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Global Formal Wear Market Research Report 2025
Synopsis
Formal wear, formal attire or full dress is the traditional Western dress code category applicable for the most formal occasions, such as weddings, christenings
The global Formal Wear market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Formal Wear is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Formal Wear is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Formal Wear include Gap, H&M, Inditex, Kering, L Brands, Nike, PVH, Adidas and Burberry, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Formal Wear, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Formal Wear.
Report Scope
The Formal Wear market size, estimations, and forecasts are provided in terms of sales volume (K Suits) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Formal Wear market comprehensively. Regional market sizes, concerning products by Type, by Sales Channel, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Formal Wear manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Sales Channel, and by regions.
Market Segmentation
By Company
Gap
H&M
Inditex
Kering
L Brands
Nike
PVH
Adidas
Burberry
Hermès
Michael Kors
Prada
Ralph Lauren
Uniqlo
Industria de Diseno Textil
S.A, Pacific Brands Limited
Etam Development
Fast Retailing Co.
Esprit Holdings Limited
Aoyama Trading Co.
Mexx Group
Arcadia Group Limited
NEXT plc
Nordstrom, Inc.
Segment by Type
Women Formal Wear
Men Formal Wear
Segment by Sales Channel
Online Sales
Offline Sales
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Sales Channel, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Formal Wear manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Formal Wear in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Sales Channel, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
Formal wear, formal attire or full dress is the traditional Western dress code category applicable for the most formal occasions, such as weddings, christenings
The global Formal Wear market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Formal Wear is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Formal Wear is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Formal Wear include Gap, H&M, Inditex, Kering, L Brands, Nike, PVH, Adidas and Burberry, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Formal Wear, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Formal Wear.
Report Scope
The Formal Wear market size, estimations, and forecasts are provided in terms of sales volume (K Suits) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Formal Wear market comprehensively. Regional market sizes, concerning products by Type, by Sales Channel, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Formal Wear manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Sales Channel, and by regions.
Market Segmentation
By Company
Gap
H&M
Inditex
Kering
L Brands
Nike
PVH
Adidas
Burberry
Hermès
Michael Kors
Prada
Ralph Lauren
Uniqlo
Industria de Diseno Textil
S.A, Pacific Brands Limited
Etam Development
Fast Retailing Co.
Esprit Holdings Limited
Aoyama Trading Co.
Mexx Group
Arcadia Group Limited
NEXT plc
Nordstrom, Inc.
Segment by Type
Women Formal Wear
Men Formal Wear
Segment by Sales Channel
Online Sales
Offline Sales
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Sales Channel, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Formal Wear manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Formal Wear in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Sales Channel, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
