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Global Men T-Shirts Market is estimated to reach USD 41788.1 million by 2027, growing at a CAGR of 3.2 % between 2019 and 2027
T-shirts are not just a fashion essential they are a medium for expression and an ageless insignia of the young and the young at heart. It’s easy to wear, comfortable, stylish, finds space at almost every occasion and hence everybody has one. T-shirts have indeed come a long way from its rise to popularity in the back in the 50s. Now, trends in t-shirts change faster than seasons. Moreover, tees are no longer a basic item of clothing, but more a means to showcase attitude and beliefs.
Wardrobe of customer has evolved with time and currently it's a mixture of assorted different types of consumer goods for various occasions like workplace, gym, shopping, morning or evening walk, wedding and social gatherings etc. This trend of occasion specific consumer goods has conjointly provided an extra impetus for the expansion of the elastic casual wear classes like t-shirts. Global Men's T-Shirt market remains dominated by the men’s/boys’ segment that contributes 83 percent to the total market. However the women’s/girls’ segment is expected to grow quicker than the men’s/boys’ segment contributing to increasing acceptance of t-shirts among women and girls. The global Mens T-Shirts market is greatly associated with its niche, peer, and parent markets. The market has been exhibiting steady yet stable growth in the industry for the last few decades, and it is expected to grow more vigorously in the upcoming years. As the market is at its development stage, it provides a high scope for leading players to battle on the basis of innovation, pricing, service, global reach, product quality, and promotion. Various facets such as raw material affluence, apt workforce availability and financial stability are fueling growth momentum in the market.
This segment contributed for more than half of the global T-shirt market revenue in the same year. Cotton is the most common used and preferred fabric for making of t-shirts because they are ideal for daily wear. A wide variety of cotton with several properties is used for making apparels. However, other materials such as linen, cashmere, polyester, rayon and blends of two or three materials are also used for manufacturing t-shirts. Each material poses a unique quality and can be used according to the activity and different climatic conditions. T-shirts made from cashmere and polyester are generally used for athletic apparels, while cotton and linen t-shirts are preferred for daily casualwear.
On the basis of application Global Men T-Shirts Market includes retail store, department stores and online sales. The men’s t-shirts are being sold maximum in the online sales channel, after that comes the retails stores, which is also the second most revenue generating market for Men’s T-shirt. The Men’s T-shirt is also sold through many distribution channels which is also a big market for Men T-Shirts Market. The key players of Global Men T-Shirts Market are old navy, American Eagle, Banana republic, H&M, Zara, Nike, Adidas, Boss, BP, Burberry, Eileen fisher, J.Crew, Kenzo, Levi’s, Michael Kors, New Balance, Obey, O’neill, CK, Roxy, Tommy, Tommy Bahama, Tory Burch, Versace, Vince, Zella, Uniqlo.
Global Men T-Shirts Market: Product Type
Global Men T-Shirts Market: Application
Global Men T-Shirts Market: Competitive Analysis
Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in Global Men T-Shirts Market :
Geographical analysis of Global Men T-Shirts Market :
Global Men T-Shirts Market Report delivers comprehensive analysis of :
Parameters | Details |
---|---|
Base Year | 2022 |
Historical Data | 2017-2022 |
Forecast Data | 2023-2029 |
Base Year Value (2022) | USD 34591.9 million |
Forecast Value (2029) | USD 43125.31674 million |
CAGR (2022 to 2028) | 3.2 % |
Regional Scope | North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
Men T-Shirts Market was valued at around USD 34591.9 million in 2022 & estimated to reach USD 43125.31674 million by 2029.
Men T-Shirts Market is likely to grow at compounded annual growth rate (CAGR) of 3.2% between 2023 to 2029.
Yes, the report includes COVID 19 impact on the market.
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