NEW YORK, April 23, 2021 /PRNewswire/ --
The global menswear market size is expected to grow by USD 153.87 billion during 2020-2024, progressing at a CAGR of almost 6% during the forecast period.
NEW YORK, April 23, 2021 /PRNewswire/ --
The global menswear market size is expected to grow by USD 153.87 billion during 2020-2024, progressing at a CAGR of almost 6% during the forecast period.
The evolving menswear fashion is one of the major factors propelling the market growth. However, the availability of counterfeit products might challenge growth.
Global Menswear Market: Distribution Channel
Based on the segmentation by distribution, the market witnessed maximum growth in the offline segment in 2020. Vendors operating in the market are continuously evolving their stores to maintain inventories and enhance customers' shopping experience. This is one of the key factors influencing the growth of the market in the offline distribution segment.
Global Menswear Market: Geographic Landscape
About 39% of the market growth came from APAC and the region is expected to dominate the market during the forecast period. Factors such as growing urbanization and increasing disposable incomes will be crucial in driving the menswear market in APAC during the forecast period.
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Companies Covered
What our reports offer:
Menswear Market 2020-2024: Key Highlights
Table of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY PRODUCT
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
PART 09: GEOGRAPHIC LANDSCAPE
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
PART 15: APPENDIX
PART 16: EXPLORE TECHNAVIO
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Report: www.technavio.com/report/menswear-market-industry-analysis
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