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Menswear Market Trends, Scope, Demand, Opportunity and Forecast by 2024-2032

01-19-2024 07:06 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Menswear Market Trends, Scope, Demand, Opportunity

IMARC Group's report titled "๐Œ๐ž๐ง๐ฌ๐ฐ๐ž๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐›๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐“๐ฒ๐ฉ๐ž (๐“๐ซ๐จ๐ฎ๐ฌ๐ž๐ซ๐ฌ, ๐ƒ๐ž๐ง๐ข๐ฆ๐ฌ, ๐’๐ก๐ข๐ซ๐ญ๐ฌ ๐š๐ง๐ ๐“-๐’๐ก๐ข๐ซ๐ญ๐ฌ, ๐„๐ญ๐ก๐ง๐ข๐œ ๐–๐ž๐š๐ซ, ๐š๐ง๐ ๐Ž๐ญ๐ก๐ž๐ซ๐ฌ), ๐’๐ž๐š๐ฌ๐จ๐ง (๐’๐ฎ๐ฆ๐ฆ๐ž๐ซ ๐–๐ž๐š๐ซ, ๐–๐ข๐ง๐ญ๐ž๐ซ ๐–๐ž๐š๐ซ, ๐€๐ฅ๐ฅ-๐’๐ž๐š๐ฌ๐จ๐ง ๐–๐ž๐š๐ซ), ๐ƒ๐ข๐ฌ๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ (๐’๐ฎ๐ฉ๐ž๐ซ๐ฆ๐š๐ซ๐ค๐ž๐ญ๐ฌ ๐š๐ง๐ ๐‡๐ฒ๐ฉ๐ž๐ซ๐ฆ๐š๐ซ๐ค๐ž๐ญ๐ฌ, ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐ญ๐จ๐ซ๐ž๐ฌ, ๐Œ๐ฎ๐ฅ๐ญ๐ข-๐๐ซ๐š๐ง๐ ๐‘๐ž๐ญ๐š๐ข๐ฅ ๐Ž๐ฎ๐ญ๐ฅ๐ž๐ญ๐ฌ, ๐Ž๐ง๐ฅ๐ข๐ง๐ž ๐’๐ญ๐จ๐ซ๐ž๐ฌ, ๐š๐ง๐ ๐Ž๐ญ๐ก๐ž๐ซ๐ฌ), ๐š๐ง๐ ๐‘๐ž๐ ๐ข๐จ๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ".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.

๐…๐š๐œ๐ญ๐จ๐ซ๐ฌ ๐€๐Ÿ๐Ÿ๐ž๐œ๐ญ๐ข๐ง๐  ๐ญ๐ก๐ž ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐Ÿ ๐ญ๐ก๐ž ๐Œ๐ž๐ง๐ฌ๐ฐ๐ž๐š๐ซ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:

โ€ข ๐‚๐ก๐š๐ง๐ ๐ข๐ง๐  ๐‚๐จ๐ง๐ฌ๐ฎ๐ฆ๐ž๐ซ ๐๐ซ๐ž๐Ÿ๐ž๐ซ๐ž๐ง๐œ๐ž๐ฌ ๐š๐ง๐ ๐…๐š๐ฌ๐ก๐ข๐จ๐ง ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐Œ๐ž๐ง๐ฌ๐ฐ๐ž๐š๐ซ:

The global menswear market is witnessing a significant shift in consumer preferences and fashion trends. Traditionally, men's fashion was relatively stable, with classic styles dominating the scene. However, in recent years, there has been a remarkable transformation. Men are now more fashion-conscious, seeking a wide variety of clothing options that reflect their individuality and style. This shift can be attributed to various factors, including increased exposure to fashion through social media platforms, fashion influencers, and greater awareness about personal grooming. Men are now more open to experimenting with their clothing choices, embracing bold patterns, colors, and unconventional styles. This change in attitude has led to a rise in demand for niche menswear categories such as streetwear, athleisure, and sustainable fashion.

โ€ข ๐„-๐‚๐จ๐ฆ๐ฆ๐ž๐ซ๐œ๐ž ๐š๐ง๐ ๐ƒ๐ข๐ ๐ข๐ญ๐š๐ฅ ๐“๐ซ๐š๐ง๐ฌ๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง:

The digital revolution has had a profound impact on the menswear market. E-commerce platforms have become the preferred shopping destinations for many consumers, offering convenience, a wide range of choices, and personalized shopping experiences. The global pandemic further accelerated the shift toward online shopping, with many consumers opting for the safety and convenience of digital channels. E-commerce provides easy access to a vast array of menswear brands and also allows for seamless customization, virtual try-ons, and AI-driven recommendations. This enhances the overall shopping experience and encourages men to explore and purchase clothing online.

โ€ข ๐’๐ฎ๐ฌ๐ญ๐š๐ข๐ง๐š๐›๐ข๐ฅ๐ข๐ญ๐ฒ ๐š๐ง๐ ๐„๐ญ๐ก๐ข๐œ๐š๐ฅ ๐๐ซ๐š๐œ๐ญ๐ข๐œ๐ž๐ฌ:

Sustainability and ethical considerations are becoming paramount in the global menswear market. Concerns about the environmental impact of the fashion industry and labor practices have prompted consumers to seek out brands that prioritize ethical and sustainable production methods. Many menswear brands are responding by adopting sustainable sourcing of materials, reducing waste, and implementing eco-friendly manufacturing processes. This includes using organic and recycled fabrics, minimizing water usage, and reducing carbon emissions. These efforts resonate with environmentally conscious consumers and align with government regulations and international sustainability goals.

