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Press Release:

Global Menswear Market to Grow at 5.92% During 2022-2027, Spurred by Increasing Fashion Consciousness Among Consumers

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Menswear Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global menswear market reached a value of US$ 533.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 746.9 Billion by 2027, exhibiting a CAGR of 5.92% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Menswear is generally made of structured and durable fabrics with neutral colors and more subdued embellishments as compared to women’s apparel. It is available in a wide variety, ranging from sportswear, winterwear and nightwear to casuals, formals and ethnic. One of the recent trends in the industry is the rising demand for customization and tailored clothing.

 

 
 

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With the rising fashion-consciousness and increasing importance of personal appearance among men, the demand for menswear is escalating across the globe. Besides this, the significant growth in the e-commerce industry and an increase in their purchasing power have prompted the male population to spend more on clothing. This has also encouraged them to purchase clothes through online shopping platforms as they offer convenience, save time, and provide numerous options. Furthermore, with the growing environmental consciousness, several leading brands have introduced ecological clothing made from organic materials as opposed to synthetic fabrics that can cause skin allergies. Moreover, many premium brands, like Ralph Lauren, Burberry, and Armani, are focusing on expanding their product portfolio by launching specialized menswear sections. Other factors, such as the rising influence of social media and the aggressive marketing strategies, including celebrity endorsements, festive sales and promotional discounts, adopted by the manufacturers, are also driving the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global menswear market report, along with forecasts for growth at the global and regional level from 2022-2027. Our report has categorized the market based on product type, season and distribution channel.

Breakup by Product Type:

 

 
 

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  • Trousers
  • Denims
  • Shirts and T-Shirts
  • Ethnic Wear
  • Others
     

Breakup by Season:

  • Summer Wear
  • Winter Wear
  • All-Season Wear
     

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Exclusive Stores
  • Multi-Brand Retail Outlets
  • Online Stores
  • Others
     

Breakup by Region:

 

 
 

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

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Adidas AG, Burberry Group Plc, Gap Inc, Giorgio Armani S.p.A, H&M Hennes & Mauritz AB, Kering S.A., Levi Strauss & Co., Nike Inc., Prada S.p.A., PVH Corp., Ralph Lauren Corporation, Zara S.A. (Industria de Diseño Textil, S.A.), etc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Product Type, Season, Distribution Channel, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Adidas AG, Burberry Group Plc, Gap Inc, Giorgio Armani S.p.A, H&M Hennes & Mauritz AB, Kering S.A., Levi Strauss & Co., Nike Inc., Prada S.p.A., PVH Corp., Ralph Lauren Corporation and Zara S.A. (Industria de Diseño Textil, S.A.)
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1   Preface
2   Scope and Methodology 
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1    Overview
    4.2    Key Industry Trends
5   Global Menswear Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Product Type
    6.1    Trousers
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Denims
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Shirts and T-Shirts
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Ethnic Wear
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Others
        6.5.1 Market Trends
        6.5.2 Market Forecast
7   Market Breakup by Season
    7.1    Summer Wear
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Winter Wear
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    All-Season Wear
        7.3.1 Market Trends
        7.3.2 Market Forecast
8   Market Breakup by Distribution Channel
    8.1    Supermarkets and Hypermarkets
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Exclusive Stores
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Multi-Brand Retail Outlets
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Online Stores
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Others
        8.5.1 Market Trends
        8.5.2 Market Forecast
9   Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10  SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11  Value Chain Analysis
12  Porters Five Forces Analysis
    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13  Price Indicators
14  Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Adidas AG
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio 
           14.3.1.3 Financials 
           14.3.1.4 SWOT Analysis
        14.3.2    Burberry Group Plc
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
           14.3.2.3 Financials 
           14.3.2.4 SWOT Analysis
        14.3.3    Gap Inc.
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio 
           14.3.3.3 Financials 
           14.3.3.4 SWOT Analysis
        14.3.4    Giorgio Armani S.p.A
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio 
           14.3.4.3 Financials
        14.3.5    H&M Hennes & Mauritz AB
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio 
           14.3.5.3 Financials 
           14.3.5.4 SWOT Analysis
        14.3.6    Kering S.A.
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio 
           14.3.6.3 Financials 
           14.3.6.4 SWOT Analysis
        14.3.7    Levi Strauss & Co.
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 Financials 
           14.3.7.4 SWOT Analysis
        14.3.8    Nike Inc.
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio 
           14.3.8.3 Financials 
           14.3.8.4 SWOT Analysis
        14.3.9    Prada S.p.A.
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
           14.3.9.3 Financials 
        14.3.10    PVH Corp.
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio 
           14.3.10.3 Financials 
           14.3.10.4 SWOT Analysis
        14.3.11    Ralph Lauren Corporation
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio 
           14.3.11.3 Financials 
           14.3.11.3 SWOT Analysis
        14.3.12    Zara S.A. (Industria de Diseño Textil, S.A.)
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio 

