era characterized by globalization and interconnectedness, the men's wear market transcends geographical boundaries, with trends originating from one corner of the globe swiftly influencing styles in another. From established fashion capitals like Paris, Milan, and New York to emerging hubs in Asia and Africa, the market thrives on diversity and cross-cultural exchange. As the industry navigates through challenges such as supply chain disruptions and changing consumer behaviors, opportunities for growth and innovation abound, underscoring the enduring relevance and dynamism of the global men's wear market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Region
  4. Global Men's Wear Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Shifting Fashion Preferences
        2. Digital Transformation
        3. Rise of Conscious Consumerism
        4. Influence of Social Media
      2. Restraints
        1. Economic Uncertainty
        2. Changing Demographics
        3. Intensifying Competition
        4. Supply Chain Disruptions
      3. Opportunities
        1. Customization and Personalization
        2. Focus on Comfort and Functionality
        3. Sustainable and Ethical Practices
        4. Expansion of Online and Omni-channel Retailing
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Men's Wear Market, By Type, 2022 - 2032 (USD Million)
      1. Suits And Formal Wear
      2. Office Wear
      3. Casual Wear
      4. Sportswear
      5. Others
    2. Global Men's Wear Market, By Geography, 2022 - 2032 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Gap Inc
      2. Aditya Birla Management Corporation Pvt. Ltd
      3. Industria de Diseño Textil, S.A
      4. Kering SA
      5. Nike Inc
      6. PVH Corp
      7. Adidas AG
      8. Burberry Group PLC
      9. Hermès International S.A
      10. H & M Hennes & Mauritz AB
      11. LVMH Moët Hennessy Louis Vuitton
  7. Analyst Views
  8. Future Outlook of the Market

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