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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 | Aug 2016

Suit up: Bolstered by economic gains, demand for men's apparel is expected to grow

IBISWorld’s Men's Clothing Stores market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$10bn
Annual Growth 11-16
3.1%
Annual Growth 16-21
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Profit
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Employment
56,432
Businesses
3,786
Industry Analysis & Industry Trends

The Men's Clothing Stores industry relies on low unemployment levels to spur demand for office attire and encourage new clothing purchases. As a result, pent-up demand in 2011, following a rise in disposable income and falling unemployment, rebounded the industry to growth. In the coming years, as consumers regain purchasing power and unemployment returns to near-normal levels, discretionary spending on apparel will continue to grow... purchase to read more

Industry Report - Industry Analysis Chapter

The Men’s Clothing Stores industry comprises retailers that sell exclusively men’s clothing, with the majority of sales generated through casual wear, office apparel and formal attire. Demand for office wear is highly dependent on employment levels. In recent years, unemployment has significantly decreased; in 2015, a 14.1% decrease in unemployment led to a 7.4% increase in industry revenue. Furthermore, high levels of per capita disposable income and consumer confidence have encouraged shoppers to attend expensive black-tie events, encouraging suit sales. These positive macroeconomic factors have also allowed shoppers to spend more liberally at industry establishments and trade up to premium-brand apparel... 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. Operators may also offer custom suits and other clothing through alterations such as hemming, taking in or letting out seams and lengthening or shortening sleeves.

Industry Products
Suits and formal wearCasual wearOffice wearSport coats and blazersOvercoats 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' clothing


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