List of Figures

Figure 1: Global: Menswear Market: Major Drivers and Challenges
Figure 2: Global: Menswear Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Menswear Market: Breakup by Product Type (in %), 2021
Figure 4: Global: Menswear Market: Breakup by Season (in %), 2021
Figure 5: Global: Menswear Market: Breakup by Distribution Channel (in %), 2021
Figure 6: Global: Menswear Market: Breakup by Region (in %), 2021
Figure 7: Global: Menswear Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 8: Global: Menswear (Trousers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Menswear (Trousers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Menswear (Denims) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Menswear (Denims) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Menswear (Shirts and T-Shirts) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Menswear (Shirts and T-Shirts) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Menswear (Ethnic Wear) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Menswear (Ethnic Wear) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Menswear (Other Product Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Menswear (Other Product Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Menswear (Summer Wear) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Menswear (Summer Wear) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Menswear (Winter Wear) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Menswear (Winter Wear) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Menswear (All-Season Wear) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Menswear (All-Season Wear) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Menswear (Supermarkets and Hypermarkets) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Menswear (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Menswear (Exclusive Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Menswear (Exclusive Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Menswear (Multi-Brand Retail Outlets) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Menswear (Multi-Brand Retail Outlets) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Menswear (Online Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Menswear (Online Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Menswear (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Menswear (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: North America: Menswear Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: North America: Menswear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: United States: Menswear Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: United States: Menswear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Canada: Menswear Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Canada: Menswear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Asia Pacific: Menswear Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Asia Pacific: Menswear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: China: Menswear Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: China: Menswear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Japan: Menswear Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Japan: Menswear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: India: Menswear Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: India: Menswear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: South Korea: Menswear Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: South Korea: Menswear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Australia: Menswear Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Australia: Menswear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Indonesia: Menswear Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Indonesia: Menswear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Others: Menswear Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Others: Menswear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Europe: Menswear Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Europe: Menswear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Germany: Menswear Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Germany: Menswear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: France: Menswear Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: France: Menswear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: United Kingdom: Menswear Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: United Kingdom: Menswear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Italy: Menswear Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Italy: Menswear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Spain: Menswear Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Spain: Menswear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Russia: Menswear Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Russia: Menswear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Others: Menswear Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Others: Menswear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Latin America: Menswear Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Latin America: Menswear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Brazil: Menswear Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Brazil: Menswear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Mexico: Menswear Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Mexico: Menswear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Others: Menswear Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Others: Menswear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Middle East and Africa: Menswear Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Middle East and Africa: Menswear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Global: Menswear Industry: SWOT Analysis
Figure 83: Global: Menswear Industry: Value Chain Analysis
Figure 84: Global: Menswear Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Menswear Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Menswear Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: Global: Menswear Market Forecast: Breakup by Season (in Million US$), 2022-2027
Table 4: Global: Menswear Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 5: Global: Menswear Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Menswear Market Structure
Table 7: Global: Menswear Market: Key Players


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Key Questions Answered in This Report

The global menswear market was valued at US$ 533.3 Billion in 2021.

We expect the global menswear market to exhibit a CAGR of 5.92% during 2022-2027.

The rising fashion-consciousness among the male population, along with the introduction of
sustainable clothing made from natural materials to prevent skin allergies, is primarily driving the
global menswear market.

The sudden outbreak of the COVID-19 pandemic has led to the shifting consumer preferences from
conventional brick-and-mortar distribution channels towards online retail platforms for the purchase
of menswear.

Based on the product type, the global menswear market can be categorized into trousers, denims,
shirts and t-shirts, ethnic wear, and others. Currently, shirts and t-shirts exhibit clear dominance in
the market.

Based on the season, the global menswear market has been segmented into summer wear, winter
wear, and all-season wear. Among these, all-season wear currently represents the largest market
share.

Based on the distribution channel, the global menswear market can be bifurcated into supermarkets
and hypermarkets, exclusive stores, multi-brand retail outlets, online stores, and others. Currently,
exclusive stores account for the majority of the total market share.

On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle
East and Africa, and Latin America, where North America currently dominates the global market.

Some of the major players in the global menswear market include didas AG, Burberry Group Plc, Gap
Inc, Giorgio Armani S.p.A, H&M Hennes & Mauritz AB, Kering S.A., Levi Strauss & Co., Nike Inc., Prada
S.p.A., PVH Corp., Ralph Lauren Corporation, Zara S.A. (Industria de Diseño Textil, S.A.), etc.

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