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Men's Wear Market

Global Men's Wear Market Share, Size, Analysis, Growth, Report, Trends, Forecast: By Product: Trousers, Denims, Shirts and T-Shirts, Ethnic Wear, Winter Wear, Others; By Distribution Channel: Supermarkets and Hypermarkets, Exclusive Stores, Multi-Brand Retail Outlets, Online Stores, Others; Regional Analysis; Competitive Landscape; 2024-2032

Global Men's Wear Market Outlook

The global men's wear market size attained a value of USD 602.90 billion in 2023. The market is further expected to grow at a CAGR of 6.2% between 2024 and 2032, reaching a value of USD 1,034.29 billion by 2032.

 

men's wear market

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Key Trends in the Market

Men’s wear or men’s apparel refers to the type of clothing which is designed to be worn by men and is accordingly made as per male sizes and physical characteristics. These types of clothes tend to be strong, tough, and makes a man attractive and presentable. Men’s wear styles and products vary based on the occasion, environment, and personal preference.

 

  • Increasing number of male shoppers, rising disposable income, increasing inclination towards fashion among men, and rapid urban development across emerging economies, are the key trends supporting the men's wear market growth.
  • Expansion of the e-commerce sector is invigorating the market growth by providing convenient and versatile online shopping options for men’s wear in a wide range of styles, types, and prices.
  • Increasing emphasis on branding and digital media marketing are helping emerging brands stand beside well-established brands is bringing competitiveness in the market.
  • The rising inclination towards sporting, traveling, and adventuring among millennials is shaping the dynamics of men's wear market by encouraging sales of durable and stylish clothing to wear for such activities.

 

Global Men's Wear Market Analysis

Based on product, the market is segmented into trousers, denims, shirts and t-shirts, ethnic wear, and winter wear, among others. The men's wear market segmentation, based on distribution channel, is into supermarkets and hypermarkets, exclusive stores, multi-brand retail outlets, and online stores, among others. The regional markets for men's wear are divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

men's wear market by segments

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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the global men's wear market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

 

  • Adidas AG
  • Burberry Group Plc
  • Balenciaga SA
  • Giorgio Armani S.p.A
  • H & M Hennes & Mauritz GBC AB
  • Kering
  • Levi Strauss & Co.
  • Nike, Inc.
  • Prada S.p.A
  • Ralph Lauren Corporation
  • Others

 

Global Men's Wear Market Share by Product

The shirts and t-shirts segment, based on product, accounts for a healthy share of the market as they can easily be paired with various pants or lowers to change the overall appearance and feel of an outfit. Wide availability of stylish shirts including oxford, dress, short-sleeve, and polo, among others, is leading to an expansion of male consumer base. Meanwhile, the growing popularity of high-quality printed t-shirts among young adult males is further adding to the segment’s growth.

 

Global Men's Wear Market Share by Region

The Asia Pacific region is expected to witness significant growth in the market for men’s wear in the coming years, fuelled by an increasing population, rising disposable incomes, and surge in interest towards fashion. With a greater number of men paying attention towards grooming and appearance, this region has been witnessing an increase in the demand for fashionable men’s wear among consumers.

 

men's wear market by region

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Competitive Landscape

Adidas AG is one of the largest multinational corporations which manufactures shoes, clothes, and accessories and is also a leading manufacturer of various sporting apparels and equipment. The company was founded in 1949 and is headquartered in Herzogenaurach, Germany.

 

Burberry Group Plc is a luxury fashion house and outwear pioneer which produces, distributes, and markets ready to wear trench coats, leather accessories, and footwear, among other products. Established in 1856, the company is headquartered in London in the United Kingdom.

 

Balenciaga SA is a renowned fashion company which offers sneakers, handbags, and ready to wear apparels for men and women. The establishment of this company took place in 1919 and it is currently headquartered in Paris, France.

