Market Insights report
The segment Men's Apparel accounted for 32% of the Apparel revenue in 2023. The worldwide revenue of US$555.25 billion in 2023 and it is expected to increase to US$657 billion by 2029. This report from the series of Consumer Market Insights reports gives an overview of the Men's Apparel market from an international perspective.
What's included?
The Apparel segment Men’s Apparel covers all types of clothes for men like i.a. coats, (outdoor) jackets, blazers, suits, trousers, shirts, pullovers as well as sports- and underwear. Children´s clothes are defined in a separate segment. The upswing in online shopping and the continuing expansion of major textile chains lead to an increasing pressure on price levels in an ever-growing total market, which is just one explanation for its steady growth. The most valuable fashion brands in the industry are Inditex, H&M, GAP, Fast Retailing and TJX. The COVID-19 pandemic caused a reduction in sales in the Apparel market, which hugely affected the year 2020.
Overview
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