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Neckwear Market Forecast and Opportunity Assessment by 2028

Stratview Research has published a new report on the Neckwear Market after a thorough analysis of the market. The key sources of information gathered for the report include various industry experts, suppliers, manufacturers, associations along with business distributions. The research report determines unique benefits of the various market size, share and the patent industry.

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The objective of the Neckwear Market report is to offer updated information such as the market share, size, trends, emerging markets, earnings, forecasts, and data on leading industry players. This study includes significant and vital information necessary for strategic decision making and have a competitive edge.

In view with the current pandemic analysts at Stratview Research has thoroughly analyzed and presented the following parameters under the detailed Covid – 19 impact analysis in the Neckwear Market.

Market Insights – The Neckwear Marketis projected to grow from USD 6.36 billion in 2022 to USD 8.69 billion by 2028 at a CAGR of over 5.3% during the forecast period.

Few key players operating in the Neckwear Market are-

• Brooks Brothers Group, Inc.

• Giorgio Armani S.p.A.

• Ralph Lauren Corporation

• PVH Corp.

• LVHM

• Brackish Brand

• Vineyard Vines

• The Tie Bar

• Turnbull & Asser

• Battistoni

Growth drivers and Market Value:

This report, from Stratview Research, studies Neckwear market value and growth drivers over the trend period of 2022-27. According to the report -

Neckwear market is likely to witness moderate CAGR of 1.9% during the forecast period. The prime factor that is contributing to the demand for neckwears is mainly the increasing working professionals across the globe such as bankers, stalk brokers, media professional and students.

Segment Analysis:

Based on by Product Type:

Based on the product type, the market is segmented as neckties, bowties, and others. The neckties segment held the largest share of the market in 2021, and is expected to remain dominant during the forecast period. The wide use of neckwear by consumers in different professions such as bankers, hotel personnel, lawyers, psychiatrists, aviation and cooperate companies is driving the growth of this segment.

Based on Regional:

In terms of regions, Asia-Pacific is estimated to be the largest as well as the fastest-growing neckwear market during the forecast period, with China, India, Japan, and Korea being the major countries with lucrative growth opportunities. The growth of the market is driven by the adoption of bow ties in the region due to great influence of western culture, which is generating huge demand for neckwears and the presence of a large number of neckwear manufacturers in the Asia-Pacific region. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

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Critical Questions Answered in the Report

What are the key trends in the global Neckwear Market?

How the Neckwear Market (and its various sub-segments) has grown in the last five years?

What would be the growth driver and growth rate in next five years?

What is the impact of COVID-19 on the Neckwear Market?

What are the key strategies adopted by the major vendors to lead in the Neckwear Market?

What is the market share of the key players?

Target Audience

The following is a list of the customers that the Neckwear Market aims to convert the most:

Manufacturing Organizations

Distributors & Suppliers

Potential Investors

Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, or to cover analysis on any particular geography or segment, please send your inquiry at [email protected] or +1-313-307-4176.

What we do –Stratview Research is a growing market research firm. Experts here illustrate innovative, descriptive, and comprehensive insights through market research to satisfy your individual and organizational objectives. We assist the users to make well-informed, profound and favourable decisions to comprehend the advantages of forthcoming trends, developments, assessments, and opportunities through our precise understanding of the market.

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