๐‹๐ž๐š๐๐ข๐ง๐  ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ ๐Ž๐ฉ๐ž๐ซ๐š๐ญ๐ข๐ง๐  ๐ข๐ง ๐ญ๐ก๐ž ๐†๐ฅ๐จ๐›๐š๐ฅ ๐Œ๐ž๐ง๐ฌ๐ฐ๐ž๐š๐ซ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:

โ€ข Adidas AG
โ€ข Burberry Group Plc
โ€ข Gap Inc
โ€ข Giorgio Armani S.p.A
โ€ข H&M Hennes & Mauritz AB
โ€ข Kering S.A.
โ€ข Levi Strauss & Co.
โ€ข Nike Inc.
โ€ข Prada S.p.A.
โ€ข PVH Corp.
โ€ข Ralph Lauren Corporation
โ€ข Zara S.A. (Industria de Diseรฑo Textil, S.A.)

๐…๐จ๐ซ ๐š๐ง ๐ข๐ง-๐๐ž๐ฉ๐ญ๐ก ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐ฒ๐จ๐ฎ ๐œ๐š๐ง ๐ซ๐ž๐Ÿ๐ž๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/menswear-market/requestsample

๐Œ๐ž๐ง๐ฌ๐ฐ๐ž๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐“๐ฒ๐ฉ๐ž:

โ€ข Trousers
โ€ข Denims
โ€ข Shirts and T-Shirts
โ€ข Ethnic Wear
โ€ข Others

Shirts and T-shirts dominate the market due to their versatility and widespread appeal, making them staple items in the wardrobe of majority individuals.

๐๐ฒ ๐’๐ž๐š๐ฌ๐จ๐ง:

โ€ข Summer Wear
โ€ข Winter Wear
โ€ข All-Season Wear

All-season wear holds maximum number of shares as it offers clothing that caters to consumer needs year-round, eliminating the need for seasonal wardrobe changes and appealing to a broader consumer base.

๐๐ฒ ๐ƒ๐ข๐ฌ๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ:

โ€ข Supermarkets and Hypermarkets
โ€ข Exclusive Stores
โ€ข Multi-Brand Retail Outlets
โ€ข Online Stores
โ€ข Others

Exclusive stores represent the largest segment due to their ability to create immersive brand experiences, offer personalized services, and maintain full control over product presentation, fostering a loyal consumer base and driving higher sales volumes.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐›๐ฒ ๐‘๐ž๐ ๐ข๐จ๐ง:

โ€ข North America (United States, Canada)
โ€ข Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
โ€ข Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
โ€ข Latin America (Brazil, Mexico, Others)
โ€ข Middle East and Africa

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐“๐Ž๐‚: https://www.imarcgroup.com/menswear-market

๐†๐ฅ๐จ๐›๐š๐ฅ ๐Œ๐ž๐ง๐ฌ๐ฐ๐ž๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

The global menswear market is influenced by cultural diversity and globalization. As the world becomes more interconnected, exposure to different cultures and fashion styles has increased. Men are increasingly open to incorporating elements of different cultures into their wardrobes. This trend has led to a rise in demand for menswear that incorporates ethnic patterns, fabrics, and designs, creating a global fusion of fashion. Brands that can tap into this multicultural trend and offer culturally inspired menswear collections can gain a competitive edge. Additionally, the rise of athleisure, a fashion trend that combines athletic and leisurewear, has had a significant impact on the menswear market. Modern lifestyles have become more casual, with men seeking comfortable and versatile clothing options that can seamlessly transition from the gym to everyday life. This has given rise to the popularity of activewear, comfortable sneakers, and loungewear.
Note: 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.

๐๐จ๐ญ๐ž: ๐ˆ๐Ÿ ๐ฒ๐จ๐ฎ ๐ง๐ž๐ž๐ ๐ฌ๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ญ๐ก๐š๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ž ๐ฌ๐œ๐จ๐ฉ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ž ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž ๐ข๐ญ ๐ญ๐จ ๐ฒ๐จ๐ฎ ๐š๐ฌ ๐š ๐ฉ๐š๐ซ๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐Ž๐ญ๐ก๐ž๐ซ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

โ€ข https://www.imarcgroup.com/barite-market
โ€ข https://www.imarcgroup.com/hazelnut-market
โ€ข https://www.imarcgroup.com/industrial-garnet-market
โ€ข https://www.imarcgroup.com/krill-oil-market
โ€ข https://www.imarcgroup.com/dairy-packaging-market
โ€ข https://www.imarcgroup.com/articulated-robot-market
โ€ข https://www.imarcgroup.com/commercial-aircraft-carbon-brakes-market
โ€ข https://www.imarcgroup.com/kombucha-tea-market
โ€ข https://www.imarcgroup.com/microgrid-market
โ€ข https://www.imarcgroup.com/respiratory-protective-equipment-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 |
United Kingdom: +44-753-713-2163

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

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.

IMARCs 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 companys expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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