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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 2016

Suited up: Bolstered by economic gains, demand for men's apparel is expected to 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
$10bn
Annual Growth 11-16
1.8%
Annual Growth 16-21
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Profit
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Employment
63,682
Businesses
8,363
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 - Starting a New Business Chapter

The Men's Clothing Stores industry has moderate barriers to entry. Competing directly with major players and established brands can be difficult without substantial resources. Major players also have the benefits of experienced staff, industry knowledge and exclusive distribution agreements. The cost of establishing a new retail outlet and investing in initial inventory may also be a barrier to entry. There are no major regulatory or license requirements to compete in this industry. A considerable of establishments are non-employing companies and the wide variety of product and market segments enables new entrants to target a niche market that may be under-served. These factors indicate that this industry has medium barriers to entry... 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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