Mens Coat, Jacket, And Suit Market 2024-2028: Size and Availability of counterfeit products; growth driven by the Distribution Channel, Some of key Companies Positioned Strategically

The mens coat, jacket, and suit market size by Distribution Channel (Online and Offline) and Geography (APAC, Europe, North America, South America, and Middle East and Africa), is forecast to increase by USD 20783.6 million. The market is expected to grow at a CAGR of  over 4.5% between 2024 and 2028.

• The men's coat, jacket, and suit market exhibits significant growth and increasing consumer demand, making it an attractive sector for manufacturers of counterfeit versions. In developing regions, these counterfeit products, often made from inferior raw materials, pose a threat due to their lower durability and similarity to authentic items. E-commerce platforms facilitate the distribution and sales of these counterfeit goods, creating challenges for consumers in distinguishing between genuine and imitation products. According to recent reports, customs authorities worldwide seize counterfeit men's coats, jackets, and suits worth millions of dollars each year. For instance, in 2018, approximately USD1 trillion in counterfeit goods were intercepted globally. This trend underscores the importance of maintaining product authenticity and consumer education to mitigate the impact of counterfeit items in the men's coat, jacket, and suit market.
• The menswear market encompasses a significant segment of the fashion industry, with coats, jackets, and suits being key product categories. These garments cater to the professional and fashion-conscious consumer base. Coats provide warmth and style, while jackets offer versatility and functionality. Suits, the epitome of formal attire, are essential for business and special occasions. Market trends indicate a growing demand for sustainable, technologically advanced, and customizable options in these product categories.

Access the full report to know who are the other key countries segment-wise forecast and historic data

Some of the Key Companies:

• Authentic Brands Group LLC
• Burberry Group Plc
• CORNELIANI Spa
• Dolce and Gabbana S.r.l.
• Ermenegildo Zegna N.V
• Etsy Inc.
• Giorgio Armani S.p.A.
• Guess Inc.
• Hennes and Mauritz AB
• Hermes International SA
• Hugo Boss AG
• Industria de Diseno Textil SA
• Kering SA
• LVMH Group.
• Prada S.p.A
• PVH Corp.
• Ralph Lauren Corp.
• The Gap Inc.
• Tom Ford International LLC
• VALENTINO Spa

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/