Download - MEN’S WEAR-GLOBAL RETAIL SCENARIO (MP)
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INTRODUCTION
Mens wear is basically clothing for men. Thereare different types of men's wear like Indian andWestern, formal and casual.
The world market for menswear is expected toexceed $402 billion in 2014, according to researchfrom Market Line. This represents marketexpansion of over 14% during a five-year period.
The leading segment within the menswearindustry is comprised of clothing and footwearspecialists, which represents close to 60% of theoverall market in terms of value. The Americasrepresent almost 35% of the global market.
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OBJECTIVE
To study men's wear market in India andalso its global scenario.
SUB-OBJECTIVE-
Market study of Indian market.
Exploratory study of global scenario
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CONTENTS
Introduction
Methodology
Background (Mens Wear In India)History, Evolution & Trends Of Mens
Fashion
Indian Mens wear Market Size Leading National And International
brands
Menswear Market In India
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INDIAN MENS WEAR MARKETSIZE
MENS SHIRTS- Research valued themarket in mens shirts at $3.4 billion in
2010. This market is expected to growat a CAGR of 6.4% over the next fiveyears, and is projected to be worth $4.6billion in 2015.
MENS TROUSERS- The trouserscategory is the second largest category
in mens apparel, accounting for
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MENS FORMAL SUITS- The current marketsize of the formal suits, jackets and
blazers segment is estimated at $9 billion.This segment is expected to grow at a
CAGR of 7% over the next five years, witha projected worth of $11billion in 2015.
The premium segment is expected to seea growth in its share from 4.8% in 2009 to
6% in 2014. The increase in this categorycan be attributed to the increasingpreference of executives to wear formalattire at office meetings
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LEADING INDIAN MENSWEAR BRANDS
PARK AVENUE
DINESH TEXTILES
OCM
LEE LEVIS
WRANGLER
PARX
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VAN HEUSEN
JOHN PLAYERS
DENIM
RAYMOND
SIYARAMS
KOUTONS
DCOT SPYKAR
WILLS LIFESTYLE
MUFTI
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LEADING INTERNATIONALMENS WEAR BRANDS
RALPH LAUREN
TOM FORD
LVMH
LACOSTE
ESPRITTOMMY HILFIGER
VERSACE
ARMANI
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GLOBAL MENS WEARMARKET SCENARIO
The Menswear - Global Group of Eight(G8) Industry Guide is an essentialresource for top-level data and analysis
covering the Menswear industry in eachof the G8 (United States, Canada,Germany, France, United Kingdom, Italy,Russia and Japan) countries.
The G8 Menswear market grew by 3.5%
between 2004 and 2008 to reach a
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In 2013, the market is forecast to havea value of $247.7 trillion; an increase of
2.8% from 2008.The US is the worldslargest market and generates 45.5% ofglobal revenues.
Sales through clothing, footwear,accessories and luxury goods retailers
dominated the global menswear marketin 2008, generating 54% of the market'soverall revenues.
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CONCLUSION
It can be concluded that there is hugescope for branded mens wear in Indiaas with increase in globalization.
The income level as well as the GDP ofIndian consumers is increasing and asthe size of Indian consumer base ishuge and average age is young, thedemand in apparel market is constantlyrising.
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The global scenario of apparel markethas huge scopes for both Indian and
international brands and the Indianmarket scenario is also very profitablefrom the view of a business.
The global market study shows thatthough mens wear market is growing in
India but in western countries themarket is matured and has reachedsaturation.
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THANK YOU