The Men'S Wear Market In India Will Reach 32 Billion 700 Million Dollars In 2020.

< p > > India a href= "//www.sjfzxm.com/news/index_f.asp" > men's wear > /a > market growth is fast. International market analysis company predicts that in 2012, the size of India men's wear market will be about $13 billion 800 million, increasing by 40.6% annually. It is estimated that the market size can reach 32 billion 700 million US dollars in 2020, which will provide broad market space for India and international brands. < /p >
< p > the textile industry association quoted the information of the foreign trade association's Calcutta office. According to the international market analysis company Data monitor, Menswear will become the largest consumer item in India's domestic garment market, and the annual compound growth rate will reach 9%. If so, by 2020, the size of the men's wear market in India is expected to reach 1 trillion and 760 billion rupees (about 32 billion 700 million US dollars), providing a broad market space for India and international brands. < /p >
< p > the textile industry association pointed out that the India market is growing rapidly. Many international a href= "//www.sjfzxm.com/news/index_f.asp" > men's wear brand /a > lead the way to provide personalized products to attract customers. Despite the competition pressure from European and American brands, India's local brands still have confidence in market competitiveness, because for most India consumers, it is not likely to cater to the trend of Europe and America. < /p >
< p > according to the analysis of India < a href= "//www.sjfzxm.com/news/index_f.asp" > garment industry < /a >, the competition between domestic and international brands of India men's wear market is more intense. India's traditional clothing brands, such as Madura Garments, Arvind, Zodiac Clothing and Raymond, are competing fiercely with international brands such as Cartier, Armani and Prada. These international brands cater to high-end consumers, and middle and low price products give way to India's domestic brands. < /p >
< p > the textile industry association said that according to the survey company's data, India's men's wear industry is booming, and India's rural market will play a key role in the growth of men's wear industry in the future. Mainly rural consumers in India, so far, still rely entirely on the way of ordering clothing, which provides a good opportunity for the promotion and sale of garments. < /p >