What is Pocket Square?
A pocket square is a small rectangle of cloth that fits snugly in the breast pocket of your jacket, providing a stylish hint of fabric peeking out to increase visual appeal. It can be used for express creativity or simply to add a pop of color to an otherwise drab suit. It comes in numerous materials such as Linen and silk.
The market study is broken down by Type (Silk Pocket Square and Flax Pocket Square) and major geographies with country level break-up.
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Bulgari (Italy), Gucci (Italy), Christian Dior SE (France), Hermès International S.A. (France), Chanel S.A. (France), Ralph Lauren Corporation (United States), Louis Vuitton (France) and PRADA (Italy) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Pocket Square market by Type, Application and Region.
On the basis of geography, the market of Pocket Square has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online Channel will boost the Pocket Square market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Color, the sub-segment i.e. Multicolor will boost the Pocket Square market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Trend
- Growing Awareness among People
Market Drivers
- Increased Disposable Income of the People
- Increasing Promotional Activities by the Manufacturers
Opportunities
- Growth in the E-commerce Industry
- Increasing Demand from End-users
Restraints
- Fluctuations in the Raw Material Prices
Challenges
- The slowdown of the World Economy
Key Target Audience
Pocket Square Manufacturers, Distributors, Raw Material Suppliers, Government Bodies and End-users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.