The Global Men’s Wear Market Was Valued At $39 Billion In 2017 According To TBRC’s Latest Report


Posted September 20, 2018 by praneethtbrc

Asia Pacific was the largest geographic region accounting for $15.5 billion or 40.5% of the global market. China was the largest country accounting for $7.4 billion or 19.4% of the global men's wear market.
 
Men’s wear market comprise companies engaged in manufacturing men's cut and sew apparel from purchased fabric.

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The global men’s wear market was valued at $39 billion in 2017, and is expected to be driven by factors such as an increase in disposable income. Asia Pacific was the largest geographic region in the market, accounting for two-fifth of the global market share.
The men’s wear market was divided into five segments: suits and formal wear; office wear; casual wear; sportswear and other men's wear.

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China was the largest country in the market, accounting for nearly one-fifth of the global men's wear market share, due to the large population in the country. China was followed India and Japan as the next largest countries in the market.
The top five competitors in the market are Gap, H&M, Inditex (Zara), Kering and LVMH. Gap Inc. is the largest specialty retailer in the United States, and is 3rd in total international locations, behind Inditex Group and H&M. As of September 2008, the company has approximately 135,000 employees and operates 3,727 stores worldwide, of which 2,406 are located in the U.S.

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Categories Apparel , Business , Textile
Tags casual wear market report , men39s wear market report 2018 , office wear market research report , suits and formal wear market report
Last Updated September 20, 2018