What is the market share of Menswear in India?

IMARC Group, a leading market research company, has recently releases report titled "India Menswear Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028." The India menswear market is projected to exhibit a growth rate (CAGR) of 8.60% during 2023-2028.

What is Menswear?

Menswear comprises clothing items and accessories exclusively designed to complement the fashion choices of men. It includes suits, shirts, trousers, jackets, t-shirts, jeans, shorts, and vests, which can be worn for casual and formal occasions. It also consists of footwear, hats, belts, ties, and bags. It encompasses a wide spectrum of styles, including classic, casual, contemporary, and avant-garde. It often prioritizes functionality and practicality, with features like pockets, zippers, and closures designed for ease of use. As menswear contributes to physical comfort, protecting against environmental factors and enhancing overall well-being, its demand is rising in India.

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What are the growth prospects and trends in the India
Menswear industry?

At present, the increasing demand for premium quality menswear items made from durable materials and capable of withstanding wear and tear represents one of the crucial factors impelling the growth of the market in India. Besides this, the rising emergence of e-commerce platforms selling a wide variety of menswear items for affordable prices and delivering them to the doorstep of the buyers is supporting the growth of the market in the country. In addition, the growing awareness about sustainability and ethical fashion practices, prompting individuals to seek out eco-friendly and responsibly sourced clothing, is offering a favorable market outlook. Apart from this, the increasing emergence of domestic menswear brands offering high-quality products at competitive prices is bolstering the market growth in the country.

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What is included in market segmentation?

The report has segmented the market into the following categories:

Product Type Insights:
• Trousers
• Denims
• Shirts and T-Shirts
• Ethnic Wear
• Others

Season Insights:
• Summer Season
• Winter Season
• All-Season Wear

Distribution Channel Insights:
• Supermarkets and Hypermarkets
• Exclusive Stores
• Multi-Brand Retail Outlets
• Online Stores
• Others

Regional Insights:
• South India
• North India
• West & Central India
• East India

Market Breakup by Region:
• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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