Index1 Formal Wear Market Overview
1.1 Product Overview and Scope of Formal Wear
1.2 Formal Wear Segment by Type
1.2.1 Global Formal Wear Market Value Comparison by Type (2024-2030)
1.2.2 Women Formal Wear
1.2.3 Men Formal Wear
1.3 Formal Wear Segment by Sales Channel
1.3.1 Global Formal Wear Market Value by Sales Channel: (2024-2030)
1.3.2 Online Sales
1.3.3 Offline Sales
1.4 Global Formal Wear Market Size Estimates and Forecasts
1.4.1 Global Formal Wear Revenue 2019-2030
1.4.2 Global Formal Wear Sales 2019-2030
1.4.3 Global Formal Wear Market Average Price (2019-2030)
1.5 Assumptions and Limitations
2 Formal Wear Market Competition by Manufacturers
2.1 Global Formal Wear Sales Market Share by Manufacturers (2019-2024)
2.2 Global Formal Wear Revenue Market Share by Manufacturers (2019-2024)
2.3 Global Formal Wear Average Price by Manufacturers (2019-2024)
2.4 Global Formal Wear Industry Ranking 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Formal Wear, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Formal Wear, Product Type & Application
2.7 Formal Wear Market Competitive Situation and Trends
2.7.1 Formal Wear Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Formal Wear Players Market Share by Revenue
2.7.3 Global Formal Wear Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Formal Wear Retrospective Market Scenario by Region
3.1 Global Formal Wear Market Size by Region: 2019 Versus 2023 Versus 2030
3.2 Global Formal Wear Global Formal Wear Sales by Region: 2019-2030
3.2.1 Global Formal Wear Sales by Region: 2019-2024
3.2.2 Global Formal Wear Sales by Region: 2025-2030
3.3 Global Formal Wear Global Formal Wear Revenue by Region: 2019-2030
3.3.1 Global Formal Wear Revenue by Region: 2019-2024
3.3.2 Global Formal Wear Revenue by Region: 2025-2030
3.4 North America Formal Wear Market Facts & Figures by Country
3.4.1 North America Formal Wear Market Size by Country: 2019 VS 2023 VS 2030
3.4.2 North America Formal Wear Sales by Country (2019-2030)
3.4.3 North America Formal Wear Revenue by Country (2019-2030)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Formal Wear Market Facts & Figures by Country
3.5.1 Europe Formal Wear Market Size by Country: 2019 VS 2023 VS 2030
3.5.2 Europe Formal Wear Sales by Country (2019-2030)
3.5.3 Europe Formal Wear Revenue by Country (2019-2030)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Formal Wear Market Facts & Figures by Country
3.6.1 Asia Pacific Formal Wear Market Size by Country: 2019 VS 2023 VS 2030
3.6.2 Asia Pacific Formal Wear Sales by Country (2019-2030)
3.6.3 Asia Pacific Formal Wear Revenue by Country (2019-2030)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.6.13 Philippines
3.7 Latin America Formal Wear Market Facts & Figures by Country
3.7.1 Latin America Formal Wear Market Size by Country: 2019 VS 2023 VS 2030
3.7.2 Latin America Formal Wear Sales by Country (2019-2030)
3.7.3 Latin America Formal Wear Revenue by Country (2019-2030)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Formal Wear Market Facts & Figures by Country
3.8.1 Middle East and Africa Formal Wear Market Size by Country: 2019 VS 2023 VS 2030
3.8.2 Middle East and Africa Formal Wear Sales by Country (2019-2030)
3.8.3 Middle East and Africa Formal Wear Revenue by Country (2019-2030)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 U.A.E
