NEW YORK , Oct. 2, 2024 /PRNewswire/ -- Report on how AI is redefining market landscape - The Global Non-Store and Online Menswear Market size is estimated to grow by USD 54.5 billion from 2024-2028, according to Technavio.
The market is estimated to grow at a CAGR of almost 11.63% during the forecast period. Increasing digital spend is driving market growth, with a trend towards rising emphasis on inorganic growth.
However, expanding retail space poses a challenge - Key market players include Aditya Birla Fashion and Retail Ltd., Alibaba Group Holding Ltd., Amazon.
com Inc., boohoo.com UK Ltd.
, GANT, Grailed, Grenson Shoes, J D Williams and Co. Ltd., Kohls Inc, Landmark Group, Next Plc, Nordstrom Inc.
, Reliance Industries Ltd., River Island , Shoppers Stop Ltd., Tata Sons Pvt.
Ltd., The Gap Inc., The Kroger Co.
, Walmart Inc., and YOOX NET-A-PORTER GROUP. AI-Powered Market Evolution Insights.
Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View your snapshot now The global non-store and online menswear market is witnessing significant growth due to an increasing number of mergers and acquisitions (M&A). Vendors are acquiring smaller companies to expand their product offerings and gain access to new technologies. For instance, Amazon launched its Amazon Aware sustainable clothing line for men in March 2022 , while Walmart collaborated with NPD Group in April 2022 to expand its activewear brands portfolio.
In May 2021 ,.