United Kingdom (UK) Menswear Market Size and Trend Analysis by Category, Segments, Region, Key Brands, and Forecast, 2022-2026

United Kingdom (UK) Menswear Market Size and Trend Analysis by Category, Segments, Region, Key Brands, and Forecast, 2022-2026

Summary

United Kingdom (UK) Menswear Market Size and Trend Analysis by Category, Segments, Region, Key Brands, and Forecast, 2022-2026 report offers comprehensive insight and analysis of the UK menswear market, the major players, the key trends, and consumer attitudes. It provides detailed analysis of the key trends shaping the market, market sizes and forecasts, and the performace of key retailers. The report also includes consumer data from 2022.

The UK menswear market experienced strong growth of 17.9% to reach £11.7bn in 2022, which is 5.3% above 2019 levels, boosted by pent-up demand for categories like holidaywear and occasionwear after the pandemic. While the surge in the cost of living will cause all UK apparel subsectors to decline in 2023, menswear will be more resilient than womenswear, since males tend to buy more versatile pieces that offer better value for money.

Scope

• The UK Menswear market is forecast to decline by 5.9% in 2023, however, it is then set to return to growth in 2024, followed by consistent growth out to 2026 as economic pressures ease.
• The proportion of menswear sales made online remained 8.6ppts higher than 2019 in 2022 at 40.1%, with the channel expected to outperform in the long term, as men have become more accustomed to its ease and convenience.
• Men’s heightened preference for sportswear and athleisure has stuck following the pandemic, with sportswear sales within the menswear market expected to rise by 13.6% to £2.2bn between 2022 and 2026.
• The cost-of-living crisis is expected to hit menswear volumes, with 69.0% of male consumers stating in November 2022 that they are planning to buy fewer clothing & footwear products.

• Find out how the ongoing inflationary pressures are impacting the UK Menswear market, and how this compares to the other UK apparel subsectors
• Identify the key trends within the UK Menswear market, and how your business can integrate them into its proposition to become more competitive
• Understand UK consumers' preferences when shopping for menswear, to allow you to maximise customer acquisition