High-End Men's Apparel Market

Goals
To analyze the high-end men's apparel sector (mainly focusing on swimwear and underwear) and
look into the growth trends, consumer trends, industry-facing trends, key players, and innovations.
Early Findings

 The market size of the global luxury apparel market valued at $67.85 billion in 2018 with
men's apparel representing 56% of that market.
 The luxury apparel market is expected to grow at a CAGR of 3.5%.
 The men's industry comprises of "men’s activewear, formal wear, essentials, casual wear,
and outerwear."
 The global swimwear market was valued at $18.45 billion in 2017, which is expected to
reach $28.15 billion by 2024.
 The market size of the global men's underwear industry was $10.14 billion in 2018, which is
expected to grow at a CAGR of 5.3% from 2019 to 2025.

Growth Trends

 The global menswear market is expected to grow with a CAGR of 4.7% over the period
spanning 2018-2023.
 Millennials are driving growth in the luxury segment owing to the adoption of luxury
lifestyles.
 Menswear is likely to outpace womenswear, which represents the larger chunk of the $1.7
billion industry, in terms of sales by 2022.
 Men's apparel is projected to grow by 1.9% in 2021 as compared to 1.4% growth of women's
apparel.
  Celebrity endorsement is one of the factors that significantly influences the growth in the
adoption of fashion trends within the menswear market.
 The key regions of growth for the luxury menswear apparel include Asia Pacific (China,
India, and Japan), Latin America (Mexico, Argentina, and Brazil), and Middle East & Africa
(South Africa, Saudi Arabia, and Morocco).

Key Players

 Some of the key players in the global luxury apparel market include Giorgio Armani,
Burberry, Prada, and Dolce & Gabbana among others.
 The key players operating in the global swimwear market include Haddow Group Plc, Nike
Inc., Boardriders, Inc., Arena Italia S.p.A., Swimwear Anywhere, Inc., Adidas AG, Dick's
Sporting Goods, Gap Inc., Phillips-Van Heusen Corporation (PVH Corp.), and Perry Ellis
International Inc.
 The industry leaders operating in the global underwear market include Phillips-Van Heusen
Corporation; Hanesbrands Inc.; Jockey International Inc.; Ralph Lauren Corporation; Levi
Strauss & Co.; American Eagle Outfitters Inc.; Naked Brand Group Inc.; Perry Ellis
International Inc.; HUGO BOSS; and Berkshire Hathaway Inc.

Proposed Additional Research

 Insights for the high-end men's apparel market are readily available, however, we recommend
doing a deep dive into the market by exploring growth trends, consumer trends, and industry-
facing trends specifically for the swimwear and underwear market. 
 We also recommend doing a deep dive into figuring out the key players in the industry based
on revenue/market share and also figure out the innovations within the market.