Market Overview

The global menswear market size reached USD 624.3 Billion in 2024. It is projected to reach USD 984.0 Billion by 2033, with an expected CAGR of 4.77% during the forecast period of 2025-2033. Key growth factors include rising fashion-consciousness among men, expansion of e-commerce channels, and introduction of sustainable clothing made from natural materials to reduce skin allergies. For comprehensive insights, visit the Menswear Market

Study Assumption Years

• Base Year: 2024
• Historical Years: 2019-2024
• Forecast Period: 2025-2033

Menswear Market Key Takeaways

• The global menswear market size was USD 624.3 Billion in 2024.
• The market is expected to grow at a CAGR of 4.77% between 2025 and 2033.
• The market is forecast to reach USD 984.0 Billion by 2033.
• Rising fashion-consciousness and increasing importance of personal appearance among men are driving market growth.
• Online retail platforms enhance availability and variety of menswear options.
• North America dominates the market, driven by a younger population and higher spending capacity.
• The increasing influence of social media and aggressive marketing, including celebrity endorsements and festive sales, boost demand.

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

Market Growth Factors

The menswear market is propelled by rising fashion-consciousness and the growing importance of personal appearance among men. Easy availability of menswear through online retail platforms provides a wide variety of choices, fueling demand. Expanding e-commerce channels are complemented by increasing disposable incomes and a heightened focus on physical appearances, encouraging a preference for high-end brands and exclusive products.

The growing environmental awareness among consumers drives the demand for sustainable and ecological clothing. Several key brands are launching clothing lines using organic cotton, bamboo, and recycled polyester to reduce skin allergies caused by synthetic fabrics. The sustainable fashion industry is projected to grow at a CAGR of 9.1%, reaching USD 9.81 Billion in 2025 and USD 15.17 Billion in 2030, reflecting increasing consumer inclination towards ethical fashion.

Innovation and broadening product offerings also fuel the market. Brands are developing sustainable fashion products at affordable prices, targeting diverse demographics. For example, the launch of Y Chroma’s age-defying menswear and Snitch’s Series A funding to expand retail operations illustrate this trend. Plus-size apparel lines, like Shoppers Stop’s ‘U R You’, cater to varying body types, expanding the customer base and market share.

Market Segmentation

Breakup by Product Type:

• Trousers
• Denims
• Shirts and T-Shirts: Holds the largest market share. Comfort and rising numbers of male students and professionals increase demand.
• Ethnic Wear
• Others

Breakup by Season:

• Summer Wear
• Winter Wear
• All-Season Wear: Exhibits clear dominance due to versatility, cost-effectiveness, and convenience for varied climates and occasions.

Breakup by Distribution Channel:

• Supermarkets and Hypermarkets
• Exclusive Stores: Account for the majority market share, offering specialized, curated menswear and unique shopping experiences.
• Multi-Brand Retail Outlets
• Online Stores
• Others

Regional Insights

North America currently dominates the global menswear market. This leadership is driven by a younger population and increasing consumer spending power. In 2022, the United States had approximately 21.64 million young individuals aged 15-19, up slightly from the previous year. The region hosts well-established menswear brands expanding product lines to widen consumer bases, exemplified by the October 2023 launch of Skims Mens featuring prominent athletes.

Recent Developments & News

• March 2024: E-commerce giant Myntra acquired distribution and management rights for UK’s fashion brand Next, enabling it to distribute products and establish branded stores in India.
• October 2023: D2C menswear brand DaMENSCH planned to open 100 stores by end of 2024, having opened 25 exclusive outlets within 12 months.
• October 2023: Kim Kardashian’s brand Skims launched Skims Mens with an All-Star campaign featuring football icon Neymar Jr., NFL Defensive Player Nick Bosa, and NBA All-Star Shai Gilgeous-Alexander.

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.)

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

Request for customization: https://www.imarcgroup.com/request?type=report&id=2259&flag=E

About Us

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide 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.

Contact Us

IMARC Group,

134 N 4th St. Brooklyn, NY 11249, USA,

Email: sales@imarcgroup.com,

Tel No: (D) +91 120 433 0800,

United States: +1-201971-6302