About Mens and Boys Clothing
Men’s wear consists of formals, essentials, casuals and outerwear. Whereas boys clothing consists of casuals and outerwear. Both of them are developed from the fabrics purchased from the textile companies. The wholesalers who buys the clothing goods sells them to retailers. These retailers provides additional facilities like alterations if required. In this industry the fit is an important criteria due to which the companies are making high investments in sizing systems.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the Mens and Boys Clothing market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Mens and Boys Clothing Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Mens and Boys Clothing market throughout the forecasted period. 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.
Walmart (United States), American Apparel (United States), Benetton (Italy), Nike (United States), Addidas (Germany), Puma (Germany), Cotton On (Australian), Diesel (Italy), Dolce & Gabbana (Italy) and DKNY (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Wovenplay (United States), Calvin Klein (United States), H&M (Sweden), ZARA (Spain), GAP (United States), Giordano International (China), Levi Strauss (United States) and Ralph Lauren (United States).
Segmentation Overview
AMA Research has segmented the market of Global Mens and Boys Clothing market by Type (Casual wear, Outer wear and Formal wear), Application (Men and Boys) and Region.
On the basis of geography, the market of Mens and Boys Clothing 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 Fabric, the sub-segment i.e. Cotton will boost the Mens and Boys Clothing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution channel, the sub-segment i.e. Online will boost the Mens and Boys Clothing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancements in Fabric Such as Absorption of Sweat and Integration of Gadgets in the Apparels to Track the Health
Market Growth Drivers:
Consumer’s Inclination towards Health Consciousness which will lead to Sale of Clothes and Rising Per Capita Income
Challenges:
High Competition Due to the Presence of Major Players and Lack of Awareness in Remote Areas
Restraints:
High Costs for Some of the Apparels and Availability of Counterfeit Product can Hamper the Market
Opportunities:
Growing E-Commerce Industry is creating an Opportunity and Increasing Disposable Income in Developing Countries
Market Leaders and their expansionary development strategies
In 2019, Nike has acquired Celect which is a predictive analytics and demand sensing firm to serve consumers personally at a global scale
In 2019, Levi’s has launched a performance jeans with advanced technology which is made of breathable fabric and moisture wicking technology
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations
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 a 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 the purpose to understand the companies positioning regarding the 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 a 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, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.