PUBLISHER: Market Research Future | PRODUCT CODE: 1568388
PUBLISHER: Market Research Future | PRODUCT CODE: 1568388
UK Menswear Market Research Report Data Analysis by Product Type (Suits, Blazers, T-Shirts, Shirts, Tops, Pants, Trousers and Others), Price Range (Economy and Premium), by Season (Summer, Winter and All-Season), by Distribution Channel (Supermarkets & Hypermarkets, Specialty Stores, Online, and Others) Forecast to 2032
With a predicted CAGR of 4.3%, the UK menswear market is expected to rise significantly throughout the study period. The market is anticipated to grow from its estimated USD 18201.2 million in 2022 to USD 28807.2 million at the end of the forecast period (2023-2032).
There are various reasons why the menswear market in the UK is expanding. Men's fashion and grooming are becoming more popular due to changing social expectations. Men are now more aware of and able to access fashion trends because to the growth of social media influencers and internet platforms. In addition, the need for a variety of clothing options has been fueled by the increased emphasis on individual style and self-expression. By attracting ethical customers, innovations in inclusive and sustainable fashion methods also aid in market growth.
Additionally, by improving the shopping experience and streamlining operations, digital integration is transforming the menswear sector in the UK. Customers may browse and buy products conveniently from anywhere with the help of mobile apps and online platforms. Virtual try-on solutions decrease returns and boost customer satisfaction by allowing customers to see how apparel will fit before making a purchase. Retailers can better manage inventories and comprehend customer preferences with the help of artificial intelligence and data analytics. Technological improvements are also making sustainable practices easier, such using eco-friendly materials and digital manufacturing, to match the growing demand for menswear made ethically.
The UK Menswear Market is divided into two segments based on the type of product: suits and blazers, t-shirts, shirts, tops, pants, and other items.
There are three segments of the UK menswear market: summer, winter, and all-season.
The UK Menswear Market has been split into two segments: economy and premium, based on price range.
The distribution channel has caused a division of the UK Menswear Market into supermarkets & hypermarkets, online, specialist stores, and others.
The major companies in the UK menswear market are Ted Baker, ASOS, Marc Darcy, Reiss, House of Cavani, Marc Darcy, Skopes, Slater Menswear, H&M, and Marc Darcy.