 

Other market players include Giorgio Armani S.p.A, H & M Hennes & Mauritz GBC AB, Kering, Levi Strauss & Co., Nike, Inc., Prada S.p.A, and Ralph Lauren Corporation, among others.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Distribution Channel
  • Region
Breakup by Product
  • Trousers
  • Denims
  • Shirts and T-Shirts
  • Ethnic Wear
  • Winter Wear
  • Others
Breakup by Distribution Channel
  • Supermarkets and Hypermarkets
  • Exclusive Stores
  • Multi-Brand Retail Outlets
  • Online Stores
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis 
  • Porter's Five Forces Analysis 
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Adidas AG
  • Burberry Group Plc
  • Balenciaga SA
  • Giorgio Armani S.p.A
  • H & M Hennes & Mauritz GBC AB
  • Kering
  • Levi Strauss & Co.
  • Nike, Inc.
  • Prada S.p.A
  • Ralph Lauren Corporation
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players 
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Men’s Wear Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Men’s Wear Historical Market (2018-2023) 
    8.3    Global Men’s Wear Market Forecast (2024-2032)
    8.4    Global Men’s Wear Market by Product 
        8.4.1    Trousers
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Denims
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Shirts and T-Shirts
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Ethnic Wear
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
        8.4.5    Winter Wear
            8.4.5.1    Historical Trend (2018-2023)
            8.4.5.2    Forecast Trend (2024-2032)
        8.4.6    Others
    8.5    Global Men’s Wear Market by Distribution Channel
        8.5.1    Supermarkets and Hypermarkets
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Exclusive Stores
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Multi-Brand Retail Outlets
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Online Stores
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Others
    8.6    Global Men’s Wear Market by Region
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032)
9    North America Men’s Wear Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Men’s Wear Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Men’s Wear Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Men’s Wear Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Men’s Wear Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis  
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price  
15    Value Chain Analysis
16    Competitive Landscape
    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Adidas AG
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Burberry Group Plc
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Balenciaga SA 
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Giorgio Armani S.p.A
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    H & M Hennes & Mauritz GBC AB
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Kering
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Levi Strauss & Co.
            16.2.7.1    Company Overview
            16.2.7.2    Product Portfolio
            16.2.7.3    Demographic Reach and Achievements
            16.2.7.4    Certifications
        16.2.8    Nike, Inc.
            16.2.8.1    Company Overview
            16.2.8.2    Product Portfolio
            16.2.8.3    Demographic Reach and Achievements
            16.2.8.4    Certifications
        16.2.9    Prada S.p.A
            16.2.9.1    Company Overview
            16.2.9.2    Product Portfolio
            16.2.9.3    Demographic Reach and Achievements
            16.2.9.4    Certifications
        16.2.10    Ralph Lauren Corporation
            16.2.10.1    Company Overview
            16.2.10.2    Product Portfolio
            16.2.10.3    Demographic Reach and Achievements
            16.2.10.4    Certifications
        16.2.11    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Men’s Wear Market: Key Industry Highlights, 2018 and 2032 
2.    Global Men’s Wear Historical Market: Breakup by Product (USD Million), 2018-2023
3.    Global Men’s Wear Market Forecast: Breakup by Product (USD Million), 2024-2032
4.    Global Men’s Wear Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
5.    Global Men’s Wear Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
6.    Global Men’s Wear Historical Market: Breakup by Region (USD Million), 2018-2023
7.    Global Men’s Wear Market Forecast: Breakup by Region (USD Million), 2024-2032
8.    North America Men’s Wear Historical Market: Breakup by Country (USD Million), 2018-2023
9.    North America Men’s Wear Market Forecast: Breakup by Country (USD Million), 2024-2032
10.    Europe Men’s Wear Historical Market: Breakup by Country (USD Million), 2018-2023
11.    Europe Men’s Wear Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Asia Pacific Men’s Wear Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Asia Pacific Men’s Wear Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Latin America Men’s Wear Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Latin America Men’s Wear Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Middle East and Africa Men’s Wear Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Middle East and Africa Men’s Wear Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Global Men’s Wear Market Structure

Key Questions Answered in the Report

The market reached a value of USD 602.90 billion in 2023.

The market is estimated to grow at a CAGR of 6.2% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 1,034.29 billion by 2032.

The increasing number of men shopping, rising disposable income, increasing inclination towards fashion, and wide availability of innovative apparels for men are the major drivers of the market.

The key men's wear market trends include the growing expansion of the e-commerce sector, increasing purchasing power of millennials, rising inclination towards sporting, traveling and adventuring, and growing demand for latest fashion.

Trousers, denims, shirts and t-shirts, ethnic wear, and winter wear, among others, are the different products of men's wear in the market.

Supermarkets and hypermarkets, exclusive stores, multi-brand retail outlets, and online stores, among others, are the major distribution channels of men’s wear in the market.

Adidas AG, Burberry Group Plc, Balenciaga SA, Giorgio Armani S.p.A, H & M Hennes & Mauritz GBC AB, Kering, Levi Strauss & Co., Nike, Inc., Prada S.p.A, and Ralph Lauren Corporation, among others, are the key market players, according to the report.

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