Menswear Market Analysis Highlights the Impact of COVID-19  (2020-2024) | Evolving Menswear Fashion to Boost the Market Growth | Technavio

Technavio has announced its latest market research report titled Global Menswear Market 2020-2024 (Graphic: Business Wire)

LONDON--()--Technavio has been monitoring the menswear market and it is poised to grow by USD 153.87 billion during 2020-2024, progressing at a CAGR of 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

Frequently Asked Questions-

  • Based on segmentation by distribution channel, which is the leading segment in the market?
  • The offline segment is expected to be the leading segment in the global market during the forecast period.
  • What is a major trend in the market?
  • Rising demand for organic menswear is a major growth factor for the market.
  • At what rate is the market projected to grow?
  • The market will grow at a CAGR of almost 6%.
  • Who are the top players in the market?
  • H & M Hennes & Mauritz AB, Industria de Diseño Textil SA, Kering SA, Levi Strauss & Co., LVMH Moët Hennessy - Louis Vuitton, Nike Inc., PVH Corp., Ralph Lauren Corp., The Gap Inc., and VF Corp. are some of the major market participants.
  • What is the key market driver?
  • Rising demand for organic menswear is the major factor driving the market.
  • How big is the APAC market?
  • The APAC region will contribute 39% of the market share.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. H & M Hennes & Mauritz AB, Industria de Diseño Textil SA, Kering SA, Levi Strauss & Co., LVMH Moët Hennessy - Louis Vuitton, Nike Inc., PVH Corp., Ralph Lauren Corp., The Gap Inc., and VF Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Evolving menswear fashion has been instrumental in driving the growth of the market.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Menswear Market 2020-2024: Segmentation

Menswear Market is segmented as below:

  • Product
    • Top Wear
    • Bottom Wear
    • Coats, Jackets, And Suits
    • Intimate and Sleepwear, And Accessories
    • Others
  • Distribution Channel
    • Offline
    • Online
  • Geographic Landscape
    • APAC
    • Europe
    • MEA
    • North America
    • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40763

Menswear Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The menswear market report covers the following areas:

  • Menswear Market Size
  • Menswear Market Trends
  • Menswear Market Analysis

This study identifies the rising demand for organic menswear as one of the prime reasons driving the menswear market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Menswear Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist menswear market growth during the next five years
  • Estimation of the menswear market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the menswear market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of menswear market vendors

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Value chain analysis
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2019
  • Market outlook
  • Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

  • Market segmentation by product
  • Comparison by product
  • Top wear - Market size and forecast 2019-2024
  • Bottom wear - Market size and forecast 2019-2024
  • Coats, jackets, and suits - Market size and forecast 2019-2024
  • Intimate and sleepwear - Market size and forecast 2019-2024
  • Accessories and others - Market size and forecast 2019-2024
  • Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL

  • Market segmentation by distribution channel
  • Comparison by distribution channel
  • Offline - Market size and forecast 2019-2024
  • Online - Market size and forecast 2019-2024
  • Market opportunity by distribution channel

PART 09: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 12: MARKET TRENDS

  • Rising demand for organic menswear
  • Emergence of private-label brands
  • Increasing spending on men’s accessories

PART 13: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 14: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • H & M Hennes & Mauritz AB
  • Industria de Diseño Textil SA
  • Kering SA
  • Levi Strauss & Co.
  • LVMH Moët Hennessy - Louis Vuitton
  • Nike Inc.
  • PVH Corp.
  • Ralph Lauren Corp.
  • The Gap Inc.
  • VF Corp.

PART 15: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 16: EXPLORE TECHNAVIO

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Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Release Summary

The Global Menswear Market will grow by USD 153.87 bn during 2020-2024.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/