Global Western Wear Market

1. Global Western Wear Market was valued US$ 72.20 Bn in 2017 and is expected to reach US$ 99.80 Bn by 2026, at a CAGR of 4.05 % during a forecast period. Global western wear market is segmented by type, distribution channel, end user and geography. Based on product type, the global western wear market is classified into casual and formal. By distribution channel, global western wear market is divided into hypermarkets, supermarkets, convenience stores, specialty stores, online stores and others. End user segment is categorised into men, women and kids. By geographically, global western wear market spread by North America, Europe, Asia Pacific , South America and Middle East & South Africa. Rapid globalization, enlarged brand awareness, and superior consumer group are propelling the growth in the western wear market across the globe. Social media trends mainly drive the global western wear market, as this form of media is used by young fashion-aware individuals. Variations in western wear trends are caused by celebrities, fashion bloggers, and channels on social media, which act as trendsetters are boosting the growth in the global western wear market. The surge in demand for comfortable wear & better design at reasonable prices acts as the key drivers of the market. The high cost of branded clothes, vigorous fashion trends, and unattainability of raw materials are limiting the growth in the western wear market. Women segment is expected to grow at a high rate of CAGR in the global western wear market. The growth can be attributed to fashion designers are always experimenting with women’s fashion in terms of material, design, and pallet. It is very difficult for the key players to hold their roots in women formal western wear owing to fast-changing fashion trends in women wearing. The ratio of working-class women is rapidly growing across the globe and it is acquainted that women workforce is growing in all sectors such as senior official, managers, legislators, and others. The upsurge in a female working poulation with high disposable income is boosting the demand for western wear. Online platform becomes popular owing to that it provides the delivery to the doorstep by order of western wear clothes. With an online platform, the consumer can compare the price of western wear product on different websites. Online platforms provide the home delivery and free shipping and exchange & return offer turn to increase the western wear market.

2. Asia Pacific is projected to dominate the global western wear market. The developing economies such as China and India, have a large number of the youth population. Variations in western wear trends followed by celebrities are driving demands for western wear market. Formal western wear is mandatory for employees in abundant organizations. Furthermore, some organizations consume acceptance of casual western wear. Exponential growth in the number of prospective buyers in India is likely to drive the market growth in this region. Key profiled and analysed in the Global Western Wear Market 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. Scope of the report for Global Western Wear Market Global Western Wear Market, By Type • Casual • Formal Global Western Wear Market, By Distribution Channel • Online Platforms • Specialty Stores • Supermarkets • Hypermarkets • Brand Outlets Global Western Wear Market, By End user • Men • Women • Kids Global Western Wear Market, By Region • North America • Europe • Asia Pacific • Middle East & Africa • Latin America

3. Key players in Global Western Wear Market • Benetton Group S.r.l. • Dolce & Gabanna • Prada S.p.A • American Apparel Inc. • Levi Strauss & Co • Diesel S.p.A. • Perry Ellis International Inc. • Nautica Apparel, Inc. • Burberry Group Plc. • The Gap Inc. • PVH Corp. • Gianni Versace S.p.A., • Chanel S.A. • LVMH Moet Hennessy Louis Vuitton SE. • Hermes International S. For more information visit: https://www.maximizemarketresearch.com/market-report/global-western-wear- market/21925/ This report published by Maximize Market Research Company