Men’s wear segment is the largest segment in Indian apparel market. According to the market research report “Indian Men’s Wear Market Forecast to 2018”, menswear market size is about Rs xx crores (US$ xx billion) and is growing at a CAGR of xx per cent per annum. And with this growth rate, it is estimated to reach a size of Rs xx crores (US$ xx billion) by 2018.
Over the past five years (2009-2013), the Indian men’s wear market has been growing at a rapid pace. The Indian men’s wear market is the fastest growing sector among other sectors of Indian apparel market and is expected to sustain its growth in the coming years.
The menswear market has grown at a fast rate. The reason is the evolution of the men’s wear market in Indian metros and even in the rural areas and increasing brand awareness among the consumers in terms of quality and up-gradation of service standards. That is why many men’s wear brands including the top international luxury brands have shifted their focus to Tier II, III cities where consumer are showing increasing demand for brands. While domestic brands are strong on their own, international brands are raising the bar with higher prices. They are creating a new segment called the super-premium and giving more choices to the consumer.
The report categorizes Indian men’s wear market into different product segments such as shirts, trousers, inner wear, suits, T-shirts, ethnic wear, sleep wear and others to provide a detailed overview of past and present performance, both in value and volume terms, of each segment. The segment-wise future outlook has been given in the report which will help readers to identify the future growth spots and the market target.
All categories like shirts, trousers, inner wear, suits, T-shirts, ethnic wear, sleep wear are showing a very high growth rate. Also, the report provides a detailed overview of past and present performance, both in value and volume, of each sub-segment.
Indian Men’s Wear Market Forecast To 2018 is a comprehensive research that contains detail statistics, in-depth analysis, and quality research on Indian apparel retail market.
The report helps readers to understand the Indian consumer behavior and their preferences and the real scenario of the men’s wear market in the country.
The report covers elaborate analysis of the key players, both local and international, to help clients understand the market, its structure and progress in the coming years.
The report, also, focuses various distribution networks existing in the Indian market and the market trends, potential future growth areas, and challenges for the sector.
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