UK Menswear Market to 2029

Description

List of Tables

The UK Menswear Market to 2029 report offers comprehensive insight and analysis of the UK Menswear market, the major players, the key trends, and consumer attitudes. It provides detailed analysis of the key trends shaping the market, market sizes and forecasts, and the performace of key retailers. The report also includes consumer data from 2023 and 2024.

Despite a resilient performance from the UK menswear market in 2023, the sector fell susceptible to ongoing economic challenges in 2024, declining 3.0%. This comes as inflation abated slower than anticipated, weighing down on consumer confidence, with younger menswear shoppers in particular forced to cut back. Demand is expected to pick up slightly in 2025 as inflation eases, but will remain soft out to 2029, as consumers continue to shop cautiously amid an uncertain economic outlook. Menswear will outperform childrenswear and womenswear though, which are impacted by weak birth rates and high purchase volumes, with males having less scope to cut as their purchases are more needs-driven.

Scope

While the online UK Menswear market declined in 2024, it still outperformed the offline channel, leading online penetration to grow 0.2ppts. The market will continue to outperform in the forecast years, as males continue to favour the convenience of shopping online, as well as the breadth of choice, and price comparison capabilities, with retailers also making digital investments into technologies like AI to streamline the journey.
Next maintained its market lead in 2024, driven by its superior online proposition and broad selection of brands, with its share growing 0.5ppts. Marks & Spencer's share also grew 0.5ppts, as its ranges became more popular among younger demographics, helped by impactful marketing campaigns. ASOS experienced the biggest share decline in the top ten in 2024, as its trend-led offering struggles to resonate with its millennials and falls behind Shein when competing for Gen Z's attention.
Following fashion trends is becoming increasingly important to males, especially under 35s, with around half of this age group taking fashion inspiration from sports personalities and celebrities.

Reasons to Buy

Understand where the demand lies within the UK menswear market across various price positionings, categories, and retailers, to allow you to maximise customer acquisition.
Learn how continued macroeconomic challenges will impact the UK menswear market, and which players are most at threat from changing consumer habits.
Identify the key approaches retailers are taking to stand out in the UK menswear market, and how you can adapt these to fit your own business.

Product Code: GDAP240001CIUK

EXECUTIVE SUMMARY

KEY TRENDS IN THE UK MENSWEAR MARKET

UK Menswear Market Drivers
UK Menswear Market Inhibitors
Key Trends
Sportswear continues to outperform despite a drastic slowdown
To counter the threat of resale, retailers should launch their own
Retailers capitalize on celebrity partnerships to create buzz
Strategies for Success in the UK Menswear Market
THE UK MENSWEAR MARKET: MARKET SIZE TO 2029
UK Menswear Market, 2019-2029
UK Apparel Market by Subsector Share 2019-2029
THE UK MENSWEAR MARKET: WHERE PEOPLE SHOP
UK Menswear Online Market, 2019-2029
UK Menswear Channel Usage
UK Menswear Instore Location Preferences
UK Menswear Online Fulfilment Preferences
UK Menswear Market by Channel 2019-2029
Top 10 UK Menswear Retailer Market Shares
UK Menswear Winners & Losers Outlook
UK Menswear Most Shopped At Retailers
Top 10 UK Menswear Retailer Competitor Overlaps
Retailer Profiles
Sports Direct
Marks & Spencer
John Lewis & Partners
Gymshark & Crew Clothing
Retailers to Watch
THE UK MENSWEAR MARKET: HOW PEOPLE SHOP
Who Shops and Where They Are Located
UK Menswear Shopper Profile
Menswear Categories Purchased
Frequency of Shopping
THE UK MENSWEAR MARKET: WHY PEOPLE SHOP
Male Clothing Purchase Drivers
Male Clothing Inspirations
Males' Fashion Preferences & Attitudes
Males' Shopping Experiences
Male Attitudes on Fashion Sustainability & Ethics
METHODOLOGY, DEFINITIONS AND CONTACTS

Product Code: GDAP240001CIUK

List of Tables

Channels UK Menswear Shoppers Used to Purchase Clothing, Total and by Gender and Age
Competitor Shopper Overlaps of Top 10 UK Menswear Retailers
Menswear Categories Purchased by Gender, Age & Social Grade
How Frequently Males buy Clothing by Age and Social Grade
What's Important to Males When Purchasing Clothing by Age Group and Social Grade
What Inspires Male Clothing Shoppers' Fashion Choices by Age Group
Males' Agreement with Statements on Fashion Preferences and Attitudes by Age Group
Males' Agreement with Statements on Shopping Experiences by Age Group
Male Attitudes on Fashion Sustainability & Ethics by Age Group

List of Figures

UK Menswear Market Value, 2019, 2024 & 2029 (£ bn) with five-year CAGR (%)
UK Menswear Market Value (£ bn), Annual Growth (%) & Spend Per Head (£) 2019-2029
UK Clothing Market Share by Category (%), 2019, 2024 & 2029
UK Menswear Online Market Value (£ bn) and Online Penetration (%), 2019-2029
Online and Offline Growth (%) within the UK Menswear Market, 2019-2029
UK Menswear Market by Channel Share (%), 2019, 2024 & 2029
Channels UK Menswear Shoppers Used to Purchase Clothing
Instore Locations UK Menswear Shoppers Used to Purchase Clothing
Fulfilment Methods UK Menswear Shoppers Used When Purchasing Clothing Online
Market Shares (%) of the Top 10 UK Menswear Retailers 2023 & 2024(f)
Top Retailers UK Menswear Shoppers Visited and Purchased Clothing From
Where else Sports Direct's menswear shoppers shop for menswear
Sports Direct's menswear shopper penetration by demographic
Sports Direct's 2019-2024(f) UK menswear market share (%)
Where else Marks & Spencer's menswear shoppers shop for menswear
Marks & Spencer's menswear shopper penetration by demographic
Marks & Spencer's 2019-2024(f) UK menswear market share (%)
Where else John Lewis & Partners' menswear shoppers shop for menswear
John Lewis & Partners' menswear shopper penetration by demographic
John Lewis' 2019-2024(f) UK menswear market share (%)
UK Consumers That Shop for Menswear
UK Consumers That Shop for Menswear, by Demographic
UK Consumers That Shop for Menswear, by Location
UK Menswear Shopper Profile by Demographic
UK Menswear Shopper Profile by Location
Menswear Categories Purchased
How Frequently Males Buy Clothing
What's Important to Males When Purchasing Clothing
What Inspires Male Clothing Shoppers' Fashion Choices
Males' Agreement with Statements on Fashion Preferences and Attitudes
Males' Agreement with Statements on Shopping Experiences
Males' Agreement with Statements on Fashion Sustainability and Ethics

UK Menswear Market to 2029

Description

Table of Contents

List of Tables

Scope

Reasons to Buy

Table of Contents

Table of Contents

EXECUTIVE SUMMARY

KEY TRENDS IN THE UK MENSWEAR MARKET

List of Tables

List of Figures