4 Segment by Type
4.1 Global Formal Wear Sales by Type (2019-2030)
4.1.1 Global Formal Wear Sales by Type (2019-2024)
4.1.2 Global Formal Wear Sales by Type (2025-2030)
4.1.3 Global Formal Wear Sales Market Share by Type (2019-2030)
4.2 Global Formal Wear Revenue by Type (2019-2030)
4.2.1 Global Formal Wear Revenue by Type (2019-2024)
4.2.2 Global Formal Wear Revenue by Type (2025-2030)
4.2.3 Global Formal Wear Revenue Market Share by Type (2019-2030)
4.3 Global Formal Wear Price by Type (2019-2030)
5 Segment by Sales Channel
5.1 Global Formal Wear Sales by Sales Channel (2019-2030)
5.1.1 Global Formal Wear Sales by Sales Channel (2019-2024)
5.1.2 Global Formal Wear Sales by Sales Channel (2025-2030)
5.1.3 Global Formal Wear Sales Market Share by Sales Channel (2019-2030)
5.2 Global Formal Wear Revenue by Sales Channel (2019-2030)
5.2.1 Global Formal Wear Revenue by Sales Channel (2019-2024)
5.2.2 Global Formal Wear Revenue by Sales Channel (2025-2030)
5.2.3 Global Formal Wear Revenue Market Share by Sales Channel (2019-2030)
5.3 Global Formal Wear Price by Sales Channel (2019-2030)
6 Key Companies Profiled
6.1 Gap
6.1.1 Gap Corporation Information
6.1.2 Gap Description and Business Overview
6.1.3 Gap Formal Wear Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Gap Formal Wear Product Portfolio
6.1.5 Gap Recent Developments/Updates
6.2 H&M
6.2.1 H&M Corporation Information
6.2.2 H&M Description and Business Overview
6.2.3 H&M Formal Wear Sales, Revenue and Gross Margin (2019-2024)
6.2.4 H&M Formal Wear Product Portfolio
6.2.5 H&M Recent Developments/Updates
6.3 Inditex
6.3.1 Inditex Corporation Information
6.3.2 Inditex Description and Business Overview
6.3.3 Inditex Formal Wear Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Inditex Formal Wear Product Portfolio
6.3.5 Inditex Recent Developments/Updates
6.4 Kering
6.4.1 Kering Corporation Information
6.4.2 Kering Description and Business Overview
6.4.3 Kering Formal Wear Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Kering Formal Wear Product Portfolio
6.4.5 Kering Recent Developments/Updates
6.5 L Brands
6.5.1 L Brands Corporation Information
6.5.2 L Brands Description and Business Overview
6.5.3 L Brands Formal Wear Sales, Revenue and Gross Margin (2019-2024)
6.5.4 L Brands Formal Wear Product Portfolio
6.5.5 L Brands Recent Developments/Updates
6.6 Nike
6.6.1 Nike Corporation Information
6.6.2 Nike Description and Business Overview
6.6.3 Nike Formal Wear Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Nike Formal Wear Product Portfolio
6.6.5 Nike Recent Developments/Updates
6.7 PVH
6.6.1 PVH Corporation Information
6.6.2 PVH Description and Business Overview
6.6.3 PVH Formal Wear Sales, Revenue and Gross Margin (2019-2024)
6.4.4 PVH Formal Wear Product Portfolio
6.7.5 PVH Recent Developments/Updates
6.8 Adidas
6.8.1 Adidas Corporation Information
6.8.2 Adidas Description and Business Overview
6.8.3 Adidas Formal Wear Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Adidas Formal Wear Product Portfolio
6.8.5 Adidas Recent Developments/Updates
6.9 Burberry
6.9.1 Burberry Corporation Information
6.9.2 Burberry Description and Business Overview
6.9.3 Burberry Formal Wear Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Burberry Formal Wear Product Portfolio
6.9.5 Burberry Recent Developments/Updates
6.10 Hermès
6.10.1 Hermès Corporation Information
6.10.2 Hermès Description and Business Overview
6.10.3 Hermès Formal Wear Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Hermès Formal Wear Product Portfolio
6.10.5 Hermès Recent Developments/Updates
6.11 Michael Kors
6.11.1 Michael Kors Corporation Information
6.11.2 Michael Kors Formal Wear Description and Business Overview
6.11.3 Michael Kors Formal Wear Sales, Revenue and Gross Margin (2019-2024)
6.11.4 Michael Kors Formal Wear Product Portfolio
6.11.5 Michael Kors Recent Developments/Updates
6.12 Prada
6.12.1 Prada Corporation Information
6.12.2 Prada Formal Wear Description and Business Overview
6.12.3 Prada Formal Wear Sales, Revenue and Gross Margin (2019-2024)
6.12.4 Prada Formal Wear Product Portfolio
6.12.5 Prada Recent Developments/Updates
6.13 Ralph Lauren
6.13.1 Ralph Lauren Corporation Information
6.13.2 Ralph Lauren Formal Wear Description and Business Overview
6.13.3 Ralph Lauren Formal Wear Sales, Revenue and Gross Margin (2019-2024)
