Global Menswear Market to Witness Rapid Expansion by 2021, Due to Rising Trend of Fashionable Men Apparels
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Menswear has been rapidly developing and evolving over the last couple of decades. Men, typically in the 20-35 years age group, are more inclined to the latest fashion trends and form an active group for marketers and manufacturers alike. Today the menswear market has an array of different categories like activewear, casual wear, outerwear, formalwear, and essentials. Retail stores have mostly catered to women's fashion in the past and are now struggling to keep up with the newly emerged demand from menswear.
Moreover, the study provides the market size, growth and forecasts at the global level as well as for several countries. Some of them include Algeria, United States, China, Denmark, France, Greece, Brazil, Germany, South Africa, Thailand, Saudi Arabia etc. The report then provides analysis of the markets that are divided into different kind of products and how different products groups are developing in these regions. The market has been segmented by following kind of products, such as Men's ensembles, Men's blazers and jackets; Men's suits; Men's Shirts, Men's Underpants; Men's nightwear; Men's overcoats; Men's swimwear; Men's shorts & trousers, and other menswear.
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One of the major trends for the market is rising trend of online shopping. Online shopping and the internet has made it easy for many vanity-conscious males to stay fashionable and trendy. Since male shoppers are opposed to frequenting to malls or stores for buying clothes, e-commerce comes as a boon to them. The study finds that the key players are dominating the global menswear market with their wide range of product lines and globally top-ranked fashion brands.
Currently, the global menswear market is characterized by the existence of well-diversified international and regional suppliers. With the above data mentioned in the report, market entrants who want to gain a comprehensive perspective on the global menswear market will be able to find new market opportunities and make more profitable business decisions.
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