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Men's Clothing Stores in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Men's Clothing Stores Market Research Report | NAICS 44811 | May 2014

Following suit: Increasing employment and income will help drive demand as the economy improves

IBISWorld’s Men's Clothing Stores market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$10bn
Annual Growth 09-14
2.1%
Annual Growth 14-19
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Profit
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Employment
58,211
Businesses
8,454
Industry Analysis & Industry Trends

The Men's Clothing Stores industry was especially sensitive to the economic recession. Sinking consumer confidence, brought about by skyrocketing unemployment and low per capita disposable income growth, limited downstream demand for apparel. Nevertheless, as the economy recovers, spending and demand will strengthen. In addition, a pattern of merger and acquisition activity has characterized the industry as large companies expand their market reach and product mixes... purchase to read more

Industry Report - Industry Analysis Chapter

The Men's Clothing Stores industry is recovering after struggling during the recession. Declining per capita disposable income, coupled with skyrocketing unemployment, put significant downward pressure on consumer sentiment. As a result, shoppers tightened their budgets and cut expenditures on men's apparel. However, since 2010, the industry has been rebounding as the economic climate continues to improve, causing industry revenue to grow at an average annual rate of 2.1% to $9.6 billion during the five years to 2014. An uptick in revenue in 2011, which arose from improvements in the overall economy, aided in the recovery from revenue declines in the early part of the five-year period. This upward momentum is expected to continue into 2014, with revenue rising 0.5% during the year... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Men's Clothing Stores Industry?

Men's clothing stores retail a variety of men's and boys' suits, formal wear, shirts, t-shirts, casual slacks, jeans, sport coats, blazers, sports apparel, sweaters, overcoats, raincoats and accessories. Services may also include basic alterations such as hemming, taking in or letting out seams and lengthening or shortening sleeves.

Industry Products
Suits and formal wearShirts and T-shirtsCasual slacks and jeansSport coats and blazersSports apparel and sweatersOvercoats and raincoatsAccessories
 
Industry Activities
Men's and boys' clothing retailingMen's and boys' clothing accessories retailingMen's and boys' undergarments retailing, including socks and undershirtsAltering men's and boys' clothingMen's and boys' leather clothing retailingMen's and boys' gloves retailingMen's and boys' fur clothing retailing


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