Casualwear Market Research
Casualwear Market Research
Casualwear Market Research
menswear
MARKET
RESEARCH
,NGISED RAEWTINK
ISHA M.
introduction
WHAT IS MENSWEAR?
the time.
Womenswear
Menswear
Kidswear
womenswear.
market survey
Men have undergone a style education, first via magazines and latterly via websites
and social media; that has generated acceptability among men in having an interest in
clothes – much as the grooming world has fostered acceptability in looking after
yourself – something that not long ago was considered suspect.
Colour, pattern, a mix of the tailored and the technical, the high brow with the
historical – everything goes, often in the same outfit. There’s a confidence to men and
their clothing now, even among men who aren’t that into clothes.
But it’s certainly easier to be into clothes now. The overwhelming influence of street
and sportswear – notable even among the designer names – has made menswear
both more urban, more approachable and, importantly for men, more comfortable too.
Dress codes have softened drastically – which means there’s more sense in investing
in clothing you get to wear more than at the weekend. And men are investing: almost a
fifth of men will have spent over £100 on their last shopping trip – only 12 per cent of
women will have done so.
The market has broken away from its
dominance by expensive designer labels
as well – the very 80s, anti-democratic
idea of which seems out of keeping with
the times now – and seen a boom in
quality-driven, more affordable brands
pitched right in the middle; 70 percent of
men say the quality is important in their
clothing.
While casual is "informal" in the sense of "not formal", informal attire traditionally
refers to a Western dress code associated with suits - a step below semi-formal attire
- thus being more formal than casual attire.
With the popularity of spectator sports in the late 20th century, a good deal of athletic
gear has influenced casual wear, such as jogging suits, running shoes, and track
clothing. Workwear is worn for manual labor also falls into casual wear. Basic
materials used for casual wear include denim, cotton, jersey, flannel, and fleece.
Materials such as velvet, chiffon, and brocade are often associated with more formal
clothes.
casual market
With a market size of Rs 1,56,496 crore (US$ 24 billion), menswear is the largest
segment in the apparel market and is expected to grow at a CAGR of 7.6 percent for the
next ten years to reach the market of Rs 3,26,869 crore (US$ 49 billion) by 2028.
The Indian casual wear market has evolved very quickly and has emerged as one of the
fastest-growing segments in the Indian Fashion Market. Over the past few years, the
market has witnessed accelerating growth, driven by growth in income levels, changing
lifestyles, increasing casualization among MNC employees, the emergence of start-ups,
and the entry of foreign players. Home-grown brands have also launched trendy casual
wear products and repositioned the brand to mirror global fashion trends.