Global Western Wear Market covered major segments by Type (Casual,Formal) by Distribution (Channel Online Platforms,Specialty Stores,Supermarkets, Hypermarkets, Brand Outlets) by End user (Men,Women,Kids)
Get your Sample PDF: https://www.maximizemarketresearch.com/request-sample/21925
Western Wear Market size was valued at US$ 94.41 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 4.9% through 2023 to 2029, reaching nearly US$ 131.96 Bn.
Western Wear Market Segmentation:
The market is divided into Casual and Formal segments based on Type. By 2029, the casual wear segment is anticipated to have the biggest market share, accounting for xx%. Because of the work-from-home (WFH) culture and travel restrictions brought on by the Covid epidemic, the demand for casual and comfortable clothing has expanded significantly. Clothing producers claim that there is a noticeable shift in formal to casual attire. Prior to the Covid era, formal attire accounted for 60% of demand; today, it only accounts for 40%, with casual wear dominating the market. The northern garment hubs of Ludhiana, Jalandhar, Panipat, Gurugram, and Noida have consequently started to create more casual apparel as opposed to formal wear. These are the main advantages that motivate.
The market is divided into categories for men, women, and children based on the end-user. The women’s category is anticipated to expand quickly during the projection period at a CAGR of xx%. The expansion is due to fashion designers constantly experimenting with women’s clothing in terms of material, design, and colour palette. Due to the rapidly shifting fashion trends in women’s clothing, it is exceedingly difficult for the important actors to maintain their roots in women’s formal western wear. Globally, the proportion of working-class women is fast increasing, and it is well known that the number of women in senior positions, management positions, and other positions in government and other institutions is also increasing. The demand for western clothing is rising as the number of working women with high disposable money has increased.
Regional Analysis:
During the anticipated period of 2023–2029, Asia Pacific will continue to rule the global western wear market. By 2029, it is anticipated that Asia Pacific will hold the biggest market share, or xx%. There are many young people living in developing nations like China and India. Celebrities’ varied fashion choices in western attire are fueling the market’s desire. In many organisations, staff must dress professionally. Additionally, some organisations tolerate casual western attire. The market would develop exponentially during the projection period because to the exponential rise in potential purchasers in India. During the forecast period of 2023–2029, these are the major factors influencing the growth of the Asia Pacific region in the worldwide market.
Western Wear Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (razil, Argentina Rest of South America)
Key Players
1. Benetton Group S.r.l.
2. Dolce & Gabanna
3. Prada S.p.A
4. American Apparel Inc.
5. Levi Strauss & Co
6. Diesel S.p.A.
7. Perry Ellis International Inc.
8. Nautica Apparel, Inc.
9. Burberry Group Plc.
10. The Gap Inc.
11. PVH Corp.
12. Gianni Versace S.p.A.,
13. Chanel S.A.
14. LVMH Moet Hennessy Louis Vuitton SE.
15. Hermes International S.
About Us
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
MAXIMIZE MARKET RESEARCH PVT. LTD.
⮝ 444 West Lake Street, Floor 17,
Chicago, IL, 60606, USA.
✆ +1 800 507 4489
✆ +91 9607365656
🖂 mailto:[email protected]
🌐 https://www.maximizemarketresearch.com
