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Title Menswear Market Size, Trends, Industry Share and Forecast Report 2026-2034
Category Business --> Retail Trade
Meta Keywords Menswear Market
Owner akshaykumar
Description

Market Overview

The global menswear market reached a size of USD 654.1 Billion in 2025 and is expected to grow to USD 990.9 Billion by 2034, registering a CAGR of 4.72% during the forecast period 2026-2034. Key growth drivers include increasing fashion-consciousness among men, expansion of e-commerce channels, and introduction of sustainable clothing using natural materials to prevent skin allergies. The market is detailed in terms of product types, seasons, distribution channels, and regions.

Study Assumption Years

  • Base Year: 2025
  • Historical Year/Period: 2020-2025
  • Forecast Year/Period: 2026-2034

Menswear Market Key Takeaways

  • The global menswear market size was USD 654.1 Billion in 2025, with a forecast to reach USD 990.9 Billion by 2034.
  • The market is projected to grow at a CAGR of 4.72% during 2026-2034.
  • Rising fashion-consciousness and the availability of menswear through online platforms are driving growth.
  • Social media influence, celebrity endorsements, and aggressive marketing strategies are key market trends.
  • North America dominates the market due to a younger population and higher consumer spending.
  • Challenges include evolving fashion trends and shifting consumer preferences; opportunities stem from sustainable clothing demand and e-commerce growth.

Sample Request Link: https://www.imarcgroup.com/menswear-market/requestsample

Market Growth Factors

The growing awareness of fashion and grooming among men and the increasing importance of personal grooming and appearance are the factors driving the growth of the menswear market. The growth in the availability of menswear products through online retail channels is also helping to drive market growth. Additionally, the strong importance attached to style and appearance continues to drive demandfor menswear products.

Social media and marketing strategies, such as celebrity and film endorsements, sales during holidays, and discounts on products, are some of the factors drivingthe growth of the global menswear market. These strategiesimprove the visibility of brands and increase engagement among consumers, driving penetration into the global menswear market.

Green menswear has led top fashion houses to create collections of organic cotton, bamboo and recycled polyester for sensitiveskin and personal ethics. Driven by consumer awareness, the global menswear marketis expected to grow at a compound annual growth rate (CAGR) of 9.1% to reach USD 9.81 Billion in 2025 and USD 15.17 Billion in 2030.

Market Segmentation

  • By Product Type: Trousers, Denims, Shirts and T-Shirts, Ethnic Wear, Others. Shirts and T-shirts hold the largest share due to their comfort and widespread usage among male students and working professionals. Brands continuously launch new lines to meet demand.
  • By Season: Summer Wear, Winter Wear, All-Season Wear. All-season wear dominates the market, offering versatility, cost-effectiveness, and practicality by adapting to various climates and occasions.
  • By Distribution Channel: Supermarkets and Hypermarkets, Exclusive Stores, Multi-Brand Retail Outlets, Online Stores, Others. Exclusive stores hold the majority market share, providing tailored shopping experiences and unique product selections.
  • By Region: North America, Asia Pacific, Europe, Latin America, Middle East and Africa. North America leads the global menswear market, driven by a large young population and increased consumer spending power.

Regional Insights

North America currently dominates the global menswear market. The region's growth is attributed to a younger population and rising disposable incomes. For example, in 2022, approximately 21.64 million youths aged 15-19 lived in the United States, slightly increasing from 21.57 million the previous year. Established menswear brands expanding product offerings further enhance market prospects in the region.

Recent Developments & News

  • March 2024: Myntra acquired distribution and management rights for UK’s fashion brand Next, gaining rights to distribute Next’s products and establish branded stores in India.
  • October 2023: D2C menswear brand DaMENSCH announced plans to open 100 stores by the end of 2024, having opened 25 exclusive retail outlets in India within 12 months.
  • October 2023: Kim Kardashian’s brand Skims launched Skims Mens with an All-Star campaign featuring Neymar Jr, Nick Bosa, and Shai Gilgeous-Alexander, introducing technically constructed briefs, soft boxers, and comfortable tanks and tees.

Key Players

  • Adidas AG
  • Burberry Group Plc
  • Gap Inc
  • Giorgio Armani S.p.A
  • H&M Hennes & Mauritz AB
  • Kering S.A.
  • Levi Strauss & Co.
  • Nike Inc.
  • Prada S.p.A.
  • PVH Corp.
  • Ralph Lauren Corporation
  • Zara S.A. (Industria de Diseño Textil, S.A.)

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IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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