Clothing Labels & Hangtags Product Manager | Designing and Developing New Items for the U.S. Market | Products Certified OEKO-100, GRS, FSC | Free Custom Sample Ready in 5-7 Days | Swift Support 🚀
The #UK men's fashion market is booming, with total sales reaching £13.2 billion in 2023, up 4%. 💷 However, with shifting consumer demands and unpredictable economic conditions, 📉 how can menswear #brands seize market opportunities? Euromonitor's latest report distills key data and insights for us. 📊 The report forecasts the UK #MensFashion market size will reach £14 billion by 2028, growing at a CAGR of 2.2%. 📈 This information helps us judge market prospects more accurately. I briefly summarise a few important findings: ✅ In 2023, men's #swimwear sees the fastest growth at 9%, with total sales of £196 million. The price-performance ratio becomes an important consideration for consumers. 💰 ✅ Economy and premium men's jeans show significant polarization, targeting different consumer groups. 👖 ✅ Quality #bespoke suits still see demand, projecting professionalism and refined personal image. 👔 For more segment data and forecasts see the full report. 📄 Very welcome to share your unique insights into the UK men’s fashion market... #Marketing #Fashion #Branding #Business #FashionIndustry #GlobalTrade #BusinessIntelligence #Ecommerce #Future #Apparel #MensWear #Global #Secondhand #Pajamas #Underwear #Coat #JbtIndustry
