The global market for Men’s Apparel is estimated at US$557.5 Billion in 2023 and is projected to reach US$762.6 Billion by 2030, growing at a CAGR of 4.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Technology is poised to play a transformative role in the future of menswear, bringing numerous benefits to both consumers and the industry. One of the most significant advancements is the integration of smart fabrics and wearable technology into clothing. These innovations offer enhanced functionality, such as adaptability to changing weather conditions, moisture-wicking properties, and integrated fitness tracking. These innovations not only enhance the functionality of men`s apparel but also cater to the growing demand for performance and activewear. The use of durable materials and advanced manufacturing techniques also ensures that men`s clothing can withstand wear and tear, extending the lifespan of garments. Sustainability is emerging as important trends in the men’s apparel market. Consumers are becoming more environmentally conscious and are seeking out sustainable and ethically produced clothing. Brands are responding by incorporating eco-friendly materials, adopting sustainable manufacturing practices, and emphasizing transparency in their supply chains. Looking ahead, technology will play a crucial role in advancing menswear, offering enhanced functionality, durability, and personalized options. This dynamic industry is set to continue its upward trajectory, supported by innovation and a growing consumer base.
Technology is poised to play a transformative role in the future of menswear, bringing numerous benefits to both consumers and the industry. One of the most significant advancements is the integration of smart fabrics and wearable technology into clothing. These innovations offer enhanced functionality, such as adaptability to changing weather conditions, moisture-wicking properties, and integrated fitness tracking. These innovations not only enhance the functionality of men`s apparel but also cater to the growing demand for performance and activewear. The use of durable materials and advanced manufacturing techniques also ensures that men`s clothing can withstand wear and tear, extending the lifespan of garments. Sustainability is emerging as important trends in the men’s apparel market. Consumers are becoming more environmentally conscious and are seeking out sustainable and ethically produced clothing. Brands are responding by incorporating eco-friendly materials, adopting sustainable manufacturing practices, and emphasizing transparency in their supply chains. Looking ahead, technology will play a crucial role in advancing menswear, offering enhanced functionality, durability, and personalized options. This dynamic industry is set to continue its upward trajectory, supported by innovation and a growing consumer base.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Trousers segment, which is expected to reach US$198.1 Billion by 2030 with a CAGR of a 6.0%. The Suits, Blazers & Coats segment is also set to grow at 3.1% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $147.4 Billion in 2023, and China, forecasted to grow at an impressive 7.1% CAGR to reach $165.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Men’s Apparel Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Men’s Apparel Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Men’s Apparel Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Arvind Ltd., Benetton Group Srl, Bombay Dyeing & Manufacturing Co., Ltd., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 226 Featured):
- Arvind Ltd.
- Benetton Group Srl
- Bombay Dyeing & Manufacturing Co., Ltd.
- Bruno Banani Underwear GmbH
- Calvin Klein, Inc.
- Gap, Inc.
- G-III Apparel Group Ltd.
- Giorgio Armani SpA
- Guccio Gucci SpA
- Guess, Inc.
- Helly Hansen AS
- Hugo Boss AG
- Levi Strauss & Co.
- Marni Group Srl
- Nike, Inc.
- Perry Ellis International, Inc.
- PVH Corporation
- Raymond Ltd.
- Reebok International Ltd.
- Thanulux Public Company Limited
- Valentino SpA
- Zumiez, Inc.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Arvind Ltd.
- Benetton Group Srl
- Bombay Dyeing & Manufacturing Co., Ltd.
- Bruno Banani Underwear GmbH
- Calvin Klein, Inc.
- Gap, Inc.
- G-III Apparel Group Ltd.
- Giorgio Armani SpA
- Guccio Gucci SpA
- Guess, Inc.
- Helly Hansen AS
- Hugo Boss AG
- Levi Strauss & Co.
- Marni Group Srl
- Nike, Inc.
- Perry Ellis International, Inc.
- PVH Corporation
- Raymond Ltd.
- Reebok International Ltd.
- Thanulux Public Company Limited
- Valentino SpA
- Zumiez, Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 282 |
| Published | August 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 557.5 Billion |
| Forecasted Market Value ( USD | $ 762.6 Billion |
| Compound Annual Growth Rate | 4.6% |
| Regions Covered | Global |
