Men’s Wear Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2024 to 2031)


Posted March 19, 2024 by mansi3210

The global men’s wear market is anticipated to grow at a CAGR of 5.6% during the forecast period.

 
The global men’s wear market is anticipated to grow at a CAGR of 5.6% during the forecast period. The major factor driving the growth of the men’s wear market includes a rapidly changing lifestyle coupled with the increasing purchasing power of the middle-class population. The increasing millennial population across the globe that is opting for luxury products is also influencing the growth of the men’s wear market.

Moreover, internet penetration is rising rapidly across the globe. According to the International Telecommunication Union estimates, by the end of 2019, 53.6% of the global population that accounts for the 4.1 billion people, are using the Internet. Therefore, online shopping trends are also significantly fostering the growth of the men’s wear market. In addition to this, the fashion influencers in social networking sites such as Facebook and Instagram are also increasing the popularity of various men’s wear among a large base of population. This is also anticipated to drive the growth of the men’s wear market during the forecast period.

To Request a Sample of our Report on Men’s Wear Market: https://www.omrglobal.com/request-sample/mens-wear-market

Men’s Wear Market Segmentation

By Product Type

Clothing
Accessories
Footwear
By Distribution Channel

Online
Offline
A full Report of Men’s Wear Market is Available @ https://www.omrglobal.com/industry-reports/mens-wear-market

Regional Analysis

North America

United States
Canada
Europe

UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific

India
China
Japan
South Korea
Rest of APAC
Rest of the World

Company Profiles

Adidas AG
Burberry Group Plc.
CANALI S.p.A.
FENDI S.r.l.
Gap Inc.
Gianni Versace S.r.l.
Giorgio Armani S.p.A.
Guccio Gucci S.p.A.
Haggar Clothing Co.
Harmont & Blaine S.p.A.
Hermès International SA
Hugo Boss AG
Levi Strauss & Co.
Louis Vuitton Malletier
Mack Weldon, Inc.
Nike, Inc.
Peter England (Aditya Birla Fashion & Retail Ltd.)
Prada S.p.A.
Ralph Lauren Corp.
Raymond Ltd.
Tom tailor
Under Armour Inc.
VF Corp.
Zara SA
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Categories Apparel , Business , Manufacturing
Last Updated March 19, 2024