The UK men’s wear market is anticipated to grow at a CAGR of 4.3% during the forecast period. Men population in the UK has become sophisticated in their fashion choices. Different forms of styles have been imported into their daily life owing to the increasing access to information and shopping possibilities through the internet. In addition to this, trends in the age structure of the male UK populatio are significantly impacting the growth of the UK men’s wear. Additionally, the financial stability of the male population is also aiding to the growing shares of the market during the forecast period.
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The men in the UK are much more driving towards the locally made garments which will also present a new growth opportunity for the UK men’s wear market. Additionally, the rising popularity of fitness trainers and training across the country has also significantly raised the demand for the footwear segment of men’s wear market. Along with this, the acceptance for sportswear as a practical outfit for everyday wear has also increased considerably in recent years. In addition to this, the demand for comfortable and eco-friendly fabrics has increased rapidly among the young as well as older men population. Hence, the aforementioned factors will fuel the growth of the UK men’s wear market.
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Market Coverage
- Market numbers available for – 2019-2026
- Base year- 2019
- Forecast period- 2020-2026
- Segment Covered-
o By Product Type
o By Distribution Channel
- Competitive Landscape- Burberry Group plc, C&J Clark International Ltd., Crockett & Jones, and others
Key questions addressed by the report
- What is the market growth rate?
- Which segment dominates the market in the base year?
- Which segment will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from the pre-COVID forecast
o Most affected segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
UK Men’s Wear Market Report Segment
By Product Type
- Clothing
- Accessories
- Footwear
By Distribution Channel
- Online
- Offline
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