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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 | Feb 2015

Coat and tie: As consumers regain purchasing power, spending on men's apparel will grow

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
$11bn
Annual Growth 10-15
4.1%
Annual Growth 15-20
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Profit
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Employment
70,772
Businesses
9,242
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 Products Chapter

Casual wear

Since the 1990s, there has been a shift in the product mix for men's clothing stores, moving away from conservative and toward casual wear. In addition to the growing number of clothing lines developing men-only stores, changing workplace dress codes from traditional business wear to casual dress have facilitated this trend. Casual wear is consequently anticipated to dominate industry revenue at 31.9% of the total. The casual wear segment has grown as some employers have relaxed the formal dress code during work hours. Moreover, the emergence of premium denim (i.e. branded denim that carries a promise of high quality and aesthetics) has helped this segment gain popularity, especially among Generation Y consumers, who value high-end casual wear... 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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