Western Wear Market Forecast 2016-2023 | Industry Share, Latest Trends, Investment, Top Players, Growth and Regions Forecast
A recent report by KD market insights titled as "Western Wear Market Size, Trends &
Opportunity Outlook – Forecast to 2023" provides the key
trends, opportunities and challenges market will face in the forecasted period
of 6 years i.e. 2016-2023. The study also provides the Western Wear Market. competitors share and region
wise analysis around the globe.
The global western
wear market size was $71,132 million in 2016, and is expected to reach
$99,423 million by 2023, registering a CAGR of 4.8% during the
forecast period. Western wear is a category of clothing that defines its unique
style by referring to the clothes worn in the 19th century Wild West. Western
wear market can be broadly split into two categories, business wear or office
wear, which includes formal shirts, trousers, suits, skirts, t-shirts, and
dresses; and event-specific wear, which includes clothing worn at events such
as weddings, proms, award ceremonies, and others. Latest trends, advent of
e-commerce, increase in disposable income, rise in fashion consciousness among
youth, shift in consumer preferences, and improved lifestyle have a positive
impact on the market. Previously, the western wear market was restricted to the
metros. However, it is witnessing growth in the remote locations such as
villages and mini-metros, providing potential opportunities for market
expansion in the upcoming years.
Constant innovations and
exposure to international fashion trends through social media websites such as
Instagram, Tumblr, Pinterest, and Facebook are the major factors that fuel the
growth of the global western wear market. In addition, rise in brand awareness,
surge in demand for comfortable wear & better design at affordable prices,
and increase in female working population with high disposable income act as
the key drivers of the market. However, inability of the existing players to
meet the consumer demands, due to ever-changing fashion trends hampers the
market growth. Unavailability of raw material required to produce the fabric
further and high cost of branded clothes restrain the growth of this market.
Conversely, changing consumer preferences and increase in fashion consciousness
among consumers are expected to provide ample opportunities for growth of this
market. The evolution of fusion wear, which combines the attributes of ethnic
wear with western wear, is also emerging as an additional opportunity for
global western wear market.
The report segments the
global western market on the basis of type, distribution channel, end user, and
geography. According to type, it is bifurcated into casual and formal wear.
Depending on distribution channel, it is fragmented into online platforms,
specialty stores, supermarkets, hypermarkets, and brand outlets. On the basis
of end user, the market is segmented into men, women, and kids. Geographically,
it is analyzed into North America (U.S., Canada, and Mexico), Europe (UK,
Germany, France, Italy, and rest of Europe), Asia-Pacific (India, China, Japan,
and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, and UAE).
The key players operating in western wear market are Benetton Group
S.r.l., Dolce & Gabanna, Prada S.p.A, American Apparel Inc., Levi Strauss
& Co, and Diesel S.p.A., Perry Ellis International Inc., Nautica Apparel,
Inc., Burberry Group Plc., The Gap Inc., and PVH Corp.
KEY BENEFITS FOR
STAKEHOLDERS
- This report provides
quantitative analysis of the current trends, estimations, and dynamics from
2016 to 2023, which assist in identifying the prevailing market opportunities.
- Major countries in each region are mapped based on the revenue contribution to the global market.
- Market player positioning of the industry has been provided to provide a clear understanding of their competitive strengths.
- Porter's Five Forces analysis is used to illustrate the potential of suppliers and buyers in the global western wear industry.
- Comprehensive analysis of factors that drive and restrict the growth of the western wear market is provided.
- Major countries in each region are mapped based on the revenue contribution to the global market.
- Market player positioning of the industry has been provided to provide a clear understanding of their competitive strengths.
- Porter's Five Forces analysis is used to illustrate the potential of suppliers and buyers in the global western wear industry.
- Comprehensive analysis of factors that drive and restrict the growth of the western wear market is provided.
KEY MARKET SEGMENTS
By Type
- Casual
- Formal
- Formal
By Distribution Channel
- Online Platforms
- Specialty Stores
- Supermarkets
- Hypermarkets
- Brand Outlets
- Specialty Stores
- Supermarkets
- Hypermarkets
- Brand Outlets
By End User
- Men
- Women
- Kids
- Women
- Kids
By Geography
North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- Italy
- France
- Spain
- UK
- Rest of Europe
Asia-Pacific
- China
- Japan
- South Korea
- Australia
- India
- Rest of Asia-Pacific
LAMEA
- Brazil
- South Africa
- UAE
- Saudi Arabia
- Rest of LAMEA
- U.S.
