European Men’s Wear Market Trends, Research Report, Growth, Opportunities, Forecast 2021-2027

 

The European men’s wear market is anticipated to grow at a CAGR of 4.5% during the forecast period. The increasing investment of industry players in men’s apparel is one of the major factors driving the growth of the European men’s wear market. Additionally, the increasing population of millennials across the region will also impact the growth of the market. Additionally, Millennials and young populations across the country are increasing the demand for premium jeans and various other casual wears. This is also expected to significantly fuel the growth of the European men’s wear industry during the forecast period.

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Furthermore, Europe also exports a significant amount of apparel to various developing countries. According to Eurostat in 2018, the EU ranked second behind China in textile exports. This is also expected to impact the men’s wear market. Moreover, the men population across the country is placing a greater emphasis on their appearance that is generally driven by the rise of social media. Considering the trend of social media various fashion brands are also expanding their reach among the population with Instagram campaigns using influencers. These trends are expected to drive the growth of the European men’s wear market. Additionally, the demand for streetwear such as hoodies is also experiencing growth among men’s categories.

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Market Coverage

·        Market numbers available for – 2019-2026

·        Base year- 2019

·        Forecast period- 2020-2026

·        Segment Covered-

o             By Product Type

o             By Distribution Channel

·        Competitive Landscape- Giorgio Armani S.p.A., Prada S.p.A., Adidas AG, Louis Vuitton Malletier, FENDI S.r.l., and others

Key questions addressed by the report

·        What is the market growth rate?

·        Which segment dominates the market in the base year?

·        Which segment will project the fastest growth in the market?

·        How COVID-19 impacted the market?

o             Recovery Timeline

o             Deviation from the pre-COVID forecast

·        Who is the leader in the market?

·        How players are addressing challenges to sustain growth?

·        Where is the investment opportunity?

European Men’s Wear Market Report Segment

By Product Type

·        Clothing

·        Accessories

·        Footwear

By Distribution Channel

·        Online

·        Offline

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European Men’s Wear Market – Segment by Country

·        UK

·        Germany

·        Italy

·        Spain

·        France

·        Rest of Europe

Company Profiles

·        Adidas AG

·        Burberry Group Plc.

·        CANALI S.p.A.

·        FENDI S.r.l.

·        Gianni Versace S.r.l.

·        Giorgio Armani S.p.A.

·        Guccio Gucci S.p.A.

·        Harmont & Blaine S.p.A.

·        Hermès International S.A.

·        HUGO BOSS AG

·        Louis Vuitton Malletier

·        Prada S.p.A.

·        Tommy Hilfiger Licensing B.V.

·        Tom Tailor

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