The UK men’s wear market is anticipated to grow at a CAGR of 4.3% during the forecast period. The millennials population across the country is increasing the demand for higher quality men’s wear with frequently updated collections and unique designs. This, in turn, will fuel the UK men’s wear industry. Additionally, more retailers are tapping into the growth opportunities of the UK’s menswear market by expanding their men's clothing offerings, as well as launching stores and separate websites dedicated to men's fashion.
In addition to this, various retailers are also taking their business to various online platforms. This, in turn, will also present new growth opportunities to the UK men’s wear market. Furthermore, the growing social media influence of fashion on the young and millennial generation will also impact the growth of the UK men’s wear market.
The UK men’s wear market is segmented based on product type and distribution channels. Based on the product type, the market is sub-segmented into clothing, accessories, and footwear. The clothing segment is estimated to contribute a prominent share in the market. The footwear segment is estimated to grow significantly owing to its high popularity among millennials and the young population. Based on the distribution channel, the market is sub-segmented into online and offline. The offline distribution channel is estimated to contribute a significant share while the online distribution channel is estimated to exhibit considerable growth during the forecast period.
Some of the key players of the UK men’s wear market include Burberry Group plc, C&J Clark International Ltd., Crockett & Jones, and others. The market players are considerably contributing to the market growth by adopting various strategies including mergers, and acquisitions, collaborations to stay competitive in the market.
Research Methodology
The market study of the UK men’s wear market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include
The report is intended for men’s wear suppliers and manufacturers, retail companies, raw material suppliers, distributors, third-party suppliers, and other market participants for overall market analysis and competitive analysis. The report provides an in-depth analysis of market size, products offered by the companies, and future market opportunities. The report will serve as a source for a 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.
Market Segmentation
The Report Covers
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Market Determinants
3.1. Motivators
3.2. Restraints
3.3. Opportunities
4. Market Segmentation
4.1. UK Men’s Wear Market by Product Type
4.1.1. Clothing
4.1.2. Accessories
4.1.3. Footwear
4.2. UK Men’s Wear Market by Distribution Channel
4.2.1. Online
4.2.2. Offline
5. Company Profiles
5.1. Adidas AG
5.1.1. Overview
5.1.2. Adidas AG in Men’s Wear Landscape
5.1.3. Recent Developments
5.2. Aquascutum 1851 Ltd.
5.3. Burberry Group plc
5.4. C&J Clark International Ltd
5.5. Crockett & Jones
5.6. Hackett Ltd.
5.7. J. Barbour & Sons Ltd
5.8. ORLEBAR BROWN
5.9. Reiss
5.10. Universal Works Ltd.
1. UK MEN’S WEAR MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
2. UK MEN’S WEAR MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
1. UK MEN’S WEAR MARKET SHARE BY PRODUCT TYPE, 2019 VS 2026 (%)
2. UK MEN’S WEAR MARKET SHARE BY DISTRIBUTION CHANNEL, 2019 VS 2026 (%)
3. UK MEN’S WEAR MARKET SIZE, 2019-2026 ($ MILLION)
4. UK MEN’S CLOTHING MARKET SIZE, 2019-2026 ($ MILLION)
5. UK MEN’S ACCESSORIES MARKET SIZE, 2019-2026 ($ MILLION)
6. UK MEN’S FOOTWEAR MARKET SIZE, 2019-2026 ($ MILLION)
7. UK MEN’S WEAR AT ONLINE STORES MARKET SIZE, 2019-2026 ($ MILLION)
8. UK MEN’S WEAR AT OFFLINE STORES MARKET SIZE, 2019-2026 ($ MILLION)