Posted by GCC Menswear Market Overview 2023-2028
IMARC Group, a leading market research company, has recently releases report titled “GCC Menswear Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the GCC menswear market report, share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
The GCC menswear market is projected to exhibit a growth rate (CAGR) of 4.30% during 2023-2028.
Menswear refers to the collection of clothing and fashion accessories designed for men. It comprises a wide range of attire, such as trousers, denim, shirts, t-shirts, jackets, tuxedos, and track pants. It is manufactured from various materials, such as nylon, rayon, polyester, wool, silk, and cotton, offering both style and comfort. It is available in different styles, colors, and designs, catering to the varied fashion preferences of individuals. It plays a significant role in expressing individual identity and personal style while also reflecting cultural and societal influences. It can withstand wear and tear, ensure longevity, and offer protection from harsh weather conditions. Besides this, it assists in boosting confidence and self-esteem and allows men to curate looks that align with their fashion needs. As it aids in enhancing appearance while providing comfort to individuals, the demand for menswear is rising in the GCC region.
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GCC Menswear Market Trends and Drivers:
At present, the growing demand for modern menswear styles due to the increasing Western influence on people represents one of the major factors influencing the market positively in the GCC region. Besides this, rising preferences for organic clothing materials that prevent skin allergies among individuals in the region is strengthening the market growth. Additionally, the escalating demand for personalized clothing solutions among individuals that provides an attractive look is offering a positive market outlook in the GCC region. Moreover, the wide availability of various distribution channels, such as hypermarkets, supermarkets, and convenience and online stores, in the region is contributing to the growth of the market. In addition, the rising adoption of athletic wear among fitness enthusiasts is offering lucrative growth opportunities to industry investors in the region. Apart from this, there is an increase in the demand for comfortable and convenient clothing options. This, coupled with the rising adoption of swim trunks and swim shorts for swimming and other water-related activities, is supporting the market growth in the GCC region.
The report segmented the market on the basis of country, product type, season, and distribution channel.
Product Type Insights:
- Trousers
- Denims
- Shirts and T-Shirts
- Ethnic Wear
- Others
Season Insights:
- Summer Wear
- Winter Wear
- All-Season Wear
Distribution Channel Insights:
- Supermarkets and Hypermarkets
- Exclusive Stores
- Multi-Brand Retail Outlets
- Online Stores
- Other
Country Insights:
- Saudi Arabia
- UAE
- Qatar
- Bahrain
- Kuwait
- Oman
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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