The menswear category is expected to witness stronger value growth over 2023-2028 than it witnessed over the review period. Growth is expected to be fostered by the return to steady growth anticipated for the local economy, coupled with an increase in the local population.
The escalation of interest rates both in Israel and globally is exerting a detrimental influence on the tech sector. According to a 2023 survey from the Israeli Innovation Authority, the uncertain business environment prompted up to 80% of new Israeli start-ups to register overseas through March in 2023, up from 20% in 2022.
As seen in 2023, with online sales in the apparel category far outperforming the other channels, the e-commerce channel is expected to continue driving growth in menswear in the forecast period. From a consumer perspective, the online channel offers unmatched convenience, as well as the possibility to cross-check prices, which is key for money-squeezed consumers who are seeking the best bargains.
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Understand the latest market trends and future growth opportunities for the Menswear industry in Israel with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Menswear industry in Israel, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Menswear
This is the aggregation of men's outerwear and men's underwear, nightwear and swimwear.
See All of Our DefinitionsThis report originates from Passport, our Menswear research and analysis database.
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