- Canada
- Mexico
Europe
- Germany
- Italy
- France
- Spain
- UK
- Rest of Europe
Asia-Pacific
- China
- Japan
- South Korea
- Australia
- India
- Rest of Asia-Pacific
LAMEA
- Brazil
- South Africa
- UAE
- Saudi Arabia
- Rest of LAMEA
Get Complete Research Report
with TOC @: https://www.kdmarketinsights.com/product/western-wear-market-amr
Table Of Content:
CHAPTER 1: INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR
STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and
models
CHAPTER 2: EXECUTIVE
SUMMARY
2.1. SNAPSHOT
2.2. CXO PERSPECTIVE
CHAPTER 3: MARKET
OVERVIEW
3.1. MARKET DEFINITION AND
SCOPE
3.2. KEY FINDINGS
3.2.1. Top investment
pockets
3.2.2. Top winning
strategies
3.3. PORTER’S FIVE FORCE
ANALYSIS
3.4. MARKET PLAYER
POSITIONING, 2016
3.5. MARKET DYNAMICS
3.5.1. Drivers
3.5.1.1. Economic growth
3.5.1.2. Rapid
urbanization
3.5.1.3. Increase in
internet penetration
3.5.2. Restraint
3.5.2.1. High cost of raw
materials
3.5.3. Opportunity
3.5.3.1. Growth of
Asia-Pacific and LAMEA economies
CHAPTER 4: WESTERN WEAR
MARKET, BY TYPE
4.1. OVERVIEW
4.1.1. Market size and
forecast
4.2. Casual
4.2.1. Key market trends,
growth factors, and opportunities
4.2.2. Market size and
forecast, by region
4.2.3. Market size and
forecast, by country
4.3. Formal
4.3.1. Key market trends,
growth factors, and opportunities
4.3.2. Market size and
forecast, by region
4.3.3. Market size and forecast,
by country
CHAPTER 5: WESTERN WEAR
MARKET, BY DISTRIBUTION CHANNEL
5.1. OVERVIEW
5.1.1. Market size and
forecast
5.2. Online Platforms
5.2.1. Key market trends,
growth factors, and opportunities
5.2.2. Market size and
forecast, by region
5.2.3. Market size and
forecast, by country
5.3. Specialty stores
5.3.1. Key market trends,
growth factors, and opportunities
5.3.2. Market size and
forecast, by region
5.3.3. Market size and
forecast, by country
5.4. Supermarkets
5.4.1. Key market trends,
growth factors, and opportunities
5.4.2. Market size and
forecast, by region
5.4.3. Market size and
forecast, by country
5.5. Hypermarkets
5.5.1. Key market trends,
growth factors, and opportunities
5.5.2. Market size and
forecast, by region
5.5.3. Market size and
forecast, by country
5.6. Brand outlets
5.6.1. Key market trends,
growth factors, and opportunities
5.6.2. Market size and
forecast, by region
5.6.3. Market size and
forecast, by country
CHAPTER 6: WESTERN WEAR
MARKET, BY END USER
6.1. OVERVIEW
6.1.1. Market size and
forecast
6.2. Men
6.2.1. Key market trends,
growth factors, and opportunities
6.2.2. Market size and
forecast, by region
6.2.3. Market size and
forecast, by country
6.3. Women
6.3.1. Key market trends,
growth factors, and opportunities
6.3.2. Market size and
forecast, by region
6.3.3. Market size and
forecast, by country
6.4. Kids
6.4.1. Key market trends,
growth factors, and opportunities
6.4.2. Market size and
forecast, by region
6.4.3. Market size and
forecast, by country
CHAPTER 7: WESTERN WEAR
MARKET, BY REGION
7.1. OVERVIEW
7.1.1. Market size and
forecast
7.2. NORTH AMERICA
7.2.1. Key market trends,
growth factors, and opportunities
7.2.2. Market size and
forecast
7.2.2.1. U.S.
7.2.2.2. Canada
7.2.2.3. Mexico
7.3. Europe
7.3.1. Key market trends,
growth factors, and opportunities
7.3.2. Market size and
forecast
7.3.2.1. UK
7.3.2.2. Germany
7.3.2.3. France
7.3.2.4. Italy
7.3.2.5. Spain
7.3.2.6. Rest of Europe
7.4. Asia-Pacific
7.4.1. Key market trends,
growth factors, and opportunities
7.4.2. Market size and
forecast
7.4.2.1. China
7.4.2.2. India
7.4.2.3. Japan
7.4.2.4. Australia
7.4.2.5. South Korea
7.4.2.6. Rest of
Asia-Pacific
7.5. LAMEA
7.5.1. Key market trends,
growth factors, and opportunities
7.5.2. Market size and
forecast
7.5.2.1. Brazil
7.5.2.2. Argentina
7.5.2.3. UAE
7.5.2.4. Rest of LAMEA
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