Product Code: ETC171283 | Publication Date: Aug 2023 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Menswear market currently, in 2023, has witnessed an HHI of 4942, Which has increased slightly as compared to the HHI of 4098 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The India menswear market is projected to grow at a CAGR of 10.7% during 2023-2029. Men???s fashion in India has seen great changes over the past few years due to high disposable incomes and increasing aspirations for greater self-expression through clothing styles and personal preferences. The growing demand for menswear products such as formal wear, casual wear, ethnic wear, sportswear & activewear among males has provided significant growth opportunities for manufacturers operating in this space.
A few of the major drivers influencing the growth of the India menswear market are an increase in purchasing power coupled with changing lifestyles; rising acceptance of westernized dressing styles; availability of global brands in domestic markets; increasing penetration of e-commerce platforms across Tier 2 cities; rise in men`s grooming & fashion consciousness; expansion activities undertaken by leading players like Zara and H&M.; etc..
Despite many positive indicators driving growth within the industry, there exist certain challenges that hinder its progress such as low penetration levels outside metros/Tier 1 cities resulting from lack access to quality products and retail outlets; limited merchandising options due to large presence of unorganized vendors selling unauthorized product copies or counterfeit items making it difficult or customers distinguish between authentic versus fake goods ;rising labor costs coupled with higher taxes impacting production margins negatively ;etc.
Raymond Group , Arvind Ltd., Aditya Birla Fashion Retail Limited (ABFRL), Kewal Kiran Clothing Limited (KKCL), Future Lifestyle Fashions , Lux Industries Ltd., Jockey International Inc., Siyaram Silk Mills Ltd., Bombay Rayon Fashions Ltd., Welspun India Ltd
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Menswear Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Menswear Market Revenues & Volume, 2020 & 2030F |
3.3 India Menswear Market - Industry Life Cycle |
3.4 India Menswear Market - Porter's Five Forces |
3.5 India Menswear Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.6 India Menswear Market Revenues & Volume Share, By Season, 2020 & 2030F |
3.7 India Menswear Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
4 India Menswear Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Menswear Market Trends |
6 India Menswear Market, By Types |
6.1 India Menswear Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Menswear Market Revenues & Volume, By Product Type, 2020-2030F |
6.1.3 India Menswear Market Revenues & Volume, By Trousers, 2020-2030F |
6.1.4 India Menswear Market Revenues & Volume, By Denims, 2020-2030F |
6.1.5 India Menswear Market Revenues & Volume, By Shirts and T-Shirts, 2020-2030F |
6.1.6 India Menswear Market Revenues & Volume, By Ethnic Wear, 2020-2030F |
6.1.7 India Menswear Market Revenues & Volume, By Others, 2020-2030F |
6.2 India Menswear Market, By Season |
6.2.1 Overview and Analysis |
6.2.2 India Menswear Market Revenues & Volume, By Summer Wear, 2020-2030F |
6.2.3 India Menswear Market Revenues & Volume, By Winter Wear, 2020-2030F |
6.2.4 India Menswear Market Revenues & Volume, By All Season Wear, 2020-2030F |
6.3 India Menswear Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 India Menswear Market Revenues & Volume, By Supermarkets and Hypermarkets, 2020-2030F |
6.3.3 India Menswear Market Revenues & Volume, By Exclusive Stores, 2020-2030F |
6.3.4 India Menswear Market Revenues & Volume, By Multi-Brand Retail Outlets, 2020-2030F |
6.3.5 India Menswear Market Revenues & Volume, By Online Stores, 2020-2030F |
6.3.6 India Menswear Market Revenues & Volume, By Others, 2020-2030F |
7 India Menswear Market Import-Export Trade Statistics |
7.1 India Menswear Market Export to Major Countries |
7.2 India Menswear Market Imports from Major Countries |
8 India Menswear Market Key Performance Indicators |
9 India Menswear Market - Opportunity Assessment |
9.1 India Menswear Market Opportunity Assessment, By Product Type, 2020 & 2030F |
9.2 India Menswear Market Opportunity Assessment, By Season, 2020 & 2030F |
9.3 India Menswear Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
10 India Menswear Market - Competitive Landscape |
10.1 India Menswear Market Revenue Share, By Companies, 2023 |
10.2 India Menswear Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |