Global Menswear Industry Expansion is Forecast to Reach 3.9% P.A.

Date: 2015-08-14

The expansion of the global menswear industry is forecast to reach 3.9% p.a. in the coming years. Between 2007 and 2013 the market increased with an average annual growth of 5.4%. Currently, shorts and trousers account for 35.0% of the global demand while the remaining market share is divided between shirts (22.2%), anoraks (9.4%), blazers and jackets (8.0%), overcoats (5.4%), underpants (4.7%), suits (3.8%), ensembles (1.7%), swimwear (0.7%) and other menswear (9.1%).

Brazil, China, Italy, Japan and the United States represent the largest menswear markets while the strongest annual growth is forecast to occur in Tanzania (18.3%), Bangladesh (14.6%), Cambodia (13.4%), Ethiopia (12.4%) and Panama (12.0%).

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