Rockville, WA -- (SBWIRE) -- 07/12/2018 -- The demand within the global market for men's clothing has been escalating on account of the advent of metrosexual behaviour and nascent styling trends. The fashion industry has revolutionized the way men view dressing and grooming, and this has created growth spaces within the global market for men's clothing. Furthermore, the emergence of multi-brand outlets that deal in the sale of all forms of apparels for men has also given an impetus to the growth of the global market. Men's clothing has become a multibillion dollar industry as fashion trends have seeped into the lifestyles of the masses. The average urban man is expected to spend more time and money on personal care, looks, and grooming than would have been the case a decade ago. Due to this reason, the manufacturers of men's clothing have become confident of introducing greater volumes of products or men's clothing lines in the market. It is expected that the global market for men's clothing would grow hand-in-hand with the efforts of the fashion industry to promote the latest trends. Besides this, the share of income spent on fashion products by the people has also increased, which also points to market growth over the forthcoming years.

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The global market for men's clothing is expected to expand at a steady CAGR over the period between 2017 and 2022. Furthermore, the global market is expected to accumulate revenues worth US$ 540,454.6 Mn by 2022.

Media Influences and Advertisements to Propel Demand

Fashion statements and quotients are derived from what is trending across the media or what is portrayed through the entertainment industry. The people quickly give in to the trends that are displayed via movies and other avenues of entertainment. Hence, the entertainment industry has played a major role in the growth of the global market for men's clothing and has created growth spaces for market players. Furthermore, advertisements have appealed to the psyche of the masses who have now accepted that it is necessary to wear good clothes to feel more comfortable and relaxed. This has also propelled demand within the global market for men's clothing and has given a green signal to manufacturers to introduce new lines of clothing. Besides this, the last decade has witnessed an upsurge in the number of innerwear, ethnic wear, sleep wear, and T-shirts for men that flow into the market on a daily basis. This has also given an impetus to the growth of the global market for men's clothing.

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Europe to Emerge as Leading Regional Segment

Several European countries have become the hubs for men's fashion, and this has given a push to the demand within the regional market. France, Italy, and England are amongst the top countries with regards to the fashion index for men. Furthermore, large brands for men's clothing have targeted these regions to clock in high shares of revenues. It is anticipated that the creation of iconic brands would play a pivotal role in enhancing the growth prospects of the global market for men's clothing. The market for men's clothing in Asia Pacific has also been expanding at a robust rate due to the adoption of latest fashion trends in the region.

Some of the key players operating in the global market for men's clothing are H & M Hennes & Mauritz AB, The Gap Inc., Industria de Diseno Textil S.A, LVMH Moet Hennessy Louis Vuitton S.E, Kering S.A, Burberry Group Plc., NIKE Inc., and Hugo Boss AG, PVH Corp.

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