Market Forecast By Product Type (Trousers, Denims, Shirts and T-Shirts, Ethnic Wear, Others), By Season (Summer Wear, Winter Wear, All Season Wear), By Distribution Channel (Supermarkets and Hypermarkets, Exclusive Stores, Multi-Brand Retail Outlets, Online Stores, Others) And Competitive Landscape
Product Code: ETC171260 | Publication Date: Jan 2022 | Updated Date: Jan 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
USA Menswear market currently, in 2023, has witnessed an HHI of 1475, Which has increased slightly as compared to the HHI of 1173 in 2017. The market is moving towards highly competitive. 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.
Report Name | US Menswear Market |
Forecast period | 2025-2031 |
CAGR | 8.4% |
Growing Sector | Apparel |
The US Menswear market report thoroughly covers the market by product type, by season, by distribution channel and competitive Landscape. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The US menswear market presents a diverse and dynamic landscape influenced by various factors. Comprising a wide range of clothing and accessories tailored for men, the market is shaped by shifting fashion trends, consumer preferences, and economic factors. As the menswear market continues to evolve, adaptability to changing fashion preferences, technological advancements, and a focus on sustainable practices will be crucial for success and growth in the US. In addition, the market is experiencing notable trends that reflect the evolving preferences and dynamics of the fashion industry. One prominent trend is the increasing demand for sustainable and ethically produced menswear, driven by heightened environmental awareness and consumer consciousness. Casualization, marked by a shift towards more comfortable and versatile clothing options, is gaining momentum, blurring the lines between traditional formal and casual wear. Further, the market faces several challenges that impact its dynamics and growth. One significant challenge is the shifting consumer preferences and the rise of casualization, challenging traditional distinctions between formal and casual wear. Moreover, the market must navigate through the complexities of rapidly changing fashion trends and the demand for more sustainable and ethically produced clothing, requiring brands to adapt their manufacturing processes and sourcing practices.
According to 6Wresearch, US Menswear market size is projected to grow at a CAGR of 8.4% during 2025-2031. The US menswear market is driven by various factors contributing to its growth and evolution. One key driver is the increasing emphasis on personal style and self-expression among men, leading to a higher demand for diverse and fashionable clothing options. In addition, the rise of social media and the influence of fashion influencers and celebrities play a significant role in shaping consumer preferences and driving trends. Additionally, the growing awareness of sustainable and ethical fashion practices is influencing purchasing decisions, prompting brands to adopt environmentally friendly manufacturing processes. Moreover, the expansion of e-commerce channels and the convenience of online shopping contribute to the market's growth, allowing brands to reach a wider audience. Furthermore, innovations in materials and technology, including smart fabrics and sustainable textiles, are fostering product differentiation and enhancing the overall appeal of menswear. As the market continues to cater to the evolving demands of the modern consumer, these growth drivers collectively contribute to the dynamic and competitive landscape of the US menswear market.
The US menswear market is influenced by various government initiatives that shape the industry's regulatory landscape and sustainability efforts. Government agencies, such as the Federal Trade Commission (FTC), play a role in ensuring transparency and consumer protection through labeling and advertising regulations. Additionally, initiatives promoting sustainable and ethical fashion practices align with broader environmental goals, influencing menswear brands to adopt eco-friendly manufacturing processes. Government-backed programs supporting the fashion industry's adaptation to technological advancements and digitalization contribute to the growth of e-commerce within the menswear market. Moreover, trade policies and international relations impact the market's global competitiveness and supply chain dynamics. Similarly, these efforts have advanced the US Menswear Market Share. As the government continues to address issues related to consumer rights, sustainability, and industry innovation, these initiatives play a crucial role in shaping the US menswear market and fostering responsible business practices.
The US menswear market is characterized by the presence of key players that significantly influence its trends and dynamics. Established and renowned brands such as Ralph Lauren, Calvin Klein, Tommy Hilfiger, and Brooks Brothers have established themselves as industry leaders, offering a diverse range of menswear spanning from casual to formal attire. These key players leverage their strong brand identities, extensive retail networks, and innovative marketing strategies to maintain a prominent position in the market. In addition, the businesses’ hold immense US Menswear Market Revenues. Additionally, emerging direct-to-consumer and digitally native brands, such as Bonobos and Everlane, contribute to the market's competitiveness, challenging traditional retail models. Collaborations between menswear brands and celebrities or influencers also play a role in shaping consumer perceptions and driving sales. As the menswear market continues to evolve, these key players remain at the forefront, adapting to changing consumer preferences and driving trends in the US.
