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Recent Study: Menswear in Hong Kong, China

Fast Market Research recommends "Menswear in Hong Kong, China" from Euromonitor International, now available

 

Boston, MA -- (SBWIRE) -- 11/19/2014 -- Menswear recorded value growth of 12%, reaching HKD$24 billion in 2013. Better economic development resulted in stronger consumer confidence. Eventually, it became the contributory factor that raised private consumption spending of local consumers and visitors. Moreover, male consumers are getting better groomed, which prepared the ground for strong growth of men?s outerwear in 2013. Furthermore, with frequent sales promotions offered by retailers like IT, H&M, Zara, Bauhaus and Gap on men?s apparel, volume growth of 12% for men?s outerwear was seen in 2013.

Competitive Landscape

IT Ltd led sales in menswear, with a 5% value share in 2013. The company has developed a wide range of in-house brands which are well liked by male consumers, for instance 5cm, :Chocoolate and A Bathing Ape. They provide consumers with comfortable everyday wear in different styles. Such a broad product portfolio is the strength of the company

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Industry Prospects

Menswear has a projected forecast period retail value CAGR of 6% at constant 2013 prices. The growing men?s fashion scene is expected to thrive over the forecast period. Besides, Hong Kong citizens have a more positive attitude towards Hong Kong, China?s future economic development, when compared to 2012. Consequently, they provide growth impetus for the category through 2018.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Menswear industry in Hong Kong, China with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Menswear industry in Hong Kong, China, our research will save you time and money while empowering you to make informed, profitable decisions.

The Menswear in Hong Kong, China market research report includes:

- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volumes and values, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

- What is the market size of Menswear in Hong Kong, China?
- What are the major brands in Hong Kong, China?
- How dynamic is the growth of clothing and footwear internet sales?
- What is the performance of women?s clothing vs men?s clothing?
- What % of clothing and footwear sales goes through grocery retailers?

Reasons to Get this Report:

- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions

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