The North American men’s wear market is anticipated to grow at a CAGR of 4.7% during the forecast period. The increased popularity of online shopping from various e-commerce portal is considered to be a significant factor driving the North American men’s wear market. Additionally, the luxury men’s wears sale is also raising considerably owing to the high disposable income of the population. Moreover, the high popularity of sports apparel and will also aid in the growth of the market.

The North American 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. In addition to this, the increasing focus of the companies towards made in America trend will also impact North America’s shares in the men’s wear market. 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 North American men’s wear market include Brooks Brothers Group, Inc., VF Corp., Nike Inc., Gap Inc., Levi & Strauss Co., Ralph Lauren Corp., and others. The market players are considerably contributing to market growth by adopting various strategies to stay competitive in the market.  For instance, in April 2019, Ralph Lauren unveiled the Earth Polo, made completely from recycled plastic bottles and dyed with a waterless process; commits to removing 170 million plastic bottles from landfills and oceans by 2025. The Earth Polo was produced in partnership with First Mile, an organization with a global mission focused on sustainability and positive social impact. The Earth Polo is available for men and women in global retail stores and on RalphLauren.com.

Research Methodology

The market study of the North American 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

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

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

1. North American Men’s Wear Market Research and Analysis by Product Type
2. North American Men’s Wear Market Research and Analysis by Distribution Channel

The Report Covers

• Comprehensive research methodology of the North American men’s wear market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the North American men’s wear market.
• Insights about market determinants which are stimulating the North American men’s wear market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.