The future outlook for the US menswear market, points towards a dynamic and evolving industry landscape shaped by shifting consumer behaviors and emerging trends. Anticipated developments include a heightened focus on sustainability, with consumers increasingly prioritizing eco-friendly and ethically produced menswear. In addition, the integration of technology is expected to play a pivotal role, not only in e-commerce but also in innovative materials and smart textiles, offering new possibilities for product differentiation. Additionally, the continued influence of social media and digital platforms is likely to drive brand engagement and consumer interactions, impacting purchasing decisions. Moreover, inclusivity and diversity are anticipated to remain central themes, with menswear brands embracing a broader range of styles, sizes, and cultural influences. As the industry adapts to these evolving trends, a blend of sustainability, technology, and a customer-centric approach is crucial for navigating the future landscape of the US menswear market.
According to Ravi Bhandari, Research Head, 6Wresearch, the US menswear market is constantly evolving, and the trends are always changing. However, one thing is certain – men are now more fashion-conscious than ever before. Trousers, denims, shirts and t-shirts, ethnic wear, and accessories are just a few of the many categories that have seen significant changes in recent years. Further, trousers are a versatile item of clothing that can be worn in a variety of settings, and they are essential to any man’s wardrobe. In recent years, there has been a shift in the market towards more comfortable and functional trousers. Men are now looking for trousers that are not only stylish but also practical and comfortable. Jogger-style pants and chinos have been particularly popular in recent years. They offer the perfect combination of comfort and style, making them ideal for both casual and formal wear.
Typically known for selling groceries, these giants like Walmart, Target, and Costco also feature a menswear section varied with a mix of apparel and accessories. One of the reasons why these stores are an excellent distribution channel for menswear is because of their vast customer base. With foot traffic in thousands of people daily, it makes it easier for them to reach a wider audience. The prices are also affordable, making it a popular destination for consumers looking for budget-friendly clothing options. Although these stores receive criticism for fast-fashion practices, they remain a significant distribution channel for menswear in the US.
The US Menswear market report provides a detailed analysis of the following market segments:
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 US Menswear Market Overview |
3.1 US Country Macro Economic Indicators |
3.2 US Menswear Market Revenues & Volume, 2021 & 2031F |
3.3 US Menswear Market - Industry Life Cycle |
3.4 US Menswear Market - Porter's Five Forces |
3.5 US Menswear Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 US Menswear Market Revenues & Volume Share, By Season, 2021 & 2031F |
3.7 US Menswear Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 US Menswear Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 US Menswear Market Trends |
6 US Menswear Market, By Types |
6.1 US Menswear Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 US Menswear Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 US Menswear Market Revenues & Volume, By Trousers, 2021-2031F |
6.1.4 US Menswear Market Revenues & Volume, By Denims, 2021-2031F |
6.1.5 US Menswear Market Revenues & Volume, By Shirts and T-Shirts, 2021-2031F |
6.1.6 US Menswear Market Revenues & Volume, By Ethnic Wear, 2021-2031F |
6.1.7 US Menswear Market Revenues & Volume, By Others, 2021-2031F |
6.2 US Menswear Market, By Season |
6.2.1 Overview and Analysis |
6.2.2 US Menswear Market Revenues & Volume, By Summer Wear, 2021-2031F |
6.2.3 US Menswear Market Revenues & Volume, By Winter Wear, 2021-2031F |
6.2.4 US Menswear Market Revenues & Volume, By All Season Wear, 2021-2031F |
6.3 US Menswear Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 US Menswear Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.3.3 US Menswear Market Revenues & Volume, By Exclusive Stores, 2021-2031F |
6.3.4 US Menswear Market Revenues & Volume, By Multi-Brand Retail Outlets, 2021-2031F |
6.3.5 US Menswear Market Revenues & Volume, By Online Stores, 2021-2031F |
6.3.6 US Menswear Market Revenues & Volume, By Others, 2021-2031F |
7 US Menswear Market Import-Export Trade Statistics |
7.1 US Menswear Market Export to Major Countries |
7.2 US Menswear Market Imports from Major Countries |
8 US Menswear Market Key Performance Indicators |
9 US Menswear Market - Opportunity Assessment |
9.1 US Menswear Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 US Menswear Market Opportunity Assessment, By Season, 2021 & 2031F |
9.3 US Menswear Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 US Menswear Market - Competitive Landscape |
10.1 US Menswear Market Revenue Share, By Companies, 2024 |
10.2 US Menswear Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |