Thursday, May 28, 2020

Western Wear Market to Register Unwavering Growth During to 2023 - Benetton Group , Dolce & Gabanna, Prada

Western wear market size was $71,132 million in 2016, and is expected to reach $99,423 million by 2023, registering a CAGR of 4.8% during the forecast period. Western wear is a category of clothing that defines its unique style by referring to the clothes worn in the 19th century Wild West. Western wear market can be broadly split into two categories, business wear or office wear, which includes formal shirts, trousers, suits, skirts, t-shirts, and dresses; and event-specific wear, which includes clothing worn at events such as weddings, proms, award ceremonies, and others. Latest trends, advent of e-commerce, increase in disposable income, rise in fashion consciousness among youth, shift in consumer preferences, and improved lifestyle have a positive impact on the market. Previously, the western wear market was restricted to the metros. However, it is witnessing growth in the remote locations such as villages and mini-metros, providing potential opportunities for market expansion in the upcoming years.

Major Key Players of the Western Wear Market are:Benetton Group , Dolce & Gabanna, Prada , American Apparel , Levi Strauss & Co, and Diesel , Perry Ellis International Inc., Nautica Apparel, Inc., Burberry Group Plc., The Gap Inc., and PVH Corp.

Read More @ https://www.openpr.com/news/2025542/western-wear-market-to-register-unwavering-growth-during-to-2023 


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