6.13.4 Ralph Lauren Formal Wear Product Portfolio
6.13.5 Ralph Lauren Recent Developments/Updates
6.14 Uniqlo
6.14.1 Uniqlo Corporation Information
6.14.2 Uniqlo Formal Wear Description and Business Overview
6.14.3 Uniqlo Formal Wear Sales, Revenue and Gross Margin (2019-2024)
6.14.4 Uniqlo Formal Wear Product Portfolio
6.14.5 Uniqlo Recent Developments/Updates
6.15 Industria de Diseno Textil
6.15.1 Industria de Diseno Textil Corporation Information
6.15.2 Industria de Diseno Textil Formal Wear Description and Business Overview
6.15.3 Industria de Diseno Textil Formal Wear Sales, Revenue and Gross Margin (2019-2024)
6.15.4 Industria de Diseno Textil Formal Wear Product Portfolio
6.15.5 Industria de Diseno Textil Recent Developments/Updates
6.16 S.A, Pacific Brands Limited
6.16.1 S.A, Pacific Brands Limited Corporation Information
6.16.2 S.A, Pacific Brands Limited Formal Wear Description and Business Overview
6.16.3 S.A, Pacific Brands Limited Formal Wear Sales, Revenue and Gross Margin (2019-2024)
6.16.4 S.A, Pacific Brands Limited Formal Wear Product Portfolio
6.16.5 S.A, Pacific Brands Limited Recent Developments/Updates
6.17 Etam Development
6.17.1 Etam Development Corporation Information
6.17.2 Etam Development Formal Wear Description and Business Overview
6.17.3 Etam Development Formal Wear Sales, Revenue and Gross Margin (2019-2024)
6.17.4 Etam Development Formal Wear Product Portfolio
6.17.5 Etam Development Recent Developments/Updates
6.18 Fast Retailing Co.
6.18.1 Fast Retailing Co. Corporation Information
6.18.2 Fast Retailing Co. Formal Wear Description and Business Overview
6.18.3 Fast Retailing Co. Formal Wear Sales, Revenue and Gross Margin (2019-2024)
6.18.4 Fast Retailing Co. Formal Wear Product Portfolio
6.18.5 Fast Retailing Co. Recent Developments/Updates
6.19 Esprit Holdings Limited
6.19.1 Esprit Holdings Limited Corporation Information
6.19.2 Esprit Holdings Limited Formal Wear Description and Business Overview
6.19.3 Esprit Holdings Limited Formal Wear Sales, Revenue and Gross Margin (2019-2024)
6.19.4 Esprit Holdings Limited Formal Wear Product Portfolio
6.19.5 Esprit Holdings Limited Recent Developments/Updates
6.20 Aoyama Trading Co.
6.20.1 Aoyama Trading Co. Corporation Information
6.20.2 Aoyama Trading Co. Formal Wear Description and Business Overview
6.20.3 Aoyama Trading Co. Formal Wear Sales, Revenue and Gross Margin (2019-2024)
6.20.4 Aoyama Trading Co. Formal Wear Product Portfolio
6.20.5 Aoyama Trading Co. Recent Developments/Updates
6.21 Mexx Group
6.21.1 Mexx Group Corporation Information
6.21.2 Mexx Group Formal Wear Description and Business Overview
6.21.3 Mexx Group Formal Wear Sales, Revenue and Gross Margin (2019-2024)
6.21.4 Mexx Group Formal Wear Product Portfolio
6.21.5 Mexx Group Recent Developments/Updates
6.22 Arcadia Group Limited
6.22.1 Arcadia Group Limited Corporation Information
6.22.2 Arcadia Group Limited Formal Wear Description and Business Overview
6.22.3 Arcadia Group Limited Formal Wear Sales, Revenue and Gross Margin (2019-2024)
6.22.4 Arcadia Group Limited Formal Wear Product Portfolio
6.22.5 Arcadia Group Limited Recent Developments/Updates
6.23 NEXT plc
6.23.1 NEXT plc Corporation Information
6.23.2 NEXT plc Formal Wear Description and Business Overview
6.23.3 NEXT plc Formal Wear Sales, Revenue and Gross Margin (2019-2024)
6.23.4 NEXT plc Formal Wear Product Portfolio
6.23.5 NEXT plc Recent Developments/Updates
6.24 Nordstrom, Inc.
6.24.1 Nordstrom, Inc. Corporation Information
6.24.2 Nordstrom, Inc. Formal Wear Description and Business Overview
6.24.3 Nordstrom, Inc. Formal Wear Sales, Revenue and Gross Margin (2019-2024)
6.24.4 Nordstrom, Inc. Formal Wear Product Portfolio
6.24.5 Nordstrom, Inc. Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Formal Wear Industry Chain Analysis
7.2 Formal Wear Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Formal Wear Production Mode & Process
7.4 Formal Wear Sales and Marketing
7.4.1 Formal Wear Sales Channels
7.4.2 Formal Wear Distributors
7.5 Formal Wear Customers
8 Formal Wear Market Dynamics
8.1 Formal Wear Industry Trends
8.2 Formal Wear Market Drivers
8.3 Formal Wear Market Challenges
8.4 Formal Wear Market Restraints
9 Research Finding and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
Published By : QY Research
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