Global Western Wear Market Analysis & Industry Forecast 2016-2023, With an Expected CAGR of 4.8% - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jul 6, 2018--The “Western Wear Market by Type, Distribution Channel, and End User - Global Opportunity Analysis and Industry Forecast, 2016-2023” report has been added to ResearchAndMarkets.com’s offering.
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.
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.
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.
Companies Mentioned: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.
Key Topics Covered:
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Western Wear Market, By Type
Chapter 5: Western Wear Market, By Distribution Channel
Chapter 6: Western Wear Market, By End User
Chapter 7: Western Wear Market, By Region
Chapter 8: Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/m9rx79/global_western?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180706005098/en/
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INDUSTRY KEYWORD: RETAIL FASHION
SOURCE: Research and Markets
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PUB: 07/06/2018 05:34 AM/DISC: 07/06/2018 05:34 AM